
The global Hexanoic Acid market size was US$ 44.3 million in 2024 and is forecast to a readjusted size of US$ 53.2 million by 2031 with a CAGR of 2.7% during the forecast period 2025-2031.
Hexanoic acid (caproic acid) is a short chain fatty acid, which is found in various plant oils including palm oil and coconut oil, and animal fats such as cow and goat milk. The primary use of hexanoic acid is in the manufacture of its esters for artificial flavors, and in the manufacture of hexyl derivatives, such as hexylphenols.
Global Hexanoic Acid key players include KLK OLEO, Pacific Oleochemicals, IOI Oleochemical, Hebei Kezheng, Musim Mas Holdings, etc. Global top five manufacturers hold a share about 65%. Europe is the largest market, with a share about 30%, followed by Southeast Asia, with a share about 25 percent. In terms of product, 98% Type is the largest segment, with a share about 70%. And in terms of application, the largest application is Flavoring and Perfuming Agent, followed by Daily Chemicals, Metal Working Fluid, etc.
The global Hexanoic Acid market is strategically segmented by company, region (country), by Type, and by Application. This report empowers stakeholders to capitalize on emerging opportunities, optimize product strategies, and outperform competitors through data-driven insights on sales, revenue, and forecasts across regions, by Type, and by Application for 2020-2031.
Market Segmentation
By Company:
KLK OLEO
Pacific Oleochemicals
Oleon
Ecogreen Oleochemicals
Musim Mas Holdings
IOI Oleochemical
Hebei Kezheng
Zhengzhou YiBang
By Type: (Dominant Segment vs High-Margin Innovation)
0.98
0.99
By Application: (Core Demand Driver vs Emerging Opportunity)
Flavoring and Perfuming Agent
Metal Working Fluid
Daily Chemicals
Others
By Region
Macro-Regional Analysis: Market Size & Growth Forecasts
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Micro-Local Market Deep Dive: Strategic Insights
- Competitive Landscape: Player dominance vs. disruptors (e.g., KLK OLEO in Europe)
- Emerging Product Trends: 0.98 adoption vs. 0.99 premiumization
- Demand-Side Dynamics: Flavoring and Perfuming Agent growth in China vs. Metal Working Fluid potential in Europe
- Localized Consumer Needs: Regulatory hurdles in EU vs. price sensitivity in India
Focus Markets:
Europe
China
Southeast Asia
Chapter Outline
Chapter 1: Report scope, executive summary, and market evolution scenarios (short/mid/long term).
Chapter 2: Quantitative analysis of Hexanoic Acid market size and growth potential at global, regional, and country levels.
Chapter 3: Competitive benchmarking of manufacturers (revenue, market share, M&A, R&D focus).
Chapter 4: Type-based segmentation analysis – Uncovering blue ocean markets (e.g., 0.99 in China).
Chapter 5: Application-based segmentation analysis – High-growth downstream opportunities (e.g., Metal Working Fluid in India).
Chapter 6: Regional sales and revenue breakdown by company, type, application and customer.
Chapter 7: Key manufacturer profiles – Financials, product portfolios, and strategic developments.
Chapter 8: Market dynamics – Drivers, restraints, regulatory impacts, and risk mitigation strategies.
Chapter 9: Actionable conclusions and strategic recommendations.
Why This Report?
