Cyclohexylbenzene Market by Companies, Applications, Industry Growth, Competitors Analysis, New Technology and Forecast by 2029

Cyclohexylbenzene Market - Industry Trends and Forecast to 2029

    Cyclohexylbenzene Market

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    Market Analysis and Size

    Cyclohexylbenzene has emerged as an important material across various industries, such as painting, adhesives and plastics, among others. It is widely being utilized in the preperation of common intermediates for chemical products, including phenol and cyclohexanone. It has find application in the preparation of LCD (liquid crystal display) material.

    Global Cyclohexylbenzene Market was valued at USD 2481.60 million in 2021 and is expected to reach USD 3242.62 million by 2029, registering a CAGR of 3.40% during the forecast period of 2022-2029. High Purity is expected to witness high growth in the product type segments of the market owing to the high use for laboratory and research purposes. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.

    Market Definition

    Cyclohexylbenzene, also known as phenylcyclohexane, refers to a clear, colorless oily liquid with molecular formula C12H16 that tends to dissolve in compounds such as alcohol, hexane, carbon tetrachloride, acetone, benzene, and castor oil. It is widely deployed in the manufacturing of liquid crystal displays (LCD), lithium batteries and plastics due to its insolubility in glycerol and water.

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