Cumene Demand Growth to Replicate That of Phenol According to Merchant Research & Consulting Ltd.13 Jun 2011 • by Natalie Aster
LONDON – The outlook for future development of the cumene industry is closely tied to the performance of phenol derivatives. Cumene demand growth is forecast to reach almost the same rates as that of phenol. In the last five-year period this index stood at 3-4% annually.
Cumene market is likely to experience growth thanks to the construction and automobile industries that are bouncing back to the 2007-2008 market volumes. The USA will remain the largest cumene exporter, however as for the production development China is ready to compete with other big players on the cumene market.
Detailed review and forecast on global, regional and country markets of сumene can be found in the new market research report “Cumene: 2011 World Market Outlook And Forecast” that covers present situation, historical background and future forecast and addresses comprehensive data showing сumene capacities, production, consumption, trade statistics, and prices in the recent years are provided (globally, regionally and by country).
Cumene: 2011 World Market Outlook And Forecast
Published: January, 2011
The report indicates a wealth of information on сumene producers and suppliers, covers сumene production in the respective country, major сumene producers, сumene consumption in the country market, сumene trade in the country, сumene prices. Сumene market forecast for next five years, including market volumes and prices is also provided.
The study on сumene has been completed by Merchant Research & Consulting Ltd, an internationally recognized market research agency, specializing in chemical industry. “Cumene: 2011 World Market Outlook And Forecast” is included into the catalogue “Petrochemicals”, which also highlights Acetone, Caprolactam (CPL), Ethylbenzene (EB), Ethylene, Formaldehyde, Melamine, Phenol, Phthalic Anhydride (PA), Styrene, Toluene markets.
Monthly report updates for “Cumene: 2011 World Market Outlook And Forecast” are available at http://mcgroup.co.uk/periodicals/monthly
Merchant Research & Consulting Ltd.
Julia Hill, Sales Manager
Tel: +44 20 7558 8740
Fax: +44 (20) 7900-3970