Global Hexanes Market
Global Hexanes Market - Image 2
  1. Global Hexanes Market
  2. Global Hexanes Market - Image 2

Global Hexanes Market

$5,000.00

Category:

Global Hexanes Market Report

Hexanes are the simplest hexane derivatives, used in countless reactions. The product is called hexane because it dissolves rapidly in alcohols, but then flows well between flammable substances. Hexane is a colorless, flammable liquid with an odor threshold of 0.5 ppm (parts per million). It is heavier than air and burns readily.

Hexane is an organic chemical compound, commonly used as a solvent. It is colorless in liquid form, but it becomes yellowish to brown when exposed to air. Hexane has pungent smell, and its effluent has strong irritating odor, so it is often used as a raw material indicator in analytical chemistry.

Hexane is a cyclohexane solvent and raw material. It is used in a variety of industrial applications and may be obtained from crude oil; it is also obtained by catalytic cracking of petrochemicals such as ethylene, propylene, butadiene, and similar products. The production of hexanes has been estimated at approximately 4 million tons per year. As a solvent, hexane is used to dissolve mineral ores, oils, resins and other substances.

The report throws light on the Global Hexane Market growth, drivers, Global Hexane Market challenges, opportunities and market status in 2023. The report portrays Global Hexane Market volume forecast of both revenues and production up to 2033. It also displays the quantitative analysis of sales data of Global Hexane products and supplies into different regions Worldwide. In addition, the study provides the most up-to-date data on price changes in each segment of the market with respect to the competition in terms of volume of sales. The Global Hexane Market report gives you a detailed view of the market for Global hexane manufacturers, their strategy, SWOT analysis and other important benefits.

The global market for hexane is driven by demand in the petrochemical and chemical industries that use hexane and its derivatives. Demand for the commodity has been increasing due to rising ethanol production, which is made from corn or other vegetables by fermentation. However, petroleum use in refining has increased hexane prices in recent years, as well as strict restrictions on production and trade of some light hydrocarbons such as pentanes plus (or mixtures thereof), due to concerns over ozone depletion, climate change and hurricanes.

Hexane is a trade name of 1,2-dichloroethane (1,2-DLCS), but is more precisely described as a mixture of 28% isomers. The largest market segment for hexane today is the aromatics industry. This segment represents more than 90% of all demand for hexane.

The key players in the hexane market are Exxon Mobil Corporation (U.S.), Chevron Corporation (USA), Shell Company (UK) and LyondellBasell Industries NV.

Related products