Cyclohexane Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data

Cyclohexane Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data

Report Format: PDF+Excel | Report ID: SR112024A22333
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Cyclohexane Prices December 2023

Product
Category Region Price
Cyclohexane Chemical China $ 1038/MT


The price of cyclohexane in China saw an overall increase in the final quarter of 2023. This is due to the increasing purchase of cyclohexane by Chinese traders to boost their inventories. However, there were moments of dip in the price trend due to the decline in export orders and depreciation in benzene prices.

Cyclohexane Price Trend, Market Analysis, and News

IMARC’s newly published report, titled Cyclohexane Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data, offers an in-depth analysis of cyclohexane pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

It encompasses an in-depth review of spot prices at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of price trends across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing cyclohexane price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.

Cyclohexane Price Trend

Cyclohexane Market Analysis

The global cyclohexane market size reached US$ 26.1 Billion in 2023. By 2023, IMARC Group expects the market to reach US$ 41.1 Billion, at a projected CAGR of 5.20% during 2023-2032.

  • The cyclohexane demand is amplified globally due to its utilization in manufacturing nylon 6,6 and nylon 6 intermediates, such as caprolactam, hexamethylenediamine, and adipic acid. These materials are used in carpets, furniture, floor coverings, ropes, sutures, and other things. IMARC Group’s latest report predicts that the market for nylon 6 will reach US$ 44.7 billion by 2032, growing at an annual rate of 7%. Also, companies are expanding their nylon production capacity to meet the surge in demand. For instance, Invista Nylon Chemicals invested USD 230 million to double the capacity of its Shanghai-based nylon 6,6 manufacturing plant to 400000 tons/year.
  • The demand for cyclohexane in automotive manufacturing is another critical factor, expanding its market. Nylon derived from cyclohexane is used in seat coverings, safety belts, and other components. According to the Organisation Internationale des Constructeurs d'Automobiles (OICA), approximately 50 million passenger cars were manufactured globally during the Q1, Q2, and Q3 of 2022, which was a 9% increase from the same period in 2021. This trend reflects a potential rise in demand for cyclohexane to produce nylon for various automotive parts.
  • The surge in demand for polyurethane (PU), which utilizes cyclohexane as an essential feedstock in driving the market expansion. Polyurethane is used in insulation, foams, and other applications. PU foam industry is projected to grow at a rate of 5.8% annually and reach a value of US$ 87.8 billion by 2032. Also, in Europe, PU is a significant contributor to the European Union (EU) economy, creating a value of Euro 218.1 billion and adding 363500 jobs.
  • Advancements in the production of cyclohexane is also playing a vital role in expanding its market share. For instance, researchers have developed a mass exchange process with a counter current gas permeation membrane, which exhibits a 40.08 reduction in power consumption and 3.59% decline in hydrogen utilization. Furthermore, researchers are exploring the selective conversion of methane to cyclohexane and hydrogen. This new method promises outstanding selectivity of 92% and productivity of 41 μmol g−1 at 300°C.

Cyclohexane News

The report covers the latest developments, updates, and trends impacting the global cyclohexane market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in cyclohexane production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that shape the industry landscape.

Latest developments in the cyclohexane industry:

  • In October 2021, BP Plc. entered into a partnership with Lanxess. Under this agreement, BP will provide sustainably produced cyclohexane to the Lanxess plant in Belgium, starting in Q4 of 2021 to produce its new product called Durethan BlueBKV60H2.0EF.
  • In September 2023, ExxonMobil, a leading producer of chemicals like cyclohexane, announced its plant to build new two new chemical production plants in Texas. The company will invest $ 2 billion in this expansion project to meet the demand for high-value products from its U.S. Gulf Coast refining and chemical facilities.

Product Description

Cyclohexane (C6H12), also known as hexamethylene, is a clear, colorless, liquid organic compound with a mild petroleum-like odor. It is barely soluble in water but offers excellent solubility in benzene, carbon tetra chloride, acetone, olive oil, ethyl ether, and ethanol. The physical property of cyclohexane includes melting point (6.47°C), boiling point (80.7°C), specific gravity (0.779), formula weight (84.161), and flash point (-4 °F).

