The Global Hexanoic Acid Market was valued at USD 39.5 Million in 2024 and is projected to reach USD 48.1 Million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 2.9% during the forecast period (2024–2032). This steady growth is primarily driven by robust demand from the flavor and fragrance sector, expanding applications in personal care products, and the increasing use of hexanoic acid derivatives in industrial applications like metalworking fluids.

As the chemical industry shifts toward bio-based and sustainable sourcing, the spotlight is on the key oleochemical producers who are driving innovation, production efficiency, and supply chain resilience. In this blog, we profile the Top 10 Companies in the Hexanoic Acid Industry—a mix of established oleochemical giants and specialized producers shaping the future of this essential chemical market.

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🔟 1. KLK OLEO

Headquarters: Kuala Lumpur, Malaysia
Key Offering: High-Purity Hexanoic Acid (Caproic Acid), Fatty Acids, Oleochemical Derivatives

KLK OLEO is a global leader in oleochemicals and a dominant force in the hexanoic acid market. As a subsidiary of Kuala Lumpur Kepong Berhad, the company leverages its vertically integrated supply chain, with direct access to sustainable palm oil feedstocks. It supplies high-quality hexanoic acid to a diverse global clientele in the food flavoring, fragrance, and personal care industries.

Sustainability and Innovation Initiatives:

• Commitment to 100% RSPO (Roundtable on Sustainable Palm Oil) certified supply chains

• Continuous investment in R&D for advanced purification and bio-based chemical processes

• Strategic expansions in production capacity to meet growing global demand

Download FREE Sample Report: Hexanoic Acid Market – View in Detailed Research Report

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9️⃣ 2. Musim Mas Holdings

Headquarters: Singapore
Key Offering: Hexanoic Acid, Glycerine, Fatty Alcohols, Specialty Esters

Musim Mas Holdings is one of the world’s largest integrated palm oil conglomerates with a significant oleochemical division. The company is a key supplier of hexanoic acid, benefiting from its extensive palm plantations and refining capabilities across Indonesia and Singapore. Its products are critical for manufacturing esters used in artificial flavors and fragrances.

Sustainability and Innovation Initiatives:

• Pioneering traceability and zero-deforestation commitments in its palm oil supply chain

• Active member of the Sustainable Palm Oil Transparency Toolkit (SPOTT) initiative

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8️⃣ 3. IOI Oleochemical

Headquarters: Kuala Lumpur, Malaysia
Key Offering: Caproic Acid (Hexanoic Acid), Stearic Acid, Oleic Acid

IOI Oleochemical, a division of IOI Corporation Berhad, is a major global producer with a strong foothold in the Asian and European markets. The company’s hexanoic acid is renowned for its consistent quality, making it a preferred supplier for high-end flavor and perfume manufacturers. Its strategic locations near key ports facilitate efficient global distribution.

Sustainability and Innovation Initiatives:

• Investment in energy-efficient production technologies to reduce carbon footprint

• Development of customized oleochemical solutions for specific client applications

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7️⃣ 4. Oleon NV

Headquarters: Ertvelde, Belgium
Key Offering: Bio-based Hexanoic Acid, Specialty Esters, Fractionated Fatty Acids

Oleon, part of the Avril Group, is a leading European producer of oleochemicals derived from natural vegetable oils. The company specializes in bio-based hexanoic acid, catering to the stringent quality and sustainability requirements of the European market. Oleon’s strong R&D focus drives innovation in green chemistry applications.

Sustainability and Innovation Initiatives:

• Focus on 100% renewable carbon index for its product portfolio

• Development of novel esterification processes for high-value applications

Download FREE Sample Report: Hexanoic Acid Market – View in Detailed Research Report

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6️⃣ 5. Pacific Oleochemicals Sdn Bhd

Headquarters: Johor, Malaysia
Key Offering: Hexanoic Acid, Lauric Acid, Glycerine, Methyl Esters

Pacific Oleochemicals is a prominent manufacturer with a significant share in the Asia-Pacific hexanoic acid market. The company’s integrated operations, from raw material sourcing to finished product delivery, ensure cost-effectiveness and supply stability. It serves a broad spectrum of industries, including food, cosmetics, and industrial manufacturing.

