n-Hexane Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Description

In the ever-evolving landscape of industrial solvents, n-hexane emerges as a cornerstone, catering to a multitude of applications across various sectors. Today, we unveil insights into the thriving n-hexane market, showcasing its pivotal role in driving innovation and efficiency across diverse industries worldwide.

Fueling Growth Through Versatile Applications

n-Hexane, renowned for its efficacy as a special purpose solvent, finds extensive utilization in pharmaceuticals, textiles, adhesives, and sealants industries. Its versatility extends to synthesis and separations within the pharmaceutical sector, further bolstering its demand. As industries seek solutions for enhanced performance and efficiency, the demand for n-hexane continues to soar, propelling the market towards unprecedented growth.

China Leads the Charge with Surging Consumption

With a burgeoning population and increasing demand for refined oil, China emerges as a frontrunner in driving the growth of the n-hexane market. The solvent's ability to dissolve numerous organic compounds coupled with its low water solubility renders it indispensable across various industrial applications. China's rapid industrialization and evolving consumer landscape position it as a key contributor to the global n-hexane market, projected to exhibit a robust value CAGR of 5.5% over the forecast period.

Steady Expansion in Mature Markets

While mature markets such as North America and Europe are poised for moderate growth, companies are strategically shifting their manufacturing bases to regions like India and China. This strategic move is driven by factors including a vast customer base and access to cost-effective skilled labor, further augmenting the global reach of n-hexane.

Unlocking Potential in Developing Regions

The demand for n-hexane in developing regions is on a steady rise, fueled by its favorable properties in eliminating unwanted taste and odor in the edible oil industry. Additionally, its role as a cleaning agent in industries such as textiles and cleaning further amplifies its demand trajectory. The advent of innovative products like hexane copolymer LLDPE film resin underscores the growing significance of n-hexane in delivering superior performance across various sectors.

Competitive Landscape and Strategic Initiatives

Amidst a highly fragmented market, key players are leveraging strategic partnerships, innovative manufacturing processes, and distribution channels to fortify their market presence. From capacity expansions to collaborations and acquisitions, industry leaders are navigating the competitive landscape with a focus on innovation and sustainable growth.

Competitive Analysis

The Exxon Mobil Corporation
Royal Dutch Shell plc.
Rompetrol
DHC
Indian Oil Corp. Ltd.
Bharat Petroleum Corp. Ltd.
Chevron Phillips Chemical Company
Sak Chaisidhi Company Limited
Liaoning Yufeng Chemical Co., Ltd.
Dongying Liangxin petrochemical company
Hindustan Petroleum Corporation Limited
Others.

n-Hexane Market: Segmentation

By Purity

<90%
>90%

By Grade

Oil Extraction
Pharmaceutical
Industrial

By Application

Oil Extraction
Polymerization
Pharmaceuticals
Adhesive & Sealant
Industrial Cleaning & Degreasing
Rubber Processing
Others (Inks, Glue, Leather Dressing, Etc.)

By Regions

North America
Latin America
Europe
China
Japan
South East Asia & Pacific (SEA&P)
Middle East & Africa (MEA)

1. Executive Summary

1.1. Global N-Hexane Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2023
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Global N-Hexane Market Outlook, 2018 - 2031

3.1. Global N-Hexane Market Outlook, by Purity, Value (US$ Mn), 2018 - 2031
- 3.1.1. Key Highlights
  - 3.1.1.1. <90%
  - 3.1.1.2. >90%
3.2. Global N-Hexane Market Outlook, by Grade, Value (US$ Mn), 2018 - 2031
- 3.2.1. Key Highlights
  - 3.2.1.1. Oil Extraction
  - 3.2.1.2. Pharmaceutical
  - 3.2.1.3. Industrial
3.3. Global N-Hexane Market Outlook, by Application, Value (US$ Mn), 2018 - 2031
- 3.3.1. Key Highlights
  - 3.3.1.1. Oil Extraction
  - 3.3.1.2. Polymerization
  - 3.3.1.3. Pharmaceuticals
  - 3.3.1.4. Adhesive & Sealant
  - 3.3.1.5. Industrial Cleaning & Degreasing
  - 3.3.1.6. Rubber Processing
  - 3.3.1.7. Others (Inks, Glue, Leather Dressing, Etc.)
3.4. Global N-Hexane Market Outlook, by Region, Value (US$ Mn), 2018 - 2031
- 3.4.1. Key Highlights
  - 3.4.1.1. North America
  - 3.4.1.2. Europe
  - 3.4.1.3. Asia Pacific
  - 3.4.1.4. Latin America
  - 3.4.1.5. Middle East & Africa

