The global Hexane market size was valued at US$ 1326.7 million in 2023. With growing demand in downstream market, the Hexane is forecast to a readjusted size of US$ 1667.4 million by 2030 with a CAGR of 3.3% during review period.
The research report highlights the growth potential of the global Hexane market. Hexane are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Hexane. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Hexane market.
Hexane is an alkane of six carbon atoms, with the chemical formula C6H14. The term may refer to any of the five structural isomers with that formula, or to a mixture of them. Hexane is an organic compound made of carbon and hydrogen that is most commonly isolated as a byproduct of petroleum and crude oil refinement. At room temperature it is an odorless, colorless liquid.
The major use for solvents containing hexane is to extract vegetable oils from crops such as soybeans, flax, peanuts, and safflower seed. They are also used as cleaning agents in the textile, furniture, shoemaking, and printing industries, particularly rotogravure printing. Hexane is also an ingredient of special glues that are used in the roofing, shoe, and leather industries. Hexane is used in binding books, working leather, shaping pills and tablets, canning, manufacturing tires, and making baseballs.
China is the largest Hexane market with about 32% market share. Asia(except China) is follower, accounting for about 21% market share.
The key players are Shell, Phillips 66, Exxon Mobil, Chevron Phillips Chemical, Bharat Petroleum, SK Chem, Sumitomo, Subaru Corporation, SINOPEC, Yangzi Chemical, Yufeng Chemical, Liangxin Petrochemical, CNPC, Junyuan Petroleum, HeLiShi Petroleum, Jihua Group, Yanshan Petrochemical, ZT League Chemical etc. Top 3 companies occupied about 26% market share.
Key Features:
The report on Hexane market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Hexane market. It may include historical data, market segmentation by Type (e.g., N-hexane, Isohexane), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Hexane market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Hexane market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Hexane industry. This include advancements in Hexane technology, Hexane new entrants, Hexane new investment, and other innovations that are shaping the future of Hexane.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Hexane market. It includes factors influencing customer ' purchasing decisions, preferences for Hexane product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Hexane market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Hexane market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Hexane market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Hexane industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Hexane market.
Market Segmentation:
Hexane market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
N-hexane
Isohexane
Neohexane
Segmentation by application
Industrial Solvents
Edible-oil Extractant
Adhesives & Sealants
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Shell
Phillips 66
Exxon Mobil
Chevron Phillips Chemical
Bharat Petroleum
SK Chem
Sumitomo
Subaru Corporation
SINOPEC
Yangzi Chemical
Yufeng Chemical
Liangxin Petrochemical
CNPC
Junyuan Petroleum
HeLiShi Petroleum
Jihua Group
Yanshan Petrochemical
ZT League Chemical
Key Questions Addressed in this Report
What is the 10-year outlook for the global Hexane market?
What factors are driving Hexane market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Hexane market opportunities vary by end market size?
How does Hexane break out type, application?
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1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Hexane Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Hexane by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Hexane by Country/Region, 2019, 2023 & 2030
2.2 Hexane Segment by Type
2.2.1 N-hexane
2.2.2 Isohexane
2.2.3 Neohexane
2.3 Hexane Sales by Type
2.3.1 Global Hexane Sales Market Share by Type (2019-2024)
2.3.2 Global Hexane Revenue and Market Share by Type (2019-2024)
