Hexylene Glycol Market Outlook (2024 to 2034)

The global hexylene glycol market is estimated to register a CAGR of 2.90% during the forecast period. The global market is likely to secure a valuation of US$ 208.6 million in 2024 and reach US$ 277.63 million by 2034.

Attributes Details
Hexylene Glycol Market Size, 2024 US$ 208.6 million
Hexylene Glycol Market Size, 2034 US$ 277.63 million
Value-based CAGR from 2024 to 2034 2.90%

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Key Aspects Boosting Demand for Hexylene Glycol Market

Several factors significantly boost the global market. A few of these factors are as follows:

Versatile Products: The increasing demand for hexylene glycol among diverse industries such as personal care products, industrial processes, paints & coatings is driving the market growth.

Cosmetic Industry: The increasing use of hexylene glycol in skin and hair products such as shampoo, cream, and lotions drives the market. These products enhance skin routine and strengthen hair, enhancing market demand.

Chemical Processing: Various chemical and industrial processing methods are increasing the adoption of hexylene glycol to develop solvents and valuable agents.

Economic Growth: Emerging economies, rising urbanization, and expanding cosmetic industry are surging the demand for hexylene glycol. The rising demand for consumer goods such as paints and dyes is raising the adoption of hexylene glycol.

Growing Awareness and Health Concerns: Increasing demand for personal products, safety, and mild ingredients is raising the adoption of hexylene glycol.

Product Innovation: Growing research and development activities are developing innovative products with new formulations, stimulating the demand for hexylene glycol.

Regulations: The rising demand for hexylene glycol with safety regulations is expanding the market size.

Agricultural Sector: The growing agriculture sector is increasing the demand for hexylene glycol for pesticides and herbicides, gaining vast traction in the global market.

Challenges in the Global Hexylene Glycol Market

There are several factors affecting the global market growth. A few of these are as follows:

Competition: Rising competition among critical players hinders global market growth due to increasing prices. The changing consumer demand for cheaper substitutes restricts the market. Manufacturers are also facing price fluctuations due to a lack of profitability, which may decrease the demand for hexylene glycol.

Supply Chain Disruptions: Pandemics like COVID-19, natural calamities, global tensions, and transportation issues heavily impact global market growth.

Market Saturation: Manufacturers face challenges due to saturation, which may limit their market share. Changing regulations, distributions, and consumer preferences are expected to decline market growth.

Economic Downfall: Currency exchange, trade policies, inflation, etc., negatively impact the global market.

Health Concerns: Side effects due to chemical ingredients and the rising public awareness about health may restrain the global market revenue.

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Nikhil Kaitwade

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Historical Performance and Future Growth Prospects of the Hexylene Glycol Market

The global hexylene glycol market grew steadily, with a valuation of US$ 202.8 million in 2023. Rising consumer demand for skin care products and healthy hair are expanding the cosmetic sector. The growing consumer awareness, innovations, and product launches among manufacturers are bringing lucrative opportunities to the market.

Historical Market Valuation, 2023 US$ 202.8 million

In 2023, the rising chemical industries, paints & coatings sector, and other processing industries contributed to the global market revenue. Manufacturers offered cost-effective and suitable products to capture their attention during the historical period. These players are heavily investing in research and development activities to fuel the global market revenue over the forecast period.

Country-wise Insights

Countries CAGR from 2024 to 2034
United States 3.50%
Canada 1.80%
Germany 4.0%
United Kingdom 2.20%
Italy 3.20%
France 3.20%
Spain 2.90%
China 2.20%
India 3.60%
Japan 3.30%
South Korea 2.90%
Thailand 2.20%

Expanding Chemical Industry Drives the United States Market

The United States market is estimated to capture a CAGR of 5.50% during the forecast period. Increasing demand from paints, cosmetics, pharmaceuticals, and industrial processes is raising the adoption of hexylene glycol. The increasing need for coupling agents, solvents, and other mixes is expanding the adoption of hexylene glycol.

