n-Hexane Market | ExxonMobil Corporation, Royal Dutch Shell PLC, Indian Oil Corp. Ltd., Chevron

n-Hexane is primarily used to extract vegetable oil from crops and seeds and it is widely used with the other solvent. It is basically produced from crude oil and possess excellent properties of solubility with alcohol and is transparent in nature. They are used in the production of adhesives and sealants which have a wide range of industrial application. Moreover, they are also used as an industrial and degreasing agent. n-hexane is also used as a solvent across other industries such as rubber, leather, printing, cosmetics, ink, etc. Food, pharmaceuticals, textile, and resin production are some of the other application areas of n-hexane. Moreover, it is also used across dilution, extraction, and in liquid chromatography application.

The global n-Hexane market is projected to reach around US$ 2,189.6 million by the end of 2027, in terms of revenue, growing at CAGR of 5.8% during the forecast period (2019-2027).

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Market Taxonomy

Global n-Hexane Market, By Grade:
Oil Extraction
Pharmaceutical
Industrial

Global n-Hexane Market, By Application:
Oil Extraction
Polymerization
Pharmaceutical
Adhesives & Sealants
Industrial Cleaning & Degreasing
Rubber Processing
Others (inks, glues, leather dressings, etc.)

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Market Trends

Rising demand for polymerization grade of n-Hexane across various end-use industries such as soaps & detergents, wastewater treatment chemicals, and tea-leaf processing is gaining traction in the market. Its polymerization grade is also used across pre-metal treatment chemicals and hence growing investment in the chemical industry will favor the market growth over the forecast period.

Growing demand for n-Hexane as an industrial solvent across the cosmetic &personal care industry is expected to propel the market growth over the forecast period. They are also used in the production of footwear industry due to its excellent solubility with alcohol, ether, and chloroform, and colorless nature. This is projected to fuel market growth.

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