Cyclohexane Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Description

The global cyclohexane market, valued at US$ 25 billion in 2024, is projected to surge to US$ 40 billion by 2031, recording a remarkable Compound Annual Growth Rate (CAGR) of 7% over the next decade, according to the latest research by Fairfield Market Research. Asia Pacific is set to maintain its position as the primary consumer of cyclohexane during this period.

Factors Fueling Cyclohexane Market Expansion

Rising Demand from the Textile Industry: Cyclohexane plays a crucial role in the production of nylon, specifically Nylon 6 and Nylon 6,6. These materials find applications in a wide range of industries, including textiles, upholstery, carpets, fishing nets, and more. The growing demand from the textile industry is a significant driver propelling the global cyclohexane market.
Strong Utilization in the Automobile Sector: The automotive industry relies on nylon 6 resins for various applications such as cushioning, seat filling, and manufacturing automobile hoses, seat belts, and other components. Despite a temporary setback due to the COVID-19 pandemic, the recovery of the automobile sector is expected to boost the use of cyclohexane, especially in the production of nylon safety belts, tire cords, and more.

Regional Insights

Asia Pacific Dominates: Asia Pacific currently leads the global cyclohexane market and is poised to maintain its dominance throughout the forecast period. Countries like China and India, with their booming construction, textiles, and automotive sectors, are expected to be major contributors to the market's revenue in this region. For example, China's robust construction industry is driving the demand for cyclohexane and its derivatives in various applications.

Product Overview

Cyclohexane is produced through the catalytic hydrogenation of benzene and is characterized by its water insolubility and colorless nature. It serves as a vital component in the manufacturing of caprolactam and adipic acid, which are intermediates used in the production of Nylon 6,6 and Nylon 6. Additionally, cyclohexane has applications as a solvent, in chemical synthesis, and as a reaction diluent. It is also utilized in the production of KA Oil and can act as a substitute for benzene in certain applications.

Competitive Landscape

Key companies profiled in the global cyclohexane market include-

BASF SE
Sunoco Chemicals
ExxonMobil Chemical
Huntsman Corporation
Chevron Phillips Chemical Company

Cyclohexane Industry Research Segmentation

By Application:

Adipic Acid
Caprolactam
Others

By End Use:

Nylon 6
Nylon 66
Others

By Region:

North America
Latin America
Europe
South Asia
East Asia
Oceania
Middle East & Africa

1. Executive Summary

1.1. Global Cyclohexane Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2023
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Production Output and Trade Statistics, 2018-2023

3.1. Global Cyclohexane, Production Output, by Region, 2018 - 2023
- 3.1.1. North America
- 3.1.2. Europe
- 3.1.3. Asia Pacific
- 3.1.4. Latin America
- 3.1.5. Middle East & Africa

4. Global Cyclohexane Market Outlook, 2018 - 2031

4.1. Global Cyclohexane Market Outlook, by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 4.1.1. Key Highlights
  - 4.1.1.1. Adipic Acid
  - 4.1.1.2. Caprolactam
  - 4.1.1.3. Others
4.2. Global Cyclohexane Market Outlook, by End Use, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 4.2.1. Key Highlights
  - 4.2.1.1. Nylon 6
  - 4.2.1.2. Nylon 66
4.3. Global Cyclohexane Market Outlook, by Region, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 4.3.1. Key Highlights
  - 4.3.1.1. North America
  - 4.3.1.2. Europe
  - 4.3.1.3. Asia Pacific
  - 4.3.1.4. Latin America
  - 4.3.1.5. Middle East & Africa

5. North America Cyclohexane Market Outlook, 2018 - 2031

5.1. North America Cyclohexane Market Outlook, by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Adipic Acid
  - 5.1.1.2. Caprolactam
  - 5.1.1.3. Others
5.2. North America Cyclohexane Market Outlook, by End Use, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Nylon 6
  - 5.2.1.2. Nylon 66
  - 5.2.1.3. Others
- 5.2.2. BPS Analysis/Market Attractiveness Analysis
5.3. North America Cyclohexane Market Outlook, by Country, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. U.S. Cyclohexane Market by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 5.3.1.2. U.S. Cyclohexane Market End Use, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 5.3.1.3. Canada Cyclohexane Market by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 5.3.1.4. Canada Cyclohexane Market End Use, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 5.3.2. BPS Analysis/Market Attractiveness Analysis

