Phenol Derivatives Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

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 bisphenol-A, phenolic resins, caprolactam, alkyl phenol and others. These compounds has huge applications across different industries such as coatings, automotive, chemical intermediate, electronics and others. In addition, the chemical structure of phenol consist of closely bonded groups of hydroxy and phenyls which possess the same functional characteristics to that of alcohol. Thus, it also used for deriving base compound that can be used in commercial house care products. The extensive demand for phenol derivatives from various end use industries is expected to drive the growth of market during the forecast period.

MARKET DYNAMICS

Bisphenol-A, phenol subordinate is significantly utilized in the generation of polycarbonates and epoxy resins. Epoxy resins are utilized to cover metal items, for example, nourishment jars, bottle tops, and water supply pipes though polycarbonate is significantly utilized in food and drink packaging, for example, water and infant bottles, minimal circles, sway safe wellbeing hardware, and restorative gadgets. Phenol subsidiary butylated hydroxytoluene (BHT) is a FDA affirmed additive utilized in beauty care products and nourishment items. Phenolic resins are utilized in wood glues, foundry and trim mixes, covers and protection. Phenol derivatives likewise discover various application in hardware and electrical products and car through the polycarbonate and epoxy resins. Alkyl phenols are utilized for the creation of cleansers, surfactants and emulsifiers. They are likewise used in bug sprays and plastics generation. Be that as it may, generation of hazardous waste during generation of previously mentioned phenol derivatives restricts the development of the market. Besides phenol subsidiaries have wide extent of utilization in pharmaceuticals. Salicylic acid is a typical phenol derivtive that is utilized underway of headache medicine and pharmaceuticals. Hydroxyphenol is utilized in tranquilize fabricating. Rising pharmaceutical industry is expected to provide lucrative opportunities for phenol derivatives market.

MARKET SCOPE

The "Global Phenol Derivatives Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the phenol derivatives market with detailed market segmentation by raw material, technology, derivative and geography. The global phenol derivatives market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading phenol derivatives market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global phenol derivatives market is segmented on the basis of raw material, technology and derivative On the basis of raw material the market is segment into benzene, propylene and toulene. By technology, the phenol derivatives market is categorized into cumene peroxidation process, raschig process, toluene two stage oxidation process and sulphonation process. On the basis ofderivative, the market is bifurcated into bisphenol-A, phenolic resins, caprolactam, alkyl phenol and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global phenol derivatives market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The phenol derivatives market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the phenol derivatives market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the phenol derivatives market in these regions.

MARKET PLAYERS

The reports cover key developments in the phenol derivatives market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from phenol derivatives market are anticipated to lucrative growth opportunities in the future with the rising demand for phenol derivatives in the global market. Below mentioned is the list of few companies engaged in the phenol derivatives market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the phenol derivatives market. In addition, the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last 3 years, the key development in the past five years.

•  ALLNEX BELGIUM SA
•  ALTIVIA PETROCHEMICALS LLC
•  BOREALIS
•  CHANG CHUN PETROCHEMICAL CO. LTD.
•  DOMO CHEMICALS
•  GEORGIA GULF CORPORATION
•  HEXION LLC
•  KUMHO PETROCHEMICAL CO., LTD.
•  ROYAL DUTCH SHELL PLC
•  SAUDI BASIC INDUSTRIES CORPORATION

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Phenol Derivatives Report Scope