Friday, June 21, 2024

The Cyclohexanone Market: Analyzing Price Trends and Future Outlook

Chris Byrd
Chris Byrdhttps://www.procurementresource.com/resource-center/banana-price-trends
Hi, my name is Chris and I'm working for a Market Research and Business Consultant company (Procurement Resource). If you have any inquiry we can help you. you can visit our website.

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Cyclohexanone is a colourless to pale yellow liquid that is an organic molecule with a unique and pleasing peppermint-like odour. Its chemical structure includes a six-membered ring cyclic ketone, including a carbonyl group (-CO-).

Request for Real-Time Cyclohexanone Prices: https://procurementresource.com/resource-center/cyclohexanone-price-trends/pricerequest

The molecule is extremely reactive and combustible, fiercely reacting with strong acids and oxidising agents. It readily dissolves in organic solvents like ethanol, acetone, methanol, and ether.

Key Details About the Cyclohexanone Price Trends:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Cyclohexanone price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Cyclohexanone Prices, including India Cyclohexanone price, USA Cyclohexanone price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Cyclohexanone Price Trends:

Price Trend

Cyclohexanone is mainly employed as a solvent which facilitates the production of various compounds like caprolactam, adipic acid, and hexamethylenediamine, which are all used in nylon making. As the nylon market is witnessing rapid demand due to its application in end-use industries, like textile, automotive, and packaging, it will also boost demand for cyclohexanone. The chemical also works as a solvent to produce a few medicines, insecticides, and other chemical compounds. Other factors furthering the market expansion include a rising population, lifestyle changes and the increasing demand for food and agricultural goods.

Key Players:

  • BASF SE
  • OSTCHEM
  • Honeywell International Inc
  • UBE INDUSTRIES, LTD.

News & Recent Development

  • 29th May 2023– The cyclohexanone benchmark price reached 9320.00 RMB/ton, from the previous 9510.00 RMB/ton declining by -2.00%. This decline was caused by weak feedstock benzene prices, frail demand, lower transaction focus, and high availability of product availability.

About Us:

Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

Contact Us:

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Contact Person: Chris Byrd
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