Global 1,4-Cyclohexanedimethanol (CHDM) Market Is Estimated to Be Worth 704.03 Million USD by 2027

Analysis of Global 1,4-Cyclohexanedimethanol (CHDM) Market with detailed market segmentation, The report also includes the detailed company profiles of the key players in the market along with their market strategies.

Los Angeles, CA -- (SBWIRE) -- 09/23/2021 -- Los Angeles, United State: QY Research recently published a research report titled, "1,4-Cyclohexanedimethanol (CHDM) Market 2020-2026". The research report attempts to give a holistic overview of the 1,4-Cyclohexanedimethanol (CHDM) Market by keeping the information simple, relevant, accurate, and to the point. The researchers have explained each aspect of the market thorough meticulous research and undivided attention to every topic. They have also provided data in statistical data to help readers understand the whole market. The report further provides historic and forecast data generated through primary and secondary research of the region and their respective manufacturers.

In terms of revenue, the Global CHDM market was valued 502.25 million USD in 2020 and is estimated to be worth 704.03 million USD by 2027, with the average annual growth rate of 5.75% from 2021 to 2027. In terms of Consumption, the Global CHDM is estimated to be 92034 MT in 2020 and is anticipated to reach 144026 MT by 2027.

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The top players cover Eastman, SK Chemicals, Kangheng Chemical, Feixiang Group, etc. The Top 3 players accounting for about 97% of the Global market. Eastman and SK Chemicals owns core technology and dominate the industry. The high technology barrier can't be broken in a shore term.

The biggest use of CHDM is to synthesize PCT, PETG and PCTG new polyester products, which have good transparency, impact resistance, wear resistance and corrosion resistance. Polyester Materials accounted for about 79% of consumption share globally in 2020. Moreover, it is anticipated to grow at a CAGR of 6.98% during 2021-2027.

Key Players Mentioned in the Global 1,4-Cyclohexanedimethanol (CHDM) Market Research Report: Eastman, SK NJC, Kangheng Chemical, Feixiang Group

Global 1,4-Cyclohexanedimethanol (CHDM) Market Segmentation by Product: Cis/Trans Ratio: 30:70, Cis/Trans Ratio: 25:75, Others

Global 1,4-Cyclohexanedimethanol (CHDM) Market Segmentation by Application: Polyester Materials, Coating Materials, Others

The encyclopedic research study offers analysis that will help you to optimally manage your business portfolio as you take a multi-level strategic approach. The report focuses on downstream and upstream growth prospects, the benchmarking of business segments to allow selections on the basis of long-term growth, and micro-level as well as macro-level analysis of the global 1,4-Cyclohexanedimethanol (CHDM) market. We also provide granular level analysis where segments are analyzed on a singular level while offering key market forecasts, estimations, and analysis.

Key Questions Answered:

- What is the size and CAGR of the global 1,4-Cyclohexanedimethanol (CHDM) market?
- Which are the leading segments of the global 1,4-Cyclohexanedimethanol (CHDM) market?
- What are the key driving factors of the most profitable regional market?
- What is the nature of competition in the global 1,4-Cyclohexanedimethanol (CHDM) market?
- How will the global 1,4-Cyclohexanedimethanol (CHDM) market advance in the coming years?
- What are the main strategies adopted in the global 1,4-Cyclohexanedimethanol (CHDM) market?

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