Global Hexylene Glycol Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Grade;

Pharmaceutical and Industrial.

By Application;

Solvents, Chemical Intermediates, Antifreeze, and Others.

By End Use;

Construction - Adhesives and Concrete Additives, Drugs - Pharma Equipment and Formulating Agents, Paints & Coatings, Chemicals, Oil & Gas, Leather & Textiles, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn132734589 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Hexylene Glycol Market (USD Million), 2021 - 2031

In the year 2024, the Global Hexylene Glycol Market was valued at USD 1,010.49 million. The size of this market is expected to increase to USD 1,306.37 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.7%.

The Global Hexylene Glycol Market encompasses a vital sector within the chemical industry, characterized by the versatile applications and growing demand for hexylene glycol. Hexylene glycol, a colorless and slightly viscous liquid, is widely used as a solvent, intermediate, and stabilizer in various industrial processes. It plays a critical role in the formulation of products across diverse sectors, including pharmaceuticals, personal care, coatings, and automotive. Its solvent properties make it essential in applications such as paint thinners, adhesive formulations, and cleaning agents, where it helps dissolve and stabilize various compounds. The increasing demand for high-performance products in these industries drives the growth of the hexylene glycol market.

The market dynamics are influenced by factors such as technological advancements, evolving industry needs, and regulatory developments. Innovations in chemical processing and formulation technologies enhance the efficiency and application range of hexylene glycol, while stringent regulations regarding environmental and health safety impact production practices. As industries strive for more sustainable and eco-friendly solutions, there is a growing focus on developing and adopting hexylene glycol formulations that meet both performance and regulatory standards. The market’s expansion is driven by these trends, alongside the continuous growth of end-use industries and the increasing need for high-quality chemical intermediates.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Grade
    2. Market Snapshot, By Application
    3. Market Snapshot, By End Use
    4. Market Snapshot, By Region
  4. Global Hexylene Glycol Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Demand in Paints and Coatings

        2. Expansion in Personal Care and Cosmetics Industry

        3. Increasing Use in Pharmaceuticals

      2. Restraints
        1. Regulatory and Environmental Restrictions

        2. Volatility in Raw Material Prices

        3. Health and Safety Concerns

      3. Opportunities
        1. Development of Eco-Friendly Formulations

        2. Expansion in Emerging Markets

        3. Advancements in Application Technologies

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Hexylene Glycol Market, By Grade, 2021 - 2031 (USD Million)
      1. Pharmaceutical
      2. Industrial
    2. Global Hexylene Glycol Market, By Application, 2021 - 2031 (USD Million)
      1. Solvents
      2. Chemical Intermediates
      3. Antifreeze
    3. Global Hexylene Glycol Market, By End Use, 2021 - 2031 (USD Million)
      1. Construction
        1. Adhesives
        2. Concrete Additives
      2. Drugs
        1. Pharma Equipment
        2. Formulating Agents
        3. Paints & Coatings
      3. Chemicals
      4. Oil & Gas
      5. Leather & Textiles
    4. Global Hexylene Glycol Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. BASF SE
      2. Arkema Group
      3. Lonza Group
      4. Dow DuPont
  7. Analyst Views
  8. Future Outlook of the Market