Pune, 24, Nov, 2022: Maximize Market Research is a leading chemical and material research firm that delivers a comprehensive analysis of the Vinyl Cyclohexane Market The report includes key business insights, demand analysis and competitive landscape. The report expects the market to grow from USD 57.6 Million in 2021 to USD 87.07 Million by 2029 at a CAGR of 5.3 percent during the forecast period from 2022 to 2029.
Vinyl Cyclohexane Market Scope and Research Methodology
The vinyl cyclohexane Market is a highly fragmented market with key players consolidating their positions in developing economies with aggressive market entry strategies and through M&A. It is segmented by material type, valve type, size, end-use industry and Region, with a focus on major firms such as market leaders, followers, and new entrants. The report is an investor guide that provides a comprehensive picture of the competitive landscape of leading players in the Vinyl Cyclohexane Market by goods and services, revenue, financial status, portfolio, growth strategies, and geographical presence.
The report is a detailed analysis of the vinyl cyclohexane Market by country, regional and global presence. By collecting historical data pertaining to the industry, current and future trends in the vinyl cyclohexane market are presented in the report along with growth rate and market size forecasts. Regional analysis of the market is conducted at local, regional and global levels for a better understanding of the market penetration, competitive structure, pricing and demand analysis. The report also covers the strategies followed by key players and gives their analysis on the basis of their growth in the last five years in the industry which helps investors and major companies decide their investments and make data-driven decisions.
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The competitive analysis of the vinyl cyclohexane market provides details of the goods and services, the company’s target market, the changes in consumer patterns over the forecast period and pricing comparison. Key players by region are profiled from a strategic perspective in the report. Several parameters such as price, services offered, target audience, design of the product and quality are assessed. Major manufacturers in the industry and listed by region, revenue, financial status, portfolio, technological advancements adopted, mergers and acquisitions, joint venture and strategic alliances in detail. New entrants in the market are also listed with an analysis of their growth prospects and future business outlook. Such analysis acts as a guide for stakeholders, investors, market players and followers and new entrants with precise market estimations of the vinyl cyclohexane market for formulating investment approaches and marketing tactics.
Data for analysis is collected by both primary and secondary research methods. Surveys, administering questionnaires offline and online, and telephonic interviews with industry specialists, market leaders, entrepreneurs and marketing professionals were included in the primary methods. Secondary data was collected from a curated selection of sources for maximum reliability of the inferences. This includes official databases of various organisations and government sites, industry journals, white papers, annual reports, company records, releases of product manufacturers and suppliers in the industry along with paid databases. The report thus provides a comprehensive analysis of the vinyl cyclohexane market with market gaps and investment recommendations.
Vinyl Cyclohexane Market Overview
Vinyl Cyclohexane is an organic compound that has several uses given its set of unique properties. It is a colourless liquid that is used in heavily used in the chemical and polymer industry. Characteristics such as thermal stability, dielectric properties, moulding flexibility, low birefringence and transparency make it an excellent compound to be used in several industries. Chemicals, automotive, defence, packaging and healthcare are industries that incorporate its use.
Vinyl Cyclohexane Market Dynamics
Vinyl Cyclohexane is extensively used by the medical sector. Sterile medical devices like syringes, flexible blood tubes, blood detoxification membranes, dialyzers, oxygenators, cannulas, and catheters, vinyl cyclohexane are used in hospitals to make transparent, moulded, and non-sterile products like analytical microfilter plates, microscope slides, hoses, breathing tubes, vessels, and others. This is expected to fuel the growth of the vinyl cyclohexane market.
For the construction business, vinyl cyclohexane is used for making sturdy roof coating and producing ceiling tiles and converters. Vinyl cyclohexane coatings are also used for gypsum tiles to enhance the anti-weathering properties of ceilings. The market for related products has seen an increase in vinyl cyclohexane consumption as a result of the construction industry’s significant growth. Given the chemical’s increased use in the construction industry, the vinyl cyclohexane market is expected to witness growth during the forecast period.
The vinyl cyclohexane market is experiencing an increase in the investment carried out in research and development. The latest innovation includes vinyl cyclohexane (VCH)-based polymers and copolymers that are used in optical materials. Such research and development in the Vinyl Cyclohexane Market are expected to boost the vinyl cyclohexane market growth.
