Global Hexane Market Outlook to 2027
Hexane is an organic compound derived from crude oil and natural gas through various catalytic and thermal cracking processes. It is an unreactive, colorless, odorless, and relatively cost-effective solvent. It exhibits properties such as transparency, low water solubility, and easy miscibility with chloroform, alcohol, & ether.
According to BlueQuark Research & Consulting, the Global Hexane market is expected to witness a considerable growth rate during the forecast period. The major factors responsible for the global hexane market's growth are the increasing demand from the oil & gas extraction industry. Additionally, Hexane exhibits properties such as removing unwanted taste, color preservation, and other undesirable food properties. All these properties propel Hexane's demand in the edible oil industry.
Asia-Pacific region is projected to dominate the Global Hexane market. Increasing demand from the extraction application in the region is expected to foster market growth over the forecast period. Due to the rapid urbanization in the region, various applications' demand is expected to grow during the forecast period in textile, furniture, and printing industries, where Hexane is used as a cleaning agent.
Edible oil extraction is projected to dominate the application segment of the Global Hexane market. The rapid growth in the edible oil segment can be attributed to the rising awareness among consumers about refined oil and its impact on health.
The Global Hexane market is highly fragmented. Major companies in the market were found to be Bharat Petroleum Corporation Limited, Exxon Mobil Corporation, Jun Yuan Petroleum Group, Phillips 66 Company, Royal Dutch Shell PLC, and Indian Oil Corporation Ltd, among others.
Global HexaneMarketreport provides deep insight into the Hexane market's current and future state across various regions. The study comprehensively analyzes the Hexane market by segmenting based on Type (n-Hexane, Neohexane, and Isohexane), Grade (Food Grade, Polymer Grade, and Other Grades), Application (Edible Oil Extractant, Industrial Solvents, Paints & Coatings, Adhesives & Sealants, and Other Applications), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report examines the market drivers and restraints and the impact of Covid-19 on the market growth in detail. The study covers & includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies' profiles, including their market shares and projects.
According to BlueQuark Research & Consulting, the Global Hexane market is expected to witness a considerable growth rate during the forecast period. The major factors responsible for the global hexane market's growth are the increasing demand from the oil & gas extraction industry. Additionally, Hexane exhibits properties such as removing unwanted taste, color preservation, and other undesirable food properties. All these properties propel Hexane's demand in the edible oil industry.
Asia-Pacific region is projected to dominate the Global Hexane market. Increasing demand from the extraction application in the region is expected to foster market growth over the forecast period. Due to the rapid urbanization in the region, various applications' demand is expected to grow during the forecast period in textile, furniture, and printing industries, where Hexane is used as a cleaning agent.
Edible oil extraction is projected to dominate the application segment of the Global Hexane market. The rapid growth in the edible oil segment can be attributed to the rising awareness among consumers about refined oil and its impact on health.
The Global Hexane market is highly fragmented. Major companies in the market were found to be Bharat Petroleum Corporation Limited, Exxon Mobil Corporation, Jun Yuan Petroleum Group, Phillips 66 Company, Royal Dutch Shell PLC, and Indian Oil Corporation Ltd, among others.
Global HexaneMarketreport provides deep insight into the Hexane market's current and future state across various regions. The study comprehensively analyzes the Hexane market by segmenting based on Type (n-Hexane, Neohexane, and Isohexane), Grade (Food Grade, Polymer Grade, and Other Grades), Application (Edible Oil Extractant, Industrial Solvents, Paints & Coatings, Adhesives & Sealants, and Other Applications), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report examines the market drivers and restraints and the impact of Covid-19 on the market growth in detail. The study covers & includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies' profiles, including their market shares and projects.
