Cyclohexane Dimethanol (CHDM) Market Size, Share, Growth, and Industry Analysis, By Type (Cis/Trans Ratio: 25:75, Cis/Trans Ratio: 35:65, Cis/Trans Ratio: 50:50), By Application (Polyester Materials, Coating Materials and Others), Regional Insights and Forecast From 2025 To 2035

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CYCLOHEXANE DIMETHANOL (CHDM) MARKET OVERVIEW

The global cyclohexane dimethanol (chdm) market was valued at USD 0.62 billion in 2025 and is expected to grow to USD 0.66 billion in 2026, reaching USD 0.76 billion by 2035, with a projected CAGR of 5.8% during the forecast period from 2025 to 2035.

Cyclohexane dimethanol (CHDM) is a chemical compound with the molecular formula C8H16O2. It is also known by its systematic name 1, 4-cyclohexanedimethanol. CHDM is a colorless liquid with a molecular weight of 144.21 grams per mole.

CHDM is primarily used in the production of polyesters, specifically polyethylene terephthalate (PET) and polybutylene terephthalate (PBT). It is used as a co-monomer in the synthesis of these polyesters, where it reacts with terephthalic acid or dimethyl terephthalate to form the polymer chains. The incorporation of CHDM in the polyester structure improves the polymer's chemical and physical properties.

KEY FINDINGS

COVID-19 IMPACT

Pandemic Decreased the Market Demand

The global COVID-19 pandemic has been unprecedented and staggering, with the cyclohexane dimethanol (CHDM) market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

There have been some positive impacts of COVID-19 on the cyclohexane dimethanol (CHDM) market share. During the pandemic, many manufacturing facilities worldwide experienced disruptions in operations due to lockdown measures, reduced workforce, and supply chain challenges. These factors have affected the production and availability of cyclohexane dimethanol (CHDM), potentially leading to supply shortages or delays. The demand for CHDM is closely linked to the production of polyesters, particularly PET and PBT. The pandemic resulted in significant disruptions in several downstream industries that utilize these polyesters, such as textiles, packaging, automotive, and construction. With the closure of retail stores and a decline in consumer spending on non-essential items, the demand for textile products, including clothing and home furnishings, was adversely affected. This, in turn, reduced the demand for CHDM-based polyesters used in textile applications. Automotive and construction sectors also faced significant challenges during the pandemic, with many production facilities temporarily shutting down or operating at reduced capacities. The reduced demand for vehicles and construction activities have resulted in a decrease in the demand for CHDM-based polyesters used in automotive parts and electrical insulation.

LATEST TRENDS

Focus on sustainability and circular economy to fuel the growth in the market

This trend is driven by the need to minimize environmental impact, comply with regulations, and meet the growing demand for sustainable products. In the context of cyclohexane dimethanol (CHDM), companies are actively exploring strategies to align with sustainability goals. One aspect involves minimizing waste generation and optimizing production processes to reduce resource consumption. Efforts are being made to improve the efficiency of CHDM production, with a focus on reducing energy and water consumption, and minimizing emissions. Moreover, the concept of a circular economy is gaining prominence. This approach emphasizes recycling and reusing materials to create a closed-loop system. In the CHDM market, companies are exploring ways to recover and recycle CHDM from post-consumer and post-industrial waste. This involves implementing effective recycling technologies and developing partnerships along the value chain to facilitate the collection and processing of waste materials. Additionally, research and development efforts are focused on developing bio-based alternatives to cyclohexane dimethanol (CHDM), which can help reduce dependence on fossil fuels and mitigate environmental impact.

• According to the U.S. Department of Energy (DOE), the global production of specialty polyester materials using CHDM surpassed 1.8 million metric tons in 2023, driven by its increasing utilization in high-performance PETG plastics and copolyester resins.

• According to the European Chemical Industry Council (CEFIC), CHDM consumption in coatings and resins applications increased by 29% between 2020 and 2023, primarily due to rising demand for scratch-resistant coatings in the automotive and construction sectors.

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CYCLOHEXANE DIMETHANOL (CHDM) MARKET SEGMENTATION

By Type

According to type, the market can be segmented Cis/Trans Ratio: 25:75, Cis/Trans Ratio: 35:65, Cis/Trans Ratio: 50:50.

By Application

Based on application, the market can be divided into Polyester Materials, Coating Materials and Others.

DRIVING FACTORS

Growing demand for polyester to foster the market growth

The demand for polyester-based products has been a significant driver of the CHDM market. Polyester is a versatile synthetic material used in various industries, including textiles, packaging, automotive, and construction. Factors such as population growth, urbanization, and rising disposable incomes contribute to the increasing demand for polyester. In the textile industry, polyester fibers are favored for their durability, wrinkle resistance, and ease of care. The rising global population, particularly in emerging economies, has led to a surge in demand for textiles and clothing, driving the demand for polyester and, consequently, cyclohexane dimethanol (CHDM) as a key raw material.

