Global Cyclohexane Market Outlook to 2026

Cyclohexane (C6H12) is a colorless and flammable liquid. It is mainly produced by catalytic hydrogenation of Benzene (C6H6). It is a non-polar solvent and used as a raw material in the manufacture of Nylon and its derivatives.

According to BlueQuark Research & Consulting, the global Cyclohexane market is expected to witness a moderate growth rate during the forecast period. The high demand for nylon products, adipic acid, and caprolactam serves as the main driver for the growth of the cyclohexane industry. Nylon 6 and Nylon 66 are used to produce fibers, polyesters, thermoplastics, etc. There is a strong threat from the phenol industry during the manufacturing of caprolactam which will serve as a restraint for the market.

The Asia-pacific region is currently the major region accounting for the largest sharein the global cyclohexane market due to the rapid growth of the automotive industry and construction industry in the region. China will be dominating the market in the Asia-Pacific region, majorly due to the increasing demand from end-user industries, including, construction, and textiles. This is followed by Europe and North America. The European market is driven by France, Germany, and the UK. The North American market is dominated by the U.S.

The global Cyclohexane market is fragmented. The major players in the global styrene market are DowDuPont, Inc., BASF SE, Merck KGaA, Exxon Mobil Corporation, Chevron Phillips Chemical Company, among others.

In September 2020, National Renewable Energy Laboratory (NREL) Researchers shared 40 Million USD with partners to scale next generations' biotechnologies. One such initiative would be to convert corn stover into a cyclohexane-rich sustainable aviation fuel (SAF). The corn stover would be preprocessed by Idaho National Laboratory (INL) and shipped to NREL, where it will be converted using NREL’s dilute alkali deacetylation and mechanical refining process to produce lignin. This lignin would then be converted to a cyclohexane-based SAF blendstock at the University of North Dakota (UND) using catalysts developed at Washington State University (WSU).

Global Cyclohexane Market report provides deep insight into the current and future state of the Cyclohexane market across various regions. The study comprehensively analyzes the Cyclohexane market by segmenting based on application (Nylon 6, Nylon 66, Polyester Polyol, and other applications), end-use industry (Aerospace and defense, automotive, construction, electrical and electronics, textiles, and other applications), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report examines the market drivers and restraints, along with the impact of Covid-19 on the market growth in detail. The study covers & includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with profiles of major companies, including their market shares and projects.