North American Market Forecasts
The cyclic ketones market in the North America region is anticipated to hold the highest market share of 35% by the end of 2036. As a result of the increasing demand for specialty polymers, such as nylon etc., and more textile materials in this part of the world, the USA and Canada are considered to be one of the main markets for cyclic ketones. The growth in the ketones market was also supported by increased demand for intermediates such as cyclohexanone to produce Adipic acid, which is further processed into textile products manufactured in the United States and Canada. With the presence of a large number of primary manufacturers, such as several textile producers, and strong demand for end-use industries in the USA, this sector is expected to grow significantly.
APAC Market Statistics
The cyclic ketones market in the Asia Pacific region is expected to grow significantly by the end of 2036. Asia Pacific demand outlook for cyclopentanes owing to the substantial growth of the chemical and textile sectors, as well as a strong demand on cyclopentanes in the countries of Asia Pacific for utilization in fragrance or aroma products raises the demand for cyclic ketones in this region during the set period.
Author Credits: Rajrani Baghel
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