Title: Cyclohexanone Prices, News, Market Analysis | ChemAnalyst
1Cyclohexanone Prices Overview
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Market Overview For the Quarter Ending March
2021 North America The North American market
encountered a severe shortage of feedstock
chemicals to produce chemical products, under
devastating weather conditions. Several plants
remained idle either due to weather conditions or
due to the shortage of upstream chemicals.
Meanwhile, Cyclohexanone had a firm demand from
the downstream sectors like Adipic Acid, despite
of the fact that there were several plants
outages observed during this period. Under
critical material shortage, price of
Cyclohexanone rose effectively from USD 1040/MT
and reached USD 1120/MT during January-March
timeframe. Get more info https//www.chemanalyst
.com/Pricing-data/cyclohexanone-1136
2Cyclohexanone Prices Overview
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Asia The Asian market faced back-to-back hikes
in the Cyclohexanone prices during the first
quarter. Demand for Cyclohexanone from the
downstream Adipic Acid producers remained stable,
strengthened by the buoyant Nylon industry.
Firming crude oil, battered with huge hike in
container and freight cost, supported the prices
of Cyclohexanone across Asia. Cyclohexanone
gained by double digits, surging by more than 23
in the Indian market and nearly 67 in the
Chinese market. Europe Demand for
Cyclohexanone in the European market remained low
as operational cuts at the downstream sectors
dented the overall dynamics. In Germany, several
plants outages were reported due to unfavourable
weather conditions forcing some plants to remain
shut including those manufacturing Adipic Acid,
which reduced the requirement of Cyclohexanone.
In addition, transportation lags also impacted
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3 Cyclohexanone Prices Overview
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Methodology ChemAnalyst gathers information
through primary research surveys conducted with
various Cyclohexanone manufacturers, spread
across the domestic and international market,
suppliers and dealers/distributors to gain
insights into value-chains and demand-supply
scenario to assess the market situation. Thorough
study of companys annual reports and secondary
sources such as exhaustive search on credible
paid databases, including our internal database
is done to verify the information. All the
collected information is analyzed, evaluated and
presented in chronological order to depict a
meaningful and clear picture of the concerned
market. Our dedicated team of industry experts
comprehensively monitors and analyzes various
aspects of the Global Cyclohexanone market. The
team analyzes various industrial segments,
strategic viewpoints and provides an analysis of
the industrys performance in the long run. This
would enable our clients in efficiently plan
their future investments, mitigate risk,
understand the cost dynamics and strike out a
balance amidst market volatility. Critical
examination of the impact of COVID-19 pandemic on
the global supply chains and shift in demand
patterns with change in buying behavior of
consumers across the globe. Several ongoing
development projects across industries are
tracked, followed by the details of major
projects in the development stage, which can
positively or negatively influence Global
Cyclohexanone market. Pricing is captured
through exhaustive primary interviews with
domestic and international manufacturers, traders
and importers and customers on monthly and yearly
basis. Finally, region-specific markets for
Cyclohexanone are analyzed and region-wise demand
pattern is tracked.
4Cyclohexanone Prices Overview
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- About
- Cyclohexanone is a six-carbon cyclic molecule
with a ketone functional group. The product has
an odor similar to that of acetone. It is widely
demanded in various end-use industries due to its
soluble nature. Cyclohexanone is majorly utilized
to produce Adipic Acid. Besides, it even finds
extensive applications in several other fields
like the pesticide industry, paints industry,
adhesives industry and others. The product is
slightly soluble in water and miscible with
common organic solvents. Cyclohexanone is derived
from the oxidation of Cyclohexane using cobalt
salts. Cyclohexanone is produced as a by-product
in the manufacturing process of Cyclohexanol. In
the laboratory, Cyclohexanone can be manufactured
from Cyclohexanol by oxidation with Chromium
Trioxide. DuPont de Nemours, Asahi Kasei,
Formosa Plastic Group, Lipeng Corporation Ltd.,
and Rhodia S.A. are some of the major
manufacturers of Cyclohexanone. - Product Specific Details
-
- CAS No. 62-53-3 HS Code 29214110 Grade Techni
cal Packaging Size Drum/tank Incoterms CFR,
FOB, Ex-Works, Bulk Contracted, Spot -
- Countries Covered
-
- APAC China, Japan, India, South Korea,
Singapore - Europe Germany, France, Belgium
- America USA, Brazil
- MEA Saudi Arabia, UAE, South Africa
5 Cyclohexanone Prices Overview
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