Global 1,6 hexanediol Market was valued at US $ 1.2 Billion in 2022 and is expected to reach USD 2.1 Billion by 2030 growing at a CAGR of 7.1% during the forecast period 2023 – 2030.
The 1,6 hexanediol market encompasses the global or regional economic domain involving the production, distribution, and consumption of 1,6 hexanediol, which is a chemical compound primarily used as a key raw material in various industries. This market encompasses the manufacturing and supply of 1,6 hexanediol, as well as the range of applications and end-users, including but not limited to the production of coatings, adhesives, plastics, textiles, and other chemical compounds. It involves both traditional and innovative formulations, and it operates within a competitive landscape that includes established chemical manufacturers, suppliers, and consumers. Market dynamics within this sector can be influenced by factors such as supply and demand, technological advancements, sustainability trends, and economic conditions.

Some of the benefits of designing a 1,6 hexanediol Market include:

• Diverse Utilization: 1,6 hexanediol finds itself as a fundamental chemical compound in numerous sectors, spanning coatings, adhesives, plastics, textiles, and beyond. Its adaptability renders it an indispensable component in the manufacturing of a wide array of products, thus contributing to the production of both industrial and consumer goods.
• Enhanced Longevity: Within the coatings and adhesives domain, 1,6 hexanediol bestows an elevated level of durability upon products, endowing them with resistance against wear, weathering, and corrosion. Consequently, this results in extended product lifespans and heightened reliability, all to the benefit of end-users.
• Economic Stimulation: The 1,6 hexanediol market serves as an engine for economic growth, generating revenue and employment opportunities not only within the chemical industry itself but also throughout its interconnected supply chains. This fosters manufacturing and trade, thereby making significant contributions to local and national economies.
• Catalyst for Innovation and Research: The persistent demand for 1,6 hexanediol acts as a catalyst for continuous research and innovation within the chemical industry. Companies are driven to refine formulations and applications, propelling technological advancements and product enhancements.
• Fostering Sustainability: The emergence of bio-based 1,6 hexanediol sourced from renewable materials resonates with sustainability objectives. This environmentally friendly alternative appeals to conscientious industries and consumers, endorsing greener practices and environmentally responsible choices.

COVID -19 Impact

The covid-19 pandemic had a profound impact on the 1,6 hexanediol market. Supply chain disruptions, driven by lockdowns and restrictions, led to manufacturing delays and difficulties in obtaining raw materials. Many chemical production facilities experienced temporary closures or reduced capacity due to health and safety concerns, affecting the supply of 1,6 hexanediol. Reduced demand in various sectors, including automotive and construction, as a result of economic uncertainty and shifting consumer priorities, had a noticeable effect on the market. Some chemical companies shifted their production focus to essential pandemic-related products, further affecting the availability of 1,6 hexanediol. As economies began recovering and industries adapted to the new normal, demand for the chemical showed signs of revival. Companies also reevaluated their supply chain strategies, emphasizing resilience and diversification to mitigate future disruptions. Remote work trends and changes in commuting and travel patterns influenced the demand for associated products. In conclusion, the covid-19 pandemic introduced challenges to the 1,6 hexanediol market through supply chain disruptions, decreased demand, and shifts in production priorities. However, the industry demonstrated resilience, adaptability, and a capacity for recovery as it navigated these challenges and adjusted to the evolving economic landscape.

Factors Driving the Market

Drivers

Rising Demand from the Wind Energy Sector Source

The surging demand from the wind energy sector has a profound impact on market growth, particularly within the chemical industry. Wind energy technology components, such as turbine blades and nacelles, rely on advanced materials and specialized coatings and adhesives to ensure their durability and performance. This growing demand necessitates a corresponding increase in the production and supply of raw materials, chemicals, and innovative solutions. The wind energy sector's continuous pursuit of innovation and efficiency spurs extensive research and development efforts in material sciences and chemistry. Chemical companies respond by developing novel materials and chemicals tailored to the specific needs of this industry, driving innovation and, subsequently, growth within the chemical sector.

