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Report Overview
The global hexamine market attained a value of 637.78 KMT in 2024. The market is further expected to grow in the forecast period of 2025-2034 at a CAGR of 3.40%, to reach 891.00 KMT by 2034.
2024
Base Year
2018-2024
Historical Year
2025-2034
Forecast Year
Compound Annual Growth Rate
Value in KMT
3.4%
2025-2034
Hexamine Market Outlook
*this image is indicative*
| Global Hexamine Market Report Summary | Description | Value |
| Base Year | KMT | 2024 |
| Historical Period | KMT | 2018-2024 |
| Forecast Period | KMT | 2025-2034 |
| Market Size 2024 | KMT | 637.78 |
| Market Size 2034 | KMT | 891.00 |
| CAGR 2018-2024 | Percentage | XX% |
| CAGR 2025-2034 | Percentage | 3.40% |
| CAGR 2025-2034 - Market by Region | Asia Pacific | 3.8% |
| CAGR 2025-2034 - Market by Country | India | 4.4% |
| CAGR 2025-2034 - Market by Country | Australia | 4.0% |
| CAGR 2025-2034 - Market by Grade | Unstabilized | 3.6% |
| CAGR 2025-2034 - Market by End Use | Pharmaceuticals | 4.0% |
| Market Share by Country 2024 | USA | 11.6% |
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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.
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If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Purchase the Regional Overview for
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If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Purchase the Regional Overview for
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If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
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.
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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
Market breakup by region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
| CAGR 2025-2034 - Market by | Grade |
| Unstabilized | 3.6% |
| Stabilized | XX% |
| CAGR 2025-2034 - Market by | End Use |
| Pharmaceuticals | 4.0% |
| Personal Care | 3.8% |
| Polymer and Plastics | 3.7% |
| Adhesives and Sealants | XX% |
| Leather and Textile | XX% |
| Others | XX% |
| CAGR 2025-2034 - Market by | Region |
| Asia Pacific | 3.8% |
| North America | 3.2% |
| Europe | XX% |
| Latin America | XX% |
| Middle East and Africa | XX% |
| CAGR 2025-2034 - Market by | Country |
| India | 4.4% |
| Australia | 4.0% |
| China | 3.9% |
| Mexico | 3.6% |
| Germany | 3.4% |
| USA | XX% |
| Canada | XX% |
| UK | 3.2% |
| France | XX% |
| Italy | XX% |
| Japan | XX% |
| Saudi Arabia | XX% |
| Brazil | XX% |
| 2023 Market Share by | Country |
| USA | 11.6% |
| Canada | XX% |
| UK | XX% |
| Germany | XX% |
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.
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Hexamine Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The global hexamine market is projected to grow at a CAGR of 3.40% between 2025 and 2034.
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.
In 2024, the hexamine market reached an approximate value of 637.78 KMT.
The market is estimated to witness healthy growth in the forecast period of 2025-2034 to reach a value of around 891.00 KMT by 2034.
Report Summary
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
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| Base Year | 2024 |
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