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Cumene is the common name for isopropylbenzene, an organic compound that is based on an aromatic hydrocarbon with an aliphatic substitution. It is a constituent of crude oil and refined fuels. It is a flammable colorless liquid that has a boiling point of 152 °C. Nearly all the cumene that is produced as a pure compound on an industrial scale is converted to cumene hydroperoxide, which is an intermediate in the synthesis of other industrially important chemicals, primarily phenol and acetone.
Cumene is produced from benzene and propylene, accounting for 20% of benzene demand and 4% of propylene demand. Cumene is made primarily for phenol and acetone production. Phenol/acetone production consumes approximately 98% of all cumene globally, so cumene demand is very closely tied to the phenol market. Cumene can also be used as a blending component in the gasoline pool, especially as a way to avoid benzene restrictions in gasoline. When cumene and its feedstocks become undervalued relative to energy, gasoline blenders can use cumene as a blending component, since it has a high octane rating. The use of cumene as a blending component will occur when its price falls below its alternate octane value.
This report provides detailed analysis of worldwide markets for Cumene from 2011-2015 and provides extensive market forecasts 2016-2021 by region/country and subsectors. It covers the key technological and market trends in the Cumene market and further lays out an analysis of the factors influencing the supply/demand for Cumene, and the opportunities/challenges faced by industry participants. It also acts as an essential tool to companies active across the value chain and to the new entrants by enabling them to capitalize the opportunities and develop business strategies.
GCC's report, Global Cumene Market Outlook 2016-2021, has been prepared based on the synthesis, analysis, and interpretation of information about the global Cumene market collected from specialized sources. The report covers key technological developments in the recent times and profiles leading players in the market and analyzes their key strategies. The competitive landscape section of the report provides a clear insight into the market share analysis of key industry players. The major players in the global Cumene market are Royal Dutch Shell, Chang Chun Plastics, Formosa Plastics Group, China Petroleum & Chemical, Axiall Corporation, BP Global, Braskem, Ineos Group, China National Petroleum Corporation, Dow Chemical, DOMO Chemicals, Sunoco, among others.
The report provides separate comprehensive analytics for the North America, Europe, Asia-Pacific, Middle East and Africa and Rest of World. In this sector, global competitive landscape and supply/demand pattern of Cumene industry has been provided.