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Hexamine Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global hexamine market is expected to exhibit a CAGR of 4.6% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Also known as hexamethylenetetramine (HMT), hexamine is an organic heterocyclic compound with a chemical formula of C6H12N4. It is an odorless white crystalline powder with a cage-like structure that is highly soluble in water and polar organic solvents. It is prepared by treating aqueous formaldehyde with ammonia and evaporating and crystallizing the solid product. It is widely utilized as a hardening compound in the formulation of phenolic resins and phenolic resin molding compounds. Besides this, it is also employed as a binder in the manufacturing of brake and clutch linings, abrasive products, non-woven textiles, and fireproof materials.

Hexamine Market Trends:

Hexamine is a clean and reproducible fire source, which is increasingly being adopted by fire-protection laboratories to test the flammability of rugs and carpets. This, in confluence with the rising need for safeguarding the environment, represents one of the key factors positively influencing the demand for hexamine across the globe. Apart from this, it assists in determining the identity of an unknown solute in a solution. As a result, it finds extensive application as a versatile reagent during several chemical reactions, such as Duff, Delepine, and Sommelet. Furthermore, there is an increase in the demand for agrochemicals, such as herbicides, fungicides and insecticides, which have hexamine as a major raw material. Furthermore, the rising adoption of the hexamine compound in the production of lightweight and portable fuel tablets used by campers, hobbyists, and the relief and military organizations to heat camp food or military rations is contributing to the market growth. Additionally, the growing utilization of hexamine in treating chronic urinary tract infections on account of its antiseptic properties is anticipated to create a favorable market outlook.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global hexamine market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on grade, function and application.

Breakup by Grade:

  • Stabilized Grade
  • Unstabilized Grade
     

Breakup by Function:

  • Antioxidants
  • Modifiers
  • Inhibitors
  • Chemical Intermediates
  • Others
     

Breakup by Application:

  • Resin
  • Paints and Coatings
  • Rubber
  • Pharmaceuticals
  • Explosive
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Ascend Performance Materials LLC, Chemanol (Methanol Chemicals Company), Hexion Inc., INEOS Group Limited, Kanoria Chemicals & Industries Ltd., Kothari Phytochemicals & Industries Ltd., Lanxess AG, Mitsubishi Gas Chemical Company Inc, Newton Engineering & Chemicals Ltd., PJSC Metafrax Chemicals, Shandong Dongping Tongda Import and Export Co. Ltd., Simalin Chemical Industries Pvt Ltd and Sina Chemical Industries Company.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Million
Segment Coverage Grade, Function, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Ascend Performance Materials LLC, Chemanol (Methanol Chemicals Company), Hexion Inc., INEOS Group Limited, Kanoria Chemicals & Industries Ltd., Kothari Phytochemicals & Industries Ltd., Lanxess AG, Mitsubishi Gas Chemical Company Inc, Newton Engineering & Chemicals Ltd., PJSC Metafrax Chemicals, Shandong Dongping Tongda Import and Export Co. Ltd., Simalin Chemical Industries Pvt Ltd and Sina Chemical Industries Company
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1   Preface
2   Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1    Overview
    4.2    Key Industry Trends
5   Global Hexamine Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by Grade
    6.1    Stabilized Grade
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Unstabilized Grade
        6.2.1 Market Trends
        6.2.2 Market Forecast
7   Market Breakup by Function
    7.1    Antioxidants
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Modifiers
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Inhibitors
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Chemical Intermediates
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Others
        7.5.1 Market Trends
        7.5.2 Market Forecast
8   Market Breakup by Application
    8.1    Resin
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Paints and Coatings
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Rubber
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Pharmaceuticals
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Explosive
        8.5.1 Market Trends
        8.5.2 Market Forecast
    8.6    Others
        8.6.1 Market Trends
        8.6.2 Market Forecast
9   Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10  SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11  Value Chain Analysis
12  Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13  Price Analysis
14  Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Ascend Performance Materials LLC
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
        14.3.2    Chemanol (Methanol Chemicals Company)
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
           14.3.2.3 Financials
        14.3.3    Hexion Inc.
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
        14.3.4    INEOS Group Limited
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
        14.3.5    Kanoria Chemicals & Industries Ltd.
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
           14.3.5.3 Financials
           14.3.5.4 SWOT Analysis
        14.3.6    Kothari Phytochemicals & Industries Ltd.
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
        14.3.7    Lanxess AG
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
           14.3.7.3 Financials
           14.3.7.4 SWOT Analysis
        14.3.8    Mitsubishi Gas Chemical Company Inc
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
           14.3.8.3 Financials
           14.3.8.4 SWOT Analysis
        14.3.9    Newton Engineering & Chemicals Ltd.
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
        14.3.10    PJSC Metafrax Chemicals
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
        14.3.11    Shandong Dongping Tongda Import and Export Co. Ltd.
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
        14.3.12    Simalin Chemical Industries Pvt Ltd
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio
        14.3.13    Sina Chemical Industries Company
           14.3.13.1 Company Overview
           14.3.13.2 Product Portfolio

