Market Research Report
Global Cyclohexylbenzene Market Size By Type, By Application Industry Analysis Report, Country Outlook Application Development, Price Trends, Competitive Market Share & Forecast, 2020 - 2026
|Published by||Global Market Insights Inc.||Product code||979741|
|Published||Content info||270 Pages
Delivery time: 2-3 business days
|Global Cyclohexylbenzene Market Size By Type, By Application Industry Analysis Report, Country Outlook Application Development, Price Trends, Competitive Market Share & Forecast, 2020 - 2026|
|Published: December 28, 2020||Content info: 270 Pages||
Global Cyclohexylbenzene Market Size By Type (Electronic Grade, Industry Grade), By Application (Intermediate, Solvent, Others) Industry Analysis Report, Country Outlook Application Development, Price Trends, Competitive Market Share & Forecast, 2020 - 2026.
The cyclohexylbenzene market is slated to witness considerable growth over the coming time period owing to high product demand from various end-user industries like adhesives, paints, plastics among many others, and increasing product usage in lithium-ion batteries. Cyclohexylbenzene is a colorless transparent liquid with molecular formula of C12H16 and molecular weight of nearly 160.3. It is a kind of high-boiling-point solvent.
The product finds application as a penetrant applied to industries such as adhesives, painting and plastics. Cyclohexyl Benzene can further be utilized for preparing common intermediates for chemical products like cyclohexanone and phenol. It is also used in the preparation of LCD (liquid crystal display) material intermediate 4-ethyl cyclohexyl benzoic acid and is one of the key raw materials. Further, cyclohexylbenzene also acts as an additive for lithium-ion based battery electrolyte for improving the safety of batteries.
In a process for making cyclohexylbenzene, hydrogen and benzene are contacted with a potential catalyst under possible hydroalkylation conditions for creating an effluent comprising of cyclohexylbenzene. The catalyst contains a molecular filter composite, an inorganic oxide which is dissimilar from the said molecular filter as well as one hydrogenation metal, wherein at least 50 weight percent of assumed hydrogenation metal is supported on the inorganic oxide.
Further the inorganic oxide has an average particle size below 40 microns (μm). All the elements are well-combined to attain a high purity cyclohexylbenzene product formed with an extremely high energy efficiency, high purity and high yield. Overall, a meticulous design of each element as well as integration of the complete system is needed to attain maximum proficiency.
The global cyclohexylbenzene market is bifurcated in terms of application, types, and regional landscape.
In terms of application, the overall global cyclohexylbenzene market is classified into solvent, intermediate, and others. Among these, the other application segment is expected to grow at a CAGR of around 2.6% over the forecast time period. As a penetrant cyclohexylbenzene is highly useful in numerous industries such as paints, adhesives and plastics.
From a regional frame of reference, cyclohexylbenzene market in Latin America is expected to reach a valuation of approximately $20.96 million by the end of the analysis time period. The region is expected to grow at a CAGR of more than 3.3% through the forthcoming time period. Presence of a well-established plastics industry across the region will further favor the market growth.
Meanwhile, Middle East & Africa cyclohexylbenzene market is anticipated to reach a valuation of nearly $26.57 million by the end of the forecast time period.