1-6 Hexanediol Market Key Players, Segmentation By Product, By Application, By End-user and By Region
(I-BusinessNews.Com, September 15, 2021 ) The global polyurethanes is projected to register significant growth and is the largest market in the overall 1,6-hexanediol market. It is the largest application of 1,6-hexanediol. Increasing demand for thermoplastic polyurethanes elastomers, coatings, foams, and so on has led to growth of polyurethanes market. 1,6-hexanediol converts the polyurethane into a modified polyurethane with substantially high corrosion resistance. It permeates different properties including high mechanical strength, low glass transition temperature, and high heat resistance into polyurethanes.
Europe is predicted to be the dominating region in 1,6-hexanediol market, in terms of value and volume, during the forecast period. Consumption of adhesives, softening agents, lacquers, acrylics, and others by manufacturers acts as a driving factor for the growth of the 1,6-hexanediol market. The use of chemicals in the manufacturing of acrylates is expected to grow further particularly in European region during the forecast period.
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