Cyclohexane Dimethanol (CHDM) Market Share Driven by Polymer Demand and Advanced Coating Applications | Valuates Reports

Cyclohexane Dimethanol (CHDM) Market Size
The global Cyclohexane Dimethanol (CHDM) market was valued at US$ 585 million in 2023 and is anticipated to reach US$ 853 million by 2030, witnessing a CAGR of 5.7% during the forecast period 2024-2030.

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The Cyclohexane Dimethanol (CHDM) market is experiencing steady market growth as manufacturers expand the use of high-performance polyester and coating materials. Rising demand for advanced polymers with enhanced durability and improved optical and mechanical properties is strengthening the market size. Shifts in industrial production, increasing consumer interest in higher-grade polyester products, and investment in specialty chemical manufacturing are among the key market trends influencing market share across global supply chains.

Based on type, the Cis/Trans Ratio 35:65 segment holds the largest market share due to its favorable balance of processing efficiency and end-use performance, making it widely used in polyester applications. The 50:50 segment is gaining traction as industries adopt formulations that offer greater customization in resin behavior and product performance. Other types remain important in specialty applications where manufacturers seek tailored molecular characteristics to meet innovation-focused material specifications. The market size for type categories continues expanding as new formulations enter commercial production.

In terms of application, polyester materials represent the dominant segment in market share, supported by their use in high-clarity packaging, engineering plastics, and industrial fabrics. Increasing adoption of performance-grade polyester in automotive, electronics, and consumer products is fueling the market growth of this segment. Coating materials are registering strong momentum as industrial users require greater chemical resistance, surface protection, and advanced finishing properties. Both segments are shaped by ongoing market trends favoring lightweight materials, improved reliability, and sustainability-aligned manufacturing.

Major companies operating in the market include Eastman, SK Chemicals, Kangheng Chemical, and Kellin Chemicals. Eastman maintains a leading position in market share through a diversified product portfolio and large-scale global manufacturing capacity. SK Chemicals is expanding its presence through strategies centered on advanced polymer development and environmentally focused product innovation. Kangheng Chemical and Kellin Chemicals continue to strengthen their positions through competitive production capabilities and increasing participation in regional and international supply networks. These companies drive market growth through sustained research initiatives, supply stability, and value-focused customer solutions.

Regionally, North America and Asia-Pacific account for significant consumption due to strong industrial production, advanced chemical infrastructure, and broad adoption of high-performance polyester materials. China and South Korea play major roles in production, while Europe demonstrates steady demand driven by the coatings and specialty chemical sectors. Emerging markets in Southeast Asia and Latin America show increasing industrial activity, supporting future market forecast improvements. The overall outlook for the Cyclohexane Dimethanol market remains positive, with innovation in material science, sustainable processing, and industrial expansion expected to reinforce long-term market growth and strengthen global market share.

by Type

• Cis/Trans Ratio: 35:65
• Cis/Trans Ratio: 50:50
• Others

by Application

• Polyester Materials
• Coating Materials

By Company

Eastman, SK Chemicals, Kangheng Chemical, Kellin Chemicals

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