Cyclohexanone Global Market to Reach $9.5 Billion by 2030: Growing Use of Cyclohexanone in Caprolactam Production to Propel Future Demand
Global Market for Cyclohexanone
Dublin, Feb. 28, 2023 (GLOBE NEWSWIRE) -- The "Cyclohexanone: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Cyclohexanone estimated at US$7 Billion in the year 2022, is projected to reach a revised size of US$9.5 Billion by 2030, growing at a CAGR of 3.9% over the analysis period 2022-2030.
Caprolactam, one of the segments analyzed in the report, is projected to record a 3.7% CAGR and reach US$6.3 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Adipic Acid segment is readjusted to a revised 4.1% CAGR for the next 8-year period.
The U.S. Market is Estimated at $481.3 Million, While China is Forecast to Grow at 4.6% CAGR
The Cyclohexanone market in the U.S. is estimated at US$481.3 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$3.7 Billion by the year 2030 trailing a CAGR of 4.6% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.3% and 3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$2.7 Billion by the year 2030.
Select Competitors (Total 71 Featured) -
Arihant Solvents and Chemicals
Chevron Phillips Chemical Company LLC.
Domo Chemicals GmbH
Gujarat State Fertilizers & Chemicals Limited (GSFC)
Honeywell International Inc.
Idemitsu Kosan Co., Ltd.
Qingdao Hisea Chem Co. Ltd.
Reliance Industries Limited
What`s New for 2023?
Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and Research Platform
Complimentary updates for one year
No. of Pages
2022 - 2030
Estimated Market Value (USD) in 2022
Forecasted Market Value (USD) by 2030
Compound Annual Growth Rate
Key Topics Covered:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Impact of COVID-19 Pandemic and Looming Global Recession
Year 2021 in Review and Near-term Outlook
Prolonged Pandemic, Ukraine-Russia Conflict and Ensuing Economic Disruptions Impact Growth Outlook
World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2021, 2022 and 2023
Chemical Industry Confronts Challenging Times Amidst the COVID-19 Outbreak
Global Chemicals & Minerals Market Growth Outlook (in %) for Years 2019 through 2025
COVID-19-Induced Disruptions Impact Cyclohexanone Market
An Introduction to Cyclohexanone
Global Market Prospects & Outlook
Substantial Demand for Nylon Promises Growth
Market Benefits from Increasing Chemical Solvent Demand
Caprolactam & Adipic Acid Claim Lion's Share of Cyclohexanone Market
Asia-Pacific to Emerge as Star Contributor to Global Cyclohexanone Market
Cyclohexanone - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Growing Use of Cyclohexanone in Caprolactam Production to Propel Future Demand
Global Caprolactam Market by Raw Material (in %) for 2022E
Nylon Fabric Demand from Textile Industry Augments Revenue Growth
Caprolactam Use in Nylon 6 Production to Impact Cyclohexanone Market
Global Caprolactam Market Breakdown by End Product (in %) for 2022E
Adipic Acid Production Trends Influence Demand for Cyclohexanone
Global Adipic Acid Production: Percentage Breakdown by Raw Material for 2022E
Nylon 6,6: The Leading Application Market for Adipic Acid to Present Demand Opportunities for Cyclohexanone
Global Adipic Acid Market by Application (%) for 2022E
Global Nylon 6,6 Market Breakdown by End-Use (%) for 2022E
As the Most Adaptable Engineering Thermoplastic, Nylon to Drive Demand for Cyclohexanone
Focus on Lightweight and Fuel Efficient Vehicles Drives Use of Nylon: Potential for Market Growth
Post Pandemic, Massive Interest in Lightweighting Will Create Interest in Innovative Lightweight Composite Nylon Resins: Global Automotive Lightweight Materials Market (In US$ Billion) for the Years 2022, 2024 & 2026
Rising Significance of Cyclohexanone as a Versatile Solvent Bodes Well for Future Growth Prospects
Demand for Solvents in Major End-Use Industries: A Key Factor Determining Cyclohexanone Market Outlook
Global Solvents Market: Annual Sales in Thousand Metric Tons by Geographic Region for Years 2020 and 2027
Pandemic Impact on Solvents Affects Demand for Cyclohexanone
Global Paints & Coatings Market: Sales in US$ Billion for the Years 2018-2021
Emergence of Bio-Based Substitutes Presents Challenge for Cyclohexanone Market
Research Focus on Phenol's Selective Hydrogenation
Cyclohexanone: Risks & Hazards Impede Market Growth
Cyclohexanone Prices Exhibit Volatility across Regions
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
For more information about this report visit https://www.researchandmarkets.com/r/vpgrnc
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