Cyclohexanone - Global Strategic Business Report

The global market for Cyclohexanone was valued at US$7.6 Billion in 2024 and is projected to reach US$9.5 Billion by 2030, growing at a CAGR of 3.8% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Global Cyclohexanone Market - Key Trends & Drivers Summarized

Cyclohexanone is a colorless, oily liquid with a distinctive acetone-like odor, primarily used as an industrial chemical. It serves as a crucial intermediate in the production of nylon, particularly in the synthesis of adipic acid and caprolactam, which are key components of nylon 6 and nylon 66. Beyond its role in the nylon industry, cyclohexanone is also employed as a solvent in various applications, including paints, coatings, adhesives, and inks, due to its effective dissolving properties and compatibility with numerous substances. Its versatility extends to use in the pharmaceutical and agrochemical sectors, where it functions as a precursor in the synthesis of several active ingredients and pesticides.

The production and consumption of cyclohexanone are closely linked to the demand for nylon, which finds extensive application in the automotive, textile, and packaging industries. The automotive sector, in particular, relies on nylon for the manufacture of lightweight, durable components that enhance fuel efficiency and performance. The textile industry uses nylon fibers in clothing, carpets, and industrial fabrics, while the packaging industry benefits from nylon’s strength and resistance to chemicals. Innovations in production processes, such as more efficient catalytic oxidation methods, have improved the yield and environmental sustainability of cyclohexanone manufacturing, addressing both economic and regulatory pressures.

The growth in the cyclohexanone market is driven by several factors. Firstly, the expanding automotive and textile industries are increasing the demand for nylon, thereby boosting the need for cyclohexanone as a key intermediate. Secondly, advancements in production technologies are enhancing the efficiency and sustainability of cyclohexanone manufacturing. Thirdly, the growing use of cyclohexanone as a solvent in various industrial applications is contributing to its market expansion. Lastly, the development of new applications in pharmaceuticals and agrochemicals is opening up additional avenues for cyclohexanone consumption. These factors collectively ensure the robust growth and diversification of the cyclohexanone market.

Scope of the Study

The report analyzes the Cyclohexanone market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.

Segments:

Application (Caprolactam, Adipic Acid, Solvents, Other Applications).

Geographic Regions/Countries:

World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia-Pacific; Australia; India; South Korea; Rest of Asia-Pacific; Latin America; Argentina; Brazil; Mexico; Rest of Latin America; Middle East; Iran; Israel; Saudi Arabia; UAE; Rest of Middle East; Africa.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Caprolactam Application segment, which is expected to reach US$6.3 Billion by 2030 with a CAGR of a 3.7%. The Adipic Acid Application segment is also set to grow at 4.1% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, valued at $514.4 Million in 2024, and China, forecasted to grow at an impressive 4.6% CAGR to reach $3.7 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of major players such as BASF SE, Asahi Kasei Corporation, Chevron Phillips Chemical Company LLC, Alfa Aesar, Ascend Performance Materials LLC and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Cyclohexanone Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Cyclohexanone Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Cyclohexanone Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Some of the 71 major companies featured in this Cyclohexanone market report include:

• BASF SE
• Asahi Kasei Corporation
• Chevron Phillips Chemical Company LLC
• Alfa Aesar
• Ascend Performance Materials LLC
• Axens SA
• Clariant AG
• Clp International Pte. Limited
• AdvanSix, Inc.
• Arihant Chemical
• BariteWorld
• ALPHA CHEMIKA
• CEPSA (Compania Espanola de Petroleos SAU)
• Corechem Inc.
• AquaPhoenix Scientific, Inc.