Dublin, June 20, 2025 (GLOBE NEWSWIRE) — The “Cyclic Ketones – Global Strategic Business Report” has been added to ResearchAndMarkets.com’s offering.
The global market for Cyclic Ketones was estimated at US$457.1 Million in 2024 and is projected to reach US$585.3 Million by 2030, growing at a CAGR of 4.2% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Cyclic Ketones market.
Cyclic ketones have emerged as indispensable intermediates across a spectrum of chemical processes, gaining prominence due to their unique structural and functional versatility. Characterized by a carbonyl group bonded within a cyclic structure, these compounds such as cyclohexanone and isophorone serve as essential building blocks in the synthesis of high-performance polymers, agrochemicals, pharmaceuticals, and dyes. Among their most significant uses is the production of nylon via cyclohexanone, which is converted to adipic acid and caprolactam.
What Forces Are Powering Market Acceleration on a Global Scale?
The growth in the cyclic ketones market is driven by several factors linked to technology advancements, end-use sector dynamics, and evolving regulatory and consumer expectations. A major driver is the sustained demand for high-performance polymers, particularly nylon, across automotive, consumer electronics, and construction industries, where durability and thermal resistance are paramount. Advances in chemical synthesis and catalysis are enabling more efficient, scalable production of cyclic ketones, lowering costs and improving yield rates. On the consumer side, the rising preference for lightweight, fuel-efficient vehicles has increased the usage of engineering plastics, indirectly boosting the demand for cyclohexanone as a precursor.
Similarly, the growth of the global paints and coatings industry, driven by real estate development and infrastructure expansion, has fueled the use of cyclic ketone-based solvents. In the pharmaceutical sector, the rise of chronic diseases and the corresponding boom in drug development pipelines have created a strong demand for ketone-based intermediates. Additionally, environmental policies encouraging low-VOC (volatile organic compound) solvents and biodegradable materials have led to a pivot towards cleaner, safer ketone derivatives.
Technological shifts such as continuous flow processing and AI-assisted formulation are also accelerating innovation in ketone applications. Moreover, international trade liberalization and the expansion of specialty chemical manufacturing hubs in Asia, particularly in India and China, are making cyclic ketones more accessible and competitively priced, thus broadening their global reach and market growth trajectory.
Could Sustainability and Green Chemistry Shape the Future of Cyclic Ketones?
Environmental regulations and the shift towards sustainable manufacturing are reshaping the cyclic ketones market, compelling producers to innovate in both feedstock selection and production pathways. Historically derived from petrochemical sources especially phenol and benzene cyclic ketones are now increasingly being synthesized from biomass-derived feedstocks and renewable hydrocarbons. For instance, biobased cyclohexanone derived from glucose or lignin has gained attention in academic and industrial circles as a greener alternative, significantly reducing carbon footprints. Catalytic hydrogenation techniques that minimize waste and energy consumption are becoming standard, particularly in regions with stringent emissions policies such as the European Union.
Major chemical companies are investing in integrated production units that incorporate closed-loop systems, thereby enhancing process efficiency and environmental compliance. This sustainability drive is also being accelerated by end-user industries; for example, fashion and automotive brands committed to net-zero goals are indirectly pushing upstream suppliers to adopt greener solvent systems and polymer precursors, many of which rely on cyclic ketones. Additionally, regulatory frameworks such as REACH in Europe and TSCA in the U.S. are placing pressure on manufacturers to reformulate products containing hazardous derivatives, thereby increasing demand for high-purity, low-toxicity cyclic ketones with eco-friendly credentials. As green chemistry continues to gain traction, cyclic ketones are poised for a transformative evolution rooted in circularity and innovation.
How Is Demand Evolving Across Key End-Use Industries?
The consumption patterns of cyclic ketones are witnessing significant diversification, driven by expansion in end-use sectors that rely heavily on these intermediates. In the polymers and plastics industry, rising demand for nylon-6 and nylon-66 in automotive components, electrical housings, and consumer goods continues to drive large-scale consumption of cyclohexanone. In parallel, the coatings and adhesives sector is showing a marked preference for cyclic ketone solvents due to their superior evaporation profiles and compatibility with modern formulations.
