Growing demand for chemical intermediates including cyclohexanol (for producing adipic acid), cyclohexanone (caprolactam) and hexamethylenediamine drive the market for Cyclohexane. The increased use of nylon 6 fibers, resins and films across end-user industries including Automotive, Paints and Coatings, Textile, Construction, Others is encouraging Cyclohexane capacity expansion. Nylon resins form the basis for engineering plastics in automotive, Electrical and Electronics industries. China remains the largest consumer and production of Cyclohexane.
Hydrogenation of benzene is the predominant method of producing Cyclohexane, accounting for around 22 MT capacity worldwide. Cyclohexane prices fluctuate from region to region around $800 to $1100 per Tonne. Recent advancements in cyclohexane production technologies, catalytic processes, and purification methods drive the market outlook. Companies are focusing on Catalyst Developments, Oxidative Dehydrogenation, Bio-Based Cyclohexane, Process Intensification, and adoption of advanced process control (APC) systems focused on operational efficiency.
The average Cyclohexane prices traded averaged around $1,119 per Ton, encouraging investments in exports and imports. Cyclohexane is a colorless liquid, with chemical formula- C6H12, density of 0.78, and mass of 84.18 is increasingly used as a solvent in chemical and industrial processes and as a substitute to Benzene.
The global Cyclohexane trade value stood around $1.3 Billion in 2023, predominantly from Belgium, France, Japan, India, Germany, and others. On the other hand, the largest exporters include Saudi Arabia, Netherlands, Belgium, Germany, India, China, and others. Diverse types of confirmations including chair, twist-boat, boat, and half-chair are traded worldwide. Vendors opt for ships, barge, truck and rail modes of transport for shipping Cyclohexane.
Global Cyclohexane export value, USD, 2005- 2023
| USD Thousand | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| Global Cyclohexane Imports | 1,960,170 | 1,907,845 | 1,103,903 | 993,007 | 1,154,695 | 1,231,629 | 996,504 | 648,503 | 1,215,540 | 1,126,475 | 1,289,227 |
Over 90% of global Clyclohexane volume is used for the production of adipic acid and caprolactam for production of Nylon-6 films, resins, and fibers. Nylon-6 is widely used across textiles, automotive, E&E, industrial components, packaging, and others. However, in the recent few years, high-performance cyclohexane-derived fibers are increasingly used as protective gears in firefighting, aerospace, and military sectors. Invista is developing new fibers tailored to meet the high-performance needs of military-grade materials. flame-resistant clothing (FRC) for workers on rigs and in refineries is also increasingly using cyclohexane derivatives. DuPont’s Kevlar® and Nomex continue to deploy cyclohexane for thermal suits and chemical protection clothing. The fibers’ durability, chemical and thermal resistance, and lightweight properties continue to expand the demand for cyclohexane.
Strong demand for biomass-derived feedstocks including bio-naphtha and bio-based benzene to produce cyclohexane are attracting new raw material suppliers in the industry. For instance, Neste is focusing on producing bio-naphtha to serve as a precursor for the production of bio-based cyclohexane. Similarly, Gevo is investing in bio-based hydrocarbons from agricultural resources including isobutanol derived from corn. In addition, large producers of cyclohexane including BASF and Dow to establish collaborative agreements with R&D institutes. Despite high cost challenges, companies are focus on reducing their environmental impact through bio-based cyclohexane.
Cyclohexane is widely used to produce Nylon-6, Nylon-66, and others. Of this, Nylon-6 is the largest application segment with 47.2% market share, followed by Nylon-66 with 44.8% revenue share. The dominant share of Nylon-6 is driven by the growing demand for high-performance materials in sectors such as automotive, textiles, and electronics. Nylon 6 is extensively utilized across various industries. In the textile sector, it is commonly used to produce fabrics for clothing, sportswear, hosiery, and carpets.
