Europe Cumene Market Report and Forecast 2024-2032

Europe Cumene Market Report and Forecast 2024-2032


Market Outlook

According to the report by Expert Market Research (EMR), the Europe cumene market attained a volume of 15 MMT in 2023, accounting for about a fifth of the global cumene market. Aided by the escalating demand in the chemical sector, particularly in phenol and acetone production, the market is expected to grow significantly by 2032.

Cumene, scientifically known as isopropylbenzene, is a critical organic compound that lays the foundation for producing phenol and acetone, both of which have substantial industrial applications. Its significance is especially pronounced in Europe's vast chemical sector, which continually seeks high-grade raw materials to deliver quality end-products.

The increasing industrialisation across major European economies has been a pivotal factor driving the Europe cumene market growth. This is particularly evident in the sectors of automotive manufacturing and construction where paints, plastics, and adhesives, many derived from cumene-based chemicals, are extensively utilised.

Furthermore, the chemical industry's reliance on cumene for producing acetone and phenol is noteworthy. Acetone's broad-spectrum applications, ranging from solvent production to pharmaceuticals, and phenol's utilisation in manufacturing polycarbonates and epoxies underscore the indispensability of cumene in Europe's industrial landscape.

Additionally, the Europe cumene market demand is characterised by its commitment to sustainability and innovation. This is evident in the industry's shift towards greener production processes, waste minimisation, and the development of high-yield cumene production methods. Such sustainable practices not only align with Europe's environmental objectives but also ensure cost-effective production, driving market growth.

Moreover, the market's potential remains untapped. Advanced research methodologies and investments in technology have enabled the exploration of novel applications for cumene. As per the Europe cumene market analysis, the increasing popularity of bio-based cumene, produced using sustainable raw materials, is set to redefine the market dynamics in the coming years.

Another positive trend is the growing collaboration between industry players, research institutions, and governments. Such partnerships are fostering innovation, promoting the exchange of best practices, and aiding in the development of a robust infrastructure, ensuring the steady growth of the cumene market in Europe. Countrywise, well-established economies such as Germany and France hold a significant Europe cumene market share.

Market Segmentation

The market can be divided based on application, manufacturing process, and country.

Market Breakup by Application
  • Phenol
  • Acetone
  • Others
Market Breakup by Manufacturing Process
  • Zeolite Catalysts
  • Aluminum Chloride Catalyst
  • Solid Phosphoric Acid (SPA) Catalyst
  • Others
Market Breakup by Country
  • United Kingdom
  • Germany
  • France
  • Italy
  • Others
Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Europe cumene market. Some of the major players explored in the report by Expert Market Research are as follows:
  • Petrochemicals Europe
  • Domo Chemicals GmbH
  • Royal Dutch Shell Plc
  • Borealis AG
  • Cepsa
  • Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.


1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Europe
7 Opportunities and Challenges in the Market
8 Global Cumene Market Overview
8.1 Key Industry Highlights
8.2 Global Cumene Historical Market (2018-2023)
8.3 Global Cumene Market Forecast (2024-2032)
8.4 Global Cumene Market by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 Europe Cumene Market Analysis
9.1 Key Industry Highlights
9.2 Europe Cumene Historical Market (2018-2023)
9.3 Europe Cumene Market Forecast (2024-2032)
9.4 Europe Cumene Market by Application
9.4.1 Phenol
9.4.1.1 Historical Trend (2018-2023)
9.4.1.2 Forecast Trend (2024-2032)
9.4.2 Acetone
9.4.2.1 Historical Trend (2018-2023)
9.4.2.2 Forecast Trend (2024-2032)
9.4.3 Others
9.5 Europe Cumene Market by Manufacturing Process
9.5.1 Zeolite Catalysts
9.5.1.1 Historical Trend (2018-2023)
9.5.1.2 Forecast Trend (2024-2032)
9.5.2 Aluminum Chloride Catalyst
9.5.2.1 Historical Trend (2018-2023)
9.5.2.2 Forecast Trend (2024-2032)
9.5.3 Solid Phosphoric Acid (SPA) Catalyst
9.5.3.1 Historical Trend (2018-2023)
9.5.3.2 Forecast Trend (2024-2032)
9.5.4 Others
9.6 Europe Cumene Market by Country
9.6.1 United Kingdom
9.6.2 Germany
9.6.3 France
9.6.4 Italy
9.6.5 Others
10 Regional Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter’s Five Forces Analysis
11.2.1 Supplier’s Power
11.2.2 Buyers Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Value Chain Analysis
13 Trade Data Analysis
13.1 Major Exporting Countries
13.1.1 By Value
13.1.2 By Volume
13.2 Major Exporting Countries
13.2.1 By Value
13.2.2 By Volume
14 Price Analysis
14.1 United Kingdom Historical Price Trends (2018-2023) and Forecast (2024-2032)
14.2 Germany Historical Price Trends (2018-2023) and Forecast (2024-2032)
14.3 France Historical Price Trends (2018-2023) and Forecast (2024-2032)
14.4 Italy Historical Price Trends (2018-2023) and Forecast (2024-2032)
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Petrochemicals Europe
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Domo Chemicals GmbH
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Royal Dutch Shell Plc
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Borealis AG
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Cepsa
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Others
16 Key Trends and Developments in the Market
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operations Involved
2 Project Requirements and Cost Analysis
2.1 Land, Location, and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Materials
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investments
List of Key Figures and Tables
1. Global Cumene Market: Key Industry Highlights, 2018 and 2032
2. Global Cumene Historical Market: Breakup by Region (MMT), 2018-2023
3. Global Cumene Market Forecast: Breakup by Region (MMT), 2024-2032
4. Europe Cumene Market: Key Industry Highlights, 2018 and 2032
5. Europe Cumene Historical Market: Breakup by Application (MMT), 2018-2023
6. Europe Cumene Market Forecast: Breakup by Application (MMT), 2024-2032
7. Europe Cumene Historical Market: Breakup by Manufacturing Process (MMT), 2018-2023
8. Europe Cumene Market Forecast: Breakup by Manufacturing Process (MMT), 2024-2032
9. Europe Cumene Historical Market: Breakup by Country (MMT), 2018-2023
10. Europe Cumene Market Forecast: Breakup by Country (MMT), 2024-2032
11. Major Importing Countries by Volume (2020)
12. Major Exporting Countries by Volume (2020)
13. Major Importing Countries by Value (2020)
14. Major Exporting Countries by Value (2020)
15. United Kingdom Historical Price Trends and Forecast 2018-2028
16. Germany Historical Price Trends and Forecast 2018-2028
17. France Historical Price Trends and Forecast 2018-2028
18. Italy Historical Price Trends and Forecast 2018-2028
19. Europe Cumene Market Structure

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