Report Code: A09009 | Pages: NA | Mar 2023 | 1024 Views | ||
Author(s) : NA | Tables: NA | Charts: NA |
|
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Cyclohexane Market
Request Now !Cyclohexane is an inflammable product produced by the hydrogenation of strong benzene, and is used mainly in the production of adipic acid and caprolactam. These materials are used mainly to produce fibers, thermoplastics, plasticizer, and polyesters. Cyclohexane is produced by hydrogenation of benzene. Cyclohexane is an intermediate product, which is used in the manufacture of adipic acid and caprolactam. Cyclohexane is used to produce cyclohexanone and cyclohexanol for pre-use, hydrogenation of benzene, and dissolution of natural gas. Cyclohexane can also be employed as a solvent in chemical synthesis and reaction diluents. Moreover, cyclohexane is witnessing high usage in the food & beverages, textiles, and electricity sectors, which have developed several laws and regulations regarding its operation.Â
COVID-19 scenario analysis:
Increase in demand for caprolactam and adipic acid to make Nylon 66 works as a driver for the growth of the cyclohexane market. There has been a growing impetus in the delivery of high-quality products to maintain customer loyalty as lower switching costs & lower differentiated products have reduced supplier capacity over the years recently.
Companies are heavily involved in product R&D, technological advancements, and strategic partnerships to improve their global position. Rapid urbanization and emerging economies have prompted governments to increase their production capacity to meet the rise in demand.
Low production costs and renewable government regulations boost the demand for cyclohexane. Technology development coupled with the investment generated in a variety of uses, such as automotive, textiles, and construction, is expected to increase the demand for cyclohexane during the forecast period.
In addition, there is increase in demand for high-performance thermoplastics that incorporate nylon as a base material due to its characteristics such as thermal strength, low cross-corrosion resistance, chemical friction, heat, & abrasion. Increase in consumption of cyclohexane, especially in the U.S. and China coupled with simple quality-related regulations is expected to remain an important driving force in the industry.
Key benefits of the report:
Questions answered in the cyclohexane market research report:
Cyclohexane Market: Global Opportunity Analysis and Industry Forecast, 2020–2027 Report Highlights
Aspects | Details |
---|---|
By Application |
|
By Industry Vertical |
|
By Region |
|
Key Market Players | DuPont de Nemours, Inc., Merck KGaA, BASF SE, Chevron Phillips Chemical Company, China Petroleum & Chemical Corporation, BP Refining & Petrochemicals GmbH, Clariant, Reliance industries Ltd, CITGP Petroleum Corporation |
Loading Table Of Content...
Start reading.
This Report and over 19,614+ more Reports, Available with Avenue Library. T&C*.
Enterprise
License/PDF
Library
Membership
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Get Industry Data AlertsTo ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers