Cyclohexylamine Market Dynamics Report (Recent Commodity Market Intelligence)

I. Price Dynamics

1. Latest Quotations:
- As of May 26, 2026, the Business Network’s benchmark price for cyclohexylamine stood at RMB 12,025.00 per metric ton, representing a 4.26% increase from the beginning-of-month price of RMB 11,533.33 per metric ton.
- Shandong Yushuo Chemical Co., Ltd. quoted RMB 13,500 per metric ton (purity: 99.9%, delivery location: Jinan City, Shandong Province).
- Shandong Jinshengrun Chemical Co., Ltd. quoted RMB 12,500 per metric ton (purity: 99.5%, delivery location: Jinan City, Shandong Province).

2. Recent Price Trend:
- In April 2026, cyclohexylamine prices exhibited an overall upward trend, rising from RMB 11,266.67 per metric ton at the beginning of the month to RMB 11,366.67 per metric ton at month-end—a growth of 0.89%.
- Prices continued their upward trajectory in May, reaching RMB 12,025.00 per metric ton on May 26, marking a one-year high.

II. Market Supply and Demand

1. Supply Situation:
- China’s cyclohexylamine industry capacity totals approximately 280,000 metric tons per year, with actual output around 220,000 metric tons, yielding a capacity utilization rate of 78.6%.
- Major producers include Shandong Yushuo Chemical Co., Ltd., Shandong Jinshengrun Chemical Co., Ltd., BASF, Evonik Industries, and Sinopec—capacity is relatively concentrated among these key players.

2. Demand Situation:
- Cyclohexylamine is widely used in rubber auxiliaries, pesticides, pharmaceuticals, dyes, and water treatment agents.
- The rubber industry constitutes the largest end-use segment; demand continues to rise steadily, driven by rapid development in the automotive and tire sectors.
- Demand from pesticide and pharmaceutical applications is also growing steadily—particularly in fungicides, insecticides, and drug synthesis.

III. Market Dynamics Analysis

1. Reasons for Price Increase:
- Rising raw material costs: Fluctuations in the prices of primary feedstocks—such as aniline or cyclohexanol—have increased production costs.
- Growing downstream demand: Robust expansion across rubber, pesticide, and pharmaceutical industries has significantly boosted cyclohexylamine consumption.
- Higher capacity utilization: Increased industry-wide capacity utilization has intensified supply tightness, further exerting upward pressure on prices.

2. Competitive Landscape:
- Diversified competition: China’s cyclohexylamine industry features diversified competition, with large state-owned enterprises maintaining dominant market positions alongside numerous private enterprises actively pursuing innovation and market share gains.
- Advantages of leading enterprises: Industry leaders—including BASF, Evonik Industries, and Sinopec—leverage technological expertise, economies of scale, and strong brand recognition to secure substantial market shares.
- Differentiated competition among SMEs: Some small- and medium-sized enterprises enhance competitiveness through specialized R&D and production of premium-grade cyclohexylamine products, or by optimizing manufacturing processes and reducing costs.

IV. Outlook and Forecast

1. Price Trend Forecast:
- In the short term, cyclohexylamine prices are expected to remain elevated, supported by sustained raw material cost pressures, robust downstream demand, and high capacity utilization.
- In the long term, gradual capacity expansion and steady downstream demand growth are likely to contribute to price stabilization.

2. Supply-Demand Forecast:
- Supply side: China’s cyclohexylamine production capacity is projected to expand over the coming years to meet growing downstream demand.
- Demand side: Continued rapid growth in the rubber, pesticide, and pharmaceutical sectors—especially within emerging areas such as new-energy vehicles, high-end agrochemicals, and advanced pharmaceuticals—will sustain cyclohexylamine demand growth.

3. Industry Development Trends:
- Green, fine, and high-value orientation: Driven by China’s “dual carbon” (carbon peak & carbon neutrality) goals and downstream industrial upgrading, the industry is accelerating its transition toward greener production, finer processing, and higher value-added product portfolios.
- Technological innovation and industrial chain synergy: Enterprises must strengthen core competitiveness through technological upgrades, integrated industrial chain collaboration, and international market expansion—to effectively address intensifying market competition and increasingly stringent regulatory requirements.