Press release
2024 Cyclohexylbenzene Market Report : Market Size, Growth Drivers, And Key Trends
Cyclohexylbenzene Global Market Report 2024
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=8117&type=smp
According to The Business Research Company's, The cyclohexylbenzene market size has grown steadily in recent years. It will grow from $2.57 billion in 2023 to $2.69 billion in 2024 at a compound annual growth rate (CAGR) of 4.4%. The growth in the historic period can be attributed to raw material availability, regulatory environment, competitive landscape, consumer preferences, trade policies.
The cyclohexylbenzene market size is expected to see strong growth in the next few years. It will grow to $3.28 billion in 2028 at a compound annual growth rate (CAGR) of 5.1%. The growth in the forecast period can be attributed to market expansion, environmental regulations, emerging market trends, global economic outlook, political stability. Major trends in the forecast period include technological advancements, global trade dynamics, market consolidation, technological adoption in end-use industries, r&d investments.
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/cyclohexylbenzene-global-market-report
Market Drivers and Trends:
The increasing adoption of electric vehicles is expected to propel the growth of cyclohexylbenzene market going forward. Cyclohexylbenzene is used as an electrolyte additive for overcharge protection in lithium-ion batteries (LIBs). The increased demand for safer and more efficient battery technologies in electric vehicles drives the need for electrolyte additives like cyclohexylbenzene, which enhances the safety and performance of LIBs. For instance, in September 2022, according to the International Energy Agency (IEA), a France-based autonomous intergovernmental organization, sales of electric vehicles nearly doubled to 6.6 million in 2021 from 3 million in 2020, representing almost 9% of total sales, and increased by 4 percentage points in 2021 as well, bringing the total number of electric vehicles on the road to 16.5 million. Therefore, the increasing adoption of electric vehicles is driving the growth of the cyclohexylbenzene market.
Product innovation is a key trend gaining popularity in the cyclohexylbenzene market. Major market players are concentrating their efforts on innovative cyclohexylbenzene products to gain a competitive advantage in the market. For instance, in May 2021, Schultz Canada Chemicals Ltd., a Canada-based chemical company, created a new high-purity cyclohexylbenzene product. This cyclohexylbenzene produced by Schultz has the characteristics and quality of an ultra-high purity product, making it one of the ideal displayer materials. It improves the circulation pattern of the lithium-ion battery as an additive to the electrolyte of the lithium-ion secondary battery.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
Thermo Fisher Scientific Inc., The Merck Group, TCI Chemicals Co. Ltd., Santa Cruz Biotechnology Inc., Alfa Chemical Co. Ltd., Schultz Chemicals Limited, Biosynth International Inc., Henan Tianfu Chemicals Company Limited, Syntechem Company Limited, Amadis Chemical Company Limited, Hangzhou Hairui Chemical ltd., Oakwood Products Inc., Dynovac Industreies Inc., Anshika Polysurf Limited, Eastman Chemical Company, Samsung Group, BASF SE, MITSUBISHI Corporation, Jintan Jinnuo Chemical Co. Ltd., Anhui Fulltime Specialzed Solvents & Reagents Co.Ltd., Jiaxing Buyun Fuxin Chemical Factory, CEC Limited core competency, Nanjing Qisheng Chemical Industry Co. Ltd., Changsha Easchem Co. Ltd., Hefei TNJ Chemical Co. Ltd., Zhejiang Weihua Chemical Co. Ltd., Dayangchem Co. Ltd., Haihang Industry Co. Ltd., Jinan Haohua Industry Co. Ltd., Shanghai Hanhong Chemical Co. Ltd.
Cyclohexylbenzene Market 2024 Key Insights:
• The cyclohexylbenzene market size is expected to see strong growth in the next few years. It will grow to $3.28 billion in 2028 at a compound annual growth rate (CAGR) of 5.1%.
• Growth Of Electronics Industry To Drive Market Expansion
• Product Innovations Transforming The Cyclohexylbenzene Market
• Asia-Pacific was the largest region in the cyclohexylbenzene market in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=8117&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ "
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release 2024 Cyclohexylbenzene Market Report : Market Size, Growth Drivers, And Key Trends here
News-ID: 3740466 • Views: …
More Releases from The Business Research Company
Global Dermal Regeneration Market Expansion at 8.9% CAGR, Valued at $2.52 Billio …
"Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
What Are the Dermal Regeneration Market Size Forecast for 2025?
In recent years, the market size of dermal regeneration has significantly expanded. Its growth is set to continue, moving from a market value of $1.64 billion in 2024, surging to $1.79 billion in 2025, indicating a Compound Annual Growth Rate…
Dental Emergency Kit Market Expansion Outlook: $1.74 Billion in 2029
"Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.
