Report Detail
Global Hexanoic Acid Market Growth 2019-2024
- RnM2925004 |
- 11 February, 2019 |
- Global |
- 135 Pages |
- LPI(LP Information) |
- Other
Hexanoic acid (caproic acid) is a short chain fatty acid, which is found in various plant oils including palm oil and coconut oil, and animal fats such as cow and goat milk.
The primary use of hexanoic acid is in the manufacture of its esters for artificial flavors, and in the manufacture of hexyl derivatives, such as hexylphenols.
During all applications, flavoring and perfuming agent is the largest consumption field which consumed 4319 MT in 2017.
Major raw material of hexanoic acid is palm oil. So, major production bases are in Malaysia and Indonesia. Global major suppliers include KLK OLEO, Pacific Oleochemicals, Oleon, Ecogreen Oleochemicals, Musim Mas Holdings, Hebei Kezheng, Zhengzhou YiBang and IOI Oleochemical. KLK OLEO is market leader in this industry with sales of 1672 MT in 2017.
Major consumption regions of hexanoic acid are China, North America, Europe and Southeast Asia. Europe is the largest consumption region which consumed 3229 MT in 2017. Southeast Asia and China separately is the second and third largest consumption region.
During past five years, global consumption increased from 8633 MT in 2013 to 10036 MT in 2017, with CAGR of 3.84%. Due to raw material price increase, global average Hexanoic Acid price also increase from 2017.
In the future, driven by increasing downstream demand, global consumption will continue to increase at a CAGR of 3.23% during 2019-2024. By 2024, global sales will be 12456 MT.
According to this study, over the next five years the Hexanoic Acid market will register a 2.9% CAGR in terms of revenue, the global market size will reach US$ 45 million by 2024, from US$ 38 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Hexanoic Acid business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Hexanoic Acid market by product type, application, key manufacturers and key regions and countries.
This study considers the Hexanoic Acid value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
0.98
0.99
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Flavoring and Perfuming Agent
Metal Working Fluid
Daily Chemicals
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
KLK OLEO
Pacific Oleochemicals
Oleon
Ecogreen Oleochemicals
Musim Mas Holdings
IOI Oleochemical
Hebei Kezheng
Zhengzhou YiBang
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Hexanoic Acid consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Hexanoic Acid market by identifying its various subsegments.
Focuses on the key global Hexanoic Acid manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Hexanoic Acid with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Hexanoic Acid submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Contents
2019-2024 Global Hexanoic Acid Consumption Market Report
1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Research Objectives
- 1.3 Years Considered
- 1.4 Market Research Methodology
- 1.5 Economic Indicators
- 1.6 Currency Considered
2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global Hexanoic Acid Consumption 2014-2024
- 2.1.2 Hexanoic Acid Consumption CAGR by Region
- 2.2 Hexanoic Acid Segment by Type
- 2.2.1 0.98
- 2.2.2 0.99
- 2.3 Hexanoic Acid Consumption by Type
- 2.3.1 Global Hexanoic Acid Consumption Market Share by Type (2014-2019)
- 2.3.2 Global Hexanoic Acid Revenue and Market Share by Type (2014-2019)
- 2.3.3 Global Hexanoic Acid Sale Price by Type (2014-2019)
- 2.4 Hexanoic Acid Segment by Application
- 2.4.1 Flavoring and Perfuming Agent
- 2.4.2 Metal Working Fluid
- 2.4.3 Daily Chemicals
- 2.4.4 Others
- 2.5 Hexanoic Acid Consumption by Application
- 2.5.1 Global Hexanoic Acid Consumption Market Share by Application (2014-2019)
- 2.5.2 Global Hexanoic Acid Value and Market Share by Application (2014-2019)
- 2.5.3 Global Hexanoic Acid Sale Price by Application (2014-2019)
3 Global Hexanoic Acid by Players
- 3.1 Global Hexanoic Acid Sales Market Share by Players
- 3.1.1 Global Hexanoic Acid Sales by Players (2017-2019)
- 3.1.2 Global Hexanoic Acid Sales Market Share by Players (2017-2019)
- 3.2 Global Hexanoic Acid Revenue Market Share by Players
- 3.2.1 Global Hexanoic Acid Revenue by Players (2017-2019)
- 3.2.2 Global Hexanoic Acid Revenue Market Share by Players (2017-2019)
- 3.3 Global Hexanoic Acid Sale Price by Players
- 3.4 Global Hexanoic Acid Manufacturing Base Distribution, Sales Area, Product Types by Players
- 3.4.1 Global Hexanoic Acid Manufacturing Base Distribution and Sales Area by Players
- 3.4.2 Players Hexanoic Acid Products Offered
- 3.5 Market Concentration Rate Analysis
- 3.5.1 Competition Landscape Analysis
- 3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
- 3.6 New Products and Potential Entrants
- 3.7 Mergers & Acquisitions, Expansion
4 Hexanoic Acid by Regions
- 4.1 Hexanoic Acid by Regions
- 4.1.1 Global Hexanoic Acid Consumption by Regions
- 4.1.2 Global Hexanoic Acid Value by Regions
- 4.2 Americas Hexanoic Acid Consumption Growth
- 4.3 APAC Hexanoic Acid Consumption Growth
- 4.4 Europe Hexanoic Acid Consumption Growth
- 4.5 Middle East & Africa Hexanoic Acid Consumption Growth
5 Americas
- 5.1 Americas Hexanoic Acid Consumption by Countries
- 5.1.1 Americas Hexanoic Acid Consumption by Countries (2014-2019)
- 5.1.2 Americas Hexanoic Acid Value by Countries (2014-2019)
- 5.2 Americas Hexanoic Acid Consumption by Type
- 5.3 Americas Hexanoic Acid Consumption by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Key Economic Indicators of Few Americas Countries
6 APAC
- 6.1 APAC Hexanoic Acid Consumption by Countries
- 6.1.1 APAC Hexanoic Acid Consumption by Countries (2014-2019)
- 6.1.2 APAC Hexanoic Acid Value by Countries (2014-2019)
- 6.2 APAC Hexanoic Acid Consumption by Type
- 6.3 APAC Hexanoic Acid Consumption by Application
- 6.4 China
- 6.5 Japan
- 6.6 Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 Key Economic Indicators of Few APAC Countries
7 Europe
- 7.1 Europe Hexanoic Acid by Countries
- 7.1.1 Europe Hexanoic Acid Consumption by Countries (2014-2019)
- 7.1.2 Europe Hexanoic Acid Value by Countries (2014-2019)
- 7.2 Europe Hexanoic Acid Consumption by Type
- 7.3 Europe Hexanoic Acid Consumption by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 7.9 Spain
- 7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
- 8.1 Middle East & Africa Hexanoic Acid by Countries
- 8.1.1 Middle East & Africa Hexanoic Acid Consumption by Countries (2014-2019)
- 8.1.2 Middle East & Africa Hexanoic Acid Value by Countries (2014-2019)
- 8.2 Middle East & Africa Hexanoic Acid Consumption by Type
- 8.3 Middle East & Africa Hexanoic Acid Consumption by Application
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers and Impact
- 9.1.1 Growing Demand from Key Regions
- 9.1.2 Growing Demand from Key Applications and Potential Industries
- 9.2 Market Challenges and Impact
- 9.3 Market Trends
10 Marketing, Distributors and Customer
- 10.1 Sales Channel
- 10.1.1 Direct Channels
- 10.1.2 Indirect Channels
- 10.2 Hexanoic Acid Distributors
- 10.3 Hexanoic Acid Customer
11 Global Hexanoic Acid Market Forecast
