The Asia-Pacific region has rapidly emerged as the largest cumene global market. The moderately developed Japanese market also accounts for a substantial share in the global cumene market in Asia-Pacific region. China is going through large capacity additions in the form of aromatic plants (phenol derivatives) which has increased the cumene market in Asia-Pacific region. South Korea and India are expected to make major contributions to cumene demand in near future.

Request market report sample here : https://www.psmarketresearch.com/market-analysis/cumene-market/report-sample

ne of the most common drivers in the global cumene market is the increasing demand and capacity of cumene in various regions such as China. Further, growing demand for phenol is a major driver in the cumene market. Demand within the global cumene market has increased over the last decade as a result of increased consumption of acetone derivatives market worldwide.

On the basis of applications the global cumene market can be divided into two segments; acetone/phenol and others.

Cumene is released in the environment as a result of its production and processing from petroleum (crude oil) refining. Therefore, consumption of contaminated food or water and the inhalation of contaminated air from the evaporation of petroleum products are the two most probable forms of human exposure to cumene.

Read market report summary here : https://www.psmarketresearch.com/market-analysis/cumene-market

Major competitors in the global cumene market are China Petroleum & Chemical Corp. (SNP) , Axiall Corporation , Shell Corp. LLC,. INEOS Group Holdings SA. Some other prominent competitors in this market include -ARAMCO SERVICES COMPANY, China National Petroleum Corporation, Domo investement group, BP p.l.c, Braskem, CEPSA, The Dow Chemical Company, Eni SpA, Chang Chun Plastics Co., LTD., Chevron Corporation, Exxon Mobil Corporation, FLINT HILLS RESOURCES, LP, MITSUI & CO., LTD., Sunoco, Guangzhou VA-SO Plastics Co.,Ltd. , Sumitomo Chemical Co., Ltd. and many more.