Global Hexanoic Acid Market Growth 2025-2031

The global Hexanoic Acid market size is predicted to grow from US$ 43.3 million in 2025 to US$ 51.1 million in 2031; it is expected to grow at a CAGR of 2.8% from 2025 to 2031.

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.

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.

LP Information, Inc. (LPI) ' newest research report, the “Hexanoic Acid Industry Forecast” looks at past sales and reviews total world Hexanoic Acid sales in 2024, providing a comprehensive analysis by region and market sector of projected Hexanoic Acid sales for 2025 through 2031. With Hexanoic Acid sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hexanoic Acid industry.

This Insight Report provides a comprehensive analysis of the global Hexanoic Acid landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hexanoic Acid portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Hexanoic Acid market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hexanoic Acid and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hexanoic Acid.

This report presents a comprehensive overview, market shares, and growth opportunities of Hexanoic Acid market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
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Segmentation by Application:
Flavoring and Perfuming Agent
Metal Working Fluid
Daily Chemicals
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
KLK OLEO
Pacific Oleochemicals
Oleon
Ecogreen Oleochemicals
Musim Mas Holdings
IOI Oleochemical
Hebei Kezheng
Zhengzhou YiBang

Key Questions Addressed in this Report

What is the 10-year outlook for the global Hexanoic Acid market?

What factors are driving Hexanoic Acid market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Hexanoic Acid market opportunities vary by end market size?

How does Hexanoic Acid break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.