Global CHDM Market Growth Outlook: Key Trends, Drivers, and Forecast to 2029
Global 1,4-Cyclohexanedimethanol (CHDM) market is experiencing steady growth, with its valuation reaching USD 329 million in 2023. According to industry analysis, the market is projected to grow at a CAGR of 5.2%, reaching approximately USD 420 million by 2029. This growth trajectory is driven by increasing demand from polyester production, coatings applications, and the textile industry, particularly in regions undergoing rapid industrialization.
1,4-Cyclohexanedimethanol serves as a critical building block in high-performance polymers, offering exceptional thermal stability and mechanical strength. Its versatility in creating bio-based materials aligns with global sustainability trends, prompting manufacturers to invest in greener production methods while meeting stringent regulatory requirements.
Get Full Report Here: https://www.24chemicalresearch.....com/reports/288000/
