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Cyclohexylbenzene Market Size
- Report ID: GMI4886
- Published Date: Feb 2022
- Report Format: PDF
Cyclohexylbenzene Market Size
Cyclohexylbenzene Market size surpassed USD 375 million in 2020 and is estimated to grow at over 4% CAGR from 2021 to 2027. The increasing use of cyclohexylbenzene by electronics and electrical manufacturers in the form of solvents, intermediates and additives for various chemical products is expected to spur the market growth
Cyclohexylbenzene, also called phenylcyclohexane, is a clear, colorless oily liquid that dissolves in compounds such as acetone, alcohol, benzene, hexane, xylene, carbon tetrachloride, and castor oil. The molecular formula is C12H16. Cyclohexylbenzene is insoluble in glycerol and water, so it is widely used in the manufacture of lithium batteries, liquid crystal displays and plastics. In addition, it can be used as a penetrant used in the adhesive, plastic, ink, dye, and paint industries. The commercial application of cyclohexylbenzene as a phenol precursor or intermediate to produce phenolic resins is expected to boost the overall cyclohexylbenzene industry expansion
| Report Attribute | Details |
|---|---|
| Base Year: | 2020 |
| Cyclohexylbenzene Market Size in 2020: | 375 Million (USD) |
| Forecast Period: | 2021 to 2027 |
| Forecast Period 2021 to 2027 CAGR: | 4.5% |
| 2027 Value Projection: | 510 Million (USD) |
| Historical Data for: | 2016 to 2020 |
| No. of Pages: | 280 |
| Tables, Charts & Figures: | 317 |
| Segments covered: | Type, Application |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Increasing demand for the development of many new technologies such as smartphones, laptops, smart gadgets, personalized healthcare devices, and cyclohexylbenzene-based artificial intelligence and speech recognition technologies is expected to support the growth of the cyclohexylbenzene market.
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Cyclohexylbenzene Market Scope