4. North America N-Hexane Market Outlook, 2018 - 2031

4.1. North America N-Hexane Market Outlook, by Purity, Value (US$ Mn), 2018 - 2031
- 4.1.1. Key Highlights
  - 4.1.1.1. <90%
  - 4.1.1.2. >90%
4.2. North America N-Hexane Market Outlook, by Grade, Value (US$ Mn), 2018 - 2031
- 4.2.1. Key Highlights
  - 4.2.1.1. Oil Extraction
  - 4.2.1.2. Pharmaceutical
  - 4.2.1.3. Industrial
4.3. North America N-Hexane Market Outlook, by Application, Value (US$ Mn), 2018 - 2031
- 4.3.1. Key Highlights
  - 4.3.1.1. Oil Extraction
  - 4.3.1.2. Polymerization
  - 4.3.1.3. Pharmaceuticals
  - 4.3.1.4. Adhesive & Sealant
  - 4.3.1.5. Industrial Cleaning & Degreasing
  - 4.3.1.6. Rubber Processing
  - 4.3.1.7. Others (Inks, Glue, Leather Dressing, Etc.)
- 4.3.2. BPS Analysis/Market Attractiveness Analysis
4.4. North America N-Hexane Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
- 4.4.1. Key Highlights
  - 4.4.1.1. U.S. N-Hexane Market by Purity, Value (US$ Mn), 2018 - 2031
  - 4.4.1.2. U.S. N-Hexane Market by Grade, Value (US$ Mn), 2018 - 2031
  - 4.4.1.3. U.S. N-Hexane Market by Application, Value (US$ Mn), 2018 - 2031
  - 4.4.1.4. Canada N-Hexane Market by Purity, Value (US$ Mn), 2018 - 2031
  - 4.4.1.5. Canada N-Hexane Market by Grade, Value (US$ Mn), 2018 - 2031
  - 4.4.1.6. Canada N-Hexane Market by Application, Value (US$ Mn), 2018 - 2031
- 4.4.2. BPS Analysis/Market Attractiveness Analysis