In addition to fostering innovation, the expansion of the wind energy sector leads to an increased scale of production. Chemical companies often invest in expanding their manufacturing capacities to meet the growing demands of the wind energy industry, resulting in heightened production levels and market growth. Furthermore, the wind energy sector places a strong emphasis on sustainability and environmental consciousness. This focus drives the development of green and bio-based chemicals and materials, aligning with the industry's eco-friendly objectives. As the wind energy sector continues to grow globally, it propels the international expansion of chemical companies, enabling them to access new markets and further contribute to market growth. For Statista, China holds the top position globally in both newly installed wind power capacity and cumulative wind capacity. The United States' wind market is expected to maintain its robust performance in the coming years, driven by an ongoing project pipeline. Furthermore, corporate procurement of wind and solar energy by major corporations remains a key driver of wind energy expansion in the United States. Emerging markets are also showing notable strength in terms of wind energy installations and planned projects. Overall, wind energy retains its status as one of the world's swiftest-growing energy sources, with global installed wind power capacity reaching 837 gigawatts as of 2021.

The economic and job creation impact of the wind energy sector cannot be understated. The establishment of wind farms and manufacturing facilities generates employment opportunities and stimulates economic development, subsequently increasing the local and regional demand for chemical products and services. Moreover, government policies and incentives supporting renewable energy, including wind power, play a pivotal role in driving the growth of the wind energy sector. These policies indirectly benefit the chemical industry by stimulating demand for related products, further enhancing market growth.

Challenges

Availability of Substitutes Source

The availability of substitutes can exert a profound influence on market growth dynamics. Substitutes, as alternative products or solutions, introduce competition into the market, potentially leading to price wars and fostering innovation. Consumer preferences may shift toward substitutes that offer superior features or benefits, which can cause a redistribution of market share. Market saturation can also be affected, particularly if substitutes struggle to gain traction in well-established markets. To effectively compete with substitutes, companies often invest in innovation and product differentiation, spurring market growth by driving the development of improved offerings. Regulatory changes may arise in response to substitutes, further impacting the market's landscape. Moreover, the elasticity of demand and the influence of technology advancements play critical roles in how substitutes affect market growth. The regional and global presence of substitutes can differ, leading to varying impacts on markets. In essence, the availability of substitutes is a multifaceted factor that shapes competition, consumer behavior, and regulatory environments, thereby molding the growth trajectory of a market as market players adapt to and innovate in response to the presence of substitutes.

Trends

Growing demand for polyurethane

The growing demand for polyurethane is a driving force behind the expansion of the 1,6-Hexanediol market. Polyurethane, a highly versatile material with properties such as flexibility, durability, and excellent insulation, finds widespread application in diverse industries, including automotive, construction, and consumer goods. This versatile demand for polyurethane translates to an increased need for its key raw materials, notably 1,6-Hexanediol, which is an essential component in polyurethane production. Moreover, the construction sector's growth, where polyurethane is used in insulation, sealants, and coatings, further contributes to the rising demand for both polyurethane and 1,6-Hexanediol. In the automotive industry, the lightweight and durable properties of polyurethane make it a preferred choice, and as the automotive sector continues to evolve and emphasize efficiency and sustainability, the demand for polyurethane components grows.

Ongoing research and development efforts within the polyurethane sector result in product innovations, expanding its applications and driving the market. Additionally, the market benefits from an increasing focus on sustainable and eco-friendly materials, as bio-based polyurethanes, sometimes requiring bio-based 1,6-Hexanediol, gain traction due to environmental concerns and regulations favoring environmentally conscious products. In summary, the surging demand for polyurethane, grounded in its versatile utility and sustainability factors, is a pivotal catalyst for the continued growth of the 1,6-Hexanediol market. As per Statista, In 2022, the global polyurethane market was valued at approximately $67.13 billion, and projections indicate that by the year 2030, the market is anticipated to reach a valuation of around $93.48 billion.

Market Segmentation

By Raw Material

• The Adipic Acid dominated the 1,6 hexanediol Market in 2022.
• The Adipic Acid is the fastest growing segment, growing at a CAGR of 9.5% during the forecast period.

By Raw Material, the global 1,6 hexanediol Market is divided into Cyclohexane, Adipic Acid.
Adipic acid stands out as the primary and swiftest-growing raw material within the 1,6-hexanediol market. This prominence is driven by the escalating need for polyurethane resins, which are crafted using both adipic acid and 1,6-hexanediol. These polyurethane resins enjoy widespread application across diverse sectors, including automotive, construction, and consumer goods. Furthermore, the expansion of the 1,6-hexanediol market is significantly influenced by the mounting demand for bio-based products. Bio-based 1,6-hexanediol is derived from renewable sources like sugarcane and corn, rendering it a sustainable and eco-friendly substitute for its petroleum-based counterpart. This shift toward bio-based production aligns with environmentally conscious practices and contributes to a more sustainable industrial landscape.

By Application

• The Polyurethane segment dominated the 1,6 Hexanediol Market in 2022.
• Polyurethane is the fastest growing segment, growing at a CAGR of 7.4% during the forecast period.

By Application, the 1,6 hexanediol Market is divided by Polyurethane, Coatings, Acrylates, Adhesives, Polyester Resins, Plasticizers, Others.,

The growth of polyurethanes can be primarily attributed to the surging demand for a range of applications, including paints, coatings, elastomers, and foams. 1,6-hexanediol, in particular, serves as a pivotal component in the polyurethane sector, functioning as a chain extender. Its addition in polyurethane formulations results in modified polyurethanes characterized by exceptional corrosion resistance. Moreover, 1,6-hexanediol imparts various beneficial properties to polyurethanes, including heightened mechanical strength, a lower glass transition temperature, and enhanced heat resistance.

One of the key driving factors behind the expanding polyurethane market is the increasing demand for its derivative applications, such as thermoplastic polyurethane elastomers, coatings, and foams, across diverse geographical regions. To meet the growing requirements of multiple industries, expansion initiatives related to the production of paints, coatings, and adhesives are being executed on a global scale. For instance, in August 2022, TIGER Drylac unveiled plans for an expansion project within its existing facility in St. Charles, Illinois, USA. This expansion is aimed at bolstering the company's powder coatings business. In a similar vein, in April 2023, Pearl Polyurethane Systems introduced a novel polyurethane-based adhesive known as PearlBond adhesive. This versatile adhesive finds application in various sectors, including jogging tracks, kids' playground mats.

By Region

• The APAC region dominated the 1,6 Hexanediol Market in 2022.
• The APAC region is the fastest growing segment, growing at a CAGR of 6.2% during the forecast period.

By region, the global 1,6 hexanediol Market is divided into North America, Europe, APAC and Others. Others is further divided into Middle East, Africa and South America.
The 1,6-Hexanediol market share was predominantly led by the APAC region, accounting for more than 42.7% of the market, with North America and Europe following closely behind. This dominance can be attributed to the escalating demand for 1,6-hexanediol from countries like Japan, India, China, and South Korea. Notably, China is poised to assume a pivotal role in the 1,6-hexanediol market due to its increased production of polyurethane and coatings, driven by a surge in construction activities. The construction sector in the United States, China, India, and Brazil is experiencing robust growth, fueled by substantial investments in new infrastructure projects, housing developments, and the refurbishment of residential and commercial buildings. In tandem with this, the APAC region has witnessed a notable uptick in the demand for coatings, and this upward trajectory is projected to persist in the foreseeable future. Furthermore, the coating industry is undergoing a consolidation phase as major players in the sector are acquiring both local and international firms, reshaping the industry landscape. Concurrently, the upsurge in demand for polyurethane and the heightened focus on research and development within the coatings industry have played pivotal roles in shaping the growth dynamics of this market.

Competitive Landscape

The global 1,6 hexanediol Market is consolidated with the presence of few major players contributing to the market revenue. This dominance of these major players is driven by their technological expertise, extensive resources, and established brand recognition. These companies typically offered comprehensive and diversified solutions to end use industries.

• YUANLI SCIENCE AND TECHNOLOGY

Yuanli Science and Technology Co., Ltd. is a forward-looking high-tech organization dedicated to the research, development, production, and distribution of fine chemicals. Founded in 2003, the company is headquartered in Weifang, Shandong Province, China, and boasts two expansive research and production facilities in Weifang and Chongqing. Additionally, Yuanli maintains a subsidiary in the Netherlands. Yuanli's primary product portfolio comprises environmentally-friendly high-boiling solvent series, glycol series, and plasticizer series, each of which is distinguished by its specialized, functional characteristics. These products find widespread application across numerous industries, including coatings and casting binders, inks, pigments, UV-curing materials, polyurethanes, wire and cable, leather goods, PVC conveyor belts, surfactants, optical glass resins, personal care items, and pharmaceutical intermediates. Yuanli stands at the forefront of China's fine chemicals sector, holding the distinction of being a pivotal enterprise in Weifang City and a high-tech entity in Shandong Province. The company has also earned recognition as a national standard-bearer for intellectual property rights. Committed to fostering scientific and technological innovation, Yuanli maintains a robust R&D team that has submitted more than 50 patent applications, with 27 already receiving authorization. Furthermore, the company has established close collaborative ties with numerous universities and research institutions, positioning it at the vanguard of the industry in terms of products and technology.

• Henan Tianfu Chemical Co., Ltd

Henan Tianfu Chemical Co., Ltd. is a cutting-edge high-tech organization specializing in the research, manufacturing, and marketing of fine chemicals. Founded in 2005, the company is headquartered in Zhengzhou, Henan Province, China, and operates from a sizable research and production hub in Zhengzhou, complemented by a sales office in Shanghai. Tianfu's primary product range encompasses pesticide intermediates, medical intermediates, noble metal catalysts, electronic chemical materials, and general chemicals, all characterized by their exceptional specialization, functionality, and wide-ranging utility across various sectors, including pharmaceuticals, electronics, pesticides, and materials. Within the domain of fine chemicals in China, Tianfu takes a leading role, holding the distinction of being a pivotal enterprise in Zhengzhou City and a high-tech enterprise in Henan Province. The company has also earned recognition as a national benchmark for intellectual property rights.

Dedicated to fostering scientific and technological advancements, Tianfu maintains a robust research and development team that has submitted more than 100 patent applications, with over 50 already securing authorization. Furthermore, the company has cultivated collaborative relationships with numerous universities and research institutions, ensuring that its products and technologies remain at the forefront of the industry.

• Prasol Chemicals Limited

Prasol Chemicals Limited, an Indian chemical manufacturing firm founded in 1954, is headquartered in Navi Mumbai, Maharashtra, with its primary manufacturing facility situated in Khopoli, Maharashtra. Prasol Chemicals has established itself as a premier producer of advanced thermoplastics renowned for their exceptional performance. These versatile materials find application in a wide array of industries, including automotive, electrical and electronics, consumer goods, electrical appliances, and industrial packaging. Prasol Chemicals serves as a key supplier of high-performance thermoplastics within India and extends its reach by exporting products to more than 50 countries worldwide. The company has garnered recognition for delivering top-quality products, maintaining competitive pricing, and ensuring dependable product delivery.

• Zhengzhou Meiya Chemical Products Co.,Ltd
• Technolog Ltd
• Perstorp
• Hefei TNJ Chemical Industry Co.,Ltd.
• Zhejiang Lishui Nanming Chemical Co.,Ltd.
• UBE Corporation
• LANXESS
• BASF SE
• Central Drug House
• Eastman Chemical Company
• Celanese Corporation
• Shell plc
• TotalEnergies SE
• Mitsubishi Chemical Corporation
• Toray Industries, Inc.
• Huntsman Corporation
• Solvay SA

Recent Developments

• In April 2023, LANXESS made a significant announcement regarding its Scopeblue brand label. They successfully developed a more environmentally friendly version of 1,6-Hexanediol. During its production, this new product achieves a carbon footprint that is less than half of its conventional counterparts or utilizes sustainable raw materials, accounting for more than 50 percent of its composition.
• In October 2022, PETRONAS Chemicals Group Berhad successfully concluded the acquisition of Perstorp. This acquisition has resulted in Perstorp becoming a wholly-owned subsidiary of PETRONAS Chemicals Group Berhad. For PETRONAS Chemicals Group Berhad, this acquisition represents a promising opportunity for growth within the specialty chemicals industry.
• In May 2023, Sirca Paints India Limited entered into a partnership with Sirca S.p.A (Italy) to produce a range of 10 distinct Polyurethane wood coating products within India. This strategic move aims to diminish Sirca Paints India Limited's reliance on imports and address the increasing need for polyurethane paints and coatings within the Indian market.
• In August 2022, BASF SE introduced an innovative invisible Thermoplastic Polyurethane (TPU) Paint Protection Film (PPF) designed to enhance its support for the automotive industry across the Asia-Pacific region.

1,6 hexanediol Market Scope

Table of Contents

1 INTRODUCTION OF GLOBAL 1,6 HEXANEDIOL MARKET

1.1 Overview of the Market

1.2 Scope of Report

1.3 Assumptions

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY

3.1 Data Mining

3.2 Validation

3.3 Primary Interviews

3.4 List of Data Sources

4 GLOBAL 1,6 HEXANEDIOL MARKET OUTLOOK

4.1 Overview

4.2 Market Dynamics

4.2.1 Drivers

4.2.2 Restraints

4.2.3 Opportunities

4.3 Porters Five Force Model

4.3.1. Bargaining Power of Suppliers

4.3.2. Threat of New Entrants

4.3.3. Threat of Substitutes

4.3.4. Competitive Rivalry

4.3.5. Bargaining Power among Buyers

4.4 Value Chain Analysis

5 GLOBAL 1,6 HEXANEDIOL MARKET, BY RAW MATERIAL

5.1 Overview

5.2 Cyclohexane

5.3 Adipic Acid

6 GLOBAL 1,6 HEXANEDIOL MARKET, BY APPLICATION

6.1 Overview

6.2 Polyurethane

6.3 Coatings

6.4 Acrylates

6.5 Adhesives

6.6 Polyester Resins

6.7 Plasticizers

6.8 Others

7 GLOBAL 1,6 HEXANEDIOL MARKET, By REGION

7.1 North America

7.1.1 U.S.

7.1.2 Canada

7.2 Europe

7.2.1 Germany

7.2.3 U.K.

7.2.4 France

7.2.5 Rest of Europe

7.3 Asia Pacific

7.3.1 China

7.3.2 Japan

7.3.3 India

7.3.4 South Korea

7.3.5 Singapore

7.3.6 Malaysia

7.3.7 Australia

7.3.8 Thailand

7.3.9 Indonesia

7.3.10 Philippines

7.3.11 Rest of Asia Pacific

7.4 Others

7.4.1 Saudi Arabia

7.4.2 U.A.E.

7.4.3 South Africa

7.4.4 Egypt

7.4.5 Israel

7.4.6 Rest of Middle East and Africa (MEA)

7.4.7 Brazil

7.4.8 Argentina

7.4.9 Mexico

7.4.10 Rest of South America

8 COMPANY PROFILES

8.1YUANLI SCIENCE AND TECHNOLOGY

8.1.1. Company Overview

8.1.2. Key Executives

8.1.3. Operating Business Segments

8.1.4. Product Portfolio

8.1.5. Financial Performance (As per availability)

8.1.6 Key News

8.2 Henan Tianfu Chemical Co., Ltd

8.2.1. Company Overview

8.2.2. Key Executives

8.2.3. Operating Business Segments

8.2.4. Product Portfolio

8.2.5. Financial Performance (As per availability)

8.2.6. Key News

8.3 Prasol Chemicals Limited.

8.3.1. Company Overview

8.3.2. Key Executives

8.3.3. Operating Business Segments

8.3.4. Product Portfolio

8.3.5. Financial Performance (As per availability)

8.3.6. Key News

8.4  Zhengzhou Meiya Chemical Products Co.,Ltd

8.4.1. Company Overview

8.4.2. Key Executives

8.4.3. Operating Business Segments

8.4.4. Product Portfolio

8.4.5. Financial Performance (As per availability)

8.4.6. Key News

8.5 Technolog Ltd

8.5.1. Company Overview

8.5.2. Key Executives

8.5.3. Operating Business Segments

8.5.4. Product Portfolio

8.5.5. Financial Performance (As per availability)

8.5.6. Key News

8.6 Perstorp

8.6.1. Company Overview

8.6.2. Key Executives

8.6.3. Operating Business Segments

8.6.4. Product Portfolio

8.6.5. Financial Performance (As per availability)

8.6.6. Key News

8.7 Hefei TNJ Chemical Industry Co.,Ltd.

8.7.1. Company Overview

8.7.2. Key Executives

8.7.3. Operating Business Segments

8.7.4. Product Portfolio

8.7.5. Financial Performance (As per availability)

8.7.6. Key News

8.8 Zhejiang Lishui Nanming Chemical Co.,Ltd.

8.8.1. Company Overview

8.8.2. Key Executives

8.8.3. Operating Business Segments

8.8.4. Product Portfolio

8.8.5. Financial Performance (As per availability)

8.8.6. Key News

8.9 UBE Corporation

8.9.1. Company Overview

8.9.2. Key Executives

8.9.3. Operating Business Segments

8.9.4. Product Portfolio

8.9.5. Financial Performance (As per availability)

8.9.6. Key News

