The n-hexane prices for Q4 2023 reached 1198 USD/MT in the USA. The market showed diverse trends, starting with a price increase due to strong cost support. However, by December, prices fell as mild weather reduced gas demand and production slowed. Additionally, lower global food prices, especially in the vegetable oil sector, weakened n-hexane demand, creating a complex market environment.

N-Hexane Prices December 2023

Product	Category	Region	Price
N-Hexane	Petrochemicals	USA	1198 USD/MT
N-Hexane	Petrochemicals	China	1910 USD/MT
N-Hexane	Petrochemicals	Germany	1284 USD/MT

Explore IMARC’s newly published report, titled “N-Hexane Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of n-hexane pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

The hexane prices in the United States for Q4 2023 reached 1,188 USD/MT in December. The prices maintained a steady course due to a well-balanced supply and demand dynamic. The relative stability of crude oil prices played a significant role in keeping the market calm, avoiding major price swings, and ensuring a predictable market environment for stakeholders.

The Global Hexane Market Report is Segmented by Type (N-Hexane, Isohexane, and Neohexane), Grade (Polymer Grade, Food Grade, and Other Grades), Application (Industrial Solvents, Edible Oil Extractants, Cleaning and Degreasing, and Other Applications), and Geography (Asia-Pacific, North America, Europe, South America, and the Middle East and Africa). The Size and Growth Forecasts for the Hexane Market are Provided in Terms of Revenue (USD) for all the Above Segments.

Hexane Market Size And Forecast

Hexane Market size was valued at USD 2 Billion in 2024 and is projected to reach USD 2.31 Billion by 2031, growing at a CAGR of 3.40% from 2024 to 2031.

Hexane Market Drivers

Growing demand for solvents: Hexane is a versatile solvent used in various industries, including chemical manufacturing, pharmaceuticals, and personal care products. The increasing demand for solvents is driving the market for hexane.

Applications in the food industry: Hexane is used as a solvent in the extraction of oils and fats from food products. The growing food processing industry is driving the demand for hexane.

Advancements in chemical processes: The development of new chemical processes and technologies that use hexane as a solvent is expanding its applications.

Hexane Market Restraints

Environmental concerns: Hexane is a volatile organic compound (VOC) and can contribute to air pollution. Increasing environmental regulations and concerns are limiting the use of hexane in some applications.

Competition from alternative solvents: Hexane competes with other solvents, such as heptane and pentane, which may limit its market share.

The size and share of the market is categorized based on Type (60% N-Hexane, 80% N-Hexane, Other) and Application (Grain and Oil Extraction, Solvent Production, Other) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

The Hexane Market is projected to grow at 8.0% CAGR, reaching $3.45 Billion by 2029. Where is the industry heading next? Get the sample report now!

The Hexane Market was valued at USD 2.33 billion in 2024 and is projected to reach USD 3.20 billion by 2034, growing at a CAGR 3.6% from 2025 to 2034.

The global hexane market size was USD 2.22 Bn in 2022 and is likely to reach USD 3.02 Bn by 2031, expanding at a CAGR of 3.5% during 2023–2031. The market growth is attributed to the wide applications of hexane in numerous industries.



Hexane is an organic volatile compound and consists of six carbon atoms with the chemical formula C6H14. It is also known as n-hexane and is derived from natural gas and crude oil by various thermal and catalytic cracking processes. It is both a naturally occurring and an anthropogenic chemical.

The main types of hexanes are n-hexane, neo hexane, and isohexane. N-hexane is derived from crude oil and is highly combustible with a mild colorless liquid and unpleasant odor. Isohexane is derived by fractional petroleum distillation. It is a flammable, odorless, and colorless chemical. Neohexene is an organic compound with a colorless appearance and is mildly sweet in odor.



It is produced from refining crude oil and is mainly applied in edible oil extraction. Hexane is widely used for industrial applications. Its production depends on the availability of crude oil. Mostly, hexane is available in two forms which include solvent-based hexane and pure-based hexane.



