Global Phenol Market Share, Size, Price Trends And Forecast 2018-2023 - PowerPoint PPT Presentation

View by Category
About This Presentation

Global Phenol Market Share, Size, Price Trends And Forecast 2018-2023


Get more information about the market:   According to IMARC Group’s recently published report titled “Phenol Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, the global demand for phenol is currently being driven by an increasing demand of its various derivatives. Request a sample report: Browse more reports on chemical & material industry: Contact Us IMARC Group USA: +1-631-791-1145 Email: Follow us on twitter: @imarcglobal – PowerPoint PPT presentation

Number of Views:17


Write a Comment
User Comments (0)
Transcript and Presenter's Notes

Title: Global Phenol Market Share, Size, Price Trends And Forecast 2018-2023

    Global Phenol Market Catalyzed by
Flourishing Demand for Epoxy Resins

Copyright IMARC. All Rights Reserved
About IMARC Group
Report Description
IMARC is a leading advisor on management
strategy and market research worldwide. We
partner with clients in all sectors and regions
to identify their highest-value opportunities,
address their most critical challenges, and
transform their businesses. IMARCs information
products include major market, scientific,
economic and technological developments for
business leaders in pharmaceutical, industrial,
and high technology organizations. Market
forecasts and industry analysis for
biotechnology, advanced materials,
pharmaceuticals, food and beverage, travel and
tourism, nanotechnology and novel processing
methods are at the top of the companys
expertise. IMARCs tailored approach combines
unfathomable insight into the dynamics of
companies and markets with close cooperation at
all levels of the client organization. This
ensures that our clients achieve unmatchable
competitive advantage, build more proficient
organizations, and secure lasting results.
Report Description and Highlights
Report Description
Global Phenol Market Catalyzed by Flourishing
Demand for Epoxy Resins The global phenol
market has been witnessing a positive growth over
the past few years. This can be attributed to
factors such as increasing demand for phenol
derivatives coupled with rising focus on
wind-energy. Phenol, also referred to as
benzenol, phenolic acid and monohydroxybenzene,
is an aromatic organic chemical with the
molecular formula C6H5OH. It is volatile and
highly toxic compound which occurs as a white
crystalline solid at room temperature. Earlier,
it was sourced from coal tar, whereas, now it is
produced from petroleum at a large scale. Phenol
and its derivatives play a vital role in the
production of epoxies, nylon, herbicides,
polycarbonates, detergents and numerous
pharmaceutical drugs. A new research report by
IMARC Group, titled Phenol Market Global
Industry Trends, Share, Size, Growth, Opportunity
and Forecast 2018-2023, estimates that the
global phenol market crossed a value of US 19
Billion in 2017. The report further anticipates
the market value to reach US 28 Billion by 2023,
at a projected CAGR of more than 6 over the
forecast period.
Report Description and Highlights
Report Description
  • Global Phenol Market Drivers/Constraints
  • Bisphenol-A, a derivative of phenol, is used to
    produce epoxy resins which are further utilized
    in the manufacturing of rotor blades for wind
    turbines. As a result of the mounting focus on
    renewable energy, the demand for wind turbine
    rotor blades is witnessing a surge, in turn,
    creating positive growth prospects for the phenol
  • Phenol-resins find wide applications in the
    manufacturing of thermosetting plastics which are
    extensively used in the production of electrical
    components such as electron tubes, insulators,
    and sockets. A surge in the demand for these
    components, particularly in the emerging markets,
    is projected to facilitate the phenol market
  • The bolstering consumption of phenol derivatives
    such as caprolactam, phenylamine, alkylphenols,
    chloro-phenols and salicylic acid in a number of
    end-use industries represents another major
    growth-inducing factor.
  • Over the past few years, the price of phenol has
    witnessed a number of fluctuations owing to
    changing price of its raw materials benzene and
    propylene. This acts as one of the major
    challenges faced by the global phenol market.
  • Read more here https//

Report Description and Highlights
Report Description
End-Use Insights On the basis of end-use, the
global phenol market has been segmented into
bisphenol-A, phenolic resins, caprolactam and
alkyl phenyls. Currently, bisphenol-A accounts
for the majority of the market share on account
of an increase in the usage of bisphenol-A in the
medicine and drugs, and polymer
industries.   Regional
Insights Region-wise, the market has been
divided into Asia Pacific, Europe, the United
States, Middle East and Africa, and Latin
America. Amongst these, Asia Pacific dominates
the market owing to increasing urbanisation which
has led to a rise in the demand for phenol and
its derivatives. Request Sample Of The Report
Report Description and Highlights
  • Competitive Landscape
  • The global phenol market is highly fragmented in
    nature with the presence of numerous small and
    large manufacturers who compete in terms of
    prices and quality. Some of the leading players
    operating in the market are
  • LG Chem
  • Kumho PB Chemicals., Inc.
  • Cepsa Quimica, S.A.
  • Mitsui Chemicals
  • INEOS Phenol Ltd.
  • Browse more related reports 
  • Salicylic Acid Market  https//
  •  Xylitol Market https//

Report Description and Highlights
Report Description

2017 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
may be reproduced, repackaged, redistributed or
resold in whole or in any part. The publication
may also not be used in any form or by and means
graphic electronic or mechanical, including
photocopying, recording, taping or by information
storage or retrieval, or by any other form,
without the express consent of International
Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
this publication, including forecasts, data
analysis and opinion have been based on
information and sources believed to be accurate
and reliable at the time of publishing.
International Market Analysis Research and
Consulting makes no representation of warranty of
any kind as to the accuracy or completeness of
any Information provided. IMARC accepts no
liability whatsoever for any loss or damage
resulting from opinion, errors or inaccuracies if
any found this publication. IMARC, IMARC Group
and Global Therapy Insight Series are registered
trademarks of International Market Analysis
Research and Consulting. All other trademarks
used in this publication are registered
trademarks of their respective companies.

Contact Us