How big is the hexane market | Consumer Trends & Market Size 2025

Code: MTA6247 Publication Date: Jul 2025

How big is the Hexane Market?

According to 6Wresearch internal database and industry insights, Global Hexane Market was valued atUSD 2.1 Billion in 2024 and is expected to reachUSD 3 Billion by 2031, growing at acompound annual growth rate of 6.20% during the forecast period of 2025-2031.

The growth of this market is driven by rising demand in food-grade oil extraction, increasing applications in pharmaceuticals and adhesives, and expanding industrial solvents usage across emerging economies.

Key Growth Drivers of the Hexane Market

  • High demand for hexane in edible oil extraction (especially soybean and rice bran)
  • Expanding pharmaceutical and chemical industries
  • Growth in adhesives and sealants sectors
  • Availability of hexane at competitive prices
  • Demand from industrial cleaning and degreasing applications

Hexane Market Trends

The hexane market is experiencing a shift driven by stricter environmental regulations and rising awareness of health risks associated with volatile organic compounds (VOCs). Manufacturers are increasingly investing in the production of low-aromatic or odorless hexane, which is gaining preference in food-grade and pharmaceutical applications due to its safer profile. The trend toward sustainability is pushing companies to explore and adopt green solvent alternatives where possible. Additionally, technological advancements in oil extraction techniques are improving hexane efficiency and minimizing losses, further supporting market demand.

Emerging Developments in the Hexane Market

The hexane market is experiencing remarkable changes in the manufacturing system, sustainability and regulatory system. Makers are working on the innovative processes in order to manufacture high purity hexane with reduced aromaticity particularly in both food and medication commodities. Green chemistry movements are promoting the study of bio-based hexane alternatives substituted by renewable resources such bio mass and agricultural waste, which might limit the reliance on petroleum-based sources. This is triggering several chemical companies to invest in the upgrading of their refining infrastructures to meet the requirements of the environmental and safety regulations, especially due to air pollution and exposure in workplaces.

Major Companies in the Hexane Market

  • ExxonMobil Corporation
  • Royal Dutch Shell plc
  • Bharat Petroleum Corporation Limited (BPCL)
  • DHC Solvent Chemie GmbH
  • Rompetrol Rafinare
  • Jun Yuan Petroleum Group
  • Indian Oil Corporation Ltd
  • GFS Chemicals Inc.
  • Liaoyang Yufeng Chemical Co., Ltd.
  • Jining Jianbang Chemical Co., Ltd.

How big is the hexane market : FAQs

The hexane market was valued at USD 2.1 billion in 2024 and is projected to reach USD 3 billion by 2031.
The market is expected to grow at a CAGR of 6.20% during 2025–2031.
Edible oil processing, pharmaceuticals, adhesives, leather, and industrial cleaning.
Food-grade hexane, polymer-grade hexane, and industrial-grade hexane.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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