The rapidly surging cosmetic sector is increasing the adoption of hexylene glycol for manufacturing lotions, hair products, and skin creams. Consumers prefer safe, suitable, and non-toxic ingredients for personal care, driving the United States hexylene glycol market size.

Industrial Processing Upsurge Germany Market

The market in Germany is estimated to capture a CAGR of 4.90% over the forecast period. Increasing chemical and industrial processing is rapidly surging the demand for hexylene glycol, boosting the German market. Consumers' demand for high-quality, valuable, and cost-effective products in the cosmetic industry is driving Germany's hexylene glycol market.

Increasing global trade, competition among essential players, and collaborations are raising the adoption of hexylene glycol in the country. Germany is focused on sustainability and eco-friendly products to reduce carbon footprints by investing in green practices. The government’s strict regulations promote the development of safe and reliable products to meet end users' demands.

Rising Trend of Skincare Products Boosts Japan Market

The market in Japan is projected to progress at a CAGR of 4.80% during the forecast period. The increasing chemical sector, industrial processes, and cosmetic industry are surging the adoption of hexylene glycol in Japan. Japan is rich in skincare culture, increasing the demand for hexylene glycol for manufacturing creams, lotions, oils, and face wash.

The rising popularity of sustainability and eco-friendly practices is surging the adoption of hexylene glycol in Japan. Japan’s focus on technology and innovation promotes unique ideas through research activities to offer suitable and less hazardous hexylene glycol products.

Increasing Aging Population Drives Market Growth in China

The market in China is estimated to secure a CAGR of 6.30% during the forecast period. The increasing demand for versatile compounds in manufacturing processes is surging the adoption of hexylene glycol. China has a vast cosmetic industry that enhances beauty products with the adoption of hexylene glycol.

The rapidly growing eCommerce industry, high-quality cosmetics, and distribution networks are raising the demand for hexylene glycol in China. Rising end-use sectors such as pharmaceutical, medical, cosmetic, and chemical are gaining popularity by adopting hexylene glycol. Key players are adopting various strategies to develop innovative, cost-effective products to uplift China's hexylene glycol market.

Growing Chemical Production Drives Thailand Market

The market in Thailand is estimated to grow at a CAGR of 6.60% over the forecast period. Thailand is home to the chemical industry and widely prefers hexylene glycol for processing and developing chemical solvents, fueling the market growth. Increasing key players, new launches, and innovations in research institutions are surging the adoption of hexylene glycol.

Rising demand for safe ingredients, personal grooming, etc., is expanding Thailand's hexylene glycol market. Rapidly growing demand for hexylene glycol in the food & beverages sector for ready-to-eat items and convenient products increases global market revenue. Manufacturers are seeking product quality by increasing the adoption of sustainable practices, driving the market size.

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Category-wise Insights

Increasing Utilization of Industrial Grade Hexylene Glycol

Top Grade Industrial
Market Share 75.1%

Based on grade, the industrial segment leads the global market by capturing a share of 75.1%. Increasing demand for manufacturing products among various industries is surging the adoption of hexylene glycol. Several sectors are contributing to the market for hexylene glycol for making coupling agents, solvents, and humectants, including adhesives and coatings.

Key players produce cost-effective products through manufacturing processes to satisfy end users' requirements. Industries drive the demand for improved and high-purity grades, driving market growth. The increasing consumption of vast quantities of hexylene glycol, heavily used for processing chemicals, is fueling the market share.

Use of Hexylene Glycol in Paints and Coatings

Top End-use Paints and Coatings
Market Share 60%

Based on end use, paints and coatings are estimated to dominate the global market by registering a share of 60%. Increasing demand for versatile solvents, smooth coating, and consistency are raising the adoption of hexylene glycol. Manufacturers are enhancing the performance of paints and coatings by developing high-quality and water-resistant coatings with long durability.

