PUBLISHER: Value Market Research | PRODUCT CODE: 1542570
PUBLISHER: Value Market Research | PRODUCT CODE: 1542570
The global demand for Cyclohexylbenzene Market is presumed to reach the market size of nearly USD 656.03 Million by 2032 from USD 433.17 Million in 2023 with a CAGR of 4.72% under the study period 2024-2032.
Cyclohexylbenzene refers to an organic compound. It is a benzene derivative with a cyclohexyl substituent. It is colorless, which is produced by the alkylation of benzene with cyclohexane. Cyclohexyl Benzene is a high-boiling-point penetrant and solvent which is applied to industries including painting, plastics, and adhesives. Cyclohexyl Benzene can also be utilized for preparing two common intermediates for chemical products - phenol and cyclohexanone. It is majorly utilized as an anti-overcharge additive for the lithium-ion battery electrolyte to enhance battery safety. Cyclohexyl Benzene is one of the major raw materials used for producing the LCD material intermediate known as 4-ethyl cyclohexyl benzoic acid.
The exponential growth in the electronics industry due to varying lifestyles and high demand for electronic products by consumers is the major factor driving the cyclohexylbenzene market. The increasing electric vehicles adoption across the world leads to high, market demand from these industries. The rapidly expanding construction sector is stimulating high market demand in the forecast period. Moreover, the rising demand for laptops, personalized healthcare devices, smartphones, smart gadgets, personalized healthcare devices, and many new technology developments such as voice recognition technology and artificial intelligence is likely to create lucrative growth opportunities for key players of the cyclohexylbenzene market in the coming years.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Cyclohexylbenzene. The growth and trends of Cyclohexylbenzene industry provide a holistic approach to this study.
This section of the Cyclohexylbenzene market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Cyclohexylbenzene market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Cyclohexylbenzene market include Sigma Aldrich, Thermo Fischer, Kishida Chemical, TCI Chemicals, Schultz Chemicals, J&H Chemical, Santa Cruz Biotechnology, AA Blocks, Sinfoo Biotech, ABCR Gmbh, Alfa Chemistry, Others. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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