Cyclohexylbenzene has emerged as an important material across various industries, such as painting, adhesives and plastics, among others. It is widely being utilized in the preperation of common intermediates for chemical products, including phenol and cyclohexanone. It has found application in the preparation of LCD (liquid crystal display) material.
Global Cyclohexylbenzene Market was valued at USD 2481.60 million in 2021 and is expected to reach USD 3242.62 million by 2029, registering a CAGR of 3.40% during the forecast period of 2022-2029. High Purity is expected to witness high growth in the product type segments of the market owing to the high use for laboratory and research purposes. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.
Market Definition
Cyclohexylbenzene, also known as phenylcyclohexane, refers to a clear, colorless oily liquid with molecular formula C12H16 that tends to dissolve in compounds such as alcohol, hexane, carbon tetrachloride, acetone, benzene, and castor oil. It is widely deployed in the manufacturing of liquid crystal displays (LCD), lithium batteries and plastics due to its insolubility in glycerol and water.
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Restraints/Challenges faced by the Cyclohexylbenzene Market
On the other hand, stringent regulations imposed by governments against the production and use of cyclohexylbenzene are expected to obstruct the market growth. It has been categorized under the National Hazardous Substances list by the U.S., the Environmental Protection Agency (EPA) and Occupation Safety Hazard Administration (OSHA). Also, availability of substitutes is projected to challenge the cyclohexylbenzene market in 2022-2029.
This cyclohexylbenzene market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the cyclohexylbenzene market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Cyclohexylbenzene Market Regional Analysis/Insights
The cyclohexylbenzene market is analyzed and market size insights and trends are provided by country, product type and application as referenced above.
The countries covered in the cyclohexylbenzene market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the cyclohexylbenzene market because of the high concentration of relevant end-use industries and high demand for paints and coatings within the region.
Asia-Pacific (APAC) is expected to witness significant growth during the forecast period of 2022 to 2029 because of the strong presence of export-oriented manufacturing units in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, and case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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Competitive Landscape and Cyclohexylbenzene Market
The cyclohexylbenzene market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the cyclohexylbenzene market.
Some of the major players operating in the cyclohexylbenzene market are
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Thermo Fisher Scientific (US)
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Merck KGaA (US)
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KISHIDA CHEMICAL Co.,Ltd. (Japan)
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Schultz (Canada)
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TCI Chemicals (India) Pvt. Ltd. (Japan)
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J&H CHEM Co., Ltd. (US)
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AA Blocks (US)
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Santa Cruz Biotechnology, Inc. (US)
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Sinfoo Biotech (China)
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Biosynth Carbosynth. (UK)
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Henan Tianfu Chemical Co., Ltd (China)
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Changsha Easchem Co., Ltd. (China)
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Jiangsu Zhongneng Chemical Technology Co., Ltd. (China)
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SAGECHEM (China)
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XRchemical (China)
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Syntechem Co.,Ltd (China)
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abcr GmbH (Germany)
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Alfa Chemistry. (US)
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Angene Chemical (India)
Global Cyclohexylbenzene Market Scope and Market Size
The cyclohexylbenzene market is segmented on the basis of product type and application. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
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Global Cyclohexylbenzene Market Report Answers the Following Questions:
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What are the current trends and drivers in the Global Cyclohexylbenzene Market?
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How has the demand for convenience affected the growth of the Global Cyclohexylbenzene Market?
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What are the different types of Global Cyclohexylbenzene Market available in the market and what are their respective market shares?
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How is the Global Cyclohexylbenzene Market segment by channels?
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Who are the major players in the Global Cyclohexylbenzene Market and what is their market share?
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How has the Global Cyclohexylbenzene Market been impacted by the growing demand for options?
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How does the Global Cyclohexylbenzene Market vary across different regions or countries?
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What are the future opportunities and challenges for companies operating in the Global Cyclohexylbenzene Market?
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How has the rise of e-commerce affected the distribution and sales of the Global Cyclohexylbenzene Market?
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