Europe Hexane Market Size, Share & Industry Trends Analysis Report By Grade, By Application (Industrial Solvent, Edible Oil Treatment, Adhesives Formulation, Leather Treatment, and Others), By Country and Growth Forecast, 2023

Description

List of Tables

The Europe Hexane Market would witness market growth of 3.1% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 157.85 Kilo Tonnes, showcasing a growth of 2.0% (2019-2022).

Hexane is used as a solvent in the pharmaceutical industry to produce drugs and pharmaceutical products. The pharmaceutical sector's continuous growth contributes to the demand for hexane in drug manufacturing processes. It often extracts active ingredients from medicinal plants, herbs, and botanicals. This is particularly relevant in producing herbal medicines and pharmaceutical products derived from natural sources. It is employed in purification processes to remove impurities and unwanted components from extracted substances. Purification is critical to ensure the safety and efficacy of pharmaceutical products. It is used as a solvent in the formulation of pharmaceutical drugs. It aids in dissolving and homogenizing various components to create drug formulations with specific characteristics.

It is particularly effective in extracting lipids and oils, which are essential in formulating certain drugs. This is relevant in the production of lipid-based drug delivery systems. The growing interest in biopharmaceuticals and lipid-based drug delivery systems increases the demand for hexane in the extraction and formulation processes. It is known for its low residue levels, making it suitable for use in pharmaceutical processes where residual solvents must be minimized. This aligns with the pharmaceutical industry's focus on product safety. Consumers increasingly seek products that are produced using sustainable and environmentally friendly practices. Green extraction methods, which reduce the reliance on traditional solvents like hexane, meet consumer preferences.

According to the UK Government, with its highly linked supply chains and substantial demand for UK-built cars throughout the region, the European region has benefited the U.K. automotive sector with its varied products, encompassing volume, premium, and niche vehicles. It is utilized in spray coating applications in the UK, ensuring even distribution and adhesion of coatings on surfaces. The demand for high-quality spray coatings in various industries contributes to using hexane in the UK. Its solvency power makes it effective for cleaning surfaces and removing contaminants, contributing to its use in various industrial cleaning processes in the UK. It is used in the UK's flexographic and gravure printing processes, ensuring the flow and adhesion of inks onto different substrates. It is often used in the formulation of adhesives for bonding and sealing rubber components in tire manufacturing in the UK. This contributes to the structural integrity and performance of tires.

The Germany market dominated the Europe Hexane Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $140.7 million by 2030. The UK market is exhibiting a CAGR of 2.7% during (2023 - 2030). Additionally, The France market would experience a CAGR of 3.6% during (2023 - 2030).

Based on Grade, the market is segmented into Extraction, Polymerization, and Others. Based on Application, the market is segmented into Industrial Solvent, Edible Oil Treatment, Adhesives Formulation, Leather Treatment, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Exxon Mobil Corporation, Shell plc, Chevron Phillips Chemical Company LLC, Sumitomo Electric Industries, Ltd., China Petrochemical Corporation (Sinopec Group), TotalEnergies SE, Indian Oil Corporation Ltd., Honeywell International, Inc., Arham Petrochem Private Limited, and Spectrum Chemical Mfg. Corp (Spectrum Laboratory Products, Inc.)

Scope of the Study

Market Segments covered in the Report:

By Grade (Volume, Kilo Tonnes, USD Billion, 2019-2030)

Extraction
Polymerization
Others

By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)

Industrial Solvent
Edible Oil Treatment
Adhesives Formulation
Leather Treatment
Others

By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)

Germany
UK
France
Russia
Spain
Italy
Rest of Europe

Companies Profiled

Exxon Mobil Corporation
Shell plc
Chevron Phillips Chemical Company LLC
Sumitomo Electric Industries, Ltd.
China Petrochemical Corporation (Sinopec Group)
TotalEnergies SE
Indian Oil Corporation Ltd.
Honeywell International, Inc.
Arham Petrochem Private Limited
Spectrum Chemical Mfg. Corp (Spectrum Laboratory Products, Inc.)

