Cumene Market - Forecast(2021 - 2026)

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Cumene MarketMarket size, Industry outlook,
Market Forecast, Demand Analysis, Market Share,
Market Report 2021-2026
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• Cumene Market size is forecast to reach 26.9
  billion by 2025, after growing at a CAGR of 7
  during 2020-2025. The Cumene Market is witnessing
  an increase in demand as they are widely used in
  the manufacture of rubber, iron and steel, and
  pulp and paper and thinner for paints, lacquers,
  and enamels and as a component of high-octane
  fuels.
• Demand for Cumene is increasing due to their
  unique properties such as flammability, high
  boiling points, and solubility in organic
  solvents. These characteristics of Cumene are
  driving its demand in various end use industries
  such as paint, chemical, automotive, and plastic,
  which will accelerate the cumene industry
  substantially in the forecast era.

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• Key Takeaways
• Asia Pacific dominates the cumene market due to
  the increasing use and demand of phenols and
  acetone from various end use industries in this
  region.
• Cumene is classified as an aromatic hydrocarbon
  which is a very important industrial chemical and
  is used primarily as a raw material in the
  synthesis of organic compounds.
• The rise in demand for the laminates and plastics
  industries will increase the demand for the
  cumene market in the forecast era.

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By Distribution Channel- Segment
Analysis Alkylation of benzene and propene using
the catalyst process is widely used in the cumene
market. An alkylation reactor uses a catalyst to
transform the liquid phase of benzene and
propylene to Cumene. A small fraction of cumene
is additionally alkylated to polyisopropylbenzenes
(PIPB) that is distilled and transformed to
cumene in the transalkylating reactor. Owing to
the low variable operating cost, lower capital
investment, and high-reliability alkylation of
benzene and propene it is the most preferred
manufacturing process.
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• Cumene Market Industry Outlook 
• BASF
• Sigma-Aldrich
• The Dow Chemical Company
• Tata Chemicals Limited
• KMG Chemicals
• Koch Industries
• INEOS Group Limited
• Exxon Mobil Corporation

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Cumene Market - Forecast(2021 - 2026) Learn
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• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
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Reddy Contact (1) 970-236-3677 Email
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