The Vinyl Cyclohexane Market is Segmented by Purity Level Type (95%, 97%, and Others), by Application Type (Pharmaceutical, Chemical, Construction, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World)
The Vinyl Cyclohexane Market is Segmented by Purity Level Type (95%, 97%, and Others), by Application Type (Pharmaceutical, Chemical, Construction, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of...
The vinyl cyclohexane marketis estimated to grow from USD 57.9 billion in 2022 to USD 78.1 billion by 2028 at a CAGR of 5.03% during the forecast period.
Vinyl cyclohexane is a chemical compound with the molecular formula C8H12. It is a cycloalkene, which means it contains a ring of carbon atoms with alternating single and double bonds. In the case of vinyl cyclohexane, it has a cyclohexane ring with a vinyl group (-CH=CH2) attached to it.
Vinyl Cyclohexane Market Report Overview
Market Size in 2028
USD 78.1 Billion
Market Size in 2022
USD 57.9 Billion
Market Growth (2023-2028)
CAGR of 5.03%
Base Year of Study
2022
Trend Period
2017-2021
Forecast Period
2023-2028
Market Dynamics
The vinyl cyclohexane market is driven by a host of factors, some of which are noted below:
The vinyl cyclohexane market is primarily driven by the growing demand from the paints and coatings industry in both developing and developed nations.
The vinyl cyclohexane market is expected to benefit from its growth in medical devices and various end-user sectors, especially in developing economies.
The demand for the vinyl cyclohexane market is expected to grow due to increased consumer preference for polymers, potential growth in vinyl cyclohexane applications, increased investment in research and development, and modernization of production methods.
The vinyl cyclohexane market is expected to grow moderately due to increased chemical industry demand and R&D spending, with market participants leveraging the Asian market's potential.
Chemical businesses are prioritizing R&D due to growth visibility and new prospects. Demand for custom synthesis services and supply chain integration has surged. The top 20 chemical businesses have invested an average of 3.3% of their sales income in research, increasing the ratio from 2.7% to 3.3%.
The market is segmented into 95%, 97%, and others. Although the sub-segment products have purity levels of over 95%, they still have some form of impurities present, which decrease their market prices eventually. Within these purity levels, vinyl cyclohexane has been increasingly used in the chemical industry and also as a chemical intermediary in several other industries over the past years. Also, it is expected that there would a surge in the demand for vinyl cyclohexane chemical intermediates in various other industries, which would simultaneously boost their market demand respectively. Furthermore, there has been a rapid rise in the usage of vinyl cyclohexane in a number of chemical synthesis applications, which is fostering the market demand.
By Application Type
The market is segmented into pharmaceutical, chemical, construction, and others. Among these applications, the chemical category is expected to be dominant throughout the forecast period. Of late, the entire chemical industry is exhibiting profound changes. There has been a shift in the industry dynamics, which is altering the complete outlook of the industry. In spite of all these factors, a significant amount of opportunities have arisen for the market players, majorly attributed to the ongoing R&D activities in the industry. It also has been reported that there has been a tremendous increase in the R&D investments by the major chemical companies, around the globe. It is therefore anticipated that with the surge in R&D activities by the chemical companies, the market would gain the maximum traction in the overall market, throughout the forecast period.
By Region
Asia Pacific is anticipated to be the leading region in the market during the forecast period. This is largely because there is a wide availability of cheap labor and raw materials, which is resulting in the shift of the chemical production facilities to the region. It is also expected that the region would witness the highest growth rate, due to increasing domestic markets for the various end-user industries of the market. Moreover, in countries such as China, Japan, South Korea, and India, in particular, there has been a remarkable rise of the chemical and pharmaceutical sectors, among other industries. In addition, the supportive government regulations and subsidies in the Asia Pacific region have aided the market growth in the region.
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Segmentation
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
The vinyl cyclohexane market is segmented into the following categories.
By Purity Level Type:
95%
97%
Others
By Application Type:
Pharmaceutical
Chemical
Construction
Others
By Region:
North America (Country Analysis: the USA, Canada, and Mexico)
Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)
Research Methodology
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.
We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.
What Deliverables Will You Get in this Report?
Key questions this report answers
Relevant contents in the report
How big is the sales opportunity?
In-depth analysis of the Vinyl Cyclohexane Market
How lucrative is the future?
The market forecast and trend data and emerging trends
Which regions offer the best sales opportunities?
Global, regional, and country-level historical data and forecasts
Which are the most attractive market segments?
Market Segment Analysis and Forecast
What are the top players and their market positioning?
Porter’s five forces analysis, PEST analysis, Life cycle analysis
What are the factors affecting the market?
Drivers & challenges
Will I get the information on my specific requirement?
10% free customization
Customization Option
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Detailed profiling of additional market players (up to 3 players)
SWOT analysis of key players (up to 3 players)
Market Segmentation
Current market segmentation by any one of the application types by purity level type.
Competitive Benchmarking
Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.
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Vinyl cyclohexane is a chemical compound with the molecular formula C8H12. It is a cycloalkene, which means it contains a ring of carbon atoms with alternating single and double bonds. In the case of vinyl cyclohexane, it has a cyclohexane ring with a vinyl group (-CH=CH2) attached to it.
AK Scientific Inc., Alfa Aesar (Thermo Fisher Scientific), Apollo Scientific Ltd, BOC Sciences, Evonik Industries, FUJIFILM Wako Pure Chemical Corporation, Merck KGaA, Norquay Technology, Santa Cruz Biotechnology, Inc., and TCI Chemicals (India) Pvt. Ltd are among the key players in the market.