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Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 Europe Hexane Market, by Grade
- 1.4.2 Europe Hexane Market, by Application
- 1.4.3 Europe Hexane Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance

2.1 Key Highlights

Chapter 3. Market Overview

3.1 Introduction
- 3.1.1 Overview
  - 3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
3.3 Porter Five Forces Analysis

Chapter 4. Europe Hexane Market by Grade

4.1 Europe Extraction Market by Country
4.2 Europe Polymerization Market by Country
4.3 Europe Others Market by Country

Chapter 5. Europe Hexane Market by Application

5.1 Europe Industrial Solvent Market by Country
5.2 Europe Edible Oil Treatment Market by Country
5.3 Europe Adhesives Formulation Market by Country
5.4 Europe Leather Treatment Market by Country
5.5 Europe Others Market by Country

Chapter 6. Europe Hexane Market by Country

6.1 Germany Hexane Market
- 6.1.1 Germany Hexane Market by Grade
- 6.1.2 Germany Hexane Market by Application
6.2 UK Hexane Market
- 6.2.1 UK Hexane Market by Grade
- 6.2.2 UK Hexane Market by Application
6.3 France Hexane Market
- 6.3.1 France Hexane Market by Grade
- 6.3.2 France Hexane Market by Application
6.4 Russia Hexane Market
- 6.4.1 Russia Hexane Market by Grade
- 6.4.2 Russia Hexane Market by Application
6.5 Spain Hexane Market
- 6.5.1 Spain Hexane Market by Grade
- 6.5.2 Spain Hexane Market by Application
6.6 Italy Hexane Market
- 6.6.1 Italy Hexane Market by Grade
- 6.6.2 Italy Hexane Market by Application
6.7 Rest of Europe Hexane Market
- 6.7.1 Rest of Europe Hexane Market by Grade
- 6.7.2 Rest of Europe Hexane Market by Application

Chapter 7. Company Profiles

7.1 Exxon Mobil Corporation
- 7.1.1 Company Overview
- 7.1.2 Financial Analysis
- 7.1.3 Segmental and Regional Analysis
- 7.1.4 Research & Development Expenses
- 7.1.5 Recent strategies and developments:
  - 7.1.5.1 Partnerships, Collaborations, and Agreements:
- 7.1.6 SWOT Analysis
7.2 Shell plc
- 7.2.1 Company Overview
- 7.2.2 Financial Analysis
- 7.2.3 Segmental and Regional Analysis
- 7.2.4 Research & Development Expenses
- 7.2.5 SWOT Analysis
7.3 Chevron Phillips Chemical Company LLC
- 7.3.1 Company Overview
- 7.3.2 Financial Analysis
- 7.3.3 Recent strategies and developments:
  - 7.3.3.1 Partnerships, Collaborations, and Agreements:
  - 7.3.3.2 Geographical Expansions:
- 7.3.4 SWOT Analysis
7.4 Sumitomo Electric Industries, Ltd.
- 7.4.1 Company Overview
- 7.4.2 Financial Analysis
- 7.4.3 Segmental and Regional Analysis
- 7.4.4 Research & Development Expenses
- 7.4.5 SWOT Analysis
7.5 China Petrochemical Corporation (Sinopec Group)
- 7.5.1 Company Overview
- 7.5.2 Financial Analysis
- 7.5.3 Research & Development Expenses
- 7.5.4 SWOT Analysis
7.6 TotalEnergies SE
- 7.6.1 Company Overview
- 7.6.2 Financial Analysis
- 7.6.3 Segmental and Regional Analysis
- 7.6.4 Research & Development Expenses
- 7.6.5 Recent strategies and developments:
  - 7.6.5.1 Partnerships, Collaborations, and Agreements:
- 7.6.6 SWOT Analysis
7.7 Indian Oil Corporation Ltd.
- 7.7.1 Company Overview
- 7.7.2 Financial Analysis
- 7.7.3 Segmental and Regional Analysis
- 7.7.4 Research & Development Expenses
- 7.7.5 SWOT Analysis
7.8 Honeywell International, Inc.
- 7.8.1 Company Overview
- 7.8.2 Financial Analysis
- 7.8.3 Segmental and Regional Analysis
- 7.8.4 Research & Development Expenses
- 7.8.5 SWOT Analysis
7.9 Arham Petrochem Private Limited
- 7.9.1 Company Overview
- 7.9.2 SWOT Analysis
7.10. Spectrum Chemical Mfg. Corp (Spectrum Laboratory Products, Inc.)
- 7.10.1 Company Overview
- 7.10.2 SWOT Analysis