Vinyl Cyclohexane Market Regional Insights
The Asia-Pacific region held the largest share in 2021 and is expected to continue the growing streak. This increase is supported by the growth of the chemical industry, mainly in developing countries. China and India led the Vinyl Cyclohexane Market growth in the region. Both countries witnessed considerable growth in pharmaceutical and chemical companies aided the growth of the Vinyl Cyclohexane Market. China’s growth is attributed to the huge consumer base and favourable government regulations.
Followed by the Asia-Pacific region is North America which is the second largest consumer of the Vinyl Cyclohexane Market. This growth was possible to the overall development of the healthcare sector in the region. A lot of investment in research and development is also a factor driving the Vinyl Cyclohexane Market growth.
Vinyl Cyclohexane Market Segmentation:
By Purity:
- 95%
- 97%
- ≥ 98%
By End-use industry:
- Chemicals
- Building & Construction
- Pharmaceutical
- Paints & Coatings
- Others
Vinyl Cyclohexane Market Key Competitors include:
- BASF SE
- British Petroleum
- Cepsa
- Chevron Phillips Chemical Company LLC
- Clariant Ltd
- China National Petroleum Corporation
- DOW INC
- DSM
- DuPont de Nemours, Inc.
- Exxon Mobil Corporation
- Huntsman Corporation
- Idemitsu Kosan Co., Ltd.
- Liaoning Yufeng Chemical Co.
- Merck KGaA,
- Norquay Technology
- PTT Global Chemical Public Company Limited
- Sunmarks
- SABIC
- Thermo Fisher Scientific Inc
- Toray Industries, Inc.
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Key questions answered in the Vinyl Cyclohexane Market are:
- What is Vinyl Cyclohexane?
- What is the growth rate of Vinyl Cyclohexane Market for the next five years?
- What is the nature of competition in Vinyl Cyclohexane industry in developed and developing economies?
- Who are the key players in the Vinyl Cyclohexane Market?
- Who are the market leaders in Vinyl Cyclohexane in Europe?
- Who are the market leaders in Vinyl Cyclohexane in USA and Canada?
- Who are the market leaders in Vinyl Cyclohexane in India, China, Japan and South Korea?
- What are the factors affecting growth in the Vinyl Cyclohexane Market?
- Who held the largest market share in Vinyl Cyclohexane Market?
- What are the factors for the growth of Asia-Pacific region in Vinyl Cyclohexane Market?
Key Offerings:
- Market Share, Size & Forecast by Revenue | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by purity, end-user industry and Region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
Maximize Market Research is leading chemical and material research firm, has also published the following reports:
Polyvinyl Butyral Market: Polyvinyl Butyral Market was valued at USD 3.27 Billion in 2021, and it is expected to reach USD 5.25 Billion by 2029, exhibiting a CAGR of 6.1% during the forecast period (2022-2029). Polyvinyl butyral (PVB) is mostly utilised for laminated glasses due to its strong binding, optical clarity, adherence to numerous surfaces, durability, and flexibility. Laminated glass offers distinctive effects in home décor due to its numerous benefits. Frosted glass, for example, is commonly used in residential doors, particularly kitchen doors.
Ethylene Vinyl Acetate Market: Ethylene Vinyl Acetate Market was valued at US$ 7.34 Bn. in 2021 and the total Ethylene Vinyl Acetate revenue is expected to grow at 6.5% from 2022 to 2029, reaching nearly US$ 12.15 Bn. The packaging industry’s growing demands is driving the ethylene vinyl acetate (EVA) market’s growth. It is extensively utilised in the industrial packaging of additives, tyres, & rubber. They are used in book binding, carton box sealing & paper bag assembly processes. Additionally, they are utilised for gluing tags and labels as well as marking beverage bottles. Demand for EVA-based hot-melt adhesives is being driven by growing organized retail sales, processed food product sales, FMCG product sales, and e-commerce sales.
Vinyl Ester Market: Vinyl Ester Market was valued at US$ 1001.98 Mn in 2021 and is expected to reach US$ 1499.67 Mn. by 2029, at a CAGR of 5.17 % during a forecast period. The major growth drivers for vinyl ester market are the growing infrastructural investments, increase in request for corrosion resistance materials followed by rehabilitation of old and new infrastructural projects. Growing environmental awareness has also resulted in the improved use of vinyl ester in various FGD applications. In addition, increasing use of vinyl ester in railways and mass transit are other factors boosting the demand of this market during the forecast period.
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