Latest Market Research Trends Hexamine Market Share, Distributor Analysis 2021
Hexamine Market Share, Distributor Analysis,
Development Trends 2021
“Hexamine industry is segmented into rubber
industry, explosives industry, paper/cellulose
industry, fuel industry, organic synthesis industry,
leather industry and metal industry, based on
application. ”
Global hexamine market is anticipated to grow at a higher CAGR in the forecast period since the market is predicted
to be much stable in the forecast period owing to competitive trend. Generally, hexamine is a stable heterocyclic
organic compound and also known as methenamine, formamine or urotropin.
Characteristically, hexamine is white in color & is easily soluble in water and polar solvents. It acts as a base in certain
cases as an amine compound. Hexamine can be produced at an industrial level by reaction between formaldehyde and
ammonia in aqueous or gaseous phase. It is corrosive to some metals comprising aluminum and zinc. It is also
categorized as a toxic chemical substance that may cause severe health issues in case of constant exposure.
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Overall, with the constant use in various domains, the hexamine industry is anticipated to rise at a higher CAGR in the
assessment period. Hexamine industry is driven by factors such as growingend-use applications. Additionally,
hexamine is widely used in a wide range of industries such as pharmaceuticals, paints and coatings, adhesives,