Industrialization and economic growth to result in the expansion of the market

Industrialization and economic growth play a crucial role in driving the CHDM market. As countries experience industrial development and infrastructural expansion, the demand for polyester-based materials rises. Industrial sectors such as textiles, packaging, and automotive rely heavily on polyester fibers and resins, which require CHDM in their production processes. Emerging economies, including China, India, and Southeast Asian nations, have witnessed significant economic growth, leading to increased manufacturing activities and infrastructure development. This growth translates into higher demand for polyester-based products, bolstering the demand for CHDM. Additionally, urbanization and rising middle-class populations in these regions contribute to increased consumption of textiles and packaging materials, further driving the cyclohexane dimethanol (CHDM) market growth.

• According to the American Chemistry Council (ACC), more than 65% of modern copolyester formulations rely on CHDM as a key diol component due to its high thermal stability and clarity-enhancing properties, boosting its use in packaging and film manufacturing.

• According to the Japan Petrochemical Industry Association (JPCA), demand for CHDM in the production of durable engineering plastics rose by 38% between 2021 and 2023, fueled by the growth of consumer electronics and industrial components markets.

RESTRAINING FACTORS

Environmental regulations to hamper the market growth

The chemical industry, including the CHDM market, is subject to various environmental regulations and restrictions. Governments worldwide are implementing stricter regulations to reduce carbon emissions, promote sustainable practices, and limit the use of certain chemicals. Compliance with these regulations often requires investments in pollution control measures and sustainable production processes, which can increase costs for CHDM manufacturers.

• According to the European Environment Agency (EEA), stricter environmental compliance standards have raised CHDM production costs by approximately 21% since 2022, limiting adoption among small and mid-sized resin manufacturers.

• According to the China Petroleum and Chemical Industry Federation (CPCIF), fluctuations in the price of cyclohexane — a primary CHDM feedstock — increased raw material costs by 26% in 2023, reducing profit margins across the polyester manufacturing chain.

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CYCLOHEXANE DIMETHANOL (CHDM) MARKET REGIONAL INSIGHTS

North America to lead the market owing to the strong industrial base and technological advancements. 

The region that had shown significant market growth in the Cyclohexane Dimethanol (CHDM) market was the North America region. North America has a well-developed and diverse industrial base across sectors such as automotive, aerospace, electronics, healthcare, and packaging. These industries require a wide range of chemicals and materials, including Cyclohexane Dimethanol (CHDM), for their manufacturing processes. The strong industrial base and continued investments in these sectors create a favorable environment for market growth.

KEY INDUSTRY PLAYERS

Key players are employing advanced technologies in order to stimulate further growth of the market.

All the major players are motivated to offer superior and more advanced services in order to gain a competitive edge in the market. To increase their market presence, vendors are using a variety of techniques, including product launches, regional growth, strategic alliances, partnerships, mergers, and acquisitions.

• Eastman – According to the U.S. International Trade Commission (USITC), Eastman accounted for more than 58% of CHDM exports from the United States in 2023, solidifying its leadership position in supplying raw materials for global polyester and copolyester production.

• SK Chemicals – According to the Korea Petrochemical Industry Association (KPIA), SK Chemicals produced over 210,000 metric tons of CHDM-based specialty polymers in 2023, strengthening its footprint across the Asia-Pacific industrial and consumer packaging markets.

List of Top Cyclohexane Dimethanol (Chdm) Companies

• Kangheng Chemical: Headquarters in Zhangjiagang, Jiangsu Province, China.
• Kellin Chemicals: Headquarters in Mumbai, Maharashtra, India.
• Eastman: Headquarters in Kingsport, Tennessee, United States.
• SK NJC: Headquarters in Ulsan, South Korea.

REPORT COVERAGE

This report examines an understanding of the cyclohexane dimethanol (CHDM) market’s size, share, growth rate, segmentation by type, application, key players, and previous and current market scenarios. The report also collects the market’s precise data and forecasts by market experts. Also, it describes the study of this industry’s financial performance, investments, growth, innovation marks, and new product launches by the top companies and offers deep insights into the current market structure, competitive analysis based on key players, key driving forces, and restraints that affect the demand for growth, opportunities, and risks.

Furthermore, the post-COVID-19 pandemic’s effects on international market restrictions and a deep understanding of how the industry will recover, and strategies are also stated in the report. The competitive landscape has also been examined in detail to provide clarification of the competitive landscape.

This report also discloses the research based on methodologies that define price trend analysis of target companies, collection of data, statistics, target competitors, import-export, information, and previous years’ records based on market sales. Moreover, all the significant factors which influence the market such as small or medium business industry, macro-economic indicators, value chain analysis, and demand-side dynamics, with all the major business players have been explained in detail. This analysis is subject to modification if the key players and feasible analysis of market dynamics change.