2.3.3 Global Hexane Sale Price by Type (2019-2024)
2.4 Hexane Segment by Application
2.4.1 Industrial Solvents
2.4.2 Edible-oil Extractant
2.4.3 Adhesives & Sealants
2.4.4 Others
2.5 Hexane Sales by Application
2.5.1 Global Hexane Sale Market Share by Application (2019-2024)
2.5.2 Global Hexane Revenue and Market Share by Application (2019-2024)
2.5.3 Global Hexane Sale Price by Application (2019-2024)
3 Global Hexane by Company
3.1 Global Hexane Breakdown Data by Company
3.1.1 Global Hexane Annual Sales by Company (2019-2024)
3.1.2 Global Hexane Sales Market Share by Company (2019-2024)
3.2 Global Hexane Annual Revenue by Company (2019-2024)
3.2.1 Global Hexane Revenue by Company (2019-2024)
3.2.2 Global Hexane Revenue Market Share by Company (2019-2024)
3.3 Global Hexane Sale Price by Company
3.4 Key Manufacturers Hexane Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Hexane Product Location Distribution
3.4.2 Players Hexane Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Hexane by Geographic Region
4.1 World Historic Hexane Market Size by Geographic Region (2019-2024)
4.1.1 Global Hexane Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Hexane Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Hexane Market Size by Country/Region (2019-2024)
4.2.1 Global Hexane Annual Sales by Country/Region (2019-2024)
4.2.2 Global Hexane Annual Revenue by Country/Region (2019-2024)
4.3 Americas Hexane Sales Growth
4.4 APAC Hexane Sales Growth
4.5 Europe Hexane Sales Growth
4.6 Middle East & Africa Hexane Sales Growth
5 Americas
5.1 Americas Hexane Sales by Country
5.1.1 Americas Hexane Sales by Country (2019-2024)
5.1.2 Americas Hexane Revenue by Country (2019-2024)
5.2 Americas Hexane Sales by Type
5.3 Americas Hexane Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Hexane Sales by Region
6.1.1 APAC Hexane Sales by Region (2019-2024)
6.1.2 APAC Hexane Revenue by Region (2019-2024)
6.2 APAC Hexane Sales by Type
6.3 APAC Hexane Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Hexane by Country
7.1.1 Europe Hexane Sales by Country (2019-2024)
7.1.2 Europe Hexane Revenue by Country (2019-2024)
7.2 Europe Hexane Sales by Type
7.3 Europe Hexane Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Hexane by Country
8.1.1 Middle East & Africa Hexane Sales by Country (2019-2024)
8.1.2 Middle East & Africa Hexane Revenue by Country (2019-2024)
8.2 Middle East & Africa Hexane Sales by Type
8.3 Middle East & Africa Hexane Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Hexane
10.3 Manufacturing Process Analysis of Hexane
10.4 Industry Chain Structure of Hexane
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Hexane Distributors
11.3 Hexane Customer
12 World Forecast Review for Hexane by Geographic Region
12.1 Global Hexane Market Size Forecast by Region
12.1.1 Global Hexane Forecast by Region (2025-2030)
12.1.2 Global Hexane Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Hexane Forecast by Type
12.7 Global Hexane Forecast by Application
13 Key Players Analysis
13.1 Shell
13.1.1 Shell Company Information
13.1.2 Shell Hexane Product Portfolios and Specifications
13.1.3 Shell Hexane Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Shell Main Business Overview
13.1.5 Shell Latest Developments
13.2 Phillips 66
13.2.1 Phillips 66 Company Information
13.2.2 Phillips 66 Hexane Product Portfolios and Specifications
13.2.3 Phillips 66 Hexane Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 Phillips 66 Main Business Overview
13.2.5 Phillips 66 Latest Developments
13.3 Exxon Mobil
13.3.1 Exxon Mobil Company Information
13.3.2 Exxon Mobil Hexane Product Portfolios and Specifications
13.3.3 Exxon Mobil Hexane Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 Exxon Mobil Main Business Overview
13.3.5 Exxon Mobil Latest Developments
13.4 Chevron Phillips Chemical
13.4.1 Chevron Phillips Chemical Company Information
13.4.2 Chevron Phillips Chemical Hexane Product Portfolios and Specifications
13.4.3 Chevron Phillips Chemical Hexane Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 Chevron Phillips Chemical Main Business Overview
13.4.5 Chevron Phillips Chemical Latest Developments
13.5 Bharat Petroleum
13.5.1 Bharat Petroleum Company Information