Paints & coatings are widely preferred among several end users, such as automotive, buildings, and industrial coatings, to improve their properties. These advanced and innovative coatings enhance end users' experiences, boosting market growth. On the other hand, growing urbanization, construction activities, and the trend of aesthetic look of residential complexes are pivotal factors driving the global market.

Manufacturers offer low-chemical and eco-friendly paints and coatings to reduce carbon emissions. Growing infrastructure projects and the demand for long-lasting protection are surging sales of paints and coatings.

Competitive Landscape

The global hexylene glycol market is highly consolidated by the presence of prominent players that significantly develop high-quality products to attract end users. They are focused on end users' requirements and building trust by enabling product transparency. Key players heavily invest in research and development to carry out new and brilliant ideas, leading to market expansion.

Key Players in the Hexylene Glycol Market

  • Arkema Group
  • Solventis Ltd.
  • SOLVAY S.A.
  • Monument Chemicals, Inc.
  • DowDupont
  • BASF SE
  • Lonza Group
  • FINAR LIMITED
  • LANXESS
  • Praasol Chemicals Ltd

Recent Developments in the Global Hexylene Glycol Market

  • In 2018, Lonza Pharma & Biotech announced its partnership with Denali Therapeutics. This partnership took place to develop biologic medicines to expand its business portfolio in the healthcare sector.
  • In 2018, Arkema announced its expansion in chemical manufacturing to enhance its business portfolio.

Key Segments in the Global Hexylene Glycol Market

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

By Region:

  • North America
  • Latin America
  • Europe
  • Middle East and Africa (MEA)
  • East Asia
  • South Asia
  • Oceania

Frequently Asked Questions

How Big is the Hexylene Glycol Market?

The hexylene glycol market is estimated to secure a valuation of US$ 208.6 million in 2024.

Which Country is Leading the Hexylene Glycol Market?

The United States is leading the market for hexylene glycol.

What is the Hexylene Glycol Market CAGR over the Forecast Period?

The hexylene glycol market is likely to capture a CAGR of 2.90% in 2034.

What is the Current Hexylene Glycol Market Trend?

The growing focus on sustainability and reducing carbon emissions.

Who are the Key Players in the Hexylene Glycol Market?

BASF SE and Lonza Group are the key players in the global hexylene glycol market.

