Business Technology World

Hexane Market Research Report 2019: By Industry Growth, Key Players are Liaoyang Yufeng Chemical Co, Ltd, China Petroleum & Chemical Corporation, Chevron Phillips Chemical Company, Rompetrol S.A, Junyuan Petroleum Group

Hexane Market
Hexane Market

Market Overview:

Hexane is an unreactive, colorless, odorless and relatively cost-effective solvent. It is insoluble in water and highly flammable, volatile, and colorless liquid. It is widely used in the manufacturing and extraction of edible oils from nut and vegetable crops, such as soybeans and peanuts. Hexane is used as a solvent for glues and varnishes. Furthermore, it is used as a cleaning agent known as a degreaser in the printing industry. However, some industrially obtained solvents contain methyl cyclopentane compound, which can alter hexane’s properties.

Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/1057

As per our analysis, some of the prominent market factors and trends identified in the global hexane market include rapidly increasing food processing industries owing to food supply to expanding the population, rising demand for leather products, and increasing expenditure on research activities. Hexane formulations play a vital role in the manufacturing leather products. Leather goods are anticipated to observe higher growth rates. Additionally, self-grooming and styling are the major trends, which are predicted to drive the hexane market. Excellent immiscibility, cleaning, and degreasing properties of hexane are anticipated to drive the market growth during the forecast period.

Intended Audience

  • Hexane manufacturers
  • Traders and Distributors of hexane
  • Production Process Industries
  • Potential Investors
  • Raw Material Suppliers
  • Nationalized Laboratory

Key Players and Competition Analysis

Some of the prominent players operating in the global hexane market are

  • Royal Dutch Shell plc (the Netherlands)
  • Phillips 66 Company (U.S.)
  • Exxon Mobil Corporation (U.S.)
  • Bharat Petroleum Corporation Limited (India)
  • Sumitomo Chemical Co., Ltd. (Japan)
  • Liaoyang Yufeng Chemical Co., Ltd. (China)
  • China Petroleum & Chemical Corporation (China)
  • Chevron Phillips Chemical Company (U.S.)
  • Rompetrol S.A. (Romania)
  • Junyuan Petroleum Group (China).

Segmentation Analysis       

The Global Hexane Market is categorized based on grade, application, and region. Based on the grade, the market is bifurcated into polymer and food. Based on the application, the hexane market is categorized into the formulation, oil extraction, cleaning agent, and others. Based on the region, the market is categorized into Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa.

Avail Discount on this report @ https://www.marketresearchfuture.com/check-discount/1057

Regional Analysis

The global hexane market consists of five regions: Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa.

Asia Pacific has emerged as the leading market for hexane followed by North America and Europe. The North American hexane market is predicted to witness a tremendous growth due to increasing consumption potential, increasing production capacities, and rising economic growth rate. Moreover, the presence of tremendous oil & gas reserves in this region is predicted to reduce the demand gap for hexane raw materials. Asia Pacific is predicted to grow at the highest CAGR during the review period on account of expanding food processing industry.

LIST OF TABLES

Table 1 World Population By Major Regions (2016 To 2030)

Table 2 Global Hexane Market: By Region, 2016-2023

Table 3 North America Hexane Market: By Country, 2016-2023

Table 4 Europe Hexane Market: By Country, 2016-2023

Table 5 Asia-Pacific Hexane Market: By Country, 2016-2023

To Be Continue……

LIST OF FIGURES

FIGURE 1 Global Hexane Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Five Forces Analysis Of Global Hexane Market

FIGURE 4 Value Chain Of Global Hexane Market

FIGURE 5 Share Of Global Hexane Market In 2016, By Country (In %)

To Be Continue……

The complete report is available @  https://www.marketresearchfuture.com/reports/hexane-market-1057

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune – 411028

Maharashtra, India

Phone: +16468459312

Email: [email protected]