The Cyclohexanone Market is Predict to reach USD 10.4 Billion by 2030, at a CAGR of 3.5%

Cyclohexanone Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Cyclohexanone Market size is expected to reach $10.4 billion by 2030, rising at a market growth of 3.5% CAGR during the forecast period. In the year 2022, the market attained a volume of 5,442.50 kilo tonnes, experiencing a growth of 0.69% (2019-2022).

The Solvents segment is anticipating a CAGR of 4.6% during (2023 - 2030). Growing industrial activities across various sectors, such as paints and coatings, adhesives, pharmaceuticals, and electronics, have bolstered the demand for solvents, including cyclohexanone. The expansion of manufacturing facilities, construction projects, and infrastructure development initiatives worldwide has led to heightened demand for solvents for cleaning, degreasing, surface treatment, and formulation purposes.

Full Report: https://www.kbvresearch.com/cyclohexanone-market/

The Asia Pacific region dominated the Global Cyclohexanone Market, By Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $6.8 billion by 2030. The Europe region is experiencing a CAGR of 3.2% during (2023 - 2030). Additionally, The North America region would exhibit a CAGR of 2.6% during (2023 - 2030).

List of Key Companies Profiled

• Sinopec Group (China Petrochemical Corporation)
• BASF SE
• Domo Chemicals GmbH
• BP p.l.c.
• Idemitsu Kosan Co., Ltd.
• Thermo Fisher Scientific, Inc.
• Chevron Phillips Chemical Company LLC
• Koninklijke DSM N.V.
• Asahi Kasei Corporation
• Cepsa (COMPAÑÍA ESPAÑOLA DE PETRÓLEOS, S.A.)

Cyclohexanone Market Report Segmentation

By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)

• Caprolactam
• Adipic Acid
• Solvents
• Others

By Geography (Volume, Kilo Tonnes, USD Billion, 2019-2030)

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Related Reports:

North America Cyclohexanone Market Size, Share by 2030

• April-2024
• 91 Pages

LAMEA Cyclohexanone Market Size, Share | Forecast, 2030

• April-2024
• 100 Pages

Europe Cyclohexanone Market Size, Share & Growth 2030

• April-2024
• 100 Pages

Asia Pacific Cyclohexanone Market Size & Analysis | 2030

• April-2024
• 100 Pages