Sustainability in Focus: What’s Next for the Material Industry?
The Cumene Market, valued at USD 25.32 billion in 2024, is anticipated to grow at a compound annual growth rate (CAGR) of 5.5%, reaching approximately USD 38.85 billion by 2032. This growth is fueled by increasing demand for phenol and acetone, key derivatives of cumene, across various industries including plastics, resins, and synthetic rubber.