N-Hexyl Alcohol Market Share

N-Hexyl Alcohol Market Overview 

N-hexyl alcohol is a six-carbon organic alcohol that is miscible with ether and alcohol. Plasticizers precursor, chemical intermediary, odour agent, flavouring agent, inert ingredient, lubricant, additive, and processing aid are only some of the uses for the product. Pesticides, food and beverages, creams and lotions, fabric softeners, antiseptics, hypnotic medications, and other products contain N-hexyl alcohol. The chemicals sector is driving the global N-hexyl alcohol market, as it is being employed as an inert ingredient as an emulsifier, solvent, and propellant, as well as a chemical intermediary in solvents, solid separation agents, adhesives, and sealant chemicals, among other applications. Plasticizers, solvents, adhesives, emulsifiers, and insecticides are in high demand in a variety of end-use industries, including automotive, cosmetics and personal care, construction, and agriculture. In the cosmetics and personal care business, N-hexyl alcohol is increasingly used to make soaps, shampoos, creams and lotions, and deodorants, among other things. The global N-hexyl alcohol market is being driven by the rising cosmetics and personal care industry, which is seeing increased demand for cosmetics, skin and hair care products. Furthermore, the developing food & beverage sector is expected to fuel the expansion of the N-hexyl alcohol market, as the product is being used as a food additive in beverages, ice creams, baked goods, and gelatin, among other things. Furthermore, increased demand for packaged beverages and food goods is predicted to boost product demand even more due to the increased desire for convenience and improved product shelf life.

Global N-Hexyl Alcohol Market Share, by End-Use Industry, 2017 (%)

Regional Analysis

The market in Asia-Pacific accounted for the largest share of the N-hexyl alcohol market in 2017 and is expected to continue its dominance during the forecast period. This growth can be attributed to the rapidly expanding industrial base and rising per capita income in developing nations such as China, India, and Thailand. Additionally, the growing food & beverage industry with the increasing demand for packaged beverages and food products from the young working population is expected to propel market growth.

North America is another prominent market for N-hexyl alcohol due to the rising demand from major end-use industries such as pharmaceuticals, food & beverage, and cosmetics and personal care. Moreover, the growing cosmetics and personal care industry with a surge in demand for skin and hair care products is driving market growth in the region.

The European market is also expected to grow on account of the expanding packaging industry with the rising demand for packaged food and beverages. Additionally, the growing healthcare industry with increasing spending on healthcare coupled with the expanding geriatric population is bolstering market growth.

The Latin American market is expected to witness considerable growth due to the growing cosmetics and personal care industry especially in Brazil and Mexico on account of the escalating demand for cosmetics for men.

The market in the Middle East & Africa is likely to exhibit considerable growth during the review period on account of the rapidly growing industrial base in the region.

Segmentation

The global N-hexyl alcohol market has been segmented by application, end-use industry, and region.

Based on application, the market has been segmented into plasticizer precursor, chemical intermediate, odor agent, flavoring agent, inert ingredient, lubricant, additive, processing aid, fabric softener, and others.

Based on end-use industry, the market has been segregated into chemicals, food & beverage, cosmetics and personal care, pharmaceuticals, textiles, plastic, and others.

The N-hexyl alcohol market has been studied with respect to five regions—North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

Key Players

Some of the key players in the global N-hexyl alcohol market are Sasol Limited (South Africa), Alfa Aesar (US), the Good Scents Company (US), Merck KGaA (Germany), Bharat Jyoti Impex (India), Penta Manufacturer (US), Sisco Research Laboratories Pvt. Ltd. (India), Ecogreen Oleochemicals (Singapore), and Zhejiang NHU Company Ltd, NHU (China).Recent Development

LANXESS announced a contractual deal in February 2021 to purchase 100 percent of Emerald Kalama Chemical (Emerald Performance Materials), a benzyl alcohol producer, expanding the company's product portfolio and business. LANXESS said in March 2019 that its benzyl alcohol manufacturing capacity at its facility in Krefeld-Uerdingen, Germany, would be increased by around 30%, boosting the company's business.

Intended Audience

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  N-hexyl alcohol manufacturers

  
  


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  Traders and distributors of N-hexyl alcohol

  
  


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  Research and development institutes

  
  


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  Potential investors

  
  


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  Raw material suppliers

  
  


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  Nationalized laboratories