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N-Hexyl Alcohol Market Segments, Opportunity, Growth and Forecast By End-use Industry 2016 - 2024

10-06-2017 07:19 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
N-Hexyl Alcohol Market Segments, Opportunity, Growth

In 1998, the Joint World Health Organization (WHO), Food & Agriculture Organization (FAO), and expert committee on Food Additives evaluated 39 food flavoring agents, one of which was n-hexyl alcohol. N-hexyl alcohol is used as a solvent. It is also used in the manufacture of perfume, plasticizers, and antiseptics. The chemical is also used in the food & beverage industry. As an inert ingredient in formulation of pesticides, n-hexyl is used as a solvent in variety of pesticide products including those used in agriculture food crops, ornamental plants, animals, and for residential based pesticides such as insect and mosquito sprays. N-hexyl is slightly soluble in water and is miscible with alcohol, ether, and ethanol. N-hexyl alcohol is a clear colorless liquid. The flash point of n-hexyl alcohol is 149°F and the vapors formed by n-hexyl alcohol is heavier than air.

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According to several experiments, n-hexyl alcohol is toxic-free; thus, there is no harm to any population subgroup from aggregate exposure to n-hexyl alcohol. In addition to its natural occurrence, it is now used in the food & beverage industry as a flavor volatile. N-hexyl alcohol is readily biodegradable; therefore, it is unlikely that residues would be found on foods harvested or consumed and drinking water. N-hexyl alcohol occurs naturally in most fruits and vegetables. In formulation of pesticides, n-hexyl alcohol is used as an inert ingredient only. There are currently no registered pesticides products containing n-hexyl alcohol as an active ingredient. N-hexyl alcohol is used as a solvent in the perfume manufacturing industry.

N-hexyl alcohol is of low acute toxicity by oral and dermal routes; however, the chemical is moderately irritating to the skin and severely irritating to the eye. Based on several tests, n-hexyl alcohol was reported to be neurotoxic. There is no evidence that n-hexyl alcohol is carcinogenic. Several experiments were conducted on dogs, rats, and rabbits to detect the behavior after the direct consumption of n-hexyl alcohol. Many of these experiments stated tumor promoting activities and equivocal signs of neurotoxicity in the peripheral nervous system. However, no material toxicity was observed, which has augmented the commercialization of n-hexyl alcohol in several end-use industries.
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The n-hexyl alcohol market can be segmented based on end-use industry into pesticides, food & beverage, antiseptics, plasticizers, and others. N-hexyl alcohol is used as a solvent in the manufacture of pesticides, antiseptics, and plasticizers. In the food & beverage industry, n-hexyl alcohol is used a flavor volatile. The chemical is approved by the U.S. Food & Drug Administration (FDA) as a direct food additive.

Countries in North America, such as U.S. and Canada, are inclined toward R&D activities pertaining to safe and economical production of n-hexyl alcohol. After the successful testing of n-hexyl alcohol, the U.S. Food & Drug Administration (FDA) approved it and sooner it would be used in several food & beverages items sold in the U.S., Canada, and other countries. Currently, North America and Europe are the only regions testing this chemical on a wider scale. Market penetration of this chemical in Asia Pacific, Middle East & Africa, and Latin America would take some time. The U.S. is likely to utilize this chemical in several applications such as in the manufacture of pesticides, insecticides, plasticizers, antiseptics, and food and beverages.

Manufacturers and suppliers operating in the n-hexyl alcohol market include ShanDong Fine Chemical Co., Ltd. Hangzhou Dayang Chemical Co.,Ltd., and Xiamen Hisunny Chemical Co.,Ltd.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market  
 
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis. 

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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

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