Sustainability and Innovation Initiatives:

• Implementation of circular economy principles in manufacturing waste management

• Certifications for food-grade and pharmaceutical-grade product lines

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5️⃣ 6. Ecogreen Oleochemicals

Headquarters: Jakarta, Indonesia
Key Offering: Fatty Acids (including Caproic Acid), Fatty Alcohols, Bio-diesel

Ecogreen Oleochemicals is a key player headquartered in Indonesia, the world’s largest palm oil producer. This strategic advantage provides the company with secure access to primary raw materials. Ecogreen produces a range of oleochemicals, with hexanoic acid being a significant product for both domestic consumption and export markets.

Sustainability and Innovation Initiatives:

• Strong focus on sustainable palm oil sourcing in compliance with ISPO (Indonesian Sustainable Palm Oil) standards

• Expansion of production facilities to increase output and meet rising demand

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4️⃣ 7. Hebei Kezheng Chemical Co., Ltd.

Headquarters: Shijiazhuang, Hebei, China
Key Offering: Fine Chemicals, Pharmaceutical Intermediates, Hexanoic Acid

Hebei Kezheng is a leading Chinese manufacturer of fine chemicals and pharmaceutical intermediates, including high-purity hexanoic acid. The company has carved a niche by serving the specific needs of the pharmaceutical and specialty chemical sectors in China and neighboring countries, often competing on price and customization.

Sustainability and Innovation Initiatives:

• Investment in advanced synthesis and purification technologies for high-purity grades

• Growing focus on environmental compliance and cleaner production methods

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3️⃣ 8. Zhengzhou YiBang Industry Co., Ltd.

Headquarters: Zhengzhou, Henan, China
Key Offering: Hexanoic Acid, Food Additives, Cosmetic Ingredients

Zhengzhou YiBang is a specialized chemical supplier in China with a strong presence in the domestic market. The company provides hexanoic acid primarily to the food flavoring and cosmetic industries. Its competitive pricing and responsive supply chain make it a preferred partner for cost-sensitive manufacturers.

Sustainability and Innovation Initiatives:

• Development of tailored product formulations for specific industrial applications

• Exploration of alternative feedstocks to mitigate palm oil price volatility

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2️⃣ 9. Emery Oleochemicals

Headquarters: Kuala Lumpur, Malaysia (Global Operations)
Key Offering: Green Polymer Additives, Bio-lubricants, Hexanoic Acid derivatives

Emery Oleochemicals is a global specialty chemical producer known for its innovative and sustainable solutions. While its product portfolio is diverse, it utilizes hexanoic acid and its derivatives in the production of bio-based lubricants, plastic additives, and personal care ingredients. The company emphasizes value-added applications beyond traditional uses.

Sustainability and Innovation Initiatives:

• “Emerox” initiative focused on developing circular and sustainable chemical solutions

• Strong partnerships with brand owners to co-develop bio-based products

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1️⃣ 10. Wilmar International Ltd. (Oleochemical Division)

Headquarters: Singapore
Key Offering: Comprehensive Oleochemical Portfolio, including Feedstock for Hexanoic Acid

Wilmar International, one of the world’s largest agribusiness groups, has a massive oleochemical division that produces a wide range of basic oleochemicals. While not exclusively a hexanoic acid producer, its scale in processing palm and lauric oils makes it a crucial supplier of feedstocks and a significant influence on the global market dynamics for fatty acids like hexanoic acid.

Sustainability and Innovation Initiatives:

• No Deforestation, No Peat, No Exploitation (NDPE) policy across its supply chain

• Large-scale investments in downstream oleochemical derivatives and renewable fuels

Get Full Report Here: Hexanoic Acid Market – View in Detailed Research Report

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🌍 Outlook: The Future of Hexanoic Acid is Sustainable and Application-Driven

The hexanoic acid market is undergoing a gradual but significant transformation. While traditional applications in flavors and fragrances continue to dominate, the industry is increasingly influenced by sustainability mandates and the exploration of new, high-value applications.

📈 Key Trends Shaping the Market:

• Accelerated shift toward certified sustainable and traceable palm oil feedstocks

• Growing R&D investment in bio-based production pathways beyond palm and coconut oils

• Expansion into niche industrial applications, such as metalworking fluids and agrochemicals

• Increasing demand for high-purity grades from the pharmaceutical and specialty chemical sectors

Get Full Report Here: Hexanoic Acid Market – View in Detailed Research Report

The companies listed above are not only supplying a critical chemical intermediate—they are actively shaping a more sustainable and innovative future for the global oleochemical industry.