| Product Code: ETC5668074 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Estonia continued to rely heavily on imports of hexane, with top suppliers being Russia, Poland, Hungary, Latvia, and Germany. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) for hexane imports from 2020 to 2024 plummeted by -46.05%, while the growth rate in 2024 alone decreased by -25.95%. These trends suggest a challenging market environment for hexane importers in Estonia, possibly influenced by factors such as fluctuating demand or competitive pressures from domestic sources.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Estonia Hexane Market Overview |
3.1 Estonia Country Macro Economic Indicators |
3.2 Estonia Hexane Market Revenues & Volume, 2021 & 2031F |
3.3 Estonia Hexane Market - Industry Life Cycle |
3.4 Estonia Hexane Market - Porter's Five Forces |
3.5 Estonia Hexane Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Estonia Hexane Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Estonia Hexane Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for hexane as a solvent in various industries such as pharmaceuticals, food processing, and cosmetics. |
4.2.2 Growing use of hexane in the extraction of vegetable oils, particularly for biofuels and biodiesel production. |
4.2.3 Rising investments in research and development activities to enhance hexane production processes and explore new applications. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in hexane production, such as crude oil and natural gas. |
4.3.2 Stringent regulations related to environmental concerns and worker safety in the handling and disposal of hexane. |
4.3.3 Competition from alternative solvents and extraction methods that offer more sustainable and environmentally friendly solutions. |
5 Estonia Hexane Market Trends |
6 Estonia Hexane Market Segmentations |
6.1 Estonia Hexane Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Estonia Hexane Market Revenues & Volume, By Oil Extraction/Food, 2021-2031F |
6.1.3 Estonia Hexane Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.1.4 Estonia Hexane Market Revenues & Volume, By Industrial, 2021-2031F |
6.2 Estonia Hexane Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Estonia Hexane Market Revenues & Volume, By Oil Extraction, 2021-2031F |
6.2.3 Estonia Hexane Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2.4 Estonia Hexane Market Revenues & Volume, By Industrial Cleaning , 2021-2031F |
6.2.5 Estonia Hexane Market Revenues & Volume, By Degreasing, 2021-2031F |
6.2.6 Estonia Hexane Market Revenues & Volume, By Polymerization, 2021-2031F |
7 Estonia Hexane Market Import-Export Trade Statistics |
7.1 Estonia Hexane Market Export to Major Countries |
7.2 Estonia Hexane Market Imports from Major Countries |
8 Estonia Hexane Market Key Performance Indicators |
8.1 Percentage of hexane production capacity utilization in Estonia. |
8.2 Number of research collaborations or partnerships aimed at improving hexane production efficiency. |
8.3 Rate of adoption of hexane extraction processes in emerging industries or applications. |
8.4 Level of compliance with environmental and safety regulations in the hexane industry. |
8.5 Investment trends in infrastructure and technology upgrades for hexane production in Estonia. |
9 Estonia Hexane Market - Opportunity Assessment |
9.1 Estonia Hexane Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Estonia Hexane Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Estonia Hexane Market - Competitive Landscape |
10.1 Estonia Hexane Market Revenue Share, By Companies, 2024 |
10.2 Estonia Hexane Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |