“Increasing use of hexane for extraction of non-polar carotenes is expected to prominently drive hexane market potential through 2032,” says a Fact.MR analyst
South Korea, Seoul, Aug. 25, 2022 (GLOBE NEWSWIRE) -- As of 2022, the hexane market stands at a value of US$ 2.21 billion and is projected to reach US$ 3.05 billion by the end of 2032. Worldwide consumption of hexane is estimated to increase at a CAGR of 3.3% from 2022 to 2032. This new survey by Fact.MR, a market research and competitive intelligence provider, provides a complete assessment of all the trends and opportunities in the global hexane industry.
Increasing population across the world has resulted in high demand for edible oils and this is anticipated to be a major factor driving overall hexane market growth through 2032. Rising industrialization is propelling the demand for industrial solvents and hexane is a widely used solvent that is expected to provide lucrative opportunities for market players over the forecast period. However, volatility in the pricing of raw materials and strict laws to conserve the environment are expected to have a hindering effect on the global hexane market potential through 2032.
Hexane suppliers are focusing on advancing their research capabilities to develop new products and gain a competitive edge over other market players. Hexane manufacturing companies are also anticipated to deploy various strategies to overcome the challenges of strict mandates that are being put in place across the world for environmental conservation.
https://www.factmr.com/connectus/sample?flag=S&rep_id=7488
Key Takeaways from Market Study
In 2022, the hexane market stands at a valuation of US$ 2.21 billion.
Demand for hexane is projected to expand at a CAGR of 3.3% from 2022 to 2032.
The hexane market is anticipated to reach a revenue of US$ 3.05 billion by 2032.
Increasing industrialization, rising demand for industrial solvents, growing demand for food-grade hexane, and increasing population are major factors that will drive market growth through 2032.
Strict laws in environmental conservation and volatility in raw material pricing are expected to have a hampering effect on overall market potential.
The North America hexane market accounts for a major market share of 32.7% in 2022 and is projected to reach US$ 1.02 billion by 2032.
The extraction grade segment is anticipated to expand at a CAGR of 3.5% and reach US$ 1.65 billion by 2032.
The edible oil extraction segment currently stands at a value of US$ 808.3 million and is expected to gain a market share of 37.9% by 2032.
The hexane market is nearing consolidation and major players account for a significant market share at present. New entrants in the market could deploy innovative strategies to gain a place in this hexane marketplace; however, the consolidated nature of this industry is expected to provide some challenges in doing so.
Hexane manufacturers are expected to increase their investments in research and development to expand their product offerings and gain a competitive advantage over other market players.
https://www.factmr.com/connectus/sample?flag=AE&rep_id=7488
Key hexane manufacturers are investing in research and development to advance their product portfolio and diversify their offerings to gain a competitive edge over the other market players.
The hexane market is nearing consolidation and hence it is difficult for new entrants to make a mark in the global hexane industry landscape. However, with proper planning and enough investment they can penetrate the market and gain a notable market share.
Key Segments Covered in Hexane Industry Research
https://www.factmr.com/checkout/7488
More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the global hexane market, presenting historical demand data (2017-2021) and forecast statistics for the period of 2022-2032.
The study divulges essential insights on the market on the basis of grade (based onymerization, other grades), application (edible oil extraction, industrial solvents, adhesive formulations, leather treatment), and across five major regions (North America, Latin America, Europe, APAC, and the MEA).
Check out more related studies published by Fact.MR Research:
Polymer Seals Market - The global polymer seals market is slated to expand at a CAGR of close to 6% throughout the 2021-2031 assessment period. Hydraulic & pneumatic seals and rotary seals will remain most sought-after across industries, with both these segments together holding close to four-fifth overall market share.
Polymer Surfactants Market - Polymer Surfactants are polymers with surfactant properties. Surfactants are compounds with the ability to lower the surface tension of a liquid to reduce the interfacial tension between two liquids or between a liquid & solid.
Polymer Vials Market - According to the very recent analysis, the global sales of polymer vials are anticipated to witness a lucrative growth rate over the forecast period, with global revenues increasing by a significant market share year on year. According to a new forecast, polymer vials revenue will grow more than twice between 2021 and 2031.
Polymer Nanocomposites Market - As per the latest polymer nanocomposites industry analysis by Fact.MR, the global market is projected to grow from US$ 5 Bn in 2020 to US$ 9 Bn by 2031, surging at a CAGR of 16%. Demand for clay-based nanocomposites is set to accelerate at an impressive CAGR of 20% across the assessment period of 2021 to 2031.
Nucleic Acid Extraction System Market - Growing demand for nucleic acid extraction systems in hospitals & diagnostic centers is attributed to rising research initiatives, use of nucleic acid testing in molecular diagnostics, and high requirement for rapid and precise disease diagnosis.
Pacemaker/Defibrillator Lead Extraction Kits Market - Increasing geriatric population across the globe along with prevalence of chronic diseases has led to increase in the demand for various medical devices, especially cardiac devices, which has prompted growing requirement for lead extractions.
