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Cyclohexanone Market - Report Analysis and Market Insights for highly profitable investment decision : Industry Outlook by 2020

09-14-2017 11:10 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: TMR - Research Reports

Cyclohexanone Market - Report Analysis and Market Insights

Cyclohexanone is obtained during the manufacturing of nylon intermediaries like adipic acid or caprolactam. Major companies captively consume cyclohexanone and a very small portion of the demand is from sectors other than nylon. Over three fourth of the production of cyclohexanone is based on cyclohexane and the remaining is based on phenol. The major use of the compound except in the nylon industry is as a solvent in the paint and dye industry.

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The high captive consumption of cyclohexanone leaves very little volume for global trading. Based on uses, a major share of cyclohexanone is consumed in the production of caprolactam and the remaining in the production of adipic acid. The major applications of cyclohexanone include its use as solvent in industries such as paints and dyes, fertilizers, pharmaceuticals, films, and soaps. Europe is the largest market for cyclohexanone and accounts for over one quarter of the global consumption. North America and Asia-Pacific follow it in terms of consumption. However, China is expected to have the highest growth rate over the next six years and would gain a substantial market share. The primary driver for the market is the developing nylon industry. The nylon industry is the major consumer of this compound and growth in the industry directly affects the consumption of cyclohexanone. Moreover, the high volume of production of finished goods in China is expected to drive the market in the Asia-Pacific region.

However, the major threat for the market is the competition for nylon from other fibers. Polyesters have been showing credible growth and could very soon have a sizable market share. This sluggish demand for nylon would in turn reduce the demand for cyclohexanone. The biggest opportunity for the market lies in the increase in application areas and improved product technology. In addition to this, the developing regions of Asia-Pacific have tremendous growth potential due to their high production capacity for finished goods.

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DuPont de Nemours and Asahi Kasei are two of the largest producers of cyclohexanone. Some other players in the market include Nylstar SA, Formosa Plastic Group, Rhodia S.A, and Lipeng Corporation Ltd. and others.

This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include

North America
Asia Pacific
Europe
Rest of the World
This report provides comprehensive analysis of

Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for upcoming years

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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