Asia Pacific 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 Asia Pacific Hexane Market would witness market growth of 3.5% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 429.54 Kilo Tonnes, showcasing a growth of 2.3% (2019-2022).

Hexane uses are as diverse as the industries it serves. In the realm of agriculture, it plays a pivotal role in the extraction of vegetable oils, ensuring a cost-effective and efficient process. The ability of hexane to dissolve non-polar compounds makes it an invaluable tool in producing high-quality oils, meeting the demands of a growing population for nutritious and sustainable food sources. In industrial applications, it is used in the formulation of adhesives, sealants, and coatings. Its rapid evaporation rate makes it an ideal solvent for processes requiring quick drying, enhancing overall efficiency in manufacturing operations. The electronics industry leverages it for cleaning and decreasing electronic components, ensuring the reliability and performance of electronic devices.

Its broad spectrum of applications underscores its significance in modern industrial processes. Primarily used as a solvent, it is vital in extracting vegetable oils, such as soybean and canola oil. Its low boiling point and excellent solvent properties make it an ideal candidate for the de-waxing and de-greasing of various products, ranging from textiles to electronic components. The petrochemical industry relies heavily on it to extract aromatics from refinery streams, producing essential chemicals like benzene and toluene. Its role extends to manufacturing adhesives, rubber cement, and various glues, where its rapid evaporation and strong solvency make it a preferred choice.

The growth of the automotive industry in China, driven by urbanization and increased transportation needs, contributes to higher demand for it in the production of rubber-based products. The growth of urban fashion and textile demands in China leads to increase its usage in textile processing. As per the State Council of China, urbanization has accelerated rapidly throughout China in recent years, with the National Bureau of Statistics estimating that the rate increased to 64.72 percent last year. As of the end of 2022, 914 million people were living in cities, an increase of 12.05 million from 2021. All these factors will boost the regional market's expansion in coming years.

The China market dominated the Asia Pacific Hexane Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $332.6 million by 2030. The Japan market is registering a CAGR of 3.2% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 3.8% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

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)

China
Japan
India
South Korea
Singapore
Malaysia
Rest of Asia Pacific

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.)

Unique Offerings from KBV Research

Exhaustive coverage
Highest number of market tables and figures
Subscription based model available
Guaranteed best price
Assured post sales research support with 10% customization free

Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 Asia Pacific Hexane Market, by Grade
- 1.4.2 Asia Pacific Hexane Market, by Application
- 1.4.3 Asia Pacific 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. Asia Pacific Hexane Market by Grade

4.1 Asia Pacific Extraction Market by Country
4.2 Asia Pacific Polymerization Market by Country
4.3 Asia Pacific Others Market by Country

