Cyclohexane is a cycloalkane, colorless, flammable liquid compound. Naturally, cyclohexane can be found in petroleum crude oil, volcanic gases, etc. Hydrogenation of benzene is a method that is widely applied for the formulation of industrial cyclohexane. Due to high flammability of cyclohexane, it is kept in cool, dry and highly ventilated area. Predominantly, cyclohexane is used in the production of adipic acid, caprolactam. Adipic acid and caprolactam are precursors for nylon production. Industries such as automotive, paints and coatings, textile, and others, have extensive usage of cyclohexane.
MARKET DYNAMICS
The growing demand of cyclohexane for the production of adipic acid and caprolactam which are finally used in the production of nylon, will drive the demand for the cyclohexane market. Furthermore, the increasing demand of cyclohexane for production of cyclohexanol and cyclohexanone will further imply in the demand growth for the cyclohexane market. Predominantly, features such as high flammability of cyclohexane may create the hindrance for the cyclohexane market. However, growing demand for nylon for automotive industry will suffice some opportunities for cyclohexane market.
MARKET SCOPE
The "Cyclohexane Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the cyclohexane market with detailed market segmentation by application, end-user industry and region. The cyclohexane market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading cyclohexane market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The cyclohexane market is segmented on the basis of application, end-user industry. On the basis of application, the cyclohexane market is segmented into, adipic acid, caprolactam, others. On the basis of end-user industry, the cyclohexane market is segmented into automotive, paints and coatings, textile, construction, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the cyclohexane market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The cyclohexane market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the cyclohexane market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the cyclohexane market in these regions.
MARKET PLAYERS
The reports cover key developments in the cyclohexane market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from cyclohexane market are anticipated to lucrative growth opportunities in the future with the rising demand for cyclohexane in the global market. Below mentioned is the list of few companies engaged in the cyclohexane market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the cyclohexane market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Cepsa
- Chemex Organchem Pvt Ltd
- Chevron Phillips Chemical Company
- Citgo
- Huntsman International LLC
- Idemitsu Kosan Co. Ltd
- Liaoning Yufeng Chemical Co. Ltd
- Merck KGaA
- Ree Arthva Lifescience Pvt Ltd
- Shchekinoazot
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.