openPR Logo
Press release

Cumene Market Valued at USD 24 Billion in 2023, Projected to Reach USD 35.91 Billion by 2030 with a 5.5% CAGR

09-24-2024 02:01 PM CET | Chemicals & Materials

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Cumene Market

Cumene Market

๐‚๐ฎ๐ฆ๐ž๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

The Cumene Market size was valued at USD 24 billion in 2023 and the total Global Digital Transformation revenue is expected to grow at a CAGR of 5.5 % from 2024 to 2030, reaching nearly USD 35.91 billion.

๐‚๐ฎ๐ฆ๐ž๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐œ๐จ๐ฉ๐ž ๐š๐ง๐ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐Œ๐ž๐ญ๐ก๐จ๐๐จ๐ฅ๐จ๐ ๐ฒ

The report analyzes market segments and projects the size of the Cumene Market, providing insights into its dynamics and structure. Collecting knowledge about the Cumene Market typically involves using a mix of primary and secondary research techniques. Cumene is a compound with a benzene ring and a propyl group attached, consisting of six carbon atoms with alternating single and double bonds. In more basic terms, it is a structure of carbon and hydrogen atoms at a molecular level. Cumene is used in the production of other substances like phenol and acetone by a method known as cumene hydroperoxide cleavage. It is additionally utilized as a solvent for diluting paints, lacquers, and enamels. The report examines every aspect of the application and focuses on key players such as market leaders, followers, and new entrants. Both external and internal factors that could impact the business in a positive or negative way have been examined, offering decision-makers a clear picture of the future of the application.

๐๐ž๐ž๐ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง? ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž + ๐†๐ซ๐š๐ฉ๐ก๐ฌ ๐‡๐ž๐ซ๐ž:https://www.maximizemarketresearch.com/request-sample/13867/

๐‚๐ฎ๐ฆ๐ž๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ

By the end of the projected period, China is expected to lead the cumene market due to a significant need for gasoline, jet fuels, and diesel in the nation. China is one of the biggest markets for local air travelers, with a growing commercial airplane sector. In the last six years, there has been consistent growth in this industry. An analysis is carried out regionally to evaluate the condition of the Cumene Market in North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report examines various factors like market size, growth rate, and import-export activities in different regions in a thorough manner. The Cumene Market is divided into various regions, providing a comprehensive insight into the market landscape and dynamics in different geographical areas.

๐‚๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐ž๐ž๐ค ๐ข๐ง๐ฌ๐ข๐๐ž? ๐†๐ซ๐š๐› ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ:https://www.maximizemarketresearch.com/request-sample/13867/ ๏ปฟ

๐‚๐ฎ๐ฆ๐ž๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง

๐๐ฒ ๐‚๐š๐ญ๐š๐ฅ๐ฒ๐ฌ๐ญ ๐“๐ฒ๐ฉ๐ž๐ฌ

Aluminium Chloride Catalyst
Solid Phosphoric Acid (SPA)
Catalyst
Zeolite Catalyst
Other Catalyst Types

๐๐ฒ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง

Phenol
Acetone
Aviation Fuel
Chromatography
Others

๐˜๐จ๐ฎ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐ˆ๐ฌ ๐‰๐ฎ๐ฌ๐ญ ๐š ๐‚๐ฅ๐ข๐œ๐ค ๐€๐ฐ๐š :https://www.maximizemarketresearch.com/request-sample/13867/

๐‚๐ฎ๐ฆ๐ž๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ

Braskem
Cepsa
Chang Chun Group
CITGO
Domo Chemicals
Dow
INEOS
Koch Industries Inc.
Kumho P&B Chemicals Inc.
Prasol Chemicals Pvt. Ltd
Royal Dutch Shell PLC
SABIC
Versalis SpA
China Petrochemical Development Corporation
Georgia Gulf Corporation

