Scope of the Report:
This market study describes the global Cumene market, with focus on major countries and their subsequent demand for different applications. The study covers demand analysis for regions like North America, Western Europe, Central & Eastern Europe, Central & South America, Asia-Pacific and Middle East & Africa and major countries like the U.S., Canada, Mexico, Germany, France, Italy, U.K., Spain, Russia, Turkey, China, Japan, India, South Korea, Egypt, Iran, Brazil, South Africa and Saudi Arabia. The market is segmented mainly according to the applications as end use for phenol, acetone, chemical intermediates, catalysts and others. Cumene Market data in term of volume and value for each application at regional and country level will be provided.
Cumenes Market analysis for demand at regional and country level
Business opportunity assessment
Macro-economic factors like GDP, population and world economic integration
Strategic issues and recommendations
Key Questions Answered
The report provides answers to the following key questions:
How big is the Cumene market?
How is the market evolving by demand, segment and region?
What will the market size be in 2025 and at what rate will it grow?
What trends, challenges and barriers are influencing its growth?
Historical and future price trends for Cumene.
Royal Dutch Shell Plc.
Sumitomo Chemical Co.
Cumene is one of the largest growing intermediate used for chemical synthesis. Major umene applications are phenol and acetone. Cumene can also be used as a blending component in polycarbonate production. As most of the cumene is consumed for production of phenol and acetone, its market is totally depended on phenol and acetone demand. The growing demand for phenol in various industries such as plastics, composites, laminates and others led to the growth for cumene in previous years. Northeast Asia, primarily China, consumes highest share of cumene followed by Western Europe and North America. Consumption rate for China is expected to grow substantially in upcoming years. The global demand for Cumene is expected to grow at a CAGR of 3-3.5% during 2018-2025.