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Global Cyclohexanone Market
Market Size in USD Billion
CAGR :
%
USD
8.38 Billion
USD
11.37 Billion
2024
2032
Forecast Period
2025 –2032
Market Size(Base Year)
USD
8.38 Billion
Market Size (Forecast Year)
USD
11.37 Billion
CAGR
3.88
%
Major Markets Players
Gujarat State Fertilizers & Chemicals Limited
ASAHI KASEI CORPORATION
BASF SE
Domo Chemicals
OSTCHEM
Global Cyclohexanone Market Segmentation, By Type (Nylon 6, Nylon 66, Polyester Polyol, Others), Application (Paint and Dyes, Soaps, Fertilizers, Films, Pharmaceutical, Caprolactam, Adipic Acid, Others), End-User (Construction, Aerospace and Defence, Textiles, Automotive, Electrical and Electronics, Others) – Industry Trends and Forecast to 2032
Cyclohexanone is an organic compound which is extensively used as a solvent. The cyclohexanone is generally produced by oxidation of cyclohexane with cobalt catalyst in air and also produced by the partial hydrogenation of phenol. Cyclohexanone is widely used in the production of nylon 6 and nylon 66. It is used in many end-user industries across the globe. Cyclohexanone is mostly used in the production of adipic acid and caprolactam. The rising demand for caprolactam around the globe for the manufacture of nylon is expected to increase the cyclohexanone market in the forthcoming years.
Cyclohexanone Market Size
Global cyclohexanone market size was valued at USD 8.38 billion in 2024 and is projected to reach USD 11.37 billion by 2032, with a CAGR of 3.88% during the forecast period of 2025 to 2032.
Cyclohexanone Market Trends
“Rising Demand in Automotive and Textile Industries Fuels Market Growth”
One of the key trends in the global cyclohexanone market is the increasing demand from the automotive and textile industries. Cyclohexanone, a key raw material in the production of nylon, is seeing significant growth as both sectors expand. In the automotive industry, the demand for lightweight, durable materials for vehicle production is driving the need for cyclohexanone-based components, such as those used in coatings and adhesives. Similarly, the textile industry’s rising demand for synthetic fibers, including nylon, is further propelling the market. Additionally, the growing trend towards sustainability is leading to the development of more eco-friendly production processes, encouraging manufacturers to explore greener alternatives for chemical production. As these industries continue to thrive, the demand for cyclohexanone is expected to remain strong, making it a vital component of industrial growth.
Report Scope and Market Segmentation
Attributes
Cyclohexanone Key Market Insights
Segmentation
By Type: Nylon 6, Nylon 66, Polyester Polyol, Others
By Application: Paint and Dyes, Soaps, Fertilizers, Films, Pharmaceutical, Caprolactam, Adipic Acid, Others
By End User: Construction, Aerospace and Defence, Textiles, Automotive, Electrical and Electronics, Others
Countries Covered
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Key Market Players
Gujarat State Fertilizers & Chemicals Limited (GSFC) (India), ASAHI KASEI CORPORATION (Japan), BASF SE (Germany), Domo Chemicals (Germany), OSTCHEM (Austria), Fibrant (Netherlands), Shreeji Chemical (India), JIGCHEM UNIVERSAL (India), ARIHANT SOLVENTS AND CHEMICALS (India), Qingdao Hisea Chem Co.Ltd (China), LUXI GROUP (China), Taiwan Prosperity Chemical Corporation 9China), UBE corporation (Japan), Innova Corporate (India), Reliance Industries Limited (India), Chevron Phillips Chemical Company LLC (US), Clariant, (Switzerland), Idemitsu Kosan Co.,Ltd (Japan), CITGO Petroleum Corporation (US), Zhuhai Chemical Company Ltd (China)
Market Opportunities
Increase in the number of emerging markets
Increasing number of product innovations
Rise in strategic collaborations
Increase in demand due to huge application
Cyclohexanone Market Definition
Cyclohexanone is the organic compound which consists of six-carbon cyclic molecule with a ketone functional group and the formula of cyclohexanone is (CH2)5CO. It is extensively used as a solvent. Cyclohexanone is an odourless and colourless oil, it is similar to acetone and peppermint. Cyclohexanone can be identified on the basis of its appearance. Cyclohexanone easily dissolves in cold water and it is extensively used to produce several precursors of nylon.
Cyclohexanone Market Dynamics
Drivers
Increase the demand for the production of adipic acid
Cyclohexanone is used as a raw material for the production of adipic acid, augmenting the growth of the cyclohexanone market. The high use of adipic acid in production activities in several industries, specifically for the production of nylon in the nylon industry, is driving factor the growth of the market. The increasing usage of food-grade adipic acid as leavening and forming agents in the food and beverage industry are expcted to increase demand of the cyclohexanone in the market.
