DUBLIN--(BUSINESS WIRE)--The "Global Hexamethylenediamine Market - Segmented by Application, End-User Industry and Geography - Growth, Trends and Forecasts (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The global hexamethylenediamine market is estimated to witness a CAGR of 5.12% during the forecast period, 2018-2023. Asia-Pacific is to lead the market with larger share of the global market supported by the increasing demand for nylon-66 application.
High amount of hexamethylenediamine produced is consumed for the manufacturing of nylon 66. The adoption of nylon 66 can be seen in automotive, textiles, and packaging end-user sectors. The focus to reduce vehicle weight for greater fuel efficiency and lower emissions will raise demand for lightweight composite nylon resins in automotive under-the-hood components. The demand for nylon tire cord fabric is also growing at a steady rate driven by the production of light and heavy commercial vehicles. Nylon 66 is replacing conventional materials in various applications. Ongoing increase in the usage of the nylon 66 fiber is driving the market for hexamethylenediamine.
Nylon 66, which is made from hexamethylenediamine, is widely used in automotive industry for body parts such as under hood and mechanical component. Consumption of nylon 66 in the automotive industry is to grow at a faster rates with the acceptance of nylon over metal for a variety of automotive parts. Other growing applications include electronics applications, film, and extrusion coatings. The growing automotive industry is to drive the market for hexamethylenediamine.
Notable Developments in the Market
- January 2018: Toray held Opening Ceremony of New Airbag Nylon Fiber and Fabric Plant in Mexico
- January 2018: Asahi Kasei was to expand capacity for Leon nylon 66 filament used in industrial applications
Key Topics Covered
2. Executive Summary
3. Market Insights
4. Market Dynamics
5. Market Segmentation and Analysis
6. Regional Market Analysis
7. Future of the Market
8. Competitive Landscape
9. Company Profiles
- Asahi Kasei Corporation
- Ascend Performance Materials LLC
- BASF SE
- Formosa Plastic Corporation
- Evonik Industries AG
- Rennovia Inc.
- Toray Industries Inc.
For more information about this report visit https://www.researchandmarkets.com/research/mgn7j8/global?w=4