Chemical Intermediate Market Outlook and Growth Opportunities, Review of Report, Growth, Usability, Forecast 2022 - 2030
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.
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.
TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Forecast Model
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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.
Competitive Analysis
Some of the prominent manufacturers in the global cumene market are Royal Dutch Shell Plc. (Netherlands), Exxon Mobil Corporation (U.S.), BASF SE (Germany), Sumitomo Chemical Co. Ltd (Japan), The Dow Chemical Company (U.S.), Westlake Chemical Corporation (U.S.), Taiwan Cement Corp. (Taiwan), Braskem (Brazil), China Petrochemical Corporation (China), and SABIC (Saudi Arabia).
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