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N-Hexane Market Set to Reach $1,132 Million by 2030: Fueling Growth in Industrial Applications

11-22-2024 09:49 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: QYResearch Inc.

N-Hexane Market Set to Reach $1,132 Million by 2030: Fueling

Los Angeles-United State: QY Research has recently published a research report titled, "Global N-Hexane Market Research Report 2024" assessing various factors impacting its trajectory. The global N-Hexane market report offers a high-quality, accurate, and comprehensive research study to equip players with valuable insights for making strategic business choices. The research analysts have provided deep segmental analysis of the global N-Hexane market on the basis of type, application, and geography. The vendor landscape is also shed light upon to inform readers about future changes in the market competition. As part of competitive analysis, the report includes detailed company profiling of top players of the global N-Hexane market. Players can also use the value chain analysis and Porter's Five Forces analysis offered in the report for strengthening their position in the global N-Hexane market.

The global N-Hexane market was valued at US$ 920 million in 2023 and is anticipated to reach US$ 1132 million by 2030, witnessing a CAGR of 3.2% during the forecast period 2024-2030.

Download PDF Sample Copy for N-Hexane Research Report: https://www.qyresearch.com/sample/2115143

n-Hexane is widely used as a solvent in various industrial applications, including the extraction of vegetable oils, cleaning agents, and in the formulation of adhesives and coatings. Due to its low boiling point and volatility, it is effective in processes requiring rapid evaporation. However, exposure to n-Hexane can pose health risks, particularly to the nervous system, which has led to regulations on its use.

The most common production method of n-Hexane involves the distillation of crude oil, where it is separated into various hydrocarbon fractions. n-Hexane is typically found in the C5-C6 fraction of the distillate. This fraction is further refined through processes like fractional distillation, where n-Hexane is separated from other hydrocarbons based on differences in boiling points.

Market Drivers for n-Hexane:

(1) Industrial Demand: n-Hexane is widely used as a solvent in the extraction of vegetable oils, particularly in the food industry. The growing demand for edible oils, especially in developing countries, is driving the need for n-Hexane in extraction processes.

(2) Growth in Adhesives and Coatings: The increasing use of n-Hexane in the production of adhesives, coatings, and sealants across various industries-such as automotive, construction, and consumer goods-contributes significantly to market growth.

(3) Pharmaceutical Applications: n-Hexane is utilized in the pharmaceutical industry for drug formulation and as a solvent in laboratory processes, which supports its demand as research and development activities expand.

Leading players of the global N-Hexane market are analyzed taking into account their market share, recent developments, new product launches, partnerships, mergers or acquisitions, and markets served. We also provide an exhaustive analysis of their product portfolios to explore the products and applications they concentrate on when operating in the global N-Hexane market. Furthermore, the report offers two separate market forecasts - one for the production side and another for the consumption side of the global N-Hexane market. It also provides useful recommendations for new as well as established players of the global N-Hexane market.

Key Players Mentioned in the Global N-Hexane Market Research Report:

Phillips 66, Exxon Mobil, Shell, Bharat Petroleum, SK Chem, Sumitomo Chemical, Sinopec, CNPC, Junyuan Petroleum Group, Haishunde(Zhangzhou) Special Oil, Liaoning Yufeng Chemical, Luoyang Jinda Petrochemical

All of the segments studied in the research study are analyzed on the basis of BPS, market share, revenue, and other important factors. Our research study shows how different segments are contributing to the growth of the global N-Hexane market. It also provides information on key trends related to the segments included in the report. This helps market players to concentrate on high-growth areas of the global N-Hexane market. The research study also offers separate analysis on the segments on the basis of absolute dollar opportunity.

Details of N-Hexane Market Segmentation:-

Segment by Type:

Purity < 60%
60% Purity
80% Purity
Purity > 80%

Segment by Application:

Plant Oil Extraction
Polyolefins
Rubber
Paints and Coatings
Pharmaceuticals
Others

Segment by Region:

North America
Europe
Asia Pacific
South America
Middle East and Africa

The authors of the report have analyzed both developing and developed regions considered for the research and analysis of the global N-Hexane market. The regional analysis section of the report provides an extensive research study on different regional and country-wise N-Hexane markets to help players plan effective expansion strategies. Moreover, it offers highly accurate estimations on the CAGR, market share, and market size of key regions and countries. Players can use this study to explore untapped N-Hexane markets to extend their reach and create sales opportunities.

How Can the N-Hexane Research Study Help your Business?

(1) The information presented in the N-Hexane report helps your decision makers to become prudent and make the best business choices.

(2) The report enables you to see the future of the global N-Hexane market and accordingly take decisions that will be in the best interest of your business.

(3) It offers you a forward-looking perspective of the global N-Hexane market drivers and how you can secure significant market gains in the near future.

(4) It provides SWOT analysis of the global N-Hexane market along with useful graphics and detailed statistics providing quick information about the market's overall progress throughout the forecast period.

(5) It also assesses the changing competitive dynamics of the global N-Hexane market using pin-point evaluation.

For on-demand customization of the report, visit: https://www.qyresearch.com/customize/2115143

Table of Content

1 N-Hexane Market Overview
1.1 Product Definition
1.2 N-Hexane by Type
1.2.1 Global N-Hexane Market Value Growth Rate Analysis by Type: 2023 VS 2030
1.2.2 Purity < 60%
1.2.3 60% Purity
1.2.4 80% Purity
1.2.5 Purity > 80%
1.3 N-Hexane by Application
1.3.1 Global N-Hexane Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Plant Oil Extraction
1.3.3 Polyolefins
1.3.4 Rubber
1.3.5 Paints and Coatings
1.3.6 Pharmaceuticals
1.3.7 Others
1.4 Global Market Growth Prospects
1.4.1 Global N-Hexane Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global N-Hexane Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global N-Hexane Production Estimates and Forecasts (2019-2030)
1.4.4 Global N-Hexane Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations

2 Market Competition by Manufacturers
2.1 Global N-Hexane Production Market Share by Manufacturers (2019-2024)
2.2 Global N-Hexane Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of N-Hexane, Industry Ranking, 2022 VS 2023
2.4 Global N-Hexane Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global N-Hexane Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of N-Hexane, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of N-Hexane, Product Offered and Application
2.8 Global Key Manufacturers of N-Hexane, Date of Enter into This Industry
2.9 N-Hexane Market Competitive Situation and Trends
2.9.1 N-Hexane Market Concentration Rate
2.9.2 Global 5 and 10 Largest N-Hexane Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion

3 N-Hexane Production by Region
3.1 Global N-Hexane Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global N-Hexane Production Value by Region (2019-2030)
3.2.1 Global N-Hexane Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of N-Hexane by Region (2025-2030)
3.3 Global N-Hexane Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global N-Hexane Production by Region (2019-2030)
3.4.1 Global N-Hexane Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of N-Hexane by Region (2025-2030)
3.5 Global N-Hexane Market Price Analysis by Region (2019-2024)
3.6 Global N-Hexane Production and Value, Year-over-Year Growth
3.6.1 North America N-Hexane Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe N-Hexane Production Value Estimates and Forecasts (2019-2030)
3.6.3 China N-Hexane Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan N-Hexane Production Value Estimates and Forecasts (2019-2030)

4 N-Hexane Consumption by Region
4.1 Global N-Hexane Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global N-Hexane Consumption by Region (2019-2030)
4.2.1 Global N-Hexane Consumption by Region (2019-2030)
4.2.2 Global N-Hexane Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America N-Hexane Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America N-Hexane Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe N-Hexane Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe N-Hexane Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific N-Hexane Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific N-Hexane Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa N-Hexane Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa N-Hexane Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries

5 Segment by Type
5.1 Global N-Hexane Production by Type (2019-2030)
5.1.1 Global N-Hexane Production by Type (2019-2024)
5.1.2 Global N-Hexane Production by Type (2025-2030)
5.1.3 Global N-Hexane Production Market Share by Type (2019-2030)
5.2 Global N-Hexane Production Value by Type (2019-2030)
5.2.1 Global N-Hexane Production Value by Type (2019-2024)
5.2.2 Global N-Hexane Production Value by Type (2025-2030)
5.2.3 Global N-Hexane Production Value Market Share by Type (2019-2030)
5.3 Global N-Hexane Price by Type (2019-2030)

6 Segment by Application
6.1 Global N-Hexane Production by Application (2019-2030)
6.1.1 Global N-Hexane Production by Application (2019-2024)
6.1.2 Global N-Hexane Production by Application (2025-2030)
6.1.3 Global N-Hexane Production Market Share by Application (2019-2030)
6.2 Global N-Hexane Production Value by Application (2019-2030)
6.2.1 Global N-Hexane Production Value by Application (2019-2024)
6.2.2 Global N-Hexane Production Value by Application (2025-2030)
6.2.3 Global N-Hexane Production Value Market Share by Application (2019-2030)
6.3 Global N-Hexane Price by Application (2019-2030)

7 Key Companies Profiled
7.1 Phillips 66
7.1.1 Phillips 66 N-Hexane Company Information
7.1.2 Phillips 66 N-Hexane Product Portfolio
7.1.3 Phillips 66 N-Hexane Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Phillips 66 Main Business and Markets Served
7.1.5 Phillips 66 Recent Developments/Updates
7.2 Exxon Mobil
7.2.1 Exxon Mobil N-Hexane Company Information
7.2.2 Exxon Mobil N-Hexane Product Portfolio
7.2.3 Exxon Mobil N-Hexane Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Exxon Mobil Main Business and Markets Served
7.2.5 Exxon Mobil Recent Developments/Updates
7.3 Shell
7.3.1 Shell N-Hexane Company Information
7.3.2 Shell N-Hexane Product Portfolio
7.3.3 Shell N-Hexane Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Shell Main Business and Markets Served
7.3.5 Shell Recent Developments/Updates
7.4 Bharat Petroleum
7.4.1 Bharat Petroleum N-Hexane Company Information
7.4.2 Bharat Petroleum N-Hexane Product Portfolio
7.4.3 Bharat Petroleum N-Hexane Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Bharat Petroleum Main Business and Markets Served
7.4.5 Bharat Petroleum Recent Developments/Updates
7.5 SK Chem
7.5.1 SK Chem N-Hexane Company Information
7.5.2 SK Chem N-Hexane Product Portfolio
7.5.3 SK Chem N-Hexane Production, Value, Price and Gross Margin (2019-2024)
7.5.4 SK Chem Main Business and Markets Served
7.5.5 SK Chem Recent Developments/Updates
7.6 Sumitomo Chemical
7.6.1 Sumitomo Chemical N-Hexane Company Information
7.6.2 Sumitomo Chemical N-Hexane Product Portfolio
7.6.3 Sumitomo Chemical N-Hexane Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Sumitomo Chemical Main Business and Markets Served
7.6.5 Sumitomo Chemical Recent Developments/Updates
7.7 Sinopec
7.7.1 Sinopec N-Hexane Company Information
7.7.2 Sinopec N-Hexane Product Portfolio
7.7.3 Sinopec N-Hexane Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Sinopec Main Business and Markets Served
7.7.5 Sinopec Recent Developments/Updates
7.8 CNPC
7.8.1 CNPC N-Hexane Company Information
7.8.2 CNPC N-Hexane Product Portfolio
7.8.3 CNPC N-Hexane Production, Value, Price and Gross Margin (2019-2024)
7.8.4 CNPC Main Business and Markets Served
7.8.5 CNPC Recent Developments/Updates
7.9 Junyuan Petroleum Group
7.9.1 Junyuan Petroleum Group N-Hexane Company Information
7.9.2 Junyuan Petroleum Group N-Hexane Product Portfolio
7.9.3 Junyuan Petroleum Group N-Hexane Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Junyuan Petroleum Group Main Business and Markets Served
7.9.5 Junyuan Petroleum Group Recent Developments/Updates
7.10 Haishunde(Zhangzhou) Special Oil
7.10.1 Haishunde(Zhangzhou) Special Oil N-Hexane Company Information
7.10.2 Haishunde(Zhangzhou) Special Oil N-Hexane Product Portfolio
7.10.3 Haishunde(Zhangzhou) Special Oil N-Hexane Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Haishunde(Zhangzhou) Special Oil Main Business and Markets Served
7.10.5 Haishunde(Zhangzhou) Special Oil Recent Developments/Updates
7.11 Liaoning Yufeng Chemical
7.11.1 Liaoning Yufeng Chemical N-Hexane Company Information
7.11.2 Liaoning Yufeng Chemical N-Hexane Product Portfolio
7.11.3 Liaoning Yufeng Chemical N-Hexane Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Liaoning Yufeng Chemical Main Business and Markets Served
7.11.5 Liaoning Yufeng Chemical Recent Developments/Updates
7.12 Luoyang Jinda Petrochemical
7.12.1 Luoyang Jinda Petrochemical N-Hexane Company Information
7.12.2 Luoyang Jinda Petrochemical N-Hexane Product Portfolio
7.12.3 Luoyang Jinda Petrochemical N-Hexane Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Luoyang Jinda Petrochemical Main Business and Markets Served
7.12.5 Luoyang Jinda Petrochemical Recent Developments/Updates

8 Industry Chain and Sales Channels Analysis
8.1 N-Hexane Industry Chain Analysis
8.2 N-Hexane Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 N-Hexane Production Mode & Process
8.4 N-Hexane Sales and Marketing
8.4.1 N-Hexane Sales Channels
8.4.2 N-Hexane Distributors
8.5 N-Hexane Customers

9 N-Hexane Market Dynamics
9.1 N-Hexane Industry Trends
9.2 N-Hexane Market Drivers
9.3 N-Hexane Market Challenges
9.4 N-Hexane Market Restraints

10 Research Findings and Conclusion

11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer

Contact US

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SUITE 369, CITY OF INDUSTRY
CA - 91748, UNITED STATES OF AMERICA
Web - https://www.qyresearch.com
Tel: +91-8669986909
Email- ankit@qyresearch.com

About US:

QYResearch is a leading global market research and consulting company established in 2007. With over 16 years' experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability.

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