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N-Hexyl alcohol, also known as 1-Hexanol, is organic compound with 6 carbon chain and condensed structural formula. Chemically it is written as CH3(CH2)5OH. It is a colorless liquid sparingly soluble in water but soluble in ethanol and diethyl ether. It is highly employed in making perfumes. Commercially, it is manufactured by the process of oligomerization of ethylene using triethylaluminum further followed by oxidation of the alkyl aluminum products.
Increasing expenditure of consumers on lifestyle coupled with awareness regarding personal hygiene and care has surge the demand for personal care products. Increasing demand for products such as shampoo, body lotion, perfumes, creams and other products is in turn driving demand for n-hexyl alcohol which is used for fragrance in these products. Additionally, strong demand from pharmaceutical sector is likely to boost market growth.
However, there are various alternatives available in market such as n-decanol, n-Octanol, n-undecanol, and n-nonanol is expected to hinder market growth.
Key Market Driver -
Increasing demand for personal care products.
Key Market Restraint -
Availability of alternatives
Based on application, market is segmented into plasticizer precursor, chemical intermediate, odor agent, inert ingredient, lubricant additive, and others. Based on end-use the market is segmented into chemical, Food & beverages, personal care, pharmaceuticals,
From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The global N-Hexyl alcohol market consists of global & regional players operating. Some of the key players in the market include ShanDong Fine Chemical Co., Sasol, Alfa Aesa, Yancheng Hongtai Bioengineering, Ecogreen Oleochemicals, Penta International, and others.
The market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia pacific is expected to hold largest share in market attributed to the increasing demand for personal care products. North America is expected to show significant growth attributed to the growing pharmaceutical industry Europe is expected to show considerable growth attributed to increasing demand for personal care product. Latin America and Middle East & Africa shall exhibit sluggish growth by the end of forecast period.
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