Phenol Derivatives Market Growth: CAGR of 2.7% | Valuates Reports

Phenol Derivatives Market

In organic chemistry, phenols, sometimes called phenolics, are a class of chemical compounds consisting of a hydroxyl group (-OH) bonded directly to an aromatic hydrocarbon group. Phenolic compounds are classified as simple phenols or polyphenols based on the number of phenol units in the molecule. Phenol Derivatives include Bisphenol-A, Phenolic Resin, Alkylphenol, Caprolactum, and others in this study.

Due to the COVID-19 pandemic, the global Phenol Derivatives market size is estimated to be worth US$ 12640 million in 2022 and is forecast to a readjusted size of US$ 14830 million by 2028 with a CAGR of 2.7% during the review period.

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Fully considering the economic change by this health crisis, Bisphenol-A accounting for % of the Phenol Derivatives global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period.

While Chemical & Material segment is altered to an % CAGR throughout this forecast period.

The bisphenol-A is projected to be the leading derivative in the phenol derivatives market from 2018 to 2023. Bisphenol-A is majorly used in the production of polycarbonates and epoxy resins. Polycarbonate is majorly used in food and drink packaging such as water & baby bottles, compact discs, impact-resistant safety equipment, and medical devices and epoxy resins are used to coat metal products such as food cans, bottle tops, and water supply pipes. Further the growth in end use industries using polycarbonate and epoxy resin resins will fuel the growth of phenol derivatives market.

In terms of production side, this report researches the Phenol Derivatives capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.

In terms of sales side, this report focuses on the sales of Phenol Derivatives by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.

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Phenol Derivatives market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Phenol Derivatives market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.

Key Players
• Royal Dutch Shell
• Dow Chemical
• Mitsui Chemicals
• SABIC
• INEOS
• CEPSA
• Honeywell
• LG Chem
• Kumho Petrochemical
• PTT Global Chemical
• Solvay
• Chang Chun Petrochemical
• Zaozhuang Hailong Chemical

By Type
• Bisphenol-A
• Phenolic Resin
• Alkylphenol
• Caprolactum
• Others

By Application
• Chemical & Material
• Automobile
• Electronics & Semiconductor
• Energy & Power
• Others

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