For the fifth consecutive year, the Ugandan cumene market recorded growth in sales value, which increased by 0% to less than $0.1 in 2024. Over the period under review, consumption recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with a decrease of 99.9% against the previous year. Cumene consumption peaked at $674 in 2018; however, from 2019 to 2024, consumption stood at a somewhat lower figure.

For the fifth year in a row, the Sudanese cumene market recorded growth in sales value, which increased by 0% to less than $0.1 in 2024. In general, consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 with a decrease of 99.9% against the previous year. Cumene consumption peaked at $4.9K in 2018; however, from 2019 to 2024, consumption remained at a lower figure.

For the fourth year in a row, the Panamanian cumene market recorded growth in sales value, which increased by 0% to less than $0.1 in 2024. Over the period under review, consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with a decrease of 99.9% against the previous year. Cumene consumption peaked at $7.7K in 2019; however, from 2020 to 2024, consumption stood at a somewhat lower figure.

In 2024, the Canadian cumene market was finally on the rise to reach $51K for the first time since 2021, thus ending a two-year declining trend. Overall, consumption, however, saw a slight expansion. As a result, consumption attained the peak level of $88K. From 2019 to 2024, the growth of the market remained at a lower figure.

For the fifth year in a row, the Angolan cumene market recorded growth in sales value, which increased by 0% to less than $0.1 in 2024. In general, consumption recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with a decrease of 99.9%. Cumene consumption peaked at $219 in 2018; however, from 2019 to 2024, consumption remained at a lower figure.

The global benzene market, valued at $34.49 billion in 2025, is projected to experience steady growth, driven by increasing demand from downstream industries. A Compound Annual Growth Rate (CAGR) of 3.77% from 2025 to 2033 indicates a significant expansion, primarily fueled by the robust growth of the plastics and polymers sector. Key applications like styrene, cumene, and cyclohexane production are major contributors to this demand. Catalytic reforming and steam cracking remain the dominant production methods, although the market is witnessing a gradual shift towards more efficient and sustainable alternatives. Geographic distribution shows strong presence in regions like Asia-Pacific (particularly China and other rapidly industrializing nations), North America (led by the US), and Europe (especially Germany). The competitive landscape is characterized by the presence of several large integrated petrochemical companies, including BASF, Dow Chemical, ExxonMobil, and others. These companies employ a range of competitive strategies such as technological advancements, strategic partnerships, and regional expansion to maintain their market share. However, fluctuating crude oil prices, environmental regulations, and economic downturns represent significant challenges for market growth. The historical period (2019-2024) likely saw some volatility reflecting global economic conditions, but the forecast period suggests a more stable, albeit moderate, growth trajectory. The market segmentation by derivative type highlights the importance of styrene, cumene, and cyclohexane, which together account for a substantial portion of benzene consumption. Continued innovation in catalyst technology for reforming and cracking processes will likely influence market dynamics in the coming years. Furthermore, growth in the construction, automotive, and packaging industries will positively impact benzene demand, while increasing awareness of benzene's potential health hazards may necessitate the development of safer handling and processing techniques. The success of individual players hinges on their ability to adapt to changing regulations, optimize production efficiency, and innovate to meet evolving market needs. Market consolidation through mergers and acquisitions could also reshape the competitive landscape during the forecast period.

The Sodium Cumene Sulfonate (SCS) market is experiencing robust growth, driven by its increasing applications in various industries. While precise market size figures for the historical period (2019-2024) are unavailable, a reasonable estimation, based on typical CAGR ranges observed in similar specialty chemical markets and considering the ongoing expansion of industries using SCS, suggests a market size of approximately $500 million in 2024. Assuming a conservative CAGR of 5% (a figure which can vary depending on economic conditions and technological advancements), the market is projected to reach approximately $700 million by 2025 and further grow to approximately $1 billion by 2033. This growth is fueled by several key drivers, including the rising demand for detergents and surfactants in the homecare and industrial cleaning sectors. The expanding textile industry, with its reliance on SCS as a wetting agent, further contributes to market expansion. Additionally, emerging applications in oilfield chemicals and other specialized industrial processes are creating new growth avenues. However, the market faces certain restraints. Fluctuations in raw material prices, particularly cumene, directly impact SCS production costs and profitability. Environmental regulations concerning the use of certain chemicals can also influence demand. Market segmentation reveals a significant share held by the detergent and surfactant sector, followed by the textile industry and others. Key players like Stepan Company, Sasol, and BÜFA Chemikalien are shaping the market through innovation and strategic expansions. Regional distribution likely varies, with developed economies such as North America and Europe holding substantial market share, but emerging economies in Asia exhibiting strong growth potential. Continuous research and development focused on environmentally friendly alternatives and improved performance characteristics will be crucial for sustained market growth.

The Ecuadorian cumene market reached $9.6K in 2024, remaining constant against the previous year. In general, consumption, however, recorded a slight decline. Over the period under review, the market attained the maximum level at $68K in 2018; however, from 2019 to 2024, consumption remained at a lower figure.

Statistics illustrates consumption, production, prices, and trade of Cumene in Pitcairn Islands from Jan 2019 to Sep 2025.

Statistics illustrates consumption, production, prices, and trade of Cumene in Faroe Islands from Jan 2019 to Oct 2025.