6. Europe Cyclohexane Market Outlook, 2018 - 2031

6.1. Europe Cyclohexane Market Outlook, by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Adipic Acid
  - 6.1.1.2. Caprolactam
  - 6.1.1.3. Others
6.2. Europe Cyclohexane Market Outlook, by End Use, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Nylon 6
  - 6.2.1.2. Nylon 66
  - 6.2.1.3. Others
- 6.2.2. BPS Analysis/Market Attractiveness Analysis
6.3. Europe Cyclohexane Market Outlook, by Country, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. Germany Cyclohexane Market by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.2. Germany Cyclohexane Market End Use, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.3. U.K. Cyclohexane Market by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.4. U.K. Cyclohexane Market End Use, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.5. France Cyclohexane Market by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.6. France Cyclohexane Market End Use, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.7. Italy Cyclohexane Market by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.8. Italy Cyclohexane Market End Use, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.9. Turkey Cyclohexane Market by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.10. Turkey Cyclohexane Market End Use, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.11. Russia Cyclohexane Market by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.12. Russia Cyclohexane Market End Use, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.13. Rest of Europe Cyclohexane Market by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 6.3.1.14. Rest of Europe Cyclohexane Market End Use, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 6.3.2. BPS Analysis/Market Attractiveness Analysis

7. Asia Pacific Cyclohexane Market Outlook, 2018 - 2031

7.1. Asia Pacific Cyclohexane Market Outlook, by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Adipic Acid
  - 7.1.1.2. Caprolactam
  - 7.1.1.3. Others
7.2. Asia Pacific Cyclohexane Market Outlook, by End Use, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 7.2.1. Key Highlights
  - 7.2.1.1. Nylon 6
  - 7.2.1.2. Nylon 66
  - 7.2.1.3. Others
- 7.2.2. BPS Analysis/Market Attractiveness Analysis
7.3. Asia Pacific Cyclohexane Market Outlook, by Country, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. China Cyclohexane Market by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 7.3.1.2. China Cyclohexane Market End Use, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 7.3.1.3. Japan Cyclohexane Market by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 7.3.1.4. Japan Cyclohexane Market End Use, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 7.3.1.5. South Korea Cyclohexane Market by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 7.3.1.6. South Korea Cyclohexane Market End Use, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 7.3.1.7. India Cyclohexane Market by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 7.3.1.8. India Cyclohexane Market End Use, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 7.3.1.9. Southeast Asia Cyclohexane Market by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 7.3.1.10. Southeast Asia Cyclohexane Market End Use, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 7.3.1.11. Rest of Asia Pacific Cyclohexane Market by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 7.3.1.12. Rest of Asia Pacific Cyclohexane Market End Use, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 7.3.2. BPS Analysis/Market Attractiveness Analysis

8. Latin America Cyclohexane Market Outlook, 2018 - 2031

8.1. Latin America Cyclohexane Market Outlook, by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Adipic Acid
  - 8.1.1.2. Caprolactam
  - 8.1.1.3. Others
8.2. Latin America Cyclohexane Market Outlook, by End Use, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 8.2.2. BPS Analysis/Market Attractiveness Analysis
8.3. Latin America Cyclohexane Market Outlook, by Country, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 8.3.1. Key Highlights
  - 8.3.1.1. Brazil Cyclohexane Market by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 8.3.1.2. Brazil Cyclohexane Market End Use, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 8.3.1.3. Mexico Cyclohexane Market by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 8.3.1.4. Mexico Cyclohexane Market End Use, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 8.3.1.5. Argentina Cyclohexane Market by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 8.3.1.6. Argentina Cyclohexane Market End Use, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 8.3.1.7. Rest of Latin America Cyclohexane Market by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 8.3.1.8. Rest of Latin America Cyclohexane Market End Use, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 8.3.2. BPS Analysis/Market Attractiveness Analysis

