世界のフェノール市場 – 2031 年までの業界動向と予測

フェノール市場の分析と規模

フェノールは防腐作用があるため、消毒剤や消毒液の貴重な成分として医療業界で使用されています。また、溶剤としての効果も高く、グリースや油などの頑固な汚染物質を除去できるため、工業用洗浄製品にも好まれています。木材の防腐処理にも使用され、木材を腐敗や害虫から守ります。これらの用途以外にも、フェノールは染料、洗剤、除草剤の製造にも利用されており、さまざまな分野でその汎用性と重要性を示しています。その結果、フェノール市場は、業界全体にわたる幅広い用途と利点によって成長を続けています。

Data Bridge Market Researchは、世界のフェノール市場は2031年までに330.3億米ドル、2023年には247億米ドルに達し、2024年から2031年の予測期間中に3.7%のCAGRを記録すると分析しています。市場価値、成長率、セグメンテーション、地理的範囲、主要プレーヤーなどの市場シナリオに関する洞察に加えて、Data Bridge Market Researchがまとめた市場レポートには、詳細な専門家の分析、地理的に表された企業別の生産量と生産能力、販売業者とパートナーのネットワークレイアウト、詳細で最新の価格動向分析、サプライチェーンと需要の不足分析も含まれています。

フェノール市場の範囲とセグメンテーション

Market Definition

Phenol is a chemical compound with the molecular formula C6H5OH, also known as carbolic acid. It is a mildly acidic white crystalline solid with a distinct, sweet odor. Phenol is soluble in water, alcohol, and ether, and it is highly reactive due to the presence of a hydroxyl group (-OH) attached to a benzene ring. It is used in various industries as a precursor to plastics, resins, and pharmaceuticals, and it also has antiseptic properties, making it useful in disinfectants and medicinal applications.

Global Phenol Market Dynamics

Drivers

• Expanding Automotive and Construction Industries

Phenol is used in the production of various materials used in these industries, such as insulation materials and laminates, contributing to the market's growth.  For instance, in June 2023, INEOS and BASF revealed a collaboration to advance and market innovative technologies based on phenol. This partnership aims to develop novel processes for phenol and its derivatives’ production alongside exploring fresh applications for materials derived from phenol. The growth of the automotive and construction industries, particularly in emerging economies, is driving the demand for phenol and favoring market growth.

• Growing Applications in Phenolic Resins

Phenolic resins are one of the major drivers of the market. These resins are widely used in coatings, adhesives, and molded products due to their excellent thermal and chemical resistance properties. For instance, in November 2022, ASK Chemicals Group finalized the purchase of the industrial resins business from the US-based SI Group. The acquisition encompasses resin manufacturing facilities in Rio Claro (Brazil), Ranjangaon (India), and Johannesburg (South Africa), and licensed technology and the completion of several tolling agreements worldwide. This acquisition strengthens ASK Chemicals' presence in the foundry market and marks a significant stride in establishing a phenolic industrial resin business. The increasing demand for phenolic resins is fueling the market growth.

• Innovations in Production Processes

Innovations in phenol production processes are also driving the market. New technologies and processes are being developed to produce phenol more efficiently and sustainably, reducing production costs and environmental impact and driving market growth.

Opportunity

• Emerging Applications in Healthcare and Pharmaceuticals

Phenol and its derivatives are finding new applications in the healthcare and pharmaceutical industries, such as in producing pharmaceuticals, disinfectants, and medical devices. Phenol is a vital component in the pharmaceutical sector, primarily functioning as a precursor for a range of drugs, such as aspirin and other pharmaceutical formulations. Its chemical properties make it a key ingredient in synthesizing these medications, enabling the production of high-quality and effective pharmaceutical products. Furthermore, phenol's antiseptic properties make it a valuable remedy for conditions such as pharyngitis, where it is used in throat sprays and lozenges to alleviate symptoms and promote healing, which is creating new opportunities for the market to grow.

• Focus on Recycling and Sustainable Bio-Based Phenol

The market is witnessing a notable shift towards bio-based phenol sourced from renewable raw materials. This transition is driven by a rising consumer preference for sustainable products, prompting industries to seek environmentally friendly alternatives. With increasing emphasis on sustainability, there is a growing focus on recycling phenol and its derivatives. Companies that can develop innovative recycling technologies and promote a circular economy approach will have a competitive advantage in the market. Cepsa Quimica SA, a materials manufacturer, commenced production of an environmentally friendly variant of phenol in April 2022, a crucial feedstock for engineering resin production, as reported by Sustainable Plastics. Marketed under the brand name NextPhenol, this sustainable phenol produced by the Madrid-based CQ can be utilized to manufacture nylon, polycarbonate, methyl methacrylate, and coatings. Focus on sustainability will create more opportunities for market growth.

