The global 4-tert-butylcyclohexanone market is expected to reach nearly US$ 43 Bn in 2032 up from US$ 42 Bn recorded in 2022. With growing demand for non-toxic chemical intermediate in personal care and cosmetics industry, sales of 4-tert-butylcyclohexanone are projected to increase at a CAGR of 3% - 5% during the forecast period.
| Report Attribute | Details |
| 4-tert-Butylcyclohexanone Market Expected Market Value (2022) | US$ 42 Bn |
| 4-tert-Butylcyclohexanone Market Anticipated Forecast Value (2032) | US$ 43 Bn |
| 4-tert-Butylcyclohexanone Market Projected Growth Rate (2022-2032) | 3% - 5% CAGR |
4-tert-butylcyclohexanone is an organic chemical intermediate belonging to family of C10H18O ketones. This chemical is available in the market under CAS number 98-53-3. Due to its nontoxic nature, it is extensively used in the manufacturing of fragrances, flavors, biocides, and other cosmetics products.
Also, rising health and hygiene concerns across diverse industries such as food & beverages, paints & coatings, and personal care is increasing the demand for biocides. This, in turn, will propel the use of 4-tert-butylcyclohexanone.
Growing influence of social media and celebrity endorsements is propelling the use of personal care and cosmetic products for personal grooming and hygiene. Hence, rising adoption of cosmetics products will facilitate the growth in the market.
Also, increasing health consciousness has surged the number of gym-goers, which, in turn, is augmenting the demand for products such as perfumes and deodorants. This is likely to create conducive environment for 4-tert-butylcyclohexanone market over the forecast period.
Stringent government regulations imposed on the use of 4-tert-butylcyclohexanone due to its adverse effect on health and environment is likely to impede the growth in the market.
Furthermore, registration of 4-tert-butylcyclohexanone under Registration, Evaluation, Authorisation and Restriction of Chemicals (REACH) owing to its toxic impact on aquatic life might hamper the sales during the forecast period.
China is estimated to dominate Asia Pacific 4-tert-butylcyclohexanone market over the assessment period, opines Future Market Insights. Growth in Asia Pacific is attributed to increasing use of personal care and cosmetic products across China, India, and Japan.
Also, growing consumption of packaged food & beverages due to improved standard of living will bolster the use of biocides in food and beverage sector. This is expected to create remunerative prospects for the 4-tert-butylcyclohexanone market.
Besides, growing awareness about health and fitness is encouraging the consumers to perform physical activities, thereby increasing use of cosmetic products such as deodorants. This is anticipated to propel the demand for 4-tert-butylcyclohexanone in the coming years.
According to FMI, North America is expected to register fastest growth due to increasing sales of perfumes and other cosmetic products in the U.S. Inclination towards premium cosmetic and personal care products is expected to burgeon the adoption of 4-tert-butylcyclohexanone.
For instance, Chanel announced that it will be adding Paris-Paris, a new fragrance, to its existing collection of Les Eaux de Chanel by May 2022.
Key players profiled in the global 4-tert-Butylcyclohexanone market include Fisher Scientific UK Ltd, Hubei Jusheng Technology Co., Ltd., LANXESS AG, Nactis Flavours, WeylChem International GmbH, Tokyo Chemical Industry Co., Ltd., Merck KGaA, and Hangzhou Dayangchem Co., Ltd., among others.
Leading players are adopting inorganic business strategies such as mergers, acquisitions, partnerships, collaborations to gain a competitive edge in the market. They are also expanding their production capacities and product line to cater to strengthen their global presence.
| Report Attribute | Details |
| Growth Rate | 3% - 5% CAGR |
| Base Year for Estimation | 2021 |
| Historical Data | 2015-2020 |
| Forecast Period | 2022-2032 |
| Quantitative Units | Revenue in US$ Bn, and CAGR from 2022-2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered |
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| Customization | Available Upon Request |
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The global 4-tert-Butylcyclohexanone market is projected to reach nearly US$ 42 Bn by the end of 2022.
Asia Pacific is estimated to hold a maximum share in the 4-tert-Butylcyclohexanone market owing to the rising demand for biocides in the food and beverage industry.
The global 4-tert-Butylcyclohexanone market is projected to grow at a CAGR of 3% - 5% during the forecast period.
Long lasting impact of 4-tert-Butylcyclohexanone on the aquatic life and environment is projected to limit the sales of 4-tert-Butylcyclohexanone.
The overall sales of global 4-tert-Butylcyclohexanone market is estimated to reach a valuation of around US$ 43 Bn in 2032.
4-tert-Butylcyclohexanone Market
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