Cyclohexene Market : Global Industry Analysis and Forecast (2024-2032) by Application, End-User and Region


Posted May 16, 2024 by vishalp27

Cyclohexene Market Size Was Valued at USD 24.8 Billion in 2023 and is Projected to Reach USD 40.43 Billion by 2032, Growing at a CAGR of 5.58% from 2024-2032.

 
Cyclohexene is a simple hydrocarbon with the chemical formula C6H10. It's a member of the cycloalkenes, characterized by having both a cyclic structure and a double bond. Cyclohexene features a six-carbon ring containing one double bond. This unsaturated structure contrasts with cyclohexane, which is a fully saturated six-carbon ring. The presence of the double bond in cyclohexene introduces elements of chemical reactivity that are absent in cyclohexane.

Cyclohexene is flammable and needs to be handled with care to avoid fire hazards. It can be harmful if inhaled, ingested, or comes into contact with skin, causing irritation or more severe health issues depending on the level of exposure. Environmentally, cyclohexene can contribute to air pollution if released, and it should be disposed of according to proper hazardous waste guidelines to minimize its impact.

Cyclohexene Market Size Was Valued at USD 24.8 Billion in 2023 and is Projected to Reach USD 40.43 Billion by 2032, Growing at a CAGR of 5.58% from 2024-2032.

Companies Covered in the report: The Dow Chemical Company (US), CITGO Petroleum Corporation (US), Gelest (United States), Chevron Phillips Chemical Company (US), and Other Major Players.
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What are the segments of the Cyclohexene Market?

The Cyclohexene Market is segmented into Application, End-User, and region. By Application, the market is categorized into Adipic Acid and Caprolactam. By End-User, the market is categorized into Automotive, Paints and Coatings, Textile, and Construction. By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).

Cyclohexene Market Trend Analysis :

Chemical Manufacturing: Cyclohexene is a key intermediate in the production of chemicals such as adipic acid, which is crucial for manufacturing nylon. The global demand for nylon, especially in textiles and automotive applications, significantly influences cyclohexene's market.
Economic Trends: Global economic conditions, including recessions or growth periods, impact industrial production levels and consequently the demand for cyclohexene.

Key Industry Developments in the Cyclohexene Market: In December 2023, Asahi Kasei Corp. and Asahi Kasei Medical Co., Ltd. unveil the Asahi Kasei (China) Bioprocess Technical Center (CBTC) in Suzhou, Jiangsu, China, on November 23, 2023. The CBTC aims to enhance support for China's pharmaceutical sector by offering practical tests and technical assistance for bioprocess and Microza™ products. This initiative underscores Asahi Kasei's commitment to advancing biotherapeutics manufacturing safety and efficiency in China..

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• Cyclohexene Market Top Key Players:
• The Dow Chemical Company (US)
• CITGO Petroleum Corporation (US)
• Gelest (United States)
• Chevron Phillips Chemical Company (US)
• Chemoxy (United Kingdom)
• Metadynea Austria (Austria)
• CEPSA (Spain)
• Clariant (Switzerland)

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Last Updated May 16, 2024