Restraints/Challenges

• Ban on BPA Impacts Phenol Derivatives

The challenge posed by the ban on Bisphenol-A (BPA) affecting the phenol derivatives market arises from the fact that BPA is a key ingredient in producing various phenol derivatives, such as polycarbonate plastics and epoxy resins. For instance, In December 2021, the EFSA's Panel on Food Contact Materials, Enzymes, and Processing Aids proposed a new recommendation for Bisphenol-A (BPA) intake, suggesting a limit of 0.04 nanograms per kilogram of body weight per day. This is a significant reduction from the temporary limit of 4 micrograms per kilogram of body weight per day set in 2015. The panel highlighted an increase in a specific type of immune system cell related to allergic lung inflammation as the most sensitive health effect linked to BPA exposure along with reproductive and developmental effects, presenting a huge challenge for the market.

• Fluctuating Phenol's production cost

The impact of price volatility on market stability is significant for the phenol market. For manufacturers and buyers of phenol and its derivatives, the uncertainty in pricing makes it challenging to plan and budget effectively. Rapid price changes can disrupt supply chains, leading to inventory management issues and increased costs for businesses, which is major challenge for the market.

This phenol market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the phenol market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Developments

• In January 2023, Formosa Chemicals & Fibre Corporation and Mitsubishi Chemical Corporation disclosed a collaboration to advance and market novel composite materials derived from phenol. This partnership aims to create materials that surpass current phenol-based options in terms of strength, weight, and durabililty
• In August 2022, INEOS Phenol revealed the purchase of Mitsui Phenols Singapore Ltd's asset base from Mitsui Chemicals for a total of USD 330 million. This acquisition includes the Jurong phenol and BPA assets, offering integration prospects with existing manufacturing facilities in Germany, Belgium, and the U.S. The acquisition is set to augment the total production capacity by 1 million tonnes

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Global Phenol Market Scope

The phenol market is segmented on the basis of product type, manufacturing process, classification, application, and end-users. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product Type

• Phenolic Resins
• Caprolactum
• Bisphenol-A
• Other

Manufacturing Process

• Cumene Process
• Dow Process
• Ranching–Hooker Process

Classification

• Monohydric
• Dihydric
• Trihydric

Application

• Epoxy Resins
• Polycarbonates
• Nylon
• Bakelite
• Detergents
• Phenolic Resins
• Pharmaceutical Drugs
• Herbicides

End-Users

• Bisphenol A
• Phenolic Resins
• Caprolactam
• Others

Global Phenol Market Regional Analysis/Insights

The phenol market is analyzed and market size insights and trends are provided by country, product type, manufacturing process, classification, application, and end-users as referenced above.

The countries covered in the market report are U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, and Rest of South America.

Asia-Pacific is expected to dominate the market due to its significant consumption and production of phenol, the growing economies of developing nations and increased investment in the region.

Europe and North America is expected to be the fastest growing region due to environmental regulations concerning phenol usage in these regions.

レポートの国別セクションでは、市場の現在および将来の傾向に影響を与える個別の市場影響要因と市場規制の変更も提供しています。下流および上流のバリュー チェーン分析、技術動向、ポーターの 5 つの力の分析、ケース スタディなどのデータ ポイントは、個々の国の市場シナリオを予測するために使用される指標の一部です。また、国別データの予測分析を提供する際には、グローバル ブランドの存在と可用性、および地元および国内ブランドとの競争が激しいか少ないために直面​​する課題、国内関税と貿易ルートの影響も考慮されます。   

競争環境と世界のフェノール市場シェア分析

フェノール市場の競争状況は、競合他社ごとに詳細を提供します。含まれる詳細には、会社概要、会社の財務状況、収益、市場の可能性、研究開発への投資、新しい市場への取り組み、世界的なプレゼンス、生産拠点と施設、生産能力、会社の強みと弱み、製品の発売、製品の幅と広さ、アプリケーションの優位性などがあります。提供されている上記のデータ ポイントは、フェノール市場に関連する会社の焦点にのみ関連しています。

フェノール市場で活動している主要企業には、

• KUMHO P&B CHEMICALS., INC.（韓国）
• TPCC（中国）
• シェル plc (英国)
• 三井化学株式会社（日本）
• LG化学（韓国）
• ハネウェルインターナショナル社（米国）
• ソルベイ（ベルギー）
• アディティア・ビルラ・グループ（インド）
• 盛泉グループ（中国）
• PTTフェノールカンパニーリミテッド（タイ）
• バイエルAG（ドイツ）
• アドバンシックス（米国）
• セプサ（スペイン）
• イネオス（英国）
• Domo Investment Group NV. (ベルギー)
• アルティビア（米国）
• フォルモサプラスチックスコーポレーション（台湾）
• プラソルケミカルズ株式会社（インド）
• サソル株式会社（南アフリカ）
• 中国ナショナルブルースター（グループ）株式会社（中国）
• メルクKGaA（ドイツ）

SKU-57380