Syndicated Analytics’ latest report titled “Cumene Production Cost Analysis 2021-2026: Capital Investment, Manufacturing Process, Operating Cost, Raw Materials, Industry Trends and Revenue Statistics” includes all the essential aspects that are required to understand and venture into the cumene industry. This report is based on the latest economic data, and it presents comprehensive and detailed insights regarding the primary process flow, raw material requirements, reactions involved, utility costs, operating costs, capital investments, pricing, and margins. It is a must-read for all entrepreneurs, investors, consultants, researchers, business strategists, and those with any form of stake in the cumene industry.
Cumene, or isopropyl benzene, refers to a flammable organic compound that is derived from the aliphatic substitution of aromatic hydrocarbons. It is a key component in the production of fuels and refined crude oil. Cumene is used as a chemical base to manufacture phenol, cumene hydroperoxide, acetone, etc. It is also utilized to make numerous petroleum-based products, such as additives, thinners, lacquers, enamels, adhesives, etc. As a result, cumene finds wide applications across several industries, such as chemical, petrochemical, plastic, oil, and gas, etc.
Significant growth in the plastic industry worldwide represents one of the primary factors driving the cumene market. Moreover, the increasing adoption of acetone as an industrial solvent and in the manufacturing of bisphenol A (BPA) and methyl methacrylate (MMA) for various pharmaceutical and cosmetic products is also propelling the market growth. Besides this, the growing utilization of cumene to produce acrylic sheets, composites, and laminates in construction, automotive, and medical applications is also augmenting the global market.
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Furthermore, numerous product innovations, such as the development of food-grade cumene for polycarbonate plastic-based containers and bottles, are also catalyzing the product demand. Several other factors, such as elevating levels of industrialization and the escalating demand for high octane cumene-derivatives, are anticipated to propel the cumene market over the forecasted period.
The report providing in-depth, comprehensive techno-economic analysis, including:
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Note: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally, and our estimates about the latest market trends and forecasts, are being done after considering the impact of this pandemic.
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About Us: Syndicated Analytics, a subsidiary of IMARC Group, offers consulting services and provides comprehensive market intelligence in the form of research reports, production cost reports, and feasibility studies. Our team, consisting of experienced researchers and analysts from diverse industries, is deeply committed to the quality of the information and insights delivered to the clients, which range from small and medium enterprises to Fortune 1000 companies. These firms are able to achieve this by studying the qualitative and quantitative aspects of the market as well as staying up-to-date with the current and evolving trends of the industry.