The pharmaceutical industry remains a stronghold, with cyclic ketones used not only in drug synthesis but also as solvents and crystallization agents in drug formulation processes. In agrochemicals, these compounds play a critical role in the formulation of herbicides and fungicides, especially those requiring selective reactivity or prolonged stability. A growing trend is their application in the electronics sector, where high-purity solvents are crucial for cleaning, etching, and lithographic processes.
Emerging economies in Asia-Pacific are exhibiting strong growth in all these industries, making the region a focal point for market expansion. Furthermore, the ongoing technological push in specialty chemicals and custom synthesis has opened new doors for cyclic ketones in flavors, fragrances, and even advanced materials like nanocomposites. The compound annual growth rate of these downstream markets directly correlates with the heightened global demand for diverse cyclic ketone variants.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Cyclohexanone segment, which is expected to reach US$251.6 Million by 2030 with a CAGR of a 4.9%. The Cyclopentanone segment is also set to grow at 4.5% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $124.5 Million in 2024, and China, forecasted to grow at an impressive 7.8% CAGR to reach $120.5 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of players such as Alpha Chemika, ALTIVIA Ketones & Additives, BASF SE, Caffaro Industrie S.p.A., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Attributes:
Report Attribute | Details |
No. of Pages | 279 |
Forecast Period | 2024 – 2030 |
Estimated Market Value (USD) in 2024 | $457.1 Million |
Forecasted Market Value (USD) by 2030 | $585.3 Million |
Compound Annual Growth Rate | 4.2% |
Regions Covered | Global |
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Tariff Impact on Global Supply Chain Patterns
- Cyclic Ketones – Global Key Competitors Percentage Market Share in 2025 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2025 (E)
MARKET TRENDS & DRIVERS
- Rising Demand in Solvent Applications Throws the Spotlight on Cyclohexanone and Other Cyclic Ketones
- Growth of Nylon and Polyamide Production Drives Large-Scale Use of Cyclohexanone as a Precursor
- Pharmaceutical and Agrochemical Industries Propel Demand for High-Purity Cyclic Ketones in Synthesis
- Push Toward Green Chemistry Accelerates Interest in Bio-Based and Low-Emission Ketone Production
- Increasing Use in Adhesives, Inks, and Coatings Expands the Addressable Market for Cyclic Ketone Solvents
- OEM Shift Toward Cleaner Formulations Drives Innovation in VOC-Compliant and Low-Odor Ketone Variants
- Surge in Demand for Specialty Chemicals in APAC Fuels Regional Expansion of Ketone Production Capacities
- Integration into Fragrance Intermediates and Flavorings Creates Niche Opportunities for Fine Ketone Grades
- Rising Demand from Electronics and Photochemical Processes Strengthens High-Purity Solvent Usage
- Growth of Custom Synthesis Services Drives Interest in Functionalized Cyclic Ketone Derivatives
- Increased Use in Biomedical Research and Drug Discovery Expands Applications in Analytical Chemistry
FOCUS ON SELECT PLAYERS
- Alpha Chemika
- ALTIVIA Ketones & Additives
- BASF SE
- Caffaro Industrie S.p.A.
- Eastman Chemical Company
- Freesia Chemicals
- GreenChem Industries LLC
- Hangzhou Better Chemtech Ltd.
- Hefei TNJ Chemical Industry Co., Ltd.
- Junsei Chemical Co., Ltd.
- Kanto Chemical Co., Inc.
- Kishida Chemical Co., Ltd.
- Merck KGaA
- Nacalai Tesque, Inc.
- National Analytical Corporation
- Shell Chemicals
- Solvay S.A.
- Vigon International
- Zeon Corporation
- Zhejiang NHU Co., Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/ib7vvs
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