Cumene Market Analysis, Size - Segmented by Application (Phenol, Acetone, Paints & Enamels, High-octane Aviation Fuels), Manufacturing Process (Aluminum Chloride Catalyst, Solid Phosphoric Acid (SPA) Catalyst, Zeolite Catalyst), and Geography - Growth, Trends, and Forecast (2019 - 2024).


APR 2018

Cumene Market Analysis, Size - Segmented by Application (Phenol, Acetone, Paints & Enamels, High-octane Aviation Fuels), Manufacturing Process (Aluminum Chloride Catalyst, Solid Phosphoric Acid (SPA) Catalyst, Zeolite Catalyst), and Geography - Growth, Trends, and Forecast (2019 - 2024).

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Cumene Market 

The global cumene market is expected to witness a CAGR of approximately 4.8%, during the forecasted period. The major factor driving the market is the growing demand for phenol from plastics and composites applications.

Rising Demand for Phenol

Cumene is a flammable and colorless liquid and a constituent of refined fuels and crude oil. It is made primarily for phenol and acetone production, which consume more than 90% of all cumene. Therefore, cumene has a close dependency on phenol. The growing demand for phenol from plastics and composites segment has significantly increased the demand for cumene. Hence, this is one of the major driving factors for the market during the forecast period. However, the extended exposure of cumene causes harmful effects to human, which may hinder the market growth to a certain extent.

Growing Demand for Polycarbonate

Cumene is majorly required in the manufacturing of polycarbonate. Polycarbonate has been one of the booming markets with steady growth. PC resins are significantly consumed in automotive industry. Thus, with the consistent growth in the automotive industry, globally, the demand for PC is expected to increase and growth trend is expected to continue during the forecast period. Therefore, with the growth of the polycarbonate market, the demand for cumene is expected to rise, during the forecast period.

Asia-Pacific is the Dominating Region in Cumene Market 

In terms of consumption in 2017, Asia-Pacific held the largest share. The demand for cumene in countries including China, India, and Indonesia are expected to rise at a great pace owing to the increasing demand for phenol and acetone, owing to growing automotive and construction industry in the abovementioned countries. However, the harmful effects of cumene on extended exposure may hamper the market growth to a certain extent in the region during the forecast period.

                                         Cumene Market

Key Developments in the Cumene Market 

  • July 2017: INEOS Phenol planned for ‘world-scale’ cumene plant in Germany with a potential start-up date of 2020

Cumene Market Major Players:

  • AkzoNobel NV.
  • BASF SE.
  • Olin Corporation.
  • Tata Chemicals Limited.
  • The Dow Chemical Company.

Reason to Purchase Cumene Market Report

  • Analyzing various perspectives of the market with the help of Porter’s five forces analysis
  • To understand the dominating process type and filler used in the market
  • Countries expected to witness the fastest growth during the forecast period
  • Identifying the latest developments, market shares, and strategies employed by the major market players
  • 3-month analyst support, along with the Market Estimate sheet in excel

Customize Cumene Market  Report

  • This report can be customized to meet your requirements. Please connect with our analyst, who will ensure you get a report that suits your needs

1. Introduction

              1.1 Scope of the Report

              1.2 Market Definition

              1.3 Study Assumptions

              1.4 Study Deliverables

              1.5 Research Phases

2. Executive Summary

3. Cumene Market Insights

              3.1 Industry Value-Chain Analysis

              3.2 Industry Attractiveness – Porter’s Five Forces Analysis

                             3.2.1 Bargaining Power of Suppliers

                             3.2.2 Bargaining Power of Consumers

                             3.2.3 Threat of New Entrants

                             3.2.4 Threat of Substitute Products and Services

                             3.2.5 Degree of Competition

              3.3 Feedstock Analysis

                             3.3.1 Global Capacity by Key Feedstock

                             3.3.2 Trends

              3.4 Technological Snapshot

                             3.4.1 Production Process

                             3.4.2 Technology Licensing and Patent Analysis

              3.5 Trade Analysis

              3.6 Price Index

              3.7 Capacity and Production Analysis

              3.8 Regulatory Policy Analysis

4. Market Dynamics

              4.1 Cumene Market Drivers

                             4.1.1 Growing Demand for Phenol from Plastics Industry

                             4.1.2 Increasing Use of Acetone as a Solvent

              4.2 Cumene Market Restraints

                             4.2.1 Harmful Effect on Extended Exposure

                             4.2.2 Other Restraints

              4.3 Cumene Market Opportunities

                             4.3.1 Rising Investments for New Capacity Additions

                             4.3.2 Other Opportunities

5. Market Segmentation and Analysis (Market Size, Share, and Forecast)

              5.1 Cumene Market By Application

                             5.1.1 Phenol

                             5.1.2 Acetone

                             5.1.3 Paints & Enamels

                             5.1.4 High-octane Aviation Fuels

                             5.1.5 Others

              5.2 Cumene Market By Manufacturing Process

                             5.2.1 Aluminum Chloride Catalyst

                             5.2.2 Solid Phosphoric Acid (SPA) Catalyst

                             5.2.3 Zeolite Catalyst

6. Regional Market Analysis (Market Size, Share, and Forecast)

              6.1 Asia-Pacific Cumene Market  Analysis (2018-2023)

                             6.1.1 China Cumene Market  Analysis (2018-2023)

                             6.1.2 India Cumene Market  Analysis (2018-2023)

                             6.1.3 Japan Cumene Market  Analysis (2018-2023)

                             6.1.4 South Korea Cumene Market  Analysis (2018-2023)

                             6.1.5 Rest of Asia-Pacific

              6.2 North America Cumene Market  Analysis (2018-2023)

                             6.2.1 United States Cumene Market  Analysis (2018-2023)

                             6.2.2 Canada Cumene Market  Analysis (2018-2023)

                             6.2.3 Mexico Cumene Market  Analysis (2018-2023)

                             6.2.4 Rest of North America

              6.3 Europe Cumene Market  Analysis (2018-2023)

                             6.3.1 Germany Cumene Market  Analysis (2018-2023)

                             6.3.2 United Kingdom Cumene Market  Analysis (2018-2023)

                             6.3.3 Italy Cumene Market  Analysis (2018-2023)

                             6.3.4 France Cumene Market  Analysis (2018-2023)

                             6.3.5 Rest of Europe

              6.4 South America Cumene Market  Analysis (2018-2023)

                             6.4.1 Brazil Cumene Market  Analysis (2018-2023)

                             6.4.2 Argentina Cumene Market  Analysis (2018-2023)

                             6.4.3 Rest of South America

              6.5 Middle-East & Africa Cumene Market  Analysis (2018-2023)

                             6.5.1 Saudi Arabia Cumene Market  Analysis (2018-2023)

                             6.5.2 South Africa Cumene Market  Analysis (2018-2023)

                             6.5.3 Rest of Middle East & Africa

7. Future of the  Cumene Market  Analysis (2018-2023)

8. Cumene Market Competitive Landscape

              8.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements

              8.2 Market Share Analysis**

              8.3 Strategies Adopted by Leading Players

9. Cumene Market Company Profiles (Overview, Financials**, Products & Services, Recent Developments, and Analyst View)

              9.1 Braskem SA

              9.2 Cepsa 

              9.3 Domo Chemicals

              9.4 ExxonMobil Corporation

              9.5 Ineos 

              9.6 DowDuPont

              9.7 Total S.A.

              9.8 Royal Dutch Shell Plc.   

              9.9 Sumitomo Chemical Co.   

              9.10 JXTG Nippon Oil and Energy Corporation

               *List not exhaustive

10. Disclaimer

**Subject to availability on public domain

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