The global hexane market is expected to grow at a CAGR of 3.5% during the forecast period, from 2021 to 2030. Hexane is a colorless, volatile liquid hydrocarbon with a boiling point of about 110°C and an odor threshold of 0.06 ppm. It is used as an industrial solvent in the production of polyurethanes and other chemicals, as well as in oil extraction and adhesives & sealants applications. The major application segments for hexane are industrial solvents (60%), adhesives & sealants (20%), and oil extractant (20%). Hexane is also used in the production of polyurethanes, which are widely used in various industries such as automotive, construction, furniture manufacturing etc, owing to their excellent properties such as high resistance to heat or cold; good chemical resistance; low toxicity; low volatility; good electrical insulation properties etc, which make them suitable for use in various industries such as automotive industry where they are used for making foam seats or soundproofing materials etc, construction industry where they are used for making foam boards or insulation materials etc, furniture manufacturing industry where they are used for making foam cushions or soundproofing materials etc, among others.
North America accounted for the largest share of the global hexane market by region due to its large consumption levels across all applications segments including industrial solvents (60%), adhesives & sealants (30%) and oil extractant (10%). Europe followed North America with a share of 27% due to its large consumption levels across all applications segments including industrial solvents (50%), adhesives & sealants (25%) and oil extractant(25%). Asia Pacific was third largest region accounting for 23% share due to its large consumption levels across all applications segments including industrial solvents(40%), adhesives & sealants(30%)and oil extractant(30%). Latin America followed Asia Pacific with 18% share due to its large consumption levels across all applications segments including industrial solvents(40%), adhesives & sealants(35%)and oil extractant(25%). Middle East And Africa accounted for 10% share due to its large consumption levels across all application segments including industrial solvents(50%),adhesive&sealants 30%,oilextractant 20%.
Some Of The Growth Factors Of This Market:
- Increasing demand for N-hexane in developing countries such as China and India is also driving the growth of the global market over the forecast period (2017 - 2025).
- Increasing use of renewable energy sources such as solar power will also drive the growth of this market over the forecast period (2017 - 2025) 5) Increasing environmental awareness among consumers will also drive this market over the forecast period (2017 - 2025).
Industry Growth Insights published a new data on “N-Hexane Market”. The research report is titled “N-Hexane Market research by Types (60% N-Hexane, 80% N-Hexane, Others), By Applications (Industrial Solvents, Edible-Oil Extractant, Adhesives & Sealants, Others), By Players/Companies Phillips 66, Exxon Mobil, Chevron Phillips Chemical, Bharat Petroleum, SK Chem, Sumitomo, Subaru Corporation, SINOPEC, CNPC, Junyuan Petroleum, Haishunde, Yufeng Chemical”.
Scope Of The Report
Report Attributes
Report Details
Report Title
N-Hexane Market Research Report
By Type
60% N-Hexane, 80% N-Hexane, Others
By Application
Industrial Solvents, Edible-Oil Extractant, Adhesives & Sealants, Others
By Companies
Phillips 66, Exxon Mobil, Chevron Phillips Chemical, Bharat Petroleum, SK Chem, Sumitomo, Subaru Corporation, SINOPEC, CNPC, Junyuan Petroleum, Haishunde, Yufeng Chemical
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global N-Hexane Market Report Segments:
The global N-Hexane market is segmented on the basis of:
Types
60% N-Hexane, 80% N-Hexane, 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
Industrial Solvents, Edible-Oil Extractant, Adhesives & Sealants, 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:
- Phillips 66
- Exxon Mobil
- Chevron Phillips Chemical
- Bharat Petroleum
- SK Chem
- Sumitomo
- Subaru Corporation
- SINOPEC
- CNPC
- Junyuan Petroleum
- Haishunde
- Yufeng Chemical
Highlights of The N-Hexane 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:
- 60% N-Hexane
- 80% N-Hexane
- Others
- By Application:
- Industrial Solvents
- Edible-Oil Extractant
- Adhesives & Sealants
- 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 N-Hexane 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
- Business Expansion Strategies
- 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?
