Global Cyclic Ketone
Market Report
2025
The Global Cyclic Ketones market size is USD 0.67 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 5.80% from 2023 to 2030.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, The Global Cyclic Ketones market size is USD 0.67 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 5.80% from 2023 to 2030.
2021 | 2025 | 2033 | CAGR | |
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Global Cyclic Ketone Market Sales Revenue | 121212 | 121212 | 121212 | 5.8% |
North America Cyclic Ketone Market Sales Revenue | 121212 | 121212 | 121212 | 4.5% |
Europe Cyclic Ketone Market Sales Revenue | 121212 | 121212 | 121212 | 4.8% |
Asia Pacific Cyclic Ketone Market Sales Revenue | 121212 | 121212 | 121212 | 6.8% |
South America Cyclic Ketone Market Sales Revenue | 121212 | 121212 | 121212 | 5.5% |
Middle East Cyclic Ketone Market Sales Revenue | 121212 | 121212 | 121212 | 5.6% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by Application |
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Market Split by End-User |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Cyclic Ketone Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The increasing demand for chemicals in various sectors, increasing demand for pharmaceutical products, growth of the agriculture sector, growth of the food and beverage industry, the rise of flavour and fragrance intermediates, ongoing research and development activities, changes in environmental regulations, growth of emerging markets, advances in synthetic chemistry and manufacturing technologies and globalization of supply chains are the major factors bolstering the growth of the cyclic ketones market.
The rising use of different ingredients in cosmetics bolsters the market's growth. As cosmetic formulations evolve to meet diverse consumer preferences, cyclic ketones enhance product properties. These ketones contribute to the development of unique fragrances and flavours, influencing the sensory experience of cosmetic products. Additionally, cyclic ketones exhibit stabilizing effects on formulations, extending product shelf life. The rising demand for innovative and multifunctional cosmetic products fuels the incorporation of cyclic ketones, reflecting a broader industry trend towards ingredient diversification to meet consumers' dynamic needs.
For instance, in March 2022, the European Federation for Cosmetic Ingredients recognized BASF's Care Creations as a manufacturer of personal care ingredients with a Good Manufacturing Practice (GMP) certification.
The growth of cyclopentanone has significantly impacted the cyclic ketones market. Cyclopentanone's rising popularity is attributed to its versatile applications in various industries, including pharmaceuticals, agrochemicals, and fragrance manufacturing. As a cyclic ketone, it is a crucial intermediate in synthesizing pharmaceutical compounds and agrochemicals, propelling its demand. The expanding fragrance industry also relies on cyclopentanone for its distinctive olfactory properties. This increased utilization fosters market growth, with cyclopentanone emerging as a pivotal driver in the
For instance, in December 2020, Solvay started the decarbonization process for the cyclopentanone unit at its Melle plant in France.
The limited availability of raw materials constrains the growth of the market. However, the scarcity or restricted access to these key inputs poses challenges to manufacturers, affecting overall supply chain dynamics. This limitation can lead to price fluctuations, supply chain disruptions, and hindered production capabilities. Consequently, industries relying on cyclic ketones may face uncertainties in meeting demand, potentially impacting their operational efficiency and competitiveness in the market. The industry stakeholders must strategize and diversify their raw material sources to mitigate these challenges and ensure a stable supply chain.
The stringent lockdown measures and supply chain disruptions led to declining production and demand for cyclic ketones across various industries. However, as economies gradually reopened, the market witnessed a steady recovery. The pharmaceutical and agrochemical sectors demonstrated resilience, driving the demand for cyclic ketones in applications such as drug synthesis and crop protection. Companies adapted to the new normal with enhanced safety protocols, remote work, and digital solutions. Despite challenges, the cyclic ketones market is poised for recovery, leveraging evolving market dynamics and emerging opportunities in the post-pandemic era.
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The major players focus on expanding their product portfolios and geographical presence to gain a competitive edge. Stringent regulations and growing demand in end-use industries further contribute to market competitiveness, fostering continuous evolution and adaptation.
(Source: www.lvginc.com/)
Top Companies Market Share in Cyclic Ketone Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the market in 2023. It accounted for around 40% of the global revenue, owing to the well-established pharmaceutical, agrochemical, and fragrance industries being significant consumers of cyclic ketones. Increased demand for speciality chemicals and ongoing research and development activities further drive market expansion. Stringent regulatory standards and a focus on sustainable practices contribute to adopting environmentally friendly ketones. Technological advancements and a strong emphasis on innovation in the United States and Canada also propel the market forward. North America remains a key player in the global cyclic ketones market, with steady growth anticipated in the foreseeable future.
