헥산 시장 규모, 점유율, 성장 분석 : 등급별, 용도별, 지역별 - 산업 예측(2025-2032년)

Global Hexane Market size was valued at USD 2.3 billion in 2023 and is poised to grow from USD 2.4 billion in 2024 to USD 3.39 billion by 2032, growing at a CAGR of 4.4% during the forecast period (2025-2032).

The global pharmaceutical market has surged from USD 100 billion to USD 1.2 trillion, fueled by increasing consumer demand and industry growth. However, environmental concerns and strict regulations against n-Hexane, due to its health impacts and VOC emissions, present challenges to market expansion. Fluctuating crude oil prices and economic downturns may further hinder the profitability of n-Hexane producers. On the flip side, the food industry is driving demand for n-Hexane as a key agent for extracting edible oils, particularly from various seeds. This trend, alongside rising health consciousness among consumers regarding refined oils, is set to elevate n-Hexane's usage. With significant investments, especially in regions like India and the U.S., the edible oil sector's growth will boost n-Hexane demand in the forecasted period.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Hexane market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Hexane Market Segmental Analysis

Global Hexane Market is segmented by Grade, Application and region. Based on Grade, the market is segmented into Polymerization, Extraction and Others. Based on Application, the market is segmented into Edible Oil Treatment, Industrial Solvent, Adhesives Formulation, Leather Treatment and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global Hexane Market

The global hexane market is expected to experience significant growth, driven primarily by the rising demand from the food sector. N-hexane is widely utilized as a solvent in the extraction of edible oils due to its ability to yield high volumes from various seeds. This increasing need for oil extraction in the food industry will likely propel market demand for n-hexane. Additionally, the pharmaceutical sector's growing requirement for n-hexane, fueled by a global pharmaceuticals market that reached an impressive US$1.2 trillion in 2018, will further stimulate market expansion. Overall, these factors indicate a robust outlook for the hexane market.

Restraints in the Global Hexane Market

The global hexane market faces several constraints that could impede its growth. Increasing consumer preference for eco-friendly products, coupled with stringent regulations against n-Hexane due to its toxic effects on human health, is likely to limit market development. Additionally, rising concerns about volatile organic compounds (VOCs) associated with n-Hexane-based products are expected to lead to further restrictions, thereby stalling market expansion. Producers of n-Hexane may also encounter diminishing profitability due to fluctuating crude oil prices and a sluggish economy. Furthermore, geopolitical instability in Middle Eastern countries and unpredictable exchange rates pose additional challenges to the market's growth trajectory.

Market Trends of the Global Hexane Market

The Global Hexane market is currently experiencing significant growth driven by heightened demand for n-Hexane polymerization grade across diverse end-use sectors such as soaps and detergents, wastewater treatment chemicals, and tea leaf processing. As industries continue to innovate and expand, particularly in the chemical sector, the need for high-quality hexane in pre-metal treatment applications and other processes is also increasing. Furthermore, rising investments and research initiatives in the chemical industry are poised to bolster the market's expansion throughout the forecast period. This trend underscores hexane's essential role in various industrial applications, ensuring robust market dynamics ahead.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2024
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis

Global Hexane Market Size by Grade & CAGR (2025-2032)

• Market Overview
• Polymerization
• Extraction
• Others

Global Hexane Market Size by Application & CAGR (2025-2032)

• Market Overview
• Edible Oil Treatment
• Industrial Solvent
• Adhesives Formulation
• Leather Treatment
• Others

Global Hexane Market Size & CAGR (2025-2032)

• North America (Grade, Application)
  • US
  • Canada
• Europe (Grade, Application)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Grade, Application)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Grade, Application)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Grade, Application)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2024
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2024
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2022-2024)

Key Company Profiles

• ExxonMobil Corporation (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Shell plc (UK)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• China Petroleum & Chemical Corporation (Sinopec) (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Phillips 66 Company (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Indian Oil Corporation Ltd (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Bharat Petroleum Corporation Limited (BPCL) (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Hindustan Petroleum Corporation Limited (HPCL) (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• TotalEnergies SE (France)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Rompetrol-Rafinare (Romania) (part of KMG International)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sumitomo Chemical Co., Ltd. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Honeywell International Inc. (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• GFS Chemicals Inc. (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Junyuan Petroleum Group (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Liaoning Yufeng Chemical Co. Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Thai Oil Public Company Limited (Thailand)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Chevron Corporation (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• China National Petroleum Corporation (CNPC) (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Eni S.p.A. (Italy)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations