Global N-Hexane Market Report and Forecast 2021-2026

Abstract
Global n-Hexane Market Report and Forecast 2021-2026

Market Outlook
According to Expert Market Report’s latest report, ‘Global n-Hexane Market Report and Forecast 2021-2026’, the global n-hexane market attained a volume of 1.75 million tons in 2020. Aided by various end-uses of n-hexane, the market is projected to further grow at a CAGR of 3.1% between 2021 and 2026 to reach a volume of 2.18 million tons by 2026.

n-Hexane is an organic compound that is a colourless liquid. It is extracted from crude oils and is highly flammable in nature. This is why it is mixed with solvents to be used for industrial and commercial purposes. n-Hexanes have a low boiling point, low solubility, and low surface tension due to which they can be used for various versatile purposes. Moreover, n-hexane is cost-effective and recyclable, due to which it is preferred in several end-uses in major industries. It is widely used as a cleaning agent in the textile and pharmaceutical industry. In addition, it is used in various cleansers for domestic purposes, the demand for which rocketed due to the COVID-19 pandemic. This is expected to aid the market growth in the forecast period.

The rising demand for edible oils is aiding the market growth. As the production of oilseeds is increasing significantly to meet the edible oil demand of the surging global population, n-hexane is being used as a solvent to extract edible oils. This is aiding the market growth. Moreover, favourable properties of n-hexane, such as low latent heat of vapourisation, make it an ideal solvent for extraction of oil from oilseeds, hence augmenting the industry growth. The increasing use of commercial hexane that contains 20%-80% of n-hexane is propelling the industry growth. Hexanes are extensively used in the commercial sector in the formulation of leather products, glues for footwear, and roofing. In addition, the wide of n-hexane in the pharmaceuticals industry in various end-uses ranging from production to cleaning owing to its minimal odour, low boiling point, and versatility is further invigorating the growth of the n-hexane industry. The use of n-hexane in industrial cleaning agents is providing further impetus to the industry growth.

Market Segmentation
The market report by Expert Market Research analyses the market based on segmentations such as application and major region.

Market Breakup by Application
•Edible Oil Extraction
•Healthcare
•Industrial Solvent
•Adhesive Formulation
•Others

Market Breakup by Region
•North America
•Europe
•Asia Pacific
•Latin America
•Middle East and Africa

Competitive Landscape
The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the key players in the industry. Some of the major players in the market explored in the Expert Market Research report are:
•Royal Dutch Shell plc
•Exxon Mobil Corporation
•GFS Chemicals, Inc.
•Junyuan Petroleum Group
•Others

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

Content
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Market Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global N-Hexane Market Analysis
8.1 Key Industry Highlights
8.2 Global N-Hexane Historical Market (2016-2020)
8.3 Global N-Hexane Market Forecast (2021-2026)
8.4 Global N-Hexane Market by Application
8.4.1 Edible Oil Extraction
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2016-2020)
8.4.1.3 Forecast Trend (2021-2026)
8.4.2 Healthcare
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2016-2020)
8.4.2.3 Forecast Trend (2021-2026)
8.4.3 Industrial Solvent
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2016-2020)
8.4.3.3 Forecast Trend (2021-2026)
8.4.4 Adhesive Formulation
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2016-2020)
8.4.4.3 Forecast Trend (2021-2026)
8.4.5 Others
8.5 Global N-Hexane Market by Region
8.5.1 Market Share
8.5.1.1 North America
8.5.1.2 Europe
8.5.1.3 Asia Pacific
8.5.1.4 Latin America
8.5.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2016-2020)
9.1.2 Forecast Trend (2021-2026)
9.1.3 Market by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2016-2020)
9.2.2 Forecast Trend (2021-2026)
9.2.3 Market by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2016-2020)
9.3.2 Forecast Trend (2021-2026)
9.3.3 Market by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2016-2020)
9.4.2 Forecast Trend (2021-2026)
9.4.3 Market by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2016-2020)
9.5.2 Forecast Trend (2021-2026)
9.5.3 Market by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyers Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
12.1 North America Historical Price Trends (2016-2020) & Forecast (2021-2026)
12.2 Europe Historical Price Trends (2016-2020) & Forecast (2021-2026)
12.3 Asia Pacific Historical Price Trends (2016-2020) & Forecast (2021-2026)
12.4 Latin America Historical Price Trends (2016-2020) & Forecast (2021-2026)
12.5 Middle East & Africa Historical Price Trends (2016-2020) & Forecast (2021-2026)
13 Manufacturing Process
13.1 Detailed Process Flow
13.2 Operations Involved
13.3 Mass Balance
14 Feedstock Market Analysis
14.1 Global Crude Oil Market Analysis
14.1.1 Key Industry Highlights
14.1.2 Global Crude Oil Historical Market (2016-2020)
14.1.3 Global Crude Oil Market Forecast (2021-2026)
14.1.4 Global Crude Oil Market by Application
14.1.5 Global Crude Oil Market by Region
14.1.6 Crude Oil Historical Price Trends (2016-2020) and Forecast (2021-2026)
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players’ Market Share
15.3 Company Profiles (*This list is only indicative. The report contains a more comprehensive list of players.)
15.3.1 Royal Dutch Shell plc
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Demographic Reach and Achievements
15.3.1.4 Certifications
15.3.2 Exxon Mobil Corporation
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Demographic Reach and Achievements
15.3.2.4 Certifications
15.3.3 GFS Chemicals, Inc.
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Demographic Reach and Achievements
15.3.3.4 Certifications
15.3.4 Junyuan Petroleum Group
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Demographic Reach and Achievements
15.3.4.4 Certifications
15.3.5 Others
16 Industry Events and Developments