Global Vinyl Cyclohexane Market, By Purity (95%, 97% and ≥98%), By Application (Chemical and Polymers), By End User Industry (Automotive, Medical, Paints and Coatings, Textile, Construction and Other End User Industries), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights: Global Vinyl Cyclohexane Market
Data Bridge Market Research analyses that the vinyl cyclohexane market will witness a CAGR of 5.60% for the forecast period of 2022-2029. Growth in the demand for vinyl cyclohexane especially in the developing economies like India and China, growing use of vinyl cyclohexane for a wide range of end user applications such as automotive, textile, construction and other end user applications, increasing investment by the government for research and development activities and surge in industrialization especially in the developing countries are the major factors attributable to the growth of the vinyl cyclohexane market. Therefore, the market value, which was USD 75 million in 2020, would rocket up to USD 122.47 million by 2029.
Vinyl cyclohexane is used for a wide range of industrial applications due to its unique set of properties. Vinyl cyclohexane has a high melting point and exhibits excellent heat resistance. Vinyl cyclohexane is an organic compound that consists of a vinyl group attached to the 4-position of the cyclohexene ring. Vinyl cyclohexane is a colourless liquid, insoluble in water and has a mild detergent like odour.
Rise in demand for vinyl cyclohexane by the paints and coatings industry in developed and developing economies is the root cause fuelling up the market growth rate. Rising application areas for vinyl cyclohexane such as in the medical devices and growth and expansion of various end user industries especially in the developing economies will also directly and positively impact the growth rate of the market. Rising preference by the polymer industry coupled with expected rise in potential product application in polymerization, rising expenditure for research and development proficiencies by the major companies, upsurge in automobile production that incorporates the use of nylon and growing focus on the technological advancements and modernization in the production techniques will further carve the way for the growth of the market.
However, insufficiency in raw material demand and supply owing to the lockdown and volatility in their prices will pose a major challenge to the growth of the market. High costs associated with research and development proficiencies, rising environmental safety and conservation concerns, hazardous effects on the human health, growing availability of substitutes and strict global trade restrictions will dampen the market growth rate.
This vinyl cyclohexane market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised 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, geographical expansions, technological innovations in the market. To gain more info on vinyl cyclohexane market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Vinyl Cyclohexane Market Scope and Market Size
The vinyl cyclohexane market is segmented on the basis of purity, application and end user industry. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of purity, the vinyl cyclohexane market is segmented into 95%, 97% and ≥98%.
- On the basis of application, the vinyl cyclohexane market is segmented into chemicals and polymers.
- Based on end user industry, the vinyl cyclohexane market is segmented into automotive, medical, paints and coatings, textile, construction and other end user industries.
Vinyl Cyclohexane Market Country Level Analysis
The vinyl cyclohexane market is analysed and market size, volume information is provided by country, purity, application and end user industry as referenced above.
The countries covered in the vinyl cyclohexane 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, Israel, Egypt, South Africa, 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 vinyl cyclohexane market owing to the increase in the research and development activities and increase in the demand from numerous end-user industries in this region. Asia-Pacific will continue to undergo substantial gains during the forecast period owing to the high economic growth in the emerging countries, surging urbanization and industrialization, growing industrialization, and abundant availability of raw materials.
The country section of the vinyl cyclohexane market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, 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.
Competitive Landscape and Vinyl Cyclohexane Market Share Analysis
The vinyl cyclohexane 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 vinyl cyclohexane market.
Some of the major players operating in the vinyl cyclohexane market report are BASF SE, Merck KGaA, Cepsa, Exxon Mobil Corporation., Chevron Phillips Chemical Company, DuPont, Huntsman International LLC., Clariant, Dow, Sunmarks, LLC., Idemitsu Kosan Co., Ltd., bp p.l.c., Liaoning Yufeng Chemical Co., Ltd., PTT Global Chemical Public Company Limited, Toray Industries, Inc., Dow, DSM, China National Petroleum Corporation, SABIC and Norquay Technology among others.
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