Global Cumene Market 2017-2021

  • ID: 4420442
  • Report
  • Region: Global
  • 80 pages
  • TechNavio
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FEATURED COMPANIES

  • Borealis
  • BP
  • ExxonMobil
  • INEOS
  • Royal Dutch Shell
  • SABIC
  • MORE
About Cumene

Cumene is an organic compound that is also known as isopropylbenzene. It is formed by an aliphatic replacement of aromatic compounds and is a division of refined fuels and crude oil. Cumene is produced by reacting propylene and benzene. Isopropylbenzene has applications in the production of other chemicals such as phenol, acetone, and paints and enamels. Cumene compounds that are manufactured on an industrial scale are converted into cumene hydroperoxide.

The analysts forecast the global cumene market to grow at a CAGR of 4.25% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global cumene market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • Europe
  • Middle East and Africa
The report, Global Cumene Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • BP
  • China Petroleum & Chemical Corporation
  • ExxonMobil
  • Royal Dutch Shell
  • The Dow Chemical
Other prominent vendors
  • Borealis
  • INEOS
  • JX Nippon Oil & Gas Exploration Corporation
  • SABIC
  • Sigma-Aldrich (Merck)
  • Solvay
  • Versalis
Market drivers
  • Rise in demand for phenol and its derivatives for various applications
  • For a full, detailed list, view the full report
Market challenges
  • Fluctuations in crude oil prices
  • For a full, detailed list, view the full report
Market trends
  • Increased use of cumene as a blending component in gasoline pool
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
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FEATURED COMPANIES

  • Borealis
  • BP
  • ExxonMobil
  • INEOS
  • Royal Dutch Shell
  • SABIC
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by application
  • Overview of global cumene market by application
  • Global cumene market by phenol
  • Global cumene market by acetone
  • Global cumene market by other applications
PART 07: Regional landscape
  • Overview of global cumene market by geography
  • Regional comparison
  • Cumene market in APAC – market size & forecast
  • Cumene market in Americas – market size & forecast
  • Cumene market in Europe – market size & forecast
  • Middle East and Africa – market size & forecast
  • Market opportunity
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Market challenges
PART 10: Market trends
  • Alternative phenol production processes using catalysts
  • Increased use of cumene as a blending component in gasoline pool
  • Increased phenol production capacity in APAC
PART 11: Vendor landscape
  • Competitive scenario
  • Key market vendors
  • Other prominent vendors
PART 12: Key vendor analysis
  • BP
  • China Petroleum & Chemical Corporation
  • ExxonMobil
  • Royal Dutch Shell
  • The Dow Chemical
PART 13: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Products of benzene 2016 (% share)
Exhibit 02: Cumene production process
Exhibit 03: Value chain of phenol and acetone
Exhibit 04: Global cumene market: Overview
Exhibit 05: Global cumene market 2016-2021 ($ millions)
Exhibit 06: Five forces analysis
Exhibit 07: Global cumene market by application 2016 (% share)
Exhibit 08: Global cumene market by application 2021 (% share)
Exhibit 09: Global cumene market by phenol 2016-2021 ($ millions)
Exhibit 10: Global phenol market by application 2016 (% share)
Exhibit 11: Global cumene market by acetone 2016-2021 ($ millions)
Exhibit 12: Global acetone market by application 2016 (% share)
Exhibit 13: Global cumene market by other applications 2016-2021 ($ millions)
Exhibit 14: Americas – market size & forecast 2016-2021 (% share)
Exhibit 15: Regional comparison
Exhibit 16: Cumene market in APAC – market size & forecast 2016-2021 ($ millions)
Exhibit 17: Cumene market in APAC – Year-over-year growth 2017-2021
Exhibit 18: Cumene market in Americas – market size & forecast 2016-2021 ($ millions)
Exhibit 19: Cumene market in Americas – Year-over-year growth 2017-2021
Exhibit 20: Cumene market in Europe – market size & forecast 2016-2021 ($ millions)
Exhibit 21: Cumene market in Europe – Year-over-year growth 2017-2021
Exhibit 22: Cumene market in Middle East and Africa – market size & forecast 2016-2021 ($ millions)
Exhibit 23: Cumene market in Middle East and Africa – Year-over-year growth 2017-2021
Exhibit 24: Global phenol market by application 2016-2021 ($ millions)
Exhibit 25: BPA production using catalyst
Exhibit 26: Key vendors in global cumene market 2016
Exhibit 27: Other prominent vendors
Exhibit 28: BP: Business segmentation by revenue 2016 (% share)
Exhibit 29: BP: Geographical segmentation by revenue 2016 (% share)
Exhibit 30: China Petroleum & Chemical Corporation: Business segmentation by revenue 2016 (% share)
Exhibit 31: China Petroleum & Chemical Corporation: Geographic segmentation by revenue 2016 (% share)
Exhibit 32: ExxonMobil: Business segmentation by revenue 2016 (% share)
Exhibit 33: ExxonMobil: Geographical segmentation by revenue 2016 (% share)
Exhibit 34: Royal Dutch Shell: Business segmentation by revenue 2016 (% share)
Exhibit 35: Royal Dutch Shell: Geographical segmentation by revenue 2016 (% share)
Exhibit 36: The Dow Chemical: Geographic segmentation by revenue 2016 (% share)
Exhibit 37: The Dow Chemical: Business segmentation by revenue 2016 (% share)
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FEATURED COMPANIES

