Cyclohexane Market Research Report - Global Forecast till 2025

Global Cyclohexane Market: Information by Application (Nylon 6, Nylon 66, Polyester Polyol, and Others), by End Use (Construction, Aerospace & Defense, Textiles, Automotive, Electrical & Electronics, and Others), by Region (North America, Asia Pacific, Europe, Latin America, and Middle East & Africa)—Forecast till 2025

ID: MRFR/CnM/0584-HCR | February 2021 | Region: Global | 144 pages

Market Overview:


Cyclohexane is a flammable, and colorless liquid. It is produced by catalytic hydrogenation of benzene, and it is mainly used in the production of adipic acid and caprolactam. The increasing demand for nylon products in engineering plastics serves as a major boost for the cyclohexane industry. Over 50% of adipic acid is used to produce nylon six, while caprolactam is used to manufacture nylon 66 materials. These materials are primarily used to produce fibers, thermoplastics, plasticizers, and polyesters. Cyclohexane is produced through hydrogenation of benzene. Meanwhile, the benzene market is accounted to have a value of over 55 million tons in 2018 with a growth rate of over 4.5%. Thus, the strong application outlook of benzene along with the growing application of benzene as a feedstock to produce these chemicals is expected to boost the cyclohexane market during the forecast period.


The cyclohexane market is expected to be driven by the increasing demand for caprolactam and adipic acid. The wide range of adipic acid application in manufacturing automotive fabrics and components is expected to make major inroads in the cyclohexane market share. Furthermore, demand for cyclohexane is predicted to witness significant growth over the assessment period due to surging oil & gas industry. Benzene is the raw material used to produce cyclohexane. Rising crude oil refining processes across the globe are anticipated to drive the cyclohexane market because benzene is the byproduct produced during the refining process. Increasing automobile production and sales along with rising consumption of nylon-based light weighted automotive parts are estimated to fuel the growth of the market.


Furthermore, electrification can be a solution for air pollution and air quality and can support the decarbonization of electricity generation is helping the world meet its energy needs with less carbon is encouraging the nylon-based insulation materials market. This, in turn, is predicted to propel the growth of the cyclohexane market during the assessment period owing to new regulations and policies on controlling greenhouse gas emissions. However, implementation of strict regulations by various government bodies such as the United States Environmental Protection Agency, Tracking California, and others have restricted the use of cyclohexane due to the air pollution caused by manufacturing industries, which is likely to hamper the growth of the market.


Global Cyclohexane Market Share, By End-Use Industry, 2018 (%)


Cyclohexane


Source: MRFR Analysis


Regional Analysis:


The global cyclohexane market has been studied across five key regions, namely, Asia-Pacific, North America, Latin America, Europe, and the Middle East & Africa. Based on market value share, Asia-Pacific is estimated to hold more than one-third of the global market share and is expected to continue the dominance throughout the forecast period on account of expanding oil & gas industry.


Additionally, the increasing growth of the automotive and construction industry in the developing economies of Asia-Pacific such as India and other South East Asian countries is expected to propel the growth for cyclohexane market during the forecast period. According to the India Brand Equity Foundation (IBEF), Government of India, the construction industry of India is anticipated to grow at a CAGR of 10.5% and is expected to reach over USD 215 billion by 2020.


Furthermore, investments by various financial institution and other government agencies is expected to boost the market in the region. The Building and Construction Authority (BCA) of Singapore, in 2018, announced the growth of USD 23.48 billion by the end of 2019. Owing to these factors, the cyclohexane market is expected to propel during the forecast period.


The North America cyclohexane market is projected to witness rapid growth due to high consumption potential, increasing production capacities, and rising economic growth rate. In the North American region, the US is predicted to be the major contributor to the regional growth of cyclohexane market and is expected to see a significant demand for cyclohexane during the forecast period of 2017 to 2023. As of 2016, the US accounted for the largest market share and is followed by Canada in terms of value & volume and is estimated to grow at the moderate CAGR owing to its end use in manufacturing flexible foams for the construction industry. In Europe, the demand for cyclohexane is predicted to grow in various countries such as Italy, Germany, Spain, the UK, France, and Russia due to increased expenditure in automobiles sector owing to its end use in manufacturing automotive parts and coupled with the growing purchasing power of consumers. Latin American countries such as Argentina, Colombia, and Brazil are also predicted to witness declined growth owing to a financial crisis where their debts have crossed the incomes. Whereas in Mexico, increasing consumer spending on passenger cars as well as the involvement of new technologies and inventions in cyclohexane are anticipated to fuel the market growth.


