Why did the Cyclohexanone Price Change in July 2025? Cyclohexanone Price Index averaged USD 1503/MT, FOB Texas during Q2 2025, down 3% compared to Q1 2025's average with the prices exhibiting a mixed trend—dropping in April, leveling off in May, and increasing modestly in June.

Get the latest insights on price movement and trend analysis of Cyclohexanone in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

In Q1 2025, the North American cyclohexane market saw a quarter-on-quarter price rise, mainly fueled by higher benzene prices and sustained demand from the automotive and textile industries. Early in the quarter, prices increased as crude oil futures gained strength and market sentiment improved, raising production costs. Additionally, the prospect of rising inflation, driven by potential import tariffs under President Trump’s administration, added pressure on prices. On the supply side, stability returned after the ILA and USMX reached a six-year labor deal, easing concerns over port disruptions.

The global cyclohexanone market value reached around USD 8.84 Billion in 2024. Cyclohexanone is a key raw material in the manufacture of nylon, which is widely used in textiles, automotive parts, and consumer goods. The growing demand for nylon in these sectors, particularly in emerging markets, is propelling market growth. Additionally, cyclohexanone is used in the production of adhesives, coatings, and solvents, all of which are seeing heightened demand in industries like construction and automotive. As a result, the industry is expected to grow at a CAGR of 3.40% during the forecast period of 2025-2034 to attain a value of USD 12.35 Billion by 2034. The rising focus on renewable energy and the expansion of the chemical industry in Asia-Pacific are further boosting the market.

The global Cyclohexanone market stood at approximately 3700 thousand tonnes in 2022 and is anticipated to grow at a CAGR of 3.5% during the forecast period until 2032.

The global cyclohexanone market size reached USD 8.2 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 11.0 Billion by 2033, exhibiting a growth rate (CAGR) of 3.4% during 2025-2033. The increasing requirement for repair and maintenance in vehicles, rising adoption in the textile industry for the manufacturing of clothes, and the growing adoption as a cleaning agent are some of the major factors propelling the market growth.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 8.2 Billion
Market Forecast in 2033	USD 11.0 Billion
Market Growth Rate 2025-2033	3.4%

IMARC Group provides an analysis of the key trends in each segment of the global cyclohexanone market report, along with forecasts at the global, regional and country levels from 2025-2033. Our report has categorized the market based on production base, application, and end users.

The global Cyclohexanol & Cyclohexanone market study report provides detailed information on forecasts by current market dynamics and growth opportunities.

Cyclohexanone Market Outlook

The global cyclohexanone market size was valued at approximately USD 7.5 billion in 2023 and is projected to reach around USD 11.1 billion by 2032, growing at a compound annual growth rate (CAGR) of 4.4% during the forecast period. The robust growth is primarily driven by the increasing demand in various industrial applications such as solvents, chemical intermediates, adhesives, and coatings. Additionally, the expanding end-user industries, including textiles, automotive, paints and coatings, and pharmaceuticals, further stimulate the demand for cyclohexanone, creating significant market opportunities.

One of the key growth factors for the cyclohexanone market is its extensive application as a solvent and chemical intermediate in the production of nylon. The growing textile industry, driven by increasing consumer demand for clothing and textiles, has significantly boosted the consumption of nylon, thereby propelling the need for cyclohexanone. Additionally, the rising disposable income and changing consumer lifestyles are expected to continue driving the demand for textiles, which in turn will fuel the growth of the cyclohexanone market.

Another significant growth driver is the increasing use of cyclohexanone in the automotive industry. Cyclohexanone is utilized in the production of various automotive components, including coatings and adhesives, which are essential for vehicle manufacturing. The global automotive industry is experiencing rapid growth due to rising urbanization, increasing disposable income, and technological advancements. As a result, the demand for high-quality automotive coatings and adhesives is on the rise, thereby escalating the demand for cyclohexanone.

The paints and coatings industry also plays a crucial role in the growth of the cyclohexanone market. Cyclohexanone is a key ingredient in the formulation of paints and coatings, which are widely used across various sectors such as construction, automotive, and industrial applications. The growing construction industry, coupled with the increasing demand for aesthetically appealing and durable coatings, is expected to drive the demand for cyclohexanone. Additionally, the trend towards eco-friendly and sustainable coatings is encouraging manufacturers to invest in cyclohexanone-based formulations, which further boosts market growth.

