| Product Code: ETC4486709 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
Indonesia`s import trend for the hexane market experienced a decline from 2023 to 2024, with a growth rate of -8.78% during that period. The compound annual growth rate (CAGR) for imports from 2020 to 2024 stood at -2.7%. This downturn could be attributed to shifting demand dynamics or changes in market conditions impacting import momentum.
Hexane, a widely used solvent in various industries, has seen consistent demand in Indonesia. It is primarily used in the extraction of oils from seeds and plants and as a cleaning agent in the food processing and pharmaceutical industries. The market for hexane is buoyed by the expanding food and pharmaceutical sectors, as well as the growth of oilseed crops. This versatile solvent`s usage extends to diverse applications, and its demand is poised to grow in line with the country`s industrial and agricultural development.
The Indonesia hexane market is largely influenced by the country`s palm oil industry. Hexane is used as a solvent in the extraction of palm oil from the fruit, and since Indonesia is one of the world`s leading producers of palm oil, there is a steady demand for hexane in this context. The growth of the food processing industry and the expanding use of palm oil in various products drive the hexane market. Furthermore, Indonesia`s palm oil sector is a significant contributor to the country`s economy, and the demand for hexane is closely tied to its success.
The Indonesia Hexane market encounters challenges related to fluctuating feedstock prices and ensuring a stable supply chain. Additionally, stringent environmental regulations and safety concerns associated with hexane production and usage present significant hurdles. Balancing cost considerations with compliance requirements is a key challenge.
The hexane market in Indonesia experienced disruptions during the COVID-19 pandemic, as it is closely tied to the oil and gas industry. Reduced industrial activities and global oil price fluctuations affected the demand for hexane. The market is expected to gradually recover as economic activities rebound.
PT Tridaya Energy, a subsidiary of PT Pertamina, is a major player in the hexane market. Hexane is used in various industries, including food processing, and this company is a key supplier of this solvent.
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 Indonesia Hexane Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Hexane Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Hexane Market - Industry Life Cycle |
3.4 Indonesia Hexane Market - Porter's Five Forces |
3.5 Indonesia Hexane Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Indonesia Hexane Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Indonesia Hexane Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the chemical industry in Indonesia |
4.2.2 Increasing demand for hexane in food processing and pharmaceutical industries |
4.2.3 Rise in the production of vegetable oils in Indonesia |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials |
4.3.2 Environmental concerns related to hexane production and usage |
4.3.3 Competition from alternative solvents in the market |
5 Indonesia Hexane Market Trends |
6 Indonesia Hexane Market, By Types |
6.1 Indonesia Hexane Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Hexane Market Revenues & Volume, By Grade, 2021-2031F |
6.1.3 Indonesia Hexane Market Revenues & Volume, By Oil Extraction/Food, 2021-2031F |
6.1.4 Indonesia Hexane Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.1.5 Indonesia Hexane Market Revenues & Volume, By Industrial, 2021-2031F |
6.2 Indonesia Hexane Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Hexane Market Revenues & Volume, By Oil Extraction, 2021-2031F |
6.2.3 Indonesia Hexane Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2.4 Indonesia Hexane Market Revenues & Volume, By Industrial Cleaning , 2021-2031F |
6.2.5 Indonesia Hexane Market Revenues & Volume, By Degreasing, 2021-2031F |
6.2.6 Indonesia Hexane Market Revenues & Volume, By Polymerization, 2021-2031F |
7 Indonesia Hexane Market Import-Export Trade Statistics |
7.1 Indonesia Hexane Market Export to Major Countries |
7.2 Indonesia Hexane Market Imports from Major Countries |
8 Indonesia Hexane Market Key Performance Indicators |
8.1 Average selling price of hexane in Indonesia |
8.2 Number of new product launches using hexane in various industries |
8.3 Percentage of hexane imports compared to domestic production |
8.4 Capacity utilization rate of hexane production facilities in Indonesia |
8.5 Investment in research and development for hexane applications |
9 Indonesia Hexane Market - Opportunity Assessment |
9.1 Indonesia Hexane Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Indonesia Hexane Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Indonesia Hexane Market - Competitive Landscape |
10.1 Indonesia Hexane Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Hexane Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |