The Global Vinyl Cyclohexane Market Size is valued at 64.7 million in 2023 and is predicted to reach 109.79 million by the year 2031 at an 7.05% CAGR during the forecast period for 2024-2031.
Key Industry Insights & Findings from the report:
Vinyl cyclohexane is appropriate for various healthcare advancements, notably thermoformed or translucent extruded elements for non-sterile and sterilized analytical containers, Petri dishes, etc. The advantages of vinyl cyclohexane-based polymers make them the perfect substance for a wide range of commercial applications. The market for vinyl cyclohexane is expanding due to both the expanding global plastics industry and prospective product applications in polymerization.
During the projection period, high vinyl cyclohexane market growth is driven by exponential growth in industry research efforts and the possible production of vinyl cyclohexane-based polymers. Moreover, the dominant driver driving the market growth rate is the increased demand for vinyl cyclohexane from the paints and coatings sector in established and developing nations. Increasing uses for vinyl cyclohexane, including in implantable implants and the expansion and growth of numerous end-user industries.
Additionally, the primary drivers of the development of the vinyl cyclohexane market are an increase in government investment in R&D activities, huge requirement for vinyl cyclohexane, notably in emerging economies, the burgeoning use of vinyl cyclohexane for a variety of end application programs, including automotive, textile, and renovation, and an increase in mechanization, particularly in developing countries. However, inadequate input materials availability and demand due to the tightness and unpredictability of their costs is the main barrier to the growth of the vinyl cyclohexane industry.
The vinyl cyclohexane market is divided based on purity and end users. Based on purity, the market is segmented as 95%, 97% and ≥ 98%. By application, the market is segmented into chemicals, building and construction, pharmaceuticals, paint and coatings and others.
The 95% category will hold a significant share of the global Vinyl Cyclohexane market in 2021. They continue to contain some contamination, ultimately driving down their market values. In recent years, within these purity conditions, vinyl cyclohexane has seen an increase in use in the chemical industry and as an intermediary in some other industries. Additionally, a surge in demand for vinyl cyclohexane chemical intermediates in some other sectors is anticipated throughout the projection period, boosting each industry's market demand. Vinyl cyclohexane in several chemical synthesis applications quickly expands, fueling the market's expansion during the projected period.
The chemical industry segment is projected to grow rapidly in the global vinyl cyclohexane market. The dynamics of the industry have changed, which has an impact on the sector's prognosis as a whole. Despite these challenges, several opportunities have opened up for vinyl cyclohexane market participants, thanks to the industry's ongoing R&D expenditures. The global R&D investment of the major chemical industries has skyrocketed. It is anticipated that the vinyl cyclohexane market will grow the fastest over the forecast period due to chemical companies' increased R&D efforts.
The North America vinyl cyclohexane market is expected to register the highest market share. The healthcare sector in the nation has expanded more quickly than the national economy. As a result, the demand for vinyl cyclohexane is significantly rising, supporting the expansion of the vinyl cyclohexane market for the forecast period. Examples of medical equipment produced more frequently include light microscope slides, super absorbent plates, endotracheal intubation, analytical vessels, corrective lenses, etc. In addition, Asia Pacific is projected to grow rapidly in the global vinyl cyclohexane market. This is primarily due to increasing domestic markets for the different end businesses in the vinyl cyclohexane market. The Chinese chemical industry has seen an increase in investment because of a sizable number of target consumers and benevolent government policies. The Chinese chemical industry has seen an increase in investment because of a sizable consumer base and benevolent government policies. The nation has been geared toward acting as a production hub for major international retailers due to the availability of cheap both labor and capital, government incentives, and relaxed environmental standards.