Cycloheptanone, a cyclic ketone similar to cyclohexanone, is gaining attention for its potential applications in the chemical industry. It is primarily used as an intermediate in the synthesis of various pharmaceuticals and fine chemicals. The compound's unique structure allows it to participate in a range of chemical reactions, making it a versatile building block for complex organic molecules. As the demand for innovative pharmaceuticals and specialty chemicals grows, cycloheptanone is poised to become an important component in the development of new products. Its role in the synthesis of biologically active compounds highlights its significance in the expanding field of medicinal chemistry.

Regionally, Asia Pacific dominates the global cyclohexanone market and is expected to continue its dominance during the forecast period. The region's rapid industrialization, coupled with the presence of key end-user industries such as textiles, automotive, and paints and coatings, drives the demand for cyclohexanone. Countries like China and India are major contributors to the market growth in this region due to their expanding manufacturing sectors and increasing investments in infrastructure development. Additionally, the availability of raw materials and cost-effective labor further support the growth of the cyclohexanone market in Asia Pacific.

Application Analysis

The application of cyclohexanone as a solvent is one of the most significant segments within the market. Solvents play a critical role in various industrial processes, including the manufacturing of paints, coatings, adhesives, and resins. The growing demand for high-performance solvents, driven by the expanding industrial sector, is a key factor promoting the growth of this segment. Cyclohexanone is preferred due to its excellent solvency properties, which enable it to dissolve a wide range of substances, enhancing the quality and performance of end products. The increasing emphasis on environmentally friendly and sustainable solvents also bodes well for the growth of cyclohexanone in this application.

The us

Cyclohexanone Market size was USD 552 Million in 2022 and is expected to reach USD 785.67 Million, and register a revenue CAGR of 4.0% during the forecast period.

Cyclohexanone Market is estimated to be US$ 11.83 billion by 2030 with a CAGR of 4.5% during the forecast period

The Europe Cyclohexanone Market would witness market growth of 3.2% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 479.25 kilo tonnes, showcasing a growth of 0.58% (2019-2022). The Germany market dominated the Europe Cyclohexanone Market, By Cou

By 2035, the Cyclohexanone Market is estimated to expand to USD 14.22 Billion, showcasing a robust CAGR of 4.3% between 2025 and 2035, starting from a valuation of USD 8.95 Billion in 2024.

Gain in-depth insights into Cyclohexanone Market Report from Market Research Intellect, valued at USD 5.12 billion in 2024, and projected to grow to USD 7.88 billion by 2033 with a CAGR of 5.5% from 2026 to 2033.

The global cyclohexanone market is projected to reach USD 2.62 billion by 2030, exhibiting a CAGR of 5.1% from 2023 to 2030. Expanding demand for cyclohexanone in the manufacturing of caprolactam, adipic acid, and solvents is driving the market growth. Cyclohexanone with peculiar cyclic ketone architecture is of primary importance and is being utilized in lots of industries. Gleamed for its variety as well as its key feature as an intermediate in the synthesis of many medicines, pesticides, and plastics. Its round units and the circular connection result in it being solid and standing firm, so it is applicable to many industrial operations. Cyclohexanone is also characterized by its medium-volatile fumes and its solubility for many organic chemicals. Its liquid state at room temperature with no solid state enables handiness and controlled usage in processes and procedures. The ring or cyclic structure of its molecular frame that causes its reactivity is unique. With additional reactivity, it can form complex architectures. Among the major strengths of chlorofluorocarbons (CFCs) is their extensive function as solvents in various industries, such as the manufacture of textiles like nylon, which are polymers in nature. Besides the fact that this compound is eco-friendly and efficient, due to its low toxicity and remarkable ecological impact, the advantages are evident. Key drivers for this market are: Increasing Demand for Nylon from Various End-User Sector to Aid Market Growth . Potential restraints include: Increasing Demand for Bio-based Substitute to Hinder Market Growth.

