Pune, Maharashtra -- (SBWIRE) -- 09/11/2018 -- Global Cumene Market Study Report 2018-2025
This market study describes the global Cumene market, with focus on major countries and their subsequent demand for different applications. The study covers demand analysis for regions like North America, Western Europe, Central & Eastern Europe, Central & South America, Asia-Pacific and Middle East & Africa and major countries like the U.S., Canada, Mexico, Germany, France, Italy, U.K., Spain, Russia, Turkey, China, Japan, India, South Korea, Egypt, Iran, Brazil, South Africa and Saudi Arabia.
The market is segmented mainly according to the applications as end use for phenol, acetone, chemical intermediates, catalysts and others.
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Top Leading Companies are: Ineos, Braskem SA, Domo Chemicals, ExxonMobil Corporation, Total S.A., Borealis, DowDuPont, Versalis, Royal Dutch Shell Plc., Cepsa, Sumitomo Chemical Co., Etc.
The report provides answers to the following key questions:
- How big is the Cumene market?
- How is the market evolving by demand, segment and region?
- What will the market size be in 2025 and at what rate will it grow?
- What trends, challenges and barriers are influencing its growth?
- Historical and future price trends for Cumene.
This independent 200 pages report guarantees you will remain better informed than your competition. With over 100 tables and figures examining the Cumene market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader's market revenue forecasts as well as analysis to 2025.
Furthermore, the report provides a detailed analysis of the global Cumene market with analysis of market size by value and volume. Along with this, an analysis of penetration rate and the average revenue generated per user (ARPU) in the market has also been done.
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Cumene is one of the largest growing intermediate used for chemical synthesis. Major umene applications are phenol and acetone. Cumene can also be used as a blending component in polycarbonate production. As most of the cumene is consumed for production of phenol and acetone, its market is totally depended on phenol and acetone demand. The growing demand for phenol in various industries such as plastics, composites, laminates and others led to the growth for cumene in previous years. Northeast Asia, primarily China, consumes highest share of cumene followed by Western Europe and North America. Consumption rate for China is expected to grow substantially in upcoming years. The global demand for Cumene is expected to grow at a CAGR of 3-3.5% during 2018-2025.
Reasons for Buying this Report
- Cumene report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a technological growth map over time to understand the industry growth rate
- It provides a five to seven-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future Outlook.
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