Hexamethylenediamine price December 2024 and outlook (see chart below)
- North America:US$2.65/KG, 1.1% up
- Europe:US$2.33/KG, 1.3% up
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Hexamethylenediamine price index
This post is a summary of the Hexamethylenediamine price developments. The price developments of Hexamethylenediamine are expressed in US$ prices converted FX rates applicable at the time when the price was valid. Hexamethylenediamine price index developments are calculated from multiple separate sources of data to ensure statistical accuracy.
The outlook for Hexamethylenediamine prices, on the second tab, is generated from different inputs including:
- Very recent price developments of immediate cost drivers of Hexamethylenediamine prices
- Recent price developments of underlying feedstocks which drive the price of Hexamethylenediamine
- Market futures for both cost drives and feedstocks of Hexamethylenediamine prices
- Adjustment of current supply/demand imbalances in the Hexamethylenediamine market
- Longer term trends in likely demand conditions
Further information on Hexamethylenediamine price index
Here is some further information
What is Hexamethylenediamine
Hexamethylenediamine (HMDA) is an organic compound with the chemical formula C6H12N2. It is a white, crystalline solid that is soluble in water and polar organic solvents. It has a strong, ammonia-like odor.
How is Hexamethylenediamine produced
HMDA is produced by the hydrogenation of adiponitrile, which is itself produced by the nitration of cyclohexane. The hydrogenation reaction is typically carried out in the presence of a catalyst, such as palladium or platinum, at high pressures and temperatures.
What is Hexamethylenediamine used for
HMDA is used as an intermediate in the production of a variety of chemicals, including polyamides, polyurethanes, and plastics. It is also used in the production of adhesives, resins, and rubber products. In addition, it is used as a corrosion inhibitor and as a raw material for the production of pharmaceuticals and dyes.
What types of Hexamethylenediamine are there
Hexamethylenediamine (HMD) is a linear, six-carbon diamine with the chemical formula C6H12N2. It is used as a building block for the production of a variety of products, including nylon and other polyamides. In terms of types, HMD can be classified based on its purity, end-use applications, and other specifications. Some of the common types of HMD include:
Technical grade HMD
Technical grade HMD is a lower-purity form of HMD that is used primarily in industrial applications, such as the production of adhesives and resins.
Pharmaceutical grade HMD
Pharmaceutical grade HMD is a high-purity form of HMD that is used in the production of pharmaceuticals, cosmetics, and other personal care products.
Food grade HMD
Food grade HMD is a high-purity form of HMD that is used in the production of food and beverage additives.
Reagent grade HMD
Reagent grade HMD is a high-purity form of HMD that is used as a starting material in the production of other chemicals, such as dyes and pigments.
These are some of the common types of HMD, and the exact specifications and properties of HMD can vary depending on the end-use application and the manufacturer. Additionally, HMD can be customized to meet specific customer requirements, such as modified molecular weight, color, and other specifications.
What are the key cost drivers of Hexamethylenediamine
Hexamethylenediamine (HMD) is a chemical intermediate used in the production of a variety of products, including nylon and other polyamides. The cost of HMD is driven by several factors, including:
Raw material prices
The cost of HMD is closely tied to the cost of its raw materials, including benzene and formaldehyde. Fluctuations in the price of these raw materials can have a significant impact on the cost of HMD.
Energy prices
Energy costs are a significant component of HMD production costs, and fluctuations in energy prices can impact the overall cost of HMD.
Capacity utilization
The level of utilization of HMD production capacity can also impact the cost of HMD.
Regulatory costs
The cost of HMD can also be impacted by regulatory costs, such as environmental regulations and taxes, which can add to the cost of production.
These are some of the factors that can impact the cost of HMD, and the specific drivers of cost can vary depending on the region, the state of the global economy, and other factors.
How big is the global HMD market
The size of the global hexamethylenediamine (HMD) market is difficult to quantify with certainty, as the market is constantly evolving and can be impacted by a variety of factors, including changes in the global economy, shifts in consumer demand, and fluctuations in raw material prices. Additionally, the size of the market can also be influenced by the level of competition, regulatory requirements, and other factors.
However, according to recent market research reports, the global HMD market is expected to grow significantly over the next few years, driven by increasing demand from end-use industries, such as the production of nylon and other polyamides, adhesives and resins, and pharmaceuticals.
It is estimated that the global HMD market was valued at approximately USD 2.5 billion in 2020 and is expected to reach approximately USD 3.5 billion by 2023, growing at a CAGR of 6.5% over the forecast period.
According to https://oec.world/ :
Hexamethylenediamine, its salts are the world’s 1811th most traded product.
In 2020, the top exporters of Hexamethylenediamine, its salts were United States ($428M), France ($371M), Belgium ($93.7M), United Kingdom ($82.9M), and Netherlands ($66.9M).
In 2020, the top importers of Hexamethylenediamine, its salts were Germany ($309M), China ($140M), Japan ($96.2M), Canada ($87.1M), and South Korea ($84.7M).
Further reading
- Wikipedia for general, history, production and usage information
- PubChem for chemistry and property information
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