Product Code: ETC321501 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The China Cumene Market may undergo a gradual slowdown in growth rates between 2025 and 2029. Beginning strongly at 10.46% in 2025, growth softens to 7.66% in 2029.
The Cumene Market in China is expanding due to its application as a precursor in the production of phenol and acetone. Cumene is used in various industries, including chemicals and pharmaceuticals. The market is driven by the growth of the chemical manufacturing sector and increasing demand for phenolic products. Technological advancements in cumene production and the rise of industrial applications are also contributing to market development.
The cumene market in China is driven by its use as a key raw material in the production of phenol and acetone, which are essential for various industrial applications. The growth in the automotive, construction, and electronics industries supports demand for cumene. Additionally, advancements in production technology and increased investments in chemical manufacturing contribute to market growth. The rise in industrial activities and the need for high-quality chemical intermediates further drive demand.
The China cumene market faces challenges such as volatile raw material prices and environmental regulations. Cumene production is heavily reliant on the availability and cost of feedstocks, which can fluctuate. Additionally, compliance with environmental regulations requires investment in cleaner technologies and practices, which can impact production costs.
The cumene market in China is influenced by environmental and safety regulations. The "Regulations on the Safety Management of Hazardous Chemicals" impose strict guidelines on the production, storage, and transportation of cumene. The government also supports the development of cleaner production technologies and provides incentives for companies that reduce environmental impact.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 China Cumene Market Overview |
3.1 China Country Macro Economic Indicators |
3.2 China Cumene Market Revenues & Volume, 2021 & 2031F |
3.3 China Cumene Market - Industry Life Cycle |
3.4 China Cumene Market - Porter's Five Forces |
3.5 China Cumene Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 China Cumene Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 China Cumene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Rapid industrialization and urbanization in China leading to increased demand for cumene-based products. |
4.2.2 Growing manufacturing sector in China, particularly in the chemicals and plastics industries, driving the demand for cumene. |
4.2.3 Favorable government policies and initiatives supporting the growth of the chemical industry in China. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the cost of cumene production. |
4.3.2 Environmental concerns and regulations related to the production and use of cumene. |
4.3.3 Intense competition within the cumene market in China leading to price wars and margin pressures. |
5 China Cumene Market Trends |
6 China Cumene Market, By Types |
6.1 China Cumene Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 China Cumene Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 China Cumene Market Revenues & Volume, By Zeloite, 2021-2031F |
6.1.4 China Cumene Market Revenues & Volume, By Solid Phosphoric Acid, 2021-2031F |
6.1.5 China Cumene Market Revenues & Volume, By Aluminum Chloride, 2021-2031F |
6.2 China Cumene Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 China Cumene Market Revenues & Volume, By Phenol, 2021-2031F |
6.2.3 China Cumene Market Revenues & Volume, By Acetone, 2021-2031F |
6.2.4 China Cumene Market Revenues & Volume, By Others, 2021-2031F |
7 China Cumene Market Import-Export Trade Statistics |
7.1 China Cumene Market Export to Major Countries |
7.2 China Cumene Market Imports from Major Countries |
8 China Cumene Market Key Performance Indicators |
8.1 Capacity utilization rate of cumene production facilities in China. |
8.2 Research and development investment in cumene-based product innovations. |
8.3 Number of new product launches using cumene as a key ingredient. |
8.4 Adoption rate of cumene-based products in downstream industries. |
8.5 Environmental impact assessments and compliance levels in cumene production facilities. |
9 China Cumene Market - Opportunity Assessment |
9.1 China Cumene Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 China Cumene Market Opportunity Assessment, By Application, 2021 & 2031F |
10 China Cumene Market - Competitive Landscape |
10.1 China Cumene Market Revenue Share, By Companies, 2024 |
10.2 China Cumene Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |