Press release
Global Phenol Market to Grow at a CAGR of 3.08% to 2017-2021
About Phenol
Phenol is odorous, toxic, and reactive chemical compound, which is used as a raw material in the production of other chemical products such as phenolic adhesives, polycarbonates, and epoxy resins. It is also known as carbolic acid, phenic acid, mono hydroxybenzene, hydroxybenzene, phenylic acid, phenyl hydroxide, oxybenzone, and monophenol. It is generally used in the manufacturing of caprolactam, bisphenol-A, herbicides, wood preservatives, heavy duty surfactants, lube oil additives, extraction aids, hydraulic fluids, disinfectant materials, pharmaceuticals, tank linings, and coating materials.
Technavios analysts forecast the global phenol market to grow at a CAGR of 3.08% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global phenol market for 2017-2021. To calculate the market size, the report considers revenue generated from the sales of phenol from various derivative types.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Phenol Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
INEOS Group Holdings
Mitsui Chemicals
PTT Global Chemical
Royal Dutch Shell
Solvay
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Other prominent vendors
Borealis
CEPSA
KUMHO P&B CHEMICALS
Novacap
Qingdao Hisea Chem
RTGERS Group
Solventis
Triveni Chemicals
Market driver
Applicational growth of phenol
For a full, detailed list, view our report
Market challenge
Changing pricing of phenol in different regions
For a full, detailed list, view our report
Market trend
Restriction on specific phenol-based toys by European Union (EU)
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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