Growing demand in nylon industry
The nylon industry has a high demand for cyclohexanone as a raw material expected to enhance the market growth. The extensive use of nylon 6 in industrial and commercial applications increases the market for cyclohexanone. Nylon 6 is the most common commercial grade of nylon. It is known to be an abrasion resistant and tough material with high tensile strength. Nylon 6 resins are mainly used in the automotive sector, including seat covering and car seat filling.
Rise the demand in construction industry
Cyclohexane and its derivatives used in the construction industry. The consumption of cyclohexane and its derivative for the manufacture of several construction industry products such as plumbing fittings, carpeting fabrics, ropes, and others expected to increase the growth of the cyclohexanone market.
Opportunities
Cyclohexanone has huge applications in the manufacturing of automotive fabrics which is increasing due to the growing automobiles production overall the globe and growing usage of nylon-based light weighted automotive parts and increasing demands for pesticides in the agricultural industry are some major factors and resourceful factors which increase the growth of the cyclohexanone market during forecast period. On the other hand, the growing demand for caprolactam for the engineering resins will create a lucrative opportunity that will lead to the growth of the cyclohexanone market
Restraints/ Challenges
However, the high use of nylon in the nylon industry directly affects cyclohexanone usage. This might act as a limiting factor for the cyclohexanone market overall the the globe. The high competition for nylon from other fibers influences the cyclohexanone market's growth. Polyesters have been showing dependable growth, which may be generate sluggish demand for nylon and, reduce the demand for cyclohexanone.Similarly the useof phenol for caprolactam production is anticipated to obstruct the growth of the cyclohexanone market.
This cyclohexanone market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the cyclohexanone market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Cyclohexanone Market Scope
The cyclohexanone market is segmented on the basis of type, application and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
Nylon 6
Nylon 66
Polyester Polyol
Others
Application
Paint and Dyes
Soaps
Fertilizers
Films
Pharmaceutical
Caprolactam
Adipic Acid
Others
End User
Construction
Aerospace and Defence
Textiles
Automotive
Electrical and Electronics
Others
Cyclohexanone Market Regional Analysis
The cyclohexanone market is analyzed and market size insights and trends are provided by type, application and end-user as referenced above.
The countries covered in the cyclohexanone market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the cyclohexanone market in terms of revenue and market share during the forecast period. This is due to the increasing demand for cyclohexanone in this region. The Asia-Pacific region leads the cyclohexanone market, with China leading the way in terms of strong demand from caprolactam. Due of the ease of high demand of d from caprolactam, China is leading the Asia-Pacific market.
During the projected period, North America is anticipated to be the fastest developing region due to the increasing demand of cyclohexanone in automobile sector in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Cyclohexanone Market Share
The cyclohexanone market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to cyclohexanone market.
Cyclohexanone Market Leaders Operating in the Market Are:
Gujarat State Fertilizers & Chemicals Limited (GSFC) (India)
ASAHI KASEI CORPORATION (Japan)
BASF SE (Germany)
Domo Chemicals (Germany)
OSTCHEM (Austria)
Fibrant (Netherlands)
Shreeji Chemical (India)
JIGCHEM UNIVERSAL (India)
ARIHANT SOLVENTS AND CHEMICALS (India)
Qingdao Hisea Chem Co.Ltd (China)
LUXI GROUP (China)
Taiwan Prosperity Chemical Corporation (China)
UBE Corporation (Japan)
Innova Corporate (India)
Reliance Industries Limited (India)
Chevron Phillips Chemical Company LLC (US)
Clariant (Switzerland)
Idemitsu Kosan Co.,Ltd (Japan)
CITGO Petroleum Corporation (US)
Zhuhai Chemical Company Ltd (China)
Latest Developments in Cyclohexanone Market
In January 2023, Arkema introduced Kynar® Cyclohexanone, a new grade offering enhanced resistance to chemicals and high-temperature applications
SKU-56684
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Global Cyclohexanone Market, Supply Chain Analysis and Ecosystem Framework
To support market growth and help clients navigate the impact of geopolitical shifts, DBMR has integrated in-depth supply chain analysis into its Global Cyclohexanone Market research reports. This addition empowers clients to respond effectively to global changes affecting their industries. The supply chain analysis section includes detailed insights such as Global Cyclohexanone Market consumption and production by country, price trend analysis, the impact of tariffs and geopolitical developments, and import and export trends by country and HSN code. It also highlights major suppliers with data on production capacity and company profiles, as well as key importers and exporters. In addition to research, DBMR offers specialized supply chain consulting services backed by over a decade of experience, providing solutions like supplier discovery, supplier risk assessment, price trend analysis, impact evaluation of inflation and trade route changes, and comprehensive market trend analysis.
Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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