Also, it plays a crucial role in the automotive industry, where it is used for manufacturing components like engine covers, fuel tanks, tubing, and connectors. Nylon 6 is also important in electrical applications, featuring in connectors, switches, circuit breakers, and cable ties. Furthermore, it is employed in the production of gears, bearings, rollers, pulleys, and conveyor belts, as well as films, sheets, and molded containers for packaging.
Adipic Acid, Caprolactam, and others are the dominant applications of Cyclohexane. Of these, Caprolactam is widely produced, with a 67.2% revenue share in 2023. Caprolactam (CPL) is an organic compound with the formula (CH2)5C(O)NH and is synthesized using cyclohexane, making it a crucial downstream product of the cyclohexane supply chain. It is a lactam (a cyclic amide) of caproic acid. In general, Liquid caprolactam is shipped at a temperature of 75 to 90 °C. The automotive sector, in particular, drives demand due to its use in lightweight components over the medium to long-term future.
In addition to the largest market share of 58%, Asia Pacific is the fastest-growing market for Cyclohexane worldwide. In particular, China accounted for the majority of the demand with 46.2% of revenue in the world. Chinese demand for Caprolactam is driving the demand for cyclohexane. Rapid industrialization coupled with end-user demand growth is encouraging the sales of Nylon fibers, supporting the imports and exports of cyclohexane. Increasing Vehicle production to drive demand for nylon 66 resins in China and other Asia Pacific.
In 2023, China produced 30.2 Million passenger cars and commercial vehicles according to the OICA.net. Despite weaker benzene feedstock value, cyclohexane is witnessing steady revenue growth in the region. Sinopec Group, China National Petroleum Corporation (CNPC), Zhejiang Baling Hengyi Caprolactam Co., Ltd., Shandong Haili Chemical Industry Co., Ltd., Jiangsu Haili Chemical Co., Ltd., China Petroleum & Chemical Corporation (Sinopec), China Petrochemical Development Corporation (CPDC), Yancheng Super Chemical Co., Ltd., Liaoning Yixin Chemical Co., Ltd., and others are the key suppliers in the country.
The global cyclohexane market is dominated by a few key players, with market share largely controlled by major chemical producers. Leading companies included in the study are BASF SE, Chevron Phillips Chemical Company LLC, CITGO Petroleum Corp, Compañía Española de Petróleos, S.A.U., Exxon Mobil Corp, Idemitsu Kosan Co. Ltd, Merck KGaA, PTT Global Chemical Public Company Ltd, Ree Atharva Lifescience Pvt. Ltd, Reliance Industries Ltd, and others.
|
Parameter |
Details |
|
Market Size (2024) |
$31.6 Billion |
|
Market Size (2032) |
$45.3 Billion |
|
Market Growth Rate |
4.6% |
|
Largest Segment- Application |
Caprolactam (67.2% market share) |
|
Fastest Growing Market- Region |
Asia Pacific (5.1% CAGR) |
|
Largest End-User Industry |
Nylon-6 (47.2% Market Share) |
|
Segments |
Types, Applications |
|
Study Period |
2018- 2023 and 2024-2032 |
|
Units |
Revenue (USD) |
|
Qualitative Analysis |
Porter’s Five Forces, SWOT Profile, Market Share, Scenario Forecasts, Market Ecosystem, Company Ranking, Market Dynamics, Industry Benchmarking |
|
Companies |
BASF SE, Chevron Phillips Chemical Company LLC, CITGO Petroleum Corp, Compañía Española de Petróleos, S.A.U., Exxon Mobil Corp, Idemitsu Kosan Co. Ltd, Merck KGaA, PTT Global Chemical Public Company Ltd, Ree Atharva Lifescience Pvt. Ltd, Reliance Industries Ltd |
|
Countries |
US, Canada, Mexico, Germany, France, Spain, Italy, UK, Russia, China, India, Japan, South Korea, Australia, South East Asia, Brazil, Argentina, Middle East, Africa |
Applications
End-Users
Types
Geography
Companies
*- List Not Exhaustive
About USD Analytics
Table of Contents
1. Executive Summary
What’s New in 2024?
Top 10 Takeaways from the industry
Potential Opportunities for Industry Stakeholders
Strategic Imperatives
Company Market Positioning
Industry Benchmarking Matrix
2. Research Scope and Methodology
Market Definition
Market Segments
Companies Profiled
Research Methodology
Data Sources
Conversion Rates for USD
Abbreviations
3. Strategic Landscape: Key Insights and Implications
Spotlight: Key Strategies opted by Business Leaders
Competitive Landscape
SWOT Analysis
Porter’s Five Force Analysis
Macro-Environmental Analysis
5. Growth Opportunity Analysis
Trends at a Glance
Market Dynamics
Key Industry Stakeholders
Regulatory Landscape
6. Market Size Outlook to 2032
Global Cyclohexane Market Size Forecast, USD Million, 2018- 2032
Scenario Analysis
Pricing Analysis and Outlook
7. Historical Cyclohexane Market Size by Segments, 2018- 2023
Key Statistics, 2024
Cyclohexane Market Size Outlook by Type, USD Million, 2018-2023
Growth Comparison (y-o-y) across Cyclohexane Types, 2018-2023
Cyclohexane Market Size Outlook by Application, USD Million, 2018-2023
Growth Comparison (y-o-y) across Cyclohexane Applications, 2018-2023
8. Cyclohexane Market Size Outlook by Segments, 2024- 2032
Cyclohexane Market Size Outlook by Type, USD Million, 2024-2032
Growth Comparison (y-o-y) across Cyclohexane Types, 2024-2032
Cyclohexane Market Size Outlook by Applications, USD Million, 2024-2032
Growth Comparison (y-o-y) across Cyclohexane Applications, 2024-2032
Cyclohexane Market Size Outlook by End-Users, USD Million, 2024-2032
Growth Comparison (y-o-y) across Cyclohexane End-Users, 2024-2032
9. Cyclohexane Market Size Outlook by Region
North America
Europe
Asia Pacific
South America
Middle East and Africa
10. United States Cyclohexane Market Analysis and Outlook, 2021- 2032
Key Statistics
United States Cyclohexane Market Size Outlook by Type, 2021- 2032
United States Cyclohexane Market Size Outlook by Application, 2021- 2032
United States Cyclohexane Market Size Outlook by End-User, 2021- 2032
11. Canada Cyclohexane Market Analysis and Outlook, 2021- 2032
Key Statistics
Canada Cyclohexane Market Size Outlook by Type, 2021- 2032
Canada Cyclohexane Market Size Outlook by Application, 2021- 2032
Canada Cyclohexane Market Size Outlook by End-User, 2021- 2032
12. Mexico Cyclohexane Market Analysis and Outlook, 2021- 2032
Key Statistics
Mexico Cyclohexane Market Size Outlook by Type, 2021- 2032
Mexico Cyclohexane Market Size Outlook by Application, 2021- 2032
Mexico Cyclohexane Market Size Outlook by End-User, 2021- 2032
13. Germany Cyclohexane Market Analysis and Outlook, 2021- 2032
Key Statistics
Germany Cyclohexane Market Size Outlook by Type, 2021- 2032
Germany Cyclohexane Market Size Outlook by Application, 2021- 2032
Germany Cyclohexane Market Size Outlook by End-User, 2021- 2032
14. France Cyclohexane Market Analysis and Outlook, 2021- 2032
Key Statistics
France Cyclohexane Market Size Outlook by Type, 2021- 2032
France Cyclohexane Market Size Outlook by Application, 2021- 2032
France Cyclohexane Market Size Outlook by End-User, 2021- 2032
15. United Kingdom Cyclohexane Market Analysis and Outlook, 2021- 2032
Key Statistics
United Kingdom Cyclohexane Market Size Outlook by Type, 2021- 2032
United Kingdom Cyclohexane Market Size Outlook by Application, 2021- 2032
United Kingdom Cyclohexane Market Size Outlook by End-User, 2021- 2032