LIST OF TABLES

TABLE 1 Europe Hexane Market, 2019 - 2022, USD Million
TABLE 2 Europe Hexane Market, 2023 - 2030, USD Million
TABLE 3 Europe Hexane Market, 2019 - 2022, Kilo Tonnes
TABLE 4 Europe Hexane Market, 2023 - 2030, Kilo Tonnes
TABLE 5 Europe Hexane Market by Grade, 2019 - 2022, USD Million
TABLE 6 Europe Hexane Market by Grade, 2023 - 2030, USD Million
TABLE 7 Europe Hexane Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 8 Europe Hexane Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 9 Europe Extraction Market by Country, 2019 - 2022, USD Million
TABLE 10 Europe Extraction Market by Country, 2023 - 2030, USD Million
TABLE 11 Europe Extraction Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 12 Europe Extraction Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 13 Europe Polymerization Market by Country, 2019 - 2022, USD Million
TABLE 14 Europe Polymerization Market by Country, 2023 - 2030, USD Million
TABLE 15 Europe Polymerization Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16 Europe Polymerization Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 18 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 19 Europe Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 20 Europe Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 21 Europe Hexane Market by Application, 2019 - 2022, USD Million
TABLE 22 Europe Hexane Market by Application, 2023 - 2030, USD Million
TABLE 23 Europe Hexane Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 24 Europe Hexane Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 25 Europe Industrial Solvent Market by Country, 2019 - 2022, USD Million
TABLE 26 Europe Industrial Solvent Market by Country, 2023 - 2030, USD Million
TABLE 27 Europe Industrial Solvent Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 28 Europe Industrial Solvent Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 29 Europe Edible Oil Treatment Market by Country, 2019 - 2022, USD Million
TABLE 30 Europe Edible Oil Treatment Market by Country, 2023 - 2030, USD Million
TABLE 31 Europe Edible Oil Treatment Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 32 Europe Edible Oil Treatment Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 33 Europe Adhesives Formulation Market by Country, 2019 - 2022, USD Million
TABLE 34 Europe Adhesives Formulation Market by Country, 2023 - 2030, USD Million
TABLE 35 Europe Adhesives Formulation Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 36 Europe Adhesives Formulation Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 37 Europe Leather Treatment Market by Country, 2019 - 2022, USD Million
TABLE 38 Europe Leather Treatment Market by Country, 2023 - 2030, USD Million
TABLE 39 Europe Leather Treatment Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 40 Europe Leather Treatment Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 41 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 42 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 43 Europe Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 44 Europe Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 45 Europe Hexane Market by Country, 2019 - 2022, USD Million
TABLE 46 Europe Hexane Market by Country, 2023 - 2030, USD Million
TABLE 47 Europe Hexane Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 48 Europe Hexane Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 49 Germany Hexane Market, 2019 - 2022, USD Million
TABLE 50 Germany Hexane Market, 2023 - 2030, USD Million
TABLE 51 Germany Hexane Market, 2019 - 2022, Kilo Tonnes
TABLE 52 Germany Hexane Market, 2023 - 2030, Kilo Tonnes
TABLE 53 Germany Hexane Market by Grade, 2019 - 2022, USD Million
TABLE 54 Germany Hexane Market by Grade, 2023 - 2030, USD Million
TABLE 55 Germany Hexane Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 56 Germany Hexane Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 57 Germany Hexane Market by Application, 2019 - 2022, USD Million
TABLE 58 Germany Hexane Market by Application, 2023 - 2030, USD Million
TABLE 59 Germany Hexane Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 60 Germany Hexane Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 61 UK Hexane Market, 2019 - 2022, USD Million
TABLE 62 UK Hexane Market, 2023 - 2030, USD Million
TABLE 63 UK Hexane Market, 2019 - 2022, Kilo Tonnes
TABLE 64 UK Hexane Market, 2023 - 2030, Kilo Tonnes
TABLE 65 UK Hexane Market by Grade, 2019 - 2022, USD Million
TABLE 66 UK Hexane Market by Grade, 2023 - 2030, USD Million
TABLE 67 UK Hexane Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 68 UK Hexane Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 69 UK Hexane Market by Application, 2019 - 2022, USD Million
TABLE 70 UK Hexane Market by Application, 2023 - 2030, USD Million
