The Global Cyclohexane Market, along with its end-products, has witnessed a linear growth in the past few years, and this growth is estimated to increase in the future. Cyclohexane is one of the organic chemical raw materials widely used in adipic acid and caprolactum. The quality, high efficiency, and environmental acceptability are some of the major features that create an upsurge in the overall demand for cyclohexane. The upcoming safety regulations and innovative techniques are considered as additional factors influencing the growth of the global cyclohexane market.
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Competitive scenarios of key players in the cyclohexane market have been discussed in detail. The leading players of this industry have been profiled with recent developments and other strategic industry activities. Major companies operating in this market include
- Sinopec Shanghai Petrochemical Co. Ltd. (China),
- ExxonMobil Corporation (U.S.),
- Royal Dutch Shell Plc. (Netherlands),
- The Dow Chemical Co. (U.S.),
- JX Holdings Inc. (Japan),
- China National Petroleum Corporation (China),
- Total SA (France),
- Saudi Basic Industries Corporation (Saudi Arabia),
- BP Plc. (U.K.), and
- BASF SE (Germany).
The cyclohexane market is experiencing enormous growth, which is mainly driven by the growing demand of cyclohexane among varied regions, such as Asia-Pacific, Europe, North America, and rest of the world. In addition to this, considerable amount of investments are made by various market players to serve the end-user applications industry in the future.
Almost 58% of the total cyclohexane demand was contributed by the adipic acid applications in 2013. Among all regions, Asia-Pacific is dominating the global cyclohexane market, owing to its widespread adoption among varied end-user applications and increasing phenol consumption.
This study aims to estimate the global market of cyclohexane in 2014, and to project its demand by 2019. This market research study provides a detailed qualitative and quantitative analysis of the global cyclohexane market. Varied secondary sources such as encyclopedia, directories, industry journals, and databases have been used to identify and collect information useful for this extensive, commercial study of the cyclohexane market. The primary sources utilized for this study includes interviews of related industry experts and suppliers, which helps in verifying critical information as well as to assess the future prospects of the market.
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