Product Code: ETC321506 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Malaysia Cumene Market may undergo a gradual slowdown in growth rates between 2025 and 2029. Beginning strongly at 8.17% in 2025, growth softens to 5.80% in 2029.
By 2027, Malaysia's Cumene market is forecasted to achieve a growing growth rate of 7.06%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.
Cumene is a key chemical used in the production of acetone and phenol, which have applications in various industries, including plastics and pharmaceuticals. The market outlook for cumene in Malaysia may be influenced by trends in these downstream industries, as well as global supply and demand dynamics for these chemicals.
Cumene is a key chemical used in the production of acetone and phenol, which have widespread applications in the chemical industry. Malaysia cumene market outlook is likely to be closely tied to the growth of downstream industries, such as plastics, resins, and pharmaceuticals. The country`s strategic location in Southeast Asia and its well-established petrochemical industry may offer competitive advantages for cumene production and export. Additionally, advancements in green chemistry and sustainable manufacturing processes could play a role in shaping the market`s future.
The Malaysia cumene market faces challenges, primarily driven by feedstock availability and pricing volatility. Cumene production relies on benzene and propylene, which are subject to price fluctuations influenced by crude oil prices and global market dynamics. This can affect the cost structure for cumene manufacturers and impact their competitiveness. Ensuring a stable supply of feedstocks and developing risk management strategies to navigate price volatility will be essential for the cumene market.
The Malaysia cumene market, like many other chemical sectors, felt the shockwaves of the COVID-19 pandemic. Cumene, a key intermediate in the production of phenol and acetone, saw fluctuations in demand as industries reeled from lockdowns and supply chain disruptions. Nevertheless, the market`s outlook remains cautiously optimistic, with the resurgence of industrial activities and the need for pharmaceuticals and healthcare products. The development of innovative applications for cumene could also shape the market`s future, with potential growth in the automotive and electronics sectors.
The Malaysia Cumene market is expected to grow with increasing demand in the chemical and petrochemical sectors. Key players include Petronas Chemicals Group, ExxonMobil Malaysia, and Shell Malaysia.
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 Malaysia Cumene Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Cumene Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Cumene Market - Industry Life Cycle |
3.4 Malaysia Cumene Market - Porter's Five Forces |
3.5 Malaysia Cumene Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Malaysia Cumene Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Malaysia Cumene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Malaysia Cumene Market Trends |
6 Malaysia Cumene Market, By Types |
6.1 Malaysia Cumene Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Cumene Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Malaysia Cumene Market Revenues & Volume, By Zeloite, 2021-2031F |
6.1.4 Malaysia Cumene Market Revenues & Volume, By Solid Phosphoric Acid, 2021-2031F |
6.1.5 Malaysia Cumene Market Revenues & Volume, By Aluminum Chloride, 2021-2031F |
6.2 Malaysia Cumene Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Cumene Market Revenues & Volume, By Phenol, 2021-2031F |
6.2.3 Malaysia Cumene Market Revenues & Volume, By Acetone, 2021-2031F |
6.2.4 Malaysia Cumene Market Revenues & Volume, By Others, 2021-2031F |
7 Malaysia Cumene Market Import-Export Trade Statistics |
7.1 Malaysia Cumene Market Export to Major Countries |
7.2 Malaysia Cumene Market Imports from Major Countries |
8 Malaysia Cumene Market Key Performance Indicators |
9 Malaysia Cumene Market - Opportunity Assessment |
9.1 Malaysia Cumene Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Malaysia Cumene Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Malaysia Cumene Market - Competitive Landscape |
10.1 Malaysia Cumene Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Cumene Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |