According to a new report, published by KBV research, The Global Hexamethylenediamine Market size is expected to reach $13.5 billion by 2030, rising at a market growth of 5.5% CAGR during the forecast period. In the year 2022, the market attained a volume of 3,396.83 Kilo Tonnes, experiencing a growth of 4.1% (2019-2022).
The Automotive segment is leading the Global Hexamethylenediamine Market, by End-use in 2022; thereby, achieving a market value of $6.1 Billion by 2030. The primary application of HMDA in the automotive segment is in the production of nylon 66. HMDA, when combined with adipic acid, forms the polyamide chain that constitutes nylon 66. The automotive segment has been increasingly focused on lightweight to improve fuel efficiency and reduce emissions. Nylon 66, derived from HMDA, is known for its high strength-to-weight ratio, making it an ideal material for producing lightweight components.
The Curing Agents segment is exhibiting a CAGR of 6.1% during (2023 - 2030). HMDA is widely utilized as a curing agent in producing epoxy resins. Epoxy resins are versatile polymers with excellent adhesion, chemical resistance, and mechanical properties. HMDA acts as a curing agent by reacting with epoxy resins to form a cross-linked network, providing the cured material with enhanced strength and durability. The use of HMDA in curing agents contributes to the development of corrosion-resistant coatings, making them valuable in applications ranging from marine coatings to oil and gas infrastructure.
The Asia Pacific region dominated the Global Hexamethylenediamine Market, by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $5.2 Billion by 2030. The North America region is poised to grow a CAGR of 4.6% during (2023 - 2030). Additionally, The Europe region would experience a CAGR of 5.3% during (2023 - 2030).
Full Report:https://www.kbvresearch.com/hexamethylenediamine-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of BASF SE, DuPont de Nemours, Inc., Toray Industries, Inc., Merck KGaA, Asahi Kasei Corporation, Evonik Industries AG (RAG-Stiftung), Ashland, Inc., Koch Industries, Inc. (Invista BV), Ascend Performance Materials LLC and Lanxess AG
By End-use (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Geography (Volume, Kilo Tonnes, USD Billion, 2019-2030)
Companies Profiled
Unique Offerings 
