Hexamethylenediamine Market

As per Market Research Future Analysis, the Hexamethylenediamine (HMDA) market was valued at USD 5.98 Billion during the historic forecast period and is projected to grow at a CAGR of 5.30% during the forecast period. HMDA is primarily used in the production of nylon 66 and has applications in various sectors including textiles, automotive, and water treatment. The Asia-Pacific region dominates the market, driven by industrialization and increased nylon production, with China being the largest consumer. North America and Europe also show significant growth potential due to rising demand in paints, coatings, and automotive components. The market is supported by key players such as INVISTA, BASF SE, and Merck KGaA.

INVISTA (US), BASF SE (Germany), Asahi Kasei Corporation (Japan), TORAY INDUSTRIES, INC. (Japan), Merck KGaA (Germany), Evonik Industries AG (Germany), Solvay (Belgium), Ascend Performance Materials (US), DuPont (US), LANXESS (Germany).

• In February 2020, Invista, a US-based fiber, resin, and intermediates firm, reported that its USD 1.2 billion adiponitriles (ADN) project in China is still on track, despite the coronavirus outbreak that is causing disruption and raising the possibility of an economic slowdown. In January, officials granted environmental and safety licenses to the 400,000t/yr ADN factory in Shanghai's chemical park.
• The total value of China's nylon exports in 2018 was USD 137.70 million. As a result, it is now one of the top three global nylon exporters.

Intended Audience

• Traders and distributors of hexamethylenediamine
• Potential investors
• Raw material suppliers
• Hexamethylenediamine manufacturers
• Distributors
• Industry associations