PUNE, India, August 10, 2018 /PRNewswire/ --
ReportsnReports delivers key insights on the Global Hexanoic Acid market in a new report titled "2018 Global Hexanoic Acid Industry Research Report." The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key trends and business opportunities for the industry.
Global Hexanoic Acid Market Report 2018 statistical surveying furnishes industry outline and examination with 2025 Hexanoic Acid market gauges and additionally organization profile, item picture and determination with limit creation, value, cost, generation esteem and more for real makers. Finish give an account of Hexanoic Acid market spread crosswise over 107 pages, giving examination of 08 noteworthy organizations upheld with 191 tables and figures. Ask discount on this latest research report @ https://www.reportsnreports.com/contacts/discount.aspx?name=1542633
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.
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.
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.
Request a copy of Global Hexanoic Acid Market Report 2018 statistical surveying at https://www.reportsnreports.com/purchase.aspx?name=1542633 .
Organizations profiled in this Hexanoic Acid statistical surveying incorporate are KLK OLEO, Pacific Oleochemicals, Oleon, Ecogreen Oleochemicals, Musim Mas Holdings, IOI Oleochemical, Hebei Kezheng and Zhengzhou YiBang.
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
- North America
- Other Regions (India, Southeast Asia, Central & South America and Middle East & Africa).
This 2018 Hexanoic Acid market report centers around worldwide significant driving industry players giving data, for example, organization profiles, item picture and determination, limit creation, value, cost, generation esteem and contact data. Upstream crude materials and gear and downstream request investigation is additionally completed. The Hexanoic Acid market improvement patterns and advertising channels are dissected. At last the achievability of new venture ventures are surveyed and general research conclusions advertised. With 191 tables and figures the report gives key measurements on the condition of the business and is an important wellspring of direction and bearing for organizations and people intrigued by the Hexanoic Acid market.
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
By Application, the market can be split into
- Flavoring and Perfuming Agent
- Metal Working Fluid
- Daily Chemicals
Some of the tables and figures provided in Global Hexanoic Acid Market Report 2018 research report include:
Table Major Consumers in Others
Figure Market Share of Hexanoic Acid by Regions
Figure North America Hexanoic Acid Market Size (Million USD) (2013-2025)
Figure Europe Hexanoic Acid Market Size (Million USD) (2013-2025)
Figure China Hexanoic Acid Market Size (Million USD) (2013-2025)
Figure Japan Hexanoic Acid Market Size (Million USD) (2013-2025)
Figure Southeast Asia Hexanoic Acid Market Size (Million USD) (2013-2025)
Figure India Hexanoic Acid Market Size (Million USD) (2013-2025)
Table Hexanoic Acid Raw Material and Suppliers
Table Manufacturing Cost Structure Analysis of Hexanoic Acid in 2017
Figure Manufacturing Process Analysis of Hexanoic Acid
Figure Industry Chain Structure of Hexanoic Acid
Table Capacity and Commercial Production Date of Global Hexanoic Acid Major Manufacturers in 2017
Table Manufacturing Plants Distribution of Global Hexanoic Acid Major Manufacturers in 2017
Table R&D Status and Technology Source of Global Hexanoic Acid Major Manufacturers in 2017
Table Raw Materials Sources Analysis of Global Hexanoic Acid Major Manufacturers in 2017
Table Global Capacity, Sales , Price, Cost, Sales Revenue (M USD) and Gross Margin of Hexanoic Acid 2013-2018E
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