NEWARK, DE / ACCESSWIRE / November 21, 2022 / The global 1-hexene market is expected to reach a valuation of US$ 168.2 Mn in 2032, with the market growing at a moderate CAGR of 5% from the forecast period of 2022 to 2032. Valued at US$ 105.1 Mn in 2021, the target market is expected to reach an estimated US$ 117.9 Mn by the end of 2022. Extensive usage in diverse end-use industries which are experiencing growth will likely drive the growth in the 1-hexene market during the forecast period.
1-Hexene is primarily used in the production of polyethylene in various end-use industries. The rising application of the product in this process will bolster the prospects of the target market. Other major applications of 1-hexene include chemical synthesis, polymer production, as well as the production of perfumes, flavors, and dyes. The target product is largely used in the manufacturing of polyethylene and linear aldehydes. Thus, increasing usage of these organic compounds in the chemical sector is set to foster growth in the 1-hexene market during the projected period.
Request a Sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-9584
Apart from the above usage, 1-hexene also gains application and great commercial value in the polymer industry. The demand generated by the polymer industry will likely fuel growth in the 1-hexene market over the next few years. Moreover, the growing demand for specialty chemicals, easy availability of raw materials, and rising applications of LDPE and HDPE will further aid the growth of the 1-hexene market.
Again, progress in technologies and greater investments in the polymer sector all over the world will drive the expansion of the 1-hexene market size. In addition, extensive usage of 1-hexene in the manufacturing of HDPE and LDPE, rising demand for the product in advancing specialty chemicals industry, increasing applications of the organic compound in agriculture and packaging sectors will stimulate new growth opportunities for chemical organizations which, in turn, will fuel the growth in the 1-hexene market.
"Extensive application in chemicals, industrial, and pharmaceutical industries will likely supplement the global growth of the 1-hexene market over the forecast period," says an FMI analyst.
Key Takeaways:
- Enhancement in the production process of 1-hexene will strengthen market prospects.
- Fluctuation in raw material prices may hamper the 1-hexene market growth.
- Chemical and Industrial sector expansion in India and China will propel the target market growth in the Asia Pacific region.
- Europe's 1-hexene market will be a close second to the Asia Pacific market growth.
Browse Full Report @ https://www.futuremarketinsights.com/ask-question/rep-gb-9584
Competitive Landscape
Sasol, the Linde Group, Chevron Phillips Chemical Company, SABIC, the Dow Chemical Company, Royal Dutch Shell plc, Qatar Chemical Company Ltd (Q-Chem), Idemitsu Kosan Co.Ltd, INEOS, and Nizhnekamskneftekhim among others are some of the major players in the 1-hexene market profiled in the full version of the report.
Leading market players are keen on signing long-term contracts with raw material suppliers to counteract market restraints. These enterprises also employ strategic partnerships and collaborations, contracts and expansion strategies to strengthen their business.
Key Segments Profiled in the 1 -Hexene Market Survey
By Application:
- Polyethylene Production
- Heptanol Production
- Flavors
- Perfumes
- Dyes
- Resins
By End User:
- Paper Industry
- Consumer Goods
- Chemical Industry
- Automotive Industry
- Packaging Industry
- Cosmetics & Pharmaceuticals Industry
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- APEJ
- Japan
- Middle East and Africa
Ask an Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-9584
More Insights into 1-Hexene Market Report
In its latest report, FMI offers an unbiased analysis of the global 1-hexene market, providing historical data from 2015 to 2021 and forecast statistics for 2022 to 2032. To understand the global market potential, growth, and scope, the market is segmented on the basis of application (polyethylene production, heptanol production, flavors, perfumes, dyes, resins), end user (paper industry, consumer goods, chemical industry, automotive industry, packaging industry, cosmetics and pharmaceuticals industry), and region.
According to the latest FMI reports, based on region, the 1-hexene market in the Asia Pacific region is expected to present notable growth during 2022-2032. The target market in this region will avail several lucrative opportunities owing to the advancing industrial and chemicals sectors in China and India. The surging production of 1-hexene in China at low costs coupled with swift industrial growth will further aid the growth of the 1-hexene market in this region.
Apart from Asia Pacific, the 1-hexene market in Europe will also exhibit significant growth during 2022-2032. The target market growth in this region will be a close second to that of Asia Pacific. Rising demand from pharmaceuticals and cosmetics industry will aid the market growth of 1-hexene in this region over the forecast period.
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage/Taxonomy
2.2. Market Definition/Scope/Limitations
3. Market Background To be continued…!
Have a Look at Latest Reports of Chemicals & Materials Domain:
Fine Hydrate Market Share: With sales growing at a healthy 7.2% CAGR, the total volume of fine hydrates sold is expected to reach 951.1 Mn KT by 2031.
Ion Exchange Resins Market Size: According to Future Market Insights, the global ion exchange resins market is estimated to be valued at around US$ 1,486.9 Mn in 2022 and is further projected to progress at a healthy CAGR of 4.9% to reach US$ 2,399.1 Mn by 2032.
Pharmaceutical Solvent Market Trends: The global pharmaceutical solvents market is poised to expand at over 4.40% CAGR, surpassing US$ 3.74 Bn by 2022.
Electroplating Market Outlook: In its new study, ESOMAR-certified market research and consulting firm Future Market Insights (FMI) offers insights about key factors driving demand for electroplating.
Electrical Steel Coatings Market Demand: The global electrical steel coatings market size reached US$ 271 Mn in 2021 and is likely to surpass a valuation of US$ 285 Mn in 2022.
UV Coatings Market Growth: Demand in the global UV coatings market is projected to increase at a healthy 5.2% CAGR between 2021 and 2031.
Fluoropolymer Films Market Type: The global fluoropolymers films market is projected to reach US$ 3,120.3 Mn in 2032.
Metal & Metal Oxide Nanoparticles Market Analysis Forecast: Sales prospects of Metal & Metal Oxide Nanoparticles are expected to expand CAGR of 11.6% and to top a valuation of US$ 89,894.6 Mn by 2032.
Technical Textiles Market Sale: Global sales are expected to rise at 4.7% with shipments reaching nearly 37,872 KT in 2021, following a period tepid growth in 2020.
Textile Colourant Market Value: Sales prospects of textile colorant is expected to witness healthy CAGR of magnitude 5.4% and are expected to top a valuation of US$ 11,590.4 Mn by 2032.
About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
Now avail flexible Research Subscriptions, and access Research multi-format through downloadable data books, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the market intelligence engine from Future Market Insights. Sign Up for a 7 day free trial!
Contact:
Future Market Insights Inc. 
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA 
T: +1-845-579-5705 
For Sales Enquiries: [email protected]   
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
SOURCE: Future Market Insights, Inc.