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
    3.1. Market Dynamics
        3.1.1. Drivers
        3.1.2. Restraints
        3.1.3. Opportunity
        3.1.4. Trends
    3.2. Scenario Forecast
        3.2.1. Demand in Optimistic Scenario
        3.2.2. Demand in Likely Scenario
        3.2.3. Demand in Conservative Scenario
    3.3. Opportunity Map Analysis
    3.4. Product Life Cycle Analysis
    3.5. Supply Chain Analysis
        3.5.1. Supply Side Participants and their Roles
            3.5.1.1. Producers
            3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
            3.5.1.3. Wholesalers and Distributors
        3.5.2. Value Added and Value Created at Node in the Supply Chain
        3.5.3. List of Raw Material Suppliers
        3.5.4. List of Existing and Potential Buyer’s
    3.6. Investment Feasibility Matrix
    3.7. Value Chain Analysis
        3.7.1. Profit Margin Analysis
        3.7.2. Wholesalers and Distributors
        3.7.3. Retailers
    3.8. PESTLE and Porter’s Analysis
    3.9. Regulatory Landscape
        3.9.1. By Key Regions
        3.9.2. By Key Countries
    3.10. Regional Parent Market Outlook
    3.11. Production and Consumption Statistics
    3.12. Import and Export Statistics
4. Global Market Analysis 2019 to 2022 and Forecast, 2024 to 2034
    4.1. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis, 2019 to 2022
    4.2. Current and Future Market Size Value (US$ Million) & Volume (Tons) Projections, 2024 to 2034
        4.2.1. Y-o-Y Growth Trend Analysis
        4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2019 to 2022 and Forecast 2024 to 2034, By Grade
    5.1. Introduction / Key Findings
    5.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Grade, 2019 to 2022
    5.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Grade, 2024 to 2034
        5.3.1. Pharmaceuticals
        5.3.2. Industrial
    5.4. Y-o-Y Growth Trend Analysis By Grade, 2019 to 2022
    5.5. Absolute $ Opportunity Analysis By Grade, 2024 to 2034
6. Global Market Analysis 2019 to 2022 and Forecast 2024 to 2034, By End Use
    6.1. Introduction / Key Findings
    6.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By End Use, 2019 to 2022
    6.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By End Use, 2024 to 2034
        6.3.1. Construction
            6.3.1.1. Adhesives
            6.3.1.2. Concrete Additives
        6.3.2. Drug
            6.3.2.1. Pharma Excipients
            6.3.2.2. Formulating Agent
        6.3.3. Paints & Coatings
        6.3.4. Chemicals
        6.3.5. Leather & Textile
        6.3.6. Oil & Gas
        6.3.7. Others
    6.4. Y-o-Y Growth Trend Analysis By End Use, 2019 to 2022
    6.5. Absolute $ Opportunity Analysis By End Use, 2024 to 2034
7. Global Market Analysis 2019 to 2022 and Forecast 2024 to 2034, By Application
    7.1. Introduction / Key Findings
    7.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Application, 2019 to 2022
    7.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Application, 2024 to 2034
        7.3.1. Solvent
        7.3.2. Chemical Intermediate
        7.3.3. Antifreeze
        7.3.4. Others
    7.4. Y-o-Y Growth Trend Analysis By Application, 2019 to 2022
    7.5. Absolute $ Opportunity Analysis By Application, 2024 to 2034
8. Global Market Analysis 2019 to 2022 and Forecast 2024 to 2034, By Region
    8.1. Introduction
    8.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Region, 2019 to 2022
    8.3. Current Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Region, 2024 to 2034
        8.3.1. North America
        8.3.2. Latin America
        8.3.3. Western Europe
        8.3.4. Eastern Europe
        8.3.5. South Asia and Pacific
        8.3.6. East Asia
        8.3.7. Middle East and Africa
    8.4. Market Attractiveness Analysis By Region
9. North America Market Analysis 2019 to 2022 and Forecast 2024 to 2034, By Country
    9.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2022
    9.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034
        9.2.1. By Country
            9.2.1.1. USA
            9.2.1.2. Canada
        9.2.2. By Grade
        9.2.3. By End Use
        9.2.4. By Application
    9.3. Market Attractiveness Analysis
