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Cumene Market - Industry Analysis, Market Size, Share, Trends,Application Analysis, Growth and Forecast 2021 - 2027

  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. 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 market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, And Growth Forecast To 2027

  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.   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 manufact

cumene market 2021 Industry Product Outlook, Application, Size, Demand, Development Strategy, Regional Growth, 2027

  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 re