1,4-Cyclohexanedimethanol (CHDM) Market Share, Size, Trends, Industry Analysis Report, By Application (Polyester Materials,Coating Materials,Others), By Type (Cis/Trans Ratio: 30:70,Cis/Trans Ratio: 25:75,Others) and Forecast 2024 - 2031
The "1,4-Cyclohexanedimethanol (CHDM) Market" is focused on controlling cost, and improving efficiency. Moreover, the reports offer both the demand and supply aspects of the market. The 1,4-Cyclohexanedimethanol (CHDM) market is expected to grow annually by 5.1% (CAGR 2024 - 2031).
This entire report is of 108 pages.
1,4-Cyclohexanedimethanol (CHDM) Introduction and its Market Analysis
1,4-Cyclohexanedimethanol (CHDM) is a versatile chemical compound used in the production of various materials such as polyester resins, coatings, adhesives, and plasticizers. The global CHDM market is experiencing steady growth due to increasing demand from industries such as automotive, packaging, and textiles. Key players in the market include Eastman, Feixiang Group, SK NJC, and Kangheng Chemical. These companies are focusing on expanding their product portfolios and strengthening their presence in key regions. The main findings of the market research report highlight the potential for further growth in the CHDM market, with recommendations for companies to invest in research and development to innovate new applications for the compound.
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1,4-Cyclohexanedimethanol (CHDM) is a key chemical used in various industries like polyester materials, coating materials, and others. The market for CHDM is segmented based on the cis/trans ratio, with ratios of and 25:75 being the most common. Regulatory and legal factors play a significant role in shaping the market conditions for CHDM. Companies operating in this market need to be aware of the regulatory requirements related to the production, sale, and use of CHDM. Adhering to these regulations is essential to ensure compliance and avoid potential legal issues. Overall, the CHDM market offers promising opportunities for growth and innovation in industries such as textiles, plastics, and coatings.
Top Featured Companies Dominating the Global 1,4-Cyclohexanedimethanol (CHDM) Market
The global 1,4-Cyclohexanedimethanol (CHDM) market is highly competitive with key players such as Eastman, Feixiang Group, SK NJC, and Kangheng Chemical dominating the market. These companies are involved in the production and supply of 1,4-Cyclohexanedimethanol for various applications including the manufacturing of polyester resins, coatings, fibers, and plastics.
Eastman is a prominent player in the 1,4-Cyclohexanedimethanol market, offering a wide range of high-quality products to meet customer needs. Feixiang Group is another major player with a strong presence in the market, known for its reliable supply chain and efficient production processes. SK NJC and Kangheng Chemical are also key players in the market, contributing significantly to the growth of the 1,4-Cyclohexanedimethanol market.
These companies utilize 1,4-Cyclohexanedimethanol in the production of various products such as polyester resins, coatings, and fibers. By providing high-quality CHDM products, they help meet the growing demand for these materials in industries such as automotive, construction, and textiles.
In terms of sales revenue, Eastman reported a revenue of $ billion in 2020, highlighting its strong position in the market. Feixiang Group, SK NJC, and Kangheng Chemical also reported substantial revenues, showcasing their significant contributions to the 1,4-Cyclohexanedimethanol market growth. Overall, these companies play a crucial role in driving the expansion of the 1,4-Cyclohexanedimethanol market through their innovative product offerings, global presence, and strategic partnerships.
- Eastman
- Feixiang Group
- SK NJC
- Kangheng Chemical
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1,4-Cyclohexanedimethanol (CHDM) Market Analysis, by Type:
- Cis/Trans Ratio: 30:70
- Cis/Trans Ratio: 25:75
- Others
1,4-Cyclohexanedimethanol (CHDM) comes in different types based on the cis/trans ratio, such as and 25:75. These variations offer unique properties that cater to different needs in various industries, thereby boosting demand in the market. The 30:70 ratio is preferred for its flexibility and impact resistance, making it suitable for applications in coatings and adhesives. On the other hand, the 25:75 ratio offers improved durability and hardness, making it ideal for use in automotive and packaging industries. These diverse types of CHDM provide choices for manufacturers, driving growth in the market.
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1,4-Cyclohexanedimethanol (CHDM) Market Analysis, by Application:
- Polyester Materials
- Coating Materials
- Others
1,4-Cyclohexanedimethanol (CHDM) is commonly used in the production of polyester materials, where it acts as a diol component in polymer chains, imparting properties such as strength and durability. In coating materials, CHDM is used as a crosslinking agent to enhance adhesion and chemical resistance. Other applications of CHDM include the manufacturing of adhesives, sealants, and plasticizers. The fastest growing application segment in terms of revenue is in the production of polyester materials, as the demand for high-performance polymers continues to rise in various industries such as automotive, textile, and packaging.
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1,4-Cyclohexanedimethanol (CHDM) Industry Growth Analysis, by Geography:
North America:
- United States
- Canada
Europe:
- Germany
- France
- U.K.
- Italy
- Russia
Asia-Pacific:
- China
- Japan
- South Korea
- India
- Australia
- China Taiwan
- Indonesia
- Thailand
- Malaysia
Latin America:
- Mexico
- Brazil
- Argentina Korea
- Colombia
Middle East & Africa:
- Turkey
- Saudi
- Arabia
- UAE
- Korea
The 1,4-Cyclohexanedimethanol (CHDM) market is expected to experience significant growth in regions such as North America (United States, Canada), Europe (Germany, France, ., Italy, Russia), Asia-Pacific (China, Japan, South Korea, India, Australia, Indonesia, Thailand, Malaysia), Latin America (Mexico, Brazil, Argentina, Colombia), and Middle East & Africa (Turkey, Saudi Arabia, UAE). Asia-Pacific is expected to dominate the market, with a market share of 45%, followed by North America with 25% market share. Europe is expected to have a market share of 20%, while Latin America and Middle East & Africa are expected to have a combined market share of 10%.
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