Report Attribute |
Specifications |
Market size value in 2023 |
USD 64.7 million |
Revenue forecast in 2031 |
USD 109.7 million |
Growth Rate CAGR |
CAGR of 7.05% from 2024 to 2031 |
Quantitative units |
Representation of revenue in US$ Million, Volume (KT) and CAGR from 2024 to 2031 |
Historic Year |
2019 to 2023 |
Forecast Year |
2024-2031 |
Report coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
Segments covered |
Purity And End Users |
Regional scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
Country scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; South East Asia; South Korea; South East Asia |
Competitive Landscape |
abcr GmbH, AK Scientific, Inc, Alfa Aesar, BASF SE, BOCSCI, Inc, British Petroleum, Cepsa, Chevron Phillips Chemical Company LLC, China National Petroleum Corporation, Clariant Ltd, Dow Inc, DSM, DuPont, Exxon Mobil Corporation, FUJIFILM Wako Pure Chemical Corporation, Huntsman Corporation, Liaoning Yufeng Chemical Co., Ltd, Matrix Scientific , Merck KGaA, Norquay Technology, Inc, PTT Global Chemical Public Company Limited, SABIC, Santa Cruz Biotechnology, Inc, Sunmarks, LLC. , Thermo Fisher Scientific Inc, Tokyo Chemical Industry Co., Ltd, Toray Industries, Inc. |
Customization scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
Pricing and available payment methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Vinyl Cyclohexane Market Snapshot
Chapter 4. Global Vinyl Cyclohexane Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: by Purity Estimates & Trend Analysis
5.1. by Purity & Market Share, 2019 & 2031
5.2. Market Size (Value (US$ Mn) & Volume (KT) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Purity:
5.2.1. 95%
5.2.2. 97%
5.2.3. ≥ 98%
Chapter 6. Market Segmentation 2: by End-users Estimates & Trend Analysis
6.1. by End-users & Market Share, 2019 & 2031
6.2. Market Size (Value (US$ Mn) & Volume (KT) & Forecasts and Trend Analyses, 2019 to 2031 for the following by End-users:
6.2.1. Chemicals
6.2.2. Building and construction
6.2.3. Pharmaceutical
6.2.4. Paint and coatings
6.2.5. Others
Chapter 7. Vinyl Cyclohexane Market Segmentation 3: Regional Estimates & Trend Analysis
7.1. North America
7.1.1. North America Vinyl Cyclohexane Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Purity, 2024-2031
7.1.2. North America Vinyl Cyclohexane Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by End-users, 2024-2031
7.1.3. North America Vinyl Cyclohexane Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by country, 2024-2031
7.2. Europe
7.2.1. Europe Vinyl Cyclohexane Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Purity, 2024-2031
7.2.2. Europe Vinyl Cyclohexane Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by End-users, 2024-2031
7.2.3. Europe Vinyl Cyclohexane Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by country, 2024-2031
7.3. Asia Pacific
7.3.1. Asia Pacific Vinyl Cyclohexane Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Purity, 2024-2031
7.3.2. Asia Pacific Vinyl Cyclohexane Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by End-users, 2024-2031
7.3.3. Asia Pacific Vinyl Cyclohexane Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by country, 2024-2031
7.4. Latin America
7.4.1. Latin America Vinyl Cyclohexane Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Purity, 2024-2031
7.4.2. Latin America Vinyl Cyclohexane Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by End-users, 2024-2031
7.4.3. Latin America Vinyl Cyclohexane Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by country, 2024-2031
7.5. Middle East & Africa
7.5.1. Middle East & Africa Vinyl Cyclohexane Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Purity, 2024-2031
7.5.2. Middle East & Africa Vinyl Cyclohexane Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by End-users, 2024-2031
7.5.3. Middle East & Africa Vinyl Cyclohexane Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by country, 2024-2031
Chapter 8. Competitive Landscape
8.1. Major Mergers and Acquisitions/Strategic Alliances
8.2. Company Profiles
8.2.1. abcr GmbH
8.2.2. AK Scientific, Inc
8.2.3. Alfa Aesar
8.2.4. BASF SE
8.2.5. BOCSCI, Inc
8.2.6. British Petroleum
8.2.7. Cepsa
8.2.8. Chevron Phillips Chemical Company LLC
8.2.9. China National Petroleum Corporation
8.2.10. Clariant Ltd
8.2.11. Dow Inc
8.2.12. DSM
8.2.13. DuPont
8.2.14. Exxon Mobil Corporation
8.2.15. FUJIFILM Wako Pure Chemical Corporation
8.2.16. Huntsman Corporation
8.2.17. Liaoning Yufeng Chemical Co., Ltd
8.2.18. Matrix Scientific
8.2.19. Merck KGaA
8.2.20. Norquay Technology, Inc
8.2.21. PTT Global Chemical Public Company Limited
8.2.22. SABIC
8.2.23. Santa Cruz Biotechnology, Inc
8.2.24. Sunmarks, LLC.
8.2.25. Thermo Fisher Scientific Inc
8.2.26. Tokyo Chemical Industry Co., Ltd
8.2.27. Toray Industries, Inc.
8.2.28. Other Prominent Players
Segmentation of Vinyl Cyclohexane Market-
Vinyl Cyclohexane Market By Purity
Vinyl Cyclohexane Market By End-Use Industry
Vinyl Cyclohexane Market By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.