High demand for n-Hexane from the food industry is expected to foster market growth.

n-HEXANE MARKET Market Size (2019)

US$ 1401.31 MN

CAGR (2019 2027)

Segmentation (Scope) By Grade

By Application

Oil Extraction

Pharmaceutical

Polymerization

Industrial

Pharmaceutical Adhesives & Sealants Industrial Cleaning & Degreasing Rubber Processing Others (Inks, Glues, Leather Dressings, etc.) © Coherent Market Insights. AllAll Rights Reserved © Coherent Market Insights. Rights Reserved

Major Drivers Rising demand from various end-user industries such as pharmaceutical, oil & gas and textile

Growing applications of nhexane in adhesives and solvents, edible oil extraction, cosmetics, rubber © Coherent Market Insights. AllAll Rights Reserved © Coherent Market Insights. Rights Reserved

EUROPE

ASIA PACIFIC

Market Size

US$ 301.9 MN

US$ 621.6 MN

CAGR

4.9%

6.5%

Major Drivers

Major Driver

 Growing industries such as rubber and adhesives

 Growing pharmaceutical industry in this region

 Rising demand for footwear and leather © Coherent Market Insights. AllAll Rights Reserved © Coherent Market Insights. Rights Reserved

ExxonMobil Corporation

1 2

Royal Dutch Shell PLC 3

Indian Oil Corp. Ltd. 4

Major Players

5

Phillips Chemical Company LLC

6

Bharat Petroleum Corp. Ltd.

7

Rompetrol Rafinare S.A.

8

Hindustan Petroleum Corporation Limited

9 10 11 12

Chevron

Dongying Liangxin Petrochemical Company Liaoning Yufeng Chemical Co., Ltd. DHC Solvent Chemie GmbH

Global n-Hexane Market, Revenue Share (%), By Grade, in 2018 57.2% XX%

XX%

Oil Extraction

Pharmaceutical

Global n-Hexane Market – Opportunity Analysis

The growing usage of nHexane across the pharmaceutical industry

Opportunity Analysis

The growing end-use industries such as oil & gas, and pharmaceutical industry across the world

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