Global Hexanoic Acid Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Hexanoic Acid Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Hexanoic acid (caproic acid) is a short chain fatty acid, which is found in various plant oils including palm oil and coconut oil, and animal fats such as cow and goat milk. The primary use of hexanoic acid is in the manufacture of its esters for artificial flavors, and in the manufacture of hexyl derivatives, such as hexylphenols.

According to our (Global Info Research) latest study, the global Hexanoic Acid market size was valued at US$ 44.5 million in 2023 and is forecast to a readjusted size of USD 53.3 million by 2030 with a CAGR of 2.6% during review period.

Global Hexanoic Acid key players include KLK OLEO, Pacific Oleochemicals, IOI Oleochemical, Hebei Kezheng, Musim Mas Holdings, etc. Global top five manufacturers hold a share about 65%. Europe is the largest market, with a share about 30%, followed by Southeast Asia, with a share about 25 percent. In terms of product, 98% Type is the largest segment, with a share about 70%. And in terms of application, the largest application is Flavoring and Perfuming Agent, followed by Daily Chemicals, Metal Working Fluid, etc.

This report is a detailed and comprehensive analysis for global Hexanoic Acid market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Hexanoic Acid market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2019-2030

Global Hexanoic Acid market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2019-2030

Global Hexanoic Acid market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2019-2030

Global Hexanoic Acid market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (USD/MT), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Hexanoic Acid

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Hexanoic Acid market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include KLK OLEO, Pacific Oleochemicals, Oleon, Ecogreen Oleochemicals, Musim Mas Holdings, IOI Oleochemical, Hebei Kezheng, Zhengzhou YiBang, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Hexanoic Acid market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
0.98
0.99

Market segment by Application
Flavoring and Perfuming Agent
Metal Working Fluid
Daily Chemicals
Others

Major players covered
KLK OLEO
Pacific Oleochemicals
Oleon
Ecogreen Oleochemicals
Musim Mas Holdings
IOI Oleochemical
Hebei Kezheng
Zhengzhou YiBang

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Hexanoic Acid product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Hexanoic Acid, with price, sales quantity, revenue, and global market share of Hexanoic Acid from 2019 to 2024.

Chapter 3, the Hexanoic Acid competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Hexanoic Acid breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Hexanoic Acid market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Hexanoic Acid.

Chapter 14 and 15, to describe Hexanoic Acid sales channel, distributors, customers, research findings and conclusion.