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Cyclohexane Market Size, Share Global Analysis Report, 2020–2026

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Cyclohexane Market By Type (Adipic Acid, Caprolactam, Solvents, Others) and By Application (ConstructionAerospace & Defense, Textiles, Automotive, Electrical & Electronics, Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecast 2020–2026

Industry Insights

The Cyclohexane market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire Cyclohexane market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of both volume (Units) and value (USD Million) from FY 2016 – 2026.

This specialized and expertise-oriented industry research report scrutinizes the technical and commercial business outlook of the Cyclohexane industry. The report analyzes and declares the historical and current trends analysis of the Cyclohexane industry and subsequently recommends the projected trends anticipated to be observed in the Cyclohexane market during the upcoming years.

Cyclohexane Market Size

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logoKey Insights from Primary Research

  • As per our primary respondents, the cyclohexane market is set to grow annually at a rate of around 4%
  • It was established through primary research that the cyclohexane market was valued at around USD 25 Billion in 2019.
  • The “Caprolactam” category, based on application segmentation, is expected to share the maximum revenue in 2019.
  • Based on application segmentation, the “automotive” category is expected to be the leading market share in 2019.
  • As per the regional analysis, the North American region is expected to have a maximum share in the year 2019.

logoKey Recommendations from Analysts

  • As per our analysts, the cyclohexane market is expected to have exponential growth in the automobile industry as the plastic components used are manufactured using nylon products.
  • Growing at a CAGR of around 4%, the Cyclohexane market provides abundant opportunities for all of the involved investors across the entire value chain.
  • Our analysts have identified “Construction” categories as the leading investment pockets for the cyclohexane market in terms of end-user segmentation respectively.
  • The usage of bio-based raw materials in the production of cyclohexane provides numerous opportunities for the manufacturers.
  • The developing infrastructural plans in developing countries also provide various opportunities for investments for good returns in the future.

logoMarket Attractiveness – By Application


The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the Cyclohexane industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the Cyclohexane industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the Cyclohexane market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the Cyclohexane industry. The Cyclohexane market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the Cyclohexane sector. Key strategic developments in the Cyclohexane market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the Cyclohexane market are appropriately highlighted in the report.

Cyclohexane is a cycloalkane, a colorless and flammable organic liquid with molecular formula C6H12 produced by the catalytic hydrogenation process of benzene and also used in the production of caprolactam and adipic acid. The rising demand in various engineering plastics for nylon products helps to propel the cyclohexane market. With the growing use of benzene as a feedstock in the manufacture of these chemicals, the demand is projected to improve in the years ahead. The rising method of crude oil refining in the world is also expected to drive the market, as benzene is the by-product produced during this refining. The use of nylon-based automotive parts in the automotive industry has also expected business growth. It is also anticipated that the use of nylon-based insulation materials in the production of electricity to mitigate carbon emissions would also boost the cyclohexane industry.

The Cyclohexane market research report delivers an acute valuation and taxonomy of the Cyclohexane industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the Cyclohexane industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the Cyclohexane industry is provided for the leading economies of the world.

The Cyclohexane market is segmented based on Application and End User. On the basis of type segmentation, the market is classified into Adipic Acid, Caprolactam, Solvents, and Others. In terms of Application segmentation, the market is bifurcated into Construction, Aerospace & Defense, Textiles, Automotive, Electrical & Electronics, and Others.

logoReport Scope

Report Attribute

Details

Market Size in 2019

USD 25 Billion

Projected Market Size in 2026

USD 30 Billion

CAGR Growth Rate

4% CAGR

Base Year

2019

Forecast Years

2020-2026

Key Market Players

Reliance Industries Limited, BASF, The Dow Chemical Company, Chevron Phillips Chemical Company, Clariant, China Petroleum & Chemical Corporation, CEPSA, Idemitsu Kosan Co., Ltd, CITGO Petroleum Corporation, BP Refining & Petrochemicals GmbH, Others.

Key Segment

By Application, By End User, By Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

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logoCompetitive Players

Some of the essential players operating in the Cyclohexane market, but not restricted to include :

  • Reliance Industries Limited
  •  BASF
  •  The Dow Chemical Company
  •  Chevron Phillips Chemical Company
  •  Clariant
  •  China Petroleum & Chemical Corporation
  •  CEPSA
  •  Idemitsu Kosan Co.  Ltd
  •  CITGO Petroleum Corporation
  •  BP Refining & Petrochemicals GmbH

The taxonomy of the Cyclohexane industry by its scope and segmentation is as follows:

logo By Application Segmentation Analysis (Customizable)

  • Adipic Acid
  • Caprolactam
  • Solvents
  • Others

logo By End User Segmentation Analysis (Customizable)

  • Construction
  • Aerospace & Defense
  • Textiles
  • Automotive
  • Electrical & Electronics
  • Others

logo Regional Segmentation Analysis (Customizable)

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • The UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of the Middle East & Africa

Industry Major Market Players

  • Reliance Industries Limited
  •  BASF
  •  The Dow Chemical Company
  •  Chevron Phillips Chemical Company
  •  Clariant
  •  China Petroleum & Chemical Corporation
  •  CEPSA
  •  Idemitsu Kosan Co.  Ltd
  •  CITGO Petroleum Corporation
  •  BP Refining & Petrochemicals GmbH

Frequently Asked Questions

The strict regulations imposed by the governments regarding VOC emissions have helped in encouraging the manufacturers in using bio-based raw materials in the production of cyclohexane, thus providing a good opportunity for market growth.
In 2019, the market for cyclohexane was estimated to be worth $25 billion. By 2026, the market is projected to increase at a CAGR of around 4% and reach about USD 30 billion.
North America contributes notably toward the global Cyclohexane Market value
These are the major players in Cyclohexane Market are Reliance Industries Limited, BASF, The Dow Chemical Company, Chevron Phillips Chemical Company, Clariant, China Petroleum & Chemical Corporation, CEPSA, Idemitsu Kosan Co., Ltd, CITGO Petroleum Corporation, BP Refining & Petrochemicals GmbH, Others.