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@ https://www.expertmarketresearch.com/reports/europe-cumene-market/requestsample
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:
By manufacturing process, the market is segmented into:
- Zeolite Catalysts
- Aluminium Chloride Catalyst
- Solid Phosphoric Acid (SPA) Catalyst
The regional markets for cumene in Europe include Germany, the United Kingdom, France, and Italy, among others.
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@ https://www.expertmarketresearch.com/reports/europe-cumene-market
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.
Read More Reports:
Global Analgesics Market: https://www.expertmarketresearch.com/reports/analgesics-market
Europe Biosimilar Market: https://www.expertmarketresearch.com/reports/europe-biosimilar-market
Qatar Greenhouse Market: https://www.expertmarketresearch.com/reports/qatar-greenhouse-market
Global Polyisoprene Market: https://www.expertmarketresearch.com/reports/polyisoprene-market
Global Automotive Connectors Market: https://www.expertmarketresearch.com/reports/automotive-connectors-market
Global Photoresist and Photoresist Ancillaries Market: https://www.expertmarketresearch.com/reports/photoresist-and-photoresist-ancillaries-market
Philippines LED Lighting Market: https://www.expertmarketresearch.com/reports/philippines-led-lighting-market
United States Paper Cups and Paper Plates Market: https://www.expertmarketresearch.com/reports/united-states-paper-cups-and-paper-plates-market
Global Aroma Chemicals Market: https://www.expertmarketresearch.com/reports/aroma-chemicals-market
Global Orthopaedic Braces and Supports Market: https://www.expertmarketresearch.com/reports/orthopaedic-braces-and-supports-market
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.
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.
We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.
Informes de Expertos (https://informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
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.
Company Name: Expert Market Research
Contact Person: Ian Bell, Corporate Sales Specialist - U.S.A.
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Country: United States
*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.