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Vinyl Cyclohexane Market Analysis

  • Report ID: GMI4928
  • Published Date: Jul 2024
  • Report Format: PDF

Vinyl Cyclohexane Market Analysis

Vinyl cyclohexane industry from the >98% purity segment recorded more than USD 25 million in 2023 and will generate over USD 37.7 million by 2032 favored by the rising requirement for superior quality polymers and advanced materials in high-end applications. Industries, such as electronics, aerospace and medical devices deploy materials with exceptional performance characteristics. To that end, high purity vinyl cyclohexene is used for ensuring the stability and reliability of these materials. The growing importance of utilizing highly active solvents and the presence of stringent safety standards will add to the segment growth, as impurities can significantly affect product quality and cause defects or failures.
 

Vinyl Cyclohexane Market Revenue Share, By Application, (2023)

Based on application, the vinyl cyclohexane market value from the chemical segment will generate a revenue of over USD 81.5 million by 2032 due to its extensive use as a crucial intermediate in the synthesis of various high-performance polymers and specialty chemicals. The unique chemical properties of vinyl cyclohexane make it valuable for advanced materials with improved properties, such as high durability, flexibility, and thermal and chemical resistance. Continued innovations in chemical synthesis and polymer technology are also driving the demand for high-quality monomers including vinyl cyclohexene for allowing the development of new and improved materials.
 

North America Vinyl Cyclohexane Market Size, 2021 - 2032 (USD Thousands)

North America vinyl cyclohexane industry size was valued at over USD 18.7 million in 2023 and is expected to witness 4.3% CAGR from 2024 to 2032. This is attributed to the strong industrial base and advanced manufacturing capabilities, particularly in the automotive and electronics sectors. The increasing demand for lightweight and durable materials in the automotive sector to improve fuel efficiency and reduce carbon emissions is driving the need for vinyl cyclohexane as a key ingredient high-performance polymer for automotive parts. Strong R&D activities are also supporting the development of new applications and advanced materials, further increasing the regional product demand.

Authors: Kiran Pulidindi, Manish Verma

Frequently Asked Questions (FAQ) :

Market size for vinyl cyclohexane was worth USD 63.5 million in 2023 and will expand at 4.4% CAGR between 2024 and 2032, owing to increasing demand for specialty chemicals in various industries such as automotive, electronics, and construction.

Vinyl cyclohexane industry from the chemical segment will reach over USD 81.5 million by 2032, fueled by its extensive use in producing specialty chemicals and advanced polymers.

North America industry achieved USD 18.7 million in 2023 due to the region's strong presence in the automotive, electronics, and construction sectors, advanced chemical industry, and high demand for specialty chemicals.

Key players operating in the market are FUJIFILM Wako Pure Chemical Corporation, Hangzhou Keying Chem Co, Ltd, Sigma Aldrich, Beantown Chemical Corporation, City Chemical LLC, Tokyo Chemical Industry Co., Ltd., Santa Cruz Biotechnology, Inc., BOCSCI, Inc., AK Scientific, Inc., Matrix Scientific, among others.

Vinyl Cyclohexane Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 14
  • Tables & Figures: 185
  • Countries covered: 21
  • Pages: 154
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