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Hexamine Market

Global Hexamine Market Analysis, Share, Trends, Forecast: By Grade: Stabilised, Unstabilised; By Application: Polymer and Plastics, Personal Care, Pharmaceuticals, Adhesives and Sealants, Leather and Textile, Paper, Mining Explosives, Others; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032

Global Hexamine Market Outlook

The global hexamine market attained a volume of 637.78 KMT in 2023. The market is estimated to grow at a CAGR of 3.4% during 2024-2032 to reach a volume of 870.86 KMT by 2032. 

 

Hexamine Market

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Growing Applications of the Product to Aid the Hexamine Market Growth

Hexamine has applications in a wide range of sectors. It is widely used as a curing agent for resins and plastics and also serves as a foaming agent and a promoter for rubber vulcanisation. Other applications of hexamine involve its use as a catalyst for aminoplasts and as an anti-shrinking agent for textiles, among others. Based on grade, hexamine is available in stabilized and unstabilized form, each of which has a different set of applications. While unstabilized form is preferred for coating and adhesive and sealant applications, the stabilized form is most widely utilised as a chemical intermediate in the process industry. The growth of the process industry and expanding applications of the product are aiding the growth of the market.

 

The Asia Pacific to Significantly Contribute to the Growth of the Hexamine Market

The Asia Pacific is expected to account for a significant share in the market over the forecast period. The growth can be attributed to the robust expansion of the major end use sectors, particularly rubber, chemical, and pharmaceutical industries. The growing demand of hexamine from emerging nations like India and China is significantly contributing to the market growth. Moreover, the growing construction activities in the region are driving the demand for adhesives and sealants, which will also propel the growth of the hexamine market. Other significant regions for the product include North America and Europe.

 

Hexamine Market by Application

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Hexamine: Market Segmentation

Hexamine, also known as hexamethylenetetramine (HMTA), is a heterocyclic organic compound. It is available in the form of a white crystalline powder and has a cage-like structure resembling adamantane.  It is highly soluble in water and is used as a building block in the synthesis of various compounds. It is obtained via the reaction between ammonia and formaldehyde.

By grade, the market is bifurcated into:

  • Stabilised
  • Unstabilised

Based on application, the market can be segmented into:

  • Polymer and Plastics  
  • Personal Care 
  • Pharmaceuticals 
  • Adhesives and Sealants 
  • Leather and Textile 
  • Paper 
  • Mining Explosives 
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Hexamine Market by Region

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Expanding Pharmaceutical Sector to Favour the Hexamine Market Growth

The thriving pharmaceutical industry is driving the demand for hexamine, which is commonly used in treating urinary tract infection. Within the pharmaceutical sector, the demand for topical creams and ointments is rising to cure skin infections, such as impetigo and infected wounds. Hexamine finds use in these creams to inhibit the growth of bacteria and prevent them from spreading. The other uses of hexamine in the pharmaceutical sector include its application as stabilisingand crosslinking agent to increase the shelf life of pharmaceutical products. It is added to formulations to stop the breakdown of active ingredients.

Over the forecast period, the growing investments by the key players in mergers and acquisitions and capacity expansion are expected to have a positive effect on the hexamine market expansion. However, the stringent government regulations regarding the use of hexamine, particularly in developed nations, may restrain the market growth in the coming years.

 

Key Players in the Global Hexamine Market

The report gives a detailed analysis of the following key players in the global hexamine market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Kanoria Chemicals & Industries Ltd
  • Ascend Performance Materials
  • Ruixing Group Co., Ltd.
  • Methanol Chemicals Company (Chemanol)
  • Simalin Chemical Industries Pvt Ltd 
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Grade
  • Application
  • Region
Breakup by Grade
  • Stabilised
  • Unstabilised
Breakup by Application
  • Polymer and Plastics
  • Personal Care
  • Pharmaceuticals
  • Adhesives and Sealants
  • Leather and Textile
  • Paper
  • Mining Explosives
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Kanoria Chemicals & Industries Ltd
  • Ascend Performance Materials
  • Ruixing Group Co., Ltd.
  • Methanol Chemicals Company (Chemanol)
  • Simalin Chemical Industries Pvt Ltd
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Hexamine Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Hexamine Historical Market (2018-2023) 
    8.3    Global Hexamine Market Forecast (2024-2032)
    8.4    Global Hexamine Market by Grade
        8.4.1    Stabilised
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Unstabilised
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
    8.5    Global Hexamine Market by Application
        8.5.1    Polymer and Plastics
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Personal Care
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Pharmaceuticals
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Adhesives and Sealants
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Leather and Textile
            8.5.5.1    Historical Trend (2018-2023)
            8.5.5.2    Forecast Trend (2024-2032)
        8.5.6    Paper
            8.5.6.1    Historical Trend (2018-2023)
            8.5.6.2    Forecast Trend (2024-2032)
        8.5.7    Mining Explosives
            8.5.7.1    Historical Trend (2018-2023)
            8.5.7.2    Forecast Trend (2024-2032)
        8.5.8    Others
    8.6    Global Hexamine Market by Region
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2023)
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2023)
            8.6.5.2    Forecast Trend (2024-2032)
9    North America Hexamine Market Analysis
    9.1    United States of America
        9.1.1    Historical Trend (2018-2023)
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023)
        9.2.2    Forecast Trend (2024-2032)
10    Europe Hexamine Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023)
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023)
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023)
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023)
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Hexamine Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023)
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023)
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023)
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023)
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023)
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Hexamine Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023)
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023)
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023)
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Hexamine Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023)
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023)
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023)
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023)
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Price Analysis

