Press release
Cyclohexanone Market Share, Industry Analysis Report, Regional Outlook By 2026 | Dow chemicals, Domo Chemicals, Fibrant, Innova Corporate, Arihant Chemicals
• Cyclohexanone market size, historical from 2015 to 2019 and annual forecast from 2020 to 2026.
• Major cyclohexanone industry trends, technology evolution, economic indicators and business challenges.
• Regulatory and geopolitical trends impacting the industry.
• Business drivers and pitfalls impacting key regional markets.
• Competitive landscape of the industry and detailed profiles on the major companies.
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Cyclohexanone Market, By Application, 2014-2025 (Tons) (USD Million)
• Nylon Production
• Solvent
Cyclohexanone Market, By End-Use, 2014-2025 (Tons) (USD Million)
• Textile Industry
• Printing and Dying Industry
• Pharmaceutical
• Agricultural Industry
• Others
Significant rise in demand for nylon fiber, and emergence of more advanced and efficient technology are likely to drive the global cyclohexanone market share over 2020-2026. Besides, rising adoption of nylon fiber for realizing umpteen applications across emerging economies such as China, India, Japan, and others would offer a significant boost to the industry outlook over the due course of time. However, some of the challenges that are restricting the growth of the overall market size include higher cost of investment and increasing competition from other fiber usage.
Textile industry has been deemed to emerge as a lucrative growth vertical for cyclohexanone market, perhaps attributing to the escalating use of nylon for various garment production. Above that, expanding nylon production is also expected to support the growth of textile industry globally, thus contributing to the overall cyclohexanone market expansion.
Booming textile business in the states of South Africa is anticipated to lead the cyclohexanone market in the MEA region. South Africa’s textile industry contributes to nearly 8 per cent of the GDP and also represents the region’s second largest source of tax revenue. Besides, expanding agribusiness in the country is also poised to yield tremendous proceeds for the South Africa cyclohexanone market in the near future.
Some of the prominent companies operating in the global cyclohexanone market are Gujarat State Fertilizers and Chemicals, Dow chemicals, Domo Chemicals, Fibrant, Innova Corporate, Arihant Chemicals, and multiple others.
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