Cumene Market Key Players, Size, Applications and Forecast Period 2019-2023

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Cumene 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.

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Top Competitors:

  • 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),
  • SABIC (Saudi Arabia)

Market Scenario:

The global cumene market is majorly driven by its application as a chemical intermediate to produce phenol and acetone. The phenol and its derivatives produced from cumene accounted to have the major share due to wide applications in various end-use industries such as electrical & electronics, automotive, paints & coatings, cosmetics, and others. The cumene is further used as a solvent for paints, lacquers, and enamels which find their uses in automotive and furniture. The various technology to manufacture cumene include into zeolite catalyst based, solid phosphoric acid, and aluminum chloride. Among these, the cumene production with the zeolite as a catalyst is the leading segment under the production technology category due to its regenerative nature which can be used for several cycles. Additionally, the use of zeolite reduces the water disposable problems associated with solid phosphoric acid, and aluminum chloride. 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.


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 Printing Methodology

3.1 Research Production Technology

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Regional Update:

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.

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