Globl Hexamine for Industrial Uses Market Size Is Estimated to Hit 210 Million US$ Growing at a CAGR of 3.5% Between 2019 and 2025: QY Research

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Los Angeles, CA -- (SBWire) -- 04/20/2019 --Hexamine is a white color crystal shape powders, odorless with slightly sweet taste. It has anaphylactic irritation to the skin; specific gravity: 1.331(20?); flash point: 250?; stored in the air, it is stable, but easy to absorb moisture and lump. Hexamine is flammable with colorless flame. Its melting point is 263?. When heated to 100? at normal pressure, minor part of it will be sublimated and decomposed into methylamine.

Hexamine is a white color crystal shape powders, odorless with slightly sweet taste. The main type is Stabilized Grade and Unstabilized Grade, and the Unstabilized Grade are produced by almost manufacturers in the world, so the share of the Unstabilized Grade is bigger than the Stabilized Grade. In 2016, the production of the Unstabilized Grade is 113107 MT and took 57.40% of the global production. It can be used into many applications such as synthetic resin industry, rubber industry, textile industry and other industry. Hexamine is mostly used in the synthetic resin industry, in 2016 there are 123079 MT used in the synthetic resin industry.

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China is the leading production regions of Hexamine for one hand the raw material formaldehyde is mainly produce in China, for another hand there are many companies in China compared to other regions to produce it. According to our research, there are still some companies in China to begin to build the plants. So the production of China will still increase and China will still lead the market.

The main manufacturers include Metafrax, Shchekinoazot JSC, INEOS, Caldic, Hexion, MGC, KCI, Simalin, Sina Chemical and so on. The market concentration is not high but the operation rate is not high, especially in China. About the low operation in China, the main reason is that some companies compete with each other and the market is shared, no company can take the leading position.

The global Hexamine for Industrial Uses market was 160 million US$ in 2018 and is expected to 210 million US$ by the end of 2025, growing at a CAGR of 3.5% between 2019 and 2025.

This report studies the Hexamine for Industrial Uses market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Hexamine for Industrial Uses in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Hexion

Metafrax

INEOS

Shchekinoazot JSC

CHEMANOL

Caldic

MGC

KCIL

Simalin

Sina Chemical

Feno Resinas

COPENOR

Runhua Chemical

Yuhang Chemical

Xiangrui Chemical

Yangmei Fengxi

Ruixing Group

Shengxuelong Chemical

Xudong Chemical

Linze Chemical

GAMERON

By the product type, the market is primarily split into

Stabilized Grade

Unstabilized Grade

Other

By the end users/application, this report covers the following segments

Synthetic Resin Industry

Rubber Industry

Textile Industry

Other

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