| Product Code: ETC8629996 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Nigeria`s n-hexane import market saw a shift in top exporting countries in 2024, with Thailand, Greece, Romania, China, and Singapore leading the pack. Despite a significant decrease in market concentration from very high to high in 2024, the industry experienced a negative compound annual growth rate of -12.77% from 2020 to 2024. However, there was a positive growth rate of 10.1% from 2023 to 2024, indicating some recovery and potential opportunities for further expansion in the coming years.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Nigeria N-Hexane Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria N-Hexane Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria N-Hexane Market - Industry Life Cycle |
3.4 Nigeria N-Hexane Market - Porter's Five Forces |
3.5 Nigeria N-Hexane Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Nigeria N-Hexane Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increase in industrial activities and manufacturing processes in Nigeria |
4.2.2 Growth in the oil and gas sector leading to higher demand for n-hexane |
4.2.3 Rising population and urbanization driving the demand for consumer goods |
4.3 Market Restraints |
4.3.1 Fluctuating crude oil prices impacting the production cost of n-hexane |
4.3.2 Regulatory challenges and compliance requirements affecting market growth |
4.3.3 Competition from alternative solvents impacting the market share of n-hexane |
5 Nigeria N-Hexane Market Trends |
6 Nigeria N-Hexane Market, By Types |
6.1 Nigeria N-Hexane Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Nigeria N-Hexane Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Nigeria N-Hexane Market Revenues & Volume, By Edible Oil Extraction, 2021- 2031F |
6.1.4 Nigeria N-Hexane Market Revenues & Volume, By Healthcare, 2021- 2031F |
6.1.5 Nigeria N-Hexane Market Revenues & Volume, By Industrial Solvent, 2021- 2031F |
6.1.6 Nigeria N-Hexane Market Revenues & Volume, By Adhesive Formulation, 2021- 2031F |
6.1.7 Nigeria N-Hexane Market Revenues & Volume, By Others, 2021- 2031F |
7 Nigeria N-Hexane Market Import-Export Trade Statistics |
7.1 Nigeria N-Hexane Market Export to Major Countries |
7.2 Nigeria N-Hexane Market Imports from Major Countries |
8 Nigeria N-Hexane Market Key Performance Indicators |
8.1 Average selling price of n-hexane in Nigeria |
8.2 Production capacity utilization rate of n-hexane manufacturers |
8.3 Export/import volume of n-hexane in Nigeria |
8.4 Adoption rate of n-hexane in key industries |
8.5 Investment in research and development for n-hexane alternatives |
9 Nigeria N-Hexane Market - Opportunity Assessment |
9.1 Nigeria N-Hexane Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Nigeria N-Hexane Market - Competitive Landscape |
10.1 Nigeria N-Hexane Market Revenue Share, By Companies, 2024 |
10.2 Nigeria N-Hexane Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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