5. Europe N-Hexane Market Outlook, 2018 - 2031

5.1. Europe N-Hexane Market Outlook, by Purity, Value (US$ Mn), 2018 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. <90%
  - 5.1.1.2. >90%
5.2. Europe N-Hexane Market Outlook, by Grade, Value (US$ Mn), 2018 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Oil Extraction
  - 5.2.1.2. Pharmaceutical
  - 5.2.1.3. Industrial
5.3. Europe N-Hexane Market Outlook, by Application, Value (US$ Mn), 2018 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. Oil Extraction
  - 5.3.1.2. Polymerization
  - 5.3.1.3. Pharmaceuticals
  - 5.3.1.4. Adhesive & Sealant
  - 5.3.1.5. Industrial Cleaning & Degreasing
  - 5.3.1.6. Rubber Processing
  - 5.3.1.7. Others (Inks, Glue, Leather Dressing, Etc.)
- 5.3.2. BPS Analysis/Market Attractiveness Analysis
5.4. Europe N-Hexane Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
- 5.4.1. Key Highlights
  - 5.4.1.1. Germany N-Hexane Market by Purity, Value (US$ Mn), 2018 - 2031
  - 5.4.1.2. Germany N-Hexane Market by Grade, Value (US$ Mn), 2018 - 2031
  - 5.4.1.3. Germany N-Hexane Market by Application, Value (US$ Mn), 2018 - 2031
  - 5.4.1.4. U.K. N-Hexane Market by Purity, Value (US$ Mn), 2018 - 2031
  - 5.4.1.5. U.K. N-Hexane Market by Grade, Value (US$ Mn), 2018 - 2031
  - 5.4.1.6. U.K. N-Hexane Market by Application, Value (US$ Mn), 2018 - 2031
  - 5.4.1.7. France N-Hexane Market by Purity, Value (US$ Mn), 2018 - 2031
  - 5.4.1.8. France N-Hexane Market by Grade, Value (US$ Mn), 2018 - 2031
  - 5.4.1.9. France N-Hexane Market by Application, Value (US$ Mn), 2018 - 2031
  - 5.4.1.10. Italy N-Hexane Market by Purity, Value (US$ Mn), 2018 - 2031
  - 5.4.1.11. Italy N-Hexane Market by Grade, Value (US$ Mn), 2018 - 2031
  - 5.4.1.12. Italy N-Hexane Market by Application, Value (US$ Mn), 2018 - 2031
  - 5.4.1.13. Turkey N-Hexane Market by Purity, Value (US$ Mn), 2018 - 2031
  - 5.4.1.14. Turkey N-Hexane Market by Grade, Value (US$ Mn), 2018 - 2031
  - 5.4.1.15. Turkey N-Hexane Market by Application, Value (US$ Mn), 2018 - 2031
  - 5.4.1.16. Russia N-Hexane Market by Purity, Value (US$ Mn), 2018 - 2031
  - 5.4.1.17. Russia N-Hexane Market by Grade, Value (US$ Mn), 2018 - 2031
  - 5.4.1.18. Russia N-Hexane Market by Application, Value (US$ Mn), 2018 - 2031
  - 5.4.1.19. Rest of Europe N-Hexane Market by Purity, Value (US$ Mn), 2018 - 2031
  - 5.4.1.20. Rest of Europe N-Hexane Market by Grade, Value (US$ Mn), 2018 - 2031
  - 5.4.1.21. Rest of Europe N-Hexane Market by Application, Value (US$ Mn), 2018 - 2031
- 5.4.2. BPS Analysis/Market Attractiveness Analysis

6. Asia Pacific N-Hexane Market Outlook, 2018 - 2031

6.1. Asia Pacific N-Hexane Market Outlook, by Purity, Value (US$ Mn), 2018 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. <90%
  - 6.1.1.2. >90%
6.2. Asia Pacific N-Hexane Market Outlook, by Grade, Value (US$ Mn), 2018 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Oil Extraction
  - 6.2.1.2. Pharmaceutical
  - 6.2.1.3. Industrial
6.3. Asia Pacific N-Hexane Market Outlook, by Application, Value (US$ Mn), 2018 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. Oil Extraction
  - 6.3.1.2. Polymerization
  - 6.3.1.3. Pharmaceuticals
  - 6.3.1.4. Adhesive & Sealant
  - 6.3.1.5. Industrial Cleaning & Degreasing
  - 6.3.1.6. Rubber Processing
  - 6.3.1.7. Others (Inks, Glue, Leather Dressing, Etc.)
- 6.3.2. BPS Analysis/Market Attractiveness Analysis
6.4. Asia Pacific N-Hexane Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
- 6.4.1. Key Highlights
  - 6.4.1.1. China N-Hexane Market by Purity, Value (US$ Mn), 2018 - 2031
  - 6.4.1.2. China N-Hexane Market by Grade, Value (US$ Mn), 2018 - 2031
  - 6.4.1.3. China N-Hexane Market by Application, Value (US$ Mn), 2018 - 2031
  - 6.4.1.4. Japan N-Hexane Market by Purity, Value (US$ Mn), 2018 - 2031
  - 6.4.1.5. Japan N-Hexane Market by Grade, Value (US$ Mn), 2018 - 2031
  - 6.4.1.6. Japan N-Hexane Market by Application, Value (US$ Mn), 2018 - 2031
  - 6.4.1.7. South Korea N-Hexane Market by Purity, Value (US$ Mn), 2018 - 2031
  - 6.4.1.8. South Korea N-Hexane Market by Grade, Value (US$ Mn), 2018 - 2031
  - 6.4.1.9. South Korea N-Hexane Market by Application, Value (US$ Mn), 2018 - 2031
  - 6.4.1.10. India N-Hexane Market by Purity, Value (US$ Mn), 2018 - 2031
  - 6.4.1.11. India N-Hexane Market by Grade, Value (US$ Mn), 2018 - 2031
  - 6.4.1.12. India N-Hexane Market by Application, Value (US$ Mn), 2018 - 2031
  - 6.4.1.13. Southeast Asia N-Hexane Market by Purity, Value (US$ Mn), 2018 - 2031
  - 6.4.1.14. Southeast Asia N-Hexane Market by Grade, Value (US$ Mn), 2018 - 2031
  - 6.4.1.15. Southeast Asia N-Hexane Market by Application, Value (US$ Mn), 2018 - 2031
  - 6.4.1.16. Rest of Asia Pacific N-Hexane Market by Purity, Value (US$ Mn), 2018 - 2031
  - 6.4.1.17. Rest of Asia Pacific N-Hexane Market by Grade, Value (US$ Mn), 2018 - 2031
  - 6.4.1.18. Rest of Asia Pacific N-Hexane Market by Application, Value (US$ Mn), 2018 - 2031
- 6.4.2. BPS Analysis/Market Attractiveness Analysis