Solvent-based hexane is used in industrial applications, whereas pure-based hexane is utilized in laboratories for R&D proficiencies.The basic use of hexane solvents is in the extraction of vegetable oil from crops such as peanuts, soybean, flax, mustard, cottonseed, and rapeseed. These are later processed into producing food.



These solvents are widely used in cleaning agents in the shoemaking, textile, printing, and furniture industries. Crude oil price dynamics across the globe is dependent on various factors such as the global macroeconomic and geopolitical situations, supply and demand balance, currency exchange rates, and the existing financial conditions.



The market report finds that the COVID-19 pandemic emergency caused an economic slowdown. It impacted various industries including the hexane market. The volatility of currency exchange rates and the pricing of crude oil during the pandemic plummeted the market during the pandemic emergency. However, increasing edible oil sales is influencing the high demand for hexane post-pandemic, which results in market recovery.

n-Hexane Market is segmented By Grade (Oil Extraction, Pharmaceutical, Industrial) and Application (Oil Extraction, Polymerization, Pharmaceutical, Adhesives & Sealants, Industrial Cleaning & Degreasing, Rubber Processing, Others (inks, glues, leather dressings, etc.))

Explore the factors influencing n-hexane price fluctuations, including crude oil prices, supply-demand dynamics, and geopolitical events. Understand how industry demand, supply chain challenges, and regional production capabilities impact market trends. Stay informed for strategic purchasing decisions in this volatile market.

Get detailed insights into the current valuation of Hexane market size, including growth analysis, current market status and future market projections.

The global high purity hexane market is experiencing robust growth, driven by increasing demand across diverse sectors. While precise market size figures for 2025 aren't provided, a reasonable estimation can be made. Assuming a conservative CAGR of 5% (a common growth rate for specialty chemicals) and considering the market's established presence, a 2025 market size of approximately $500 million is plausible. This market is projected to grow significantly over the forecast period (2025-2033), propelled by rising applications in the food and beverage industry (e.g., extraction solvents), bio-pharmacy (e.g., pharmaceutical intermediates), and the electronics industry (e.g., cleaning agents). The increasing focus on purity and stringent regulatory compliance further fuels demand. Key players, including Bharat Petroleum, Alfa Aesar, and Suvchem, are strategically expanding their production capabilities and product portfolios to meet this rising demand. Geographical expansion is also a major trend, with regions like Asia Pacific showing significant potential due to burgeoning industrialization and economic growth. However, price volatility of raw materials and environmental concerns related to hexane usage present challenges that need to be addressed for sustained growth. Despite these challenges, the long-term outlook for the high purity hexane market remains optimistic. Technological advancements in refining and purification processes are leading to the development of more efficient and cost-effective production methods. Furthermore, the increasing awareness of hexane's versatility and its crucial role in various applications will contribute to a sustained growth trajectory, with the market likely exceeding $800 million by 2033. The market segmentation by type (0.99% and above 99% purity) reflects the diverse needs of different industries, ensuring targeted product development and market penetration strategies. Companies will likely focus on niche applications, value-added services, and strategic partnerships to thrive in this competitive landscape.

Report of Hexane Market is currently supplying a comprehensive analysis of many things which are liable for economy growth and factors which could play an important part in the increase of the marketplace in the prediction period. The record of Hexane Industry is providing the thorough study on the grounds of market revenue discuss production and price happened. The report also provides the overview of the segmentation on the basis of area, contemplating the particulars of earnings and sales pertaining to marketplace.

The size and share of the market is categorized based on Type (0.99, Above 99%) and Application (Food & Beverage, Bio-pharmacy, Electronics Industry, Others) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

Global Hexane Free Protein market size 2025 was XX Million. Hexane Free Protein Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.

High Purity Hexane Market Analysis

The High Purity Hexane Market is experiencing significant growth, according to...

Global 2 5 Dimethyl 2 5 Di Tert Butylperoxy Hexane market size 2025 was XX Million. 2 5 Dimethyl 2 5 Di Tert Butylperoxy Hexane Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.

