Published by Uma Rajagopal
Posted on January 6, 2022
Hexylene glycol is witnessing high demand in the personal care and cosmetics industry, since it is used as a surfactant, emulsifier, and viscosity reducing agent in several products. Moreover, growing utilization of hexylene glycol as a direct solvent in paints & coatings, household and industrial cleaners, etc., is expected to pave the way for decent sales during the forecast period (2019-2029).
To remain ‘ahead’ of your competitors, request for a sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-5703
The global hexylene glycol market was valued at around US$ 187 Mn in 2018, with a market volume of 73,590 tons.
Key Takeaways from Global Hexylene Glycol Market Study
“Low evaporation rate and complete miscibility with water make hexylene glycol an excellent solvent. As a result, its application across several end-use industries is projected to rise, driving market growth over the forecast period.”
The hexylene glycol market is fairly consolidated. Global players such as BASF SE, Solvay SA, Dow DuPont, and Lonza Group have invested strategically in the hexylene glycol market in the recent past, which suggests that major manufactures are keeping tabs on the market, as it holds a lot of potential in the coming future.
Research & development, coupled with expansion of production capacity and footprint, remains the key strategy being followed by hexylene manufacturers to enhance productivity and capture new market opportunities.
For critical insights on this market, request to ask an expert here @ https://www.futuremarketinsights.com/ask-question/rep-gb-5703
North America is anticipated to hold a prominent share of the global hexylene glycol market, owing to increasing demand from the paints & coatings industry. Another key factor driving growth of the hexylene market in North America is the focus of manufacturers on customization of products as per specific applications. Hexylene glycol is also prominently used as an antifreeze agent in North America, which is bolstering its sales in the region.
How Growth will Unfold
Capturing over half of overall demand, the usage of hexylene glycol as a solvent across various sectors – oil & gas, pharmaceuticals, and textiles – would remain prominent. This swelling adoption is characterized by its excellent miscibility and low evaporation rate attributes. On the other hand, top-line growth of the global chemical sector is fueling the consumption of hexylene glycol as a chemical intermediate to produce finished products for various end-use industries. Increasing scope of application in antifreeze purposes is further offering white spaces to manufacturers.
The market report on hexylene glycol published by Future Market Insights brings to the fore a pin-point analysis of the market, and offers comprehensive information with historical demand data of 2014-2018 and forecast statistics for 2019-2029. The study offers insightful information on the global hexylene glycol market based on various categories – grade (pharmaceutical and industrial), application (solvents, chemical intermediates, antifreeze, and others), and end use (construction, drugs, paints & coatings, chemicals, oil & gas, leather & textiles, and others), across seven regions.
For More Information or Query or Customization Before Buying, Visit: https://www.futuremarketinsights.com/customization-available/rep-gb-5703
This study highlights key market players who are well-known vendors and have proven themselves as key shareholders in the global hexylene glycol market. Some of the market players included in the report are BASF SE, Solvay SA, Dow DuPont, Lonza Group, LANXESS, and Arkema, among others.
Explore wide-ranging Coverage of FMI’s Chemicals & Materials Market Insights Landscape
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About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Contact:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com/
Report: https://www.futuremarketinsights.com/reports/hexylene-glycol-market
Hexylene glycol is witnessing high demand in the personal care and cosmetics industry, since it is used as a surfactant, emulsifier, and viscosity reducing agent in several products. Moreover, growing utilization of hexylene glycol as a direct solvent in paints & coatings, household and industrial cleaners, etc., is expected to pave the way for decent sales during the forecast period (2019-2029).
To remain ‘ahead’ of your competitors, request for a sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-5703
The global hexylene glycol market was valued at around US$ 187 Mn in 2018, with a market volume of 73,590 tons.
Key Takeaways from Global Hexylene Glycol Market Study
“Low evaporation rate and complete miscibility with water make hexylene glycol an excellent solvent. As a result, its application across several end-use industries is projected to rise, driving market growth over the forecast period.”
The hexylene glycol market is fairly consolidated. Global players such as BASF SE, Solvay SA, Dow DuPont, and Lonza Group have invested strategically in the hexylene glycol market in the recent past, which suggests that major manufactures are keeping tabs on the market, as it holds a lot of potential in the coming future.
Research & development, coupled with expansion of production capacity and footprint, remains the key strategy being followed by hexylene manufacturers to enhance productivity and capture new market opportunities.
For critical insights on this market, request to ask an expert here @ https://www.futuremarketinsights.com/ask-question/rep-gb-5703
North America is anticipated to hold a prominent share of the global hexylene glycol market, owing to increasing demand from the paints & coatings industry. Another key factor driving growth of the hexylene market in North America is the focus of manufacturers on customization of products as per specific applications. Hexylene glycol is also prominently used as an antifreeze agent in North America, which is bolstering its sales in the region.
How Growth will Unfold
Capturing over half of overall demand, the usage of hexylene glycol as a solvent across various sectors – oil & gas, pharmaceuticals, and textiles – would remain prominent. This swelling adoption is characterized by its excellent miscibility and low evaporation rate attributes. On the other hand, top-line growth of the global chemical sector is fueling the consumption of hexylene glycol as a chemical intermediate to produce finished products for various end-use industries. Increasing scope of application in antifreeze purposes is further offering white spaces to manufacturers.
The market report on hexylene glycol published by Future Market Insights brings to the fore a pin-point analysis of the market, and offers comprehensive information with historical demand data of 2014-2018 and forecast statistics for 2019-2029. The study offers insightful information on the global hexylene glycol market based on various categories – grade (pharmaceutical and industrial), application (solvents, chemical intermediates, antifreeze, and others), and end use (construction, drugs, paints & coatings, chemicals, oil & gas, leather & textiles, and others), across seven regions.
For More Information or Query or Customization Before Buying, Visit: https://www.futuremarketinsights.com/customization-available/rep-gb-5703
This study highlights key market players who are well-known vendors and have proven themselves as key shareholders in the global hexylene glycol market. Some of the market players included in the report are BASF SE, Solvay SA, Dow DuPont, Lonza Group, LANXESS, and Arkema, among others.
Explore wide-ranging Coverage of FMI’s Chemicals & Materials Market Insights Landscape
Sodium Bicarbonate Market – The growth of the Sodium Bicarbonate market is also anticipated to be affected by this pandemic crisis and is also expected to see a considerable drop in the fiscal prospects of 2020-2021.
Compressor Oil Market – According to FMI’s analysis, the compressor oil market has been estimated to witness a CAGR of 4.6% CAGR between 2021 and 2031
Ceiling Tiles Market – ESOMAR-certified consulting firm Future Market Insights (FMI) has recently published a report on the global ceiling tiles market for the forecast period 2021-2031. According to the report, the market is expected to post impressive gains, expanding staggeringly at a CAGR exceeding 10% throughout the forecast period
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Contact:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com/
Report: https://www.futuremarketinsights.com/reports/hexylene-glycol-market
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