Global Hexamethylene Diisocyanate Market Size, Trends and Growth Opportunity, By Type (Purity 99.9%, Purity 99.5% and Other), By Application (Paints, Adhesive and Others), By Region and Forecast Till 2027.
Global Hexamethylene Diisocyanate Market 
The Global Hexamethylene Diisocyanate Market was valued at US$ 2318 million in 2021 and it is expected to reach at US$ 3458 million in 2027 at a CAGR of 6.87% during forecast period 2022-2027.
Hexamethylene Diisocyanate (HDI) is an organic chemical that is largely utilized in the creation of polyurethane coatings, adhesives, and elastomers. It is a colorless to pale yellow liquid. The demand for and supply of this chemical compound across all industrial sectors is referred to as the global HDI market. To provide high-performance coatings and adhesives that provide higher durability, resistance to abrasion, and weathering, HDI, a highly reactive chemical compound, is largely employed in the automotive, construction, and furniture sectors. In the upcoming years, there will be a considerable increase in demand for high-quality coatings and adhesives across a variety of end-use sectors, which will fuel the growth of the worldwide HDI market.
Market Drivers
The global hexamethylene diisocyanate market is anticipated to expand as a result of the rising demand for polyurethane coatings, adhesives, and elastomers across numerous end-use sectors, including automotive, construction, and furniture. High-performance coatings with better durability, resistance to abrasion, and weathering, which are increasingly in demand across a variety of industries, are made using HDI. The need for premium coatings and adhesives, along with rising building activity in emerging nations, are predicted to drive the HDI market's expansion.
Market Restraints
The regulations related to the use and disposal of HDI are becoming increasingly stringent, which could limit the growth of the hexamethylene diisocyanate market. The fluctuations in the prices of raw materials used to produce HDI could affect the profitability of HDI manufacturers and limit the growth of the global HDI market.
Market Segmentation
The global hexamethylene diisocyanate market is segmented into type & application. On the basis of type the market is segmented into purity 99.9%, purity 99.5% and other. On the basis of application the market is segmented into paints, adhesive and others.
Regional Analysis
The hexamethylene diisocyanate market segmented into five regions North America, Europe, Latin America, Asia Pacific, Middle East and Africa. North America is anticipated to account for a sizeable portion of the global HDI market thanks to the region's well-established construction and automotive sectors. Canada and the United States are perhaps two of the region's biggest marketplaces.
Key Players
Various key players are listed in this report such as Bayer, Vencorex, BASF SE, Asahi Kasei Corporation, Tosoh, WANHUA, Covestro AG, Dow Chemical Company, Huntsman Corporation and Evonik Industries AG.
Market Taxonomy
By Type
• Purity 99.9%
• Purity 99.5%
• Other
By Application
• Paints
• Adhesive
• Others
By Region 
North America
• U.S
• Canada
• Mexico

Europe
• Germany 
• France
• UK
• Rest of Europe

Asia Pacific
• China
• India
• Japan
• Rest of Asia Pacific

Latin America
• Brazil
• Rest of Latin America

Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa

Global Hexamethylene Diisocyanate Market 
1 Introduction 
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Hexamethylene Diisocyanate Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact Due To Recent Energy Crisis
4.2.5 Cumulative Impact Due To Nearing Economic Downturn
4.2.6 Post Covid-19 World Supply and Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Hexamethylene Diisocyanate Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Hexamethylene Diisocyanate Market Share Analysis, By Type
5.3 Global Hexamethylene Diisocyanate Market Size and Forecast, By Type
5.3.1 Purity 99.9%
5.3.2 Purity 99.5% 
5.3.3 Other
6 Global Hexamethylene Diisocyanate Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Hexamethylene Diisocyanate Market Share Analysis, By Application
6.3 Global Hexamethylene Diisocyanate Market Share Analysis, By Application
6.3.1 Paints
6.3.2 Adhesive
6.3.3 Others
7 Global Hexamethylene Diisocyanate Market, By Region
7.1 Global Hexamethylene Diisocyanate Market Share Analysis, By Region
7.2 Global Hexamethylene Diisocyanate Market Size Analysis, By Region
8 North America Hexamethylene Diisocyanate Analysis and Forecast (2022-2027)
8.1 Introduction
8.2 North America Hexamethylene Diisocyanate Market Share Analysis, By Type
8.3 North America Hexamethylene Diisocyanate Size and Forecast, By Application
8.4 North America Hexamethylene Diisocyanate Market Size and Forecast, By Country
8.4.1 U.S
8.4.2 Canada
8.4.3 Mexico
9 Europe Hexamethylene Diisocyanate Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 Europe Hexamethylene Diisocyanate Market Share Analysis, By Type
9.3 Europe Hexamethylene Diisocyanate Market Size and Forecast, By Application
9.4 Europe Hexamethylene Diisocyanate Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4 Rest of Europe
10 Asia Pacific Hexamethylene Diisocyanate Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Asia-Pacific Hexamethylene Diisocyanate Market Share Analysis, By Type
10.3 Asia-Pacific Hexamethylene Diisocyanate Market Size and Forecast, By Application
10.4 Asia-Pacific Hexamethylene Diisocyanate Market Size and Forecast, By Country
10.4.1 China 
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11 Latin America Hexamethylene Diisocyanate Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Latin America Hexamethylene Diisocyanate Market Share Analysis, By Type
11.3 Latin America Hexamethylene Diisocyanate Market Size and Forecast, By Application
11.4 Latin America Hexamethylene Diisocyanate Market Size and Forecast, By Country
11.4.1 Brazil
11.4.2. Rest of Latin America
12 Middle East Hexamethylene Diisocyanate Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Middle East Hexamethylene Diisocyanate Market Share Analysis, By Type
12.3 Middle East Hexamethylene Diisocyanate Market Size and Forecast, By Application
12.4 Middle East Hexamethylene Diisocyanate Market Size and Forecast, By Country
12.4.1. Saudi Arabia
12.4.2. UAE
12.4.2. Egypt
12.4.4. Kuwait
12.4.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1. Bayer
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2. Vencorex
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3. BASF SE
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4. Asahi Kasei Corporation
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5. Tosoh
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6. WANHUA
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7. Covestro AG
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8. Dow Chemical Company
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9. Huntsman Corporation 
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10. Evonik Industries AG
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies