Market Valuation and Forecast
According to the latest strategic research by Chem Reports, the global hexamine market was valued at USD XXXX million in 2025 and is projected to reach USD XXXX million by 2036. The market is anticipated to expand at a compound annual growth rate (CAGR) of XX% during the forecast period. This growth is driven by the robust demand for phenolic resins in the construction and automotive sectors, as well as the increasing utilization of hexamine in the pharmaceutical and explosives industries.
Global Hexamine Market Overview
The 2025 Global Hexamine Market Report provides an extensive industry analysis of development components, market patterns, industrial flows, and sector sizes. By calculating historical and present market values, the report establishes a framework for forecasting market management through 2036. The study involves a comprehensive evaluation of primary and secondary data, analyzing parameters such as government environmental policies, the competitive landscape, technical progress in chemical synthesis, and the availability of key feedstocks like formaldehyde and ammonia.
Impact of COVID-19 on the Hexamine Market
The emergence of COVID-19 in late 2019 led to significant disruptions in the hexamine market during 2020, primarily due to manufacturing shutdowns in major chemical hubs and a temporary collapse in the automotive and construction sectors. However, the market saw a resilient recovery in the pharmaceutical segment, as hexamine is used as an antiseptic in certain medical treatments. Post-pandemic, the market has focused on supply chain diversification and the adoption of more automated and digitally monitored chemical production processes.
Global Hexamine Market Segmentation
By Grade
Stabilized Hexamine: Contains additives to prevent caking and improve storage life; widely used in resins and rubber.
Unstabilized Hexamine: Pure form used for specialized chemical synthesis and pharmaceutical applications.
Pharmaceutical/Urotropine Grade: High-purity grade compliant with medical standards for use in urinary tract infection treatments.
By Physical Form
Powder Form
Granular Form
Liquid/Solution Form
By Application
Synthetic Resin Industry: Acts as a hardening agent/catalyst in the production of phenolic resins (Bakelite) and epoxy resins.
Rubber Industry: Used as a secondary vulcanization accelerator and as a bonding agent for rubber-to-fabric adhesion.
Explosives Industry: A critical precursor for the production of RDX and HMX.
Fuel Industry: Utilized as a component in solid fuel tablets (heatable rations) for camping and military use.
Pharmaceuticals Industry: Used as an antibacterial agent (Urotropine) and in the synthesis of specialized medications.
Paper and Cellulose Industry: Used for wet-strength enhancement and as a preservative.
Other Applications: Includes usage in adhesives, coatings, and as a corrosion inhibitor in oil and gas pipelines.
Regional Analysis
North America: Demand is driven by the advanced aerospace and defense sectors (explosives) and high-performance resin applications in the automotive industry.
Europe: Focused on high-purity pharmaceutical grades and strict adherence to REACH regulations regarding formaldehyde-derived products.
Asia-Pacific: The largest market share holder, led by China and India. Growth is fueled by massive infrastructure projects, a dominant rubber industry, and high-volume phenolic resin production.
South America: Steady demand from the industrial resin and adhesive sectors in Brazil and Argentina.
Middle East & Africa: Increasing investment in downstream petrochemical processing and oilfield chemicals (corrosion inhibitors).
Top Key Players
Hexion Inc.
Metafrax Chemicals
Shchekinoazot JSC
CHEMANOL (Methanol Chemicals Company)
Caldic B.V.
Mitsubishi Gas Chemical Company (MGC)
KCIL (Kanoria Chemicals & Industries Limited)
Simalin Chemical Industries
Sina Chemical Industries
INEOS
Feno Resinas
COPENOR
Runhua Chemical
Yuhang Chemical
Xiangrui Chemical
Yangmei Fengxi
Ruixing Group
Shengxuelong Chemical
Xudong Chemical
Lanxess AG
Sumitomo Chemical Co., Ltd.
Perstorp Holding AB
Porter’s Five Forces Analysis
Threat of New Entrants (Low to Moderate): High capital intensity and the need for strict environmental permits for formaldehyde handling act as significant barriers.
Bargaining Power of Suppliers (High): Manufacturers are highly dependent on the availability and pricing of methanol and ammonia, which are subject to global energy price volatility.
Bargaining Power of Buyers (Moderate): Large-scale buyers in the resin and rubber industries often have long-term contracts but can switch suppliers based on purity and price.
Threat of Substitutes (Low): In resin curing and RDX production, hexamine has few cost-effective direct substitutes.
Competitive Rivalry (High): Intense competition among major global players leads to thin margins in commodity grades, pushing firms toward specialized high-purity formulations.
