Vinylcyclohexene (VCH), is also known as 4-Vinylcyclohexene. It is a colorless liquid made by using 1, 3-butadiene dimerizer in a Diels-alder reaction. Moreover, it has a chemical formula for this organic compound is C8H12. VCH is an extremely toxic organic compound with the melting point as 108.9 °C and the boiling point is 128.9 °C. Some of the key other properties of VCH includes it’s insolubility in benzene, diethyl ether, petroleum ether. In terms of key applications of Vinyl cyclohexane, it is widely used in the chemical industry for the research & development and the production of derivative chemicals. The product is further used in various laboratory research applications and polymer & copolymer production. Moreover, the rising research on various new types of polymers & co-polymers are expected to propel the market growth. In addition, the polymer industry has further witnessed a steady growth over the coming years due to the continuing trend of replacing metals with polymers. Furthermore, the rising demand for polymers in optics is expected to support market growth over the forecast period.
As per analysis, “Global Vinylcyclohexene (VCH, CAS 100-40-3) Market, 2021-2027” some of the key companies that are currently operating in the global Vinylcyclohexene market include Jilin Dayu Chemical Industrial Co., Ltd., Evonik Industries AG, Puyang Shenghuade Chemical Co., Ltd. and among others. The market is considered to be as moderately fragmented due to the presence of multinational chemical companies. Further, the industry participants are interested to pursue an integrated business model or a special business model or both. Moreover, some players in the vinyl cyclohexane industry are pursuing both the business models in order to gain a competitive advantage over the other players. Leading manufacturers are focusing on development of the customer-specific technological solutions based on the industrial requirements.
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Moreover, rise in demand for the adhesives & sealants in the packaging industry, followed by growth in paint & textile industry and increase in need for specialty chemicals are some major factors, which are responsible for growth of the Vinylcyclohexene market. However, severe government regulations along with volatile prices of raw materials may hamper the market. Moreover, growth in the chemical industry is a key opportunity for global market.
Based on regional analysis, the Asia-Pacific is a leading region in ‘Global Vinylcyclohexene (VCH, CAS 100-40-3) Market’ owing to growth of pharmaceutical and chemical sector across the region. The North-America and Europe regions are anticipated to witness higher growth rate due to presence of a large number of product manufacturers along with established end-user industries over the forecast period. In addition, the region also has a strong research culture driven by increased R&D spending and government incentives. Further, the demand of various product is expected to increase owing to considerable the growth of end user industries in the various regions. It is estimated that global Vinylcyclohexene market will be reached at rapid pace because of rise in the disposable income coupled with growth in the production of flavors and fragrances in the food & beverages industry during the forecast period.
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Global Vinylcyclohexene (VCH, CAS 100-40-3) Market Key Players
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