As per this study the Global Methylcyclohexane Market was valued USD XX.X MN (by revenue) in 2019 and is anticipated to reach USD XX.X MN by 2026 with a CAGR of X.X%. By volume, the market was estimated XX.X KT in 2019 and is expected to reach XX.X KT by 2026 with a CAGR of X.X%.
Methylcyclohexane is the transparent liquid with a faint odor similar to petroleum. It is a saturated hydrocarbon, synthesized by hydrogenation of toluene. It is used as a solvent in adhesives, paints, coatings, inks, laboratory chemicals, rubber manufacturing, and other applications.
The growing adoption of methylcyclohexane across end-user industries is driving market growth. The rise in disposable income leading to higher demand for automotive and consumer electronics is fueling the market growth. Soaring demand for adhesives, paints, and coatings on account of booming packaging and construction industry is further escalating the market growth. On the contrary, health hazards associated with methylcyclohexane may hinder market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of methylcyclohexane.
The broad methylcyclohexane market has been sub-grouped into grade and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
- Industrial Grade
- Non-Industrial Grade
- Organic Synthesis
- Adhesive & Sealants
- Plastic Products
- Chromatographic Analysis
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for methylcyclohexane in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Europe Methylcyclohexane Market By Revenue (USD MN)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the methylcyclohexane market include Baling Huaxing, Changde Chemical, Changyi Daan Fine Chemical, Chevron Phillips Chemical, Dechang Chemical, Huntsman, Jiangsu Yangnong Chemical Group, Jubang Chemical, Luyuan Chemical, Maruzen Petrochemical, Sankyo Chemical, TASCO Group, and Total Sa. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.