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Industrial Cyclohexylamine Market Size, Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trend, Competitive Market Share & Forecast, 2023 – 2032

  • Report ID: GMI1745

Industrial Cyclohexylamine Market size is expected to foresee dynamic growth during 2023-2032, owing to the increased usage of industrial cyclohexylamine as a corrosion inhibitor for boiler water treatment plants and low corrosion inhibitor in oil field production where high alkalinity is preferred. Besides, its growing utilization in manufacturing several synthetic chemicals, including acid gas absorbents, dry cleaning soaps, emulsifying agents, plasticizers, and insecticides, will stimulate product demand over the next ten years.
 

Industrial cyclohexylamine is largely employed in the rubber industry for manufacturing vulcanization accelerators. Moreover, the widespread product usage in making synthetic sweeteners and industrial water treatment facilities will further augment industry growth. Some other amines, especially morpholine, have emerged as a potential alternative to cyclohexylamine in water boiler treatment and may hamper the industrial cyclohexylamine market growth through 2032.
 

Cyclohexylamine generally is found in the 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 reducing nitrocyclohexane or by the ammonolysis of cyclohexanol. It is a colorless or yellowish-colored liquid with an odor of ammonia or fish. It is also referred to as Hexahydroaniline, Aminohexahydrobenzene, Aminocyclohexane, and Cyclohexanamine.
 

The product has a melting and boiling point of 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 its ring in aromatic. It also has some hazardous health effects, including toxic and caustic. It can cause irritation in the eyes and may also lead to impaired fertility.
 

The Ukraine-Russia crisis is continuing to increase transportation costs and commodity prices globally. The rising costs of raw materials are prompting enterprises to take quick action by increasing the prices of end products. This, while helping offset their input costs, leads to overall price hikes, thus impacting global industrial production. Besides, the bilateral dependencies, persistent market asymmetries, lack of transparency, and export restrictions caused due to financial and trade sanctions imposed on Russia have further impeded the growth of the manufacturing sector globally. This has limited the uptake of industrial cyclohexylamine market demand through 2032.
 

Global industrial cyclohexylamine market can be segmented into artificial sweeteners, corrosion inhibitors, and accelerators in the rubber and water treatment industries. It is also used in manufacturing several synthetic chemicals, including acid gas absorbents, dry cleaning soaps, dyes, emulsifying agents, plasticizers, and insecticides. Out of these, the water treatment industry holds a significant share in the application segment. An upsurge in the use of rubber in various end-use verticals is likely to drive the product market over the estimated years.
 

The industrial cyclohexylamine market share is divided into agriculture, chemical, dyes & pigments, rubber, food, oil, pharmaceutical, petroleum, and textile industries. The chemical synthesis and rubber industry holds a notable portion of the end-user industry segment and is poised to witness a similar trend during the forecasted years.
 

North America industrial cyclohexylamine market is primed to witness significant growth over 2023-2032 due to the strong presence of several product manufacturers in the region. Rising research & development activities will provide a positive growth outlook for the regional industry. Commendable growth of the chemical and pharmaceutical industries will be the key reasons for propelling future growth. The boom in shale gas & oil in the U.S. may positively influence the market dynamics.
 

Global industrial cyclohexylamine market key players include Air Product Company (Air Products), BASF, BAYER, Honshu Chemical (Honshu Chemical Industry), Mitsubishi, Kanto Denka (KANTO DENKA KOGYO CO., LTD.), Nippon Chemical (Nippon Chemical Industrial), Blackey Company, and Hoechst Celanese (Celanese Corporation).
 

What Information does this report contain?

Historical data coverage: 2018 to 2022; Growth Projections: 2023 to 2032.
Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
6-7 year performance forecasts: major segments covering applications, top products and geographies.
Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.

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