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Showing posts with the label Cyclohexane Market Trend

Cyclohexane Market Racing to a Heightened Growth of USD 32.3 Billion by 2025

Globally changing consumer behavior towards sustainability has been a significant factor driving market growth. Also, the increasing use in 3D printing is positively influencing the demand for the cyclohexane and its products. The Global Cyclohexane Market is expected to reach USD 32.3 billion by 2025, growing at a CAGR of 4.9% according to a new report by Grand View Research, Inc. Growing population coupled with rapid urbanization and industrialization in emerging economies has also driven federal governments to increase their manufacturing spending to cater to the rising demand. The low production cost and relaxed government regulations further boosting the demand for cyclohexane in the global market. Also, global Nylon 6 Production is estimated to increase at a rapid rate, which is expected to increase demand for cyclohexane globally. Recently, there has been a growing impetus towards the provision of greater quality products to retain customer loyalty, since low switching ...