13.5.2 Bharat Petroleum Hexane Product Portfolios and Specifications
13.5.3 Bharat Petroleum Hexane Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Bharat Petroleum Main Business Overview
13.5.5 Bharat Petroleum Latest Developments
13.6 SK Chem
13.6.1 SK Chem Company Information
13.6.2 SK Chem Hexane Product Portfolios and Specifications
13.6.3 SK Chem Hexane Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 SK Chem Main Business Overview
13.6.5 SK Chem Latest Developments
13.7 Sumitomo
13.7.1 Sumitomo Company Information
13.7.2 Sumitomo Hexane Product Portfolios and Specifications
13.7.3 Sumitomo Hexane Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 Sumitomo Main Business Overview
13.7.5 Sumitomo Latest Developments
13.8 Subaru Corporation
13.8.1 Subaru Corporation Company Information
13.8.2 Subaru Corporation Hexane Product Portfolios and Specifications
13.8.3 Subaru Corporation Hexane Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 Subaru Corporation Main Business Overview
13.8.5 Subaru Corporation Latest Developments
13.9 SINOPEC
13.9.1 SINOPEC Company Information
13.9.2 SINOPEC Hexane Product Portfolios and Specifications
13.9.3 SINOPEC Hexane Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 SINOPEC Main Business Overview
13.9.5 SINOPEC Latest Developments
13.10 Yangzi Chemical
13.10.1 Yangzi Chemical Company Information
13.10.2 Yangzi Chemical Hexane Product Portfolios and Specifications
13.10.3 Yangzi Chemical Hexane Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 Yangzi Chemical Main Business Overview
13.10.5 Yangzi Chemical Latest Developments
13.11 Yufeng Chemical
13.11.1 Yufeng Chemical Company Information
13.11.2 Yufeng Chemical Hexane Product Portfolios and Specifications
13.11.3 Yufeng Chemical Hexane Sales, Revenue, Price and Gross Margin (2019-2024)
13.11.4 Yufeng Chemical Main Business Overview
13.11.5 Yufeng Chemical Latest Developments
13.12 Liangxin Petrochemical
13.12.1 Liangxin Petrochemical Company Information
13.12.2 Liangxin Petrochemical Hexane Product Portfolios and Specifications
13.12.3 Liangxin Petrochemical Hexane Sales, Revenue, Price and Gross Margin (2019-2024)
13.12.4 Liangxin Petrochemical Main Business Overview
13.12.5 Liangxin Petrochemical Latest Developments
13.13 CNPC
13.13.1 CNPC Company Information
13.13.2 CNPC Hexane Product Portfolios and Specifications
13.13.3 CNPC Hexane Sales, Revenue, Price and Gross Margin (2019-2024)
13.13.4 CNPC Main Business Overview
13.13.5 CNPC Latest Developments
13.14 Junyuan Petroleum
13.14.1 Junyuan Petroleum Company Information
13.14.2 Junyuan Petroleum Hexane Product Portfolios and Specifications
13.14.3 Junyuan Petroleum Hexane Sales, Revenue, Price and Gross Margin (2019-2024)
13.14.4 Junyuan Petroleum Main Business Overview
13.14.5 Junyuan Petroleum Latest Developments
13.15 HeLiShi Petroleum
13.15.1 HeLiShi Petroleum Company Information
13.15.2 HeLiShi Petroleum Hexane Product Portfolios and Specifications
13.15.3 HeLiShi Petroleum Hexane Sales, Revenue, Price and Gross Margin (2019-2024)
13.15.4 HeLiShi Petroleum Main Business Overview
13.15.5 HeLiShi Petroleum Latest Developments
13.16 Jihua Group
13.16.1 Jihua Group Company Information
13.16.2 Jihua Group Hexane Product Portfolios and Specifications
13.16.3 Jihua Group Hexane Sales, Revenue, Price and Gross Margin (2019-2024)
13.16.4 Jihua Group Main Business Overview
13.16.5 Jihua Group Latest Developments
13.17 Yanshan Petrochemical
13.17.1 Yanshan Petrochemical Company Information
13.17.2 Yanshan Petrochemical Hexane Product Portfolios and Specifications
13.17.3 Yanshan Petrochemical Hexane Sales, Revenue, Price and Gross Margin (2019-2024)
13.17.4 Yanshan Petrochemical Main Business Overview
13.17.5 Yanshan Petrochemical Latest Developments
13.18 ZT League Chemical
13.18.1 ZT League Chemical Company Information
13.18.2 ZT League Chemical Hexane Product Portfolios and Specifications
13.18.3 ZT League Chemical Hexane Sales, Revenue, Price and Gross Margin (2019-2024)
13.18.4 ZT League Chemical Main Business Overview
13.18.5 ZT League Chemical Latest Developments
14 Research Findings and Conclusion
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*If Applicable.
