N-HEXANE MARKET ANALYSIS

Regional Analysis

N-Hexane Market Regional Insights:

• Asia Pacific dominated the market and accounted for the largest revenue share of 40.8% in 2023. Increasing demand from the extraction application is expected to foster the market growth over the forecast period. Rapid industrialization coupled with expanding healthcare facilities is expected to fuel the regional market . The Asia Pacific dominated the global N-Hexane Market owing to the rising economies in countries such as India, China, and South Korea. In addition, various industry players are venturing into the region on account of factors such as political support and low labor cost.
• North America market is expected to grow at a CAGR of 3.5% over the forecast period on account of dwindling industrial production and high penetration of hexane applications in various industries such as food industry, pharmaceuticals, chemical industry, and rubber processing. The North American N-Hexane Market is perceiving restrained progress on expenses of deteriorating industrial production and high penetration consequently leading to a comparatively established economy.

Geographies covered:

• North America: U.S. and Canada
• Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
• Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
• Middle East & Africa: GCC Countries, Israel, and Rest of Middle East South Africa, North Africa, and Central Africa