PUBLISHER: The Business Research Company | PRODUCT CODE: 1926023
PUBLISHER: The Business Research Company | PRODUCT CODE: 1926023
Cyclohexylbenzene is a bicyclic hydrocarbon resulting from the direct linkage of a cyclohexane and benzene ring. Its production involves heating with hydrogen in the presence of a catalyst, leading to partial hydrogenation, and subsequent alkylation to yield cyclohexylbenzene. This compound plays a crucial role as an electrolyte additive in lithium-ion batteries, enhancing battery safety. Moreover, it finds applications in drug manufacturing and various chemical compounds.
Cyclohexylbenzene is available in two main types such as standard and high purity. Standard cyclohexylbenzene, with a purity level of 97% and above, is employed as a penetrant in plastics, painting, and adhesives. Its applications span across various industries, including plastics, paints and coatings, adhesives, electrical and electronic equipment, and chemical production.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs are impacting the cyclohexylbenzene market by increasing costs of imported raw hydrocarbons, catalysts, and processing equipment used in production. Chemical manufacturers in Asia-Pacific are most affected due to export-oriented production, while North America and Europe face higher costs for specialty chemical imports. These tariffs are influencing pricing and supply chain strategies. However, they are also encouraging domestic chemical production, regional capacity expansion, and innovation in efficient synthesis processes.
The cyclohexylbenzene market research report is one of a series of new reports from The Business Research Company that provides cyclohexylbenzene market statistics, including cyclohexylbenzene industry global market size, regional shares, competitors with a cyclohexylbenzene market share, detailed cyclohexylbenzene market segments, market trends and opportunities, and any further data you may need to thrive in the cyclohexylbenzene industry. This cyclohexylbenzene market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The cyclohexylbenzene market size has grown strongly in recent years. It will grow from $2.74 billion in 2025 to $2.9 billion in 2026 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to expansion of chemical manufacturing activities, growth of lcd and electronics production, increasing demand for specialty hydrocarbons, rising use in industrial chemical synthesis, availability of catalytic processing technologies.
The cyclohexylbenzene market size is expected to see strong growth in the next few years. It will grow to $3.61 billion in 2030 at a compound annual growth rate (CAGR) of 5.6%. The growth in the forecast period can be attributed to increasing investments in battery technology, rising demand for advanced electronic materials, expansion of specialty chemical production, growing focus on high-purity chemical applications, increasing adoption in pharmaceutical manufacturing. Major trends in the forecast period include increasing use as lithium-ion battery electrolyte additives, rising demand from electronics and display manufacturing, growing application in chemical intermediates production, expansion of high-purity chemical usage, enhanced focus on process safety and performance.
The rising growth in the electronics industry is expected to propel the cyclohexylbenzene market. The electronics sector contributes to economic growth, job creation, and development in other industries. Cyclohexylbenzene is used as an anti-overcharge additive in electric and electronic LCDs, making it a critical component for the electronics industry. For instance, in 2023, according to the United States International Trade Commission (USITC), a US-based government agency, the total value of U.S. exports of electronic products increased from $303.0 billion in 2022 to $306.2 billion in 2023. Therefore, the rising manufacturing and demand for electronics is driving the cyclohexylbenzene market.
The increasing adoption of electric vehicles is expected to further boost the cyclohexylbenzene market. Cyclohexylbenzene functions as an electrolyte additive for overcharge protection in lithium-ion batteries (LIBs). The growing demand for safer and more efficient battery technologies in electric vehicles increases the need for additives like cyclohexylbenzene, which enhances the safety and performance of LIBs. For instance, in July 2023, according to the International Energy Agency, a France-based intergovernmental organization, sales of electric vehicles rose from 10 million in 2022 to an estimated 14 million in 2023. Therefore, the rising adoption of electric vehicles is driving cyclohexylbenzene demand.
Expansion in the pharmaceutical industry is also expected to propel the cyclohexylbenzene market. Pharmaceuticals include products, compounds, or substances used in the diagnosis, treatment, or prevention of diseases. Cyclohexylbenzene serves as a key chemical intermediate in pharmaceutical manufacturing, enabling the synthesis of active ingredients and other essential compounds. For instance, in October 2025, according to the European Federation of Pharmaceutical Industries and Associations (EFPIA), a Belgium-based organization, European pharmaceutical production increased from €405.7 billion in 2023 to €440.0 billion in 2024. Therefore, the growth of the pharmaceutical sector is contributing to the cyclohexylbenzene market expansion.
Major companies operating in the cyclohexylbenzene market are Thermo Fisher Scientific Inc., The Merck Group, TCI Chemicals Co. Ltd., Alfa Chemical Co. Ltd., Schultz Chemicals Limited, Biosynth International Inc., Henan Tianfu Chemicals Company Limited, Syntechem Company Limited, Amadis Chemical Company Limited, Hangzhou Hairui Chemical Ltd., Oakwood Products Inc., Dynovac Industries Inc., Anshika Polysurf Limited, Eastman Chemical Company, BASF SE, MITSUBISHI Corporation, Jintan Jinnuo Chemical Co. Ltd., Anhui Fulltime Specialized Solvents & Reagents Co. Ltd., Jiaxing Buyun Fuxin Chemical Factory, CEC Limited, Nanjing Qisheng Chemical Industry Co. Ltd., Changsha Easchem Co. Ltd., Hefei TNJ Chemical Co. Ltd., Zhejiang Weihua Chemical Co. Ltd., Dayangchem Co. Ltd., Haihang Industry Co. Ltd., Jinan Haohua Industry Co. Ltd., Shanghai Hanhong Chemical Co. Ltd.
Asia-Pacific was the largest region in the cyclohexylbenzene market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cyclohexylbenzene market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the cyclohexylbenzene market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The cyclohexylbenzene market consists of sales of electronic-grade and industry grade cyclohexylbenzene. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Cyclohexylbenzene Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses cyclohexylbenzene market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for cyclohexylbenzene ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The cyclohexylbenzene market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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