Data Bridge Market Research analyses that the cyclohexanone market was valued at USD 7.48 billion in 2021 and is expected to reach USD 10.14 billion by 2029, registering a CAGR of 3.88 % during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Cyclohexanone is the organic compound which consists of six-carbon cyclic molecule with a ketone functional group and the formula of cyclohexanone is (CH2)5CO. It is extensively used as a solvent. Cyclohexanone is an odourless and colourless oil, it is similar to acetone and peppermint. Cyclohexanone can be identified on the basis of its appearance. Cyclohexanone easily dissolves in cold water and it is extensively used to produce several precursors of nylon.
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Scope of the Cyclohexanone Market Report:
The cyclohexanone market is segmented on the basis of type, application and end-user. The growth amongst these segments will help you analyze meagre 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.
Type
- Nylon 6
- Nylon 66
- Polyester Polyol
- Others
Application
- Paint and Dyes
- Soaps
- Fertilizers
- Films
- Pharmaceutical
- Caprolactam
- Adipic Acid
- Others
End User
- Construction
- Aerospace and Defence
- Textiles
- Automotive
- Electrical and Electronics
- Others
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Some of the major players operating in the cyclohexanone market are:
- Gujarat State Fertilizers & Chemicals Limited (GSFC) (India)
- ASAHI KASEI CORPORATION (Japan)
- BASF SE (Germany)
- Domo Chemicals (Germany)
- OSTCHEM (Austria)
- Fibrant (Netherlands)
- Shreeji Chemical (India)
- JIGCHEM UNIVERSAL (India)
- ARIHANT SOLVENTS AND CHEMICALS (India)
- Qingdao Hisea Chem Co.Ltd (China)
- LUXI GROUP (China)
- Taiwan Prosperity Chemical Corporation (China)
- UBE Corporation (Japan)
- Innova Corporate (India)
- Reliance Industries Limited (India)
- Chevron Phillips Chemical Company LLC (US)
- Clariant (Switzerland)
- Idemitsu Kosan Co.,Ltd (Japan)
- CITGO Petroleum Corporation (US)
- Zhuhai Chemical Company Ltd (China)
Cyclohexanone Market Regional Analysis/Insights
The Cyclohexanone market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.
The countries covered in the Cyclohexanone 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 market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the high demand for fiber cement Cyclohexanone within the region. Asia-Pacific on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the prominent presence of fiber cement Cyclohexanone market players within the region. Moreover, the high requirement for the residential and commercial building construction also boosts the regional demand.
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