Indonesia Cumene Market (2025-2031) Outlook | Companies, Analysis, Value, Industry, Share, Forecast, Revenue, Size, Trends & Growth

Indonesia Cumene Market Synopsis

The cumene market size was valued at USD 715 Million In 2018 and Is Expected To Reach A Value Of USD 823 Million By 2025 Registering A Growth Rate Of 2%, During The Forecast Period Growing Demand From End Use Industries Such As Paints And Coatings Industry Along With Increase In Construction Activities Are Some Of The Factors Driving The Growth Of This Sector In Indonesia.

Drivers of the Market

The Indonesia Cumene market is closely tied to the petrochemical industry, particularly in the production of phenol and acetone. The growth in demand for phenol, which is used in various applications such as plastics, adhesives, and coatings, has a direct impact on the cumene market. Industrial expansion, urbanization, and the growth of downstream industries play a role in driving the demand for phenol and, consequently, cumene.

Challenges of the Market

The industry confronts challenges such as volatile crude oil prices impacting feedstock costs, regulatory considerations surrounding chemical manufacturing, and safety concerns due to the hazardous nature of cumene production. Adapting to market fluctuations and implementing robust safety measures will be essential for sustained growth.

COVID-19 Impact on the Market

The Indonesia Cumene market experienced fluctuations due to the COVID-19 pandemic. Cumene, a key raw material for phenol and acetone production, saw shifts in demand as industries such as automotive and electronics slowed down. Reduced manufacturing activities and supply chain disruptions impacted both production and consumption. As industrial sectors rebound and consumer demand rises, the cumene market is likely to stabilize and grow.

Key Players in the Market

Key players in the Indonesia cumene market consist of companies like PT Pertamina (Persero), PT Chandra Asri Petrochemical Tbk, and PT Sari Daya Plasindo. These players are significant in the production and supply of cumene, an important chemical used in the manufacturing of phenol and acetone.

Key Highlights of the Report:

• Indonesia Cumene Market Outlook
• Market Size of Indonesia Cumene Market, 2024
• Forecast of Indonesia Cumene Market, 2031
• Historical Data and Forecast of Indonesia Cumene Revenues & Volume for the Period 2021-2031
• Indonesia Cumene Market Trend Evolution
• Indonesia Cumene Market Drivers and Challenges
• Indonesia Cumene Price Trends
• Indonesia Cumene Porter's Five Forces
• Indonesia Cumene Industry Life Cycle
• Historical Data and Forecast of Indonesia Cumene Market Revenues & Volume By Type for the Period 2021-2031
• Historical Data and Forecast of Indonesia Cumene Market Revenues & Volume By Zeloite for the Period 2021-2031
• Historical Data and Forecast of Indonesia Cumene Market Revenues & Volume By Solid Phosphoric Acid for the Period 2021-2031
• Historical Data and Forecast of Indonesia Cumene Market Revenues & Volume By Aluminum Chloride for the Period 2021-2031
• Historical Data and Forecast of Indonesia Cumene Market Revenues & Volume By Application for the Period 2021-2031
• Historical Data and Forecast of Indonesia Cumene Market Revenues & Volume By Phenol for the Period 2021-2031
• Historical Data and Forecast of Indonesia Cumene Market Revenues & Volume By Acetone for the Period 2021-2031
• Historical Data and Forecast of Indonesia Cumene Market Revenues & Volume By Others for the Period 2021-2031
• Indonesia Cumene Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Application
• Indonesia Cumene Top Companies Market Share
• Indonesia Cumene Competitive Benchmarking By Technical and Operational Parameters
• Indonesia Cumene Company Profiles
• Indonesia Cumene Key Strategic Recommendations