Press release
Cumene Market To See Strong Growth and Business Scope During 2020 to 2027 | Key Players: ExxonMobil Corporation, JX Holdings, LG Chem Ltd
The report aims to provide an overview cumene market with detailed market segmentation by application, method type, and geography. The global cumene market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading cumene market players and offers key trends and opportunities in the cumene market.The global cumene market is segmented on the basis of application, method type. On the basis of application the market is segmented as phenol, acetone, others. On the basis of method type the market is segmented as zeolite, aluminum chloride, and solid phosphoric acid.
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Key Companies Analyzed in this Report are: Axiall Corporation, BASF SE, Dow Chemical Company, ExxonMobil Corporation, JX Holdings, LG Chem Ltd., Royal Dutch Shell PLC, SABIC, Sumitomo Chemical Corporation, Total S.A.
Cumene is an organic compound that is based on the aromatic hydrocarbon with an aliphatic substitution, and it is a constituent of crude oil and refined fuels. Increasing activities in bisphenol-A, phenolic resins, and polycarbonate are fuelling the growth of the cumene market. Rapid growth in construction, packaging, and pharmaceutical industry is rising the demand for phenol byproducts, which also boosts the growth of the cumene market.
Cumene finds significant applications in the production of phenol, followed by acetone and other industrial chemicals that drive the growth of the market. Growing use of cumene in adhesives and sealant chemicals propels the growth of the market. However, excessive exposure to cumene can cause health hazards such as unconsciousness, skin irritation, and headache that is the major restraint for the growth of the cumene market. Growing demand for phenol in various industries such as composites, plastics, laminates, and others is expected to drive the growth of the cumene market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global cumene market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The cumene market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
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TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Cumene Market - By Application
1.3.2 Cumene Market - By Method Type
1.3.3 Cumene Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. CUMENE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. CUMENE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
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About The Insight Partners:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services.
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