    16.1    North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    16.2    Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
    16.3    Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
    16.4    Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    16.5    Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
17    Competitive  Landscape
    17.1    Market Structure
    17.2    Company Profiles
        17.2.1    Kanoria Chemicals & Industries Ltd
            17.2.1.1    Company Overview
            17.2.1.2    Product Portfolio
            17.2.1.3    Demographic Reach and Achievements
            17.2.1.4    Certifications
        17.2.2    Ascend Performance Materials
            17.2.2.1    Company Overview
            17.2.2.2    Product Portfolio
            17.2.2.3    Demographic Reach and Achievements
            17.2.2.4    Certifications
        17.2.3    Ruixing Group Co., Ltd.
            17.2.3.1    Company Overview
            17.2.3.2    Product Portfolio
            17.2.3.3    Demographic Reach and Achievements
            17.2.3.4    Certifications
        17.2.4    Methanol Chemicals Company (Chemanol)
            17.2.4.1    Company Overview
            17.2.4.2    Product Portfolio
            17.2.4.3    Demographic Reach and Achievements
            17.2.4.4    Certifications
        17.2.5    Simalin Chemical Industries Pvt Ltd
            17.2.5.1    Company Overview
            17.2.5.2    Product Portfolio
            17.2.5.3    Demographic Reach and Achievements
            17.2.5.4    Certifications
        17.2.6    Others
18    Key Trends and Developments in the Market

 


List of Key Figures and Tables

1.    Global Hexamine Market: Key Industry Highlights, 2018 and 2032
2.    Global Hexamine Historical Market: Breakup by Grade (USD Million), 2018-2023
3.    Global Hexamine Market Forecast: Breakup by Grade (USD Million), 2024-2032
4.    Global Hexamine Historical Market: Breakup by Application (USD Million), 2018-2023
5.    Global Hexamine Market Forecast: Breakup by Application (USD Million), 2024-2032
6.    Global Hexamine Historical Market: Breakup by Region (USD Million), 2018-2023
7.    Global Hexamine Market Forecast: Breakup by Region (USD Million), 2024-2032
8.    North America Hexamine Historical Market: Breakup by Country (USD Million), 2018-2023
9.    North America Hexamine Market Forecast: Breakup by Country (USD Million), 2024-2032
10.    Europe Hexamine Historical Market: Breakup by Country (USD Million), 2018-2023
11.    Europe Hexamine Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Asia Pacific Hexamine Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Asia Pacific Hexamine Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Latin America Hexamine Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Latin America Hexamine Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Middle East and Africa Hexamine Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Middle East and Africa Hexamine Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    North America Historical Price Trends and Forecast 2018-2032
19.    Europe Historical Price Trends and Forecast 2018-2032
20.    Asia Pacific Historical Price Trends and Forecast 2018-2032
21.    Latin America Historical Price Trends and Forecast 2018-2032
22.    Middle East and Africa Historical Price Trends and Forecast 2018-2032
23.    Global Hexamine Market Structure

Key Questions Answered in the Report

The global hexamine market is projected to grow at a CAGR of 3.4% between 2023 and 2032.

The major market drivers include the thriving pharmaceutical sector, the rising demand for rubber vulcanisation, growing construction activities, increasing demand for personal care products, the expanding chemical sector, and growing technological advancements.

The increasing use of hexamine in the production of various organic compounds, the rising utilisation of plastics and polymers, the growing investments by key players in capacity expansion and mergers and acquisition activities are the key trends guiding the market development.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The leading grades of hexamine in the market are stabilised and unstabilised.

The major applications of hexamine include polymer and plastics, personal care, pharmaceuticals, adhesives and sealants, leather and textile, paper, and mining explosives, among others.

The major players in the market are Kanoria Chemicals & Industries Ltd, Ascend Performance Materials, Ruixing Group Co., Ltd., Methanol Chemicals Company (Chemanol), Simalin Chemical Industries Pvt Ltd, among others.

Analyst Review

Global Hexamine Market Report and Forecast 2024-2032’, the global hexamine market attained a volume of 637.78 KMT in 2023. Aided by the growing demand for the product from various end-use sectors, the market is projected to further grow at a CAGR of 3.4% between 2024 and 2032 to reach a volume of 870.86 KMT by 2032.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the market. Based on grade, the market is divided into stabilised and unstabilised. By application, the market is segmented into polymer and plastics, personal care, pharmaceuticals, adhesives and sealants, leather and textile, paper, and mining explosives, among others. The major regional markets for hexamine are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Kanoria Chemicals & Industries Ltd, Ascend Performance Materials, Ruixing Group Co., Ltd., Methanol Chemicals Company (Chemanol), Simalin Chemical Industries Pvt Ltd, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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