It is projected to remain the leading segment and register the highest CAGR of 4.4% through 2030.

WILMINGTON, DE, UNITED STATES, November 20, 2025 /EINPresswire.com/ -- According to a report published by Allied Market Research titled “Cumene Market By Production Technology (Zeolite, Solid Phosphoric Acid, Aluminum Chloride), By Application (Phenol, Acetone, Others): Global Opportunity Analysis and Industry Forecast, 2021–2030),” the global cumene market was valued at $18.6 billion in 2020 and is projected to reach $28.0 billion by 2030, growing at a CAGR of 4.3% from 2021 to 2030.

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Market Drivers, Restraints, and Opportunities:

A surge in demand for phenol, acetone, and their derivatives, along with rising utilization of phenolic resins and bisphenol-A, is driving global market growth. However, volatile crude oil prices and health hazards associated with cumene exposure pose significant challenges. On the other hand, rapid advancements in the aviation sector and increasing demand for paints and enamels are expected to create lucrative opportunities in the years ahead.

Segment Highlights:-

Zeolite Segment to Maintain Dominance:

- In 2020, the zeolite-based production technology segment accounted for over half of the global market.
- It is projected to remain the leading segment and register the highest CAGR of 4.4% through 2030.
- Growth is driven by zeolite’s efficiency as a catalyst in various organic reactions.

Phenol Segment Leads by Application:

- The phenol segment captured nearly three-fourths of the market share in 2020.
- It is expected to exhibit the fastest CAGR of 4.4% during the forecast period.
- Strong demand stems from its application in healthcare, household products manufacturing, and industrial intermediates.

Regional Analysis:

Asia-Pacific, followed by Europe and North America, dominated the market in 2020—accounting for nearly 50% of global cumene consumption.
The region is expected to maintain its leadership and record the highest CAGR of 4.6% through 2030, driven by:

- Rapid industrialization
- Growing production of cosmetics and personal care items
- Increasing investments in manufacturing and chemical processing

Key Market Players:

- Royal Dutch Shell Plc.
- Exxon Mobil Corporation
- Total S.A.
- BP Plc.
- Sumitomo Chemical Co.
- Axiall Corporation
- SABIC
- BASF SE
- The Dow Chemical Company
- JX Nippon Oil & Energy Corporation

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About Us:

Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

David Correa
Allied Market Research
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