1,4-Cyclohexanedicarboxylic acid (1,4-CHDA) has cyclohexane based structure. CHDA has better weatherability, higher impact strength, and faster stress relaxation.
Terephthalic acid (TPA) and dimethyl terephthalate (DMT) are consumed primarily to produce linear, saturated polyester resins, fibers, and films by reaction with glycols. CHDM is produced by catalytic hydrogenation of dimethyl terephthalate (DMT). The reaction conducted in two steps beginning with the conversion of DMT to the diester dimethyl 1,4-cyclohexanedicarboxylate (DMCD). In the second step DMCD is further hydrogenated to CHDM.
Since Eastman invented CHDM, the DMT synthesis process has been the mainstream CHDM synthesis process. Both Eastman and SK Chemicals early CHDM production lines used DMT synthesis. In 1990s, Eastman developed the PTA hydrogenation synthesis CHDM process. Since the production cost of PTA is lower than DMT, which makes manufacturers more willing to choose lower cost PTA as raw material. After 2000s, both Eastman and SK Chemicals new CHDM production lines use the PTA hydrogenation synthesis process. CHDA is an intermediate in the PTA hydrogenation synthesis process and CHDA is considered to be the core intermediate of CHDM.
The Global 1,4-Cyclohexanedicarboxylic Acid Market had reached xxx million USD with a CAGR xx from 2015-2019. Later on, it will go to xxx million USD in 2020 with a CAGR xx % from 2020 - 2026.
In the global 1,4-Cyclohexanedicarboxylic Acid Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
Eastman
SK Chemicals
Nikko Rica
Kellin Chemicals
Global Other
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Industrial Grade
Pharmaceutical Grade
In Market segmentation by applications :
CHDM
Coatings
Polyester Resin
Others
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the 1,4-Cyclohexanedicarboxylic Acid Market for the forecast period 2020 - 2026?
• What are the driving forces in the 1,4-Cyclohexanedicarboxylic Acid Market for the forecast period 2020 - 2026?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the 1,4-Cyclohexanedicarboxylic Acid industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?