List of Figures

Figure 1: Global: Hexamine Market: Major Drivers and Challenges
Figure 2: Global: Hexamine Market: Sales Value (in Million US$), 2016-2021
Figure 3: Global: Hexamine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: Global: Hexamine Market: Breakup by Grade (in %), 2021
Figure 5: Global: Hexamine Market: Breakup by Function (in %), 2021
Figure 6: Global: Hexamine Market: Breakup by Application (in %), 2021
Figure 7: Global: Hexamine Market: Breakup by Region (in %), 2021
Figure 8: Global: Hexamine (Stabilized Grade) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Hexamine (Stabilized Grade) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Hexamine (Unstabilized Grade) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Hexamine (Unstabilized Grade) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Hexamine (Antioxidants) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Hexamine (Antioxidants) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Hexamine (Modifiers) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Hexamine (Modifiers) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Hexamine (Inhibitors) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Hexamine (Inhibitors) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Hexamine (Chemical Intermediates) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Hexamine (Chemical Intermediates) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Hexamine (Other Functions) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Hexamine (Other Functions) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Hexamine (Resin) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Hexamine (Resin) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Hexamine (Paints and Coatings) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Hexamine (Paints and Coatings) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Hexamine (Rubber) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Hexamine (Rubber) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Hexamine (Pharmaceuticals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Hexamine (Pharmaceuticals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Hexamine (Explosive) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Hexamine (Explosive) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Hexamine (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Hexamine (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: North America: Hexamine Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: North America: Hexamine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: United States: Hexamine Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: United States: Hexamine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Canada: Hexamine Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Canada: Hexamine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Asia-Pacific: Hexamine Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Asia-Pacific: Hexamine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: China: Hexamine Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: China: Hexamine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Japan: Hexamine Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Japan: Hexamine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: India: Hexamine Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: India: Hexamine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: South Korea: Hexamine Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: South Korea: Hexamine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Australia: Hexamine Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Australia: Hexamine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Indonesia: Hexamine Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Indonesia: Hexamine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Others: Hexamine Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Others: Hexamine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Europe: Hexamine Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Europe: Hexamine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Germany: Hexamine Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Germany: Hexamine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: France: Hexamine Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: France: Hexamine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: United Kingdom: Hexamine Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: United Kingdom: Hexamine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Italy: Hexamine Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Italy: Hexamine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Spain: Hexamine Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Spain: Hexamine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Russia: Hexamine Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Russia: Hexamine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Others: Hexamine Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Others: Hexamine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Latin America: Hexamine Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Latin America: Hexamine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Brazil: Hexamine Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Brazil: Hexamine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Mexico: Hexamine Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Mexico: Hexamine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Others: Hexamine Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Others: Hexamine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Middle East and Africa: Hexamine Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Middle East and Africa: Hexamine Market: Breakup by Country (in %), 2021
Figure 82: Middle East and Africa: Hexamine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: Global: Hexamine Industry: SWOT Analysis
Figure 84: Global: Hexamine Industry: Value Chain Analysis
Figure 85: Global: Hexamine Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Hexamine Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Hexamine Market Forecast: Breakup by Grade (in Million US$), 2022-2027
Table 3: Global: Hexamine Market Forecast: Breakup by Function (in Million US$), 2022-2027
Table 4: Global: Hexamine Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Hexamine Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Hexamine Market: Competitive Structure
Table 7: Global: Hexamine Market: Key Players


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Key Questions Answered in This Report

We expect the global hexamine market to exhibit a CAGR of 4.6% during 2022-2027.

The extensive applications of hexamine as a binder in manufacturing brake and clutch linings, non-woven textiles, fireproof materials, etc., are primarily driving the global hexamine market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary halt in numerous production activities for hexamine.

Based on the grade, the global hexamine market has been categorized into stabilized grade and unstabilized grade. Currently, unstabilized grade holds the largest market share.

Based on the application, the global hexamine market can be bifurcated into resin, paints and coatings, rubber, pharmaceuticals, explosive, and others. Among these, resin exhibits a clear dominance in the market.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.

Some of the major players in the global hexamine market include Ascend Performance Materials LLC, Chemanol (Methanol Chemicals Company), Hexion Inc., INEOS Group Limited, Kanoria Chemicals & Industries Ltd., Kothari Phytochemicals & Industries Ltd., Lanxess AG, Mitsubishi Gas Chemical Company Inc, Newton Engineering & Chemicals Ltd., PJSC Metafrax Chemicals, Shandong Dongping Tongda Import and Export Co. Ltd., Simalin Chemical Industries Pvt Ltd, and Sina Chemical Industries Company.

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