1, 2-Diaminocyclohexane by Type (Overview: Global 1, 2-Diaminocyclohexane Consumption Value, 0.98, 0.99), by Application (Overview: Global 1, 2-Diaminocyclohexane Consumption Value, Coatings, Adhesives, Sealants, Others), by North America (United States, Canada, Mexico), by South America (Brazil, Argentina, Rest of South America), by Europe (United Kingdom, Germany, France, Italy, Spain, Russia, Benelux, Nordics, Rest of Europe), by Middle East & Africa (Turkey, Israel, GCC, North Africa, South Africa, Rest of Middle East & Africa), by Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania, Rest of Asia Pacific) Forecast 2025-2033
The global 1,2-Diaminocyclohexane market is estimated to be valued at around USD 98 million in 2023 and is projected to expand at a CAGR of over 4% from 2023 to 2033. Increasing demand from coatings, adhesives, and sealants, rising demand for nylon 66, and growing automotive and construction industries are driving the market growth. However, volatility in raw material prices and stringent environmental regulations may restrain market expansion.
The major players operating in the global 1,2-Diaminocyclohexane market include Invista, BASF, Asahi Kasei, Rhodia (Solvay), and Shenma Group. These companies are focusing on expanding their production capacities and geographical reach to meet the growing demand for 1,2-Diaminocyclohexane. The market is fragmented, with a large number of small and medium-sized players. However, the key players in the market have a significant market share due to their strong brand recognition and extensive distribution networks.
The market for 1,2-diaminocyclohexane is expected to grow at a CAGR of 4.5% during the forecast period of 2022-2027. The market is driven by the increasing demand for nylon 6, which is the primary application of 1,2-diaminocyclohexane. Nylon 6 is used in a variety of applications, including automotive parts, carpets, and clothing.
The Asia-Pacific region is the largest market for 1,2-diaminocyclohexane, followed by Europe and North America. The Asia-Pacific region is expected to continue to be the largest market for 1,2-diaminocyclohexane during the forecast period. The growth in the Asia-Pacific region is driven by the increasing demand for nylon 6 in emerging economies such as China and India.
Key market insights include:
The 1,2-diaminocyclohexane market is being driven by a number of factors, including:
The 1,2-diaminocyclohexane market faces a number of challenges and restraints, including:
The Asia-Pacific region is expected to continue to dominate the global market for 1,2-diaminocyclohexane during the forecast period. The growth in the Asia-Pacific region is driven by the increasing demand for nylon 6 in emerging economies such as China and India.
The automotive industry is the largest end-use industry for 1,2-diaminocyclohexane. The increasing demand for automobiles in emerging economies is driving the growth of the automotive industry, which in turn is driving the growth of the market for 1,2-diaminocyclohexane.
The growth of the 1,2-diaminocyclohexane industry is being catalyzed by a number of factors, including:
The leading players in the 1,2-diaminocyclohexane industry include:
Aspects | Details |
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Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of XX% from 2019-2033 |
Segmentation |
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Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of XX% from 2019-2033 |
Segmentation |
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Note* : In applicable scenarios
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