Market Overview:
The global heptane solvent market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for heptane solvents from various end-use industries, such as pharmaceutical intermediates, electronics, industrial solvents, and others. Heptane 95%, heptane 97%, and other types are the key segments of the global heptane solvent market. The other type segment is projected to grow at a higher CAGR than the other two segments during the forecast period. This growth can be attributed to its growing use in various end-use industries, such as pharmaceuticals and cosmetics.
Product Definition:
Heptane is a colorless, flammable liquid with a characteristic petroleum-like odor. It is insoluble in water but miscible with most organic solvents. Heptane is used as an industrial solvent and as a component of gasoline.
Heptane 95%:
Heptane is a flammable, colorless and volatile liquid with an odor similar to gasoline. It is also known as octane number 7. Heptanes are produced by the catalytic cracking of paraffin waxes at 200-300 °C under high pressure and temperature in the presence of a catalyst. The major raw materials used for heptane production include crude oil, soybean oil, palm kernel oil and animal fats (bovine).
Heptane 97%:
Heptane is a flammable, colorless and volatile liquid with a strong odor. It is produced by the fractionation of crude oil. The major sources of heptane are the cracking of heavy oils and coal tar; while minor sources include soybean oil, palm kernel oil, rapeseed/tallow greases and recycled petrochemicals.
Application Insights:
The industrial solvent segment dominated the global heptane solvent market in terms of revenue share in 2017. Industrial applications of heptane include oil & gas, paints & coatings, pharmaceuticals, and others such as adhesives and sealants. The demand for heptane industrial solvents is expected to grow on account of their increasing use in chemical manufacturing from Europe and North America. In addition, growing demand for these products from Asia Pacific countries including China and India will drive the growth over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing foreign investments in the region. The growth can be attributed to rising production of pharmaceuticals, electronics, and other such products that require heptane solvent as a key ingredient.
The presence of various end-use industries coupled with growing demand for high performance polymers in developed economies such as U.S., Canada, Germany, UK is anticipated to augment industry growth over the forecast period.
Growth Factors:
- Increasing demand from end-use industries such as paints and coatings, adhesives and sealants, and printing inks
- Rising demand for heptane solvent in emerging countries due to the growth of their economies and the expansion of their manufacturing sectors
- Growing use of heptane solvent in various applications such as solvents, diluents, thinners, de-greasers etc.
- Technological advancements that have led to the development of new products with better performance characteristics
- Stringent environmental regulations governing volatile organic compound (VOC) emissions
Scope Of The Report
Report Attributes
Report Details
Report Title
Heptane Solvent Market Research Report
By Type
Heptane 95%, Heptane 97%, Others
By Application
Pharmaceutical Intermediates, Electronics, Industrial Solvents, Others
By Companies
SK, Shell, Haltermann Carless, Chevron Phillips Chemical, ExxonMobil, Total, Mitsubishi Shoji Chemical, Eni, Phillips 66, Cepsa, Galp Energia, Chuzhou Runda Solvents, Liyang Liancheng, Wuyang Chemical, Hai Shunde, DHC Solvent Chemie GmbH, ZT League
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
189
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Heptane Solvent Market Report Segments:
The global Heptane Solvent market is segmented on the basis of:
Types
Heptane 95%, Heptane 97%, Others
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
Pharmaceutical Intermediates, Electronics, Industrial Solvents, Others
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:
- SK
- Shell
- Haltermann Carless
- Chevron Phillips Chemical
- ExxonMobil
- Total
- Mitsubishi Shoji Chemical
- Eni
- Phillips 66
- Cepsa
- Galp Energia
- Chuzhou Runda Solvents
- Liyang Liancheng
- Wuyang Chemical
- Hai Shunde
- DHC Solvent Chemie GmbH
- ZT League
Highlights of The Heptane Solvent 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:
- Heptane 95%
- Heptane 97%
- Others
- By Application:
- Pharmaceutical Intermediates
- Electronics
- Industrial Solvents
- Others
- 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 Heptane Solvent 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Heptane solvent is a type of organic solvent that is made up of seven carbon atoms. Heptane can be used to dissolve many different types of substances, including oils, waxes, and plastics.
Some of the major companies in the heptane solvent market are SK, Shell, Haltermann Carless, Chevron Phillips Chemical, ExxonMobil, Total, Mitsubishi Shoji Chemical, Eni, Phillips 66, Cepsa, Galp Energia, Chuzhou Runda Solvents, Liyang Liancheng, Wuyang Chemical, Hai Shunde, DHC Solvent Chemie GmbH, ZT League.
The heptane solvent 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 Heptane Solvent 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 Heptane Solvent Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Heptane Solvent 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 Heptane Solvent 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 Heptane Solvent Market Size & Forecast, 2020-2028
4.5.1 Heptane Solvent Market Size and Y-o-Y Growth
4.5.2 Heptane Solvent 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 Heptane 95%
5.2.2 Heptane 97%
5.2.3 Others
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 Pharmaceutical Intermediates
6.2.2 Electronics
6.2.3 Industrial Solvents
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Heptane Solvent 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 Heptane Solvent 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 Heptane 95%
9.6.2 Heptane 97%
9.6.3 Others
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 Pharmaceutical Intermediates
9.10.2 Electronics
9.10.3 Industrial Solvents
9.10.4 Others
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 Heptane 95%
10.6.2 Heptane 97%
10.6.3 Others
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 Pharmaceutical Intermediates
10.10.2 Electronics
10.10.3 Industrial Solvents
10.10.4 Others
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 Heptane 95%
11.6.2 Heptane 97%
11.6.3 Others
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 Pharmaceutical Intermediates
11.10.2 Electronics
11.10.3 Industrial Solvents
11.10.4 Others
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 Heptane 95%
12.6.2 Heptane 97%
12.6.3 Others
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 Pharmaceutical Intermediates
12.10.2 Electronics
12.10.3 Industrial Solvents
12.10.4 Others
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 Heptane 95%
13.6.2 Heptane 97%
13.6.3 Others
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 Pharmaceutical Intermediates
13.10.2 Electronics
13.10.3 Industrial Solvents
13.10.4 Others
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 Heptane Solvent Market: Competitive Dashboard
14.2 Global Heptane Solvent Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SK
14.3.2 Shell
14.3.3 Haltermann Carless
14.3.4 Chevron Phillips Chemical
14.3.5 ExxonMobil
14.3.6 Total
14.3.7 Mitsubishi Shoji Chemical
14.3.8 Eni
14.3.9 Phillips 66
14.3.10 Cepsa
14.3.11 Galp Energia
14.3.12 Chuzhou Runda Solvents
14.3.13 Liyang Liancheng
14.3.14 Wuyang Chemical
14.3.15 Hai Shunde
14.3.16 DHC Solvent Chemie GmbH
14.3.17 ZT League