  • Borealis
  • BP
  • ExxonMobil
  • INEOS
  • Royal Dutch Shell
  • SABIC
  • MORE
New Report Released: – Global Cumene Market 2017-2021

The author of the report recognizes the following companies as the key players in the global cumene market: BP, China Petroleum & Chemical Corporation, ExxonMobil, Royal Dutch Shell, and The Dow Chemical.

Other Prominent Vendors in the market are: Borealis, INEOS, JX Nippon Oil & Gas Exploration Corporation, SABIC, Sigma-Aldrich (Merck), Solvay, and Versalis.

Commenting on the report, an analyst from the research team said: “One trend in the market is increased use of cumene as a blending component in gasoline pool. The major refinery products manufactured using the product blending technique are gasoline, heating oils, jet fuels, and diesel fuels. The objective of product blending is to assign the available blending components in a way that will ensure that all the product demands and specifications are compatible at the least cost and to produce products to maximize the overall profit.”

According to the report, one driver in the market is rise in demand for phenol and its derivatives for various applications. The largest consumer of phenol is BPA. Though there are health and safety-related issues associated with the use of BPA, it is still used as a key ingredient for the production of polycarbonate and epoxy resins. Another major application of phenol is its use in the production of phenol-formaldehyde resins. These resins are primarily used in wood adhesives for binding the layers of plies in exterior plywood.

Further, the report states that one challenge in the market is fluctuations in crude oil prices. Cumene is manufactured by reacting benzene and propylene. Fluctuations in the price of benzene due to changes in crude oil prices directly impact the production cost of cumene. Many factors influence crude oil prices, such as factors related to the trading and financial markets and physical market factors. The eight major factors that influence crude oil prices are Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC supply disruption, Organization for Economic Co-operation and Development (OECD) inventories and WTI futures spread, change in Saudi production and price of West Texas Intermediate (WTI) crude, commodity index, composition of the Dow Jones Union Bank of Switzerland (UBS) commodity index, average daily open interest in crude oil futures, world oil consumption, and world GDP.

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 a SWOT analysis of the key vendors.
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  • BP
  • China Petroleum & Chemical Corporation
  • ExxonMobil
  • Royal Dutch Shell
  • The Dow Chemical
  • Borealis
  • INEOS
  • JX Nippon Oil & Gas Exploration Corporation
  • SABIC
  • Sigma-Aldrich (Merck)
  • Solvay
  • Versalis
Note: Product cover images may vary from those shown
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