The universal N-Heptane market was valued at xxx million USD with a CAGR xx% from 2015-2019. Subsequently, it will touch xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
N-Heptane (C7H16) is a colorless liquid that is insoluble in water. It is obtained by fractional distillation of petroleum. Heptane is not only flammable, but also moderately toxic if inhaled. It is used as a solvent, as an anaesthetic and in organic synthesis.
Currently, there are several producing companies in the world heptane industry. The main players are SK, Shell, Chevron Phillips Chemical, ExxonMobil, Phillips 66and Mitsubishi Shoji Chemical. The global sales of heptane will increase to 53794 MT in 2018 from 42157 MT in 2013 with average growth rate of 5.00%.
In consumption market, Asia Pacific and North America are the mainly consumption regions due to the bigger demand of downstream applications. In 2017, these two regions occupied 77.49% of the global consumption volume in total.
Heptane has several grades, which include heptane 95%, heptane 97%, heptane 99%, etc. And each type has different application people and places relatively. With entertainment and fitness effect of heptane, the downstream application industries will need more heptane products. So, heptane has a huge market potential in the future.
In the global N-Heptane market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the market on the basis of application, type, regions, and manufactures.
In market segmentation by manufacturers, the report covers the following companies-
SK
Shell
Chuzhou Runda Solvents
Chevron Phillips Chemical
ExxonMobil
Phillips 66
Mitsubishi Shoji Chemical
Liyang Liancheng
Wuyang Chemical
ZT League
Hai Shunde
DHC Solvent Chemie GmbH
In market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In market segmentation by types :
Heptane 95%
Heptane 97%
Other
In market segmentation by applications :
Pharmaceutical Intermediates
Electronics
Industrial Solvents
Chemical Synthesis
Others
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the N-Heptane market for the forecast period 2020 - 2025?
• What are the driving forces in the N-Heptane market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the N-Heptane industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?