1. Executive Summary
2. Research Scope and Methodology
2.1 Aim & Objective of the study
2.2 Market Definition
2.3 Study Information
2.4 General Study Assumptions
2.5 Research Phases
3. Market Analysis
3.1 Introduction
3.2 Market Dynamics
3.2.1 Drivers
3.2.2 Restraints
3.3 Market Trends & Developments
3.4 Market Opportunities
3.5 Feedstock Analysis
3.6 Regulatory Policies
3.7 Analysis of Covid-19 Impact
4. Industry Analysis
4.1 Supply Chain Analysis
4.2 Porter's Five Forces Analysis
4.2.1 Competition in the Industry
4.2.2 Potential of New Entrants into the Industry
4.2.3 Bargaining Power of Suppliers
4.2.4 Bargaining Power of Consumers
4.2.5 Threat of substitute products
5. Market Segmentation & Forecast
5.1 By Type
5.1.1 n-Hexane
5.1.2 Isohexane
5.1.3 Neohexane
5.2 By Grade
5.2.1 Polymer Grade
5.2.2 Food Grade
5.2.3 Other Grades
5.3 By Application
5.3.1 Industrial Solvents
5.3.2 Edible Oil Extractant
5.3.3 Adhesives and Sealants
5.3.4 Paints and Coatings
5.3.5 Other Applications
6. Regional Market Analysis
6.1 North America
6.1.1 United States
6.1.2 Canada
6.1.3 Mexico
6.2 Europe
6.2.1 German
6.2.2 United Kingdom
6.2.3 Italy
6.2.4 France
6.2.5 Spain
6.2.6 Rest of Europe
6.3 Asia-Pacific
6.3.1 China
6.3.2 India
6.3.3 Japan
6.3.4 South Korea
6.3.5 Rest of Asia-Pacific
6.4 South America
6.4.1 Brazil
6.4.2 Argentina
6.4.3 Rest of South America
6.5 Middle East & Africa
6.5.1 South Africa
6.5.2 Saudi Arabia
6.5.3 Rest of Middle East & Africa
7. Key Company Profiles
7.1 Bharat Petroleum Corporation Limited
7.2 Exxon Mobil Corporation
7.3 Indian Oil Corporation Ltd
7.4 Jun Yuan Petroleum Group
7.5 Liaoning Yufeng Chemical Co. Ltd
7.6 Merck KGaA
7.7 Phillips 66 Company
7.8 Rompetrol-Rafinare
7.9 Royal Dutch Shell PLC
7.10 Sumitomo Chemical Co. Ltd
7.11 Chevron Phillips Chemical Company
7.12 China Petroleum & Chemical Corporation
7.13 Liaoyang Yufeng Chemical Co., Ltd.
7.14 Mil-Spec Industries Corp.
7.15 Environmental Equipment & Supply
7.16 GFS Chemicals, Inc.
7.17 Continental Chemical
7.18 City Chemical LLC
7.19 AquaPhoenix Scientific
7.20 NOAH Technologies Corporation
8. Competitive Landscape
8.1 List of Notable Players in the Market
8.2 M&A, JV, and Agreements
8.3 Market Share Analysis
8.4 Strategies of Key Players
9. Conclusions and Recommendations
2. Research Scope and Methodology
2.1 Aim & Objective of the study
2.2 Market Definition
2.3 Study Information
2.4 General Study Assumptions
2.5 Research Phases
3. Market Analysis
3.1 Introduction
3.2 Market Dynamics
3.2.1 Drivers
3.2.2 Restraints
3.3 Market Trends & Developments
3.4 Market Opportunities
3.5 Feedstock Analysis
3.6 Regulatory Policies
3.7 Analysis of Covid-19 Impact
4. Industry Analysis
4.1 Supply Chain Analysis
4.2 Porter's Five Forces Analysis
4.2.1 Competition in the Industry
4.2.2 Potential of New Entrants into the Industry
4.2.3 Bargaining Power of Suppliers
4.2.4 Bargaining Power of Consumers
4.2.5 Threat of substitute products
5. Market Segmentation & Forecast
5.1 By Type
5.1.1 n-Hexane
5.1.2 Isohexane
5.1.3 Neohexane
5.2 By Grade
5.2.1 Polymer Grade
5.2.2 Food Grade
5.2.3 Other Grades
5.3 By Application
5.3.1 Industrial Solvents
5.3.2 Edible Oil Extractant
5.3.3 Adhesives and Sealants
5.3.4 Paints and Coatings
5.3.5 Other Applications
6. Regional Market Analysis
6.1 North America
6.1.1 United States
6.1.2 Canada
6.1.3 Mexico
6.2 Europe
6.2.1 German
6.2.2 United Kingdom
6.2.3 Italy
6.2.4 France
6.2.5 Spain
6.2.6 Rest of Europe
6.3 Asia-Pacific
6.3.1 China