TABLE 71 UK Hexane Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 72 UK Hexane Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 73 France Hexane Market, 2019 - 2022, USD Million
TABLE 74 France Hexane Market, 2023 - 2030, USD Million
TABLE 75 France Hexane Market, 2019 - 2022, Kilo Tonnes
TABLE 76 France Hexane Market, 2023 - 2030, Kilo Tonnes
TABLE 77 France Hexane Market by Grade, 2019 - 2022, USD Million
TABLE 78 France Hexane Market by Grade, 2023 - 2030, USD Million
TABLE 79 France Hexane Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 80 France Hexane Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 81 France Hexane Market by Application, 2019 - 2022, USD Million
TABLE 82 France Hexane Market by Application, 2023 - 2030, USD Million
TABLE 83 France Hexane Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 84 France Hexane Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 85 Russia Hexane Market, 2019 - 2022, USD Million
TABLE 86 Russia Hexane Market, 2023 - 2030, USD Million
TABLE 87 Russia Hexane Market, 2019 - 2022, Kilo Tonnes
TABLE 88 Russia Hexane Market, 2023 - 2030, Kilo Tonnes
TABLE 89 Russia Hexane Market by Grade, 2019 - 2022, USD Million
TABLE 90 Russia Hexane Market by Grade, 2023 - 2030, USD Million
TABLE 91 Russia Hexane Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 92 Russia Hexane Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 93 Russia Hexane Market by Application, 2019 - 2022, USD Million
TABLE 94 Russia Hexane Market by Application, 2023 - 2030, USD Million
TABLE 95 Russia Hexane Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 96 Russia Hexane Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 97 Spain Hexane Market, 2019 - 2022, USD Million
TABLE 98 Spain Hexane Market, 2023 - 2030, USD Million
TABLE 99 Spain Hexane Market, 2019 - 2022, Kilo Tonnes
TABLE 100 Spain Hexane Market, 2023 - 2030, Kilo Tonnes
TABLE 101 Spain Hexane Market by Grade, 2019 - 2022, USD Million
TABLE 102 Spain Hexane Market by Grade, 2023 - 2030, USD Million
TABLE 103 Spain Hexane Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 104 Spain Hexane Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 105 Spain Hexane Market by Application, 2019 - 2022, USD Million
TABLE 106 Spain Hexane Market by Application, 2023 - 2030, USD Million
TABLE 107 Spain Hexane Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 108 Spain Hexane Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 109 Italy Hexane Market, 2019 - 2022, USD Million
TABLE 110 Italy Hexane Market, 2023 - 2030, USD Million
TABLE 111 Italy Hexane Market, 2019 - 2022, Kilo Tonnes
TABLE 112 Italy Hexane Market, 2023 - 2030, Kilo Tonnes
TABLE 113 Italy Hexane Market by Grade, 2019 - 2022, USD Million
TABLE 114 Italy Hexane Market by Grade, 2023 - 2030, USD Million
TABLE 115 Italy Hexane Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 116 Italy Hexane Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 117 Italy Hexane Market by Application, 2019 - 2022, USD Million
TABLE 118 Italy Hexane Market by Application, 2023 - 2030, USD Million
TABLE 119 Italy Hexane Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 120 Italy Hexane Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 121 Rest of Europe Hexane Market, 2019 - 2022, USD Million
TABLE 122 Rest of Europe Hexane Market, 2023 - 2030, USD Million
TABLE 123 Rest of Europe Hexane Market, 2019 - 2022, Kilo Tonnes
TABLE 124 Rest of Europe Hexane Market, 2023 - 2030, Kilo Tonnes
TABLE 125 Rest of Europe Hexane Market by Grade, 2019 - 2022, USD Million
TABLE 126 Rest of Europe Hexane Market by Grade, 2023 - 2030, USD Million
TABLE 127 Rest of Europe Hexane Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 128 Rest of Europe Hexane Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 129 Rest of Europe Hexane Market by Application, 2019 - 2022, USD Million
TABLE 130 Rest of Europe Hexane Market by Application, 2023 - 2030, USD Million
TABLE 131 Rest of Europe Hexane Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 132 Rest of Europe Hexane Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 133 Key Information - Exxon Mobil Corporation
TABLE 134 Key Information - Shell plc
TABLE 135 Key Information - Chevron Phillips Chemical Company LLC
TABLE 136 Key Information - Sumitomo Electric Industries, Ltd.
TABLE 137 Key Information - China Petrochemical Corporation
TABLE 138 Key Information - TotalEnergies SE
TABLE 139 Key Information - Indian Oil Corporation Ltd.
TABLE 140 Key Information - Honeywell International, Inc.
TABLE 141 Key Information - Arham Petrochem private limited
TABLE 142 Key Information - spectrum chemical mfg.corp

Europe Hexane Market Size, Share & Industry Trends Analysis Report By Grade, By Application (Industrial Solvent, Edible Oil Treatment, Adhesives Formulation, Leather Treatment, and Others), By Country and Growth Forecast, 2023 - 2030