Title: Cumene Market - Forecast (2022 - 2027)
1Cumene Market Market size, Industry outlook,
Market Forecast, Demand Analysis, Market Share,
Market Report (2022 - 2027)
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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.
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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. - Asmall fraction of cumene is additionally
alkylated to polyisopropylbenzenes (PIPB) that is
distilled and transformed to cumene in the
transalkylating reactor.
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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
- Royal Dutch Shell Plc.
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Cumene Market - Forecast(2022 - 2027) Learn
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- Analyst Briefing
- Data Tables
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Contact (1) 970-236-3677
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