Europe is the fastest-growing category, as diverse industrial applications drive growth. Countries like Germany, France, and the United Kingdom play pivotal roles in the market, with a strong presence of key players and advanced manufacturing capabilities. The pharmaceutical, fragrance, and agrochemical sectors notably influence Europe's demand for cyclic ketones. Stringent regulatory standards regarding product quality and safety propel research and development activities, fostering regional innovation. Additionally, a growing emphasis on sustainable and eco-friendly practices further shapes market dynamics.
The current report Scope analyzes Cyclic Ketone Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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According to Cognitive Market Research, North America held the major market share in 2023. It accounted for more than 40% and a CAGR of 4.5% of the global revenue due to the expanding demand for these versatile compounds across various industries. Cyclic ketones find extensive applications in pharmaceuticals, fragrances, and agrochemicals, propelling the market growth. Additionally, advancements in production technologies and the growing emphasis on sustainable and eco-friendly processes further contribute to the market's upward trajectory in North America and globally. Cyclic ketones, vital chemical compounds, find applications in industries such as pharmaceuticals, flavours, and fragrances. The North American market is witnessing a surge in consumption due to expanding end-use industries and a growing emphasis on research and development. This trend will likely contribute to the overall expansion of the global cyclic ketones market in the coming years.
According to Cognitive Market Research, The European Cyclic Ketones market accounted for approximately 30% and a CAGR of 4.8% of the global revenue due to the increasing demand from diverse industries, including pharmaceuticals, fragrances, and flavours. Cyclic ketones are crucial intermediates in synthesizing various chemicals and pharmaceutical compounds, propelling the market growth. The robust growth of end-use industries and ongoing research and development activities foster the adoption of cyclic ketones. Additionally, stringent regulatory standards and a focus on sustainable practices shape European market dynamics, emphasizing the importance of environmentally friendly production processes in the cyclic ketones industry. Europe's stringent quality standards and emphasis on sustainable practices further boost market expansion. Key market segments include cyclopentanone and cyclohexanone, with rising usage in diverse industrial processes. This dynamic landscape reflects the market's resilience and adaptability to evolving industry needs, positioning it for continued growth in the foreseeable future.
According to Cognitive Market Research, Asia Pacific held a considerable market share in 2023, accounting for more than 22% and a CAGR of 6.8% of the global revenue due to the increasing demand in the pharmaceutical and fragrance industries. Cyclic ketones find extensive application in synthesising pharmaceuticals and perfumes, contributing to the market's growth. With its burgeoning manufacturing sector and expanding consumer base, the Asia-Pacific region serves as a key driver for the market, fostering research, development, and production of cyclic ketones to meet growing regional demands. This dynamic market landscape is characterized by a rising need for versatile chemical compounds, propelling cyclic ketones' significance. The Asia-Pacific segment is witnessing robust demand due to industrial expansion and increasing consumer preferences for speciality chemicals. Key players are strategically investing in research and development to capitalize on emerging opportunities, contributing to expanding the cyclic ketones market in this dynamic region.
According to Cognitive Market Research, Latin America accounted for more than 5% and a CAGR of 5.5% of the global Cyclic Ketones revenue in 2023 due to the increasing demand from the pharmaceutical and fragrance industries. These ketones, known for their versatile chemical properties, find extensive applications in synthesising pharmaceuticals and fragrance compounds. The region's growing consumer base and economic development also contribute to the rising demand for end-use products, further fueling the cyclic ketones market. This trend is expected to persist, driven by ongoing industrial expansion and the need for high-quality compounds in diverse applications. Latin America's growing industrial sector and increasing pharmaceutical demand contribute to market expansion. Cyclic ketones find extensive use in fragrance manufacturing, enhancing the region's presence in the global market. The market's dynamic nature and diverse applications position it for sustained growth, driven by expanding industries and evolving consumer preferences in Latin America.
According to Cognitive Market Research, The Middle East and Africa accounted for more than 3.00% and a CAGR of 5.6% of the global revenue in 2023 due to expanding industrial applications, particularly in the pharmaceutical and fragrance industries. Increased demand for speciality chemicals and the region's economic growth fuel the market growth. Cyclic ketones are used extensively as building blocks in synthesis processes, propelling their demand. The region's focus on diversifying its economy and promoting manufacturing sectors further supports the market's upward trajectory, creating opportunities for key players in the cyclic ketones industry. This expansion is driven by rising demand for these compounds in various industries, including pharmaceuticals, perfumes, and flavours. Factors such as increasing industrialization, research and development activities, and the expanding end-use sectors are propelling the cyclic ketones market forward, with the Middle East and Africa playing a notable role in this dynamic market landscape.
Global Cyclic Ketone Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Cyclic Ketone Industry growth. Cyclic Ketone market has been segmented with the help of its Type, Application End-User, and others. Cyclic Ketone market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, cyclohexanone held the major market share over the forecast period. It is a vital chemical intermediate extensively used in producing nylon, pharmaceuticals, and solvents. Its versatile nature makes it a key component in various industrial processes.
