Cyclohexanone Market Size, Share, Growth Trend, Leading Players Updates, Future Plans, Business Prospects and Opportunity Assessment 2024

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Cyclohexanone Market Research Report - Forecast
to 2024
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2024
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Cyclohexanone Market Research Report- Forecast to
2024
Cyclohexanone Market - Overview
The Global Cyclohexanone Market is projected to
exhibit a CAGR of over 8.6 during the forecast
period, owing to the increasing application of
Cyclohexanone in numerous end-use industries such
as textile, healthcare, paints and coatings,
agricultural, and others. These compounds, about
95, are majorly used in the production of nylon.
Additionally, the Global Cyclohexanone Market is
expected to grow due to the rise in the personal
protective clothing sector in recent years. The
increasing application of Cyclohexanone compound
in nylon is expected to boost the cyclohexanone
market share during the forecast period.
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Cyclohexanone Market Research Report- Forecast to
2024
Segmental Analysis
The Global Cyclohexanone Market Report has been
segmented based on Application and End-Use
Industry. Based on Application, the Global
Cyclohexanone Industry has been segmented into
nylon, paints, lacquers metal polishing,
herbicides insecticides, pharmaceutical drugs,
and others. Nylon is expected to attract the
majority of the traction in the market, as 95 of
the Cyclohexanone produced across the globe is
used to produce nylon 6 and nylon 6,6. These
products, due to their high melting points and
excellent resistance to wear find application in
sportswear, aesthetic apparels, automotive
interior, and others. The nylon market is
expected to cross 35 billion by 2023, which is
subjected to the growth of electronics,
automotive, packaging, consumer packaged goods
(CPG), and plastic products industries in
developing regions such as South-East Asia and
the Middle East Africa. For instance, in the
automotive industry, top players such as GM,
Volkswagen, Toyota, and Ford use Nylon 6 for
engine components which include bearing,
bushings, oil containers, fuse boxes, crankcases,
timing belts, and cylinder head covers.
Furthermore, Nylon 66 has excellent wear
resistance and lower moisture absorption
properties, which makes it ideal for use in the
electronics industry. Thus, owing to these
factors, the nylon segment is expected to witness
significant growth during the forecast
period. Based on End-Use Industry, the Global
Cyclohexanone Market has been segmented into
textile, agriculture, paints coatings,
healthcare, and others. The textile segment in
2018 accounted for the largest market share in
terms of volume and is expected to maintain its
dominance throughout the forecast period. This
demand is attributed to the rise in demand for
technical textile in the end-use industries such
as automotive, construction, and packaging
industries. The use of technical textile is
increasing due to excellent wear resistance and
high moisture absorption properties, and it acts
as an insulator. Moreover, Cyclohexanone as a dye
provides excellent uniformity of coloration,
perspiration, and increases dimension stability
to the textile end-product. Owing to these
factors, the textile segment is expected to gain
major traction in the Global Cyclohexanone Market
during the forecast period.View Full Press
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orts/cyclohexanone-market-8129

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Cyclohexanone Market Research Report- Forecast to
2024
Regional Outlook
The global cyclohexanone market has been studied
across five key regions, namely Asia-Pacific,
North America, Latin America, Europe, and the
Middle East Africa. Based on market volume
share, Asia-Pacific held over 30 of the global
cyclohexanone market share in 2018, and is
expected to continue the dominance throughout the
forecast period owing to the growing demand in
the textile industry in Taiwan, Japan, and India
coupled with the growth of the healthcare and the
paints coatings industries. The technical
textile sector has expanded by 20 from 2017 in
Asia and is further expected to grow at a
significant rate according to the Ministry of
Textiles, India. According to the India Brand
Equity Foundation (IBEF), the textile exports is
expected to capture over USD 86 billion by 2022,
while the textile industry in India is expected
grow over USD 300 billion by 2020. The high
volume of production of finished products in
China is further expected to boost the market in
Asia-Pacific. Thus, owing to the rising per
capita income, favorable demographics and a shift
towards branded products is expected to boost the
cyclohexanone market during the forecast period
in Asia-Pacific. In North America, the textile
industry is gaining traction, however in a static
manner. The growth of polyesters in the North
America market is a major threat to the growth of
cyclohexanone in the region during the forecast
period. The European and the Middle East
African markets are expected to register high
CAGR due to the growing textile, agriculture, and
healthcare industries. The market in Latin
American is expected to grow mainly due to the
growth in infrastructure development in the
region and the use of paints, lacquers, and metal
varnishes for construction and building purposes.
Thus, these factors are expected to boost the
cyclohexanone market in the respective regions.
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Cyclohexanone Market Research Report- Forecast to
2024
Major Players in this Research

• Cyclohexanone Market Prominent Players
• Arkema (France)
• Eastman Chemical Company (US)
• Kawaguchi Chemical Co., Ltd (Japan)
• ACE CHEMICAL CORP (China)
• Keeneyes Inc. (China)
• Shanghai Mintchem Development Co, Ltd (China)
• Lanzhou Auxiliary Agent Plant Co., Ltd (China)
• Asahi Kasei Corporation (Japan)
• Sigma-Aldrich (US)
• Henan Haofei Chemical Co, Ltd (China)

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