Industrial Cyclohexylamine Market Size, Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trend, Competitive Market Share & Forecast, 2020 - 2026
Report ID: GMI1745
Industrial Cyclohexylamine Market size has foreseen dynamic growth owing to its increased usage as a corrosion inhibitor for boiler water treatment plants and low corrosion inhibitor in oil field production where high alkalinity is preferred. It is also used in manufacturing of several synthetic chemicals which include acid gas absorbents, dry cleaning soaps, emulsifying agents, plasticizers and insecticides.
It is also used in rubber industry for manufacturing of vulcanization accelerators. Moreover, increasing use in making synthetic sweeteners and for industrial water treatments will further augment the industry growth. Some other amines, especially morpholine is replacing the product demand in water boiler treatment may act as a restraint for industrial cyclohexylamine market over the forecasted period of time.
Cyclohexylamine generally is found from wood plant of toddalia asiatica. It is a strong base and a flammable liquid. It is manufactured by the catalyst hydrogenation of aniline at high pressure and temperature by the reduction of nitrocyclohexane or by the ammonolysis of cyclohexanol. It is colourless or yellowish colour liquid with odour of ammonia or fish. It is also referred as Hexahydroaniline, Aminohexahydrobenzene, Aminocyclohexane and Cyclohexanamine.
The product has a melting and boiling plant at 17.7 ºC and 134.5 ºC respectively. Like all other amines it has a weak base when compared to other strong bases including NaOH and has a stronger base than aniline, which differs only in than its ring in aromatic. It also has some health hazardous effects including toxic and caustic. It also cause irritation in eyes and also there is possible risk of impaired fertility.
On the basis of its application, industrial cyclohexylamine market can be segmented into artificial sweeteners, corrosion inhibitors, accelerators in rubber industry, water treatment industry. It is also used in manufacturing several synthetic chemicals, including acid gas absorbents, dry cleaning soaps, dyes, emulsifying agents, plasticizers and insecticides. Among these, water treatment industry hold a major share in application segment. Upsurge in use of rubber in various end uses is likely to drive the product market over the estimated years.
Industrial cyclohexylamine market can be divided on the basis of end user industry into agriculture, chemical, dyes & pigments, rubber, food, oil, pharmaceutical, petroleum and textile industries. Amongst, chemical synthesis and rubber industry holds a maximum portion in end user industry segment and is considered to remain the same during the forecasted years.
North America industrial cyclohexylamine market will witness significant growth due to presence of substantial number of industries in the region. Rising research & development activities in the region will provide positive outlook to the industry growth. Upsurge in chemical and pharmaceutical industries will be the key reasons for propelling the future growth. Boom in shale gas & oil in the U.S. may have a positive effect on the industry market.
Europe industrial cyclohexylamine market is the second biggest market and the region will observe the same strong trend over the estimated years. Rise in automotive industries has raised the demand for tyres, thereby impelling the industry demand. Propagating textile and chemical sector in the region will further enhance the market.
Asia Pacific industrial cyclohexylamine market is the fastest growing region owing to rapid industrialization & urbanization and expanding textile & pharmaceutical industries. Increasing number of water treatment plants owing to growing population will boost the industry demand. Also, upsurge in chemical activities in various countries in the region will support the market.
Global industrial cyclohexylamine market is fragmented owing to presence of various multinational players. Several crucial market leaders who have marked their presence across the globe are Air Product Company, BASF, BAYER, Honshu Chemical, Mitsubishi, Kanto Denkal, Nippon Chemical, Blackey Company and Hearst Celanese.
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