Global Cumene Market 2023-2027

Description

List of Tables

Technavio has been monitoring the cumene market and is forecast to grow by $6120.94 mn during 2022-2027, accelerating at a CAGR of 4.72% during the forecast period. Our report on the cumene market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for phenol and acetone, rapid industrialization in emerging economies, and rising technological advancements.

Technavio's cumene market is segmented as below:

By Application

Phenol
Acetone
Others

By Technology

Zeolites
Solid phosphoric acid
Aluminum chloride

By Geographical Landscape

APAC
North America
Europe
South America
Middle East and Africa

This study identifies the increasing demand for phenol in plastic industry as one of the prime reasons driving the cumene market growth during the next few years. Also, the increasing use of acetone as a solvent and the rising fashion industry will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the cumene market covers the following areas:

Cumene market sizing
Cumene market forecast
Cumene market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cumene market vendors that include BASF SE, Bilcare Ltd., Braskem SA, Chang Chun Group, Compania Espanola de Petroleos SA, Domo Chemicals GmbH, Dow Inc., Eni Spa, Ennore India Chemical International, Exxon Mobil Corp., Kumho Petrochemical Co. Ltd., Merck KGaA, Mitsui Chemicals Inc., Petroleos de Venezuela SA, Parsol chemicals Ltd., Saudi Arabian Oil Co., Shell plc, Sumitomo Chemical Co. Ltd., Taiwan Cement Ltd., and Westlake Corp. Also, the cumene market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR75196

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Application
Exhibit 06: Executive Summary - Chart on Market Segmentation by Technology
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global cumene market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on Global cumene market 2017 - 2021 ($ million)
4.2 Application Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Application Segment 2017 - 2021 ($ million)
4.3 Technology Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Technology Segment 2017 - 2021 ($ million)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Application

6.1 Market segments
Exhibit 30: Chart on Application - Market share 2022-2027 (%)
Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
6.2 Comparison by Application
Exhibit 32: Chart on Comparison by Application
Exhibit 33: Data Table on Comparison by Application
6.3 Phenol - Market size and forecast 2022-2027
Exhibit 34: Chart on Phenol - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on Phenol - Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on Phenol - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Phenol - Year-over-year growth 2022-2027 (%)
6.4 Acetone - Market size and forecast 2022-2027
Exhibit 38: Chart on Acetone - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on Acetone - Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on Acetone - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Acetone - Year-over-year growth 2022-2027 (%)
6.5 Others - Market size and forecast 2022-2027
Exhibit 42: Chart on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 43: Data Table on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 44: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 45: Data Table on Others - Year-over-year growth 2022-2027 (%)
6.6 Market opportunity by Application
Exhibit 46: Market opportunity by Application ($ million)
Exhibit 47: Data Table on Market opportunity by Application ($ million)

7 Market Segmentation by Technology

7.1 Market segments
Exhibit 48: Chart on Technology - Market share 2022-2027 (%)
Exhibit 49: Data Table on Technology - Market share 2022-2027 (%)
7.2 Comparison by Technology
Exhibit 50: Chart on Comparison by Technology
Exhibit 51: Data Table on Comparison by Technology
7.3 Zeolites - Market size and forecast 2022-2027
Exhibit 52: Chart on Zeolites - Market size and forecast 2022-2027 ($ million)
Exhibit 53: Data Table on Zeolites - Market size and forecast 2022-2027 ($ million)
Exhibit 54: Chart on Zeolites - Year-over-year growth 2022-2027 (%)
Exhibit 55: Data Table on Zeolites - Year-over-year growth 2022-2027 (%)
7.4 Solid phosphoric acid - Market size and forecast 2022-2027
Exhibit 56: Chart on Solid phosphoric acid - Market size and forecast 2022-2027 ($ million)
Exhibit 57: Data Table on Solid phosphoric acid - Market size and forecast 2022-2027 ($ million)
Exhibit 58: Chart on Solid phosphoric acid - Year-over-year growth 2022-2027 (%)
Exhibit 59: Data Table on Solid phosphoric acid - Year-over-year growth 2022-2027 (%)
7.5 Aluminum chloride - Market size and forecast 2022-2027
Exhibit 60: Chart on Aluminum chloride - Market size and forecast 2022-2027 ($ million)
Exhibit 61: Data Table on Aluminum chloride - Market size and forecast 2022-2027 ($ million)
Exhibit 62: Chart on Aluminum chloride - Year-over-year growth 2022-2027 (%)
Exhibit 63: Data Table on Aluminum chloride - Year-over-year growth 2022-2027 (%)
7.6 Market opportunity by Technology
Exhibit 64: Market opportunity by Technology ($ million)
Exhibit 65: Data Table on Market opportunity by Technology ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 67: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibit 68: Data Table on Market share By Geographical Landscape 2022-2027 (%)
9.2 Geographic comparison
Exhibit 69: Chart on Geographic comparison
Exhibit 70: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2022-2027
Exhibit 71: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 72: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 73: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 74: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.4 North America - Market size and forecast 2022-2027
Exhibit 75: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 76: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 77: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 78: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.5 Europe - Market size and forecast 2022-2027
Exhibit 79: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 80: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 81: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 82: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.6 South America - Market size and forecast 2022-2027
Exhibit 83: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 84: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 85: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 86: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.7 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.8 China - Market size and forecast 2022-2027
Exhibit 91: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibit 92: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibit 93: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 94: Data Table on China - Year-over-year growth 2022-2027 (%)
9.9 US - Market size and forecast 2022-2027
Exhibit 95: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 96: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 97: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 98: Data Table on US - Year-over-year growth 2022-2027 (%)
9.10 UK - Market size and forecast 2022-2027
Exhibit 99: Chart on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 100: Data Table on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 101: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibit 102: Data Table on UK - Year-over-year growth 2022-2027 (%)
9.11 Germany - Market size and forecast 2022-2027
Exhibit 103: Chart on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 104: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 105: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 106: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.12 Japan - Market size and forecast 2022-2027
Exhibit 107: Chart on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 108: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 109: Chart on Japan - Year-over-year growth 2022-2027 (%)
Exhibit 110: Data Table on Japan - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 111: Market opportunity By Geographical Landscape ($ million)
Exhibit 112: Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 113: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 115: Overview on factors of disruption
11.4 Industry risks
Exhibit 116: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 117: Vendors covered
12.2 Market positioning of vendors
Exhibit 118: Matrix on vendor position and classification
12.3 BASF SE
Exhibit 119: BASF SE - Overview
Exhibit 120: BASF SE - Business segments
Exhibit 121: BASF SE - Key news
Exhibit 122: BASF SE - Key offerings
Exhibit 123: BASF SE - Segment focus
12.4 Bilcare Ltd.
Exhibit 124: Bilcare Ltd. - Overview
Exhibit 125: Bilcare Ltd. - Product / Service
Exhibit 126: Bilcare Ltd. - Key offerings
12.5 Braskem SA
Exhibit 127: Braskem SA - Overview
Exhibit 128: Braskem SA - Business segments
Exhibit 129: Braskem SA - Key offerings
Exhibit 130: Braskem SA - Segment focus
12.6 Chang Chun Group
Exhibit 131: Chang Chun Group - Overview
Exhibit 132: Chang Chun Group - Product / Service
Exhibit 133: Chang Chun Group - Key offerings
12.7 Compania Espanola de Petroleos SA
Exhibit 134: Compania Espanola de Petroleos SA - Overview
Exhibit 135: Compania Espanola de Petroleos SA - Business segments
Exhibit 136: Compania Espanola de Petroleos SA - Key offerings
Exhibit 137: Compania Espanola de Petroleos SA - Segment focus
12.8 Domo Chemicals GmbH
Exhibit 138: Domo Chemicals GmbH - Overview
Exhibit 139: Domo Chemicals GmbH - Product / Service
Exhibit 140: Domo Chemicals GmbH - Key offerings
12.9 Exxon Mobil Corp.
Exhibit 141: Exxon Mobil Corp. - Overview
Exhibit 142: Exxon Mobil Corp. - Business segments
Exhibit 143: Exxon Mobil Corp. - Key news
Exhibit 144: Exxon Mobil Corp. - Key offerings
Exhibit 145: Exxon Mobil Corp. - Segment focus
12.10 Kumho Petrochemical Co. Ltd.
Exhibit 146: Kumho Petrochemical Co. Ltd. - Overview
Exhibit 147: Kumho Petrochemical Co. Ltd. - Product / Service
Exhibit 148: Kumho Petrochemical Co. Ltd. - Key news
Exhibit 149: Kumho Petrochemical Co. Ltd. - Key offerings
12.11 Merck KGaA
Exhibit 150: Merck KGaA - Overview
Exhibit 151: Merck KGaA - Business segments
Exhibit 152: Merck KGaA - Key news
Exhibit 153: Merck KGaA - Key offerings
Exhibit 154: Merck KGaA - Segment focus
12.12 Mitsui Chemicals Inc.
Exhibit 155: Mitsui Chemicals Inc. - Overview
Exhibit 156: Mitsui Chemicals Inc. - Business segments
Exhibit 157: Mitsui Chemicals Inc. - Key offerings
Exhibit 158: Mitsui Chemicals Inc. - Segment focus
12.13 Petroleos de Venezuela SA
Exhibit 159: Petroleos de Venezuela SA - Overview
Exhibit 160: Petroleos de Venezuela SA - Product / Service
Exhibit 161: Petroleos de Venezuela SA - Key offerings
12.14 Parsol chemicals Ltd.
Exhibit 162: Parsol chemicals Ltd. - Overview
Exhibit 163: Parsol chemicals Ltd. - Product / Service
Exhibit 164: Parsol chemicals Ltd. - Key offerings
12.15 Saudi Arabian Oil Co.
Exhibit 165: Saudi Arabian Oil Co. - Overview
Exhibit 166: Saudi Arabian Oil Co. - Product / Service
Exhibit 167: Saudi Arabian Oil Co. - Key offerings
12.16 Shell plc
Exhibit 168: Shell plc - Overview
Exhibit 169: Shell plc - Business segments
Exhibit 170: Shell plc - Key offerings
Exhibit 171: Shell plc - Segment focus
12.17 Sumitomo Chemical Co. Ltd.
Exhibit 172: Sumitomo Chemical Co. Ltd. - Overview
Exhibit 173: Sumitomo Chemical Co. Ltd. - Business segments
Exhibit 174: Sumitomo Chemical Co. Ltd. - Key offerings
Exhibit 175: Sumitomo Chemical Co. Ltd. - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 176: Inclusions checklist
Exhibit 177: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 178: Currency conversion rates for US$
13.4 Research methodology
Exhibit 179: Research methodology
Exhibit 180: Validation techniques employed for market sizing
Exhibit 181: Information sources
13.5 List of abbreviations
Exhibit 182: List of abbreviations