- 11.1 Global Hexanoic Acid Consumption Forecast (2019-2024)
- 11.2 Global Hexanoic Acid Forecast by Regions
- 11.2.1 Global Hexanoic Acid Forecast by Regions (2019-2024)
- 11.2.2 Global Hexanoic Acid Value Forecast by Regions (2019-2024)
- 11.2.3 Americas Consumption Forecast
- 11.2.4 APAC Consumption Forecast
- 11.2.5 Europe Consumption Forecast
- 11.2.6 Middle East & Africa Consumption Forecast
- 11.3 Americas Forecast by Countries
- 11.3.1 United States Market Forecast
- 11.3.2 Canada Market Forecast
- 11.3.3 Mexico Market Forecast
- 11.3.4 Brazil Market Forecast
- 11.4 APAC Forecast by Countries
- 11.4.1 China Market Forecast
- 11.4.2 Japan Market Forecast
- 11.4.3 Korea Market Forecast
- 11.4.4 Southeast Asia Market Forecast
- 11.4.5 India Market Forecast
- 11.4.6 Australia Market Forecast
- 11.5 Europe Forecast by Countries
- 11.5.1 Germany Market Forecast
- 11.5.2 France Market Forecast
- 11.5.3 UK Market Forecast
- 11.5.4 Italy Market Forecast
- 11.5.5 Russia Market Forecast
- 11.5.6 Spain Market Forecast
- 11.6 Middle East & Africa Forecast by Countries
- 11.6.1 Egypt Market Forecast
- 11.6.2 South Africa Market Forecast
- 11.6.3 Israel Market Forecast
- 11.6.4 Turkey Market Forecast
- 11.6.5 GCC Countries Market Forecast
- 11.7 Global Hexanoic Acid Forecast by Type
- 11.8 Global Hexanoic Acid Forecast by Application
12 Key Players Analysis
- 12.1 KLK OLEO
- 12.1.1 Company Details
- 12.1.2 Hexanoic Acid Product Offered
- 12.1.3 KLK OLEO Hexanoic Acid Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.1.4 Main Business Overview
- 12.1.5 KLK OLEO News
- 12.2 Pacific Oleochemicals
- 12.2.1 Company Details
- 12.2.2 Hexanoic Acid Product Offered
- 12.2.3 Pacific Oleochemicals Hexanoic Acid Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.2.4 Main Business Overview
- 12.2.5 Pacific Oleochemicals News
- 12.3 Oleon
- 12.3.1 Company Details
- 12.3.2 Hexanoic Acid Product Offered
- 12.3.3 Oleon Hexanoic Acid Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.3.4 Main Business Overview
- 12.3.5 Oleon News
- 12.4 Ecogreen Oleochemicals
- 12.4.1 Company Details
- 12.4.2 Hexanoic Acid Product Offered
- 12.4.3 Ecogreen Oleochemicals Hexanoic Acid Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.4.4 Main Business Overview
- 12.4.5 Ecogreen Oleochemicals News
- 12.5 Musim Mas Holdings
- 12.5.1 Company Details
- 12.5.2 Hexanoic Acid Product Offered
- 12.5.3 Musim Mas Holdings Hexanoic Acid Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.5.4 Main Business Overview
- 12.5.5 Musim Mas Holdings News
- 12.6 IOI Oleochemical
- 12.6.1 Company Details
- 12.6.2 Hexanoic Acid Product Offered
- 12.6.3 IOI Oleochemical Hexanoic Acid Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.6.4 Main Business Overview
- 12.6.5 IOI Oleochemical News
- 12.7 Hebei Kezheng
- 12.7.1 Company Details
- 12.7.2 Hexanoic Acid Product Offered
- 12.7.3 Hebei Kezheng Hexanoic Acid Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.7.4 Main Business Overview
- 12.7.5 Hebei Kezheng News
- 12.8 Zhengzhou YiBang
- 12.8.1 Company Details
- 12.8.2 Hexanoic Acid Product Offered
- 12.8.3 Zhengzhou YiBang Hexanoic Acid Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.8.4 Main Business Overview
- 12.8.5 Zhengzhou YiBang News
13 Research Findings and Conclusion
Summary:
Get latest Market Research Reports on Hexanoic Acid . Industry analysis & Market Report on Hexanoic Acid is a syndicated market report, published as Global Hexanoic Acid Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Hexanoic Acid market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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