Cyclic Ketones Market Size

Cyclic Ketones Market size is expected to cross USD 3 Billion by the end of 2036, expanding around 6% CAGR during the forecast period i.e., 2024-2036. In the year 2023, the industry size of cyclic ketones was over 500 Million. Due to the fact that most ketones are cyclic, large synthetic derivatives such as cyclohexanol and cyclopentanol have great potential for use in different chemical industries. Increasing demand for the most common types of polymer such as nylon, used in sporting clothing and gym equipment, is driving the demand for cyclic ketones in textile production.

Demand for cyclohexanone is also expected to increase as a functional group, where it acts as an intermediate and is consumed to produce precursors such as caprolactam and adipic acid. The growing demand for cyclohexanone, mainly as a chemical intermediate and solvent for various lacquers such as paints and plastics, is expected to increase in the coming years.