Segmentation Analysis:


The global cyclohexane market has been segmented based on application, end-use industry, and region.


On the basis of application, the global cyclohexane market has been categorized into nylon 6, nylon 66, polyester polyol, and others.


By end-use industry, the global cyclohexane market has been divided into construction, defense, textiles, automobile, electrical & electronics, and others.


The global cyclohexane market, by region, has been segregated into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa.


Key players:


Some of the key players operating in the global cyclohexane market are Reliance Industries Limited (India), BASF (Germany), The Dow Chemical Company (US), Chevron Phillips Chemical Company (US), Clariant (Switzerland), China Petroleum & Chemical Corporation (China), CEPSA (Spain), Idemitsu Kosan Co., Ltd (Japan), CITGO Petroleum Corporation (US), and BP Refining & Petrochemicals GmbH (Germany).


Target Audience:



  • Cyclohexane manufacturers

  • Traders and distributors of cyclohexane

  • Production process industries

  • Potential investors

  • Raw material suppliers

  • Nationalized laboratory



TABLE OF CONTENTS

1 Executive Summary

2 Market Introduction

2.1 Market Definition

2.2 Scope of the Study

2.3 List of Assumptions

2.4 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

3.5 Forecast Model

4 Market Dynamics of Global Cyclohexane Market

4.1 Introduction

4.2 Drivers

4.3 Restraints

4.4 Opportunities

4.5 Challenges

4.6 Trends/Technology

5 Market Factor Analysis of Global Cyclohexane Market

5.1 Supply Chain Analysis

5.1.1 Raw Material Suppliers

5.1.2 Manufacturers/Producers

5.1.3 Distributors/Retailers/Wholesalers/E-Commerce

5.1.4 End User

5.2 Porter’s Five Forces Analysis

5.2.1 Threat of New Entrants

5.2.2 Bargaining Power of Buyers

5.2.3 Bargaining Power of Suppliers

5.2.4 Threat of Substitutes

5.2.5 Intensity of Competitive Rivalry

5.3 Pricing Analysis

6. Global Cyclohexane Market, by Application

6.1 Introduction

6.2 Nylon 6

6.2.1 Market Estimates & Forecast, 2017-–2025

6.2.2 Market Estimates & Forecast, by Region, 2017-–2025

6.3 Nylon 66

6.3.1 Market Estimates & Forecast, 2017-–2025

6.3.2 Market Estimates & Forecast, by Region, 2017-–2025

6.4 Polyester Polyol

6.4.1 Market Estimates & Forecast, 2017-–2025

6.4.2 Market Estimates & Forecast, by Region, 2017-–2025

6.5 Others

6.5.1 Market Estimates & Forecast, 2017-–2025

6.5.2 Market Estimates & Forecast, by Region, 2017-–2025

7. Global Cyclohexane Market, by End-Use Industry

7.1 Introduction

7.2 Construction

7.2.1 Market Estimates & Forecast, 2017-–2025

7.2.2 Market Estimates & Forecast, by Region, 2017-–2025

7.3 Aerospace & Defense

7.3.1 Market Estimates & Forecast, 2017-–2025

7.3.2 Market Estimates & Forecast, by Region, 2017-–2025

7.4 Textiles

7.4.1 Market Estimates & Forecast, 2017-–2025

7.4.2 Market Estimates & Forecast, by Region, 2017-–2025

7.5 Automotive

7.5.1 Market Estimates & Forecast, 2017-–2025

7.5.2 Market Estimates & Forecast, by Region, 2017-–2025

7.6 Electrical & Electronics

7.6.1 Market Estimates & Forecast, 2017-–2025

7.6.2 Market Estimates & Forecast, by Region, 2017-–2025

7.7 Others

7.7.1 Market Estimates & Forecast, 2017-–2025

7.7.2 Market Estimates & Forecast, by Region, 2017-–2025

8. Global Cyclohexane Market, by Region

8.1 Introduction

8.2 North America

8.2.1 Market Estimates & Forecast, 2017-–2025

8.2.2 Market Estimates & Forecast, by Application, 2017-–2025

8.2.3 Market Estimates & Forecast, by End-Use Industry, 2017-–2025

8.2.4 US

8.2.4.1 Market Estimates & Forecast, 2017-–2025

8.2.4.2 Market Estimates & Forecast, by Application, 2017-–2025

8.2.4.3 Market Estimates & Forecast, by End-Use Industry, 2017-–2025

8.2.5 Canada

8.2.5.1 Market Estimates & Forecast, 2017-–2025

8.2.5.2 Market Estimates & Forecast, by Application, 2017-–2025

8.2.5.3 Market Estimates & Forecast, by End-Use Industry, 2017-–2025

8.3 Europe

8.3.1 Market Estimates & Forecast, 2017-–2025

8.3.2 Market Estimates & Forecast, by Application, 2017-–2025

8.3.3 Market Estimates & Forecast, by End-Use Industry, 2017-–2025

8.3.4 Germany

8.3.4.1 Market Estimates & Forecast, 2017-–2025

8.3.4.2 Market Estimates & Forecast, by Application, 2017-–2025

8.3.4.3 Market Estimates & Forecast, by End-Use Industry, 2017-–2025

8.3.5 France

8.3.5.1 Market Estimates & Forecast, 2017-–2025

8.3.5.2 Market Estimates & Forecast, by Application, 2017-–2025

8.3.5.3 Market Estimates & Forecast, by End-Use Industry, 2017-–2025

8.3.6 Italy

8.3.6.1 Market Estimates & Forecast, 2017-–2025

8.3.6.2 Market Estimates & Forecast, by Application, 2017-–2025

8.3.6.3 Market Estimates & Forecast, by End-Use Industry, 2017-–2025

8.3.7 Spain

8.3.7.1 Market Estimates & Forecast, 2017-–2025

8.3.7.2 Market Estimates & Forecast, by Application,2017-–2025

8.3.7.3 Market Estimates & Forecast, by End-Use Industry, 2017-–2025

8.3.8 UK

8.3.8.1 Market Estimates & Forecast, 2017-–2025

8.3.8.2 Market Estimates & Forecast, by Application,2017-–2025

8.3.8.3 Market Estimates & Forecast, by End-Use Industry, 2017-–2025

8.3.9 Russia

8.3.9.1 Market Estimates & Forecast, 2017-–2025

8.3.9.2 Market Estimates & Forecast, by Application,2017-–2025

8.3.9.3 Market Estimates & Forecast, by End-Use Industry, 2017-–2025

8.3.10 Poland

8.3.10.1 Market Estimates & Forecast, 2017-–2025

8.3.10.2 Market Estimates & Forecast, by Application, 2017-–2025

8.3.10.3 Market Estimates & Forecast, by End-Use Industry, 2017-–2025

8.3.11 Rest of Europe

8.3.11.1 Market Estimates & Forecast, 2017-–2025

8.3.11.2 Market Estimates & Forecast, by Application, 2017-–2025

8.3.11.3 Market Estimates & Forecast, by End-Use Industry, 2017-–2025

8.4 Asia-Pacific

8.4.1 Market Estimates & Forecast, 2017-–2025

8.4.2 Market Estimates & Forecast, by Application, 2017-–2025

8.4.3 Market Estimates & Forecast, by End-Use Industry, 2017-–2025

8.4.4 China

8.4.4.1 Market Estimates & Forecast, 2017-–2025

8.4.4.2 Market Estimates & Forecast, by Application, 2017-–2025

8.4.4.3 Market Estimates & Forecast, by End-Use Industry, 2017-–2025

8.4.5 India

8.4.5.1 Market Estimates & Forecast, 2017-–2025

8.4.5.2 Market Estimates & Forecast, by Application, 2017-–2025

8.4.5.3 Market Estimates & Forecast, by End-Use Industry, 2017-–2025

8.4.6 Japan

8.4.6.1 Market Estimates & Forecast, 2017-–2025

8.4.6.2 Market Estimates & Forecast, by Application, 2017-–2025

8.4.6.3 Market Estimates & Forecast, by End-Use Industry, 2017-–2025

8.4.7 Australia & New Zealand

8.4.7.1 Market Estimates & Forecast, 2017-–2025

8.4.7.2 Market Estimates & Forecast, by Application, 2017-–2025

8.4.7.3 Market Estimates & Forecast, by End-Use Industry, 2017-–2025

8.4.8 Rest of Asia-Pacific

8.4.8.1 Market Estimates & Forecast, 2017-–2025

8.4.8.2 Market Estimates & Forecast, by Application, 2017-–2025

8.4.8.3 Market Estimates & Forecast, by End-Use Industry, 2017-–2025

8.5 Middle East & Africa

8.5.1 Market Estimates & Forecast, 2017-–2025

8.5.2 Market Estimates & Forecast, by Application, 2017-–2025

8.5.3 Market Estimates & Forecast, by End-Use Industry, 2017-–2025

8.5.4 GCC

8.5.4.1 Market Estimates & Forecast, 2017-–2025

8.5.4.2 Market Estimates & Forecast, by Application, 2017-–2025

8.5.4.3 Market Estimates & Forecast, by End-Use Industry, 2017-–2025

8.5.5 Israel

8.5.5.1 Market Estimates & Forecast, 2017-–2025

8.5.5.2 Market Estimates & Forecast, by Application, 2017-–2025

8.5.5.3 Market Estimates & Forecast, by End-Use Industry, 2017-–2025

8.5.6 North Africa

8.5.6.1 Market Estimates & Forecast, 2017-–2025

8.5.6.2 Market Estimates & Forecast, by Application, 2017-–2025

8.5.6.3 Market Estimates & Forecast, by End-Use Industry, 2017-–2025

8.5.7 Turkey

8.5.7.1 Market Estimates & Forecast, 2017-–2025

8.5.7.2 Market Estimates & Forecast, by Application, 2017-–2025

8.5.7.3 Market Estimates & Forecast, by End-Use Industry, 2017-–2025

8.5.8 Rest of Middle East & Africa

8.5.8.1 Market Estimates & Forecast, 2017-–2025

8.5.8.2 Market Estimates & Forecast, by Application, 2017-–2025

8.5.8.3 Market Estimates & Forecast, by End-Use Industry, 2017-–2025

8.6 Latin America

8.6.1 Market Estimates & Forecast, 2017-–2025

8.6.2 Market Estimates & Forecast, by Application, 2017-–2025

8.6.3 Market Estimates & Forecast, by End-Use Industry, 2017-–2025

8.6.4 Brazil

8.6.4.1 Market Estimates & Forecast, 2017-–2025

8.6.4.2 Market Estimates & Forecast, by Application, 2017-–2025

8.6.4.3 Market Estimates & Forecast, by End-Use Industry, 2017-–2025

8.6.5 Argentina

8.6.5.1 Market Estimates & Forecast, 2017-–2025

8.6.5.2 Market Estimates & Forecast, by Application, 2017-–2025

8.6.5.3 Market Estimates & Forecast, by End-Use Industry, 2017-–2025

8.6.6 Mexico

8.6.6.1 Market Estimates & Forecast, 2017-–2025

8.6.6.2 Market Estimates & Forecast, by Application, 2017-–2025

8.6.6.3 Market Estimates & Forecast, by End-Use Industry, 2017-–2025

8.6.7 Rest of Latin America

8.6.7.1 Market Estimates & Forecast, 2017-–2025

8.6.7.2 Market Estimates & Forecast, by Application, 2017-–2025

8.6.7.3 Market Estimates & Forecast, by End-Use Industry, 2017-–2025

9. Company Landscape

9.1 Introduction

9.2 Market Strategy

9.3 Key Development Analysis (Expansion/Merger & Acquisitions/Joint Venture/New Product Development/Agreement/Investment)

