Sunday, April 28, 2024

Email id: support@kenresearch.com, Contact Us : +91-9871552944

Home Business Rise in Demand for Hexamine as an Antioxidant and Modifier Expected to...

Rise in Demand for Hexamine as an Antioxidant and Modifier Expected to Drive Global Hexamine for Industrial Use Market: Ken Research

Hexamine is also identified as hexamethylenetetramine. It is a specific type of hetero-cyclic organic crystalline compound, generally available in the white crystalline powder form, which is soluble in water & organic compounds. Industrial hexamine is formed by reaction between ammonia and formaldehyde. It is usually used into numerous applications including rubber industry, synthetic-resin industry, textile industry and other industries. It is largely used as a hardening-compound in the phenolic-resins and phenolic-resin molding-compounds formulation. Besides this, it is also used as a binder in the manufacturing of brake & clutch linings, non-woven textiles, abrasive products and fireproof materials.

In general, hexamine is available in two forms, stabilized form and un-stabilized form. Each form has different uses, for example the unstabilized hexamine is generally used in coating, adhesive and sealant applications, while the stabilized hexamine form is used as a chemical intermediate in the process industry.

Referring to the study, Global Hexamine for Industrial Uses Industry Research Report 2021 Segmented by Major Market Players, Types, Applications and Countries Forecast to 2027. Some of the key companies operating in the global hexamine for industrial use market include Caldic, KCIL, MGC, COPENOR, INEOS, Hexion, Simalin, Metafrax, Sina Chemical, Shchekinoazot JSC, Shengxuelong Chemical, Xudong Chemical, GAMERON, Ruixing Group, Feno Resinas, Yangmei Fengxi, Runhua Chemical, CHEMANOL, Xiangrui Chemical, Linze Chemical, Yuhang Chemical and among others.

Based on types, hexamine for industrial use market can be segregated as stabilized grade and unstabilized grade. Unstabilized grade hexamine is generally produced by manufacturers in all over the world, so the percentage of unstabilized grade is higher than that of stabilized grade. In addition, based on application, market can be segregated as rubber industry, synthetic resin industry and textile industry.

Request For Sample Report-https://kenresearch.com/sample-report.php?Frmdetails=NDQ0NTY5

Rapid growth of textile, pharmaceutical and rubber industries, followed by rise in demand for agrochemicals such as fungicides, herbicides, and insecticides, surge in demand for adhesives & sealants from the construction industry, increase in disposable income and rise in demand for hexamine as an antioxidant & modifier in several industries are some major factors, which are responsible for growth of the hexamine for industrial use market. However, a stringent government regulation in the developed regions regarding the use of hexamine is a key restraining factor for market.

Based on regional analysis, the Asia-Pacific is a leading region in global hexamine for industrial use market owing to growth in population, rise in demand for hexamine as a food preservative in the food & beverage industry coupled with increase in interest of investors and shifting of manufacturing sector from the developed to developing countries such as China, India, and Singapore across the region. The North-America and Europe regions are estimated to witness higher growth rate due to growth in consumption of hexamine for synthesis of several chemicals & polymer compounds over the forecast period. It is projected that future of the global hexamine for industrial use market will be optimistic on account of growth of polymer & plastics and textile industries during the forecast period.

For More Information, refer to below link:-

Global Hexamine for Industrial Use Market Research Report

 Related Reports

2021-2027 Global and Regional Metallic Oil Paint Industry Status and Prospects Professional Market Research Report Standard Version

2021-2027 Global and Regional LDPE Extrusion Coating Industry Status and Prospects Professional Market Research Report Standard Version

Follow Us

LinkedIn | Instagram | Facebook | Twitter | YouTube

Contact Us:-

Ken Research                                                                                           

Ankur Gupta, Head Marketing & Communications

support@kenresearch.com

+91-9015378249

 

RELATED ARTICLES

A Comprehensive Analysis of the Gold Mining Sector, Market Players

Introduction The Gold Mining Industry stands as a beacon of wealth and opportunity, drawing investors and stakeholders from around the globe. In this in-depth exploration,...

Emerging Opportunities and Market Expansion in the Global Shipbuilding Market

The global shipbuilding industry is expected to reach a value of $279.58 billion by 2028, growing at a rate of 6.1%. The market is...

Top Players in the Construction Market and their Market Strategy Analysis

The global construction market size reached approximately USD 13.57 trillion in 2023. Projected to grow at a compound annual growth rate (CAGR) of 6.5%...

Most Popular

The Insights and Trends of the Global Mortgage Market

The mortgage market is pivotal in the global economy, facilitating homeownership and economic growth. As a fundamental component of the real estate industry, the...

Retail Vending Machine Market Size & Trends Report, 2030

The retail vending machine market is no longer just about sugary snacks and greasy chips. It's evolving into a convenient and versatile solution, offering...

The Global Tractor Market Emerging Trends and Opportunities

The Global Tractor Market is a crucial component of the agricultural and industrial equipment industry, playing a vital role in driving productivity and efficiency...

The Booming Toiletries Cleansing Market Growth Analysis

The global toiletries cleansing market is experiencing a growth spurt, fueled by a confluence of social, economic, and cultural trends. This blog dives deep...