The next decade to witness stipulated growth of the Phenol Market at a CAGR of 6.8% from 2021 to 2031

Phenol Market 2022-2027

New Study Reports "Phenol Market 2022 Global Analysis By Key Regions, Production, Consumption, Revenue, Applications, Growth and Forecasts 2027" has been Added on PersistenceMarketResearch.

Report Details:

This report provides in depth study of "Phenol Market" using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Phenol Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.

The global phenol market is predicted to witness a robust CAGR of 6.8% from 2017 to 2027.

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Global Phenol Market.JPG

Phenol is an aromatic compound commonly known as carbolic acid that has a similar structure to alcohol but with higher levels of acidity. The global phenol market is driven in large part by the surging demand for bisphenol - A. The demand in the global phenol market is substantially influenced by general macroeconomic factors and thus, the consumption of phenol has a direct relation to the growth patterns of major world economies. Phenol is widely used in many different applications including medical, electrical, textile wood, resin paint, and dyeing. Key Players:

The report has profiled some of the important players prevalent in the global like - ALTIVIA Chemicals, Ineos Group Limited, Domo Investment Group, Deepak Nitrite Limited, CEPSA Química, PTT Global Chemical Public Company Limited, Solvay SA, Mitsui Chemicals, AdvanSix Inc., and Royal Dutch Shell and more.

This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Phenol Market.

The Bisphenol -A segment is projected to account for a revenue share approaching half of the end use segment at the end of 2017. The Bisphenol - A segment is estimated to grow to a value of just under US$ 8.5 billion at the end of the forecast period, making it large enough for all key stakeholders in the phenol market. The increased demand and capacity of Bisphenol - A should result in a strong demand for phenol products in the APEJ region. The demand for Bisphenol - A is linked to that of polycarbonate. A rise in polycarbonate demand directly benefits that of Bisphenol - A
The Phenol Formaldehyde Resin segment has a revenue share approaching a third of the end use segment at the end of 2017 in the phenol market. The Phenol Formaldehyde Resin segment is on track to record a robust CAGR of a little under 8% for the forecast period and companies would do well to take note of this while devising their long-term investment strategies. Along with APEJ, North America and Europe are poised to cross a billion dollars in terms of value in the Phenol Formaldehyde Resin segment of the phenol market at the end of 2022
The PPO/ Orthooxylenol has a single digit revenue share in the phenol market and is a niche opportunity at best. It would not be surprising if smaller players in the phenol market decided to overlook the PPO/ Orthooxylenol segment entirely in favor of other end use segments. An absolute dollar opportunity of approx. US$ 120 million between 2017 and 2022 needs customized manufacturer strategies to truly succeed in this segment of the phenol market
The Cumene manufacturing process dominates the global phenol market and is on track to gain market share going forward. The Cumene process segment should be worth almost US$ 12.3 billion in 2017 itself. The Dow process is much smaller in comparison and is assessed to lose market share over the duration of the forecast period
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Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)

Key Stakeholders
Phenol Market Manufacturers
Phenol Market Distributors/Traders/Wholesalers
Phenol Market Subcomponent Manufacturers
Industry Association
Downstream Vendors

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Phenol Market - Report Highlights

A detailed overview of parent market of Phenol Market
Changing Phenol Market dynamics in the industry
In-depth segmentation of the Phenol Market
Historical, current, and projected Phenol Market size regarding volume and value
Recent industry trends and developments in Phenol Market
Competitive landscape of the Phenol Market
Strategies for key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on Phenol Market performance
Must-have information for Phenol Market players to sustain and enhance their market footprint
Key Questions Answered in the Phenol Market Report

How is the Phenol Market expected to grow over the projected period?

What direction is the Phenol Market expected to take in terms of volume and value during the forecast period?

What is the impact of macroeconomic factors on the Phenol Market in future?

What are the key market drivers in the Phenol Market?

What are significant opportunities and improvement areas for Phenol Market manufacturers?

What are the key developments and trends taking over the Phenol Market?

Which are the emerging countries that are expected to create significant growth opportunities in the Phenol Market?

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