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Hexanoic Acid value chain, addressing:
- Market entry risks/opportunities by region
- Product mix optimization based on local practices
- Competitor tactics in fragmented vs. consolidated markets
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Market Overview
1.1 Hexanoic Acid Product Scope
1.2 Hexanoic Acid by Type
1.2.1 Global Hexanoic Acid Sales by Type (2020 & 2024 & 2031)
1.2.2 0.98
1.2.3 0.99
1.3 Hexanoic Acid by Application
1.3.1 Global Hexanoic Acid Sales Comparison by Application (2020 & 2024 & 2031)
1.3.2 Flavoring and Perfuming Agent
1.3.3 Metal Working Fluid
1.3.4 Daily Chemicals
1.3.5 Others
1.4 Global Hexanoic Acid Market Estimates and Forecasts (2020-2031)
1.4.1 Global Hexanoic Acid Market Size in Value Growth Rate (2020-2031)
1.4.2 Global Hexanoic Acid Market Size in Volume Growth Rate (2020-2031)
1.4.3 Global Hexanoic Acid Price Trends (2020-2031)
1.5 Assumptions and Limitations
2 Market Size and Prospective by Region
2.1 Global Hexanoic Acid Market Size by Region: 2020 VS 2024 VS 2031
2.2 Global Hexanoic Acid Retrospective Market Scenario by Region (2020-2025)
2.2.1 Global Hexanoic Acid Sales Market Share by Region (2020-2025)
2.2.2 Global Hexanoic Acid Revenue Market Share by Region (2020-2025)
2.3 Global Hexanoic Acid Market Estimates and Forecasts by Region (2026-2031)
2.3.1 Global Hexanoic Acid Sales Estimates and Forecasts by Region (2026-2031)
2.3.2 Global Hexanoic Acid Revenue Forecast by Region (2026-2031)
2.4 Major Region and Emerging Market Analysis
2.4.1 Europe Hexanoic Acid Market Size and Prospective (2020-2031)
2.4.2 China Hexanoic Acid Market Size and Prospective (2020-2031)
2.4.3 Southeast Asia Hexanoic Acid Market Size and Prospective (2020-2031)
3 Global Market Size by Type
3.1 Global Hexanoic Acid Historic Market Review by Type (2020-2025)
3.1.1 Global Hexanoic Acid Sales by Type (2020-2025)
3.1.2 Global Hexanoic Acid Revenue by Type (2020-2025)
3.1.3 Global Hexanoic Acid Price by Type (2020-2025)
3.2 Global Hexanoic Acid Market Estimates and Forecasts by Type (2026-2031)
3.2.1 Global Hexanoic Acid Sales Forecast by Type (2026-2031)
3.2.2 Global Hexanoic Acid Revenue Forecast by Type (2026-2031)
3.2.3 Global Hexanoic Acid Price Forecast by Type (2026-2031)
3.3 Different Types Hexanoic Acid Representative Players
4 Global Market Size by Application
4.1 Global Hexanoic Acid Historic Market Review by Application (2020-2025)
4.1.1 Global Hexanoic Acid Sales by Application (2020-2025)
4.1.2 Global Hexanoic Acid Revenue by Application (2020-2025)
4.1.3 Global Hexanoic Acid Price by Application (2020-2025)
4.2 Global Hexanoic Acid Market Estimates and Forecasts by Application (2026-2031)
4.2.1 Global Hexanoic Acid Sales Forecast by Application (2026-2031)
4.2.2 Global Hexanoic Acid Revenue Forecast by Application (2026-2031)
4.2.3 Global Hexanoic Acid Price Forecast by Application (2026-2031)
4.3 New Sources of Growth in Hexanoic Acid Application
5 Competition Landscape by Players
5.1 Global Hexanoic Acid Sales by Players (2020-2025)
5.2 Global Top Hexanoic Acid Players by Revenue (2020-2025)
5.3 Global Hexanoic Acid Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Hexanoic Acid as of 2024)
5.4 Global Hexanoic Acid Average Price by Company (2020-2025)
5.5 Global Key Manufacturers of Hexanoic Acid, Manufacturing Sites & Headquarters
5.6 Global Key Manufacturers of Hexanoic Acid, Product Type & Application
5.7 Global Key Manufacturers of Hexanoic Acid, Date of Enter into This Industry
5.8 Manufacturers Mergers & Acquisitions, Expansion Plans
6 Region Analysis
6.1 Europe Market: Players, Segments, Downstream and Major Customers
6.1.1 Europe Hexanoic Acid Sales by Company
6.1.1.1 Europe Hexanoic Acid Sales by Company (2020-2025)
6.1.1.2 Europe Hexanoic Acid Revenue by Company (2020-2025)
6.1.2 Europe Hexanoic Acid Sales Breakdown by Type (2020-2025)
6.1.3 Europe Hexanoic Acid Sales Breakdown by Application (2020-2025)
6.1.4 Europe Hexanoic Acid Major Customer
6.1.5 Europe Market Trend and Opportunities
6.2 China Market: Players, Segments, Downstream and Major Customers
6.2.1 China Hexanoic Acid Sales by Company
