North America Cyclohexanone Market Size, Share & Trends Analysis Report By Application (Caprolactam, Adipic Acid, Solvents and Others.), By Country and Growth Forecast, 2023 - 2030
The North America Cyclohexanone Market would witness market growth of 2.6% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 592.19 kilo tonnes, showcasing a growth of 0.60% (2019-2022).
The US market dominated the North America Cyclohexanone Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $934 million by 2030. The Canada market is experiencing a CAGR of 2.9% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 3.5% during (2023 - 2030).
Cyclohexanone, a key industrial chemical, is important across various sectors due to its versatile properties and wide-ranging applications. As a cyclic ketone, it is a crucial intermediate in producing numerous downstream products.
Additionally, the market has grown steadily due to rising demand from end-use sectors such as electronics, adhesives, paints and coatings, and pharmaceuticals. The adoption of it is propelled by its unique chemical properties, including high solvency, volatility, and compatibility with various resins and polymers.
Canada boasts a diverse agricultural landscape, encompassing various crops, livestock, and agri-food products across different regions. Cyclohexanone is a key intermediate in producing agricultural chemicals, including herbicides, pesticides, and insecticides used in crop protection and pest management.
Based on Application, the market is segmented into Caprolactam, Adipic Acid, Solvents and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Sinopec Group (China Petrochemical Corporation)
- BASF SE
- Domo Chemicals GmbH
- BP p.l.c.
- Idemitsu Kosan Co., Ltd.
- Thermo Fisher Scientific, Inc.
- Chevron Phillips Chemical Company LLC
- Koninklijke DSM N.V.
- Asahi Kasei Corporation
- Cepsa (COMPAÑÍA ESPAÑOLA DE PETRÓLEOS, S.A.)
By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)
- Caprolactam
- Adipic Acid
- Solvents
- Others
- US
- Canada
- Mexico
- Rest of North America
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Cyclohexanone Market, by Application
- 1.4.2 North America Cyclohexanone Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- 3.3 Porter Five Forces Analysis
- Chapter 4. North America Cyclohexanone Market, By Application
- 4.1 North America Caprolactam Market, By Country
- 4.2 North America Adipic Acid Market, By Country
- 4.3 North America Solvents Market, By Country
- 4.4 North America Others Market, By Country
- Chapter 5. North America Cyclohexanone Market, By Country
- 5.1 US Cyclohexanone Market
- 5.1.1 US Cyclohexanone Market, By Application
- 5.2 Canada Cyclohexanone Market
- 5.2.1 Canada Cyclohexanone Market, By Application
- 5.3 Mexico Cyclohexanone Market
- 5.3.1 Mexico Cyclohexanone Market, By Application
- 5.4 Rest of North America Cyclohexanone Market
- 5.4.1 Rest of North America Cyclohexanone Market, By Application
- Chapter 6. Company Profiles
- 6.1 Sinopec Group (China Petrochemical Corporation)
- 6.1.1 Company Overview
- 6.1.2 Financial Analysis
- 6.1.3 Research & Development Expenses
- 6.1.4 SWOT Analysis
- 6.2 BASF SE
- 6.2.1 Company Overview
- 6.2.2 Financial Analysis
- 6.2.3 Segmental and Regional Analysis
- 6.2.4 Research & Development Expense
- 6.2.5 Recent strategies and developments:
- 6.2.5.1 Partnerships, Collaborations, and Agreements:
- 6.2.6 SWOT Analysis
- 6.3 Domo Chemicals GmbH
- 6.3.1 Company Overview
- 6.3.2 SWOT Analysis
- 6.4 BP p.l.c.
- 6.4.1 Company Overview
- 6.4.2 Financial Analysis
- 6.4.3 Segmental and Regional Analysis
- 6.4.4 Research & Development Expenses
- 6.4.5 SWOT Analysis
- 6.5 Idemitsu Kosan Co., Ltd.
- 6.5.1 Company Overview
- 6.5.2 Financial Analysis
- 6.5.3 Segmental and Regional Analysis
- 6.5.4 Research & Development Expenses
- 6.5.5 SWOT Analysis
- 6.6 Thermo Fisher Scientific, Inc.
- 6.6.1 Company Overview
- 6.6.2 Financial Analysis
- 6.6.3 Segmental and Regional Analysis
- 6.6.4 Research & Development Expenses
- 6.6.5 SWOT Analysis
- 6.7 Chevron Phillips Chemical Company LLC
- 6.7.1 Company Overview
- 6.7.2 Financial Analysis
- 6.7.3 SWOT Analysis
- 6.8 Koninklijke DSM N.V.
- 6.8.1 Company Overview
- 6.8.2 Financial Analysis
- 6.8.3 Segmental and Regional Analysis
- 6.8.4 Research & Development Expense
- 6.8.5 SWOT Analysis
- 6.9 Asahi Kasei Corporation
- 6.9.1 Company Overview
- 6.9.2 Financial Analysis
- 6.9.3 Segmental and Regional Analysis
- 6.9.4 Research & Development Expenses
- 6.9.5 SWOT Analysis
- 6.10. Cepsa (COMPAÑÍA ESPAÑOLA DE PETRÓLEOS, S.A.)
- 6.10.1 Company Overview
- 6.10.2 Financial Analysis
- 6.10.3 Segmental and Regional Analysis
- 6.10.4 SWOT Analysis
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