Market Overview:
The global ethyl hexanoate market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for ethyl hexanoate from various applications, such as food industry, wine, tobacco and other applications. In terms of volume, Asia Pacific is expected to lead the global ethyl hexanoate market during the forecast period.
Product Definition:
Ethyl Hexanoate is the ester of Ethanol and Hexanoic acid. It is a colorless liquid that is used as a solvent and flavoring agent.
Natural Ethyl Hexanoate:
Natural ethyl hexanoate, also known as n-ethylhexanoate or toc-2-en-1 -thiol, is an organic compound that is used in the manufacturing of flavors and fragrances. It has a characteristic odor similar to that of vanilla and can be used as a replacement for normal butyryl glycol (NGB). Natural ethyl hexanoate (NEH) can also be blended into other chemicals to produce biofuel.
Synthetic Ethyl Hexanoate:
Synthetic ethyl hexanoate is a colorless liquid with an odor similar to gasoline. It is used as a solvent in the manufacturing of cosmetics, pharmaceuticals, and agrochemicals. The product also serves as an intermediate for chemicals that are used in the production of nylon resins and synthetic rubber.
Application Insights:
The other applications segment includes personal care, textile and leather, printing inks, pharmaceuticals and nutraceuticals. Other major applications include food industry as well as wine making. The demand for ethyl hexanoate from the food industry is expected to witness a CAGR of XX% over the forecast period owing to its increasing use in producing various edible products such as bakery goods, dairy products and fats & oils among others. It is also used in cosmetics application due to its excellent properties including UV protection which makes it suitable for outdoor exposure without degradation of color or quality.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and accounted for over 45% of the total revenue share. The region is expected to continue its dominance over the forecast period as a result of high product demand from various application industries, especially food and beverage, tobacco, and other industries. China is one of the major countries contributing to regional ethyl hexanoate market growth on account of increasing product consumption in end-use applications such as plasticizers, lubricants & additives, adhesives & sealants.
The Middle East & Africa region is anticipated to witness significant growth during the forecast period owing to rising ethylhexanol production capacity coupled with growing downstream activities in this region.
Growth Factors:
- Increasing demand for ethyl hexanoate in various end-use industries such as cosmetics, flavors and fragrances, pharmaceuticals, and others is expected to drive the growth of the ethyl hexanoate market during the forecast period.
- The increasing demand for high-quality products with longer shelf life is also projected to fuel the growth of the ethyl hexanoate market in near future.
- Growing awareness about benefits of using ethyl hexanoate in various end-use applications is another key factor that would propel the growth of this market during forecast period.
- Stringent government regulations regarding use of synthetic solvents are anticipated to hamper the growth rate of this market to some extent during forecast period; however, it would not affect overall demand for ethyl hexanoate significantly over next few years. 5) Emerging economies are expected to offer lucrative opportunities for players operating in global Ethyl Hexanoate market due to growing industrialization and rising disposable income levels among consumers there
Scope Of The Report
Report Attributes
Report Details
Report Title
Ethyl Hexanoate Market Research Report
By Type
Natural Ethyl Hexanoate, Synthetic Ethyl Hexanoate
By Application
Food Industry, Wine, Tobacco, Other applications
By Companies
Toyo Gosei, Elan Inc., Shanghai Bojing Chemical, Henan Kingway Chemicals, hexing spices, Yancheng Chaina Biotechnology Co.,Ltd., New Sunlion Chemical Group, Jiangsu Lemon Chemical & Technology, kaifeng baichuan huibao xiangliao gongsi, Toyo Gosei
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
228
Number of Tables & Figures
160
Customization Available
Yes, the report can be customized as per your need.
Global Ethyl Hexanoate Market Report Segments:
The global Ethyl Hexanoate market is segmented on the basis of:
Types
Natural Ethyl Hexanoate, Synthetic Ethyl Hexanoate
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food Industry, Wine, Tobacco, Other applications
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Toyo Gosei
- Elan Inc.
- Shanghai Bojing Chemical
- Henan Kingway Chemicals
- hexing spices
- Yancheng Chaina Biotechnology Co.,Ltd.
- New Sunlion Chemical Group
- Jiangsu Lemon Chemical & Technology
- kaifeng baichuan huibao xiangliao gongsi
- Toyo Gosei
Highlights of The Ethyl Hexanoate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Natural Ethyl Hexanoate
- Synthetic Ethyl Hexanoate
- By Application:
- Food Industry
- Wine
- Tobacco
- Other applications
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ethyl Hexanoate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Ethyl hexanoate is a chemical compound with the molecular formula C8H16O2. It is a colorless, volatile liquid that has a sweet odor. Ethyl hexanoate is used in cosmetics and as an ingredient in fragrances.
Some of the major players in the ethyl hexanoate market are Toyo Gosei, Elan Inc., Shanghai Bojing Chemical, Henan Kingway Chemicals, hexing spices, Yancheng Chaina Biotechnology Co.,Ltd., New Sunlion Chemical Group, Jiangsu Lemon Chemical & Technology, kaifeng baichuan huibao xiangliao gongsi, Toyo Gosei.
The ethyl hexanoate market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ethyl Hexanoate Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Ethyl Hexanoate Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Ethyl Hexanoate Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Ethyl Hexanoate Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Ethyl Hexanoate Market Size & Forecast, 2020-2028 4.5.1 Ethyl Hexanoate Market Size and Y-o-Y Growth 4.5.2 Ethyl Hexanoate Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Natural Ethyl Hexanoate
5.2.2 Synthetic Ethyl Hexanoate
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food Industry
6.2.2 Wine
6.2.3 Tobacco
6.2.4 Other applications
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ethyl Hexanoate Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Ethyl Hexanoate Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Natural Ethyl Hexanoate
9.6.2 Synthetic Ethyl Hexanoate
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food Industry
9.10.2 Wine
9.10.3 Tobacco
9.10.4 Other applications
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Natural Ethyl Hexanoate
10.6.2 Synthetic Ethyl Hexanoate
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food Industry
10.10.2 Wine
10.10.3 Tobacco
10.10.4 Other applications
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Natural Ethyl Hexanoate
11.6.2 Synthetic Ethyl Hexanoate
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food Industry
11.10.2 Wine
11.10.3 Tobacco
11.10.4 Other applications
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Natural Ethyl Hexanoate
12.6.2 Synthetic Ethyl Hexanoate
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food Industry
12.10.2 Wine
12.10.3 Tobacco
12.10.4 Other applications
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Natural Ethyl Hexanoate
13.6.2 Synthetic Ethyl Hexanoate
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food Industry
13.10.2 Wine
13.10.3 Tobacco
13.10.4 Other applications
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Ethyl Hexanoate Market: Competitive Dashboard
14.2 Global Ethyl Hexanoate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Toyo Gosei
14.3.2 Elan Inc.
14.3.3 Shanghai Bojing Chemical
14.3.4 Henan Kingway Chemicals
14.3.5 hexing spices
14.3.6 Yancheng Chaina Biotechnology Co.,Ltd.
14.3.7 New Sunlion Chemical Group
14.3.8 Jiangsu Lemon Chemical & Technology
14.3.9 kaifeng baichuan huibao xiangliao gongsi
14.3.10 Toyo Gosei