The new report by Expert Market Research titled, ‘Global N-Hexane Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global n-hexane market, assessing the market based on its segments like applications and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.
Get a Free Sample Report with Table of Contents: https://www.expertmarketresearch.com/reports/n-hexane-market/requestsample
The key highlights of the report include:
Market Overview (2016-2026)
- Historical Market Size (2020): 75 million tons
- Forecast CAGR (2021-2026): 1%
- Forecast Market Size (2026): 18 million tons
The n-hexane market is being driven by the rising demand for n-hexane, owing to the thriving food processing industry. N-hexane is used to extract edible oils from seeds and vegetables and is also known to be a special-use solvent. Over the forecast period, the anticipated rise in the demand for the food and beverage industry, owing to the rising population and the growing inclination of people towards health and fitness is likely to be a major factor propelling the growth of the n-hexane market. The market will further be aided by the rising demand for the commercial grades of hexane for the manufacturing of glues, varnishes, and inks. Therefore, the booming construction industry in the emerging economies of the world is likely to provide impetus to the n-hexane market in the forecast period. In terms of region, the Asia Pacific occupies the largest share in the market, and is likely to maintain its dominance over the forecast period as well.
Industry Definition and Major Segments
N-hexane is a highly volatile hydrocarbon and an ozone precursor. It is an organic compound with a straight-chain alkane having six carbon atoms and has a molecular formula C6H14. It is obtained by refining the crude oil.
Explore full report with table of contents: https://www.expertmarketresearch.com/reports/n-hexane-market
The significant applications of n-hexane include:
- Edible Oil Extraction
- Healthcare
- Industrial Solvent
- Adhesive Formulation
- Others
Among these, the edible oil extraction segment accounts for the largest share in the market.
The regional markets for n-hexane include:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Among these, the Asia Pacific accounts for the largest share in the market.
Market Trends
The growing concerns and rising investments, along with the favourable policies of the government towards waste water management, are expected to aid the global n-hexane market. Furthermore, the strong growth of the food processing and food and beverage industry in countries like India and China, owing to the rising population, growing urbanisation, and the growing sales of clean-labelled food products, is expected to contribute to the industry growth. The technological advancements in the textile manufacturing are likely to be another major trend in the market over the forecast period.
Key Market Players
The major players in the market are Royal Dutch Shell plc, Exxon Mobil Corporation, GFS Chemicals, Inc., and Junyuan Petroleum Group, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Read More Reports:
Samarium Cobalt (SmCo) Magnet Market: https://www.expertmarketresearch.com/reports/samarium-cobalt-smco-magnet-market
Polyimide Films Market: https://www.expertmarketresearch.com/reports/polyimide-films-market
Metamaterial Market: https://www.expertmarketresearch.com/reports/metamaterial-market
Phosphate Ester Market: https://www.expertmarketresearch.com/reports/phosphate-ester-market
Prepreg Market: https://www.expertmarketresearch.com/reports/prepreg-market
Antifreeze Market: https://www.expertmarketresearch.com/reports/antifreeze-market
Quicklime Market: https://www.expertmarketresearch.com/reports/quicklime-market
Hydrated Lime Market: https://www.expertmarketresearch.com/reports/hydrated-lime-market
India Sodium Monochloro Acetate (SMCA) Market: https://www.expertmarketresearch.com/reports/india-sodium-monochloro-acetate-smca-market
Crude Tall Oil Derivatives Market: https://www.expertmarketresearch.com/reports/crude-tall-oil-derivatives-market
Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
About Us:
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.
Informes de Expertos (https://www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.
Media Contact
Company Name: EMR Inc.
Contact Person:-Ian Bell, Business Consultant
Email: sales@expertmarketresearch.com
Toll Free Number: US +1-415-325-516s6 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
City: Sheridan
State: Wyoming
Country: United States
Website: https://www.expertmarketresearch.com
**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.
0 Comments:
Post a Comment