Wednesday, May 24, 2023

Hexane, having the chemical formula C6H14, is a hydrocarbon. It is a colourless, extremely flammable liquid generated from petroleum with a slight odour.

It is an alkane, which implies it includes solely single-carbon atom covalent bonds. Because of its low boiling point and high volatility, it is helpful as a solvent in many industrial processes.

Its boiling point is 68.7°C (155.7°F), which is relatively low. As a result, it is extremely volatile and quickly evaporated at ambient temperature, making it useful as a solvent in a variety of industrial and laboratory procedures. Its melting point is -95°C (-139°F), indicating that it is a liquid at normal temperature and pressure.

At 20°C (68°F), it has a density of 0.6598 g/mL, making it less dense than water. It is very flammable and may combine with air to generate explosive combinations.

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It has a flash point of -22°C (-8°F) and an autoignition temperature of 234°C (453°F), which implies it is very flammable and should be handled with caution.

The United States, Romania, Germany, Vietnam, and India are the leading producing countries across the globe.

Key Details About the Hexane Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Hexane price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.

The hexane price chart, including India’s Hexane price, the USA’s Hexane price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Hexane Price Trend:

Hexane Price Trend

Hexane is a nonpolar solvent that is frequently employed in a variety of industrial operations. It's frequently used to extract vegetable oils from seeds and other plant materials including soybeans, cottonseed, and peanuts.

It is also utilised as a solvent in the manufacturing of rubber and other industrial chemicals, as well as for adhesives, coatings, and inks.

It is an important component of petrol and serves as a fuel in motors. It is also used to create biodiesel, a green alternative to standard diesel fuel.

It is an effective cleaning chemical for removing grease, oil, and other impurities from metal surfaces. In the automobile sector, it is extensively used for degreasing and cleaning engine components.

It is used in agriculture as a fumigant and pesticide to combat pests in stored crops such as grains and beans. It is also utilised as a pesticide and herbicide solvent.

It's a solvent for perfumes, oils, and other cosmetic substances. It's also a propellant in aerosol items like hairspray and deodorant.

Key Players:

  • Exxon Mobil Corporation
  • Bharat Petroleum Corporation Limited
  • China Petroleum & Chemical Corporation (Sinopec)
  • Junyuan Petroleum Group
  • Royal Dutch Shell Plc
  • Sumitomo Chemical Co. Ltd

About Us:

Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

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