Hexane Market Size By Regional Analysis(Europe, Asia Pacific, America, Middle East And Africa), By Demand & COVID-19 Impact Analysis, By Type, By Applications And Forecasts 2023 - 2030
Report Overview
The market research report is created with a compilation of analytical research based on historic records, current statistics, and future predictions. The report contains details on the leading players operating in the Hexane market including various factors related to and dependent influencing the market growth.
Hexane is an alkane of six carbon atoms, with the chemical formula C6H14. The term may refer to any of the five structural isomers with that formula, or to a mixture of them. Hexane is an organic compound made of carbon and hydrogen that is most commonly isolated as a byproduct of petroleum and crude oil refinement. At room temperature it is an odorless, colorless liquid.
The major use for solvents containing hexane is to extract vegetable oils from crops such as soybeans, flax, peanuts, and safflower seed. They are also used as cleaning agents in the textile, furniture, shoemaking, and printing industries, particularly rotogravure printing. Hexane is also an ingredient of special glues that are used in the roofing, shoe, and leather industries. Hexane is used in binding books, working leather, shaping pills and tablets, canning, manufacturing tires, and making baseballs.
The global production of hexane increases from 556.1 K MT in 2010 to 782.6 K MT in 2014, with an average growth rate of more than 8.21%. Asia is the major manufacturing market in the world with more than half of the global total production volume, especially China, which holds 32.24% in 2014. Shell is the world leader, which holds the 14.02% production market share in 2014. Phillipes 66 is the second biggest manufacturer with production of 47.6 K MT in 2014 and SINOPEC is the China leader with production share of 5.20% in 2014.
Hexane downstream is main edible-oil extractant and industrial solvents. China is the major consumption market in the world. America costs 17.06% of global hexane, while Asia (except China) holds 19.40% of the global consumption market share in 2014. Due to the pollution during the process and the toxicity of hexane, the import and export is not too much.
This industry is affected by the economy and policy, so it\'s important to put an eye to economic indexes and leaders\' prefer.
Global Hexane market size will increase to xx Million US$ by 2030, from xx Million US$ in 2020, at a CAGR of xx% during the forecast period. In this study, 2023 has been considered as the base year and 2023 to 2030 as the forecast period to estimate the market size for Hexane.
The report is prepared using analytical methods such as SWOT (strengths, weaknesses, opportunities, and threats)) analysis, PESTEL Analysis, Porter\'s Five Force Analysis, and value chain analysis. These methods provide a clear view of the market structure and analyze competition at a global level. They also provide detailed information on each segment in the global Hexane market.
The aim of the report is to interpret the market sizes of various segments and countries for the forecast period. The study includes the qualitative and quantitative analysis of the market. The report analyses the Hexane market on a regional and global level with a deep analysis of macro-and micro-economic factors impacting the growth of the market. This report also includes market information related to the latest industry trends, market developments, and analysis of products and end users contributing to market growth. An in-depth study of the current market scenario, major driving factors, and restraining factors for the market are also included in the report.
The Hexane market report includes information related to market segmentation, market size and revenue forecasts, and regional forecasts along with information about the leading market players operating in the market, company revenue shares and, their recent developments. The market is classified regionally on country-level into North America, Europe, Asia Pacific, the Middle East and Africa, and South America.
Scope of the Hexane Market:
The major competitors working in the market are:
, Shell, Phillipes 66, Exxon Mobil, Chevron Phillips Chemical, Bharat Petroleum, SK Chem, Sumitomo, Fuji Heavy Industries, SINOPEC, Yangzi Chemical, Yufeng Chemical, Liangxin Petrochemical, CNPC, Junyuan Petroleum, HeLiShi Petroleum, Jihua Group, Yanshan Petrochemical, ZT League Chemical
Market by Order Type
N-hexane
Isohexane
Neohexane
Hexane Data by Application
Industrial Solvents
Edible-oil Extractant
Adhesives & Sealants
Others
Hexane Production Regions Covered in the Report are:
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Rest of the World
The information about the Hexane market is obtained from several sources such as company websites, journals, annual reports, which were then assessed and verified by the industry experts. The information is represented in the form of diagrams, charts, pie charts, and infographics, which helps in a better understanding of the market.
Objectives of Hexane Market Report:
- To analyze the factors driving the market growth including supply chain analysis, price analysis along with other analytical methods
- To provide an in-depth analysis of the Hexane market with information on various segment and sub-segments
- To provide a regional analysis and global analysis for the Hexane market size and their forecasts
- To provide strategic profiles of the key players operating in the Hexane market, their key competencies, and market competition
- To provide a competitive scenario about the key factors driving, restraining, and challenging the market growth.
- The impact of COVID-19 pandemic on the Hexane market
Target Audiences for Hexane Market:
- Investors
- Investment Bankers
- Key Consulting Companies and Advisors
- Venture Capitalists
- Large, Medium-sized, and Small enterprises
Customization:
We also provide customized reports according to customer\'s specific requirements. We also provide customization for regional and country-level reports individually.
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