Biobased HMDA is gaining traction as a sustainable alternative to petrochemical-derived HMDA, primarily used in producing nylon 6,6. The global HMDA market is projected to grow from USD 5.5 billion in 2023 to USD 8.5 billion by 2032, registering a CAGR of 5.4%. This growth is driven by increasing demand for eco-friendly materials in textiles and automotive applications. Production advancements focus on utilizing renewable resources like bio-based adiponitrile, enhancing sustainability. However, challenges such as feedstock availability and production costs remain. Price trends are influenced by raw material costs and demand dynamics, with expectations of gradual price increases aligning with the growing market.