10. Spain Cyclohexane Market Analysis and Outlook, 2021- 2032
Key Statistics
Spain Cyclohexane Market Size Outlook by Type, 2021- 2032
Spain Cyclohexane Market Size Outlook by Application, 2021- 2032
Spain Cyclohexane Market Size Outlook by End-User, 2021- 2032
16. Italy Cyclohexane Market Analysis and Outlook, 2021- 2032
Key Statistics
Italy Cyclohexane Market Size Outlook by Type, 2021- 2032
Italy Cyclohexane Market Size Outlook by Application, 2021- 2032
Italy Cyclohexane Market Size Outlook by End-User, 2021- 2032
17. Benelux Cyclohexane Market Analysis and Outlook, 2021- 2032
Key Statistics
Benelux Cyclohexane Market Size Outlook by Type, 2021- 2032
Benelux Cyclohexane Market Size Outlook by Application, 2021- 2032
Benelux Cyclohexane Market Size Outlook by End-User, 2021- 2032
18. Nordic Cyclohexane Market Analysis and Outlook, 2021- 2032
Key Statistics
Nordic Cyclohexane Market Size Outlook by Type, 2021- 2032
Nordic Cyclohexane Market Size Outlook by Application, 2021- 2032
Nordic Cyclohexane Market Size Outlook by End-User, 2021- 2032
19. Rest of Europe Cyclohexane Market Analysis and Outlook, 2021- 2032
Key Statistics
Rest of Europe Cyclohexane Market Size Outlook by Type, 2021- 2032
Rest of Europe Cyclohexane Market Size Outlook by Application, 2021- 2032
Rest of Europe Cyclohexane Market Size Outlook by End-User, 2021- 2032
20. China Cyclohexane Market Analysis and Outlook, 2021- 2032
Key Statistics
China Cyclohexane Market Size Outlook by Type, 2021- 2032
China Cyclohexane Market Size Outlook by Application, 2021- 2032
China Cyclohexane Market Size Outlook by End-User, 2021- 2032
21. India Cyclohexane Market Analysis and Outlook, 2021- 2032
Key Statistics
India Cyclohexane Market Size Outlook by Type, 2021- 2032
India Cyclohexane Market Size Outlook by Application, 2021- 2032
India Cyclohexane Market Size Outlook by End-User, 2021- 2032
22. Japan Cyclohexane Market Analysis and Outlook, 2021- 2032
Key Statistics
Japan Cyclohexane Market Size Outlook by Type, 2021- 2032
Japan Cyclohexane Market Size Outlook by Application, 2021- 2032
Japan Cyclohexane Market Size Outlook by End-User, 2021- 2032
23. South Korea Cyclohexane Market Analysis and Outlook, 2021- 2032
Key Statistics
South Korea Cyclohexane Market Size Outlook by Type, 2021- 2032
South Korea Cyclohexane Market Size Outlook by Application, 2021- 2032
South Korea Cyclohexane Market Size Outlook by End-User, 2021- 2032
24. Australia Cyclohexane Market Analysis and Outlook, 2021- 2032
Key Statistics
Australia Cyclohexane Market Size Outlook by Type, 2021- 2032
Australia Cyclohexane Market Size Outlook by Application, 2021- 2032
Australia Cyclohexane Market Size Outlook by End-User, 2021- 2032
25. South East Asia Cyclohexane Market Analysis and Outlook, 2021- 2032
Key Statistics
South East Asia Cyclohexane Market Size Outlook by Type, 2021- 2032
South East Asia Cyclohexane Market Size Outlook by Application, 2021- 2032
South East Asia Cyclohexane Market Size Outlook by End-User, 2021- 2032
26. Rest of Asia Pacific Cyclohexane Market Analysis and Outlook, 2021- 2032
Key Statistics
Rest of Asia Pacific Cyclohexane Market Size Outlook by Type, 2021- 2032
Rest of Asia Pacific Cyclohexane Market Size Outlook by Application, 2021- 2032
Rest of Asia Pacific Cyclohexane Market Size Outlook by End-User, 2021- 2032
