Cyclohexanone Market PMI
Cyclohexanone Market, By End-Use (Textile Industry, Printing & Dying Industry, Pharmaceutical, Agricultural Industry, and Others),
COVINA, CALIFORNIA, UNITED STATES, April 17, 2023/EINPresswire.com/ — The cyclohexanone market is a growing industry that is driven by the increasing demand for nylon fibers, plastics, and resins. Cyclohexanone is a clear, colorless liquid with a slightly sweet odor and is primarily used as a solvent in the production of various chemicals, including adipic acid and caprolactam, which are key components of nylon fibers. Additionally, cyclohexanone is used in the production of paints, coatings, and adhesives, and as a cleaning agent in various industrial applications. The market is expected to grow as the demand for nylon fibers and plastics increases, particularly in developing regions such as Asia-Pacific and the Middle East. The cyclohexanone market is highly competitive, with major players including Solvay, BASF, and Evonik Industries.
• FORMAT:(PDF)
• NO OF PAGES:148
BASEYEAR: 2022
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Analyst View:
The cyclohexanone market is expected to experience steady growth over the coming years, driven by the increasing demand for nylon fibers, plastics, and resins. The market is expected to see growth particularly in developing regions such as Asia-Pacific and the Middle East, where industrialization and urbanization are driving demand for these materials. In addition, the use of cyclohexanone as a solvent in the production of chemicals such as adipic acid and caprolactam is expected to continue to drive demand.
However, the cyclohexanone market is also subject to certain challenges, such as the volatility of raw material prices and the impact of regulatory requirements on the production and use of chemicals. Additionally, the increasing focus on sustainability and environmental concerns may also impact the demand for cyclohexanone in the long term.
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Scope of report:
1. Cyclohexanone Market, By Application, 2020 – 2029, (US$ Mn)
o Overview
Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2029
Y-o-Y Growth Analysis (%), 2020 – 2029
Segment Trends
o Nylon Production
Overview
Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
o Solvent
Overview
Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
2. Cyclohexanone Market, By End-user, 2020 – 2029, (US$ Mn)
o Overview
Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2029
Y-o-Y Growth Analysis (%), 2020 – 2029
Segment Trends
o Textile Industry
Overview
Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
o Printing & Dying Industry
Overview
Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
o Pharmaceutical
Overview
Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
o Agricultural Industry
Overview
Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
o Others
Overview
Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
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Competitive Landscape:
• Dow chemicals
• Gujarat State Fertilizers & Chemicals
• Sinopec Limited
• BASF
• Domo chemicals
• Shreeji Chemicals
• Fibrant
• jigchem Universal
• Innova Corporate
• Arihant chemicals
Cyclohexanone Market by trend:
One major trend in the cyclohexanone market is the increasing focus on sustainability and environmentally friendly production processes. Many companies in the industry are investing in research and development to create more sustainable production methods that minimize waste and reduce carbon emissions. Additionally, there is growing demand for eco-friendly products and materials, which is driving companies to develop more sustainable solutions.
Another trend in the cyclohexanone market is the shift towards digitalization and automation in production processes. The use of advanced technologies such as artificial intelligence, robotics, and big data analytics is becoming more prevalent in the industry, which is helping to optimize production processes and increase efficiency.
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Shweta Raskar
Prophecy Market Insights
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