Global Phenol Derivatives Market – Industry Trends and Forecast to 2028

Market Analysis and Insights : Global Phenol Derivatives Market

The phenol derivatives market is expected to be growing at a growth rate of 7.3% in the forecast period of 2021 to 2028. The phenol derivatives market report analyses the growth, which is currently being growing due to the rising of the household products manufacturing, such as floor coverings, foam settings, and bedding products.

Phenol derivatives like alkylphenol, caprolactam and bisphenol A are utilized in the production of industrial grade compounds, electronics, paints, and other products. Phenol is an aromatic white crystalline compound with closely bonded groups of phenyls and hydroxy. It is majorly utilized as precursor for formulating important industrial compounds such as plastics and related materials.

 Major factors that are expected to boost the growth of the phenol derivatives market in the forecast period are the growing need from the advancing countries, the increasing demand from the end use industries and the development in the wind energy sector. On the other hand, the generation of hazardous waste during production of phenol is further anticipated to propel the growth of the phenol derivatives market in the timeline period.

In addition, the extraction of raw material from shale oil or tight oil will further provide the growth of the phenol derivatives market in the coming years. However, the health and safety issues related with phenol derivatives that might further challenge the growth of the phenol derivatives market in the near future.

This phenol derivatives market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised 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, geographical expansions, technological innovations in the market. To gain more info on the phenol derivatives market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Phenol Derivatives Market Scope and Market Size

The phenol derivatives market is segmented on the basis of raw material, technology and derivative. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets. 

• On the basis of raw material, the phenol derivatives market is segmented into benzene, propylene, and toluene. Propylene is further sub segmented into optical media, automotive, electrical and electronic appliances.
• On the basis of technology, the phenol derivatives market is segmented into cumene peroxidation process, Rasching process, toluene two stage oxidation process, sulphonation process.
• On the basis of derivative, the phenol derivatives market is segmented into bisphenol-a, phenolic resin, caprolactam, alkylphenol. Bisphenol-a is further sub segmented into polycarbonate, epoxy resin and other derivatives. Propylene is further sub segmented into optical media, automotive, electrical and electronic appliances. Epoxy resin is further sub segmented into marine, can coating and others. Phenolic resin is further sub segmented into Bakelite and others. Bakelite is further sub segmented into coating industry and adhesives. Caprolactam is further sub segmented into nylon fiber. Nylon fiber is further sub segmented into textile or fabric and industrial yarn. Alkylphenol is further sub segmented into detergents, additives. Other derivatives is further sub segmented into aminophenol and cresol. Aminophenol is further sub segmented into dye and pharmaceutical drugs. Cresol is further sub segmented into antioxidants and pesticides.

Phenol Derivatives Market Country Level Analysis

The phenol derivatives market is analysed and market size, volume information is provided by country, raw material, technology and derivative as referenced above.    

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

Asia pacific dominates the phenol derivatives market due to the duty rationalization for the raw materials and the improvised infrastructure and the constant government support through several revised guidelines and policies along with the rapid development of the transportation of infrastructure. Additionally, the growing per capita income of the individuals will further boost the growth of the phenol derivatives market in the region during the forecast period.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Phenol Derivatives Market Share Analysis

The phenol derivatives market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to phenol derivatives market.

The major players covered in the phenol derivatives market report are Dow, SABIC, Mitsui Chemicals, Inc., INEOS Group Ltd, Cepsa, Honeywell International Inc., LG Chem., Royal Dutch Shell plc, KUMHO PETROCHEMICAL., PTT Global Chemical Public Company Limited, Solvay, Chang Chun Group., Versalis S.p.A., Taiwan Prosperity Chemical Corporation, Altivia., Department of Automatic Control - Lund University, Hexion., Domo Chemicals, Novapex Technologies Inc., ALLNEX GMBH, IMEXBB, The Axiall Corporation, Borealis AG, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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