Cyclohexanone Market, By Application (Nylon Production and Solvent), By End-Use (Textile Industry, Printing & Dying Industry, Pharmaceutical, Agricultural Industry, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030

Market for cyclohexanone was valued at US$ 7.64 billion in 2020 and is projected to grow at a compound annual growth rate (CAGR) of 4.5% to reach US$ 11.83 billion by 2030.

One compound that is somewhat soluble in water is cyclohexanone. It is an organic chemical that is colorless and smells nice, like acetone. Six carbon cyclic molecules with a ketone group make up cyclohexanone. Its gases are heavier than air, but it is lighter than water. It is created by oxidizing cyclohexane with a catalyst, such as cobalt, to produce a mixture known as ketone alcohol oil or KA oil. An organic solvent that is widely utilized is cyclohexanone. Nitrocellulose, poly (methyl methacrylate), polystyrene, polyvinyl acetate, modified phenol resin, phenol resin, coumarone resin, and various natural resins can all be dissolved by it. Its exceptional qualities include low volatility, mutual solubility, low toxicity, and excellent dissolving ability.