Global Cyclohexane Market

Global cyclohexane market is projecting a rise in estimated value by 2026, registering a steady CAGR of 5.2% in the forecast period of 2019-2026. Cyclohexane, which is also a cycloalkane and an organic compound, is a cyclic form of hexane consist of 6 carbon atoms, exists in colourless and liquid state at room temperature and pressure. Cyclohexane widely used in the production of adipic acid for industrial purpose. Cyclohexane has applications in many industries such as oil and gas, automobiles, textile, coatings and paintings and others. Cyclohexane is also used as a non-polar organic solvent.

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Major Market Competitors:

Few of the major competitors currently working in the global cyclohexane market are Huntsman International LLC, Chevron Phillips Chemical Company, Sunoco, Exxon Mobil Corporation, DuPont de Nemours, Inc., BASF SE, Dow, Clariant, Cepsa, Idemitsu Kosan Co.,Ltd., BP p.l.c., Merck KGaA,, Liaoning Yufeng Chemical Co. ltd., PTT Global Chemical Public Company Limited, REE ATHARVA LIFESCIENCE PVT. LTD, Reliance Industries Limited, SHCHEKINOAZOT and others

Market Segmentations:

• By Application (Adipic Acid, Caprolactam, Other Applications),
• By End User Industry (Automotive, Paints and Coatings, Textile, Construction, Others),
• By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

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Market Drivers:

• Rise in the consumption for nylon products act as a catalyst for the market growth
• Surge in oil and gas industry would enhance the market growth
• Low cost of production can boost the growth of the market
• Increase in automobile production which utilizes nylon has driven the growth

Market Restraint:

• Stringent regulations and norms by governmental bodies to curb down pollution might hamper the market

Key Insights in the report:

• Complete and distinct analysis of the market drivers and restraints
• Key market players involved in this industry
• Detailed analysis of the market segmentation
• Competitive analysis of the key players involved

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