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Global Cyclohexane Market Outlook to 2029

Market Research Reports | 2024 Edition | Report ID: BQ0239
Global Cyclohexane Market Outlook to 2029

Report Description

Cyclohexane is a colorless substance processed through the catalytic hydrogenation of benzene and cracking of natural gasoline, and it plays an integral role in the manufacture of adipic acid and caprolactam, which act as the primary intermediates nylon production, its insolubility in water, cyclohexane can be worn as a solvent in chemical synthesis and several reaction diluents. According to BlueQuark Research & Consulting, the global Cyclohexane market is expected to witness a moderate growth rate during the forecasted period. Factors like increasing demand and consumption of nylon products in the textile industry as a catalyst are the root cause of fuelling the global cyclohexane market growth in the forecasted period. Further, the high demand for nylon products, adipic acid, and caprolactam is predicted to be the main driver for developing the cyclohexane industry, which is expected to propel the need for the cyclohexane market. Nylon 6 and 66 are worn to produce fibers, polyesters, thermoplastics, etc. Furthermore, growing cyclohexane applications in various industries and the rising demand for nylon products in automotive and engineered plastics are significant drivers of the global cyclohexane market growth in the forecasted periods. However, rising environmental safety and conservation concerns integrate with volatility in raw materials prices will pose a significant challenge to the development of the cyclohexane market. Strict regulations imposed by the government to curb pollution will further restrict the scope of growth for the cyclohexane market. 

Cyclohexane is employed in various end-use industries like paints & coating, automotive, textiles, construction, and thermoplastics. It is majorly used to manufacture adipic acid and caprolactam, producing nylon and as a solvent for paint, resin, and varnish. 

The cyclohexane market is mainly driven by the increasing demand for adipic acid and caprolactam, crucial elements for producing Nylon-6,6 and nylon 6. These fibers are entirely employed in the automotive and textile industries. Cyclohexane is used to manufacture adipic acid, hexamethylene diamine, and caprolactam which are further used to produce Nylon 6,6 and Nylon 6. Nylon 6 is produced by polymerizing caprolactam, and Nylon 6,6 is produced by polymerizing adipic acid and hexamethylenediamine. Nylon, an end-use product, can make a thread that can be changed into textile and clothing. Caprolactam is the primary feedstock for manufacturing nylon 6, although adipic acid is majorly used to produce nylon 66. Some of the critical applications of nylon include upholstery, furnishings and floor coverings, typewriter ribbons, nylon ropes and cordages, fishing nets, strimmer lines, carpets, umbrella cloth, sutures, conveyor belts, and others. Nylon 6 is the standard commercial grade of nylon. It is a rigid, abrasion-resistant material that possesses high tensile strength. Nylon 6 resins are worn in automotive applications, including in-car seat filling and seat covering. Multifilament nylon yarns are also utilized for reinforcing rubbers in tires. Due to the low modulus, high strength, and good abrasion resistance, nylon six and nylon 6,6 are used to produce various lightweight and sheer garments. Some of the apparel fabricated using nylon include ladies' stockings, socks, sarees, and others. Nylon fabric is also dominated by the footwear fragment, from inside to outside. Even shoe bottom can be fabricated of nylon. Therefore, the mentioned factors are expected to impact the cyclohexane market in the forecasted period significantly.

The Asia-pacific region is currently the central region accounting for the largest share in the global cyclohexane market due to the growth of the region's automotive industry and construction industry. China will dominate the Asia Pacific Cyclohexane market due to the increasing demand from end-user industries, including construction and textiles. Europe and North America follow this. The European market is driven by Germany, France, and the UK. The growth and extension of the automobile industry and other end-user verticals propel growth in the global cyclohexane market revenue. An upsurge in automobile production incorporating nylon will further create lucrative growth opportunities for the cyclohexane market. The surging demand for cyclohexane by the oil and gas industry will further accelerate the global cyclohexane revenue. Rising industrialization associated with the low cost of manufacturing cyclohexane will also directly and positively impact the market's growth rate. The surge focus of manufacturers to manufacture lightweight automotive parts and components fosters market growth in the global market. The technology development coupled with increasing investment in various end-use industries such as the automotive, textile, and construction industries are projected to boost the demand for cyclohexane during the forecast period. Additionally, the rising market for high-performance thermoplastics that incorporate nylon as a base material due to its characteristics features like high tensile strength, low coefficient of friction, and friction to heat, chemicals, and abrasion is awaited propel the demand for cyclohexane.

