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The hexamethylenediamine market size is forecast to increase by USD 2.05 billion, at a CAGR of 4.5% between 2023 and 2028. The market is experiencing significant growth due to several key trends and factors. One of the primary drivers is the increasing demand for recycled plastics, as HMD is a crucial ingredient in the production of polyurethane foam used in recycled plastic applications. Additionally, the growing demand for bio-based chemicals is propelling market growth, as HMD is used as a building block in the production of bio-based polymers. However, the market also faces challenges, including stringent regulations and policies related to the production and use of HMD and its derivatives. Hexamethylenediamine (HMDA) is a versatile organic compound that functions as an essential crosslinking agent and curing agents in various industries. Compliance with these regulations adds to the production costs, potentially impacting market competitiveness. Despite these challenges, the market is expected to continue growing due to its wide range of applications in various industries, including coatings, adhesives, and polymers.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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