7. Latin America N-Hexane Market Outlook, 2018 - 2031

7.1. Latin America N-Hexane Market Outlook, by Purity, Value (US$ Mn), 2018 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. <90%
  - 7.1.1.2. >90%
7.2. Latin America N-Hexane Market Outlook, by Grade, Value (US$ Mn), 2018 - 2031
7.3. Latin America N-Hexane Market Outlook, by Application, Value (US$ Mn), 2018 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. Oil Extraction
  - 7.3.1.2. Polymerization
  - 7.3.1.3. Pharmaceuticals
  - 7.3.1.4. Adhesive & Sealant
  - 7.3.1.5. Industrial Cleaning & Degreasing
  - 7.3.1.6. Rubber Processing
  - 7.3.1.7. Others (Inks, Glue, Leather Dressing, Etc.)
- 7.3.2. BPS Analysis/Market Attractiveness Analysis
7.4. Latin America N-Hexane Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
- 7.4.1. Key Highlights
  - 7.4.1.1. Brazil N-Hexane Market by Purity, Value (US$ Mn), 2018 - 2031
  - 7.4.1.2. Brazil N-Hexane Market by Grade, Value (US$ Mn), 2018 - 2031
  - 7.4.1.3. Brazil N-Hexane Market by Application, Value (US$ Mn), 2018 - 2031
  - 7.4.1.4. Mexico N-Hexane Market by Purity, Value (US$ Mn), 2018 - 2031
  - 7.4.1.5. Mexico N-Hexane Market by Grade, Value (US$ Mn), 2018 - 2031
  - 7.4.1.6. Mexico N-Hexane Market by Application, Value (US$ Mn), 2018 - 2031
  - 7.4.1.7. Argentina N-Hexane Market by Purity, Value (US$ Mn), 2018 - 2031
  - 7.4.1.8. Argentina N-Hexane Market by Grade, Value (US$ Mn), 2018 - 2031
  - 7.4.1.9. Argentina N-Hexane Market by Application, Value (US$ Mn), 2018 - 2031
  - 7.4.1.10. Rest of Latin America N-Hexane Market by Purity, Value (US$ Mn), 2018 - 2031
  - 7.4.1.11. Rest of Latin America N-Hexane Market by Grade, Value (US$ Mn), 2018 - 2031
  - 7.4.1.12. Rest of Latin America N-Hexane Market by Application, Value (US$ Mn), 2018 - 2031
- 7.4.2. BPS Analysis/Market Attractiveness Analysis

