Global Cyclohexane Market is Projected to Reach $7.0 Billion by 2019

Date: 2015-08-17

“The report analyzes the global cyclohexane market with respect to application and geography. The market data for these types is given in terms of volume (kilotons) and value ($million). The global cyclohexane market was valued at $5.3 billion in 2013, and is projected to reach $7.0 billion by 2019, at a CAGR of 3.2% from 2014 to 2019. The data mentioned in the report are based on the global demand for cyclohexane. The Asia-Pacific is the leading region in the consumption of cyclohexane, due to the availability of cheaper raw materials and low labor cost. 

The global cyclohexane market has been analyzed, which gives an idea about the current proceedings in the industry at the commercial level. The study provides the value chain analysis with respect to cyclohexane raw materials, manufacturers, and end-users. The value chain describes the key contributors to the materials market at different stages from product development to end-use. It represents top players that are contributing to the cyclohexane industry.

The impact of different market factors, such as drivers, inhibitors, and opportunities is also illustrated in the report. This gives an idea about the key drivers of the market such as growing demand of cyclohexane among varied end-user applications and increasing phenol consumption. The economic slowdown in Asia-Pacific and European regions affected the economy of other developed countries that are of key importance for the commercial success of the cyclohexane market. 

Key companies of this market include Sinopec Shanghai Petrochemical Co. Ltd. (China), ExxonMobil Corporation (U.S.), Royal Dutch Shell Plc. (Netherlands), The Dow Chemical Co. (U.S.), JX Holdings Inc. (Japan), China National Petroleum Corporation (China), Total SA (France), Saudi Basic Industries Corporation (Saudi Arabia), BP Plc. (U.K.), and BASF SE (Germany).

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