27. Brazil Cyclohexane Market Analysis and Outlook, 2021- 2032
Key Statistics
Brazil Cyclohexane Market Size Outlook by Type, 2021- 2032
Brazil Cyclohexane Market Size Outlook by Application, 2021- 2032
Brazil Cyclohexane Market Size Outlook by End-User, 2021- 2032
28. Argentina Cyclohexane Market Analysis and Outlook, 2021- 2032
Key Statistics
Argentina Cyclohexane Market Size Outlook by Type, 2021- 2032
Argentina Cyclohexane Market Size Outlook by Application, 2021- 2032
Argentina Cyclohexane Market Size Outlook by End-User, 2021- 2032
29. Rest of South America Cyclohexane Market Analysis and Outlook, 2021- 2032
Key Statistics
Rest of South America Cyclohexane Market Size Outlook by Type, 2021- 2032
Rest of South America Cyclohexane Market Size Outlook by Application, 2021- 2032
Rest of South America Cyclohexane Market Size Outlook by End-User, 2021- 2032
30. United Arab Emirates Cyclohexane Market Analysis and Outlook, 2021- 2032
Key Statistics
United Arab Emirates Cyclohexane Market Size Outlook by Type, 2021- 2032
United Arab Emirates Cyclohexane Market Size Outlook by Application, 2021- 2032
United Arab Emirates Cyclohexane Market Size Outlook by End-User, 2021- 2032
31. Saudi Arabia Cyclohexane Market Analysis and Outlook, 2021- 2032
Key Statistics
Saudi Arabia Cyclohexane Market Size Outlook by Type, 2021- 2032
Saudi Arabia Cyclohexane Market Size Outlook by Application, 2021- 2032
Saudi Arabia Cyclohexane Market Size Outlook by End-User, 2021- 2032
32. Rest of Middle East Cyclohexane Market Analysis and Outlook, 2021- 2032
Key Statistics
Rest of Middle East Cyclohexane Market Size Outlook by Type, 2021- 2032
Rest of Middle East Cyclohexane Market Size Outlook by Application, 2021- 2032
Rest of Middle East Cyclohexane Market Size Outlook by End-User, 2021- 2032
33. South Africa Cyclohexane Market Analysis and Outlook, 2021- 2032
Key Statistics
South Africa Cyclohexane Market Size Outlook by Type, 2021- 2032
South Africa Cyclohexane Market Size Outlook by Application, 2021- 2032
South Africa Cyclohexane Market Size Outlook by End-User, 2021- 2032
34. Rest of Africa Cyclohexane Market Analysis and Outlook, 2021- 2032
Key Statistics
Rest of Africa Cyclohexane Market Size Outlook by Type, 2021- 2032
Rest of Africa Cyclohexane Market Size Outlook by Application, 2021- 2032
Rest of Africa Cyclohexane Market Size Outlook by End-User, 2021- 2032
35. Key Companies
Market Share Analysis
Company Benchmarking
Financial Analysis
36. Recent Market Developments
37. Appendix
Looking Ahead
Research Methodology
Legal Disclaimer
By Application
Adipic Acid
Caprolactam
Others
By Type
Nylon-6
Nylon-66
Others
By End-User
Automotive
Paints and Coatings
Textile
Construction
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Global Cyclohexane is forecast to reach $41.4 Billion in 2030 from $31.6 Billion in 2024, registering a CAGR of 4.6%
Caprolactam (67.2% market share), Nylon-6 (47.2% Market Share)
BASF SE, Chevron Phillips Chemical Company LLC, CITGO Petroleum Corp, Compañía Española de Petróleos, S.A.U., Exxon Mobil Corp, Idemitsu Kosan Co. Ltd, Merck KGaA, PTT Global Chemical Public Company Ltd, Ree Atharva Lifescience Pvt. Ltd, Reliance Industries Ltd
Base Year- 2023; Estimated Year- 2024; Historic Period- 2018-2023; Forecast period- 2024 to 2030; Currency: Revenue (USD); Volume
Asia Pacific (5.1% CAGR)