Global N-Hexane Market (2021 to 2026) - Featuring Royal Dutch Shell, Exxon Mobil, GFS Chemicals and Junyuan Petroleum Among Others - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Global N-Hexane Market Report and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.

According to this latest report 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.

Companies Mentioned

• Royal Dutch Shell plc
• Exxon Mobil Corporation
• GFS Chemicals, Inc.
• Junyuan Petroleum Group

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.

Key Topics Covered:

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

8.5 Global N-Hexane Market by Region

9 Regional Analysis

10 Market Dynamics

10.1 SWOT Analysis

10.2 Porter's Five Forces Analysis

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

16 Industry Events and Developments

For more information about this report visit https://www.researchandmarkets.com/r/9dh05g