Press release
Future Scope Of Global Cyclohexanone Market 2025 By Top Key Players Profiled: Domo chemicals, Shreeji Chemicals, Fibrant, jigchem Universal, Innova Corporate
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Company Profiles:
1. Dow chemicals
2. Gujarat State Fertilizers & Chemicals
3. Domo chemicals
4. Shreeji Chemicals
5. Fibrant
6. jigchem Universal
7. Innova Corporate
8. Arihant chemicals
Cyclohexanone is widely used as an organic solvent, it is capable of dissolving nitrocellulose, cellulose ethers, PVC, poly(methyl methacrylate), polyvinyl acetate, polystyrene, phenol resin, coumarone resin, modified phenol resin, and various natural resins. It is widely used for solvent, coating owing to its superior properties which include mutual solubility, low volatility, good dissolvability, and low toxicity. Global ink and coating industry may surpass at over USD 45 billion by the year 2023 cyclohexanone are used in printing ink as a solvent which may drive the cyclohexanone market growth.
Cyclohexanone Market, By Application, 2014-2025 (Tons) (USD Million)
o Nylon Production
o Solvent
Cyclohexanone Market, By End-Use, 2014-2025 (Tons) (USD Million)
o Textile Industry
o Printing and Dying Industry
o Pharmaceutical
o Agricultural Industry
o Others
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North America led by Canada, Mexico, and the U.S. cyclohexanone market shall witness notable growth during the foreseeable timeframe. Growth of lubricants owing to rising demand for automobiles is the key factor driving the regional market size. The U.S. lubricant market size in 2018 was valued at over USD 19.5 billion. The product is used as a solvent for piston-type lubricating oils, as a solvent for waxes, greases, and rubbers thereby driving the regional product demand.
Europe cyclohexanone market size led by Germany, France, UK, and Italy shall register a substantial growth during the forecast timeframe. Increasing demand for adhesives in the automobile sector owing to their overheating and friction reduction action in engines is likely to drive the regional product demand. Germany automotive adhesives market is expected to account at over USD 1.5 billion by 2023. The product is used as an organic solvent in adhesives thereby fueling the regional market growth.
The above information is provided for the following regions and countries:
A. North America
a. U.S.
b. Canada
c. Mexico
B. Europe
a. Germany
b. UK
c. France
d. Italy
e. Spain
C. Asia Pacific
a. China
b. Japan
c. India
d. South Korea
e. Malaysia
D. Latin America
a. Brazil
b. Argentina
E. Middle East & Africa
a. South Africa
b. Saudi Arabia
c. UAE
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Global cyclohexanone market is fragmented owing presence of several manufacturers. Companies like Dow chemicals, Gujarat State Fertilizers & Chemicals, Domo chemicals, Shreeji Chemicals, Fibrant, jigchem Universal, Innova Corporate and Arihant chemicals.
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