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(IT-NEWSWIRE.COM, July 06, 2018 ) The global Hexanoic Acid market is valued at 38 million US$ in 2017 and will reach 47 million US$ by the end of 2025, growing at a CAGR of 2.7% during 2018-2025.
During all applications, flavoring and perfuming agent is the largest consumption field which consumed 4319 MT in 2017.
Major raw material of hexanoic acid is palm oil. So, major production bases are in Malaysia and Indonesia. Global major suppliers include KLK OLEO, Pacific Oleochemicals, Oleon, Ecogreen Oleochemicals, Musim Mas Holdings, Hebei Kezheng, Zhengzhou YiBang and IOI Oleochemical. KLK OLEO is market leader in this industry with sales of 1672 MT in 2017.
Major consumption regions of hexanoic acid are China, North America, Europe and Southeast Asia. Europe is the largest consumption region which consumed 3229 MT in 2017. Southeast Asia and China separately is the second and third largest consumption region.
During past five years, global consumption increased from 8633 MT in 2013 to 10036 MT in 2017, with CAGR of 3.84%. Due to raw material price increase, global average Hexanoic Acid price also increase from 2017.
In the future, driven by increasing downstream demand, global consumption will continue to increase at a CAGR of 3.23% during 2019-2024. By 2024, global sales will be 12456 MT.
Access this report at: https://www.themarketreports.com/report/global-hexanoic-acid-market-research-report-2018
Companies profiled in this report are Klk Oleo, Pacific Oleochemicals, Oleon, Ecogreen Oleochemicals, Musim Mas Holdings, Ioi Oleochemical, Hebei Kezheng, Zhengzhou Yibang and more.
Analysis by Product Types, with production, revenue, price, market share and growth rate of each type, can be divided into
• 0.98
• 0.99
Analysis by Applications, this report focuses on consumption, market share and growth rate of Hexanoic Acid in each application, can be divided into
• Flavoring and Perfuming Agent
• Metal Working Fluid
• Daily Chemicals
• Others
Purchase this premium research report at: https://www.themarketreports.com/report/buy-now/1102772
Table of Contents:
1 Hexanoic Acid Market Overview
2 Global Hexanoic Acid Market Competition by Manufacturers
3 Global Hexanoic Acid Capacity, Production, Revenue (Value) by Regions (2013-2018)
4 Global Hexanoic Acid Supply (Production), Consumption, Export, Import by Regions (2013-2018)
5 Global Hexanoic Acid Production, Revenue (Value), Price Trend by Types
6 Global Hexanoic Acid Market Analysis by Applications
7 Global Hexanoic Acid Manufacturers Profiles/Analysis
8 Hexanoic Acid Manufacturing Cost Analysis
9 Industrial Chain, Sourcing Strategy and Downstream Buyers
10 Marketing Strategy Analysis, Distributors/Traders
11 Market Effect Factors Analysis
12 Global Hexanoic Acid Market Forecast (2018-2025)
13 Research Findings and Conclusion
14 Appendix
Inquire more about this report at: https://www.themarketreports.com/report/ask-your-query/1102772
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Source: EmailWire.Com 
Source: EmailWire.com
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