Cumene Market Trends, Size, Share, Attractive Segments, Growth Insight, Competitive Analysis, Key Leading Players, Regional Demand And Global Industry Forecast To 2023

Cumene Market Trends, Size, Share, Attractive Segments, Growth Insight, Competitive Analysis, Key Leading Players, Regional Demand And Global Industry Forecast To 2023

“The global cumene market is majorly driven by its use as a chemical intermediate to produce phenol and acetone”
Cumene Market Analysis by Product- Phenol And Acetone, Production Technology- Zeolite-Based Catalyst, Solid Phosphoric Acid, Aluminum Chloride, Application- Chemical Intermediate And Solvent And Region, and Global Cumene Market is Projected to grow at an Exponential CAGR due to Growing application as a Chemical Intermediate

Market Research Future Published a Research Study on Cumene MarketResearch Report, Size, Share and Industry Analysis- Forecast to 2023

Competitive Analysis

Some of the prominent manufacturers in the global cumene market are-

  • The Dow Chemical Company (U.S.)
  • Westlake Chemical Corporation (U.S.)
  • Taiwan Cement Corp. (Taiwan)
  • Braskem (Brazil)
  • Royal Dutch Shell Plc.(Netherlands)
  • Exxon Mobil Corporation (U.S.)
  • BASF SE (Germany)
  • Sumitomo Chemical Co. Ltd (Japan)
  • China Petrochemical Corporation (China)
  • SABIC (Saudi Arabia)

The global cumene market is majorly driven by its use as a chemical intermediate to produce phenol and acetone. The phenol and its derivatives produced from cumene are used in various applications such as electrical & electronics, automotive, paints & coatings, cosmetics, and others. The acetone is used as a solvent for plastics & synthetic fibers, a volatile component in various paints & varnishes, the excipient in pharmaceuticals, nail polish remover, and others.  The various technology to manufacture cumene includes zeolite catalyst based, solid phosphoric acid, and aluminum chloride. Among these, the cumene production with the zeolite as a catalyst is the leading segment due to its regenerative nature which can be used for several cycles. Further, the use of zeolite reduces the disposable water problems associated with solid phosphoric acid, and aluminum chloride. Also, these processes have disadvantages such as environmental hazard, high corrosion, and catalyst regeneration. Moreover, the use of cumene as a component of high fuel octane is further driving the market growth due to its application in automotive and transportation sector.

Get a FREE Sample Report Now@ https://www.marketresearchfuture.com/sample_request/5745

Cumene is a volatile, flammable, high boiling, and an organic compound with gasoline-like odor. It naturally occurs in coal tar and crude oil and is a blending component in gasoline. Commercially, Friedel-Crafts alkylation is used for the manufacturing of cumene.

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

3 Market Research printing methodology

4 Market Landscape

5 Industry Overview of Global Cumene market

6 Market Trends

7 Global Cumene market by Product

8 Global Cumene market by Production Technology

TO BE CONTINUE…………………….,

Market Segmentation

The global cumene market is segmented on the basis of the product, production technology, application, and region.

Based on the product, the global cumene market is segregated into phenol and acetone.

The production technology of cumene is segmented into zeolite catalyst based, solid phosphoric acid, and aluminum chloride.

On the basis of the application segment, the global cumene market is segmented into chemical intermediate and solvent.

Browse Key Industry insights spread across 100 pages with 47 market data tables & 13 figures & charts from the Report, “Cumene Market by Product (Phenol And Acetone), Production Technology (Zeolite-Based Catalyst, Solid Phosphoric Acid, Aluminum Chloride), Application (Chemical Intermediate And Solvent) And Region Forecast Till 2023” in detail along with the table of contents@ https://www.marketresearchfuture.com/reports/cumene-market-5745

Regional Analysis

The global cumene market is spanned across five regions Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.

The Asia Pacific is expected to lead the global cumene market due to the high demand for phenolic based products used for various applications such as electronics, paints & coatings, automotive, and others in countries such as China, India, and Japan.

The U.S. is the major contributor to the North American market due to the high use of cumene based products in electronics such as laptops, smartphones, and others.

Europe is likely to witness a substantial market growth due to the increasing demand for cumene from plastics and composites industries.

Latin American and the Middle East & Africa are other significant regions in the cumene market primarily driven by the growing automotive sector and consumer electronics respectively.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Media Contact
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
City: Pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com/reports/cumene-market-5745