        9.3.1. By Country
        9.3.2. By Grade
        9.3.3. By End Use
        9.3.4. By Application
    9.4. Key Takeaways
10. Latin America Market Analysis 2019 to 2022 and Forecast 2024 to 2034, By Country
    10.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2022
    10.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034
        10.2.1. By Country
            10.2.1.1. Brazil
            10.2.1.2. Mexico
            10.2.1.3. Rest of Latin America
        10.2.2. By Grade
        10.2.3. By End Use
        10.2.4. By Application
    10.3. Market Attractiveness Analysis
        10.3.1. By Country
        10.3.2. By Grade
        10.3.3. By End Use
        10.3.4. By Application
    10.4. Key Takeaways
11. Western Europe Market Analysis 2019 to 2022 and Forecast 2024 to 2034, By Country
    11.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2022
    11.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034
        11.2.1. By Country
            11.2.1.1. Germany
            11.2.1.2. UK
            11.2.1.3. France
            11.2.1.4. Spain
            11.2.1.5. Italy
            11.2.1.6. Rest of Western Europe
        11.2.2. By Grade
        11.2.3. By End Use
        11.2.4. By Application
    11.3. Market Attractiveness Analysis
        11.3.1. By Country
        11.3.2. By Grade
        11.3.3. By End Use
        11.3.4. By Application
    11.4. Key Takeaways
12. Eastern Europe Market Analysis 2019 to 2022 and Forecast 2024 to 2034, By Country
    12.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2022
    12.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034
        12.2.1. By Country
            12.2.1.1. Poland
            12.2.1.2. Russia
            12.2.1.3. Czech Republic
            12.2.1.4. Romania
            12.2.1.5. Rest of Eastern Europe
        12.2.2. By Grade
        12.2.3. By End Use
        12.2.4. By Application
    12.3. Market Attractiveness Analysis
        12.3.1. By Country
        12.3.2. By Grade
        12.3.3. By End Use
        12.3.4. By Application
    12.4. Key Takeaways
13. South Asia and Pacific Market Analysis 2019 to 2022 and Forecast 2024 to 2034, By Country
    13.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2022
    13.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034
        13.2.1. By Country
            13.2.1.1. India
            13.2.1.2. Bangladesh
            13.2.1.3. Australia
            13.2.1.4. New Zealand
            13.2.1.5. Rest of South Asia and Pacific
        13.2.2. By Grade
        13.2.3. By End Use
        13.2.4. By Application
    13.3. Market Attractiveness Analysis
        13.3.1. By Country
        13.3.2. By Grade
        13.3.3. By End Use
        13.3.4. By Application
    13.4. Key Takeaways
14. East Asia Market Analysis 2019 to 2022 and Forecast 2024 to 2034, By Country
    14.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2022
    14.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034
        14.2.1. By Country
            14.2.1.1. China
            14.2.1.2. Japan
            14.2.1.3. South Korea
        14.2.2. By Grade
        14.2.3. By End Use
        14.2.4. By Application
    14.3. Market Attractiveness Analysis
        14.3.1. By Country
        14.3.2. By Grade
        14.3.3. By End Use
        14.3.4. By Application
    14.4. Key Takeaways
15. Middle East and Africa Market Analysis 2019 to 2022 and Forecast 2024 to 2034, By Country
    15.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2022
    15.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034
        15.2.1. By Country
            15.2.1.1. GCC Countries
            15.2.1.2. South Africa
            15.2.1.3. Israel
            15.2.1.4. Rest of MEA
        15.2.2. By Grade
        15.2.3. By End Use
        15.2.4. By Application
    15.3. Market Attractiveness Analysis
        15.3.1. By Country
        15.3.2. By Grade
        15.3.3. By End Use
        15.3.4. By Application
    15.4. Key Takeaways
16. Key Countries Market Analysis
    16.1. USA
        16.1.1. Pricing Analysis
        16.1.2. Market Share Analysis, 2022
            16.1.2.1. By Grade
            16.1.2.2. By End Use
            16.1.2.3. By Application
    16.2. Canada
        16.2.1. Pricing Analysis