The Cyclohexanone Market size was valued at USD 7.80 Billion in 2023 and is projected to reach USD 9.79 Billion by 2032, exhibiting a CAGR of 3.3 % during the forecasts period. Cyclohexanone is a chemical compound widely used in industries such as manufacturing, pharmaceuticals, and agriculture. It is a colorless liquid with a distinctive odor, derived from cyclohexane through oxidation. Key features of cyclohexanone include its versatility as a solvent for various resins, paints, and coatings due to its excellent solvency properties. It is also used in the production of nylon and as a precursor in pharmaceutical synthesis. The advantages of cyclohexanone include its efficiency in chemical reactions, where it serves as a key intermediate in the synthesis of numerous compounds. Its relatively low toxicity and favorable environmental profile contribute to its widespread industrial use.

The global cyclohexane market is estimated at a value of US$ 28.7 billion in 2024 and is forecasted to ascend to US$ 46.3 billion by the end of 2034. Worldwide sales of cyclohexane are evaluated to rise at 4.9% CAGR from 2024 to 2034.

Report Attribute	Detail
Cyclohexane Market Size (2024E)	US$ 28.7 Billion
Forecasted Market Value (2034F)	US$ 46.3 Billion
Global Market Growth Rate (2024 to 2034)	4.9% CAGR
East Asia Market Share (2024E)	22.7%
North America Market Value (2024E)	US$ 4.7 Billion
Revenue from Adipic Acid Segment (2034F)	US$ 13.5 Billion
Key Companies Profiled	Chemex Organchem Pvt. Ltd.; Citgo; Merck KGaA; Huntsman International LLC; Chevron Phillips Chemical Company; Idemitsu Kosan Co. Ltd.; Shandong Shenxian Luyuan Chemical; BASF; Reliance Industries Limited; Clariant; The Dow Chemical Company.

Country-wise Insights

Attribute	United States
Market Value (2024E)	US$ 3.7 Billion
Growth Rate (2024 to 2034)	5.8% CAGR
Projected Value (2034F)	US$ 6.5 Billion

Attribute	Japan
Market Value (2024E)	US$ 2 Billion
Growth Rate (2024 to 2034)	3.2% CAGR
Projected Value (2034F)	US$ 2.8 Billion

Category-wise Insights

Attribute	Adipic Acid
Segment Value (2024E)	US$ 8.3 Billion
Growth Rate (2024 to 2034)	5% CAGR
Projected Value (2034F)	US$ 13.5 Billion

The Latin America, Middle East and Africa Cyclohexanone Market would witness market growth of 4.9% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 408.36 kilo tonnes, showcasing a growth of 3.42% (2023-2030). The Brazil market domina

The Cyclohexanone Market comprises various grades of cyclohexanone based on purity and quality. Industrial-grade cyclohexanone is primarily used in nylon production, while high-purity grades are utilized in pharmaceutical and specialty chemical applications. Key drivers for this market are: Rising demand for nylon and other cyclohexanone applications. Growing healthcare expenditure and pharmaceutical development. Sustainable production and renewable resource utilization.. Potential restraints include: Regulations and environmental concerns. Product substitutes and cost fluctuations. Volatility in raw material prices.. Notable trends are: Bio-based cyclohexanone production. Nanotechnology applications. Advanced solvent recovery systems..

Bio-Based Cyclohexanone Market Outlook

According to our latest research, the global bio-based cyclohexanone market size in 2024 stands at USD 431 million, with a robust compound annual growth rate (CAGR) of 8.4% projected over the forecast period. This growth trajectory is expected to push the market to a value of USD 849 million by 2033. The primary growth factor driving this expansion is the increasing demand for sustainable chemical intermediates, as industries worldwide pivot towards greener manufacturing processes and stricter environmental regulations. The shift from petrochemical-based to bio-based feedstocks is accelerating, fueled by consumer preferences, regulatory frameworks, and innovation in biotechnology.

One of the most significant growth drivers for the bio-based cyclohexanone market is the rising emphasis on environmental sustainability across various sectors. As regulatory bodies in Europe, North America, and Asia Pacific enforce stricter emission standards and promote the adoption of renewable resources, manufacturers are increasingly turning to bio-based alternatives. Cyclohexanone, a key intermediate in the production of nylon and other polymers, is now being produced from plant-based, algae-based, and microbial sources, reducing dependence on fossil fuels. This transition not only aligns with corporate sustainability goals but also helps companies mitigate risks associated with volatile crude oil prices and supply chain disruptions in the petrochemical sector. Furthermore, the growing consumer awareness regarding eco-friendly products is compelling end-use industries such as automotive, textiles, and pharmaceuticals to incorporate bio-based ingredients in their production lines, further boosting market demand.