SWOT Analysis
Strengths: Versatile chemical intermediate; essential for high-growth sectors (resins, defense); established production technology.
Weaknesses: Hazardous material handling risks; high sensitivity to energy prices; linked to formaldehyde regulations.
Opportunities: Expansion into lightweight automotive composites; development of advanced solid fuels for emergency relief; rising demand in the pharmaceutical sector of emerging economies.
Threats: Stringent environmental laws regarding formaldehyde release; potential decline in RDX demand due to peace treaties; volatility in methanol feedstock prices.
Trend Analysis
The industry is experiencing a shift toward the development of "Dust-Free" and "High-Flow" hexamine granules to improve workplace safety and automated dosing in industrial plants. Additionally, there is an increasing focus on the vertical integration of formaldehyde and hexamine production to optimize costs and minimize the logistical risks of transporting hazardous chemical precursors.
Drivers & Challenges
Drivers: Rising global demand for phenolic resins in wood products and insulation; growth in the rubber vulcanization sector for tires; increasing military budgets driving explosive precursor demand.
Challenges: Compliance with volatile organic compound (VOC) emission standards; the complexity of transporting hazardous chemicals across international borders.
Value Chain Analysis
Feedstock Sourcing: Procurement of Methanol (to produce Formaldehyde) and Ammonia.
Chemical Synthesis: Reaction of ammonia and formaldehyde to produce liquid hexamine.
Processing: Concentration, crystallization, and drying to produce powder or granules.
Distribution: Specialized packaging and hazardous material logistics.
End-User Integration: Utilization in resins, rubber, pharmaceuticals, or explosives manufacturing.
Quick Recommendations for Stakeholders
For Manufacturers: Focus on the development of stabilized, anti-caking formulations to cater to the high-volume export market where storage conditions vary.
For Investors: Target companies that are vertically integrated with methanol or formaldehyde production to ensure more stable profit margins.
For Buyers: Ensure suppliers have robust environmental and safety certifications, especially regarding the management of formaldehyde emissions.
For R&D Teams: Investigate the use of hexamine in the synthesis of new high-performance polymers for the electronics and 5G infrastructure sectors.
1. Market Overview of Hexamine
1.1 Hexamine Market Overview
1.1.1 Hexamine Product Scope
1.1.2 Market Status and Outlook
1.2 Hexamine Market Size by Regions:
1.3 Hexamine Historic Market Size by Regions
1.4 Hexamine Forecasted Market Size by Regions
1.5 Covid-19 Impact on Key Regions, Keyword Market Size YoY Growth
1.5.1 North America
1.5.2 East Asia
1.5.3 Europe
1.5.4 South Asia
1.5.5 Southeast Asia
1.5.6 Middle East
1.5.7 Africa
1.5.8 Oceania
1.5.9 South America
1.5.10 Rest of the World
1.6 Coronavirus Disease 2019 (Covid-19) Impact Will Have a Severe Impact on Global Growth
1.6.1 Covid-19 Impact: Global GDP Growth, 2019, 2020 and 2025 Projections
1.6.2 Covid-19 Impact: Commodity Prices Indices
1.6.3 Covid-19 Impact: Global Major Government Policy
2. Covid-19 Impact Hexamine Sales Market by Type
2.1 Global Hexamine Historic Market Size by Type
2.2 Global Hexamine Forecasted Market Size by Type
2.3 Product 1
2.4 Product 2
2.5 Other
3. Covid-19 Impact Hexamine Sales Market by Application
3.1 Global Hexamine Historic Market Size by Application
3.2 Global Hexamine Forecasted Market Size by Application
3.3 Rubber industry
3.4 Explosives industry
3.5 Fuel industry
3.6 Synthetic resin industry
3.7 Paper / cellulose industry
3.8 Pharmaceuticals industry
4. Covid-19 Impact Market Competition by Manufacturers
4.1 Global Hexamine Production Capacity Market Share by Manufacturers
4.2 Global Hexamine Revenue Market Share by Manufacturers
4.3 Global Hexamine Average Price by Manufacturers
5. Company Profiles and Key Figures in Hexamine Business
5.1 Hexion
5.1.1 Hexion Company Profile
5.1.2 Hexion Hexamine Product Specification
