Cumene Market Includes Important Growth Factor with Regional Forecast , Organization Sizes, Top Vendors, Industry Research and End User Analysis By 2025

(The Express Wire via Comtex)

Increasing utilization of phenol across several industries which makes use of cumene along with it, is a major factor fueling the growth of global cumene market over the forecast timeframe. Further, increasing demand for cumene due to its several applications in industries like composites, plastics, laminates and other sectors is further creating opportunities for the industry growth over the analysis timeframe.

Along with that, several leading companies are adopting various strategies in terms of product improvement, better cost deals and mergers and acquisitions, which is further creating lot of opportunities for the industry growth over various regions in the coming years.

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Top Key [email protected] KMG Chemicals, CNPC, KenolKobil, Taiwan Cement Corporation, Formosa Plastics Group, Georgia Gulf Corporation, China Petrochemical Development Corporation, Koch Industries, Ineos Group Limited, Petroleos de Venezuela S.A. Mitsui and Co. LTd., Aramco Services Company, CEPSA, Eni Spa, Sunoco, Flint Hills Resources LP, Domo Investment Group, Guangzhou VA-SO Plastics Co. Ltd. and CPCC, Chang Chun Plastics Co. LTD.

Moreover, increasing development of several companies as well as growing RandD activities for offering better products and services to the major industry players and the customers is creating opportunities for the global mica market growth over the analysis period. Additionally, rising adoption of new technologies and emergence of advanced technologies to offer improved products, increase efficiency of the product, reduce carbon footprint and other factors are also fueling the market growth.

Several variety of uses of cumene in different forms of petroleum products as well as a thinner for paints and enamels, octane and lacquers along with for producing chemicals such as acetophenone, acetone, methylstyrene and phenol.

Cumene has a smell that is bitter and looks like water in its normal form. It further has other uses in various industries which makes it an important component gaining popularity and fueling the industry growth.

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From a regional frame of reference, Asia-Pacific region captured highest industry share in the past and is expected to witness significant gains over the forecast period followed by Europe and North America respectively.

Further, growing investments by the major companies for the growth of market is further creating opportunities for the industry growth over the forecast timeframe in coming years.

Key segments of the global cumene market include:

  • Application segment of cumene market
  • Phenol/acetone
  • Others
  • Geographical segment of cumene market
  • Europe (Russia, Germany, France, UK and Rest of Europe)
  • Asia-Pacific (China, India, Australia, Japan, Korea and Rest of Asia-Pacific)
  • North America (Canada, U.S. and Mexico)
  • LAMEA (Brazil, South Africa, KSA and Rest of LAMEA)

Table Of Content:

Chapter1. Executive Summary

Chapter2. Research Methodology

Chapter3. Cumene Market Outlook

Chapter4. Global Cumene Market Overview, By Type

Chapter5. Global Cumene Market Overview, By Application

Chapter6. Global Cumene Market Overview, By Region

Chapter7. Company Profiles

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Press Release Distributed by The Express Wire

To view the original version on The Express Wire visit Cumene Market Includes Important Growth Factor with Regional Forecast , Organization Sizes, Top Vendors, Industry Research and End User Analysis By 2025

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