Cyclohexane price October 2024 and outlook (see chart below)
- North America:US$1.32/KG, -2.2% down
- Europe:US$1.45/KG, -2% down
- Northeast Asia:US$0.96/KG, unchanged
- Southeast Asia:US$1.4/KG, -2.1% down
- Middle East:US$1.37/KG, -2.1% down
- India:US$1.33/KG, -0.7% down
The chart below summarizes Cyclohexane price trend per region, as well as the outlook. It takes a moment to load.
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Cyclohexane price index
This post is a summary of the Cyclohexane price developments. The price developments of Cyclohexane are expressed in US$ prices converted FX rates applicable at the time when the price was valid. Cyclohexane price index developments are calculated from multiple separate sources of data to ensure statistical accuracy.
The outlook for Cyclohexane prices, on the second tab, is generated from different inputs including:
- Very recent price developments of immediate cost drivers of Cyclohexane prices
- Recent price developments of underlying feedstocks which drive the price of Cyclohexane
- Market futures for both cost drives and feedstocks of Cyclohexane prices
- Adjustment of current supply/demand imbalances in the Cyclohexane market
- Longer term trends in likely demand conditions
Further information on the Cyclohexane price index
What is cyclohexane
Cyclohexane is a cycloalkane hydrocarbon with the chemical formula C6H12. It is a colorless, flammable liquid that is commonly used as a solvent and as a raw material in the production of other chemicals.
Cyclohexane is produced by the hydrogenation of benzene, a process that involves the reaction of benzene with hydrogen in the presence of a catalyst. The resulting product is a mixture of cyclohexane and other compounds, which is then separated and purified to produce pure cyclohexane.
Cyclohexane is used as a solvent in a variety of applications, including the production of paints, resins, and adhesives. It is also used as a raw material in the production of cyclohexanol and cyclohexanone, which are important chemicals used in a wide range of industrial and consumer products. Overall, cyclohexane is an important industrial chemical that has a wide range of uses in many different industries.
How is cyclohexane produced
Cyclohexane is produced by the hydrogenation of benzene, a process that involves the reaction of benzene with hydrogen in the presence of a catalyst, such as a metal, such as nickel or palladium. The hydrogenation reaction is typically carried out in a reactor vessel, which is equipped with an agitator to mix the reactants and an overhead condenser to remove heat from the reaction. The reaction temperature and pressure are carefully controlled to optimize the yield of cyclohexane and to minimize the formation of by-products.
After the reaction is complete, the product mixture is cooled and the cyclohexane is separated from the other compounds using a distillation process. The resulting cyclohexane is then purified through a series of additional distillation steps to remove impurities and to produce a high-purity product.
Overall, the production of cyclohexane involves a complex series of chemical reactions and separation processes that are carried out under carefully controlled conditions to optimize the yield and purity of the final product.
What is cyclohexane used for
Cyclohexane is used in a variety of applications, including:
Solvent
Cyclohexane is used as a solvent in the production of paints, resins, and adhesives. It is known for its ability to dissolve a wide range of materials and has a relatively low evaporation rate, making it a useful solvent in many different applications.
Raw material
Cyclohexane is used as a raw material in the production of cyclohexanol and cyclohexanone, which are important chemicals used in a wide range of industrial and consumer products. Cyclohexanol is used in the production of plasticizers, solvents, and other chemicals, while cyclohexanone is used as a solvent and in the production of a variety of chemicals, including adipic acid, which is used in the production of nylon and other polymers.
Other uses
Cyclohexane is also used as a solvent in the production of flavors and fragrances and is used in the production of certain plastics and rubber products. It is also used in the production of certain pharmaceuticals and pesticides.
Overall, cyclohexane is an important industrial chemical that has a wide range of uses in many different industries. It is known for its ability to dissolve a wide range of materials and is used as a solvent and as a raw material in the production of other chemicals.
What types of cyclohexane are there
There are several different types of cyclohexane, including:
Normal (n-) cyclohexane
This is the most common type of cyclohexane and has a linear structure with no branches.
Isopropyl (i-propyl) cyclohexane
This type of cyclohexane has a branched structure with a single isopropyl group attached to one of the carbon atoms.
Neopentyl (neohexyl) cyclohexane
This type of cyclohexane has a branched structure with a single neopentyl group attached to one of the carbon atoms.
Hexyl cyclohexane
This type of cyclohexane has a branched structure with a single hexyl group attached to one of the carbon atoms.
Overall, there are many different types of cyclohexane, which can be distinguished by the type and position of the substituents attached to the carbon atoms. These different types of cyclohexane have different physical and chemical properties and are used in a variety of applications.
How big is the cyclohexane market
The cyclohexane market is significant, with demand driven by the use of cyclohexane as a solvent and as a raw material in the production of other chemicals. According to a report by Mordor Intelligence, the global cyclohexane market was valued at approximately USD 8.5 billion in 2020 and is expected to reach USD 10.8 billion by 2025, at a compound annual growth rate of 4.9%.
The Asia-Pacific region is the largest market for cyclohexane, followed by Europe and North America. The growth in the Asia-Pacific region is driven by the increasing demand for paints, resins, and adhesives, while the demand in Europe and North America is driven by the production of cyclohexanol and cyclohexanone.
Overall, the demand for cyclohexane is likely to remain strong in the coming years due to its wide range of uses and the growing demand for paints, resins, and adhesives. However, the cyclohexane market is subject to fluctuations in price and supply due to factors such as raw material costs, economic conditions, and competition from other chemicals.
According to https://oec.world/ :
Cyclohexane are the world’s 2454th most traded product.
In 2020, the top exporters of Cyclohexane were Saudi Arabia ($125M), Germany ($122M), Netherlands ($80.3M), Belgium ($54.3M), and United States ($47.9M).
In 2020, the top importers of Cyclohexane were Belgium ($394M), France ($79.8M), Germany ($26.5M), Spain ($16.4M), and India ($9.69M).