Sunday, March 26, 2023
  • About Us
  • Contact Us
KsaWeekly.com
  • News
  • Business
  • Finance
  • Technology
  • Lifestyle
  • Middle East
  • Press Release
Submit a News Release
No Result
View All Result
KsaWeekly.com
Submit PR
Home Press Release

Hexane Market worth $3.1 billion by 2027 – Exclusive Report by MarketsandMarkets™

Press Room by Press Room
January 25, 2023
in Press Release
Hexane Market worth $3.1 billion by 2027 – Exclusive Report by MarketsandMarkets™
Share on FacebookShare on Twitter


 


(EMAILWIRE.COM, January 25, 2023 ) The report “Hexane Market by Grade (Oil Extraction/Food, Pharmaceutical, and Industrial), Application (Oil Extraction, Pharmaceutical, Industrial Cleaning and Degreasing, Polymerization), and Region (North America, APAC, Europe, MEA, South America) – Global Forecast to 2027”, is projected to reach USD 3.1 billion by 2027 from USD 2.4 billion in 2022, at a CAGR of 4.8%, during the forecast period. Steady demand from the edible oils market is driving the demand for hexane.

Download PDF brochure of the Report @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=91763483

Industrial grade is expected to grow at the highest CAGR during the forecast period, by value

Industrial grade hexane is used in industries as a cleaning agent, in the formulation of glues, as an additive in consumer products and to extract oil and grease contaminates from soil and water for analysis in laboratories. Thus, the usage of industrial grade hexane in various industries is expected to drive demand.

Polymerization application is expected to grow at the highest CAGR during the forecast period, by value

Hexane is used as a reaction medium for polymerizations. Growth of major end-use industries of polymer foam such as building & construction, furniture & bedding, and packaging industry is expected to increase demand for polymers. Thus, growth in demand for polymer is expected to create high growth potential for hexane market.

Don’t miss out on business opportunities in Hexane Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow. https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=91763483   

Browse in-depth TOC on “Hexane Market”

187 – Market Data Tables

47 – Figures

178 – Pages

Europe accounted for the second-largest share in 2021, in terms of value

Europe was the second-largest market in 2021 by value. Germany accounted for the largest market share in the region. The food industry in Germany is growing at a high rate, creating significant growth potential for the hexane market in the country. Also, the country has a strong pharmaceutical sector which contributes a significant share to the entire economy. Thus, the growth of the food and pharmaceutical sectors is expected to boost the market for hexane.

Some of the leading players in this market include China Petroleum & Chemical Corporation (China), Shell plc (UK), Exxon Mobil Corporation (US), Rompetrol-Rafinare (Romania), Junyuan Petroleum Group (China), TotalEnergies (France), Phillips 66 Company (US), Indian Oil Corporation Ltd (India), Petróleo Brasileiro S.A. (Brazil), Bharat Petroleum Corporation Limited (India), Hindustan Petroleum Corporation Limited (India), Honeywell International Inc. (US), Sumitomo Chemical (Japan), among others.

Get Sample Pages of This Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=91763483

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.



Source link

Previous Post

KIKO Milano CEO Simone Dominici talks Saudi expansion plans – Arab News

Next Post

تحدد جمعية زوجات الضباط البحريين (NOWA) 16 من الإنجازات الرئيسية لحاجيه عائشة غامبو في عامين

RECOMMENDED NEWS

5G Industrial IOT Market To Achieve A High CAGR Of 79.1% During Forecast Period -2026

6 months ago

Disney poised to launch its streaming service across Middle East – Arabian Business

9 months ago

Internet of Things (IoT) in Retail Market Worth $42.6 Billion by 2029

8 months ago
Synthetic Rubber Market worth $28.9 billion by 2027

Synthetic Rubber Market worth $28.9 billion by 2027

3 months ago

BROWSE BY CATEGORIES

  • Business
  • Finance
  • Lifestyle
  • Middle East
  • News
  • Press Release
  • Technology

POPULAR NEWS

  • ZainTech partners with LigaData to deliver data-driven digital services in MENA

    ZainTech partners with LigaData to deliver data-driven digital services in MENA

    0 shares
    Share 0 Tweet 0
  • تم إطلاق VOYAH FREE في أوروبا وتم افتتاح معرض VOYAH.

    0 shares
    Share 0 Tweet 0
  • Saudi Arabia’s NuqtahNFT and ConsenSys partner to empower Web 3 startups

    0 shares
    Share 0 Tweet 0
  • Vidliz Expands Its Data-Driven Online Marketing Services in the Middle East

    0 shares
    Share 0 Tweet 0
  • NOWA outlines 16 major achievements of Hajiya Aisha Gambo in 2 Years

    0 shares
    Share 0 Tweet 0

KSA Weekly™ publishes and aggregates business, socio-economic, Tech and industrial news on Saudi Arabia, Middle East and North Africa (MENA).

We provide press release distribution to media in the Kingdom of Saudi Arabia, the Arab world and the GCC/MENA regions. To send your press release, contact us today.

Recent News

Recent Posts
  • The Dhahab Sports Web 3.0 is going to be the biggest sports digital asset launching for 2023
  • BZR on Coinstore – a Significant Milestone for Bazaars
  • Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.
  • Correction: BioMap and MBZUAI team up on joint biocomputing lab to promote sustainable development and human health in the Middle East
  • French-speaking Saudis host cultural night in Jeddah – Arab News

Category

News

Business

Finance

Technology

Lifestyle

Middle East

Press Releases

Subscribe to Our Newsletter

    KSA Weekly ™ is part of GroupWeb Media Network. © 2023 GroupWeb Media LLC

    • About Us
    • Contact Us
    • Submit a Press Release
    No Result
    View All Result
    • News
    • Business
    • Finance
    • Technology
    • Lifestyle
    • Middle East
    • Press Release

    © 2023 JNews - Premium WordPress news & magazine theme by Jegtheme.