n-Hexane Market: Report Description
Persistence Market Research’s newly published report conducts a deep-dive analysis and offers a forecast for the global n-hexane market for the assessment period of 2018 to 2026. The n-hexane market study considers 2017 as the base year and offers a forecast for the period between 2018 and 2026. The Compound Average Growth Rate has been represented for eight years. This Persistence Market Research study offers key insights on the n-hexane market. Additionally, the report covers qualitative insights, which include market dynamics, value chain analysis, key trends, pricing analysis, competition analysis, region and segment level growth, forecast factors, macroeconomic factors and related industry growth factors. It also covers quantitative aspects, which include global and regional market value (US$ Mn) and volume (KT). On the basis of value, the global n-hexane market is expected to expand at a CAGR of 4.5% between 2018 and 2026.
In this PMR report, the n-hexane market has been studied at a global as well as regional level with segmentation on the basis of purity, grade, application and region. The primary objective of the report is to offer key market insights, market dynamics, competition analysis, opportunity analysis, growth factors and key statistics.
n-Hexane is a volatile aliphatic hydrocarbon that is flammable in nature and has a faint odour. The chemical formula of Hexane is C6H14; thus, n-Hexane is an alkane surrounded by six carbon atoms. n-hexane, also known as Hexane, is derived from crude oil through the thermal and catalytic cracking process. Hexanes are colorless liquids at room temperature and have boiling points ranging between 50°C and 70°C. n-hexane can dissolve many organic compounds and thus, finds a wide range of industrial applications as a solvent.
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In terms of application, n-hexane is used in multiple end-use industries such as adhesives & sealants, pharmaceuticals, polymers, oil extraction and rubber processing. n-hexane plays a key role in the oil extraction process for the extraction of oil from vegetables & seeds. Another key application of n-hexane is as a solvent in the manufacturing of resins. It is also used as an additive in consumer-based products such as inks, glue and varnishes.
The n-hexane market report has been designed such that readers can develop a thorough understanding of the market. The n-hexane market report starts with an executive summary, followed by the market definitions, market taxonomy and market background, market analysis by key segments, regional analysis, and competition landscape. Each section of the report covers a qualitative and quantitative study of the n-hexane market on the basis of historical developments, key opinions of industry experts and current trends in the n-hexane market.
n-Hexane Market: Segmentation
The next section of the n-hexane market report starts with an introduction of the parent market, market taxonomy and definitions with respect to the global n-hexane market. In addition, the report covers qualitative and quantitative information, which includes macroeconomic factors, growth factors, weighed average prices analysis, value chain and other related key information.
Macroeconomic factors affecting the n-hexane market include GDP and industrial growth, global solvent market growth, pharmaceutical industry growth and global chemical sales. For the weighted average pricing analysis, pricing data has been gathered at a wholesale level and obtained from various sources, including trade websites, Exim data and retailers during primary and secondary research and benchmarked for regional level value. Average pricing data, based on grades, has been taken into consideration to arrive at the market values. The anticipated decline or increase in prices during the forecast period has been based on historic market trends and kept linear across regions.
The next section of the report offers key insights on value chain analysis and market dynamics (both from supply and demand side) such as market drivers, challenges, trends and opportunities at a global level. Additionally, key opportunities for manufacturers have also been included in the subsequent sections of each section.
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The forecast on the n-hexane market has been derived on the basis of a triangular research methodology, which comprises primary research interviews with industry experts, secondary research based on public domains, industrial association reports, financial data, etc. and our own analysis.
The subsequent sections of the n-hexane market report provide volume (KT) and value (US$ Mn) projections for the above mentioned segments at a regional and global level. In addition, the market report covers unique analysis frameworks, which include incremental $ opportunity, year-on-year (Y-o-Y) growth, absolute $ opportunity, market attractiveness analysis and basis point share (BPS) analysis for the each of the segments at a regional as well as global level. The global n-hexane market values signified in these sections have been agglomerated by gathering data and key statistics at a regional and global level.