Vinyl Cyclohexane Market - By Purity (95%, 97%, ≥98%), By Application (Chemical, Polymers) & Forecast, 2024– 2032

Vinyl Cyclohexane Market Size

Vinyl cyclohexane market size reached a revenue of over USD 63.5 million in 2023 and is set to record 4.4% CAGR during 2024-2032 driven by increasing application scope in the polymer and chemical industries.
 

The synthesis of high-performance polymers and copolymers are important for a wide range of applications including adhesives, coatings, and elastomers. For instance, in February 2024, EPS introduced PC-Mull 815, a biobased acrylic copolymer for high-performance furniture and wood finishes. The increasing demand for these products in various end-use industries, such as automotive, construction and electronics is driving the product uptake.
 

The strong focus on R&D activities for the development of advanced materials will also influence the market growth. Companies are investing heavily to develop new applications and improve the properties of vinyl cyclohexane products. This includes increasing the thermal stability, chemical resistance, and mechanical properties of polymers for making them suitable for special high-quality applications. The shift towards sustainable and environmentally friendly products has also led to the exploration of vinyl cyclohexane in green chemistry practices.
 

However, the high cost of production and the complexity involved in the synthesis may deter the product uptake. The raw materials and processes used to produce vinyl cyclohexane are expensive, subsequently increasing the end-product price, making it less competitive than other monomer polymers. Strict regulations of chemical manufacturing and control are also posing challenges for manufacturers, as compliance with safety and environmental standards can be expensive. Limited awareness and the availability of cost-effective alternatives may further restrict the industry development to some extent.
 

Vinyl Cyclohexane Market Trends

The increasing preference for sustainable and bio-based alternatives, along with advancements in polymer technology will favor the market growth. With growing emphasis on environmental sustainability, manufacturers are looking for biologically based materials to produce vinyl cyclohexene to reduce reliance on petrochemical feed. Moreover, innovations in polymer technology are leading to the development of high-performance vinyl cyclohexane-based polymers with enhanced properties, such as excellent thermal properties, mechanical properties, and chemical resistance. For instance, in May 2023, Borealis launched Stelora, a sustainable engineering polymer with increased strength, durability, and heat-resistance.
 

Vinyl Cyclohexane Market Analysis

Vinyl cyclohexane industry from the >98% purity segment recorded more than USD 25 million in 2023 and will generate over USD 37.7 million by 2032 favored by the rising requirement for superior quality polymers and advanced materials in high-end applications. Industries, such as electronics, aerospace and medical devices deploy materials with exceptional performance characteristics. To that end, high purity vinyl cyclohexene is used for ensuring the stability and reliability of these materials. The growing importance of utilizing highly active solvents and the presence of stringent safety standards will add to the segment growth, as impurities can significantly affect product quality and cause defects or failures.
 

Based on application, the vinyl cyclohexane market value from the chemical segment will generate a revenue of over USD 81.5 million by 2032 due to its extensive use as a crucial intermediate in the synthesis of various high-performance polymers and specialty chemicals. The unique chemical properties of vinyl cyclohexane make it valuable for advanced materials with improved properties, such as high durability, flexibility, and thermal and chemical resistance. Continued innovations in chemical synthesis and polymer technology are also driving the demand for high-quality monomers including vinyl cyclohexene for allowing the development of new and improved materials.
 

North America vinyl cyclohexane industry size was valued at over USD 18.7 million in 2023 and is expected to witness 4.3% CAGR from 2024 to 2032. This is attributed to the strong industrial base and advanced manufacturing capabilities, particularly in the automotive and electronics sectors. The increasing demand for lightweight and durable materials in the automotive sector to improve fuel efficiency and reduce carbon emissions is driving the need for vinyl cyclohexane as a key ingredient high-performance polymer for automotive parts. Strong R&D activities are also supporting the development of new applications and advanced materials, further increasing the regional product demand.
 

Vinyl Cyclohexane Market Share

These firms are investing heavily in R&D activities to innovate and improve the quality and performance of vinyl cyclohexane-based products while meeting the specific needs of high-end applications. Strategic partnerships and collaborations with leading chemical polymer manufacturers are leading to enhanced market reach and technical capabilities. These market players are also focusing on expanding their production capacities and geographic footprint to cater to the growing global demand.
 

Vinyl Cyclohexane Market Companies

Major players operating in the vinyl cyclohexane industry include:

• FUJIFILM Wako Pure Chemical Corporation
• Hangzhou Keying Chem Co, Ltd
• Sigma Aldrich
• Beantown Chemical Corporation
• Norquay Technology, Inc.
• City Chemical LLC
• Tokyo Chemical Industry Co., Ltd.
• Santa Cruz Biotechnology, Inc.
• abcr GmbH.
• BOCSCI, Inc.
• Alfa Aesar
• Biosynth Carbosynth Japan K K
• AK Scientific, Inc.
• Matrix Scientific
   

Vinyl Cyclohexane Industry News

• In May 2024, Shindo launched a new modified acrylic resin, Shimteq™ RSN ACS01, designed for use as a matrix resin in composites.
   
• In February 2023, SABIC, launched two new LNP CRX polycarbonate (PC) copolymer resins at MD&M West for offering a unique blend of strong chemical and dimensional stability, impact resistivity, thin-wall transparency, and excellent processability.
   

The vinyl cyclohexane market includes in-depth coverage of the industry, with estimates & forecast in terms of revenue and volume (USD Thousand) (Kg) from 2021 to 2032, for the following segments:

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By Purity

• 95%
• 97%
• ≥ 98%

By Application

• Chemical
• Polymer

The above information is provided on a regional and country basis for the following:

• North America
  • • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America
  • MEA
    • Saudi Arabia
    • UAE
    • South Africa
    • Rest of MEA