Press release
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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• Competitive landscape & market analysis is included in the report to understand the key companies’ position and Porter's Analysis & PESTLE analysis to perform to analyze the impact of drivers, restraints, challenges and constraints on the market during the next five years.
• Team of analysts have analyzed and listed out the key drivers, constraints, challenges and emerging opportunities in all the industry verticals which will specify the emerging scope for the market in end user industries.
• Industry value chain analysis is provided in the report to identify the key stakeholders and prominent players at each stage of the company along with the value addition at each stage of the value chain.
• Complete analysis including global and regional trends, technological developments, and new product innovations are included in the report specific to each and every segment of the market.
• A complete 360 degree analysis is provided in the report on key companies’ product portfolio, business portfolio, developmental strategies, and key developments from the companies in the historical period.
• Advanced customizations on countries, specific applications in end user industries, product based customizations will be provided based on the request.
• All the collected data is further validated and verified using surveys, interviews and interactions with industrial experts.
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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