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N-hexane is a highly volatile aliphatac hydrocarbon. It is a commercial and industrial product that contains a mixture of hydrocarbons with six carbon atoms. It is a colorless liquid at room temperature with a slight gasoline smell. It is flammable and may be an explosion hazard. It also is highly reactive with certain materials, including liquid chlorine, concentrated oxygen, and sodium hypochlorite.N-Hexane is a colorless volatile liquid that is insoluble in water and highly flammable. It mainly acts as solvent in many fields, such as edible oils, glues (rubber cement, adhesives), varnishes, and inks and so on. Among various applications, Industrial Solvents hold the largest consumption share, with 49.49% in 2017.
N-Hexane increased from 660.1 K MT in 2013 to 711.2 K MT in 2017. Asia-Pacific is the largest consumer of N-Hexane. Nearly 40% go into the Asia-Pacific region each year. China is the leading players in the market. The second consumer is North America, which contributed 27.11% share in the global N-Hexane consumption market in 2017.
Global N-Hexane market size will increase to 930 Million US$ by 2025, from 820 Million US$ in 2018, at a CAGR of 1.8% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for N-Hexane.
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The objectives of this report are to focus on the key N-Hexane companies and study the capacity, production, value, market share and development plans for next few years. This report also analyses global and regions market potential, advantage, opportunities, challenge, restraints and risks. It helps to identify current trends and factors driving or inhibiting the market growth and to find high growth opportunities in the market for stakeholders. Later this report also talks about the competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Various companies like Phillipes 66, Exxon Mobil, Chevron Phillips Chemical, Bharat Petroleum, Sk Chem, Sumitomo, Subaru Corporation, Sinopec, Cnpc, Junyuan Petroleum, Haishunde, Yufeng Chemical and more are profiled in this report in the terms of capacity, production, value, price, market share, etc. Market has been segmented on the basis of product types and provides the information related to growth rate for each product type, revenue, price, production, revenue forecasts, etc. It has been also segmented by applications which includes growth rate for each application, regional consumption analysis, consumption forecasts, etc.
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N-Hexane Production Breakdown Data by Region
• United States
• Europe
• China
• Japan
• Other Regions
N-Hexane Consumption Breakdown Data by Region
• North America (United States, Canada, Mexico)
• Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, Philippines, Thailand, Vietnam)
• Europe (Germany, France, UK, Italy, Russia, Rest of Europe)
• Central & South America (Brazil, Rest of South America)
• Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa, Rest of Middle East & Africa)
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Release ID: 471092
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