Phenol/cumene - Propylene Market Statistics
The global phenol/cumene propylene market size was valued at US$ 2,113.1 million in 2022 and is estimated to grow at a compound annual growth rate (CAGR) of 5.6% from 2022 to 2030.
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Phenol/cumene - Propylene market highlights
- The global phenol/cumene segment generated a revenue of USD 2,113.1 million in 2022 and is expected to reach USD 3,254.7 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 5.7% by 2030.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, New Zealand is expected to register the highest CAGR from 2023 to 2030.
Market summary
| Market revenue in 2022 | USD 2,113.1 million |
| Market revenue in 2030 | USD 3,254.7 million |
| Growth rate | 5.7% (CAGR from 2023 to 2030) |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
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Propylene Market Scope
Propylene market segmentation & scope
Polyethylene
Cyclohexane
Nitrobenzene
Alkyl benzene
Solvents
TDI
Formaldehyde
Gasoline
Acetic Acid
MTBE
Dimethyl Ether
MTO/MTP
Monomers
SB Rubber
Butadiene rubber
ABS
SB latex
Ethylene Oxide
EDC
Ethyl benzene
Others
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