6.2.1.1 China Hexanoic Acid Sales by Company (2020-2025)
6.2.1.2 China Hexanoic Acid Revenue by Company (2020-2025)
6.2.2 China Hexanoic Acid Sales Breakdown by Type (2020-2025)
6.2.3 China Hexanoic Acid Sales Breakdown by Application (2020-2025)
6.2.4 China Hexanoic Acid Major Customer
6.2.5 China Market Trend and Opportunities
6.3 Southeast Asia Market: Players, Segments, Downstream and Major Customers
6.3.1 Southeast Asia Hexanoic Acid Sales by Company
6.3.1.1 Southeast Asia Hexanoic Acid Sales by Company (2020-2025)
6.3.1.2 Southeast Asia Hexanoic Acid Revenue by Company (2020-2025)
6.3.2 Southeast Asia Hexanoic Acid Sales Breakdown by Type (2020-2025)
6.3.3 Southeast Asia Hexanoic Acid Sales Breakdown by Application (2020-2025)
6.3.4 Southeast Asia Hexanoic Acid Major Customer
6.3.5 Southeast Asia Market Trend and Opportunities
7 Company Profiles and Key Figures
7.1 KLK OLEO
7.1.1 KLK OLEO Company Information
7.1.2 KLK OLEO Business Overview
7.1.3 KLK OLEO Hexanoic Acid Sales, Revenue and Gross Margin (2020-2025)
7.1.4 KLK OLEO Hexanoic Acid Products Offered
7.1.5 KLK OLEO Recent Development
7.2 Pacific Oleochemicals
7.2.1 Pacific Oleochemicals Company Information
7.2.2 Pacific Oleochemicals Business Overview
7.2.3 Pacific Oleochemicals Hexanoic Acid Sales, Revenue and Gross Margin (2020-2025)
7.2.4 Pacific Oleochemicals Hexanoic Acid Products Offered
7.2.5 Pacific Oleochemicals Recent Development
7.3 Oleon
7.3.1 Oleon Company Information
7.3.2 Oleon Business Overview
7.3.3 Oleon Hexanoic Acid Sales, Revenue and Gross Margin (2020-2025)
7.3.4 Oleon Hexanoic Acid Products Offered
7.3.5 Oleon Recent Development
7.4 Ecogreen Oleochemicals
7.4.1 Ecogreen Oleochemicals Company Information
7.4.2 Ecogreen Oleochemicals Business Overview
7.4.3 Ecogreen Oleochemicals Hexanoic Acid Sales, Revenue and Gross Margin (2020-2025)
7.4.4 Ecogreen Oleochemicals Hexanoic Acid Products Offered
7.4.5 Ecogreen Oleochemicals Recent Development
7.5 Musim Mas Holdings
7.5.1 Musim Mas Holdings Company Information
7.5.2 Musim Mas Holdings Business Overview
7.5.3 Musim Mas Holdings Hexanoic Acid Sales, Revenue and Gross Margin (2020-2025)
7.5.4 Musim Mas Holdings Hexanoic Acid Products Offered
7.5.5 Musim Mas Holdings Recent Development
7.6 IOI Oleochemical
7.6.1 IOI Oleochemical Company Information
7.6.2 IOI Oleochemical Business Overview
7.6.3 IOI Oleochemical Hexanoic Acid Sales, Revenue and Gross Margin (2020-2025)
7.6.4 IOI Oleochemical Hexanoic Acid Products Offered
7.6.5 IOI Oleochemical Recent Development
7.7 Hebei Kezheng
7.7.1 Hebei Kezheng Company Information
7.7.2 Hebei Kezheng Business Overview
7.7.3 Hebei Kezheng Hexanoic Acid Sales, Revenue and Gross Margin (2020-2025)
7.7.4 Hebei Kezheng Hexanoic Acid Products Offered
7.7.5 Hebei Kezheng Recent Development
7.8 Zhengzhou YiBang
7.8.1 Zhengzhou YiBang Company Information
7.8.2 Zhengzhou YiBang Business Overview
7.8.3 Zhengzhou YiBang Hexanoic Acid Sales, Revenue and Gross Margin (2020-2025)
7.8.4 Zhengzhou YiBang Hexanoic Acid Products Offered
7.8.5 Zhengzhou YiBang Recent Development
8 Hexanoic Acid Manufacturing Cost Analysis
8.1 Hexanoic Acid Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Suppliers of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of Hexanoic Acid
8.4 Hexanoic Acid Industrial Chain Analysis
9 Marketing Channel, Distributors and Customers
9.1 Marketing Channel
9.2 Hexanoic Acid Distributors List
9.3 Hexanoic Acid Customers
10 Hexanoic Acid Market Dynamics
10.1 Hexanoic Acid Industry Trends
10.2 Hexanoic Acid Market Drivers
10.3 Hexanoic Acid Market Challenges
10.4 Hexanoic Acid Market Restraints
11 Research Findings and Conclusion
12 Appendix
12.1 Research Methodology
12.1.1 Methodology/Research Approach
12.1.1.1 Research Programs/Design
12.1.1.2 Market Size Estimation
12.1.1.3 Market Breakdown and Data Triangulation
12.1.2 Data Source
12.1.2.1 Secondary Sources
12.1.2.2 Primary Sources
12.2 Author Details
12.3 Disclaimer
KLK OLEO
Pacific Oleochemicals
Oleon
Ecogreen Oleochemicals
Musim Mas Holdings
IOI Oleochemical
Hebei Kezheng
Zhengzhou YiBang
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*If Applicable.
