| Product Code: ETC8846296 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Philippines continued to witness a significant inflow of n-hexane imports, with top exporters being South Korea, Thailand, China, USA, and Singapore. The market exhibited high concentration levels, as indicated by the high HHI. The compound annual growth rate (CAGR) for the period 2020-2024 stood at an impressive 19.11%, showcasing sustained growth momentum. Furthermore, the growth rate from 2023 to 2024 was recorded at 10.67%, reflecting a promising outlook for the n-hexane import market in the Philippines.

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 Philippines N-Hexane Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines N-Hexane Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines N-Hexane Market - Industry Life Cycle |
3.4 Philippines N-Hexane Market - Porter's Five Forces |
3.5 Philippines N-Hexane Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines N-Hexane Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for n-hexane in the pharmaceutical industry for solvent extraction and purification processes |
4.2.2 Growth in the petrochemical industry driving the demand for n-hexane as a solvent for polymer production |
4.2.3 Rising adoption of n-hexane in the food processing industry for oil extraction purposes |
4.3 Market Restraints |
4.3.1 Volatility in crude oil prices impacting the production cost of n-hexane |
4.3.2 Stringent environmental regulations regarding the use and disposal of n-hexane |
4.3.3 Competition from alternative solvents impacting the market growth of n-hexane |
5 Philippines N-Hexane Market Trends |
6 Philippines N-Hexane Market, By Types |
6.1 Philippines N-Hexane Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Philippines N-Hexane Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Philippines N-Hexane Market Revenues & Volume, By Edible Oil Extraction, 2021- 2031F |
6.1.4 Philippines N-Hexane Market Revenues & Volume, By Healthcare, 2021- 2031F |
6.1.5 Philippines N-Hexane Market Revenues & Volume, By Industrial Solvent, 2021- 2031F |
6.1.6 Philippines N-Hexane Market Revenues & Volume, By Adhesive Formulation, 2021- 2031F |
6.1.7 Philippines N-Hexane Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines N-Hexane Market Import-Export Trade Statistics |
7.1 Philippines N-Hexane Market Export to Major Countries |
7.2 Philippines N-Hexane Market Imports from Major Countries |
8 Philippines N-Hexane Market Key Performance Indicators |
8.1 Average selling price of n-hexane in the Philippines market |
8.2 Number of new applications or industries adopting n-hexane as a solvent |
8.3 Percentage increase in the import/export of n-hexane in the Philippines market |
9 Philippines N-Hexane Market - Opportunity Assessment |
9.1 Philippines N-Hexane Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines N-Hexane Market - Competitive Landscape |
10.1 Philippines N-Hexane Market Revenue Share, By Companies, 2024 |
10.2 Philippines N-Hexane 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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