5.1.3 Hexion Hexamine Production Capacity, Revenue, Price and Gross Margin
5.2 Metafrax
5.2.1 Metafrax Company Profile
5.2.2 Metafrax Hexamine Product Specification
5.2.3 Metafrax Hexamine Production Capacity, Revenue, Price and Gross Margin
5.3 Shchekinoazot JSC
5.3.1 Shchekinoazot JSC Company Profile
5.3.2 Shchekinoazot JSC Hexamine Product Specification
5.3.3 Shchekinoazot JSC Hexamine Production Capacity, Revenue, Price and Gross Margin
5.4 CHEMANOL
5.4.1 CHEMANOL Company Profile
5.4.2 CHEMANOL Hexamine Product Specification
5.4.3 CHEMANOL Hexamine Production Capacity, Revenue, Price and Gross Margin
5.5 Caldic
5.5.1 Caldic Company Profile
5.5.2 Caldic Hexamine Product Specification
5.5.3 Caldic Hexamine Production Capacity, Revenue, Price and Gross Margin
5.6 MGC
5.6.1 MGC Company Profile
5.6.2 MGC Hexamine Product Specification
5.6.3 MGC Hexamine Production Capacity, Revenue, Price and Gross Margin
5.7 KCIL
5.7.1 KCIL Company Profile
5.7.2 KCIL Hexamine Product Specification
5.7.3 KCIL Hexamine Production Capacity, Revenue, Price and Gross Margin
5.8 Simalin
5.8.1 Simalin Company Profile
5.8.2 Simalin Hexamine Product Specification
5.8.3 Simalin Hexamine Production Capacity, Revenue, Price and Gross Margin
5.9 Sina Chemical
5.9.1 Sina Chemical Company Profile
5.9.2 Sina Chemical Hexamine Product Specification
5.9.3 Sina Chemical Hexamine Production Capacity, Revenue, Price and Gross Margin
5.10 INEOS
5.10.1 INEOS Company Profile
5.10.2 INEOS Hexamine Product Specification
5.10.3 INEOS Hexamine Production Capacity, Revenue, Price and Gross Margin
5.11 Feno Resinas
5.11.1 Feno Resinas Company Profile
5.11.2 Feno Resinas Hexamine Product Specification
5.11.3 Feno Resinas Hexamine Production Capacity, Revenue, Price and Gross Margin
5.12 COPENOR
5.12.1 COPENOR Company Profile
5.12.2 COPENOR Hexamine Product Specification
5.12.3 COPENOR Hexamine Production Capacity, Revenue, Price and Gross Margin
5.13 Runhua Chemical
5.13.1 Runhua Chemical Company Profile
5.13.2 Runhua Chemical Hexamine Product Specification
5.13.3 Runhua Chemical Hexamine Production Capacity, Revenue, Price and Gross Margin
5.14 Yuhang Chemical
5.14.1 Yuhang Chemical Company Profile
5.14.2 Yuhang Chemical Hexamine Product Specification
5.14.3 Yuhang Chemical Hexamine Production Capacity, Revenue, Price and Gross Margin
5.15 Xiangrui Chemical
5.15.1 Xiangrui Chemical Company Profile
5.15.2 Xiangrui Chemical Hexamine Product Specification
5.15.3 Xiangrui Chemical Hexamine Production Capacity, Revenue, Price and Gross Margin
5.16 Yangmei Fengxi
5.16.1 Yangmei Fengxi Company Profile
5.16.2 Yangmei Fengxi Hexamine Product Specification
5.16.3 Yangmei Fengxi Hexamine Production Capacity, Revenue, Price and Gross Margin
5.17 Ruixing Group
5.17.1 Ruixing Group Company Profile
5.17.2 Ruixing Group Hexamine Product Specification
5.17.3 Ruixing Group Hexamine Production Capacity, Revenue, Price and Gross Margin
5.18 Shengxuelong Chemical
5.18.1 Shengxuelong Chemical Company Profile
5.18.2 Shengxuelong Chemical Hexamine Product Specification
5.18.3 Shengxuelong Chemical Hexamine Production Capacity, Revenue, Price and Gross Margin
5.19 Xudong Chemical
5.19.1 Xudong Chemical Company Profile
5.19.2 Xudong Chemical Hexamine Product Specification
5.19.3 Xudong Chemical Hexamine Production Capacity, Revenue, Price and Gross Margin
6. North America
6.1 North America Hexamine Market Size
6.2 North America Hexamine Key Players in North America
6.3 North America Hexamine Market Size by Type
6.4 North America Hexamine Market Size by Application
7. East Asia
7.1 East Asia Hexamine Market Size
7.2 East Asia Hexamine Key Players in North America
7.3 East Asia Hexamine Market Size by Type
7.4 East Asia Hexamine Market Size by Application
8. Europe
8.1 Europe Hexamine Market Size
8.2 Europe Hexamine Key Players in North America
8.3 Europe Hexamine Market Size by Type
8.4 Europe Hexamine Market Size by Application
9. South Asia
9.1 South Asia Hexamine Market Size
9.2 South Asia Hexamine Key Players in North America
9.3 South Asia Hexamine Market Size by Type
9.4 South Asia Hexamine Market Size by Application
10. Southeast Asia
10.1 Southeast Asia Hexamine Market Size
10.2 Southeast Asia Hexamine Key Players in North America
10.3 Southeast Asia Hexamine Market Size by Type
10.4 Southeast Asia Hexamine Market Size by Application
11. Middle East
11.1 Middle East Hexamine Market Size
11.2 Middle East Hexamine Key Players in North America
11.3 Middle East Hexamine Market Size by Type
11.4 Middle East Hexamine Market Size by Application
12. Africa
12.1 Africa Hexamine Market Size
12.2 Africa Hexamine Key Players in North America
12.3 Africa Hexamine Market Size by Type
12.4 Africa Hexamine Market Size by Application
13. Oceania
13.1 Oceania Hexamine Market Size
13.2 Oceania Hexamine Key Players in North America
13.3 Oceania Hexamine Market Size by Type
13.4 Oceania Hexamine Market Size by Application
14. South America
14.1 South America Hexamine Market Size
14.2 South America Hexamine Key Players in North America
14.3 South America Hexamine Market Size by Type
14.4 South America Hexamine Market Size by Application
15. Rest of the World
15.1 Rest of the World Hexamine Market Size
15.2 Rest of the World Hexamine Key Players in North America
15.3 Rest of the World Hexamine Market Size by Type
15.4 Rest of the World Hexamine Market Size by Application
16 Hexamine Market Dynamics
16.1 Covid-19 Impact Market Top Trends
16.2 Covid-19 Impact Market Drivers
16.3 Covid-19 Impact Market Challenges
16.4 Porter?s Five Forces Analysis
18 Regulatory Information
17 Analyst's Viewpoints/Conclusions
18 Appendix
18.1 Research Methodology
18.1.1 Methodology/Research Approach
18.1.2 Data Source
18.2 Disclaimer
Global Hexamine Market Segmentation
By Grade
Stabilized Hexamine: Contains additives to prevent caking and improve storage life; widely used in resins and rubber.
Unstabilized Hexamine: Pure form used for specialized chemical synthesis and pharmaceutical applications.
Pharmaceutical/Urotropine Grade: High-purity grade compliant with medical standards for use in urinary tract infection treatments.
By Physical Form
Powder Form
Granular Form
Liquid/Solution Form
By Application
Synthetic Resin Industry: Acts as a hardening agent/catalyst in the production of phenolic resins (Bakelite) and epoxy resins.
Rubber Industry: Used as a secondary vulcanization accelerator and as a bonding agent for rubber-to-fabric adhesion.
Explosives Industry: A critical precursor for the production of RDX and HMX.
Fuel Industry: Utilized as a component in solid fuel tablets (heatable rations) for camping and military use.
Pharmaceuticals Industry: Used as an antibacterial agent (Urotropine) and in the synthesis of specialized medications.
Paper and Cellulose Industry: Used for wet-strength enhancement and as a preservative.
Other Applications: Includes usage in adhesives, coatings, and as a corrosion inhibitor in oil and gas pipelines.
Regional Analysis
North America: Demand is driven by the advanced aerospace and defense sectors (explosives) and high-performance resin applications in the automotive industry.
Europe: Focused on high-purity pharmaceutical grades and strict adherence to REACH regulations regarding formaldehyde-derived products.
Asia-Pacific: The largest market share holder, led by China and India. Growth is fueled by massive infrastructure projects, a dominant rubber industry, and high-volume phenolic resin production.
South America: Steady demand from the industrial resin and adhesive sectors in Brazil and Argentina.
Middle East & Africa: Increasing investment in downstream petrochemical processing and oilfield chemicals (corrosion inhibitors).
Top Key Players
Hexion Inc.
Metafrax Chemicals
Shchekinoazot JSC
CHEMANOL (Methanol Chemicals Company)
Caldic B.V.
Mitsubishi Gas Chemical Company (MGC)
KCIL (Kanoria Chemicals & Industries Limited)
Simalin Chemical Industries
Sina Chemical Industries
INEOS
Feno Resinas
COPENOR
Runhua Chemical
Yuhang Chemical
Xiangrui Chemical
Yangmei Fengxi
Ruixing Group
Shengxuelong Chemical
Xudong Chemical
Lanxess AG
Sumitomo Chemical Co., Ltd.
Perstorp Holding AB
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