Market Forecast By Raw Material (Cyclohexane, Adipic Acid), By Application (Polyurethane, Coatings, Acrylates, Adhesives, Polyester Resins, Plasticizers, Others) And Competitive Landscape
Product Code: ETC310475 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Report Name | Australia 1,6-Hexanediol Market |
Forecast Period | 2025-2031 |
CAGR | 6.7% |
Growing Sector | Chemical industry |
Australia 1,6-Hexanediol Market report thoroughly covers the market by raw material and application. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Australia 1,6-Hexanediol Market is likely to grow in the forthcoming year as Australian manufacturers, suppliers, and investors are eagerly looking to seize the opportunities and overcome the challenges associated with this burgeoning market. The chemical industry in Australia is growing rapidly, with numerous opportunities for investors in various sectors. One such sector that has gained significant attention in the recent past is the 1,6-hexanediol market. This compound is used in several industrial applications, including coatings, adhesives, and personal care products.
According to 6Wresearch, the Australia 1,6-Hexanediol Market size is projected to grow at a CAGR of 6.7% during the forecast period of 2025-2031. In the Australia 1,6-hexanediol market, the main driver of growth is the increasing demand from industries such as coatings, adhesives, and textiles. For instance, 1,6-hexanediol is a key raw material for producing polyurethane coatings and adhesives, which are used in various applications such as automobiles and construction. Furthermore, the thriving textile industry in Australia relies on 1,6-hexanediol for producing high-performance fabrics, as it offers excellent moisture management, resilience, and elasticity. The growth of these end-use industries is expected to continue, thereby driving the demand for 1,6-hexanediol. Numerous factors have contributed to the growth of the 1,6-hexanediol Market in Australia. One of the crucial drivers is the increasing demand for personal care and cosmetic products in the country.
Hexanediol is a vital ingredient used in skincare and haircare products. Additionally, the thriving construction industry and the growing need for eco-friendly coatings are causing a surge in demand for 1,6-hexanediol. Despite the optimistic growth prospects, the Australia 1,6-hexanediol market faces several challenges that hinder its full potential. One of the main challenges is the steep competition from manufacturers in other regions such as Asia and Europe, who have a cost advantage due to lower labor and operational costs. Additionally, the fluctuating raw material prices of 1,6-hexanediol have a significant impact on the profitability of the industry. Any substantial price increases or shortages can disrupt the supply chain and lead to higher prices for the end-users. One of the primary concerns is the rising environmental concerns regarding the use of hazardous chemicals in the manufacturing process. Additionally, the lack of local manufacturers and the high cost of raw materials are hampering Australia 1,6-Hexanediol Market Growth.
The Australian government has launched several initiatives to support the growth of the chemical industry in the country. The Clean Energy Finance Corporation (CEFC) has been actively supporting the development of renewable chemicals such as 1,6-hexanediol in Australia. Additionally, the government has launched numerous funding programs to encourage local manufacturers to invest in the chemical industry One such initiative is the Department of Industry, Innovation, and Science, which provides funding and resources to companies involved in research and innovation. The government also has policies that promote environmental sustainability, which could benefit the 1,6-Hexanediol market in Australia.
The Australia 1,6-Hexanediol Industry is highly competitive, with numerous renowned players such as BASF, Lanxess, and Perstorp. These companies are involved in various activities such as acquisitions, partnerships, and investments to gain a competitive edge in the market. Additionally, several local manufacturers are emerging in the market, such as Chemwerth and Yuneng Chemical.
The future insights for the 1,6-hexanediol market in Australia are promising, with numerous growth opportunities in various sectors. The increasing demand for eco-friendly coatings, personal care products, and construction chemicals is expected to boost market growth in the years to come. Additionally, the growing investments in research and development activities and the expansion of local manufacturing capabilities are driving the market growth further. While there are challenges, the increasing demand for high-performance coatings, adhesives, and resins will continue to drive the market. The government's commitment to promoting the chemical industry in the country will also support the growth of the market. Companies specializing in 1,6-Hexanediol production will need to pay attention to sustainability and environmental regulations if they want to remain competitive in the future.
