Cumene Hydroperoxide Market to Rear Excessive Growth During 2017 - 2025

Cumene Hydroperoxide Market: Market Dynamics

The demand for phenol is increasing across the globe due to an increase in the use of products which are manufactured from the derivates of phenol, such as Bisphenol-A. It is slated that an increase in the consumption of phenol, which are mainly produced by the decomposition of Cumene Hydroperoxide, in turn, will gear up the consumption of Cumene Hydroperoxide during the forecasted period.

Due to an increase in demand for alternative energy sources, an increase in demand for epoxy resins (produced from derivatives of Bisphenol-A, which in turn, is produced by the decomposition of Cumene Hydroperoxide products, i.e phenol and acetone) from power generators and wind turbines (where epoxy resins are used widely in rotor blade composites) is anticipated. This, in turn, will affect the Cumene Hydroperoxide market positively.

It is expected that with an increase in demand for adhesives, sealant chemicals and coatings for various applications, the consumption of Cumene Hydroperoxide will also increase, thereby leading to the growth of the Cumene Hydroperoxide market.

However, the toxic and explosive nature of Cumene Hydroperoxide might hamper its usage in various applications, thereby hindering the growth of the Cumene Hydroperoxide market.

Cumene Hydroperoxide Market: Regional Outlook

It is anticipated that in North America, especially in the United States, most of the Phenol produced comes from Cumene Hydroperoxide. This will fuel the Cumene Hydroperoxide market in the region over the forecast period.

Asia Pacific Region is anticipated to grow at an exponential rate as China has emerged as the largest producer and consumer of phenol, thereby driving the Cumene Hydroperoxide market during the forecast period.

Developing countries such as India and China are anticipated to witness significant growth in the Cumene Hydroperoxide market as the demand for plastic-based products is increasing, which in turn, is leading to accelerated consumption of Cumene Hydroperoxide as it is used an oxidizing agent in the plastic industry. Also, phenol is used to make plastics, thereby fueling the growth of Cumene Hydroperoxide market in the region.

In Europe, the Cumene Hydroperoxide Market will grow at a stable rate due to environmental regulations and strict government policies.

Request for more detailed information (TOC And Sample): http://www.persistencemarketresearch.com/samples/16519

Cumene Hydroperoxide Market: Market Participants

Some of the market participants identified across the value chain of the Cumene Hydroperoxide market incude: Monomer-Polymer & Dajac Labs, Alfa Aesar, Thermo Fisher Scientific, Merck KGaA, Tokyo Chemical Industry Co., Ltd., Weifang Richem International Ltd,, Finetech Industry Limited, Suzhou Yacoo Chemical Reagent Corporation.

About Us

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com

This release was published on openPR.