        16.2.2. Market Share Analysis, 2022
            16.2.2.1. By Grade
            16.2.2.2. By End Use
            16.2.2.3. By Application
    16.3. Brazil
        16.3.1. Pricing Analysis
        16.3.2. Market Share Analysis, 2022
            16.3.2.1. By Grade
            16.3.2.2. By End Use
            16.3.2.3. By Application
    16.4. Mexico
        16.4.1. Pricing Analysis
        16.4.2. Market Share Analysis, 2022
            16.4.2.1. By Grade
            16.4.2.2. By End Use
            16.4.2.3. By Application
    16.5. Germany
        16.5.1. Pricing Analysis
        16.5.2. Market Share Analysis, 2022
            16.5.2.1. By Grade
            16.5.2.2. By End Use
            16.5.2.3. By Application
    16.6. UK
        16.6.1. Pricing Analysis
        16.6.2. Market Share Analysis, 2022
            16.6.2.1. By Grade
            16.6.2.2. By End Use
            16.6.2.3. By Application
    16.7. France
        16.7.1. Pricing Analysis
        16.7.2. Market Share Analysis, 2022
            16.7.2.1. By Grade
            16.7.2.2. By End Use
            16.7.2.3. By Application
    16.8. Spain
        16.8.1. Pricing Analysis
        16.8.2. Market Share Analysis, 2022
            16.8.2.1. By Grade
            16.8.2.2. By End Use
            16.8.2.3. By Application
    16.9. Italy
        16.9.1. Pricing Analysis
        16.9.2. Market Share Analysis, 2022
            16.9.2.1. By Grade
            16.9.2.2. By End Use
            16.9.2.3. By Application
    16.10. Poland
        16.10.1. Pricing Analysis
        16.10.2. Market Share Analysis, 2022
            16.10.2.1. By Grade
            16.10.2.2. By End Use
            16.10.2.3. By Application
    16.11. Russia
        16.11.1. Pricing Analysis
        16.11.2. Market Share Analysis, 2022
            16.11.2.1. By Grade
            16.11.2.2. By End Use
            16.11.2.3. By Application
    16.12. Czech Republic
        16.12.1. Pricing Analysis
        16.12.2. Market Share Analysis, 2022
            16.12.2.1. By Grade
            16.12.2.2. By End Use
            16.12.2.3. By Application
    16.13. Romania
        16.13.1. Pricing Analysis
        16.13.2. Market Share Analysis, 2022
            16.13.2.1. By Grade
            16.13.2.2. By End Use
            16.13.2.3. By Application
    16.14. India
        16.14.1. Pricing Analysis
        16.14.2. Market Share Analysis, 2022
            16.14.2.1. By Grade
            16.14.2.2. By End Use
            16.14.2.3. By Application
    16.15. Bangladesh
        16.15.1. Pricing Analysis
        16.15.2. Market Share Analysis, 2022
            16.15.2.1. By Grade
            16.15.2.2. By End Use
            16.15.2.3. By Application
    16.16. Australia
        16.16.1. Pricing Analysis
        16.16.2. Market Share Analysis, 2022
            16.16.2.1. By Grade
            16.16.2.2. By End Use
            16.16.2.3. By Application
    16.17. New Zealand
        16.17.1. Pricing Analysis
        16.17.2. Market Share Analysis, 2022
            16.17.2.1. By Grade
            16.17.2.2. By End Use
            16.17.2.3. By Application
    16.18. China
        16.18.1. Pricing Analysis
        16.18.2. Market Share Analysis, 2022
            16.18.2.1. By Grade
            16.18.2.2. By End Use
            16.18.2.3. By Application
    16.19. Japan
        16.19.1. Pricing Analysis
        16.19.2. Market Share Analysis, 2022
            16.19.2.1. By Grade
            16.19.2.2. By End Use
            16.19.2.3. By Application
    16.20. South Korea
        16.20.1. Pricing Analysis
        16.20.2. Market Share Analysis, 2022
            16.20.2.1. By Grade
            16.20.2.2. By End Use
            16.20.2.3. By Application
    16.21. GCC Countries
        16.21.1. Pricing Analysis
        16.21.2. Market Share Analysis, 2022
            16.21.2.1. By Grade
            16.21.2.2. By End Use
            16.21.2.3. By Application
    16.22. South Africa
        16.22.1. Pricing Analysis
        16.22.2. Market Share Analysis, 2022
            16.22.2.1. By Grade
            16.22.2.2. By End Use
            16.22.2.3. By Application
    16.23. Israel
        16.23.1. Pricing Analysis
        16.23.2. Market Share Analysis, 2022
