Cyclohexane Uses Market Size, Share, Trends, Industry Analysis, and Opportunities Significant Growth In Conductive Inks
Market Overview: Nearly all cyclohexane is utilized to manufacture cyclohexanol and cyclohexanone, which are used for the production of adipic acid and caprolactam. As a result of cyclohexane’s intrinsic link to the polyamide (Nylon) chain and its use in automobiles, construction, and textiles, global cyclohexane demand remains strongly influenced by macroeconomic conditions. Cyclohexane is largely consumed for the production of nylon 6 fibers, thermoplastics, and films. Increasing crude oil production reduces the raw material demand gap, rising demand for cyclohexane incorporated fibers for textiles, and increasing automobile production fuels the nylon based thermoplastics for manufacturing of automotive parts. Increasing urbanization along with rising per capita disposable income in developed and developing economies are predicted to drive the growth of the market over the forecast period 2017-2023. High adoption rate along with the increasing number of construction activitie