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Global Cumene Market Trends, Growth Factors, Key Drivers, In-Depth Analysis And Leading Players - Royal Dutch Shell PLC., Exxon Mobil Corporation, BP PLC
Cumene Market
As per the cumene market report by The Business Research Company, the rising demand for phenols and acetones in various industries contributes to the growth of the cumene market. Cumene is used as a feedstock in the production of phenol and acetone. Acetone is used as a solvent in the pharmaceutical and cosmetic industries, whereas phenols are used for the production of paints and coatings. Thus, strong demand for phenols and acetones has resulted in a rise in the demand for cumene.
The global cumene market size will grow from $26.24 billion in 2022 to $27.22 billion in 2023 at a compound annual growth rate (CAGR) of 3.7%. The global cumene market size is expected to grow from $31.35 billion in 2027 at a CAGR of 3.6%.
Read More On The Cumene Market Report Here:
https://www.thebusinessresearchcompany.com/report/cumene-global-market-report
Major competitors in the cumene market include Royal Dutch Shell PLC., Exxon Mobil Corporation, BP PLC., Sumitomo Chemical Co. Ltd., BASF SE, The Dow Chemical Company.
The cumene market is segmented -
• By Manufacturing Process: Aluminum Chloride Catalyst, Solid Phosphoric Acid (SPA) Catalyst, and Zeolite Catalyst
• By Application: Phenol, Acetone, Chromatography, Other Applications
• By End User Industry: Paints Industry, Automotive Industry, Chemical Industry, Plastics Industry, Other End-User Industries
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the cumene market.
Request A Free Sample Of The Cumene Market Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=2729&type=smp
The cumene market consists of the sales of cumene used in the production of iron, steel, rubber, pulp, and paper. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The Table Of Content For The Cumene Market Include:
1. Executive Summary
2. Cumene Market Characteristics
3. Cumene Market Trends And Strategies
4. Cumene Market - Macro Economic Scenario
5. Cumene Market Size And Growth
6. Cumene Market Segmentation
…………
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 "Global Cumene Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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