๐Š๐ง๐จ๐ฐ ๐Œ๐จ๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐“๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:https://www.maximizemarketresearch.com/market-report/cumene-market/13867/ ๏ปฟ

๐Š๐ž๐ฒ ๐ช๐ฎ๐ž๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐š๐ง๐ฌ๐ฐ๐ž๐ซ๐ž๐ ๐ข๐ง ๐ญ๐ก๐ž ๐‚๐ฎ๐ฆ๐ž๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐š๐ซ๐ž:

What is Cumene Market?
What was the Cumene Market size in 2023?
What is the growth rate of the Cumene Market?
Which are the factors expected to drive the Cumene Market growth?
What are the different segments of the Cumene Market?
What growth strategies are the players considering to increase their presence in Cumene Market?
What are the upcoming industry applications and trends for the Cumene Market?
What segments are covered in the Cumene Market?
Who are the leading companies and what are their portfolios in Cumene Market?
What segments are covered in the Cumene Market?
Who are the key players in the Cumene Market?

๐Š๐ž๐ฒ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ ๐ฌ:

Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Market Size, Share, Size & Forecast by Different Segment | 2024-2030A
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations

๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐ข๐ฌ ๐ฅ๐ž๐š๐๐ข๐ง๐  ๐Œ๐š๐ญ๐ž๐ซ๐ข๐š๐ฅ ๐š๐ง๐ ๐œ๐ก๐ž๐ฆ๐ข๐œ๐š๐ฅ ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐Ÿ๐ข๐ซ๐ฆ ๐ญ๐ก๐š๐ญ ๐š๐ฅ๐ฌ๐จ ๐ฉ๐ฎ๐›๐ฅ๐ข๐ฌ๐ก๐ž๐ ๐ญ๐ก๐ž ๐Ÿ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐  ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ

โ™ฆ Automated Bending Machine Market https://www.maximizemarketresearch.com/market-report/automated-bending-machine-market/148117/

โ™ฆ Automatic Identification And Data Capture Market https://www.maximizemarketresearch.com/market-report/automatic-identification-and-data-capture-market/14237/

โ™ฆ Automotive Acoustic Materials Market https://www.maximizemarketresearch.com/market-report/automotive-acoustic-materials-market/2584/

โ™ฆ Automotive Adaptive Front Lighting Market https://www.maximizemarketresearch.com/market-report/automotive-adaptive-front-lighting-market/12609/

โ™ฆ Automotive Advanced Driver Assistance Systems Adas Market https://www.maximizemarketresearch.com/market-report/automotive-advanced-driver-assistance-systems-adas-market/11382/

โ™ฆ Automotive Camshaft Market https://www.maximizemarketresearch.com/market-report/automotive-camshaft-market/13597/

โ™ฆ Automotive Dc Dc Converter Market https://www.maximizemarketresearch.com/market-report/automotive-dc-dc-converter-market/169933/

โ™ฆ Automotive Electronics Control Unit Market https://www.maximizemarketresearch.com/market-report/automotive-electronics-control-unit-market/13178/

โ™ฆ Automotive Engine Management System Market https://www.maximizemarketresearch.com/market-report/automotive-engine-management-system-market/42972/

โ™ฆ Automotive Fire Suppression System Market https://www.maximizemarketresearch.com/market-report/automotive-fire-suppression-system-market/77384/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656

๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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 Valued at USD 24 Billion in 2023, Projected to Reach USD 35.91 Billion by 2030 with a 5.5% CAGR here

News-ID: 3665947 • Views: โ€ฆ

More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.

