N-Hexane Market :By Size, Supplier, Demand Analysis, Type, Statistics, Regions and Industry Key Manufacture

SDKI Inc. published a new report on the global N-Hexane market. This study includes the statistical and analytical approaches needed to grow the N-Hexane market. The key industry insights provided in the report provide readers with better ideas about market overviews regarding existing market scenarios. In addition, the report contains a detailed discussion of current and future market trends related to market growth.

Report sample URL
https://www.sdki.jp/sample-request-114849

The N-hexane market is estimated to reach US $ 2.37 million by 2031, from a market value of US $ 1.86 million in 2022, and is expected to grow at a CAGR of 3.1% during the 2022-2031 forecast period.

N-Hexane is an organic compound that is a colorless liquid. Extracted from crude oil, it has high flammability properties. This is why it mixes with industrial and commercial solvents. N-Hexane has a low boiling point, low solubility, and low surface tension, so it can be used in a variety of applications. In addition, N-hexane is cost-effective and recyclable, making it the preferred choice for some end applications in major industries. It is also used in various household cleansers, whose demand has skyrocketed due to the COVID-19 pandemic. This is expected to drive the growth of the N-hexane market during the forecast period.

In addition, rising demand for cooking oil is expected to drive the growth of the N-hexane market. N-Hexane is used as a solvent to extract edible oils due to the significant increase in oilseed production to meet the rapidly increasing demand for edible oils in the world population. This is driving the growth of the N-hexane market. In addition, the excellent properties of n-hexane, such as its low latent heat of vaporization, make it an ideal solvent for extracting oil from oil seeds. This also contributed to the growth of the N-hexane market during the forecast period.

In addition, the increasing use of commercially available hexanes containing 20% ​​-80% n-hexane is driving the growth of the industry. Hexane is widely used in the commercial sector in leather products, footwear adhesives, and roofing formulations. In addition, the widespread use of n-hexane in the pharmaceutical industry for a variety of end applications, from manufacturing to cleaning, creates opportunities for growth in the N-hexane market. This is due to its minimal odor, low boiling point, and versatility.

Sample URL of the report
https://www.sdki.jp/sample-request-114849

N-Hexane Market Segment

The N-Hexane market is divided by application (edible oil extraction, healthcare, industrial solvents, adhesive formulations, etc.) and by region. These segments are further subsegmented based on various factors and consist of some additional information about the market, such as the combined annual growth rate of each segment and subsegment, the market value and volume of the valuation period.

Regional Overview of the N-Hexane Market

Asia Pacific region is expected to register the largest market share during the forecast period. This can be due to an increase in population and increased demand for refined oils in countries such as China and India.

These regional segments are North America (US and Canada); Asia Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Singapore, Other Asia Pacific); Latin America (Brazil, Mexico, Argentina, etc.) Latin America); Middle East and Africa (Israel, GCC [Saudi Arabia, Arab Emirates, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, and other Middle East and Africa) and Europe (UK, Germany, France, Italy) , Spain, Hungary, Belgium, Netherlands, Luxemburg, NORDIC, Poland, Turkey, Russia and other Europe) and more.

A major key player in the N-hexane market

Key players in the N-Hexane market include Royal Dutch Shell plc, Exxon Mobil Corporation, GFS Chemicals, Inc. and Junyuan Petroleum Group. This study includes a detailed competitive analysis of these major companies in the N-Hexane market, company profiles, recent developments, and key market strategies.

Details of the survey report
https://www.sdki.jp/press-details/global-n-hexane-market/643

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This release was published on openPR.