N-Hexane Market Size, Share, Growth, Trends, End Use and Regional Forecast Till 2023

1. GlobalN-Hexane Market Research Report, Trends, Growth Analysis and Forecast Till 2023 Copyright © IMARC Service Pvt Ltd. All Rights Reserved

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3. Report Description and Highlights Report Description N-Hexane Market Report By End Use (Edible Oil Extraction, Healthcare, Industrial Solvent Adhesive Formulation and Others), Region The global n-hexane market has witnessed a steady growth over the past several years. This can be attributed to its diverse applications, growing population, rapid industrialization and growth in the end-use industries. Market Overview: The latest report by IMARC Group, titled “N-Hexane Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, finds that the global n-hexane market reached a volume of 2.64 Million Tons in 2017, exhibiting a CAGR of around 3% during 2010-2017. N-hexane is an aliphatic hydrocarbon which is present in petroleum, forming one of the main constituents of petroleum ether and naphtha. Also known as hexane and hexyl hydride, it is a clear colourless liquid with an odour similar to that of petroleum. Majority of n-hexane is obtained from petroleum mixtures through controlled fractional distillation and other refinery-based processes. Owing to its distinct properties, it is used as an organic solvent in the extraction of cooking oils, such as soybean, cottonseed, rapeseed, etc., and other applications such as in the production of rubber, pharmaceutical, perfume, footwear, leather, textiles, furniture and painting.

4. Report Description and Highlights Report Description • Highlights of the global n-hexane market: • Growing demand for refined oils remains the key growth-inducing factor. • Edible oil extraction is the largest end-use segment. • Asia-Pacific represents the largest region. • N-hexane is one of the primary solvents used in vegetable oil extraction. The market is largely driven by the rapidly growing demand for refined oils on account of population growth, increasing disposable income and health consciousness, particularly in the developing regions. Additionally, growing population has also resulted in a huge demand for industrial and chemical products made using n-hexane such as leather, paint, polypropylene, rubber, etc. Moreover, aging population, changing lifestyle and rising number of chronic diseases has boosted the pharmaceutical industry, which has further augmented the demand for n-hexane globally. Despite these factors, the market is restrained by the volatile nature of n-hexane which can lead to several problems; fluctuations in the prices of raw materials; and rising environmental concerns. According to the report, the market is expected to reach a volume of 3 Million Tons by 2023. • Request for a sample report: https://www.imarcgroup.com/n-hexane-technical-material-market-report/requestsample

5. Market Forecast Sample Figure: Global: N-Hexane Market Forecast: Volume Trends (in Million Tons), 2018-2023

6. Market Segmentation Report Description N-hexane is one of the primary solvents used in vegetable oil extraction. The market is largely driven by the rapidly growing demand for refined oils on account of population growth, increasing disposable income and health consciousness, particularly in the developing regions. Additionally, growing population has also resulted in a huge demand for industrial and chemical products made using n-hexane such as leather, paint, polypropylene, rubber, etc. Moreover, aging population, changing lifestyle and rising number of chronic diseases has boosted the pharmaceutical industry, which has further augmented the demand for n-hexane globally. Despite these factors, the market is restrained by the volatile nature of n-hexane which can lead to several problems; fluctuations in the prices of raw materials; and rising environmental concerns. According to the report, the market is expected to reach a volume of 3 Million Tons by 2023. The global n-hexane market is segmented on the basis on end-use, covering, edible oil extraction, healthcare, industrial solvents, adhesive formulation, etc. Amongst these, edible oil extraction represents the largest segment, as n-hexane offers high yield from oilseeds such as soybean, rapeseed, cotton seed, etc. Region-wise, Asia Pacific is the leading market, holding more than two-fifths of the total share. This can be attributed to growing population and rapid industrialization, which has resulted in amplified demand for edible oil in the region. Other major regions include Europe, North America, Middle East and Africa, and Latin America. For more information, click here: https://www.imarcgroup.com/n-hexane-technical-material-market-report

7. Market Segmentation Report Description • N-Hexane Market Segmentation: • Market Segmentation by End-use • Edible oil extraction • Healthcare • Industrial solvents • 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. • Market Segmentation by Region • North America • Europe • Asia Pacific • Latin America • Middle East and Africa

8. Regional Segmentation North America Europe Asia- Pacific Middle East and Africa Latin America

9. Market Segmentation Report Description • 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 • In case you have a very specific customized or specific niche needs, we can work around the scope of work and assist you with the tailor made solution. The topics covered could be technology, markets, competition, pricing trends, P&L analysis, cost analysis, price bench marking or it could also be supplementing you with the weekly or fortnight reports.

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13. Report Description and Highlights Report Description © 2018 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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