Cyclohexane is naturally found in Helichrysum odoratissimum, Manilkara zapota, and other organisms. It is commercially produced by hydrogenation of benzene using platinum, nickel, or palladium as catalysts. Cyclohexane also occurs in petroleum (o.5-1.0%), where it is extracted through distillation.

This chemical is used as a solvent, fuel additive, processing aid, monomer, laboratory chemical, and intermediate in chemical synthesis. It is also employed in perfume manufacturing, surface coatings, plastic production, and the extraction of essential oils.

Regional Coverage

The report provides a detailed analysis of the cyclohexane market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the price trends.

Global Cyclohexane Price

The report offers a holistic view of the global cyclohexane pricing trends, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level.

Europe Cyclohexane Price

The European cyclohexane price trend was bullish throughout Q4FY23 despite the bearish trend in benzene prices. The upward trend was mainly due to the limited supply of cyclohexane across the Eurozone. The significant contraction of chemical production across the region led to the scarcity of cyclohexane.

This analysis can be extended to include detailed cyclohexane price information for a comprehensive list of countries.

Region Countries Covered
Europe Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries.


North America Cyclohexane Price

The North American cyclohexane price witnessed an upward trajectory in Q4 of 2023 because of a substantial drop in the price of feedstock benzene.  Additionally, the flourishing automotive and construction market in regional countries like Mexico led to increased pressure on the paints and coating industry, causing a surge in cyclohexane prices.

Specific data on cyclohexane prices within the United States and Canada can also be provided.

Region Countries Covered
North America United States and Canada


Middle East and Africa Cyclohexane Price

The analysis of cyclohexane prices in the Middle East and Africa provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

In addition to region-wise data, information on cyclohexane prices for countries can also be provided.

Region Countries Covered
Middle East & Africa Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries.


Asia Pacific Cyclohexane Price

The cyclohexane prices in the Asia Pacific region increased in the fourth quarter of 2023 due to increasing demand-driven purchase of the product. The resilient performance of the construction sector in the region led to increased demand for paints and coating, thereby prompting suppliers to engage in procurement of cyclohexane.

This analysis can be further extended to include detailed cyclohexane prices for a comprehensive list of countries within the region.

Region Countries Covered
Asia Pacific China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries.


Latin America Cyclohexane Price

The analysis of cyclohexane prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

This comprehensive review can be extended to include specific countries within the region.

Region Countries Covered
Latin America Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries.


Report Coverage

Key Attributes Details
Product Name Cyclohexane
Report Features Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Price Analysis, and Segment-Wise Assessment.
Currency/Units US$ (Data can also be provided in local currency) or Metric Tons
Region/Countries Covered The current coverage includes analysis at the global and regional levels only. 
 
Based on your requirements, we can also customize the report and provide specific information for the following countries: 
 
Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand*
 
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece* 
 
North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru*

Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco*
 
*The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client.
Information Covered for Key Suppliers
  • Company Overview
  • Business Description
  • Product Portfolio
  • Recent Trends and Developments
Customization Scope The report can be customized as per the requirements of the customer
Report Price and Purchase Option

Plan A: Monthly Updates - Annual Subscription

  • Scope
    • Historical Data for the Current Month
    • Forecast for Next Month
  • Total Deliverables Per Year: 12 (One Per Month)
  • Includes: One PDF and Excel datasheet per month, Post Purchase Analyst Support throughout the year

Plan B: Quarterly Updates - Annual Subscription

  • Scope
    • Historical Data for the Current Quarter
    • Forecast for Next Quarter
  • Total Deliverables Per Year: 4 (One Per Quarter)
  • Includes: One PDF and Excel datasheet per Quarter, Post Purchase Analyst Support throughout the year

Plan C: Biannually Updates - Annual Subscription

  • Scope
    • Historical Data for the Current Half
    • Forecast for the Next Half
  • Total Deliverables Per Year: 2 (One Per 6 Months)
  • Includes: One PDF and Excel datasheet per Half, Post Purchase Analyst Support throughout the year  
Post-Sale Analyst Support  360-degree analyst support after report delivery
Delivery Format PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) 

Key Benefits for Stakeholders:

  • IMARC’s report presents a detailed analysis of cyclohexane pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
  • The study examines factors affecting cyclohexane price volatility, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
  • The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
  • IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights, ensuring they remain at the forefront of the cyclohexane industry. 

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Cyclohexane Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data
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