N-hexane is a saturated aliphatic hydrocarbon that is obtained as a byproduct during petroleum refining and crude oil fractionation processes. It finds numerous applications due to its non-polar and non-reactive nature. N-hexane is used as an industrial solvent for extraction and cleaning purposes in many industries such as pharmaceuticals, food processing, furniture making, etc. It acts as an excellent solvent for fats, oils, waxes, and cleaning applications owing to its non-polarity. Growing end-use industries such as food industry, pharmaceuticals, chemical industry, rubber processing, and others have been driving the demand for n-hexane. However, strict regulations over its usage due to toxicity issues also affect the market growth. Hexane is an unreactive, odorless, colorless, and relatively cost-effective solvent. It is known to be insoluble in water and also highly flammable. Hexane production is quite dependent on crude oil availability.
Market Dynamics:
The global n-hexane market has been witnessing steady growth owing to factors such as the increasing demand from end-use industries like pharmaceuticals, chemicals, and food processing. N-hexane solvents find widespread application in industrial processes involving extraction, filtration, cleaning, and degreasing. Growth in these industries positively influences the consumption of n-hexane. Moreover, rising industrialization in developing regions has augmented the demand of N-hexane . However, tightening regulations imposed by environmental agencies regarding volatile organic compound (VOC) emissions from n-hexane usage restrain the growth of the market. The growing preference for bio-based and green solvents also hinders the demand for n-hexane. Nevertheless, technological advancements in n-hexane production processes to comply with regulations and research on developing safer substitutes present major opportunities for market expansion.
Key Features of the Study:
Detailed Segmentation:
Table of Contents
*Browse 24 market data tables and 28 figures on “N-Hexane Market” - Global forecast to 2031
Joining thousands of companies around the world committed to making the Excellent Business Solutions.
View All Our Clients