Vinylcyclohexene (VCH) Market – Estimated To Experience A Hike In Growth By 2027

 

Global Vinylcyclohexene (VCH) Market: Overview

·         Vinylcyclohexene (VCH) is a high-purity liquid diolefin. It is an organic compound produced as a byproduct during the chemical processing of 1,3-butadiene (dimerization).

·         Vinylcyclohexene (VCH) is 1,3-butadiene dimer. Vinylcyclohexene is an impurity found in butadiene during storage, which is developed due to dimerization.

·         Vinylcyclohexene (VCH) has a boiling point of 126°C. It is a highly toxic and colorless liquid with strong, pungent odor.

·         Vinylcyclohexene (VCH) is used as a precursor in the production of flame retardants. VCH also acts as an intermediate in the synthesis of specialty chemicals.

Rise in Demand for Vinylcyclohexene (VCH) in Chemical Industry

·         The global vinylcyclohexene (VCH) market is anticipated to expand significantly during the forecast period. Growth of population and rise in the disposable income are key factors expected to boost the demand for vinylcyclohexene (VCH) during the forecast period.

·         Increase in the production of flavors and fragrances is driving the demand for vinylcyclohexene (VCH) in the food & beverages industry. Vinylcyclohexene (VCH) plays an important role in various chemical processes.

·         Leading manufacturers are focusing on the development of customized technological solutions based on industrial requirements

·         Stringent government regulations and volatile prices of raw materials may hinder the global vinylcyclohexene (VCH) market during the forecast period

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98% Purity Segment Estimated to Witness Lucrative Opportunities

·         Based on purity, the global vinylcyclohexene (VCH) market can be segmented into 98%, 99%, 95%, and others

·         Among these, 98% is anticipated to be the most rapidly expanding segment of the global vinylcyclohexene (VCH) market during the forecast period. Vinylcyclohexene (VCH) with 98% purity is widely used as a chemical intermediate in various end-use industries. The 98% segment is anticipated to witness rapid growth during the forecast period, due to growing consumption of VCH with 98% purity across different industries.

Chemical Intermediates Segment to Witness Significant Opportunities

·         Based on application, the global vinylcyclohexene (VCH) market can be segregated into chemical intermediates, flame retardants, and others (including flavors & fragrances)

·         Chemical intermediates is projected to be the most rapidly expanding segment of the global vinylcyclohexene (VCH) market during the forecast period

·         Vinylcyclohexene (VCH) is primarily employed as a chemical intermediate in various industrial processes

Chemical End-use Segment to Hold a Major Market Share

·         Based on end-use, the global vinylcyclohexene (VCH) market can be classified into chemical, pharmaceutical, food & beverages, and others. The chemical segment accounts for a prominent share of the global vinylcyclohexene (VCH) market, due to rise in the demand for vinylcyclohexene (VCH) as a chemical intermediate.

·         Increasing demand from the food & beverages industry has been driving the global vinylcyclohexene (VCH) market over the last few years. The trend is anticipate to continue throughout the forecast period.

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Asia Pacific to Hold a Significant Share of Global Vinylcyclohexene (VCH) Market

·         In terms of region, the global vinylcyclohexene (VCH) market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa

·         Asia Pacific is anticipated to constitute a significant share of the global vinylcyclohexene (VCH) market in the near future. Growth of pharmaceutical and chemical sectors, especially in China and India, is likely to drive the market in the region during the forecast period.

·         Demand for vinylcyclohexene (VCH) is projected to remain steady in North America and Europe in the next few years. The vinylcyclohexene (VCH) market in Latin America and Middle East & Africa is likely to expand at a steady pace during the forecast period.

·         The U.S. is projected to constitute a major share of the vinylcyclohexene (VCH) market in North America during the forecast period. Growth of the market in the country can be ascribed to presence of prominent manufacturers, such as Norquay Technology and Santa Cruz Biotechnology, in the country.

 

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