Global 1,6-Hexanediol Market was valued at US$ 732 million in 2016 and is expected to reach US$ 1554.7 million by 2026 at a CAGR of 7.82%. 1,6-Hexanediol is readily biodegradable, provides high performance and has low environmental impacts during operational exposure to workers thereby forming few key factors contributing to the improved consumption of 1,6-Hexanediol. High variations in raw material prices, rise in availability of substitute products as pentanediol and butendiiol, along with lack of awareness in developing countries such as Saudi Arabia, India and United Arab Emirates may restrain the market growth of 1,6-Hexanediol market. Polyurethane holds the largest market share owing to rising energy conversation importance due to increasing cost along with shift in preference towards high efficiency and low green house gases material. Paints & Coatings is the second largest segment. Shifting of European players to emerging countries such as India, and China along with the growth of the automotive market in the Asia-Pacific. Middle East Region will likely help in growth of 1,6-Hexanediol market. North America and Europe formed two largest regions contributing to the growth with Asia Pacfic accounting one of the fastest growth rates globally. 1,6-Hexanediol Market, by Application: • Polyurethanes • Polyester Resins • Coatings • Acrylates • Adhesives • Plasticizers • Others 1,6-Hexanediol Market, by Geography: • North America • Europe • Asia Pacific • Middle East & Africa • Latin America
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