Chapter 5. Asia Pacific Hexane Market by Application

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

Chapter 6. Asia Pacific Hexane Market by Country

6.1 China Hexane Market
- 6.1.1 China Hexane Market by Grade
- 6.1.2 China Hexane Market by Application
6.2 Japan Hexane Market
- 6.2.1 Japan Hexane Market by Grade
- 6.2.2 Japan Hexane Market by Application
6.3 India Hexane Market
- 6.3.1 India Hexane Market by Grade
- 6.3.2 India Hexane Market by Application
6.4 South Korea Hexane Market
- 6.4.1 South Korea Hexane Market by Grade
- 6.4.2 South Korea Hexane Market by Application
6.5 Singapore Hexane Market
- 6.5.1 Singapore Hexane Market by Grade
- 6.5.2 Singapore Hexane Market by Application
6.6 Malaysia Hexane Market
- 6.6.1 Malaysia Hexane Market by Grade
- 6.6.2 Malaysia Hexane Market by Application
6.7 Rest of Asia Pacific Hexane Market
- 6.7.1 Rest of Asia Pacific Hexane Market by Grade
- 6.7.2 Rest of Asia Pacific 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 Asia Pacific Hexane Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Hexane Market, 2023 - 2030, USD Million
TABLE 3 Asia Pacific Hexane Market, 2019 - 2022, Kilo Tonnes
TABLE 4 Asia Pacific Hexane Market, 2023 - 2030, Kilo Tonnes
TABLE 5 Asia Pacific Hexane Market by Grade, 2019 - 2022, USD Million
TABLE 6 Asia Pacific Hexane Market by Grade, 2023 - 2030, USD Million
TABLE 7 Asia Pacific Hexane Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 8 Asia Pacific Hexane Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 9 Asia Pacific Extraction Market by Country, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Extraction Market by Country, 2023 - 2030, USD Million
TABLE 11 Asia Pacific Extraction Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 12 Asia Pacific Extraction Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 13 Asia Pacific Polymerization Market by Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Polymerization Market by Country, 2023 - 2030, USD Million
TABLE 15 Asia Pacific Polymerization Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16 Asia Pacific Polymerization Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 19 Asia Pacific Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 20 Asia Pacific Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 21 Asia Pacific Hexane Market by Application, 2019 - 2022, USD Million
TABLE 22 Asia Pacific Hexane Market by Application, 2023 - 2030, USD Million
TABLE 23 Asia Pacific Hexane Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 24 Asia Pacific Hexane Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 25 Asia Pacific Industrial Solvent Market by Country, 2019 - 2022, USD Million
TABLE 26 Asia Pacific Industrial Solvent Market by Country, 2023 - 2030, USD Million
TABLE 27 Asia Pacific Industrial Solvent Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 28 Asia Pacific Industrial Solvent Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 29 Asia Pacific Edible Oil Treatment Market by Country, 2019 - 2022, USD Million
TABLE 30 Asia Pacific Edible Oil Treatment Market by Country, 2023 - 2030, USD Million
TABLE 31 Asia Pacific Edible Oil Treatment Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 32 Asia Pacific Edible Oil Treatment Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 33 Asia Pacific Adhesives Formulation Market by Country, 2019 - 2022, USD Million
TABLE 34 Asia Pacific Adhesives Formulation Market by Country, 2023 - 2030, USD Million
TABLE 35 Asia Pacific Adhesives Formulation Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 36 Asia Pacific Adhesives Formulation Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 37 Asia Pacific Leather Treatment Market by Country, 2019 - 2022, USD Million
TABLE 38 Asia Pacific Leather Treatment Market by Country, 2023 - 2030, USD Million
TABLE 39 Asia Pacific Leather Treatment Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 40 Asia Pacific Leather Treatment Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 41 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 42 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 43 Asia Pacific Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 44 Asia Pacific Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 45 Asia Pacific Hexane Market by Country, 2019 - 2022, USD Million
TABLE 46 Asia Pacific Hexane Market by Country, 2023 - 2030, USD Million
TABLE 47 Asia Pacific Hexane Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 48 Asia Pacific Hexane Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 49 China Hexane Market, 2019 - 2022, USD Million
TABLE 50 China Hexane Market, 2023 - 2030, USD Million
TABLE 51 China Hexane Market, 2019 - 2022, Kilo Tonnes
TABLE 52 China Hexane Market, 2023 - 2030, Kilo Tonnes
TABLE 53 China Hexane Market by Grade, 2019 - 2022, USD Million
TABLE 54 China Hexane Market by Grade, 2023 - 2030, USD Million
TABLE 55 China Hexane Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 56 China Hexane Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 57 China Hexane Market by Application, 2019 - 2022, USD Million
TABLE 58 China Hexane Market by Application, 2023 - 2030, USD Million
TABLE 59 China Hexane Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 60 China Hexane Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 61 Japan Hexane Market, 2019 - 2022, USD Million
TABLE 62 Japan Hexane Market, 2023 - 2030, USD Million
TABLE 63 Japan Hexane Market, 2019 - 2022, Kilo Tonnes
TABLE 64 Japan Hexane Market, 2023 - 2030, Kilo Tonnes
TABLE 65 Japan Hexane Market by Grade, 2019 - 2022, USD Million
TABLE 66 Japan Hexane Market by Grade, 2023 - 2030, USD Million
TABLE 67 Japan Hexane Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 68 Japan Hexane Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 69 Japan Hexane Market by Application, 2019 - 2022, USD Million
TABLE 70 Japan Hexane Market by Application, 2023 - 2030, USD Million
TABLE 71 Japan Hexane Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 72 Japan Hexane Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 73 India Hexane Market, 2019 - 2022, USD Million
TABLE 74 India Hexane Market, 2023 - 2030, USD Million
TABLE 75 India Hexane Market, 2019 - 2022, Kilo Tonnes
TABLE 76 India Hexane Market, 2023 - 2030, Kilo Tonnes
TABLE 77 India Hexane Market by Grade, 2019 - 2022, USD Million
TABLE 78 India Hexane Market by Grade, 2023 - 2030, USD Million
TABLE 79 India Hexane Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 80 India Hexane Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 81 India Hexane Market by Application, 2019 - 2022, USD Million
TABLE 82 India Hexane Market by Application, 2023 - 2030, USD Million
TABLE 83 India Hexane Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 84 India Hexane Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 85 South Korea Hexane Market, 2019 - 2022, USD Million
TABLE 86 South Korea Hexane Market, 2023 - 2030, USD Million
TABLE 87 South Korea Hexane Market, 2019 - 2022, Kilo Tonnes
TABLE 88 South Korea Hexane Market, 2023 - 2030, Kilo Tonnes
TABLE 89 South Korea Hexane Market by Grade, 2019 - 2022, USD Million
TABLE 90 South Korea Hexane Market by Grade, 2023 - 2030, USD Million
TABLE 91 South Korea Hexane Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 92 South Korea Hexane Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 93 South Korea Hexane Market by Application, 2019 - 2022, USD Million
TABLE 94 South Korea Hexane Market by Application, 2023 - 2030, USD Million
TABLE 95 South Korea Hexane Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 96 South Korea Hexane Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 97 Singapore Hexane Market, 2019 - 2022, USD Million
TABLE 98 Singapore Hexane Market, 2023 - 2030, USD Million
TABLE 99 Singapore Hexane Market, 2019 - 2022, Kilo Tonnes
TABLE 100 Singapore Hexane Market, 2023 - 2030, Kilo Tonnes
TABLE 101 Singapore Hexane Market by Grade, 2019 - 2022, USD Million
TABLE 102 Singapore Hexane Market by Grade, 2023 - 2030, USD Million
TABLE 103 Singapore Hexane Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 104 Singapore Hexane Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 105 Singapore Hexane Market by Application, 2019 - 2022, USD Million
TABLE 106 Singapore Hexane Market by Application, 2023 - 2030, USD Million
TABLE 107 Singapore Hexane Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 108 Singapore Hexane Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 109 Malaysia Hexane Market, 2019 - 2022, USD Million
TABLE 110 Malaysia Hexane Market, 2023 - 2030, USD Million
TABLE 111 Malaysia Hexane Market, 2019 - 2022, Kilo Tonnes
TABLE 112 Malaysia Hexane Market, 2023 - 2030, Kilo Tonnes
TABLE 113 Malaysia Hexane Market by Grade, 2019 - 2022, USD Million
TABLE 114 Malaysia Hexane Market by Grade, 2023 - 2030, USD Million
TABLE 115 Malaysia Hexane Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 116 Malaysia Hexane Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 117 Malaysia Hexane Market by Application, 2019 - 2022, USD Million
TABLE 118 Malaysia Hexane Market by Application, 2023 - 2030, USD Million
TABLE 119 Malaysia Hexane Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 120 Malaysia Hexane Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 121 Rest of Asia Pacific Hexane Market, 2019 - 2022, USD Million
TABLE 122 Rest of Asia Pacific Hexane Market, 2023 - 2030, USD Million
TABLE 123 Rest of Asia Pacific Hexane Market, 2019 - 2022, Kilo Tonnes
TABLE 124 Rest of Asia Pacific Hexane Market, 2023 - 2030, Kilo Tonnes
TABLE 125 Rest of Asia Pacific Hexane Market by Grade, 2019 - 2022, USD Million
TABLE 126 Rest of Asia Pacific Hexane Market by Grade, 2023 - 2030, USD Million
TABLE 127 Rest of Asia Pacific Hexane Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 128 Rest of Asia Pacific Hexane Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 129 Rest of Asia Pacific Hexane Market by Application, 2019 - 2022, USD Million
TABLE 130 Rest of Asia Pacific Hexane Market by Application, 2023 - 2030, USD Million
TABLE 131 Rest of Asia Pacific Hexane Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 132 Rest of Asia Pacific 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

Asia Pacific 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