| Product Code: ETC5668101 | 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 |
Lithuania`s hexane import market in 2024 continued to see significant concentration with the top exporters being Russia, Germany, Poland, Belgium, and Latvia. Despite a high Herfindahl-Hirschman Index (HHI) in 2023, the market concentration increased even further in 2024. The compound annual growth rate (CAGR) from 2020 to 2024 was a notable 27.5%, indicating strong overall growth. However, there was a sharp decline in growth rate from 2023 to 2024 at -39.92%, suggesting a potential shift or adjustment in the market dynamics during that period.

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 Lithuania Hexane Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Hexane Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Hexane Market - Industry Life Cycle |
3.4 Lithuania Hexane Market - Porter's Five Forces |
3.5 Lithuania Hexane Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Lithuania Hexane Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Lithuania Hexane Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for hexane as a solvent in various industries such as pharmaceuticals, food processing, and chemical manufacturing. |
4.2.2 Increasing focus on sustainable and eco-friendly solvents driving the demand for bio-based hexane products. |
4.2.3 Expansion of the manufacturing sector in Lithuania leading to higher consumption of hexane in industrial processes. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the overall production cost of hexane. |
4.3.2 Stringent regulations regarding the usage and disposal of hexane due to its environmental impact. |
4.3.3 Competition from alternative solvents and substitutes affecting the market share of hexane products. |
5 Lithuania Hexane Market Trends |
6 Lithuania Hexane Market Segmentations |
6.1 Lithuania Hexane Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Hexane Market Revenues & Volume, By Oil Extraction/Food, 2021-2031F |
6.1.3 Lithuania Hexane Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.1.4 Lithuania Hexane Market Revenues & Volume, By Industrial, 2021-2031F |
6.2 Lithuania Hexane Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Hexane Market Revenues & Volume, By Oil Extraction, 2021-2031F |
6.2.3 Lithuania Hexane Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2.4 Lithuania Hexane Market Revenues & Volume, By Industrial Cleaning , 2021-2031F |
6.2.5 Lithuania Hexane Market Revenues & Volume, By Degreasing, 2021-2031F |
6.2.6 Lithuania Hexane Market Revenues & Volume, By Polymerization, 2021-2031F |
7 Lithuania Hexane Market Import-Export Trade Statistics |
7.1 Lithuania Hexane Market Export to Major Countries |
7.2 Lithuania Hexane Market Imports from Major Countries |
8 Lithuania Hexane Market Key Performance Indicators |
8.1 Percentage increase in the adoption of bio-based hexane products. |
8.2 Number of new applications or industries using hexane as a solvent. |
8.3 Rate of investment in research and development for sustainable hexane production technologies. |
9 Lithuania Hexane Market - Opportunity Assessment |
9.1 Lithuania Hexane Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Lithuania Hexane Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Lithuania Hexane Market - Competitive Landscape |
10.1 Lithuania Hexane Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Hexane Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |