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1,6-Hexanediol Market Forecast to Reach $1.51 Billion by 2025


1,6-Hexanediol Market Forecast to Reach $1.51 Billion by 2025
The Increasing Use as Feedstock for the Manufacture of Chemical Compounds and Increasing Demand From the Wind Energy Industry Are Major Factors Driving the 1,6-Hexanediol Market.
BriefingWire.com, 4/07/2021 - 1,6-Hexanediol Market is forecast to reach $1.51 billion by 2025, after growing at a CAGR of 6.8% during 2020-2025. In recent years the demand for 1,6-hexanediol has improved due to its increased use in the APAC region. Moreover, the increasing use of 1,6-hexanediol in a variety of applications, such as coatings, polyurethanes, acrylates and polyester resins, has further led to this market s growth. As Polyurethanes is the main end-user of 1,6-hexanediol, it is used in the application segments of Polyurethanes and other resins as a chain extender. It transforms polyurethanes into transformed polyurethanes with a considerably high resistance to corrosion. Polyurethanes have ....

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