6.3.2 India
6.3.3 Japan
6.3.4 South Korea
6.3.5 Rest of Asia-Pacific
6.4 South America
6.4.1 Brazil
6.4.2 Argentina
6.4.3 Rest of South America
6.5 Middle East & Africa
6.5.1 South Africa
6.5.2 Saudi Arabia
6.5.3 Rest of Middle East & Africa
7. Key Company Profiles
7.1 Bharat Petroleum Corporation Limited
7.2 Exxon Mobil Corporation
7.3 Indian Oil Corporation Ltd
7.4 Jun Yuan Petroleum Group
7.5 Liaoning Yufeng Chemical Co. Ltd
7.6 Merck KGaA
7.7 Phillips 66 Company
7.8 Rompetrol-Rafinare
7.9 Royal Dutch Shell PLC
7.10 Sumitomo Chemical Co. Ltd
7.11 Chevron Phillips Chemical Company
7.12 China Petroleum & Chemical Corporation
7.13 Liaoyang Yufeng Chemical Co., Ltd.
7.14 Mil-Spec Industries Corp.
7.15 Environmental Equipment & Supply
7.16 GFS Chemicals, Inc.
7.17 Continental Chemical
7.18 City Chemical LLC
7.19 AquaPhoenix Scientific
7.20 NOAH Technologies Corporation
*List of companies is not exhaustive
8. Competitive Landscape
8.1 List of Notable Players in the Market
8.2 M&A, JV, and Agreements
8.3 Market Share Analysis
8.4 Strategies of Key Players
9. Conclusions and Recommendations
LIST OF TABLES
Global Hexane Market, in USD Million, 2016-2025
Global Hexane Market, Opportunities, 2016-2025
n-Hexane – Hexane Market, in USD Million, 2016-2025
Isohexane – Hexane Market, in USD Million, 2016-2025
Neohexane – Hexane Market, in USD Million, 2016-2025
Polymer Grade – Hexane Market, in USD Million, 2016-2025
Food Grade – Hexane Market, in USD Million, 2016-2025
Other Grades – Hexane Market, in USD Million, 2016-2025
Industrial Solvents – Hexane Market, in USD Million, 2016-2025
Edible Oil Extractant – Hexane Market, in USD Million, 2016-2025
Adhesives and Sealants – Hexane Market, in USD Million, 2016-2025
Paints and Coatings – Hexane Market, in USD Million, 2016-2025
Other Applications – Hexane Market, in USD Million, 2016-2025
North America - Hexane Market, in USD Million, 2016-2025
Europe – Hexane Market, in USD Million, 2016-2025
Asia-Pacific - Hexane Market, in USD Million, 2016-2025
South America - Hexane Market, in USD Million, 2016-2025
Middle East & Africa - Hexane Market, in USD Million, 2016-2025
Hexane - Market Share of Key Companies in 2019
Other Supporting Charts
Edible Oil Industry Growth Data, 2013-2019
Petrochemical Industry Growth Data, 2013-2019
Global Hexane Market, in USD Million, 2016-2025
Global Hexane Market, Opportunities, 2016-2025
n-Hexane – Hexane Market, in USD Million, 2016-2025
Isohexane – Hexane Market, in USD Million, 2016-2025
Neohexane – Hexane Market, in USD Million, 2016-2025
Polymer Grade – Hexane Market, in USD Million, 2016-2025
Food Grade – Hexane Market, in USD Million, 2016-2025
Other Grades – Hexane Market, in USD Million, 2016-2025
Industrial Solvents – Hexane Market, in USD Million, 2016-2025
Edible Oil Extractant – Hexane Market, in USD Million, 2016-2025
Adhesives and Sealants – Hexane Market, in USD Million, 2016-2025
Paints and Coatings – Hexane Market, in USD Million, 2016-2025
Other Applications – Hexane Market, in USD Million, 2016-2025
North America - Hexane Market, in USD Million, 2016-2025
Europe – Hexane Market, in USD Million, 2016-2025
Asia-Pacific - Hexane Market, in USD Million, 2016-2025
South America - Hexane Market, in USD Million, 2016-2025
Middle East & Africa - Hexane Market, in USD Million, 2016-2025
Hexane - Market Share of Key Companies in 2019
Other Supporting Charts
Edible Oil Industry Growth Data, 2013-2019
Petrochemical Industry Growth Data, 2013-2019