One of the main segments of the Australian 1,6-hexanediol market is based on the raw material used to manufacture the product. Cyclohexane and adipic acid are the two main raw materials used in the production of 1,6-hexanediol. Cyclohexane, being the most common raw material used, has been driving the market growth. Moreover, its increasing use in various applications like plasticizers, coatings, and polyurethane is expected to boost the demand for cyclohexane-driven 1,6-hexanediol.
According to Ravi Bhandari, Research Head, 6Wresearch, Polyurethane is the largest application segment, accounting for a major market share. This is due to its use in the production of several essential products such as foam insulation, furniture upholstery, and automotive interiors, among others.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia 1,6-Hexanediol Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia 1,6-Hexanediol Market Revenues & Volume, 2021 & 2031F |
3.3 Australia 1,6-Hexanediol Market - Industry Life Cycle |
3.4 Australia 1,6-Hexanediol Market - Porter's Five Forces |
3.5 Australia 1,6-Hexanediol Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.6 Australia 1,6-Hexanediol Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Australia 1,6-Hexanediol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for 1,6-hexanediol in various industries such as pharmaceuticals, personal care, and coatings. |
4.2.2 Increasing focus on sustainable and eco-friendly products leading to the adoption of bio-based 1,6-hexanediol. |
4.2.3 Rising investments in research and development for the development of innovative applications using 1,6-hexanediol. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of 1,6-hexanediol impacting the overall cost. |
4.3.2 Stringent regulations related to the production and usage of 1,6-hexanediol affecting market entry and expansion. |
4.3.3 Competition from alternative chemicals or substitutes affecting market penetration. |
5 Australia 1,6-Hexanediol Market Trends |
6 Australia 1,6-Hexanediol Market, By Types |
6.1 Australia 1,6-Hexanediol Market, By Raw Material |
6.1.1 Overview and Analysis |
6.1.2 Australia 1,6-Hexanediol Market Revenues & Volume, By Raw Material, 2021 - 2031F |
6.1.3 Australia 1,6-Hexanediol Market Revenues & Volume, By Cyclohexane, 2021 - 2031F |
6.1.4 Australia 1,6-Hexanediol Market Revenues & Volume, By Adipic Acid, 2021 - 2031F |
6.2 Australia 1,6-Hexanediol Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Australia 1,6-Hexanediol Market Revenues & Volume, By Polyurethane, 2021 - 2031F |
6.2.3 Australia 1,6-Hexanediol Market Revenues & Volume, By Coatings, 2021 - 2031F |
6.2.4 Australia 1,6-Hexanediol Market Revenues & Volume, By Acrylates, 2021 - 2031F |
6.2.5 Australia 1,6-Hexanediol Market Revenues & Volume, By Adhesives, 2021 - 2031F |
6.2.6 Australia 1,6-Hexanediol Market Revenues & Volume, By Polyester Resins, 2021 - 2031F |
6.2.7 Australia 1,6-Hexanediol Market Revenues & Volume, By Plasticizers, 2021 - 2031F |
7 Australia 1,6-Hexanediol Market Import-Export Trade Statistics |
7.1 Australia 1,6-Hexanediol Market Export to Major Countries |
7.2 Australia 1,6-Hexanediol Market Imports from Major Countries |
8 Australia 1,6-Hexanediol Market Key Performance Indicators |
8.1 Research and development expenditure focused on enhancing the properties and applications of 1,6-hexanediol. |
8.2 Number of patents filed or granted related to new formulations or processes involving 1,6-hexanediol. |
8.3 Adoption rate of bio-based 1,6-hexanediol compared to conventional sources. |
9 Australia 1,6-Hexanediol Market - Opportunity Assessment |
9.1 Australia 1,6-Hexanediol Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.2 Australia 1,6-Hexanediol Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Australia 1,6-Hexanediol Market - Competitive Landscape |
10.1 Australia 1,6-Hexanediol Market Revenue Share, By Companies, 2024 |
10.2 Australia 1,6-Hexanediol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |