The report offers detailed coverage of Hexane industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Hexane by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
Hexane is an alkane of six carbon atoms, with the chemical formula C6H14. The term may refer to any of the five structural isomers with that formula, or to a mixture of them. Hexane is an organic compound made of carbon and hydrogen that is most commonly isolated as a byproduct of petroleum and crude oil refinement. At room temperature it is an odorless, colorless liquid.
The major use for solvents containing hexane is to extract vegetable oils from crops such as soybeans, flax, peanuts, and safflower seed. They are also used as cleaning agents in the textile, furniture, shoemaking, and printing industries, particularly rotogravure printing. Hexane is also an ingredient of special glues that are used in the roofing, shoe, and leather industries. Hexane is used in binding books, working leather, shaping pills and tablets, canning, manufacturing tires, and making baseballs.
The global production of hexane increases from 556.1 K MT in 2010 to 782.6 K MT in 2014, with an average growth rate of more than 8.21%. Asia is the major manufacturing market in the world with more than half of the global total production volume, especially China, which holds 32.24% in 2014. Shell is the world leader, which holds the 14.02% production market share in 2014. Phillipes 66 is the second biggest manufacturer with production of 47.6 K MT in 2014 and SINOPEC is the China leader with production share of 5.20% in 2014.
Hexane downstream is main edible-oil extractant and industrial solvents. China is the major consumption market in the world. America costs 17.06% of global hexane, while Asia (except China) holds 19.40% of the global consumption market share in 2014. Due to the pollution during the process and the toxicity of hexane, the import and export is not too much.
This industry is affected by the economy and policy, so it\'s important to put an eye to economic indexes and leaders\' prefer.
The report forecast global Hexane market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Hexane market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Shell
Phillipes 66
Exxon Mobil
Chevron Phillips Chemical
Bharat Petroleum
SK Chem
Sumitomo
Fuji Heavy Industries
SINOPEC
Yangzi Chemical
Yufeng Chemical
Liangxin Petrochemical
CNPC
Junyuan Petroleum
HeLiShi Petroleum
Jihua Group
Yanshan Petrochemical
ZT League Chemical
At the same time, we classify Hexane according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
N-hexane
Isohexane
Neohexane
Market by Application
Industrial Solvents
Edible-oil Extractant
Adhesives & Sealants
Others
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Hexane market for the forecast period 2021 - 2025?
• What are the driving forces in the Hexane market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Hexane industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?