Press release
Heptane Solvent Market to 2027, Future Outlook, COVID-19 Impact Analysis, Forecast 2021-2027
Heptane solvent is a straight chain, colorless, non-polar, volatile organic liquid with characteristic such as petroleum odor, and belongs to alkane hydrocarbon family. The solvent iswidely used in several industries such as pharmaceuticals, plastic & polymers, electronics, adhesive & sealants, textile & industrial cleaning and paints & coatings. Additionally, in anti-knock engine testing it is used as a testing fuel component.A full report of Heptane Solvent Market is available at: https://www.omrglobal.com/industry-reports/heptane-solvent-market
The global heptane solvent market size was valued $121M in year 2020 and it was expected to reach $150.9M by year 2027, with a registering CAGR of 3.2% during the forecast period 2021-2027. Geographically, the global heptane market was dominated by China during the estimated period by registering the lucrative growth with reference to its end user industries. To propel the heptane market globally, several dynamics significantly focus to expand the growth of the market which includes- Increase in demand of Heptane in numerous industries such as Pharmaceuticals, Adhesive & Coatings, Cleaning Agent and Paints & Coatings which significantly expected to expand the Global Heptane Solvent Market. Rise in production and manufacturing capacity of heptane and enactment of various standards on solvents, such as aromatic solvents while increasing the efficiency of plants will expected to enhance the demand for Heptane in the market.
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Along with this, the application segment of global heptane solvent market is expected to drive the market with significant pace such as- In pharmaceutical industries, Heptane was majorly employed in the process of purification of pharmaceutical products and some other synthetic organics. The growing pharmaceutical industry and expansion in the demand for heptane in pharmaceutical application is expected to drive the subsequent growth of the market. High consumption of heptane is incorporated in paints, coatings and adhesives for various usage in automotive, electronics, and construction application which is anticipated to expand the demand for heptane with subsequent growth of the global heptane solvent market.
Market Coverage
• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered-
o By Purity Type
o By Application
• Competitive Landscape- Exxon Mobil Corp., Royal Dutch Shell Plc., SK Global Chemical Co. Ltd., HCS Group, Chevron Phillips Chemical Company, Sankyo Chemical Co. Ltd., Hanwha Total Petrochemical Company Ltd., DHC Solvent Chemie GmbH, Merck Millipore ltd., Gadiv Petrochemical Industries Ltd.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominates the market in base year?
• Which segment and region will project fastest growth in the market?
• How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Heptane Solvent Market Report Segment
By Purity Type
• 99%
By Application
• Pharmaceuticals
• Paints & Coatings
• Electronics
• Adhesives & Sealants
• Plastic & Polymers
• Others
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Heptane Solvent Market– Segment by Region
North America
• United States
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America
Company Profiles
• Exxon Mobil Corp.
• Royal Dutch Shell Plc.
• SK Global Chemical Co. Ltd.
• HCS Group
• Chevron Phillips Chemical Company
• Sankyo Chemical Co. Ltd.
• Hanwha Total Petrochemical Company Ltd.
Reasons to Buying From us –
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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