Reports
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 (2018-2028); 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 2023-2028 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.
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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: Market 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 | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| 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, 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 |
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| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR 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 Opportunities and Challenges in the Market
8 Global Cyclohexanone Market Analysis
8.1 Key Industry Highlights
8.2 Global Cyclohexanone Historical Market (2018-2022)
8.3 Global Cyclohexanone Market Forecast (2023-2028)
8.4 Global Cyclohexanone Market by Type
8.4.1 Cyclohexane
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Phenol
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
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 (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Fertilisers
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Nylon Industry
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Pharmaceuticals
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Films
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2022)
8.5.5.3 Forecast Trend (2023-2028)
8.5.6 Soaps
8.5.6.1 Market Share
8.5.6.2 Historical Trend (2018-2022)
8.5.6.3 Forecast Trend (2023-2028)
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 (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Adipic Acid
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Solvents
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Others
8.7 Global Cyclohexanone Market by Region
8.7.1 North America
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2022)
8.7.4.3 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2022)
8.7.5.3 Forecast Trend (2023-2028)
9 North America Cyclohexanone Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Cyclohexanone Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Cyclohexanone Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Cyclohexanone Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Cyclohexanone Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 DuPont de Nemours, Inc.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Exxon Mobil Corporation
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 BASF SE
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Qingdao Hisea Chem Co. Ltd
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Grupa Azoty S.A.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Ube Industries, Ltd.
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Versalis S.p.A.
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Domo Caproleuna GmbH
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 Fibrant B.V.
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Cyclohexanone Market: Key Industry Highlights, 2018 and 2028
2. Global Cyclohexanone Historical Market: Breakup by Type (USD Billion), 2018-2022
3. Global Cyclohexanone Market Forecast: Breakup by Type (USD Billion), 2023-2028
4. Global Cyclohexanone Historical Market: Breakup by End Users (USD Billion), 2018-2022
5. Global Cyclohexanone Market Forecast: Breakup by End Users (USD Billion), 2023-2028
6. Global Cyclohexanone Historical Market: Breakup by Application (USD Billion), 2018-2022
7. Global Cyclohexanone Market Forecast: Breakup by Application (USD Billion), 2023-2028
8. Global Cyclohexanone Historical Market: Breakup by Region (USD Billion), 2018-2022
9. Global Cyclohexanone Market Forecast: Breakup by Region (USD Billion), 2023-2028
10. North America Cyclohexanone Historical Market: Breakup by Country (USD Billion), 2018-2022
11. North America Cyclohexanone Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Europe Cyclohexanone Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Europe Cyclohexanone Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Asia Pacific Cyclohexanone Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Asia Pacific Cyclohexanone Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Latin America Cyclohexanone Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Latin America Cyclohexanone Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Middle East and Africa Cyclohexanone Historical Market: Breakup by Country (USD Billion), 2018-2022
19. Middle East and Africa Cyclohexanone Market Forecast: Breakup by Country (USD Billion), 2023-2028
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 2023-2028 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 2023-2028, 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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