Press release
Cumene Market Uses, Benefits and Facts 2018 | Top Players - Royal Dutch Shell Plc., Exxon Mobil Corporation, BASF SE, Sumitomo Chemical Co. Ltd, The Dow Chemical Company, Westlake Chemical Corporation, China Petrochemical Corporation and SABIC
Cumene Market
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.
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.
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).
Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/5745
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.
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.
Get Complete Report @ https://www.marketresearchfuture.com/reports/cumene-market-5745
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 Components, Application, Logistics 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.
Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Cumene Market Uses, Benefits and Facts 2018 | Top Players - Royal Dutch Shell Plc., Exxon Mobil Corporation, BASF SE, Sumitomo Chemical Co. Ltd, The Dow Chemical Company, Westlake Chemical Corporation, China Petrochemical Corporation and SABIC here
News-ID: 1114007 • Views: …
More Releases from Market Research Future
Ophthalmic Topical Therapeutics Market | Global Market Analysis Report - 2035
Ophthalmic Topical Therapeutics: Advancing Eye Care Through Targeted Treatment
Ophthalmic topical therapeutics have become a cornerstone in modern eye care, offering precise, localized treatment for a wide range of ocular conditions. Unlike systemic medications, which circulate throughout the body and may produce unintended side effects, topical therapies deliver active compounds directly to the eye, ensuring higher efficacy and a faster onset of action. This localized approach not only improves treatment outcomes…
Mental Health Apps Market Share, Size, Growth and Forecast to 2035
Mental Health Apps: Transforming the Way We Care for Our Minds
In recent years, mental health has gained increasing recognition as an essential component of overall well-being. Despite growing awareness, many individuals still face barriers to accessing mental health support, including stigma, cost, and geographic limitations. Mental health apps have emerged as a transformative solution, leveraging technology to provide accessible, personalized, and convenient mental health care for millions worldwide.
The Rise of…
Surgical Gloves Market Size, Share, Growth | CAGR of 4.95%
Surgical Gloves: A Critical Component of Modern Healthcare
Surgical gloves have become an indispensable element in modern healthcare, serving as a first line of defense against contamination, infection, and disease transmission. These gloves are not just protective gear-they are a symbol of safety, hygiene, and precision in medical practice. Their significance spans from routine hospital procedures to complex surgical interventions, highlighting their essential role in patient care and medical safety protocols.
The…
Asia Pacific CRO Market Size, Share & Growth Report by 2035
Asia Pacific CRO Market: Driving Innovation and Transformation in the Clinical Research Landscape
The Asia Pacific Contract Research Organization (CRO) market has been witnessing significant growth over the past decade, emerging as a pivotal hub for clinical research and drug development. With a growing population, increasing prevalence of chronic diseases, and rising investments in healthcare infrastructure, the region has become an attractive destination for pharmaceutical and biotechnology companies seeking cost-effective and…
More Releases for Cumene
How to Setup a Cumene Manufacturing Plant
Setting up a cumene manufacturing facility necessitates a detailed market analysis alongside granular insights into various operational aspects, including unit processes, raw material procurement, utility provisions, infrastructure setup, machinery and technology specifications, workforce planning, logistics, and financial considerations.
IMARC Group's report titled "Cumene Manufacturing Plant Project Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a cumene manufacturing plant, covering…
Cumene Market: An In-Depth Overview
Introduction
The cumene market plays a pivotal role in the global chemical industry. Cumene, also known as isopropylbenzene, is an aromatic hydrocarbon primarily used as an intermediate in the production of various chemicals. It is a crucial raw material for the production of phenol and acetone, both of which are extensively used in manufacturing plastics, adhesives, paints, and pharmaceuticals. The demand for cumene has been on the rise due to the…
Cumene Prices, Demand, News, Chart and Forecast
𝐂𝐮𝐦𝐞𝐧𝐞 𝐏𝐫𝐢𝐜𝐞𝐬 𝐈𝐧 𝐔𝐒𝐀
• 𝐔𝐧𝐢𝐭𝐞𝐝 𝐒𝐭𝐚𝐭𝐞𝐬: 1453 USD/MT
The cumene prices in the United States for Q4 2023 reached 1453 USD/MT in December.
The latest report by IMARC Group, titled "𝐂𝐮𝐦𝐞𝐧𝐞 𝐏𝐫𝐢𝐜𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭 𝟐𝟎𝟐𝟒: 𝐏𝐫𝐢𝐜𝐞 𝐓𝐫𝐞𝐧𝐝, 𝐂𝐡𝐚𝐫𝐭, 𝐌𝐚𝐫𝐤𝐞𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬, 𝐍𝐞𝐰𝐬, 𝐃𝐞𝐦𝐚𝐧𝐝, 𝐇𝐢𝐬𝐭𝐨𝐫𝐢𝐜𝐚𝐥 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐃𝐚𝐭𝐚," provides a thorough examination of the 𝐂𝐮𝐦𝐞𝐧𝐞 𝐏𝐫𝐢𝐜𝐞𝐬. This report delves into the price of Cumene globally, presenting a detailed analysis, along with informative Price Chart. Through comprehensive Price analysis,…
Cumene Market Size, Share | Growth - 2030
Exclusive Report by Ameco Research: Cumene Market Size Projected to Reach USD 41 Billion by 2030, Growing at 7% CAGR
[City, State] - [Date] - Ameco Research is proud to announce the launch of its latest market research report, Cumene Market. This comprehensive report provides in-depth analysis and insights into the current market trends and future projections in the Industry/Market Segment. Ameco Research has been at the forefront of providing…
Cumene Market to see Huge Growth by 2028
Cumene Market, Cumene Industry, Cumene Market Size, Cumene Market Forecast, Cumene Market Trends
Cumene Market research report is one of the effective ways to target customers and satisfy their growing needs as it gathers all the significant market data. It allows tracking future business growth for the forthcoming duration 2022-2028. It further helps to categorize objectives for the business while targeting consumers. It is the major objective of any key organization…
Cumene Market Latest Research and Developments 2014 - 2030
Analysis of the Cumene Market
A new comprehensive market study on CUMENE MARKET provides a detailed overview of the demand and consumption patterns of Cumene Market. This market study describes the global market of Cumene Market, with focus on major countries and their subsequent demand across different market segments, technologies, and end-use industries of Cumene Market. In-depth market analysis on Cumene Market in terms of volume and value for each segment…
