Cyclohexanone Market Size, Segments, and Growth by 2031

MARKET INTRODUCTION

Cyclohexanone refers to a colorless organic compound that is slightly soluble in water and bears a pleasant odor. It is a six carbon cycle molecule along with a ketone group. Cyclohexanone is usually lighter than water but its fumes are heavier than that of air. It is widely employed in printing inks, paints, adhesives, leaning agents and as a precursor to nylon. It is obtained in the manufacture of nylon intermediaries such as caprolactam and adipic acid. One fourth of the cyclohexanone production is dependent on caprolactam and the remaining is influenced by phenol.

MARKET DYNAMICS

The rise in demand for the nylon in textile industry drives the growth of the cyclohexanone market. Besides this, the rise in demand for pesticides in the agricultural industry also drive the market growth. The harmful effects caused by the inhalation and oral consumption of cyclohexanone restricts the fruitful development of the cyclohexanone market. An upsurge in the application of cyclohexanone as an organic solvent is expected to boost the growth for cyclohexanone market in the near future.

MARKET SCOPE

The "Global Cyclohexanone Market Analysis to 2031" 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 cyclohexanone market with detailed market segmentation by application, end use industry and geography. The global cyclohexanone market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading cyclohexanone market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global cyclohexanone market is segmented on the basis of application and end use industry. On the basis of application, the cyclohexanone market is segmented into nylon, paints, herbicides & insecticides, drugs and others. As per end user industry the market is bifurcated into textile industry, painting & dying industry, pharmaceutical industry, agricultural industry and 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 global cyclohexanone market based on various segments. It also provides market size and forecast estimates from the year 2021to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The cyclohexanone 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 cyclohexanone 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 cyclohexanone market in these regions.

MARKET PLAYERS

The reports cover key developments in the cyclohexanone 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 cyclohexanone market are anticipated to lucrative growth opportunities in the future with the rising demand for cyclohexanone market in the global market. Below mentioned is the list of few companies engaged in the cyclohexanone market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the cyclohexanone 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.

•   Asahi Kasei Corporation
  
•   Chevron Phillips Chemical Company
  
•   DOMO Chemicals GmbH
  
•   Fibrant
  
•   Honeywell International Inc.
  
•   Idemitsu Kosan Co.,Ltd.
  
•   Innova Corporate
  
•   Jigchem Universal
  
•   Shreeji Chemicals
  
•   Ube Industries, Ltd.
  

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.

Cyclohexanone Report Scope