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Global Cyclohexanone Market: By Type: Cyclohexane, Phenol; By End Users: Paints and Dyes, Fertilisers, Nylon Industry, Pharmaceuticals, Films, Soaps, Others; By Application: Caprolactam, Others; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Cyclohexanone Market Outlook

The global cyclohexanone market attained a value of about USD 7.73 billion in 2020. The market is further expected to grow in the forecast period of 2022-2027 at a CAGR of 3.44% to reach nearly USD 9.47 billion by 2026.

 

Rising Use of Cyclohexanone in the Nylon Industry Driving the Market Growth

The use of cyclohexanone as a raw material in the production of adipic acid is augmenting the growth of the market. The extensive use of adipic acid in manufacturing activities in various industries, especially the nylon industry, is driving the market growth. Moreover, the rising use of food-grade adipic acid as gelling and leavening agents in the food and beverage industry is augmenting the market for cyclohexanone. As the nylon industry is witnessing robust growth, the demand for cyclohexanone as a raw material is increasing. The wide use of nylon in commercial and industrial applications is fuelling the market for cyclohexanone. In addition, the growing demand for polymers such as polyurethane and polyvinyl chloride, among others, is also increasing the demand for nylon, which is fuelling the growth of the cyclohexanone industry.

 

Cyclohexanone: Industry Definition and Segmentation

Cyclohexanone is an organic compound that uses a six-carbon cyclic molecule with a ketone functional group. It is a colourless liquid and is highly soluble in water. It is used in various commercial and industrial applications and finds major applications in the paints and coating industry and the food and pharmaceuticals industry.

The major types of cyclohexanone are:

  • Cyclohexane
  • Phenol

The market can be broadly categorised on the basis of its end users into:

  • Paints and Dyes
  • Fertilisers
  • Nylon Industry
  • Pharmaceuticals
  • Films
  • Soaps
  • Others

By application segments, the market is divided into:

  • Caprolactam
  • Adipic Acid
  • Solvents
  • Others

The EMR report looks into the regional markets of cyclohexanone like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Growing Demand for Cyclohexanone as a Solvent to Propel the Market Growth

The increasing demand for solvents in the paint industry is surging the deployment of cyclohexanone, which is invigorating the growth of the market. As the demand for optimal consistency to effectively paint surfaces is surging, the use of cyclohexanone is increasing. Moreover, the development of innovative and durable paints that can withstand extreme weather conditions is increasing the utilisation of solvents, hence fuelling the growth of the cyclohexanone industry. In addition, the growing use of cyclohexanone as a solvent and antiseptic in the cosmetics and personal care industry is providing further impetus to the growth of the market. The market growth can further be attributed to the growing demand for cyclohexanone in the pharmaceuticals industry. The rising demand for flexible packaging is surging the utilisation of cyclohexanone, thus significantly contributing to the market growth.

 

Key Industry Players in the Global Cyclohexanone Market

The report presents a detailed analysis of the following key players in the global cyclohexanone market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • DuPont de Nemours, Inc.
  • Exxon Mobil Corporation
  • BASF SE
  • Qingdao Hisea Chem Co. Ltd
  • Grupa Azoty S.A.
  • Ube Industries, Ltd.
  • Versalis S.p.A.
  • Domo Caproleuna GmbH
  • Fibrant B.V.
  • Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

REPORT FEATURES DETAILS
Base Year 2021
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and
Forecast Market Analysis by Segment- Type, End Users, Application, Region
Breakup by Type Cyclohexane, Phenol
Breakup by End Users Paints and Dyes, Fertilisers, Nylon Industry, Pharmaceuticals, Films, Soaps, Others
Breakup by Application Caprolactam, Adipic Acid, Solvents, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered DuPont de Nemours, Inc., Exxon Mobil Corporation, BASF SE, Qingdao Hisea
Chem Co. Ltd, Grupa Azoty S.A., Ube Industries, Ltd., Versalis S.p.A., Domo Caproleuna GmbH, Fibrant B.V., Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Cyclohexanone Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Cyclohexanone Historical Market (2017-2021) 
    8.3    Global Cyclohexanone Market Forecast (2022-2027)
    8.4    Global Cyclohexanone Market by Type
        8.4.1    Cyclohexane
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Phenol
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
    8.5    Global Cyclohexanone Market by End Users
        8.5.1    Paints and Dyes
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Fertilisers
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
        8.5.3    Nylon Industry
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2017-2021)
            8.5.3.3    Forecast Trend (2022-2027)
        8.5.4    Pharmaceuticals
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2017-2021)
            8.5.4.3    Forecast Trend (2022-2027)
        8.5.5    Films
            8.5.5.1    Market Share
            8.5.5.2    Historical Trend (2017-2021)
            8.5.5.3    Forecast Trend (2022-2027)
        8.5.6    Soaps
            8.5.6.1    Market Share
            8.5.6.2    Historical Trend (2017-2021)
            8.5.6.3    Forecast Trend (2022-2027)
        8.5.7    Others
    8.6    Global Cyclohexanone Market by Application
        8.6.1    Caprolactam
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2017-2021)
            8.6.1.3    Forecast Trend (2022-2027)
        8.6.2    Adipic Acid
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2017-2021)
            8.6.2.3    Forecast Trend (2022-2027)
        8.6.3    Solvents
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2017-2021)
            8.6.3.3    Forecast Trend (2022-2027)
        8.6.4    Others
    8.7    Global Cyclohexanone Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    DuPont de Nemours, Inc.
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Exxon Mobil Corporation
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    BASF SE
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Qingdao Hisea Chem Co. Ltd
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    Grupa Azoty S.A.
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Ube Industries, Ltd.
            12.2.6.1    Company Overview
            12.2.6.2    Product Portfolio
            12.2.6.3    Demographic Reach and Achievements
            12.2.6.4    Certifications
        12.2.7    Versalis S.p.A.
            12.2.7.1    Company Overview
            12.2.7.2    Product Portfolio
            12.2.7.3    Demographic Reach and Achievements
            12.2.7.4    Certifications
        12.2.8    Domo Caproleuna GmbH
            12.2.8.1    Company Overview
            12.2.8.2    Product Portfolio
            12.2.8.3    Demographic Reach and Achievements
            12.2.8.4    Certifications
        12.2.9    Fibrant B.V.
            12.2.9.1    Company Overview
            12.2.9.2    Product Portfolio
            12.2.9.3    Demographic Reach and Achievements
            12.2.9.4    Certifications
        12.2.10    Others
13    Industry Events and Developments

