In 2020, BASF SE announced that it had completed the acquisition of the polyamide business from Solvay SA for EUR 1.3 billion. This acquisition was aimed at expanding BASF's product range in the engineering plastics market.
Merck KGaA announced in 2019 that it had completed the acquisition of Versum Materials, Inc. for USD 6.5 billion. The acquisition was designed to expand the offering of Merck's products in the field of electronic and display technologies.
Author Credits: Smruti Ranjan, Rajrani Baghel
Report ID: 5399
Published Date: Nov 27, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
The growing demand in end user sector and integration of sustainability energy goals are some of the major factors anticipated to drive the growth of the cyclic ketones market.
The market is anticipated to attain a CAGR of ~6% over the forecast period, i.e., 2024-2036.
The major players in the market are of Zeon Chemicals, Zhejiang NHU Co., Ltd, Xinyi Dongsheng Chemical Co., Ltd , Shandong Guorun Chemical Co., Ltd, and others.
The pharmaceuticals segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.
The market in North America is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.