mmrseo (1)

1
Global Cumene Market was valued US 19 Bn in 2017
and is anticipated to reach US 29 Bn by 2026 at
a CAGR of about 6 during a forecast. Rising
demand for cumene derivative in various
industries such as plastics, composites,
laminates and other industries and its increased
utility is driving the cumene market. Increase in
diversion of consumers toward high octane
Synthesis Method ion fuels and growth in paints
coatings industry are some major factors
anticipated to augment the market growth.
Innovative activities in bisphenol-A,
polycarbonate and phenolic resins are propelling
the market growth. Increase in use of cumene in
adhesives and sealant chemicals fuels the market
growth. Increase in adoption of cumene for newer
applications act an opportunity for the global
market. Exposure to cumene causes skin
irritation, slight inco-ordination and headache
this brings restraints for global cumene market
growth. Cumene is produced by three
processes that use aluminum chloride, solid
phosphoric acid and zeolite as catalyst.
Presently zeolite catalyst process has gain
popularity owing to disadvantages of aluminium
chloride and phosphoric such as environmental
hazard, catalyst non-renewability and high
corrosion. These factors have resulted in a shift
toward using zeolite as catalysts for Synthesis
Method ion. Phenol, acetone, chromatography and
others are application segments of cumene market.
Phenol resins, caprolactam, bisphenol A, Alkyl
phenols and others are sub segments of phenol.
While solvent, methyl methacrylate, bisphenol a,
aldol chemicals and others are sub-segments of
acetone. Cumene is made primarily for synthesis
of phenol and acetone Synthesis Method ion.
Phenol acetone synthesis consumes approximately
98 of all cumene. Cumene is used as a blending
component in the motor spirit to avoid benzene
restrictions in gasoline since it has a high
octane rating. North America dominated global
cumene market, and Asia Pacific is projected to
have fastest growth, owing to rapidly increasing
population, rapid urbanization, rise in demand of
acetone and phenol derivatives, and modernizing
infrastructure in developing nations such as
China, and India in this region. Among all the
end-users, phenolic resins have the highest
market share in global cumene market, owing to
higher industrial usage. The report provides a
basic overview of the key players including Koch
Industries, Petroleos de Venezuela S.A. Mitsui
Co. LTd., CEPSA, Eni Spa, Sunoco, Aramco Services
Company, Domo Investment Group, Flint Hills
Resources LP, and Guangzhou VA-SO Plastics Co.,
Ltd., CPCC, KMG Chemicals, CNPC, Chang Chun
Plastics Co. LTD., KenolKobil, Formosa Plastics
Group, Taiwan Cement Corporation, China
Petrochemical Development Corporation, Georgia
Gulf Corporation and Ineos Group Limited. Scope
of the Global Cumene Market Global Cumene Market
by Synthesis Method Type Zeolite Solid
Phosphoric Acid Aluminum Chloride Global Cumene
Market by Application Type Phenol Acetone
chromatography Others Global Cumene Market by
Region North America Europe Asia
Pacific Middle East Africa Latin
America Key Player Analysed in the Global Cumene
Market Royal Dutch Shell Plc. Exxon Mobil
Corporation Total S.A. BP Plc. Sumitomo
Chemical Co. Axiall Corporation SABIC BASF
SE The Dow Chemical Company JX Nippon Oil.
CPCC KMG Chemicals CNPC Chang Chun Plastics
Co. LTD. KenolKobil Formosa Plastics Group
Taiwan Cement Corporation China Petrochemical
Development Corporation Georgia Gulf
Corporation Ineos Group Limited Koch
Industries Petroleos de Venezuela S.A. Mitsui
Co. LTd. CEPSA Eni Spa Sunoco Aramco
Services Company Domo Investment Group Flint
Hills Resources LP Guangzhou VA-SO Plastics
Co., Ltd. This Report Is Submitted By _at_Maximize
Market Research Company Customization of the
report Maximize Market Research provides free
personalized of reports as per your demand. This
report can be personalized to meet your
requirements. Get in touch with us and our sales
team will guarantee provide you to get a report
that suits your necessities.   About Maximize
Market Research Maximize Market Research
provides B2B and B2C research on 20,000 high
growth emerging opportunities technologies as
well as threats to the companies across the
Healthcare, Pharmaceuticals, Electronics
Communications, Internet of Things, Food and
Beverages, Aerospace and Defense and other
manufacturing sectors.   Contact Us Name
Lumawant Godage Organization MAXIMIZE MARKET
RESEARCH Email sales_at_maximizemarketresearch.com C
ontact  91 9607365656