commonly known as Isopropyl-benzene, is a colourless, flammable liquid and having boiling point of 152°C is a constituent of refined fuels and crude oil. It is an organic compound generally based on aromatic hydrocarbons with aliphatic substitution. Cumene, by coming in contact of air shows instability and forms peroxides. Globally, development industries such as bisphenol-A, polycarbonate and phenolic resins, rise in the demand for phenol in various industries such as plastics, composites, laminates and other industries, and increasing usage of Acetone around the globe are the prime growth drivers of global cumene market. In addition, increase in adoption of cumene for newer applications, and, emerging economies such as China, India and others, will create new opportunities for global cumene market. However, higher cost of the research and development, and health hazards such as skin irritation, slight inco-ordination and headache are the key restraints for global cumene market.
This report identifies the global cumene market
size in for the year 2014-2016, and forecast of the same for year 2021. It also highlights the potential growth opportunities in the coming years, while also reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape, and other key aspects with respect to global cumene market.
Geographically North America dominated global cumene market, and Asia Pacific is projected to have fastest growth, owing to rapidly increasing population, rapid urbanization, rise in demand of acetone and phenol derivatives, and modernizing infrastructure in developing nations such as China, and India in this region. Among all the end-users, phenolic resins have the highest market share in global cumene market, owing to higher industrial usage.This report segments global cumene market on the basis of end-user, and regional market as follows:
Sample Companies Profiled in this Report are:
- The report has focused study on cumene market by basis of end-user such as Polycarbonate, Bisphenol-A, Phenolic Resins, and Others
- This is report has been further segmented into major regions, which includes detailed analysis of each region such as: North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW) covering all the major country level markets in each of the region
- Royal Dutch Shell Plc.
- The Dow Chemical Company
- China Petroleum & Chemical Corporation
- Saudi Basic Industries Corporation
- China National Petroleum Corporation