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Vinyl Cyclohexane Market

Vinyl Cyclohexane Market Size, Share & Trends Analysis Report By purity (95%, 97% And ≥ 98%) And End Users (Chemicals, Building And Construction, Pharmaceuticals, Paint And Coatings And Others), By Region, And Segment Forecasts, 2024-2031

Report ID : 1539 | Published : 2024-01-30 | Pages: 180 | Format: PDF/EXCEL

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.

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.

Key Industry Insights & Findings from the report:

  • Vinyl compound is a standout member of the several organic chemical compound groups because of its many benefits for on-site use.
  • The increasing demand in polymer industry for specialty resins is expected to drive industry growth.
  • Asia Pacific dominated the market and accounted for a revenue share of global revenue in 2023.
  • One of the significant concerns restraining industry growth is limited awareness and market penetration.

vinyl

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. 

Recent Developments:

  • In November 2020-Cefic, established a partnership with the Healthy Workplaces project of the European Union Information Agency for Occupational Safety and Health (EU OSHA). 

Competitive Landscape:

Some of the major key players in the Vinyl Cyclohexane market are:

  • 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. 

Market Segmentation:

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.

Based on purity, the 95% segment is a significant contributor to the vinyl cyclohexane market

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 witnessed growth at a rapid rate

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 American vinyl cyclohexane market holds a significant regional revenue share

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.

Vinyl Cyclohexane Market Report Scope:

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

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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      

  • 95%
  • 97%
  • ≥ 98%

Vinyl Cyclohexane Market

Vinyl Cyclohexane Market By End-Use Industry         

  • Chemicals
  • Building and construction
  • Pharmaceutical
  • Paint and coatings
  • Others

Vinyl Cyclohexane Market By Region-

North America-

  • The US
  • Canada
  • Mexico

Europe-

  • Germany
  • The UK
  • France
  • Italy
  • Spain
  • Rest of Europe

Asia-Pacific-

  • China
  • Japan
  • India
  • South Korea
  • South East Asia
  • Rest of Asia Pacific

Latin America-

  • Brazil
  • Argentina
  • Rest of Latin America

 Middle East & Africa-

  • GCC Countries
  • South Africa
  • Rest of Middle East and 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:

  • Company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings.
  • External and internal proprietary databases, regulatory databases, and relevant patent analysis
  • Statistical databases, National government documents, and market reports
  • Press releases, news articles, and webcasts specific to the companies operating in the market

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: 

  • Industry participants: CEOs, CBO, CMO, VPs, marketing/ type managers, corporate strategy managers, and national sales managers, technical personnel, purchasing managers, resellers, and distributors.
  • Outside experts: Valuation experts, Investment bankers, research analysts specializing in specific markets
  • Key opinion leaders (KOLs) specializing in unique areas corresponding to various industry verticals
  • End-users: Vary mainly depending upon the market

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.

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Frequently Asked Questions

How big is the Vinyl Cyclohexane Market?

Vinyl Cyclohexane Market expected to grow at 7.05% CAGR during the forecast period for 2024-2031

AK Scientific, Inc, Alfa Aesar, BASF SE, BOCSCI, Inc, British Petroleum, Cepsa, Chevron Phillips Chemical Company LLC, China National Petroleum Corpor

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