Hexamine Market Report by Grade (Stabilized Grade, Unstabilized Grade), Function (Antioxidants, Modifiers, Inhibitors, Chemical Intermediates, and Others), Application (Resin, Paints and Coatings, Rubber, Pharmaceuticals, Explosive, and Others), and Region 2024-2032

Hexamine Market Report by Grade (Stabilized Grade, Unstabilized Grade), Function (Antioxidants, Modifiers, Inhibitors, Chemical Intermediates, and Others), Application (Resin, Paints and Coatings, Rubber, Pharmaceuticals, Explosive, and Others), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A4497
Buy Now

Market Overview:

The global hexamine market size reached US$ 444.5 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 629.3 Million by 2032, exhibiting a growth rate (CAGR) of 3.94% during 2024-2032.

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 444.5 Million
Market Forecast in 2032
US$ 629.3 Million
Market Growth Rate 2024-2032 3.94%


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

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 report, along with forecasts at the global, regional and country level from 2024-2032. 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 2023
Historical Period 2018-2023
Forecast Period 2024-2032
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$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
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)

Key Questions Answered in This Report

We expect the global hexamine market to exhibit a CAGR of 3.94% during 2024-2032.

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.

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Hexamine Market Report by Grade (Stabilized Grade, Unstabilized Grade), Function (Antioxidants, Modifiers, Inhibitors, Chemical Intermediates, and Others), Application (Resin, Paints and Coatings, Rubber, Pharmaceuticals, Explosive, and Others), and Region 2024-2032
Purchase options




Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-714-6104

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARATI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More
DEinternational Egypt

IMARC did an outstanding job in preparing our study. They were punctual and precise, delivering all the data we required in a clear and well-organized format. Their attention to detail and ability to meet deadlines was impressive, making them a reliable partner for our project.

Read More