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  • Published In : Feb 2024
  • Code : CMI3697
  • Pages : 130
  • Formats :
      Excel and PDF
  • Industry : Advanced Materials

N-hexane is a saturated aliphatic hydrocarbon that is obtained as a byproduct during petroleum refining and crude oil fractionation processes. It finds numerous applications due to its non-polar and non-reactive nature. N-hexane is used as an industrial solvent for extraction and cleaning purposes in many industries such as pharmaceuticals, food processing, furniture making, etc. It acts as an excellent solvent for fats, oils, waxes, and cleaning applications owing to its non-polarity. Growing end-use industries such as food industry, pharmaceuticals, chemical industry, rubber processing, and others have been driving the demand for n-hexane. However, strict regulations over its usage due to toxicity issues also affect the market growth. Hexane is an unreactive, odorless, colorless, and relatively cost-effective solvent. It is known to be insoluble in water and also highly flammable. Hexane production is quite dependent on crude oil availability.

Market Dynamics:

The global n-hexane market has been witnessing steady growth owing to factors such as the increasing demand from end-use industries like pharmaceuticals, chemicals, and food processing. N-hexane solvents find widespread application in industrial processes involving extraction, filtration, cleaning, and degreasing. Growth in these industries positively influences the consumption of n-hexane. Moreover, rising industrialization in developing regions has augmented the demand of N-hexane . However, tightening regulations imposed by environmental agencies regarding volatile organic compound (VOC) emissions from n-hexane usage restrain the growth of the market. The growing preference for bio-based and green solvents also hinders the demand for n-hexane. Nevertheless, technological advancements in n-hexane production processes to comply with regulations and research on developing safer substitutes present major opportunities for market expansion.

Key Features of the Study:

  • This report provides an in-depth analysis of the n-hexane market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year.
  • It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
  • It profiles key players in the n-hexane market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
  • Key companies covered as a part of this study include ExxonMobil Corporation, Royal Dutch Shell PLC, Indian Oil Corp. Ltd., Chevron, Phillips Chemical Company LLC, Bharat Petroleum Corp. Ltd., Rompetrol Rafinare S.A., Hindustan Petroleum. Corporation Limited, Dongying Liangxin petrochemical company, Liaoning Yufeng Chemical Co., Ltd., DHC Solvent Chemie GmbH, and Sak Chaisidhi Company Limited.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
  • The n-hexane market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the n-hexane market.

Detailed Segmentation:

  •  N-Hexane Market By Grade
    • Oil Extraction,
    • Pharmaceutical
    • Industrial  
  •  N-Hexane Market By Application
    • Oil Extraction
    • Polymerization
    • Pharmaceutical
    • Adhesives & Sealants
    • Industrial Cleaning
    • Degreasing,
    • Rubber Processing
    • Others
  •  N-Hexane Market By Region
    • North America
    • Latin America
    • Europe
    • Asia Pacific
    • Middle East
    • Africa
  • Top Companies in the N-Hexane Market:
    • ExxonMobil Corporation,
    • Royal Dutch Shell PLC
    • Indian Oil Corp. Ltd.
    • Chevron
    • Phillips Chemical Company LLC
    • Bharat Petroleum Corp. Ltd.
    • Rompetrol Rafinare S.A.
    • Hindustan Petroleum Corporation Limited
    • Dongying Liangxin petrochemical company
    • Liaoning Yufeng Chemical Co. Ltd.
    • DHC Solvent Chemie GmbH
    • Sak Chaisidhi Company Limited

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      •  N-Hexane Market, By Grade
      •  N-Hexane Market, By Application
      •  N-Hexane Market, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
        • Used as solvent in industrial cleaning and degreasing applications
      • Restraints
        • Availability of substitutes like sodium hydroxide and isopropyl alcohol
      • Opportunities
        • Focus on developing bio-based and eco-friendly hexane products
    • Key Highlights
    • Regulatory Scenario
    • Recent Trends
    • Product Launches/Approvals
    • PEST Analysis
    • PORTER’s Analysis
    • Mergers, Acquisitions, and Collaborations
  4.  N-Hexane Market - Impact of Coronavirus (COVID-19) Pandemic
    • COVID-19 Epidemiology
    • Supply Side and Demand Side Analysis
    • Economic Impact
  5. N-Hexane Market, By Grade, 2019-2031, (US$ Bn)
    • Introduction
      • Market Share Analysis, 2024 and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Oil Extraction
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, ( US$ Bn)
    • Pharmaceutical
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, ( US$ Bn)
    • Industrial
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, ( US$ Bn)
  6. N-Hexane Market, By Application, 2019 – 2031 (US$ Bn)
    • Introduction
      • Market Share Analysis, 2024 and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 -  2031
      • Segment Trends
    • Oil Extraction
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 -  2031, ( US$ Bn)
    • Polymerization
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 -  2031, ( US$ Bn)
    • Pharmaceutical
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 -  2031, ( US$ Bn)
    • Adhesives & Sealants
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 -  2031, ( US$ Bn)
    • Industrial Cleaning & Degreasing
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 -  2031, ( US$ Bn)
    • Rubber Processing
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 -  2031, ( US$ Bn)
    • Others (inks, glues, leather dressings, etc.)
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 -  2031, ( US$ Bn)
  7. N-Hexane Market, By Region, 2019-2031, (US$ Bn)
    • Introduction
      • Market Share Analysis, By Region, 2024 and 2031 (%)
      • Y-o-Y Growth Analysis, For Region, 2019 - 2031
      • Country Trends
    • North America
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Grade, 2019-2031,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2031,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Bn)
        • U.S.
        • Canada
    • Europe
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Grade, 2019-2031,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2031,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Bn)
        • Germany
        • U.K.
        • Spain
        • France
        • Italy
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Grade, 2019-2031,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2031,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Bn)
        • China
        • India
        • Japan
        • Australia
        • South Korea
        • ASEAN
        • Rest of Asia Pacific
    • Latin America
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Grade, 2019-2031,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2031,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Bn)
        • Brazil
        • Argentina
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Grade, 2019-2031,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2031,(US$ Bn)
      • Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Bn)
        • GCC Countries
        • Israel
        • Rest of Middle East
        • South Africa
        • Central Africa
        • North Africa
  8. Competitive Landscape
    • Company Profile
      • ExxonMobil Corporation 
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Royal Dutch Shell PLC
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Indian Oil Corp. Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Chevron
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Phillips Chemical Company LLC
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Bharat Petroleum Corp. Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Rompetrol Rafinare S.A.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Hindustan Petroleum Corporation Limited
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Dongying Liangxin petrochemical company
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Liaoning Yufeng Chemical Co., Ltd
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • DHC Solvent Chemie GmbH
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Sak Chaisidhi Company Limited
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
    • Analyst Views
  9. Section
    • References
    • Research Methodology
    • About us

*Browse 24 market data tables and 28 figures on “N-Hexane Market” - Global forecast to 2031

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