Technological advancements in biotechnology and fermentation processes are another critical driver propelling the bio-based cyclohexanone market forward. Innovations in enzymatic conversion, metabolic engineering, and synthetic biology have made it possible to achieve higher yields and cost-effective production of cyclohexanone from renewable sources. Companies are investing heavily in research and development to optimize production processes, improve feedstock flexibility, and enhance the purity of bio-based cyclohexanone. The integration of advanced bioprocessing techniques not only reduces the environmental footprint but also ensures scalability to meet the increasing demand from various applications such as nylon production, solvents, pharmaceuticals, and agrochemicals. As a result, the market is witnessing the entry of new players and strategic collaborations aimed at commercializing novel bio-based cyclohexanone technologies.

A third major growth factor is the evolving landscape of end-use industries, particularly the nylon and textile sectors, which are key consumers of cyclohexanone. The global textile industry is undergoing a transformation, with brands and manufacturers adopting circular economy principles and sustainable sourcing practices. Bio-based cyclohexanone, being a crucial precursor for nylon 6 and nylon 66, is gaining traction as these industries seek to lower their carbon footprint and appeal to environmentally conscious consumers. Additionally, the automotive industry’s shift towards lightweight, high-performance materials for fuel efficiency and emission reduction is driving the adoption of bio-based polymers derived from cyclohexanone. The convergence of these trends is expected to sustain the upward momentum of the market over the next decade.

From a regional perspective, Asia Pacific dominates the bio-based cyclohexanone market, accounting for the largest share in 2024. The region’s strong manufacturing base, especially in China, India, and Southeast Asia, is supported by favorable government policies promoting bio-based chemicals and significant investments in research and development. Europe follows closely, driven by stringent environmental regulations and a mature chemical industry transitioning towards sustainability. North America, while slightly trailing in market share, is witnessing rapid growth due to increasing investments in green chemistry and the presence of major end-use industries. Latin America and the Middle East & Africa are emerging markets, with growth primarily fueled by expanding industrial sectors and rising awareness of sustainable practices. Overall, the regional distribution reflects the global shift towards bio-based solutions, with Asia Pacific expected to maintai

The global cyclohexanone market is experiencing robust growth, driven by its extensive applications across diverse industries. The market's size in 2025 is estimated at $2.5 billion, projecting a Compound Annual Growth Rate (CAGR) of 5% from 2025 to 2033. Key drivers include the increasing demand for nylon 6,6 and nylon 6 fibers in the textile and automotive industries, the expanding pharmaceutical sector requiring cyclohexanone as a crucial intermediate, and its growing use in coatings and films for improved durability and performance. The solvent grade segment dominates the market due to its widespread use as a solvent in various chemical processes. Geographically, Asia Pacific, particularly China and India, holds a significant market share, owing to the burgeoning manufacturing sectors in these regions. However, stringent environmental regulations regarding solvent emissions pose a significant restraint on market growth, pushing manufacturers toward sustainable alternatives and cleaner production processes. North America and Europe contribute significantly to market demand, driven by established chemical industries and robust research and development activities in the pharmaceutical and specialty chemicals sectors. The market is fragmented, with several key players such as Solventis, Luxi Chemical, and Ube Industries competing based on pricing, product quality, and geographical reach. Future growth will likely be influenced by technological advancements in production processes, the development of biodegradable alternatives, and fluctuations in raw material prices. The market segmentation highlights distinct growth trajectories within the cyclohexanone industry. Nylon 6,6 and Nylon 6 applications are expected to maintain their dominant position, fueled by consistent demand from the textile, automotive, and packaging sectors. Pharmaceutical applications are also exhibiting strong growth, propelled by the increasing demand for new drugs and formulations. The films and coatings segment benefits from the rising demand for high-performance coatings in various industries. The market is further segmented by grade, with solvent grade exhibiting a larger market share than chemical fibre grade, driven by its versatile applications. Regional variations in market growth are expected, with Asia Pacific leading in terms of volume, while North America and Europe retain significant market value due to higher pricing and specialized applications. The competitive landscape features both established multinational companies and regional players, resulting in a dynamic market environment where innovation and efficient production are crucial for success.