In H1 2023, the hexamethylenediamine price forecast varied. China’s recovery from inflation affected prices due to low downstream demand. High inventory and weak demand in India also hindered cost support, keeping Asian prices subdued. Western Europe and America experienced Q1 inflation-driven price increases, but rising inventories and modest demand caused Q2 price decline. The period was marked by fluctuating prices.
Definition
Hexamethylenediamine is a chemical compound with the molecular formula C6H16N2. Commonly known as HMDA, it is an aliphatic diamine used primarily in the production of nylon and other polymers. Its properties, including its six-carbon chain and amino groups, make it valuable in various industrial applications, such as in the manufacturing of textiles, coatings, and adhesives.
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Key Details About the Hexamethylenediamine Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Hexamethylenediamine in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.
The Hexamethylenediamine Price chart, including India Hexamethylenediamine price, USA Hexamethylenediamine price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting the Hexamethylenediamine Price Trend:
Hexamethylenediamine (HMDA) finds crucial industrial application as a building block for nylon production, contributing to the manufacturing of textiles, automotive components, and engineering plastics. It’s also used in coatings and adhesives, offering enhanced durability and strength. Its versatile properties make it a pivotal ingredient in various sectors, including polymers and materials industries.
Key Players:
- Compass Chemical
- Ascend Performance Materials
- Lanxess
- Suzhou Sibian Chemicals Co., Ltd.
- Chengdu Dacheng Chemical Co., Ltd.
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