Los Angeles, CA -- (SBWIRE) -- 04/18/2019 -- N-hexane is a highly volatile aliphatac hydrocarbon. It is a commercial and industrial product that contains a mixture of hydrocarbons with six carbon atoms. It is a colorless liquid at room temperature with a slight gasoline smell. It is flammable and may be an explosion hazard. It also is highly reactive with certain materials, including liquid chlorine, concentrated oxygen, and sodium hypochlorite.
N-Hexane is a colorless volatile liquid that is insoluble in water and highly flammable. It mainly acts as solvent in many fields, such as edible oils, glues (rubber cement, adhesives), varnishes, and inks and so on. Among various applications, Industrial Solvents hold the largest consumption share, with 49.49% in 2017.
N-Hexane increased from 660.1 K MT in 2013 to 711.2 K MT in 2017. Asia-Pacific is the largest consumer of N-Hexane. Nearly 40% go into the Asia-Pacific region each year. China is the leading players in the market. The second consumer is North America, which contributed 27.11% share in the global N-Hexane consumption market in 2017.
The global N-Hexane market was 820 million US$ in 2018 and is expected to 930 million US$ by the end of 2025, growing at a CAGR of 1.8% between 2019 and 2025.
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This report studies the N-Hexane market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of N-Hexane in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Phillipes 66
Exxon Mobil
Chevron Phillips Chemical
Bharat Petroleum
SK Chem
Sumitomo
Subaru Corporation
SINOPEC
CNPC
Junyuan Petroleum
Haishunde
Yufeng Chemical
By the product type, the market is primarily split into
60% N-Hexane
80% N-Hexane
Other
By the end users/application, this report covers the following segments
Industrial Solvents
Edible-Oil Extractant
Adhesives & Sealants
Others
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