            16.23.2.1. By Grade
            16.23.2.2. By End Use
            16.23.2.3. By Application
17. Market Structure Analysis
    17.1. Competition Dashboard
    17.2. Competition Benchmarking
    17.3. Market Share Analysis of Top Players
        17.3.1. By Regional
        17.3.2. By Grade
        17.3.3. By End Use
        17.3.4. By Application
18. Competition Analysis
    18.1. Competition Deep Dive
        18.1.1. Arkema Group
            18.1.1.1. Overview
            18.1.1.2. Product Portfolio
            18.1.1.3. Profitability by Market Segments
            18.1.1.4. Sales Footprint
            18.1.1.5. Strategy Overview
                18.1.1.5.1. Marketing Strategy
                18.1.1.5.2. Product Strategy
                18.1.1.5.3. Channel Strategy
        18.1.2. Solventis Ltd.
            18.1.2.1. Overview
            18.1.2.2. Product Portfolio
            18.1.2.3. Profitability by Market Segments
            18.1.2.4. Sales Footprint
            18.1.2.5. Strategy Overview
                18.1.2.5.1. Marketing Strategy
                18.1.2.5.2. Product Strategy
                18.1.2.5.3. Channel Strategy
        18.1.3. SOLVAY S.A.
            18.1.3.1. Overview
            18.1.3.2. Product Portfolio
            18.1.3.3. Profitability by Market Segments
            18.1.3.4. Sales Footprint
            18.1.3.5. Strategy Overview
                18.1.3.5.1. Marketing Strategy
                18.1.3.5.2. Product Strategy
                18.1.3.5.3. Channel Strategy
        18.1.4. Monument Chemicals, Inc.
            18.1.4.1. Overview
            18.1.4.2. Product Portfolio
            18.1.4.3. Profitability by Market Segments
            18.1.4.4. Sales Footprint
            18.1.4.5. Strategy Overview
                18.1.4.5.1. Marketing Strategy
                18.1.4.5.2. Product Strategy
                18.1.4.5.3. Channel Strategy
        18.1.5. DowDupont
            18.1.5.1. Overview
            18.1.5.2. Product Portfolio
            18.1.5.3. Profitability by Market Segments
            18.1.5.4. Sales Footprint
            18.1.5.5. Strategy Overview
                18.1.5.5.1. Marketing Strategy
                18.1.5.5.2. Product Strategy
                18.1.5.5.3. Channel Strategy
        18.1.6. BASF SE
            18.1.6.1. Overview
            18.1.6.2. Product Portfolio
            18.1.6.3. Profitability by Market Segments
            18.1.6.4. Sales Footprint
            18.1.6.5. Strategy Overview
                18.1.6.5.1. Marketing Strategy
                18.1.6.5.2. Product Strategy
                18.1.6.5.3. Channel Strategy
        18.1.7. Lonza Group
            18.1.7.1. Overview
            18.1.7.2. Product Portfolio
            18.1.7.3. Profitability by Market Segments
            18.1.7.4. Sales Footprint
            18.1.7.5. Strategy Overview
                18.1.7.5.1. Marketing Strategy
                18.1.7.5.2. Product Strategy
                18.1.7.5.3. Channel Strategy
        18.1.8. FINAR LIMITED
            18.1.8.1. Overview
            18.1.8.2. Product Portfolio
            18.1.8.3. Profitability by Market Segments
            18.1.8.4. Sales Footprint
            18.1.8.5. Strategy Overview
                18.1.8.5.1. Marketing Strategy
                18.1.8.5.2. Product Strategy
                18.1.8.5.3. Channel Strategy
        18.1.9. LANXESS
            18.1.9.1. Overview
            18.1.9.2. Product Portfolio
            18.1.9.3. Profitability by Market Segments
            18.1.9.4. Sales Footprint
            18.1.9.5. Strategy Overview
                18.1.9.5.1. Marketing Strategy
                18.1.9.5.2. Product Strategy
                18.1.9.5.3. Channel Strategy
        18.1.10. Praasol Chemicals Ltd
            18.1.10.1. Overview
            18.1.10.2. Product Portfolio
            18.1.10.3. Profitability by Market Segments
            18.1.10.4. Sales Footprint
            18.1.10.5. Strategy Overview
                18.1.10.5.1. Marketing Strategy
                18.1.10.5.2. Product Strategy
                18.1.10.5.3. Channel Strategy
19. Assumptions & Acronyms Used
20. Research Methodology
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