Cyclohexanone is a colorless organic compound slightly soluble in water and has a pleasant odor similar to acetone. It is obtained during the manufacturing of nylon intermediaries like adipic acid or caprolactam. This compound is widely used in the nylon industry as well as used as an organic solvent as 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.
Cyclohexanone Market: Key Players
The research study includes profiles of leading companies operating in the global cyclohexanone market. Key players profiled in the report include: Dow chemicals, Gujarat State Fertilizers & Chemicals, Domo chemicals, Fibrant, jigchem Universal, Innova Corporate, Asahi Kasei, Nylstar SA, Formosa Plastic Group, and Arihant chemicals.
Drivers for the Global Cyclohexanone Market:
Increasing demand for nylon in textile, personal safety equipment and electronic industry due to its excellent heat resistance and low conductivity are the main factors driving cyclohexanone market. Additionally, its use in pesticides is increasing its demand due to major growth in agricultural industry. Cyclohexanone is utilized in agricultural industry as a solvent to dissolve pesticides and herbicides such as organophosphorus pesticides and DDT.
Opportunities for the Global Cyclohexanone Market:
Cyclohexanone has been widely used in product technology and has growth in application areas which will create lucrative opportunities for in near future. Further, its use in pharmaceutical industry will increase its market globally.
Restrains for the Global Cyclohexanone Market:
Cyclohexanone is slightly hazardous to humans. Its inhalation, oral consumption and dermal exposure might possess health hazards owing to its acute toxicity and flammable nature. This might have some restraining impact on cyclohexanone market.
Region Wise, Global Cyclohexanone Market Analysis:
Europe dominated global cyclohexanone market owing to increasing demand for adhesives in automobile sector owing to their overheating and friction reduction action in engines is likely to drive the regional product demand. North America and Asia Pacific is projected to have fastest growth due to their high production capacity for finished goods as well as growing automobile sector in regions like US, India, and China.
Global Cyclohexanone Market: Product analysis
- Nylon Production
Global Cyclohexanone Market: Application analysis
- Textile Industry
- Printing and Dying Industry
- Agricultural Industry
Global Cyclohexanone Market: Region analysis
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of L.A.
- Middle East and Africa
- South Africa
- Rest of Middle East
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