According to the ChemAnalyst report, “Global n heptane Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End User Industries, Sales Channel, Region, Company Share, 2015-2035”, The n Heptane market is likely to experience a significant increase by reaching 300 thousand tonnes in 2035, at a CAGR of 4% in the upcoming years. The demand for n Heptane is expected to increase because of the rising demand from end-use industries such as Solvent, Pharmaceuticals, and electronics industry.
As of 2021, the production capacity of n Heptane is approximately 180 thousand tonnes. N Heptane being highly soluble with ether and chloroform, it is used in medicine, electronics, reagent, cleaning, pesticides, etc. Higher octane number of n-heptane is used for making cosmetics. Moreover, globally, the rise in demand for n Heptane is probably due to the inherent properties it possesses and being of the preferred chemical as a solvent.
The n Heptane market is segmented based on end-use, sales channel, and region. Due to its increasing applications as solvent in multiple industries is expected to drive the demand in coming years.
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The n Heptane market is divided into industries including solvent, pharmaceuticals, electronics, and others based on end applications. The global n-Heptane market is dominated by the solvent industry. Due of the increasing demand, it is projected to continue to be the most important end-user industry over the projection period.
The Asia Pacific is the leading consumer of n Heptane among all other regions, and this anticipates that it will continue to maintain the dominance during the forecast period as well. Due to the growing demand for n Heptane in the Solvent industry, this demand is expected to rise further. Currently, China is the leading producer of n Heptane.
“Global n Heptane Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Distribution Channel, Region, Company Share, 2015-2035”, the significant players functional in the Calcium Carbonate market include Global n Heptane are Hanwha Total Petrochemical, Chuzhou Runda Solvents Co., Ltd, Henan ZT League Chemical Co., Ltd., Liaoning Yufeng Chemical Co., Ltd, KH Chemicals BV, Shell Chemicals, Chevron Philips Chemical, Phillips 66, Haltermann Carless, TOA Oil Co.Ltd, SK Global Chemical, and others.
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“The rapidly increasing demand for n Heptane is due to solubility in ether and chloroform and insolubility in water, it is used in Solvent industry coupled with growing demand from pharmaceutical industry. This is expected to boost its market in the forecast period until 2035. In the next years, the market for n Heptane will develop because of steadily rising demand in the Asia Pacific region where the Solvent industry holds more than 50% of the market worldwide. Above all, China the largest volume in the world. “said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.
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