9. Middle East & Africa Cyclohexane Market Outlook, 2018 - 2031

9.1. Middle East & Africa Cyclohexane Market Outlook, by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 9.1.1. Key Highlights
  - 9.1.1.1. Adipic Acid
  - 9.1.1.2. Caprolactam
  - 9.1.1.3. Others
9.2. Middle East & Africa Cyclohexane Market Outlook, by End Use, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 9.2.1. Key Highlights
  - 9.2.1.1. Nylon 6
  - 9.2.1.2. Nylon 66
  - 9.2.1.3. Others
- 9.2.2. BPS Analysis/Market Attractiveness Analysis
9.3. Middle East & Africa Cyclohexane Market Outlook, by Country, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 9.3.1. Key Highlights
  - 9.3.1.1. GCC Cyclohexane Market by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 9.3.1.2. GCC Cyclohexane Market End Use, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 9.3.1.3. South Africa Cyclohexane Market by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 9.3.1.4. South Africa Cyclohexane Market End Use, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 9.3.1.5. Egypt Cyclohexane Market by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 9.3.1.6. Egypt Cyclohexane Market End Use, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 9.3.1.7. Nigeria Cyclohexane Market by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 9.3.1.8. Nigeria Cyclohexane Market End Use, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 9.3.1.9. Rest of Middle East & Africa Cyclohexane Market by Application, Volume (Tons) and Value (US$ Bn), 2018 - 2031
  - 9.3.1.10. Rest of Middle East & Africa Cyclohexane Market End Use, Volume (Tons) and Value (US$ Bn), 2018 - 2031
- 9.3.2. BPS Analysis/Market Attractiveness Analysis

10. Competitive Landscape

10.1. Purity vs End Use Heatmap
10.2. Manufacturer vs End Use Heatmap
10.3. Company Market Share Analysis, 2022
10.4. Competitive Dashboard
10.5. Company Profiles
- 10.5.1. BASF SE
  - 10.5.1.1. Company Overview
  - 10.5.1.2. Product Portfolio
  - 10.5.1.3. Financial Overview
  - 10.5.1.4. Business Strategies and Development
- 10.5.2. Sunoco Chemicals
  - 10.5.2.1. Company Overview
  - 10.5.2.2. Product Portfolio
  - 10.5.2.3. Financial Overview
  - 10.5.2.4. Business Strategies and Development
- 10.5.3. ExxonMobil Chemical
  - 10.5.3.1. Company Overview
  - 10.5.3.2. Product Portfolio
  - 10.5.3.3. Financial Overview
  - 10.5.3.4. Business Strategies and Development
- 10.5.4. Huntsman Corporation
  - 10.5.4.1. Company Overview
  - 10.5.4.2. Product Portfolio
  - 10.5.4.3. Financial Overview
  - 10.5.4.4. Business Strategies and Development
- 10.5.5. Chevron Phillips Chemical Company
  - 10.5.5.1. Company Overview
  - 10.5.5.2. Product Portfolio
  - 10.5.5.3. Financial Overview
  - 10.5.5.4. Business Strategies and Development
- 10.5.6. Sinopec Limited
  - 10.5.6.1. Company Overview
  - 10.5.6.2. Product Portfolio
  - 10.5.6.3. Financial Overview
  - 10.5.6.4. Business Strategies and Development
- 10.5.7. BP PLC
  - 10.5.7.1. Company Overview
  - 10.5.7.2. Product Portfolio
  - 10.5.7.3. Financial Overview
  - 10.5.7.4. Business Strategies and Development
- 10.5.8. Chemtool Incorporated
  - 10.5.8.1. Company Overview
  - 10.5.8.2. Product Portfolio
  - 10.5.8.3. Financial Overview
  - 10.5.8.4. Business Strategies and Development
- 10.5.9. Koninklijke DSM N.V.
  - 10.5.9.1. Company Overview
  - 10.5.9.2. Product Portfolio
  - 10.5.9.3. Financial Overview
  - 10.5.9.4. Business Strategies and Development
- 10.5.10. Idemitsu Kosan Co., Ltd.
  - 10.5.10.1. Company Overview
  - 10.5.10.2. Product Portfolio
  - 10.5.10.3. Financial Overview
  - 10.5.10.4. Business Strategies and Development
- 10.5.11. CITGO Petroleum Corporation
  - 10.5.11.1. Company Overview
  - 10.5.11.2. Product Portfolio
  - 10.5.11.3. Financial Overview
  - 10.5.11.4. Business Strategies and Development
- 10.5.12. BP Refining & Petrochemicals GmbH
  - 10.5.12.1. Company Overview
  - 10.5.12.2. Product Portfolio
  - 10.5.12.3. Financial Overview
  - 10.5.12.4. Business Strategies and Development

11. Appendix

11.1. Research Methodology
11.2. Report Assumptions
11.3. Acronyms and Abbreviations