8.10 LANXESS

8.10.1. Company Overview

8.10.2. Key Executives

8.10.3. Operating Business Segments

8.10.4. Product Portfolio

8.10.5. Financial Performance (As per availability)

8.10.6. Key News

8.11 BASF SE

8.11.1. Company Overview

8.11.2. Key Executives

8.11.3. Operating Business Segments

8.11.4. Product Portfolio

8.11.5. Financial Performance (As per availability)

8.11.6. Key News

8.12 Central Drug House

8.12.1. Company Overview

8.12.2. Key Executives

8.12.3. Operating Business Segments

8.12.4. Product Portfolio

8.12.5. Financial Performance (As per availability)

8.12.6. Key News

8.13 Eastman Chemical Company

8.13.1. Company Overview

8.13.2. Key Executives

8.13.3. Operating Business Segments

8.13.4. Product Portfolio

8.13.5. Financial Performance (As per availability)

8.13.6. Key News

8.14  Celanese Corporation

8.14.1. Company Overview

8.14.2. Key Executives

8.14.3. Operating Business Segments

8.14.4. Product Portfolio

8.14.5. Financial Performance (As per availability)

8.14.6. Key News

8.15 Shell plc

8.15.1. Company Overview

8.15.2. Key Executives

8.15.3. Operating Business Segments

8.15.4. Product Portfolio

8.15.5. Financial Performance (As per availability)

8.15.6. Key News

8.16 TotalEnergies SE

8.16.1. Company Overview

8.16.2. Key Executives

8.16.3. Operating Business Segments

8.16.4. Product Portfolio

8.16.5. Financial Performance (As per availability)

8.16.6. Key News

8.17 Mitsubishi Chemical Corporation

8.17.1. Company Overview

8.17.2. Key Executives

8.17.3. Operating Business Segments

8.17.4. Product Portfolio

8.17.5. Financial Performance (As per availability)

8.17.6. Key News

8.18 Toray Industries, Inc.

8.18.1. Company Overview

8.18.2. Key Executives

8.18.3. Operating Business Segments

8.18.4. Product Portfolio

8.18.5. Financial Performance (As per availability)

8.18.6. Key News

8.19 Huntsman Corporation

8.19.1. Company Overview

8.19.2. Key Executives

8.19.3. Operating Business Segments

8.19.4. Product Portfolio

8.19.5. Financial Performance (As per availability)

8.19.6. Key News

8.20 Solvay SA

8.20.1. Company Overview

8.20.2. Key Executives

8.20.3. Operating Business Segments

8.20.4. Product Portfolio

8.20.5. Financial Performance (As per availability)

8.20.6. Key News

Global 1,6 Hexanediol Market Segmentation

1,6 hexanediol by Raw Material: Market Size & Forecast 2023-2030

• Cyclohexane
• Adipic Acid

1,6 hexanediol by Application: Market Size & Forecast 2023-2030

• Polyurethane
• Coatings
• Acrylates
• Adhesives
• Polyester Resins
• Plasticizers
• Others

1,6 hexanediol by Geography: Market Size & Forecast 2023-2030

• North America (USA, Canada, Mexico)
• Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
• Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
• South America (Brazil, Argentina, Columbia, Rest of South America)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Major Players:

• YUANLI SCIENCE AND TECHNOLOGY
• Henan Tianfu Chemical Co., Ltd
• Prasol Chemicals Limited
• Zhengzhou Meiya Chemical Products Co.,Ltd
• Technolog Ltd
• Perstorp
• Hefei TNJ Chemical Industry Co.,Ltd.
• Zhejiang Lishui Nanming Chemical Co.,Ltd.
• UBE Corporation
• LANXESS
• BASF SE
• Central Drug House
• Eastman Chemical Company
• Celanese Corporation
• Shell plc
• TotalEnergies SE
• Mitsubishi Chemical Corporation
• Toray Industries, Inc.
• Huntsman Corporation
• Solvay SA