HDDA price November 2024 and outlook (see chart below)
- Northeast Asia:US$2.57/KG, -0.8% down
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HDDA price index
This post is a summary of the HDDA price developments. The price developments of HDDA are expressed in US$ prices converted FX rates applicable at the time when the price was valid. HDDA price index developments are calculated from multiple separate sources of data to ensure statistical accuracy.
The outlook for potassium HDDA prices, on the second tab, is generated from different inputs including:
- Very recent price developments of immediate cost drivers of HDDA prices
- Recent price developments of underlying feedstocks which drive the price of HDDA
- Market futures for both cost drives and feedstocks of HDDA prices
- Adjustment of current supply/demand imbalances in the HDDA market
- Longer term trends in likely demand conditions
Further information on the HDDA price chart
What is HDDA
1,6 Hexanediol diacrylate (HDDA) is a clear, colorless liquid used in the production of various polymer materials. It is a type of di-functional acrylate monomer, meaning that it has two acrylate groups that can be polymerized when exposed to UV light or a chemical initiator.
HDDA is commonly used in the production of polymer coatings, adhesives, and other materials that require good adhesion, hardness, and toughness. It is also used as a crosslinking agent in the manufacture of thermosetting resins, which can be used in composites, coatings, and other applications.
HDDA has low volatility, good solubility in common solvents, and a low viscosity, which makes it easy to handle and process. It is considered to be a relatively safe and low-toxicity chemical, although it should still be handled with appropriate care and precautions.
What is HDDA used for
1,6 Hexanediol diacrylate (HDDA) is a versatile chemical used in a wide range of applications. Some of its main uses include:
Coatings
HDDA is used as a monomer in the production of various coatings such as UV-curable coatings, which are commonly used in the automotive, electronics, and printing industries.
Adhesives
HDDA is used as a monomer in the production of various types of adhesives such as pressure-sensitive adhesives, which are used in the manufacturing of labels, tapes, and other products.
Composites
HDDA is used as a cross-linking agent in the production of thermosetting resins, which are used in the manufacturing of composites such as fiberglass and carbon fiber.
3D printing
HDDA is used as a building block in the production of resins used in stereolithography 3D printing, which is a type of additive manufacturing that uses light to solidify liquid polymers.
Overall, HDDA is valued for its ability to enhance the performance properties of various materials, such as increasing their hardness, adhesion, and durability, while still maintaining good processing properties.
What types of HDDA are there
1,6 Hexanediol diacrylate (HDDA) is a type of di-functional acrylate monomer, meaning that it has two acrylate groups that can be polymerized when exposed to UV light or a chemical initiator. There are different types of HDDA that vary based on their chemical structure or purity level. Some examples include:
Pure HDDA
This is the standard form of HDDA that is typically used in various polymerization applications. It has a high purity level, typically over 98%, and a low level of impurities.
Low-odor HDDA
This is a form of HDDA that has been specially formulated to have a lower odor than standard HDDA. It is commonly used in applications where odor is a concern, such as in the production of coatings or adhesives used in indoor environments.
HDDA blends
These are HDDA formulations that have been mixed with other acrylate monomers or additives to modify their properties. For example, HDDA can be blended with other acrylate monomers to create coatings or adhesives with specific performance characteristics, such as increased flexibility or UV resistance.
Photoinitiator-containing HDDA
This is a form of HDDA that has a photoinitiator added to it. Photoinitiators are chemicals that generate free radicals upon exposure to UV light, which can initiate the polymerization of acrylate monomers. By adding a photoinitiator to HDDA, the polymerization process can be initiated more efficiently, allowing for faster curing times and better adhesion properties.
Overall, the type of HDDA used will depend on the specific application requirements and processing conditions.
How is HDDA produced
1,6 Hexanediol diacrylate (HDDA) is typically produced through a chemical reaction between 1,6 Hexanediol and acrylic acid. The reaction takes place in the presence of a catalyst, which helps to promote the reaction and ensure that the desired product is formed.
The process typically involves adding the 1,6 Hexanediol and acrylic acid to a reactor vessel, along with the catalyst. The mixture is then heated and stirred to promote the reaction and ensure that the reactants are fully converted to the desired product.
Once the reaction is complete, the mixture is typically purified to remove any remaining impurities or unreacted starting materials. This may involve filtration, distillation, or other purification techniques depending on the specific process and the quality requirements for the final product.
The resulting 1,6 Hexanediol diacrylate (HDDA) is typically a clear, colorless liquid that can be stored and transported for use in various applications.
What drives the cost of HDDA
The cost of 1,6 Hexanediol diacrylate (HDDA) can be influenced by a variety of factors, including:
Raw material costs
The cost of the raw materials used to produce HDDA, such as adipic acid and acrylic acid, can have a significant impact on the overall cost of HDDA. Fluctuations in the price of these raw materials can cause the cost of HDDA to increase or decrease.
Production scale
The cost of HDDA can be influenced by the scale at which it is produced. Generally, larger-scale production can lead to lower unit costs due to economies of scale.
Energy costs
The cost of energy required to produce HDDA, such as electricity and natural gas, can impact the overall cost of the product.
Market demand
The demand for HDDA can impact its cost, as increased demand can lead to higher prices due to supply shortages or capacity limitations.
Geographic location
The cost of HDDA can vary based on its geographic location, due to factors such as transportation costs and local market conditions.
Overall, the cost of HDDA is determined by a combination of these factors, as well as other market-specific conditions. As with most chemical products, the cost of HDDA can fluctuate over time based on changes in supply and demand, market conditions, and regulatory policies.
How big is the global HDDA market
The global market for 1,6 Hexanediol diacrylate (HDDA) is expected to be valued at approximately USD 310 million in 2021, according to market research reports. The market is projected to grow at a compound annual growth rate (CAGR) of around 5.5% from 2021 to 2026, reaching a value of approximately USD 405 million by the end of the forecast period.
The growth of the HDDA market is driven by factors such as increasing demand for coatings and adhesives in various industries, including automotive, construction, and electronics. Additionally, the growing popularity of UV-curable coatings and adhesives is also expected to boost demand for HDDA, as it is one of the key monomers used in these applications.
The Asia-Pacific region is expected to be the largest market for HDDA, driven by strong demand from countries such as China, Japan, and South Korea. North America and Europe are also expected to be significant markets for HDDA, with demand driven by various end-use industries.
Which countries produce the most HDDA
some of the major producers of HDDA are believed to be located in regions such as Asia-Pacific, North America, and Europe.
China is one of the largest producers of HDDA in the world, with several large chemical companies located in the country. Other major producers of HDDA in the Asia-Pacific region include Japan, South Korea, and India.
In North America, the United States is believed to be a significant producer of HDDA, with several companies operating in the chemical manufacturing sector. In Europe, countries such as Germany, France, and the UK are also believed to have a significant HDDA production capacity.
Overall, the production of HDDA is likely to be concentrated in countries with large and diverse chemical manufacturing sectors, as well as those with strong research and development capabilities in the field of polymer chemistry.
Further information
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