8. Middle East & Africa N-Hexane Market Outlook, 2018 - 2031

8.1. Middle East & Africa N-Hexane Market Outlook, by Purity, Value (US$ Mn), 2018 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. <90%
  - 8.1.1.2. >90%
8.2. Middle East & Africa N-Hexane Market Outlook, by Grade, Value (US$ Mn), 2018 - 2031
- 8.2.1. Key Highlights
  - 8.2.1.1. Oil Extraction
  - 8.2.1.2. Pharmaceutical
  - 8.2.1.3. Industrial
8.3. Middle East & Africa N-Hexane Market Outlook, by Application, Value (US$ Mn), 2018 - 2031
- 8.3.1. Key Highlights
  - 8.3.1.1. Oil Extraction
  - 8.3.1.2. Polymerization
  - 8.3.1.3. Pharmaceuticals
  - 8.3.1.4. Adhesive & Sealant
  - 8.3.1.5. Industrial Cleaning & Degreasing
  - 8.3.1.6. Rubber Processing
  - 8.3.1.7. Others (Inks, Glue, Leather Dressing, Etc.)
- 8.3.2. BPS Analysis/Market Attractiveness Analysis
8.4. Middle East & Africa N-Hexane Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
- 8.4.1. Key Highlights
  - 8.4.1.1. GCC N-Hexane Market by Purity, Value (US$ Mn), 2018 - 2031
  - 8.4.1.2. GCC N-Hexane Market by Grade, Value (US$ Mn), 2018 - 2031
  - 8.4.1.3. GCC N-Hexane Market by Application, Value (US$ Mn), 2018 - 2031
  - 8.4.1.4. South Africa N-Hexane Market by Purity, Value (US$ Mn), 2018 - 2031
  - 8.4.1.5. South Africa N-Hexane Market by Grade, Value (US$ Mn), 2018 - 2031
  - 8.4.1.6. South Africa N-Hexane Market by Application, Value (US$ Mn), 2018 - 2031
  - 8.4.1.7. Egypt N-Hexane Market by Purity, Value (US$ Mn), 2018 - 2031
  - 8.4.1.8. Egypt N-Hexane Market by Grade, Value (US$ Mn), 2018 - 2031
  - 8.4.1.9. Egypt N-Hexane Market by Application, Value (US$ Mn), 2018 - 2031
  - 8.4.1.10. Nigeria N-Hexane Market by Purity, Value (US$ Mn), 2018 - 2031
  - 8.4.1.11. Nigeria N-Hexane Market by Grade, Value (US$ Mn), 2018 - 2031
  - 8.4.1.12. Nigeria N-Hexane Market by Application, Value (US$ Mn), 2018 - 2031
  - 8.4.1.13. Rest of Middle East & Africa N-Hexane Market by Purity, Value (US$ Mn), 2018 - 2031
  - 8.4.1.14. Rest of Middle East & Africa N-Hexane Market by Grade, Value (US$ Mn), 2018 - 2031
  - 8.4.1.15. Rest of Middle East & Africa N-Hexane Market by Application, Value (US$ Mn), 2018 - 2031
- 8.4.2. BPS Analysis/Market Attractiveness Analysis

9. Competitive Landscape

9.1. By Application vs by Grade Heat map
9.2. Manufacturer vs by Grade Heatmap
9.3. Company Market Share Analysis, 2023
9.4. Competitive Dashboard
9.5. Company Profiles
- 9.5.1. ExxonMobil Corporation
  - 9.5.1.1. Company Overview
  - 9.5.1.2. Product Portfolio
  - 9.5.1.3. Financial Overview
  - 9.5.1.4. Business Strategies and Development
- 9.5.2. Royal Dutch Shell PLC
- 9.5.3. Indian Oil Corp. Ltd
- 9.5.4. Chevron Phillips Chemical Company LLC
- 9.5.5. Bharat Petroleum Corp. Ltd
- 9.5.6. Rompetrol Rafinare S.A.
- 9.5.7. Hindustan Petroleum Corporation Limited
- 9.5.8. Dongying Liangxin petrochemical company
- 9.5.9. Liaoning Yufeng Chemical Co., Ltd.
- 9.5.10. DHC Solvent Chemie GmbH
- 9.5.11. Sak Chaisidhi Company Limited

10. Appendix

10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations