Hexamethylenetetramine, also known as hexamine or methenamine, is a white crystalline powder that is soluble in water and commonly used as a hardener for phenolic resins and in the production of explosive materials. It is also used as a fuel in camping stoves and as a stabilizer in photographic film. The global hexamethylenetetramine market is expected to grow in the coming years, driven by increasing demand from end-use industries such as pharmaceuticals, food, and plastics. The growth in the construction industry and the increasing use of hexamine in the production of adhesives and coatings are also expected to drive the market growth.
Asia-Pacific is the largest consumer of hexamethylenetetramine, accounting for a significant share of the global market. The region is expected to continue to dominate the market due to the growth in end-use industries and the increasing demand for hexamine in emerging economies such as China and India.
The key players operating in the global hexamethylenetetramine market include Simalin Chemical Industries Private Limited, Hexion Inc., INEOS Group Holdings S.A., Mitsui Chemicals, Inc., Alfa Aesar, and Shchekinoazot JSC, among others. These companies are focusing on expanding their production capacities and investing in research and development activities to develop new and innovative products.
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Key findings of the Hexamethylenetetramine market study:
- Regional breakdown of the Hexamethylenetetramine market based on predefined taxonomy.
- Innovative manufacturing processes implemented by Hexamethylenetetramine vendors in detail.
- Region-wise and country-wise fragmentation of the Hexamethylenetetramine market to grasp the revenue, and growth outlook in these areas.
- Changing preferences among consumers across various regions and countries.
- Factors (Positive and Negative) impacting the growth of the global Hexamethylenetetramine market.
- Hexamethylenetetramine price, market share, and Trends forecast for assessment period 2018-2028
Competitive landscape analysis
The market survey conducted by fact.mr offers key developments and challenges affecting the pharmaceutical industry, subsequently influencing demand and sales in the Hexamethylenetetramine market. To study competitive trends across the industry, the report profiles some of the leading players operating in the Hexamethylenetetramine market including
- ABIYA S.A. DE C.V.
- INEOS AG
- Eli Lilly and Company
- Hummel Croton Inc
- Alfa Aesar
- Caldic B.V.
- Hexion Holdings LLC
- Merck Millipore (Merck KGaA).
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Report benefits & key questions answered
- Hexamethylenetetramine historical market outlook: the market intelligence survey report discloses the demand and sales projections of Hexamethylenetetramine over the last forecast period 2016 to 2020.
- Post impact of covid on the Hexamethylenetetramine market: the pharmaceutical industry has been largely influenced by covid-19 pandemic. The fact.mr market survey assesses how current trends that will influence expenditure on Hexamethylenetetramine, thus affecting the market growth.
- Hexamethylenetetramine market trend analysis: the report provides in-depth overview of the past, recent, and upcoming trends in the Hexamethylenetetramine market to assist the businesses to formulate their strategies for expansion.
- Hexamethylenetetramine category & segment level analysis: fact.mr’s category & segment level analysis provides insights into Hexamethylenetetramine sales outlook on lucrative and nascent product types. The report assists the market players to identify potential remunerative segments and set sales targets at local, country, and regional level.
- Hexamethylenetetramine company & brand share analysis: the report discloses the competitiveness of the Hexamethylenetetramine market and highlights the market share captured by tier 1, tier 2, and tier 3 players operating in the landscape.
Hexamethylenetetramine Market: Market Segmentation
On the basis of form, the global hexamethylenetetramine market has been segmented as:
- Powder
- Tablets
- Granules
- Crystalline
- Liquid
On the basis of type, the global hexamethylenetetramine market has been segmented as:
- Stabilized Grade
- Unstabilised Grade
On the basis of application, the global hexamethylenetetramine market has been segmented as:
- Food and Beverage
- Explosives
- Pharmaceuticals
- Resin
- Rubber
- Others
Original Source of the original story >> Hexamethylenetetramine Market Set to Witness an Uptick