Home
Chemical Prices
Cyclohexanone

Cyclohexanone Prices Overview

Get Real Time Prices

Market Overview

Quarterly Update on Global Cyclohexanone Market

For the Quarter Ending December 2020

Asia

Due to fluctuation in prices of upstream crude and benzene, the prices of Cyclohexanone remained unstable in Q4 2020. The demand for Cyclohexanone increased by December 2020 due to appreciable market fundamentals in the plastic and textile industries in China, India, Japan, and several other Asian countries. With the production of downstream Adipic Acid and Caprolactam increasing due to rising demand, the demand-supply gap of the products increased by the end of December 2020. Prices of Cyclohexane were observed to have increased from an average of USD 884 per MT in October to USD to USD 1042 per MT in December in the Southeast Asian market.

Europe

Demand for cyclohexanone in the European region remained stable during a large party of Q4 due to the availability of cheaper alternatives i.e., cyclohexane and cyclohexanol in the market. Amidst continued lockdowns in several parts of Europe, the demand was observed to be on the lower side. Backed by the feeble demand, production of Cyclohexanone also tumbled in comparison to its other available alternatives. The demand is expected to stabilize by the end of Q1 2021 due to an expected rise in demand in the manufacturing of Adipic Acid.

North America

With the ease in lockdown in the USA and Canada, the demand for Cyclohexanone increased in the manufacturing of dyestuffs, textile dyestuff, polymers, and others in comparison to Q2 and Q3 2020. Major increase in demand came from increased consumption for Nylon6 and Nylon 6, by the end quarter 2020. Besides, the demand for Cyclohexanone was also observed to have increased in Q4 2020 due to high demand as a solvent which appreciably contributed in laying a positive impact on its prices as well. Influenced by the appreciable demand, supply for Cyclohexane also increased as the manufacturing companies like ExxonMobil and LANXESS decided to increase the operating efficiency of their plants. Majorly, the companies are producing this product for captive use rather than trading.

How we can help

ChemAnalyst addresses the key problematic areas and risks associated with chemical and petrochemical business globally and enables the decision-maker to make smart choices. It identifies and analyses factors such as geopolitical risks, environmental risks, raw material availability, supply chain functionality, disruption in technology and so on. It targets market volatility and ensures clients navigate through challenges and pitfalls in an efficient and agile manner. Timeliness and accuracy of data has been the core competency of ChemAnalyst, benefitting domestic as well as global industry in tuning in to the real-time data points to execute multi-billion-dollar projects globally.

Services

Market Analysis

Company-wise installed capacity, production volume and plant operating efficiency is captured directly from manufacturers. Import and Export volume is captured from government sources and demand for Cyclohexanone is calculated considering the production, import, export and inventory-levels on the country and regional level markets.

Learn More

Pricing Analysis

The product price is correlated with the price trend of crude oil, demand-supply gap, fluctuations in the feedstock and with the market movement of the downstream sectors.

Learn More

Company Profile

Basic details and information on financial performance of leading global players in the Cyclohexanone market is presented in a visually captivating manner. Expansion plans and the company’s strategy is also captured to understand the vision and mission of the company to help understand the areas where companies need to focus more.

News & Deals

Daily updates on industry-specific and product-specific news, exclusive primary-based news capturing plant shutdowns/outages/closures, capacity expansions, operating rates, insights on demand-supply situation, awarding of technology licenses, new product launch and deals specifying mergers and acquisitions, strategic investments and disinvestments, to help players capitalize on market opportunity.

Learn More

Methodology

ChemAnalyst gathers information through primary research surveys conducted with various Cyclohexanone manufacturers, spread across the domestic and international market, suppliers and dealers/distributors to gain insights into value-chains and demand-supply scenario to assess the market situation. Thorough study of company’s annual reports and secondary sources such as exhaustive search on credible paid databases, including our internal database is done to verify the information. All the collected information is analyzed, evaluated and presented in chronological order to depict a meaningful and clear picture of the concerned market.

Our dedicated team of industry experts comprehensively monitors and analyzes various aspects of the Global Cyclohexanone market. The team analyzes various industrial segments, strategic viewpoints and provides an analysis of the industry’s performance in the long run. This would enable our clients in efficiently plan their future investments, mitigate risk, understand the cost dynamics and strike out a balance amidst market volatility.

Critical examination of the impact of COVID-19 pandemic on the global supply chains and shift in demand patterns with change in buying behavior of consumers across the globe.

Several ongoing development projects across industries are tracked, followed by the details of major projects in the development stage, which can positively or negatively influence Global Cyclohexanone market.

Pricing is captured through exhaustive primary interviews with domestic and international manufacturers, traders and importers and customers on monthly and yearly basis.

Finally, region-specific markets for Cyclohexanone are analyzed and region-wise demand pattern is tracked.

About

Cyclohexanone is a six-carbon cyclic molecule with a ketone functional group. The product has an odor similar to that of acetone. It is widely demanded in various end-use industries due to its soluble nature. Cyclohexanone is majorly utilized to produce Adipic Acid. Besides, it even finds extensive applications in several other fields like the pesticide industry, paints industry, adhesives industry and others. The product is slightly soluble in water and miscible with common organic solvents. Cyclohexanone is derived from the oxidation of Cyclohexane using cobalt salts. Cyclohexanone is produced as a by-product in the manufacturing process of Cyclohexanol. In the laboratory, Cyclohexanone can be manufactured from Cyclohexanol by oxidation with Chromium Trioxide. DuPont de Nemours, Asahi Kasei, Formosa Plastic Group, Lipeng Corporation Ltd., and Rhodia S.A. are some of the major manufacturers of Cyclohexanone.

Track real-time price movement of 250+ chemical and petrochemical products for informed purchase decisions

Cyclohexanone Prices Overview