 

List of Figures and Tables

1.    Global Cyclohexanone Market: Key Industry Highlights, 2016 and 2026
2.    Global Cyclohexanone Historical Market: Breakup by Type (USD Billion), 2017-2021
3.    Global Cyclohexanone Market Forecast: Breakup by Type (USD Billion), 2022-2027
4.    Global Cyclohexanone Historical Market: Breakup by End Users (USD Billion), 2017-2021
5.    Global Cyclohexanone Market Forecast: Breakup by End Users (USD Billion), 2022-2027
6.    Global Cyclohexanone Historical Market: Breakup by Application (USD Billion), 2017-2021
7.    Global Cyclohexanone Market Forecast: Breakup by Application (USD Billion), 2022-2027
8.    Global Cyclohexanone Historical Market: Breakup by Region (USD Billion), 2017-2021
9.    Global Cyclohexanone Market Forecast: Breakup by Region (USD Billion), 2022-2027
10.    North America Cyclohexanone Historical Market: Breakup by Country (USD Billion), 2017-2021
11.    North America Cyclohexanone Market Forecast: Breakup by Country (USD Billion), 2022-2027
12.    Europe Cyclohexanone Historical Market: Breakup by Country (USD Billion), 2017-2021
13.    Europe Cyclohexanone Market Forecast: Breakup by Country (USD Billion), 2022-2027
14.    Asia Pacific Cyclohexanone Historical Market: Breakup by Country (USD Billion), 2017-2021
15.    Asia Pacific Cyclohexanone Market Forecast: Breakup by Country (USD Billion), 2022-2027
16.    Latin America Cyclohexanone Historical Market: Breakup by Country (USD Billion), 2017-2021
17.    Latin America Cyclohexanone Market Forecast: Breakup by Country (USD Billion), 2022-2027
18.    Middle East and Africa Cyclohexanone Historical Market: Breakup by Country (USD Billion), 2017-2021
19.    Middle East and Africa Cyclohexanone Market Forecast: Breakup by Country (USD Billion), 2022-2027
20.    Global Cyclohexanone Market Structure

Key Questions Answered in the Report

In 2020, the global cyclohexanone market attained a value of nearly USD 7.73 billion.

The market is projected to grow at a CAGR of 3.44% between 2021 and 2026.

The market is estimated to witness a healthy growth in the forecast period of 2022-2027 to reach about USD 9.47 billion by 2026.

The market is being aided by the growing demand for adipic acid, and the rising use of nylon in various commercial and industrial applications.

The industry is anticipated to be augmented by the growing demand for solvents, the increasing use of cyclohexanone in the cosmetics and personal care industry, and the growing demand for flexible packaging in the pharmaceuticals industry.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The major types of cyclohexanone in the industry are cyclohexane and phenol.

The significant end users in the market are paints and dyes, fertilisers, nylon industry, pharmaceuticals, films, and soaps, among others.

The various application segments of cyclohexanone are caprolactam, adipic acid, and solvents, among others.

The major players in the industry are DuPont de Nemours, Inc., Exxon Mobil Corporation, BASF SE, Qingdao Hisea Chem Co. Ltd, Grupa Azoty S.A., Ube Industries, Ltd., Versalis S.p.A., Domo Caproleuna GmbH, and Fibrant B.V., among others.

Analyst Review

The global cyclohexanone market attained a value of nearly USD 7.73 billion in 2020, driven by the growing demand for adipic acid. Aided by the growing demand for flexible packaging in the pharmaceuticals industry, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 3.44%. The market is projected to reach about USD 9.47 billion by 2026.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the cyclohexanone industry can be segmented into cyclohexane and phenol. On the basis of end users, the industry is divided into paints and dyes, fertilisers, nylon industry, pharmaceuticals, films, and soaps, among others. By application, the market is segmented into caprolactam, adipic acid, and solvents, among others. The major regional markets for cyclohexanone are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include DuPont de Nemours, Inc., Exxon Mobil Corporation, BASF SE, Qingdao Hisea Chem Co. Ltd, Grupa Azoty S.A., Ube Industries, Ltd., Versalis S.p.A., Domo Caproleuna GmbH, and Fibrant B.V., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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