Global Hexamine Market Outlook and Forecast 2021-2026: Rising Demand for Agrochemicals Fuels Demand as Hexamine is Key Raw Material - ResearchAndMarkets.com

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DUBLIN, September 17, 2021--(BUSINESS WIRE)--The "Global Hexamine Market Report and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.

The global hexamine market attained a value of 369.8 USD million in 2020. Aided by the growing demand for the product from various end-use sectors, the market is projected to further grow at a CAGR of 6.5% between 2021 and 2026 to reach a value of 585.6 USD million by 2026.

The hexamine market is being driven by the rising application of the product in various end-use industries such as pharmaceutical, textile, agrochemical, and rubber industry, among others. In the pharmaceutical industry, the downstream product of hexamine, known as Hexamine Hippurate is used to suppress or eliminate urinary bacteria associated with chronic or recurrent infection. Hence, the rising cases of urinary infection especially among the geriatric population is likely to propel the demand for hexamine in the forecast period.

The market will be driven by the rising demand for agrochemicals such as herbicides, fungicides and insecticides, as hexamine is key raw material in their production. Hexamine is used in the production of phenolic resins which is likely to witness a significant demand in the adhesives and sealants sector, which will further augment the market growth.

In terms of region, the Asia Pacific occupies a significant share in the market and is likely to witness a considerable growth in the forecast period. The market in the region is driven by the rising demand for hexamine as a food preservative in the food and beverage industry. The market will further be aided by the rising demand for hexamine from the thriving construction sector in countries like China and India, owing to the rising population and increasing disposable income of the citizens.

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the key players in the industry.

Some of the major players in the market explored in the report are:

  • Kanoria Chemicals & Industries Ltd

  • Mitsubishi Gas Chemical Company, Inc.

  • Hexion Inc.

  • Methanol Chemicals Company (Chemanol)

  • Simalin Chemical Industries Pvt Ltd

Key Topics Covered:

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 Snapshot

6.1 Global

6.2 Regional

7 Industry Opportunities and Challenges

8 Global Hexamine Market Analysis

8.1 Key Industry Highlights

8.2 Global Hexamine Historical Market (2016-2020)

8.3 Global Hexamine Market Forecast (2021-2026)

8.4 Global Hexamine Market by Grade

8.5 Global Hexamine Market by Application

8.6 Global Hexamine Market by Region

9 Regional Analysis

9.1 North America

9.2 Europe

9.3 Asia Pacific

9.4 Latin America

9.5 Middle East and Africa

10 Market Dynamics

10.1 SWOT Analysis

10.2 Porter's Five Forces Analysis

10.3 EMR's Key Indicators for Demand

10.4 EMR's Key Indicators for Price

11 Value Chain Analysis

12 Price Analysis

12.1 North America Historical Price Trends (2016-2020) and Forecast (2021-2026)

12.2 Europe Historical Price Trends (2016-2020) and Forecast (2021-2026)

12.3 Asia Pacific Historical Price Trends (2016-2020) and Forecast (2021-2026)

12.4 Latin America Historical Price Trends (2016-2020) and Forecast (2021-2026)

12.5 Middle East and Africa Historical Price Trends (2016-2020) and Forecast (2021-2026)

13 Competitive Landscape

  • Kanoria Chemicals & Industries Ltd

  • Mitsubishi Gas Chemical Company, Inc.

  • Hexion Inc.

  • Methanol Chemicals Company (Chemanol)

  • Simalin Chemical Industries Pvt Ltd

14 Industry Events and Developments

For more information about this report visit https://www.researchandmarkets.com/r/7zm13k

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View source version on businesswire.com: https://www.businesswire.com/news/home/20210917005247/en/

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