Outlook on the Global N-Hexane Market, 2019 to 2024: Leading Players are Rompetrol, Royal Dutch Shell, ExxonMobil Corporation, Sinopec China, and Junyuan Petroleum Group - ResearchAndMarkets.com
The "N-Hexane Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.
The "N-Hexane
Market: Global Industry Trends, Share, Size, Growth, Opportunity and
Forecast 2019-2024" report has been added to ResearchAndMarkets.com's
offering.
The global n-hexane market reached a volume of 2.71 Million Tons in
2018, registering a CAGR of 2.8% during 2011-2018. According to this
research, the market is projected to reach a volume of 2.98 Million Tons
by 2024, exhibiting a CAGR of 1.5% during 2019-2024.
N-hexane is widely used as a primary solvent for industrial and chemical
products such as leather, paint, polypropylene and rubber. Growth in the
sales of these products is expected to drive the demand for n-hexane
during the forecast period.
Apart from this, the pharmaceutical industry represents one of the
largest consumers of n-hexane as it used for shaping pills and tablets
along with use in various synthesis and separations.
Moreover, it offers multiple advantages over other solvents such as
cost-effectiveness and recyclability. Additionally, it is easy to remove
it from solids and oil owing to which there has been an apparent shift
towards its use in different applications.
Breakup by Application:
- Edible Oil Extraction
- Healthcare
- Industrial Solvent
- Adhesive Formulation
At present, n-hexane is majorly used as an edible oil extractant as it
provides a high yield from oilseeds. Another advantage it offers in oil
extraction is its recyclability as it can be reused after the extraction
process. It also removes unwanted taste and odor from the oil, unlike
other extraction agents.
Regional Insights:
- Asia-Pacific
- Europe
- North America
- Middle East and Africa
- Latin America
On the geographical front, Asia-Pacific represents the largest regional
market. This can be attributed to the increasing population and growing
demand for refined oil in countries like China and India.
Competitive Landscape:
The market is highly fragmented with the presence of numerous small and
large manufacturers who compete in terms of prices and quality. Some of
the leading players operating in the market are:
- Rompetrol
- Royal Dutch Shell PLC
- Exxon Mobil Corporation
- Sinopec China
- Junyuan Petroleum Group
The essential aspects of the global n-hexane market evaluated in
the report include:
- Market trends
- Major regions
- Key application areas
- Key manufacturers
- Price trends
- Raw material requirements
- Value chain analysis
- Market trends for major feedstocks
- Price trends for major feedstocks
- Key regions for major feedstocks
- Key application areas for major feedstocks
- Key suppliers of major feedstocks
Topics Covered
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.4 Market Estimation
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Properties
4.3 Key Industry Trends
5 Global N-Hexane Industry
5.1 Market Overview
5.2 Market Performance
5.2.1 Volume Trends
5.2.2 Value Trends
5.3 Price Trends
5.4 Market Breakup by Region
5.5 Market Breakup by Application
5.6 Market Forecast
5.7 SWOT Analysis
5.8 Value Chain Analysis
5.8.1 Overview
5.8.2 Research and Development
5.8.3 Raw Material Procurement
5.8.4 Manufacturer
5.8.5 Distributor
5.8.6 Exporter
5.8.7 End-User
5.9 Product Pricing and Margin Analysis
5.10 Porter's Five Forces Analysis
5.11 Key Market Drivers and Success Factors
6 Performance of Key Regions
6.1 Asia Pacific
6.2 Europe
6.3 North America
6.4 Middle East and Africa
6.5 Latin America
7 Market by Application
7.1 Edible Oil Extraction
7.2 Healthcare
7.3 Industrial Solvent
7.4 Adhesive Formulation
7.5 Others
8 Competitive Landscape
8.1 Market Structure
8.2 Key Players
8.3 Key Player Profiles
8.3.1 Rompetrol
8.3.2 Royal Dutch Shell
8.3.3 ExxonMobil Corporation
8.3.4 Sinopec China
8.3.5 Junyuan Petroleum Group
9 N-Hexane Manufacturing Process
9.1 Manufacturing Process
9.2 Detailed Process Flow
9.3 Chemical Reactions Involved
9.4 Raw Material Requirements
9.5 Mass Balance and Feedstock Conversion Rates
10 N-Hexane: Feedstock Analysis
10.1 Naphtha
10.1.1 Market Performance
10.1.2 Price Trends
10.1.3 Market Breakup by Region
10.1.4 Market Breakup by Application
10.1.5 Market Forecast
10.1.6 Key Suppliers
For more information about this report visit https://www.researchandmarkets.com/r/71s33w
View source version on businesswire.com: https://www.businesswire.com/news/home/20190426005344/en/