Cumene Market Opportunity, Recent Trends, Major Driving Factors And Business Growth Strategies 2025

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The global cumene market is expected to grow from $15.97 billion in 2020 to $18.34 billion in 2021 at a compound annual growth rate (CAGR) of 14.8%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $17.63 billion in 2025 at a CAGR of -1%.

The Business Research Company offers "Cumene Global Market Report 2021" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.

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The cumene market consists of sales of cumene and related services. It is used as a raw material in the synthesis of other organic compounds, such as phenol, acetone, acetophenone, and methyl styrene. It is also used as a thinner for paints and lacquers.

Some of the key players involved in the cumene market are Aramco Services Company, Flint Hills Resources LP, Guangzhou VA-SO Plastics Co., Ltd., Axiall Corporation, Sigma-Aldrich, Total S.A., Borealis AG, JXTG Nippon Oil and Energy Corporation, Shell Corp. LLC.

The countries covered in the global cumene market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.

The regions covered in the global cumene market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Cumene Market Segmentation:
1) By End-User Industry: Paints Industry, Automotive Industry, Chemical Industry, Plastics Industry and Others
2) By Application: Phenol, Acetone, Chromatography, Others
3) By Manufacturing Process: Aluminum Chloride Catalyst, Solid Phosphoric Acid (SPA) Catalyst, and Zeolite Catalyst

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A Few Points From The Table Of Content
1. Executive Summary
2.Report Structure
3.Cumene Market Characteristics
4.Cumene Market Product Analysis
5.Cumene Market Supply Chain
……
27. Cumene Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Cumene Market
29. Cumene Market Future Outlook and Potential Analysis
30. Appendix

The report covers the trends and market dynamics of the cumene market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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