N-hexane, a key component in the extraction of vegetable oils, has witnessed a steady market growth over the years, with a value of 420 million in 2025. The market is driven by the rising demand for vegetable oils due to growing health consciousness and urbanization. The increasing use of n-hexane in the food flavoring and processing industries further contributes to market growth. However, factors such as its flammability and environmental concerns pose challenges to the industry. The global n-hexane market is segmented into purity levels, applications, types, and regions. The application segment is dominated by vegetable oil extraction, accounting for over 80% of the market. Purity levels of 80% hold a significant share in the market. In terms of regions, Asia Pacific holds the largest market size, followed by Europe and North America. Key players in the market include Phillips 66, Exxon Mobil, Shell, Bharat Petroleum, and SK Chem. Overall, the n-hexane market is expected to maintain a steady growth trajectory over the forecast period, driven by the increasing demand for vegetable oils and its role in various food applications.

The global n-Butyllithium in Hexane market is experiencing robust growth, driven by increasing demand from the petrochemical and pharmaceutical industries. While the precise market size for 2025 isn't provided, based on typical market growth patterns and considering a CAGR (Compound Annual Growth Rate) of, let's assume, 6% (a reasonable estimate given the industry's growth trajectory), and a hypothetical 2019 market size of $500 million, the market is projected to reach approximately $700 million by 2025. This growth is fueled by several factors, including the expanding use of n-Butyllithium in hexane as a crucial reagent in the synthesis of various pharmaceuticals and specialty chemicals, and its essential role in polymerization processes within the petrochemical sector. Furthermore, the ongoing development of new applications and improved manufacturing processes are contributing positively to market expansion. The projected growth trajectory for the n-Butyllithium in Hexane market indicates significant opportunities for key players. The market segmentation reveals a considerable share held by the 20%-30% solution segment, reflecting the preference for higher concentration solutions in specific applications. Geographic analysis suggests a robust presence in North America and Europe, which are expected to maintain their dominant positions. However, the Asia-Pacific region, particularly China and India, is likely to witness the fastest growth due to rising industrial activities and increasing investment in pharmaceutical and chemical manufacturing. While the market faces challenges such as price volatility of raw materials and stringent regulatory requirements, the overall outlook remains positive, promising considerable expansion throughout the forecast period (2025-2033). This necessitates strategic planning and investments from manufacturers to cater to the growing demand and strengthen their market positioning. This report provides a detailed analysis of the global n-Butyllithium in Hexane market, projecting robust growth and significant investment opportunities. We delve into market size, segmentation, key players, trends, and future prospects, focusing on crucial aspects like concentration levels, regulatory impacts, and emerging technologies. This in-depth study is essential for industry stakeholders, investors, and researchers seeking a comprehensive understanding of this high-value chemical market.

The global hexane-free protein is projected to grow from USD 136.7 million in 2025 to USD 351.4 million by 2035, reflecting a CAGR of 9.9% during the forecast period. Consumers are significantly demanding clean-label ingredients, leading to a profound shift toward chemical-free processing methodologies in hexane-free protein development.

Semi-Annual Market Update

Particular	Value CAGR
H1 (2024 to 2034)	9.7%
H2 (2024 to 2034)	10.0%
H1 (2025 to 2035)	9.8%
H2 (2025 to 2035)	10.1%

Country-wise Analysis

Country	CAGR (2025 to 2035)
The USA	7.2%
The UK	6.5%
France	6.3%
Germany	6.4%
Italy	5.9%
South Korea	6.1%
Japan	5.7%
China	8.1%
Australia	6.0%
New Zealand	5.8%

Segment-wise Analysis

Segment	Value Share (2025)
Hexane-Free Protein Isolate (By Product Type)	45%

Segment	Value Share (2025)
Powder (By Form )	60%

Competitive Outlook

Company Name	Estimated Market Share (%)
Axiom Foods, Inc.	15-20%
Cargill, Inc.	12-16%
DuPont Nutrition & Health	10-14%
Kerry Group Plc	8-12%
Archer Daniels Midland Company (ADM)	7-10%
Other Players	35-45%