What Is the Projected CAGR for the Dental Emergency Kit Market from 2024 to 2025?
In recent times, the dental emergency kit market has seen significant growth. Projected growth rates suggest an increase from $1.18 billion in 2024 to $1.28 billion in 2025, manifesting a compound annual growth rate (CAGR) of 8.2%.…
Cryopreservation Equipment Industry Growth Outlook: 15.4% CAGR and $19.55 Billio …
"Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.
What Is the Long-Term Growth Forecast for the Cryopreservation Equipment Market Size 2025?
The expansion of the cryopreservation equipment market has been significant in recent years. The market which is expected to escalate from $9.52 billion in 2024 to $11.01 billion in 2025, will do so with a compound annual growth rate…
Connected Wearable Patches Industry to Achieve $10.78 Billion Growth by 2029
"Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.
How Will the Connected Wearable Patches Market Grow by 2025 in Terms of Size and Growth?
The market size for connected wearable patches has seen significant expansion in the most recent years. With an expected rise from $5.62 billion in 2024 to $6.42 billion in 2025, representing a compound annual growth rate…
More Releases for Chemical
Nickel Nitrate Market Size, Key Players: UMAI CHEMICAL, The Shepherd Chemical Co …
Nickel nitrate is an inorganic compound that is used in various applications, including electroplating, catalysts, and as a precursor for the production of other nickel compounds. The nickel nitrate market is expected to grow in the coming years, driven by the increasing demand for nickel in various applications such as the automotive and electronics industries.
Get a Free Sample Copy of the Global Nickel Nitrate Market Research Report at https://www.reportsnreports.com/contacts/requestsample.aspx?name=6914387
Market segmentation
Nickel…
Pharma Grade Ethylmalonate Market Analysis and Forecast To 2028 | Hebei Chengxin …
"In the past few years, the Pharma Grade Ethylmalonate market experienced a huge change under the influence of COVID-19 and Russia-Ukraine War, the global market size of Pharma Grade Ethylmalonate reached the predicted milestone in 2022 with the rising CAGR from 2017-2022.
Facing the complicated international situation, the future of the Pharma Grade Ethylmalonate market is full of uncertain. Report predicts that the global Pharma Grade Ethylmalonate market size will…
Phosphorus Pentachloride market Key Players| Xuzhou Weiruipu Chemical, Xuzhou Ho …
A Comprehensive research study conducted by KD Market Insights on " Phosphorus Pentachloride (CAS 10026-13-8) Market - By Product Type (Qualified: content?98.0%, First grade: content?99.0%, High class products: content?99.5%), By Application (Pharmaceutical Industry, Dye Industry, Chemical Industry, Other) & Global Region Market Size, Share, Trends and Forecast 2018-2023" report offers extensive and highly detailed historical, current and future market trends in the global and regional/market. The Phosphorus Pentachloride market report includes market size, growth drivers,…
Global 4-Hydroxybenzaldehyde Market 2019 - Jiaxing Jinhe Chemical, Suzhou Inter- …
4-Hydroxybenzaldehyde is an important fine chemical product and intermediate for organic synthesis, with wide use in pharmaceutical, aromatizer, pesticide, electroplating and liquid crystal industries.
4-Hydroxybenzaldehyde is a white or pale yellow crystalline powder, which is mainly made from para-cresol.
Applications of 4-hydroxybenzaldehyde include Pharmaceutical, Aromatizer, Pesticide, Electronic and so on. Among those applications, Aromatizer accounts for the largest market share, which was about 65.60% in 2016.
The 4-hydroxybenzaldehyde industry is highly concentrated…
Calcium Nitrate Market Survey 2017 - Yunli Chemical, Leixin Chemical, Uralchem, …
Calcium Nitrate Market Research 2017
A market study ” Global Calcium Nitrate Market ” examines the performance of the Calcium Nitrate market 2017. It encloses an in-depth Research of the Calcium Nitrate market state and the competitive landscape globally. This report analyzes the potential of Calcium Nitrate market in the present and the future prospects from various angles in detail.
The Global Calcium Nitrate Market 2017 report includes Calcium Nitrate market Revenue,…
Global Glutaric Dialdehyde Market 2017 : Jinghong chemical, TNJ Chemical, Xinjin …
A market study based on the "Glutaric Dialdehyde Market" across the globe, recently added to the repository of Market Research, is titled ‘Global Glutaric Dialdehyde Market 2017’. The research report analyses the historical as well as present performance of the worldwide Glutaric Dialdehyde industry, and makes predictions on the future status of Glutaric Dialdehyde market on the basis of this analysis.
Get Free Sample Copy of Report Here :
http://bit.ly/2iIAeTe
Top Manufacturers…