Cyclopentanone will be the fastest-growing category over the forecast period. It exhibits unique chemical properties that find applications in synthesizing fragrances, pharmaceuticals, and speciality chemicals. Each type's distinct characteristics cater to diverse industrial needs, contributing to the overall growth and demand within the global cyclic ketones market.
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According to Cognitive Market Research, pharmaceuticals hold a prominent market share. Cyclic ketones serve as crucial intermediates in the synthesis of drugs, contributing to their efficacy and therapeutic properties. The pharmaceutical application benefits from the versatile reactivity of cyclic ketones, allowing for the creation of diverse drug structures.
Agrochemicals are the fastest-growing category over the forecast period. It plays a pivotal role in synthesizing agricultural chemicals, pesticides, and herbicides. Their unique chemical properties make them valuable building blocks for developing agrochemical compounds, aiding crop protection and enhancing agricultural productivity.
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According to Cognitive Market Research, the chemical industry holds a prominent market share. It is a versatile intermediate in synthesizing various speciality chemicals, contributing to producing resins, coatings, and agrochemicals. The reactivity and structural properties make them valuable components in diverse chemical processes.
The pharmaceutical category will be the fastest-growing over the forecast period. It relies on cyclic ketones as key building blocks in synthesizing pharmaceutical compounds. Cyclic ketones are also used to produce active pharmaceutical ingredients (APIs), enabling the creation of medicines for various therapeutic purposes.
Research Analyst at Cognitive Market Research
Enthusiastic and analytical market research professional with 2 years of hands-on experience in tracking market trends, evaluating consumer behavior, and supporting strategic decision-making. Proficient in designing surveys, conducting interviews, and synthesizing insights from both primary and secondary sources. Successfully contributed to research projects across sectors such as retail, personal care, and industrial markets. Brings a keen eye for detail, strong data interpretation skills, and a passion for uncovering what drives markets forward. Comfortable working in fast-paced environments and collaborating across departments to deliver clear, actionable findings.
Ashwini Moharir is a market research professional with over 2 years of hands-on experience in delivering strategic insights and data-driven analysis across the healthcare and food & beverage sectors. She specializes in gathering and interpreting market data to support business decisions, product development, and competitive positioning.
With a foundation in teaching and research & development, Ashwini brings a well-rounded perspective that enhances her approach to market analysis. Her ability to combine academic rigor with practical industry knowledge allows her to uncover deeper insights and provide actionable recommendation.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Cyclic Ketone Market is witnessing significant growth in the near future.
In 2023, the Cyclohexanone segment accounted for noticeable share of global Cyclic Ketone Market and is projected to experience significant growth in the near future.
The Pharmaceuticals segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies BASF SE , Eastman Chemical Company and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
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Type | Cyclohexanone , Cyclopentanone , Cycloheptanone , Others |
Application | Pharmaceuticals, Agrochemicals, Fragrances, Solvents, Others |
End-User | Chemical Industry, Pharmaceutical Industry, Agricultural Industry, Others |
List of Competitors | BASF SE, Evonik Industries AG, Eastman Chemical Company, Solvay S.A., Merck KGAA, Mitsui Chemicals, Inc., Lanxess AG, Arkema S.A., The Dow Chemical Company, SABIC |
This chapter will help you gain GLOBAL Market Analysis of Cyclic Ketone. Further deep in this chapter, you will be able to review Global Cyclic Ketone Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Cyclic Ketone. Further deep in this chapter, you will be able to review North America Cyclic Ketone Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Cyclic Ketone. Further deep in this chapter, you will be able to review Europe Cyclic Ketone Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Cyclic Ketone. Further deep in this chapter, you will be able to review Asia Pacific Cyclic Ketone Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Cyclic Ketone. Further deep in this chapter, you will be able to review South America Cyclic Ketone Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Cyclic Ketone. Further deep in this chapter, you will be able to review Middle East Cyclic Ketone Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Cyclic Ketone. Further deep in this chapter, you will be able to review Middle East Cyclic Ketone Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Cyclic Ketone. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
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Chapter 11 Market Split by Application Analysis 2021 - 2033
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Chapter 12 Market Split by End-User Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Cyclic Ketone market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 14 Research Methodology and Sources
Why Cyclohexanone have a significant impact on Cyclic Ketone market? |
What are the key factors affecting the Cyclohexanone and Cyclopentanone of Cyclic Ketone Market? |
What is the CAGR/Growth Rate of Pharmaceuticals during the forecast period? |
By type, which segment accounted for largest share of the global Cyclic Ketone Market? |
Which region is expected to dominate the global Cyclic Ketone Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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