| Product Code: ETC12776733 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The hexene import market in Nigeria continues to show strong growth, with a high Herfindahl-Hirschman Index (HHI) indicating significant concentration among top exporting countries. In 2024, Singapore, Romania, India, China, and the USA emerged as key suppliers to Nigeria. The impressive compound annual growth rate (CAGR) of 107.59% from 2020 to 2024 underscores the increasing demand for hexene in the Nigerian market. Notably, the growth rate spiked to 128.91% in 2024, indicating a surge in import volumes and highlighting the evolving dynamics of the industry.

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 Nigeria Hexene Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Hexene Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Hexene Market - Industry Life Cycle |
3.4 Nigeria Hexene Market - Porter's Five Forces |
3.5 Nigeria Hexene Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Nigeria Hexene Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Nigeria Hexene Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Nigeria Hexene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for polyethylene, which is a key application of hexene, in various industries such as packaging, automotive, and construction. |
4.2.2 Growth in the petrochemical industry in Nigeria, driving the production and consumption of hexene. |
4.2.3 Favorable government policies and initiatives supporting the chemical industry and promoting local manufacturing. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as ethylene, which can impact the production cost of hexene. |
4.3.2 Competition from imported hexene products, which may affect the market share of locally produced hexene. |
4.3.3 Regulatory challenges and compliance requirements affecting the production and distribution of hexene in Nigeria. |
5 Nigeria Hexene Market Trends |
6 Nigeria Hexene Market, By Types |
6.1 Nigeria Hexene Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Hexene Market Revenues & Volume, By Grade, 2021 - 2031F |
6.1.3 Nigeria Hexene Market Revenues & Volume, By Polymer-Grade, 2021 - 2031F |
6.1.4 Nigeria Hexene Market Revenues & Volume, By Industrial-Grade, 2021 - 2031F |
6.2 Nigeria Hexene Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Hexene Market Revenues & Volume, By Plastics Manufacturing, 2021 - 2031F |
6.2.3 Nigeria Hexene Market Revenues & Volume, By Lubricants, 2021 - 2031F |
6.2.4 Nigeria Hexene Market Revenues & Volume, By Chemical Intermediates, 2021 - 2031F |
6.3 Nigeria Hexene Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Hexene Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3.3 Nigeria Hexene Market Revenues & Volume, By Packaging, 2021 - 2031F |
6.3.4 Nigeria Hexene Market Revenues & Volume, By Pharmaceuticals, 2021 - 2031F |
7 Nigeria Hexene Market Import-Export Trade Statistics |
7.1 Nigeria Hexene Market Export to Major Countries |
7.2 Nigeria Hexene Market Imports from Major Countries |
8 Nigeria Hexene Market Key Performance Indicators |
8.1 Capacity utilization rate of hexene production facilities in Nigeria. |
8.2 Percentage of hexene production used in domestic manufacturing. |
8.3 Adoption rate of innovative hexene-based products in key industries. |
8.4 Investment in research and development for hexene applications. |
8.5 Environmental sustainability metrics related to hexene production processes. |
9 Nigeria Hexene Market - Opportunity Assessment |
9.1 Nigeria Hexene Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Nigeria Hexene Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Nigeria Hexene Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Nigeria Hexene Market - Competitive Landscape |
10.1 Nigeria Hexene Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Hexene Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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