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Thursday, May 13, 2021

Europe Cumene Market to be Driven by rising demand of Acetone and Phenol in the Forecast Period of 2021-2026

The new report by Expert Market Research titled, ‘Europe Cumene Market Report and Forecast 2021-2026’, gives an in-depth analysis of the Europe cumene market, assessing the market based on its segments like applications, manufacturing process and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.

Request a free sample copy in PDF or view the report summary@

The key highlights of the report include:

Market Overview (2016-2026)

  • Historical Market Size (2020): 15 MMT
  • Forecast CAGR (2021-2026): 4% (Global Cumene Market)

The major factors driving the market analyzed include rising phenol demand from the plastics industry and the acetone use as a solvent. The automobile sector also saw a drop in production and sales as a result of the pandemic, which impacted the cumene market.

Industry Definition and Major Segments

Cumene (isopropylbenzene) is an aromatic hydrocarbon with aliphatic substituents. It is used in crude oil and refined fuels alike. It is a colorless, flammable liquid with a boiling point of 152 degrees Celsius.

The product finds wide applications in the following:

  • Phenol
  • Acetone
  • Others

By manufacturing process, the market is segmented into:

  • Zeolite Catalysts
  • Aluminium Chloride Catalyst
  • Solid Phosphoric Acid (SPA) Catalyst
  • Others

The regional markets for cumene in Europe include Germany, the United Kingdom, France, and Italy, among others.

Market Trends

The additional demand of methyl methacrylate (MMA) and BPA contributes to the increasing market for acetone. The rising demand for MMA in the construction industry to produce acrylic sheets is propelling the cumene market forward in Europe. The growing market for laminates and plastics is also driving up demand for cumene. Cumene’s industry development is also being aided by increasing demand for adhesives and sealants in Europe.

Explore the full report with the table of contents@

Key Market Players

The major players in the market are Petrochemicals Europe, Domo Chemicals GmbH, Royal Dutch Shell Plc, Borealis AG, Cepsa, among Others. The report covers the market shares, capacities, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

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Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

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Contact Person: Ian Bell, Corporate Sales Specialist – U.S.A.
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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.


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