Hexylene Glycol Market: Key Players, Applications, Outlook, SWOT Analysis And Forecasts By 2029

 The global hexylene glycol market was valued at around US$ 187 Million in 2021, with a market volume of 73,590 tons. Hexylene glycol is witnessing high demand in the personal care and cosmetics industry since it is used as a surfactant, emulsifier, and viscosity-reducing agent in several products.

Moreover, the growing utilization of hexylene glycol as a direct solvent in paints & coatings, household and industrial cleaners, etc., is expected to pave the way for decent sales during the forecast period (2022-2029).

“Low evaporation rate and complete miscibility with water make hexylene glycol an excellent solvent. As a result, its application across several end-use industries is projected to rise, driving market growth over the forecast period.”

Download a Sample to Obtain Additional Highlights and Key Points on Various Market Segments and Their Impact in the Coming Years! https://www.futuremarketinsights.com/reports/sample/rep-gb-5703

Hexylene Glycol Market: Competitive Landscape

The hexylene glycol market is fairly consolidated. Global players such as BASF SE, Solvay SA, Dow DuPont, and Lonza Group have invested strategically in the hexylene glycol market in the recent past, which suggests that major manufacturers are keeping tabs on the market, as it holds a lot of potential in the coming future.

Research & development, coupled with the expansion of production capacity and footprint, remains the key strategy being followed by hexylene manufacturers to enhance productivity and capture new market opportunities.

Hexylene Glycol Market by Category

By Grade :

  • Pharmaceuticals
  • Industrial

By End-use :

  • Construction
    • Adhesives
    • Concrete Additives
  • Drug
    • Pharma Excipients
    • Formulating Agent
  • Paints & Coatings
  • Chemicals
  • Oil & Gas
  • Leather & Textile
  • Others

By Application :

  • Solvent
  • Chemical Intermediate
  • Antifreeze
  • Others

North America Holds Noteworthy Share

North America is anticipated to hold a prominent share of the global hexylene glycol market, owing to increasing demand from the paints & coatings industry. Another key factor driving the growth of the hexylene market in North America is the focus of manufacturers on the customization of products as per specific applications. Hexylene glycol is also prominently used as an antifreeze agent in North America, which is bolstering its sales in the region.

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