Global Cumene Market is projected to grow with a brisk CAGR of XX% during 2018-2024 owing to the increasing demand for phenol in plastics and laminates industries

The report "Global Cumene Market," the global cumene market is expected to reach USD 27,278.7 by the year 2024. Cumene market growth is due to growing demand for phenol in various industries like plastics, laminates, and others. Acetone is also another product which is going to drive the market in upcoming years as raw material production.

Cumene is isopropyl benzene which is produced from benzene and propylene an organic compound based on an aromatic hydrocarbon with an aliphatic substitution. It is primarily made for acetone and phenol production which consume around 98% of all cumene globally.


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Global Cumene Market Top Players
• Cepsa
• BASF SE
• BP PLC
• Chang Chun Plastics Co., Ltd.
• China Petrochemical Development Corporation
• ExxonMobil Corp.
• Formosa Plastics Group
• Ineos Group Limited
• JX Nippon Oil and Energy Group
• Petroleos de Venezuela S.A.
• Royal Dutch Shell PLC
• Taiwan Cement Corporation

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