The global Cyclohexane market is fragmented. The major players in the worldwide styrene market are The Dow Chemical Company, DuPont, Inc., BASF SE, Exxon Mobil Corporation, Chevron Phillips Chemical Company, Merck KGaA, among others.

In August 2021, Invista Nylon Chemicals Co announced plans to invest over $235 million to double the production of nylon 6,6 polymer at Shanghai Chemical Industry Park to meet the strong demand for engineering plastics in electrical and other industries. 

In September 2020, National Renewable Energy Laboratory  Researchers shared 40 Million USD with partners to scale next generations' biotechnologies. One such beginning would be to convert corn stover into cyclohexane-rich sustainable aviation fuel. Idaho National Laboratory would initialize the corn stover and ship it to National Renewable Energy Laboratory. It was converted using NREL's dilute alkali deacetylation and mechanical refining process for manufacturing lignin. This lignin would then be transformed to a cyclohexane-based SAF blendstock at the University of North Dakota (UND) using catalysts evolved at Washington State University (WSU).

Global Cyclohexane Market report provides deep insight into the current and future state of the Cyclohexane market across various regions. The study comprehensively analyzes the Cyclohexane market by segmenting based on application (Nylon 6, Nylon 66, Polyester Polyol, and other applications), end-use industry (Aerospace and defense, automotive, construction, electrical and electronics, textiles, and other applications), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report examines the market drivers and restraints and the impact of Covid-19 on market growth. The study covers & includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with profiles of prominent companies, including their market shares and projects.

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  Table of Contents

 

  This report helps to:-

  • Gain a deeper understanding of the impact of coronavirus on the Global Cyclohexane market
  • Equip yourself with rigorous analysis and forward-looking insight into the Cyclohexane market across various regions
  • Evaluate the attractiveness and state of competition in the industry to identify opportunities and develop strategy
  • Gain understanding of uncertainty and discover how the most influential growth drivers and restraints in the regions will impact market development
  • Assess market data and forecasts to understand how the demand for Cyclohexane evolve over the next five years across various regions
  • Gain a comprehensive view of the emerging market trends and developments to assess market opportunities
  • Be better informed of your competition by gaining access to detailed information and analysis of key industry players
  • Keep on top of M&A developments, JVs, and other agreements to assess the evolving competitive landscape and enhance your competitive position

  Tables and charts

Global Cyclohexane Market, in USD Million, 2017-2027

Nylon 6 – Cyclohexane Market, in USD Million, 2017-2027

Nylon 66 – Cyclohexane Market, in USD Million, 2017-2027

Polyester Polyol  – Cyclohexane Market, in USD Million, 2017-2027

Other Applications– Cyclohexane Market, in USD Million, 2017-2027

Aerospace and defense– Cyclohexane Market, in USD Million, 2017-2027

Automotive– Cyclohexane Market, in USD Million, 2017-2027

Construction   – Cyclohexane Market, in USD Million, 2017-2027

Electrical and Electronics– Cyclohexane Market, in USD Million, 2017-2027

Textiles  – Cyclohexane Market, in USD Million, 2017-2027

Others end-use industry – Cyclohexane Market, in USD Million, 2017-2027

North America - Cyclohexane Market, in USD Million, 2017-2027

Europe – Cyclohexane Market, in USD Million, 2017-2027

Asia-Pacific - Cyclohexane Market, in USD Million, 2017-2027

South America - Cyclohexane Market, in USD Million, 2017-2027

Middle East & Africa - Cyclohexane Market, in USD Million, 2017-2027

Other Supporting Charts

Cyclohexane - Market Share of Key Companies in 2019

Nylon 6 Industry Growth Data, 2013-2019

Construction Industry Growth Data, 2013-2019

Automotive Industry Growth Data, 2013-2019

  Who need this report?

  • Cyclohexane Manufacturing Companies
  • Suppliers, distributors of Cyclohexane 
  • Raw material providers
  • Government Bodies and Industry Associations
  • Investor Community
  • Financing Companies
  • Others

  What's included

Report - Global Cyclohexane Market Outlook to 2027.pdf
Market Data - Global Cyclohexane Market Outlook to 2027.xls

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