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Global Hexane Market Growth, Size, Share, Industry Report and Forecast 2021-2030
Hexane Market
The countries covered in the global hexane market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global hexane market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The hexane market consists of sales of hexane by entities (organizations, sole traders, and partnerships) that are engaged in the production of hexane. Hexane is a colorless, flammable liquid that is used as a solvent and is created from the distillation of petroleum. It is commonly used as a non-polar solvent that is very volatile, inexpensive, generally safe, and easily evaporated.
The global hexane market is expected to grow from $1.68 billion in 2020 to $1.73 billion in 2021 at a compound annual growth rate (CAGR) of 2.7%. The growth in the hexane market is mainly due to the increasing production of edible oil, prevailing use in rubber and petrochemical industry, rising demand for hexanes for various consumer products including glues, gasoline, rising purchasing power of consumers and favourable government initiatives. The market is expected to reach $2.18 billion in 2025 at a CAGR of 6%.
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Global hexane market segmentation in TBRC’s report is:
1) By Type: N-Hexane, Isohexane, Neohexane
2) By Grade: Polymer Grade, Food Grade, Other Grades
3) By Application: Industrial Solvents, Edible Oil Extractant, Adhesives and Sealants, Paints and Coatings, Others
Major players in the hexane market are Exxon Mobil Corporation, Bharat Petroleum Corporation Limited, Sumitomo Chemical Co, Mil-Spec Industries Corp, GFS Chemicals, China Petroleum & Chemical Corporation (Sinopec Corp), Rompetrol S.A., Junyuan Petroleum Group, AquaPhoenix Scientific, and Hindustan Petroleum Corporation Limited.
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The Table of Contents includes:
1. Executive Summary
2. Hexane Market Characteristics
3. Hexane Market Trends And Strategies
4. Impact Of COVID-19 On Hexane
5. Hexane Market Size And Growth
....
26. Africa Hexane Market
27. Hexane Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Hexane Market
29. Hexane Market Future Outlook and Potential Analysis
30. Appendix
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Hexane Market Set to Surge Significantly During 2031
𝐇𝐞𝐱𝐚𝐧𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 𝟐𝟎𝟑𝟏
The global hexane market was valued at US$ 1.9 Bn in 2021
It is estimated to grow at a CAGR of 3.9% from 2022 to 2031
The global hexane market is expected to reach US$ 2.9 Bn by the end of 2031
𝐑𝐞𝐚𝐝 𝐑𝐞𝐩𝐨𝐫𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰 - https://www.transparencymarketresearch.com/hexane-market.html
𝐆𝐥𝐨𝐛𝐚𝐥 𝐇𝐞𝐱𝐚𝐧𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧
Hexane, also known as n-hexane or hexyl hydride, is an aliphatic hydrocarbon derived from fractional distillation of crude oil/natural gas. It…