Infrared LED Market Set for Rapid Growth, Reaching USD 1.64 Billion by 2032
Infrared LED Market Set for Rapid Growth, Reaching USD 1.64 Billion by 2032
Infrared LED Market size was valued at USD 749.33 Mn 2024 and is expected to reach USD 1,640.45 Mn by 2032, at a CAGR of 10.29% Infrared LED Market Overview: The infrared (IR) LED market has witnessed remarkable growth due to its critical applications across diverse industries such as consumer electronics, automotive, healthcare, and security. Infrared LEDs emit light in the infrared spectrum, enabling functionalities like remote sensing, night vision, gesture recognition,โ€ฆ
Millet Based Packaged Food Market to Surge from USD 47.95 Million to USD 104.30 Million by 2032 at 10.2 % CAGR - Millet Food Forecast Signals Robust Demand
Millet Based Packaged Food Market to Surge from USD 47.95 Million to USD 104.30 โ€ฆ
According to a new report by Maximize Market Research, the global Millet Based Packaged Food Market was valued at USD 47.95 million in 2024 and is projected to reach approximately USD 104.30 million by 2032, growing at a compound annual growth rate (CAGR) of 10.2 % during 2025-2032. The growth is attributed to increased consumer preference for nutritious, gluten-free and convenient foods, particularly in Asia-Pacific and North American regions. โ–บ Getโ€ฆ
Millet Based Packaged Food Market to Surge from USD 47.95 Million to USD 104.30 Million by 2032 at 10.2 % CAGR - Millet Food Forecast Signals Robust Demand
Millet Based Packaged Food Market to Surge from USD 47.95 Million to USD 104.30 โ€ฆ
According to a new report by Maximize Market Research, the global Millet Based Packaged Food Market was valued at USD 47.95 million in 2024 and is projected to reach approximately USD 104.30 million by 2032, growing at a compound annual growth rate (CAGR) of 10.2 % during 2025-2032. The growth is attributed to increased consumer preference for nutritious, gluten-free and convenient foods, particularly in Asia-Pacific and North American regions. โ–บ Getโ€ฆ
Agricultural Robots Market to Soar from USD 15.67 B in 2024 to ~USD 88.15 B by 2032 at 24.1% CAGR - Driven by Precision Farming Demand
Agricultural Robots Market to Soar from USD 15.67 B in 2024 to ~USD 88.15 B by 2 โ€ฆ
According to a new report by Maximize Market Research, the global agricultural robots market was valued at USD 15.67 billion in 2024 and is projected to reach approximately USD 88.15 billion by 2032, growing at a compound annual growth rate (CAGR) of 24.1 %. The expansion reflects accelerating adoption across North America, Europe, and Asia amid rising demand for automation in farming operations. โ–บ Get a sample of the report:https://www.maximizemarketresearch.com/request-sample/34593/ โ™ฆ Keyโ€ฆ

All 5 Releases


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, coveringโ€ฆ
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 theโ€ฆ
Cumene Prices, Demand, News, Chart and Forecast
๐‚๐ฎ๐ฆ๐ž๐ง๐žย ๐๐ซ๐ข๐œ๐ž๐ฌ ๐ˆ๐ง ๐”๐’๐€ โ€ขย  ๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ: 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 "๐‚๐ฎ๐ฆ๐ž๐ง๐ž ๐๐ซ๐ข๐œ๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’: ๐๐ซ๐ข๐œ๐ž ๐“๐ซ๐ž๐ง๐, ๐‚๐ก๐š๐ซ๐ญ, ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ, ๐๐ž๐ฐ๐ฌ, ๐ƒ๐ž๐ฆ๐š๐ง๐, ๐‡๐ข๐ฌ๐ญ๐จ๐ซ๐ข๐œ๐š๐ฅ ๐š๐ง๐ ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐ƒ๐š๐ญ๐š," provides a thorough examination of the ๐‚๐ฎ๐ฆ๐ž๐ง๐ž ๐๐ซ๐ข๐œ๐ž๐ฌ. This report delves into the price of Cumene globally, presenting a detailed analysis, along with informativeย Price Chart. Through comprehensiveย Price analysis,โ€ฆ
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 providingโ€ฆ
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 organizationโ€ฆ
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 segmentโ€ฆ