DUBLIN--(BUSINESS WIRE)--The "Global Cyclohexane Market - Segmented by Application, End User Industry and Region - Growth, Trends and Forecast (2018-2023)" report has been added to ResearchAndMarkets.com's offering.
The cyclohexane market is expected to register a CAGR of approximately 3.45% during the forecasted period, 2018-2023.
Caprolactum demand has been increasing especially in automotive industry for the manufacture of nylon, which offers automobiles light weight. Automobile industry is shifting focus to light weight vehicles with growing pressure on energy and environmental protection.
The cyclohexane market is segmented on the basis of application and end-user industry. Based on application, caprolactum is the dominant application accounting to approximately 45% market share. The segment is expected to witness a good growth rate because of its increasing usages for the manufacture of nylon 6,6 which is used in various industries, like automotive and textiles owing to their superior physical characteristics, such as light weight and high tensile strength.
Asia Pacific is the largest market for cyclohexane owing to its strong demand from caprolactum and is expected to grow at a good rate during the forecasted period. China is the largest market for cyclohexane in Asia Pacific region and with growing caprolactum manufacturing plants in China combined with shifting automotive manufacturers towards lightweight vehicles is expected to drive the market in Asia Pacific region.
- Chevron Phillips Chemical Company
- ExxonMobil Corporation
- Huntsman Corporation
- Reliance Industries Limited
- Idemitsu Kosan Co.,Ltd.
- PTT Global Chemical Public Company Limited
Key Topics Covered:
2. Executive Summary
3. Market Insights
4. Market Dynamics
5. Market Segmentation and Analysis
6. Regional Market Analysis
7. Future of the Market
8. Competitive Landscape
9. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/l78w25/global?w=4