10. Company Profiles

10.1 Reliance Industries Limited

10.1.1 Company Overview

10.1.2 Financial Updates

10.1.3 Product/Business Segment Overview

10.1.4 Strategy

10.1.5 Key Developments

10.1.6 SWOT Analysis

10.2 BASF SE

10.2.1 Company Overview

10.2.2 Financial Updates

10.2.3 Product/Business Segment Overview

10.2.4 Strategy

10.2.5 Key Developments

10.2.6 SWOT Analysis

10.3 DowDuPont, Inc.

10.3.1 Company Overview

10.3.2 Financial Updates

10.3.3 Product/Business Segment Overview

10.3.4 Strategy

10.3.5 Key Developments

10.3.6 SWOT Analysis

10.4 Chevron Phillips Chemical Company

10.4.1 Company Overview

10.4.2 Financial Updates

10.4.3 Product/Business Segment Overview

10.4.4 Strategy

10.4.5 Key Developments

10.4.6 SWOT Analysis

10.5 Clariant

10.5.1 Company Overview

10.5.2 Financial Updates

10.5.3 Product/Business Segment Overview

10.5.4 Strategy

10.5.5 Key Developments

10.5.6 SWOT Analysis

10.6 China Petroleum & Chemical Corporation

10.6.1 Company Overview

10.6.2 Financial Updates

10.6.3 Product/Business Segment Overview

10.6.4 Strategy

10.6.5 Key Developments

10.6.6 SWOT Analysis

10.7 CEPSA

10.7.1 Company Overview

10.7.2 Financial Updates

10.7.3 Product/Business Segment Overview

10.7.4 Strategy

10.7.5 Key Developments

10.7.6 SWOT Analysis

10.8 Idemitsu Kosan Co., Ltd

10.8.1 Company Overview

10.8.2 Financial Updates

10.8.3 Product/Business Segment Overview

10.8.4 Strategy

10.8.5 Key Developments

10.8.6 SWOT Analysis

10.9 CITGO Petroleum Corporation

10.9.1 Company Overview

10.9.2 Financial Updates

10.9.3 Product/Business Segment Overview

10.9.4 Strategy

10.9.5 Key Developments

10.9.6 SWOT Analysis

10.10 BP Refining & Petrochemicals GmbH

10.10.1 Company Overview

10.10.2 Financial Updates

10.10.3 Product/Business Segment Overview

10.10.4 Strategy

10.10.5 Key Developments

10.10.6 SWOT Analysis

11. Conclusion

LIST OF TABLES


Table 1 Global Cyclohexane Market: by Region, 2017-–2025

Table 2 North America: Cyclohexane Market, by Country, 2017-–2025

Table 3 Europe: Cyclohexane Market, by Country, 2017-–2025

Table 4 Asia-Pacific: Cyclohexane Market. by Country, 2017-–2025

Table 5 Middle East & Africa: Cyclohexane Market, by Country, 2017-–2025

Table 6 Latin America: Cyclohexane Market, by Country, 2017-–2025

Table 7 Global Cyclohexane Application Market, by Regions, 2017-–2025

Table 8 North America: Cyclohexane Application Market, by Country, 2017-–2025

Table 9 Europe: Cyclohexane Application Market, by Country, 2017-–2025

Table10 Asia-Pacific: Cyclohexane Application Market, by Country, 2017-–2025

Table11 Middle East & Africa: Cyclohexane Application Market, by Country, 2017-–2025

Table12 Latin America: Cyclohexane Application Market, by Country, 2017-–2025

Table 13 Global Cyclohexane End-Use Industry Market, by Regions, 2017-–2025

Table14 North America: Cyclohexane End-Use Industry Market, by Country, 2017-–2025

Table15 Europe: Cyclohexane End-Use Industry Market, by Country, 2017-–2025

Table16 Asia-Pacific: Cyclohexane End-Use Industry Market, by Country, 2017-–2025

Table17 Middle East & Africa: Cyclohexane End-Use Industry Market, by Country, 2017-–2025

Table18 Latin America: Cyclohexane by End-Use Industry Market, by Country, 2016 – 2025

Table19 Global Application Market, by Region, 2017-–2025

Table20 Global End-Use Industry Market, by Region, 2017-–2025

Table21 North America: Cyclohexane Market, by Country, 2017-–2025

Table22 North America: Cyclohexane Market, by Application, 2017-–2025

Table23 North America: Cyclohexane Market, by End-Use Industry, 2017-–2025

Table24 Europe: Cyclohexane Market, by Country, 2017-–2025

Table25 Europe: Cyclohexane Market, by Application, 2017-–2025

Table26 Europe: Cyclohexane Market, by End-Use Industry, 2017-–2025

Table27 Asia-Pacific: Cyclohexane Market, by Country, 2017-–2025

Table28 Asia-Pacific: Cyclohexane Market, by Application, 2017-–2025

Table29 Asia-Pacific: Cyclohexane Market, by End-Use Industry, 2017-–2025

Table30 Middle East & Africa: Cyclohexane Market, by Country, 2017-–2025

Table31 Middle East & Africa: Cyclohexane Market, by Application, 2017-–2025

Table32 Middle East & Africa: Cyclohexane Market, by End-Use Industry, 2017-–2025

Table33 Latin America: Cyclohexane Market, by Country, 2017-–2025

Table34 Latin America: Cyclohexane Market, by Application, 2017-–2025

Table35 Latin America: Cyclohexane Market, by End-Use Industry, 2017-–2025


LIST OF FIGURES

FIGURE 1 Global Cyclohexane Market Segmentation

FIGURE 2 Forecast Research Methodology

FIGURE 3 Five Forces Analysis of Global Cyclohexane Market

FIGURE 4 Value Chain of Global Cyclohexane Market

FIGURE 5 Share of Global Cyclohexane Market in 2017, by Country

FIGURE 6 Global Cyclohexane Market, 2017-–2025,

FIGURE 7 Global Cyclohexane Market Size, by Application, 2017

FIGURE 8 Share of Global Cyclohexane Market, by Application, 2017-–2025

FIGURE 9 Global Cyclohexane Market Size, by End-Use Industry, 2017

FIGURE10 Share of Global Cyclohexane Market, by End-Use Industry, 2017-–2025