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Download Free sampleThe global Cyclohexane Dimethanol (CHDM) market was valued at 104.37 Million USD in 2021 and will grow with a CAGR of 4.92% from 2021 to 2027, based on Research newly published report.
The prime objective of Cyclohexane Dimethanol Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Cyclohexane Dimethanol Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Cyclohexane dimethanol (CHDM) is an organic compound with formula C6H10 (CH2OH)2. It is a reactive diol having a cycloaliphatic structure containing two primary hydroxyl sites. Commercial samples consist of a mixture of cis and trans isomers, as seen for other disubstituted derivatives of cyclohexane. It is commonly used to make saturated and unsaturated polyester resins.Global market demand is more than supply, as there are mainly four suppliers, and their capacity is also not easy to expand at a fast rate. USA is the largest regional market for cyclohexane dimethanol (CHDM), with production exceeding 125 K MT in 2015. In application, CHDM downstream is wide and recently CHDM has acquired increasing significance in various fields of polyester materials and others. Globally, the CHDM market is mainly driven by growing demand for polyester materials which accounts for nearly 92.48% of total downstream consumption of CHDM in global in 2015.
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