N-Hexane is a chemical compound with the formula C6H14. It is a colorless, flammable liquid that has been used as an industrial solvent and as a fuel.
Some of the major companies in the n-hexane market are Phillips 66, Exxon Mobil, Chevron Phillips Chemical, Bharat Petroleum, SK Chem, Sumitomo, Subaru Corporation, SINOPEC, CNPC, Junyuan Petroleum, Haishunde, Yufeng Chemical.
The n-hexane market is expected to register a CAGR of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. N-Hexane Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. N-Hexane Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. N-Hexane Market - Supply Chain
4.5. Global N-Hexane Market Forecast
4.5.1. N-Hexane Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. N-Hexane Market Size (000 Units) and Y-o-Y Growth
4.5.3. N-Hexane Market Absolute $ Opportunity
5. Global N-Hexane Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. N-Hexane Market Size and Volume Forecast by Type
5.3.1. 60% N-Hexane
5.3.2. 80% N-Hexane
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global N-Hexane Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. N-Hexane Market Size and Volume Forecast by Application
6.3.1. Industrial Solvents
6.3.2. Edible-Oil Extractant
6.3.3. Adhesives & Sealants
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global N-Hexane Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. N-Hexane Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global N-Hexane Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. N-Hexane Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global N-Hexane Demand Share Forecast, 2019-2026
9. North America N-Hexane Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America N-Hexane Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America N-Hexane Market Size and Volume Forecast by Application
9.4.1. Industrial Solvents
9.4.2. Edible-Oil Extractant
9.4.3. Adhesives & Sealants
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America N-Hexane Market Size and Volume Forecast by Type
9.7.1. 60% N-Hexane
9.7.2. 80% N-Hexane
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America N-Hexane Demand Share Forecast, 2019-2026
10. Latin America N-Hexane Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America N-Hexane Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America N-Hexane Market Size and Volume Forecast by Application
10.4.1. Industrial Solvents
10.4.2. Edible-Oil Extractant
10.4.3. Adhesives & Sealants
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America N-Hexane Market Size and Volume Forecast by Type
10.7.1. 60% N-Hexane
10.7.2. 80% N-Hexane
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America N-Hexane Demand Share Forecast, 2019-2026
11. Europe N-Hexane Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe N-Hexane Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe N-Hexane Market Size and Volume Forecast by Application
11.4.1. Industrial Solvents
11.4.2. Edible-Oil Extractant
11.4.3. Adhesives & Sealants
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe N-Hexane Market Size and Volume Forecast by Type
11.7.1. 60% N-Hexane
11.7.2. 80% N-Hexane
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe N-Hexane Demand Share, 2019-2026
12. Asia Pacific N-Hexane Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific N-Hexane Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific N-Hexane Market Size and Volume Forecast by Application
12.4.1. Industrial Solvents
12.4.2. Edible-Oil Extractant
12.4.3. Adhesives & Sealants
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific N-Hexane Market Size and Volume Forecast by Type
12.7.1. 60% N-Hexane
12.7.2. 80% N-Hexane
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific N-Hexane Demand Share, 2019-2026
13. Middle East & Africa N-Hexane Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa N-Hexane Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa N-Hexane Market Size and Volume Forecast by Application
13.4.1. Industrial Solvents
13.4.2. Edible-Oil Extractant
13.4.3. Adhesives & Sealants
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa N-Hexane Market Size and Volume Forecast by Type
13.7.1. 60% N-Hexane
13.7.2. 80% N-Hexane
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa N-Hexane Demand Share, 2019-2026
14. Competition Landscape
14.1. Global N-Hexane Market: Market Share Analysis
14.2. N-Hexane Distributors and Customers
14.3. N-Hexane Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Phillips 66
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Exxon Mobil
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Chevron Phillips Chemical
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Bharat Petroleum
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. SK Chem
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Sumitomo
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Subaru Corporation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. SINOPEC
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. CNPC
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Junyuan Petroleum
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Haishunde
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Yufeng Chemical
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