Total Nucleic Acid Extraction Kits Market - The total nucleic acid extraction kits purify both genomic DNA and RNA with a combined chemical and mechanical lysis method specifically developed for bacteria which are hard-to-lyse. Total nucleic acid extraction kits provide an enzymatic and a closed-tube method to obtain DNA or RNA from frozen or fresh tissue without any physical interruption.
Ketone Based Solvents Market - The market for ketone based solvent witnessed massive slowdown in its progress as a result of the spread of Covid-19 pandemic across the globe. The level of demand declined to the extreme level due to lockdown creating hurdles for the key players operating in this market.
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
Federated Hermes Chief Equity Strategist Phil Orlando joins Yahoo Finance Live to discuss Jerome Powell's latest comments and what the next steps from the Fed may be to fight inflation.
Though signs point to prices moderating, Powell said on Friday that the bank will continue to hike interest rates this year
The Fed chair obviously chose to ignore data released just today that shows that current consumer level inflation is not exactly out of control.
Yahoo Finance's Ines Ferre breaks down Friday's market action, with stocks closing at the lows of the session and the U.S. dollar rising.
Follow Buffett’s lead. And collect big dividends while you’re at it.
Altria Group (MO) declares a dividend hike of 4.4%, taking its quarterly dividend to 94 cents per share. The company is focused on boosting shareholders' returns.
Nio (NYSE: NIO) investors got some good news from Chinese authorities for the second day in a row today. The company's American depositary shares are responding again this morning, jumping 6% at the market open but easing to a gain of 1.9% as of 10:05 a.m. ET. Shares of the Chinese EV company spiked yesterday on news that the Chinese government was adding a new stimulus package to jump-start a sagging economy.
The chip maker has lost a third of its value in 2022. Its CEO just made his biggest buy of shares since becoming CEO early last year.
Yahoo Finance reporter Ines Ferre looks at how the stock market is reacting to Fed Chair Powell's speech at the Jackson Economic Hole Symposium.
The old stock market axiom to buy when others are fearful could readily apply right now, according to Ashish Shah, chief investment officer at Goldman Sachs. Amid concerns markets will be volatile following Federal Reserve Chair Jerome Powell’s Jackson Hole policy speech on Friday, Shah thinks that doesn’t mean investors should stay on the sidelines at present. It's preferable to buy "when there's fear in the market," say Shah. "Don't fall into the trap of buying when there's FOMO," he added. Ag
U.S. stocks close with big losses Friday after Federal Reserve Chair Jerome Powell said the central bank will continue its inflation battle until it falls back to around 2%.
Shares of several fintech stocks lost ground today, along with the broader market, after Federal Reserve Chairman Jerome Powell indicated the Fed will stay hawkish until it sees further proof that inflation is coming down. Shares of the digital bank SoFi Technologies (NASDAQ: SOFI) fell roughly 7.6% today, while shares of artificial intelligence lender Upstart Holdings (NASDAQ: UPST) fell 10.3%, and shares of the large mortgage originator Rocket Companies (NYSE: RKT) ended the day down nearly 10.8%. The market waited all week for Powell to take the floor at the Fed's annual Jackson Hole Economic Symposium, looking for clarity on where the Fed might be headed with future interest rate hikes.
What company is next to split its shares after Tesla? There's one logical answer hiding in plain sight.
Canadian cannabis stocks are under pressure yet again today. As of 1:12 p.m. ET Friday, Tilray (NASDAQ: TLRY) stock was down by 5.4%, Canopy Growth's (NASDAQ: CGC) equity was in the red by 7.3%, and Aurora Cannabis' (NASDAQ: ACB) shares were lower by 7%. Yesterday, Democratic Sen. Ron Wyden admitted in comments to public policy magazine The American Prospect that the Cannabis Administration and Opportunity Act (CAOA) is unlikely to have the 60 votes required to pass.
As these catalysts are not likely to subside any time soon, natural gas prices could remain elevated at levels not seen since 2008. Here are three stocks related to natural gas exploration, production and distribution, and also pay high dividends to shareholders. ONE Gas Inc. is one of the largest publicly traded natural gas utilities in the United States.
Here's why one Wall Street analyst really loves Peloton's stock.
Most news coverage of stocks is like reporting on the score four minutes into an NBA game. It's just noise because there's space to fill.
Beijing offered a rare concession Friday, agreeing to allow U.S. accounting regulators to examine the audits of Chinese firms listed on American stock exchanges.
In the updated daily bar chart of PLUG, below, we can see the price gains since the stock closed above $20. The daily On-Balance-Volume (OBV) line shows strength from May telling us that buyers of PLUG have been more aggressive than sellers. The Moving Average Convergence Divergence (MACD) oscillator is yahoo the zero line but recently crossed to the downside for a take profit sell signal.
Shares of several Chinese stocks that trade on U.S. exchanges rose this week after the Chinese government implemented more favorable economic policies and some companies delivered upbeat earnings news. For the week, shares of Chinese e-commerce giant JD.Com (NASDAQ: JD) were trading roughly 18.6% higher as of 3:16 p.m. ET Thursday, according to data provided by S&P Global Market Intelligence. Shares of online tutoring company TAL Education Group (NYSE: TAL) were up by nearly 21%, and shares of agricultural tech company Pinduoduo (NASDAQ: PDD) were up by close to 31%.