Introduction
N-Hexyl Chloride also known as 1-Chlorohexane is a colorless liquid with an aromatic odor compound that is used in research and development laboratories. The N-Hexyl Chloride market is expected to foray ahead with a higher single-digit CAGR over the assessment period.
With the increasing demand for textile and fine chemicals, players are expanding the production capacity for the manufacturing of the N-Hexyl Chloride. For instance, in 2019 Shimmer Chemicals Private Limited announced the expansion of the production capacity of various products including N-Hexyl Chloride.
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In 2019, among various applications of the N-Hexyl Chloride flame retardant segment is accounted for holding the maximum share.
Segmentation Analysis of N-Hexyl Chloride Market
The global N-Hexyl Chloride market is bifurcated into four major segments: application, polymer types, end use, and region.
On the basis of application, N-Hexyl Chloride market has been segmented as follows:
- Anti-fouling agent
- Antistatic agent
- Stabilizer
- Tinting agent
- Others
On the basis of end use, N-Hexyl Chloride market has been segmented as follows:
- Pharmaceutical & healthcare
- Plastics
- Others
On the basis of geographic regions, N-Hexyl Chloride market is segmented as
- North America
- Europe
- Latin America
- East Asia
- South Asia and Oceania
- Middle East & Africa
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N-Hexyl Chloride Market: Key Players
Being a moderately fragmented market, players have dominant presence across regions through streamlined distribution networks. Sanmenxia Aoke Chemical Industry Co., Ltd., SHANGHAI TRUSTIN CHEMICAL CO.,LTD, Yangzhou City Prince Pharmaceutical Co., Ltd., Wuxi Orient Detergent Technology Company Limited etc. are amongst the prominent players in n-Hexyl Chloride market accounting for over 63% of the market revenues.
With the increase in investments in chemical manufacturing plants, the demand of the n-hexyl chloride has increased. Considering the fluctuations of import export prices the product is still expected to grow in the market with the strategic initiatives taken by the major players. Also, the increase in the efficiency of the players by setting up new technological infrastructure has set up a trend in the market to eliminate the player with obsolete technologies.
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Asia-Pacific and North America are the leading regions that are holding the major market share for the n-hexyl chloride. As they are leading they maintain their own price structure that hinder the players from the developing regions to enter into the major market.
The N-Hexyl Chloride Market Report Highlights:
- A detailed overview of the parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
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