Prismane

Global Hexamethylene Diamine (HMDA) Market Demand & Forecast Analysis, 2016-2032

Introduction

Hexamethylene Diamine (HMDA) is a colorless organic compound with a potent amine odor. It is synthesized through the hydrogenation of adiponitrile, where molten adiponitrile reacts with ammonia in the presence of a catalyst, resulting in the formation of HMDA. HMDA is widely utilized in the production of polymers such as Polyamide 6 and Polyamide 6,6, which find applications in diverse industries such as automotive, construction, textiles, oil & gas, and others. 
Global HMDA Demand Supply Analysis, 2016-2032 (Kilo Tons)
Global HMDA Demand Supply Analysis, 2016-2032 (Kilo Tons)

HMDA Market Overview

The global HMDA capacity were estimated to be over 1,800 kilo tons in 2021 and is projected to experience significant growth in the forecast period, primarily driven by the increased demand for HMDA in applications like Polyamide 66 Resins and Polyamide 66 Fibers. Over 90% of the global HMDA production is consumed as a raw material for polyamide production, while the remaining percentage is used in the manufacturing of polyurethane paints, coatings, adhesives, and other products. The automotive, oil & gas, textile, construction, and electrical & electronics sectors serve as the major end-users of HMDA, collectively accounting for over 90% of the demand. The automotive segment holds the largest market share, driven by the increasing demand for automotive parts such as housings, wheel wells, connectors, and lighting components.

The United States, Western Europe, and China constitute the major HMDA markets worldwide, accounting for over 75% of the global market share. Asia Pacific region on the back of China and Japan, is the leading producer and consumer of HMDA, together representing nearly 50% of the global HMDA demand due to the rapid growth of the automotive and textile industries in the area. Factors such as low labor costs, increased purchasing power, and the availability of raw materials in developing countries like India, Taiwan, and China are propelling the HMDA market in the region. Northeast Asia dominates the regional HMDA market, contributing to over 70% of the regional demand. This market has experienced robust growth in the past decade, with an average annual growth rate of 10%. The region is expected to continue witnessing strong growth in the forecast period. North America, fueled by the automobile and textile industries, stands as the second-largest region in terms of HMDA demand.
Global HMDA Demand Analysis, By Region - 2021 (Kilo Tons)
Global HMDA Demand Analysis, By Region - 2021 (Kilo Tons)

HMDA Manufacturers

INVISTA, Ascend Performance Materials, Butachimie, BASF SE, Radici Group, and Asahi Kasei are among the prominent manufacturers of HMDA in the market. INVISTA and Ascend Performance Materials, in particular, are major HMDA manufacturers in the United States, collectively contributing over 40% to the global HMDA capacity. The USA stands as the largest exporter of HMDA, with an average export volume exceeding 200 kilo tons during 2016 and 2021. The primary destinations for these exports include Canada, Japan, South Korea, the Netherlands, and China. China, for instance, imports an average of 20 kilo tons of HMDA from the United States annually, while Canada and Japan import over 55 kilo tons each year.
Global HMDA Demand Analysis, By Application - 2016-2032 (Kilo Tons)
Global HMDA Demand Analysis, By Application - 2016-2032 (Kilo Tons)

HMDA Market Dynamics

Driver : Increase in demand for Nylon 6,6 

Nylon 6,6 fibers application is one of the leading HMDA consumer, driven by the increasing demand for nylon 6,6 fibers in the automotive sector. Over 90% of HMDA is consumed in the production of nylon. Leading companies are concentrating on developing innovative and cost-effective bio-based technologies for HMDA production in response to the growing demand for bio-based nylon resins. The global HMDA consumption is expected to be further enhanced by the increased usage of nylon 66. Nylon 66 serves as a substitute for various metals in the automotive and textile industries. In the automotive sector, it finds applications in components such as airbags, oil pans, air intake manifolds, rocker covers, electro-insulating elements, and radiator tanks. Nylon is being adopted as a replacement for metal parts to reduce the weight of automobiles, which is projected to contribute to the long-term growth of the HMDA market.

Restraints: Hazardous nature of HMDA

HMDA is hazardous, and direct contact with the substance during its processing can cause respiratory problems, eye damage and skin burns. Additionally, the American Conference of Governmental Industrial Hygienists (ACGIH) and the European Chemicals Agency (ECHA) have listed it as a dangerous material. This restriction can hamper the global hexamethylenediamine market.

Recent Developments in HMDA market

In January 2022, Ascend Performance Materials announced to construct a new HMDA plant in Lianyungang, China. This plant will be the company’s first production facility outside the US and the largest investment globally. 
In early 2021, BASF announced to build a new HMDA plant in Chalampé, France, this plant will increase BASF’s HMDA capacity to 260 kilotons with installation slated to be completed by 2024. 
In March 2022, Asahi Kasei, and U.S based Genomatica have formed a strategic partnership to produce bio-based HMDA. Under the partnership, Asahi Kasei will use Genomatica’s GENO™ HMD process technology to commercially produce bio-based polyamide 66. Currently, Asahi Kasei use fossil-based HMDA for production of polyamide 66.
In 2019, Covestro and Genomatica established a long-term partnership focused on the research and development of high-performance materials utilizing renewable feedstocks. Their shared goal was to decrease reliance on fossil-based raw materials and mitigate the impact of fluctuating raw material prices. Covesto and Genomatica made an announcement in January 2022 stating their successful achievement of producing a substantial quantity of plant-based HMDA.

Scope of Report 

The HMDA report describes the global HMDA market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand Analysis
•  Demand Composition, By Applications 
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Demand Balance 
•  HMDA Market data in terms of volume and value for each end-use 
   at regional and country level
•  HMDA Market analysis for demand, at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment

1.  Introduction
      •  Scope
      •  Market Coverage
          -  Applications
          -  Regions
          -  Countries
      •  Years Considered
          -  Historical - 2016 – 2020
          -  Base - 2021
          -  Forecast Period - 2022 – 2032
      •  Research Methodology
          -  Approach
          -  Research Methodology
          -  Prismane Consulting Market Models
          -  Assumptions & Limitations
          -  Abbreviations & Definitions
          -  Conversion Factors
          -  Data Sources
2.  Market Synopsis 
      •  Market Evolution
      •  Demand Overview
      •  Industry Structure
      •  Strategic Issues
      •  End-use Trends
      •  Growth Forecast
3.  Economic & Energy Outlook
      •  GDP and Demographics
      •  Monetary & Fiscal Policies
      •  Crude Oil Production and prices
      •  Natural Gas
      •  Electricity Prices
4.  End-use Sector Performance      
      • Automotive
      • Oil & Gas
      • Textile
      • Construction
      • Electrical & Electronics
      • Others 
5.  Introduction to Hexamethylene Diamine and Market Overview 
      •  Product Description
      •  Grades & Properties
      •  Raw Material
      •  Manufacturing Process
      •  Environmental Issues
      •  Value Chain
      •  Applications
6.  Market Dynamics and Industry Trends 
      •  Market Dynamics and COVID-19 Impact
          -  Drivers
          -  Restraints
          -  Opportunities
          -  Challenges
7.  HMDA Production Capacity, Plants & Project Analysis
      •  HMDA Production Capacity, By Company
      •  HMDA Production Capacity, By Country
      •  HMDA Production Capacity, By Region
8.  Global Hexamethylene Diamine (HMDA) Demand-Supply Analysis, By Applications (Volume, Value) (2016–2032) 
      •  Strategic Issues and COVID-19 Impact
      •  Demand-Supply Analysis and Forecast (2016 – 2032)
          -  Capacity
          -  Capacity Utilization rate (%)
          -  Production
          -  Import
          -  Export
          -  Net Trade
          -  Demand
          -  Demand Growth Rate (%)
          -  Driving Force Analysis
      •  Global Hexamethylene DiamineMarket, By Applications
          - Polyamide 66 Resins
          - Polyamide 66 Fibers
          - Others
9.  HMDA Demand-Supply Analysis and Market Review, By Region, By Country (Volume, Value), (2016– 2032)
      •  Strategic Issues and COVID-19 Impact
      •  Demand-Supply Analysis and Forecast (2016-2032)
          -  Capacity
          -  Capacity Utilization rate (%)
          -  Production
          -  Import
          -  Export
          -  Net Trade
          -  Demand
          -  Demand Growth Rate (%)
          -  Hexamethylene Diamine Market, By Applications
Note: Demand-Supply Analysis has been provided for all major Regions / Countries as mentioned below. The demand(consumption) split by applications has been provided for each of the countries/regions in Volume (Kilotons) and Value (USD Million).
      •  North America
         -  USA
         -  Canada
         -  Mexico
      •  Western Europe
         -  Germany
         -  France
         -  Italy
         -  United Kingdom
         -  Spain
         -  Rest of Western Europe
      •  Central & Eastern Europe
         -  Russia
         -  Poland
         -  Rest of Central & Eastern Europe
      •  Asia-Pacific
         -  China
         -  Japan
         -  India
         -  South Korea
         -  ASEAN
         -  Rest of Asia-Pacific
      •  Central & South America
      •  Middle East & Africa
Note: CAGR will be calculated for all the applications to arrive at the regional/global demand growth for the forecast period (2022 – 2032)
10.  Pricing Analysis
11.  Key Strategic Issues and Business Opportunity Assessment 
      •  Market Attractiveness Assessment
      •  Prospective & Target Market Study
12.  Strategic Recommendation & Suggestions
13.  Company Analysis and Market Share Analysis
      •  Hexamethylene Diamine Manufacturers Profiles/ Company Analysis
         -  Basic Details
         -  Headquarter, Key Markets
         -  Ownership
         -  Company Financial
         -  Manufacturing Bases
         -  Global Turnover
         -  Total Employee
         -  Product Portfolio / Services / Solutions
         -  Recent Developments
         -  Companies Covered
             - INVISTA
             - Ascend Performance Materials
             - Butachimie
             - BASF SE
             - Radici Group
             - Asahi Kasei
             - Other Manufacturers
Note: This section includes company information, company financials, manufacturing bases, and operating regions. Company financials have been mentioned only for those companies where financials were available in SEC Filings, annual reports, or company websites. All the reported financials in this report are in U.S. Dollars. Financials reported in other currencies have been converted using average currency conversion rates. Company profiles may include manufacturers, suppliers, and distributors.
14.  Appendices
      •  Demand-Supply Regions
      •  Demand-Supply Countries
      •  HMDA Production Capacity, 2016-2032

Scope of Report 

The HMDA report describes the global HMDA market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand Analysis
•  Demand Composition, By Applications 
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Demand Balance 
•  HMDA Market data in terms of volume and value for each end-use 
   at regional and country level
•  HMDA Market analysis for demand, at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment