Industrial Phenol Market size was valued at US$ 14.17 Bn in 2021 and the total revenue is expected to grow at 3.15% through 2022 to 2029, reaching nearly US$ 18.16 Bn in the forecast period. The global Industrial Phenol Market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Industrial Phenol Market report also provides trends by market segments, technology, and investment with a competitive landscape.Industrial Phenol Market Overview:
Phenol is a mildly acidic, toxic, and white crystalline solid. Phenols are produced naturally and synthesized as manufactured chemicals. Naturally, phenols constitute coal tar and creosote, decomposing organic material, human and animal waste, and as a compound found in many non-foods and foods. Phenols are widely used in household products and as intermediates for industrial synthesis. Industrial phenols are utilized as a bonding agent to produce wood products such as plywood and MDF. Phenol is used as a disinfectant in low concentration in household cleaners and mouthwash. Phenol was also used as the first surgical antiseptic.To know about the Research Methodology :- Request Free Sample Report
Industrial Phenol Market Dynamics:
The global industrial phenol market is estimated to supplement the various phenol derivative in the forecast period due to rising chemical industries and phenol utilization. Rising demand for phenol derivatives like epoxy resins in various uses like paints, and coating, electronics is accelerating the market growth of industrial phenols. Industrial phenols are also used in various production processes like the cumene process that involves partial oxidation of cumene with hock rearrangement. The second process is the dow process, which involves hydrolysis of chlorobenzene. Phenol derivatives include bisphenol A, Alkylphenols, caprolactam, choro-phenol, phenylalanine, and salicylic acid. These phenol derivatives are further creating demand for industrial phenol in the global phenol market. Bisphenol A derivative is used in the production of epoxy resins and epoxy resins are used in paints and coatings, moldings, and polycarbonates. Alkylphenol is used in the manufacturing of detergents, emulsifiers, insecticides. These properties of phenol are driving the market growth and creating further opportunities for the budding market players to enter the market. Cloro-phenol derivative of phenol inhibits microbial growth and endorses the uses in pesticides and wood preservation. Salicylic acid is used in medicines to remove the outer layer of the skin in acne, to treat warts, calluses, psoriasis, dandruff, ringworm, etc. The above-mentioned application of industrial phenol derivatives is further appealing to the growth of the global industrial phenol market in the forecast period. Phenol causes high irritation to the skin, eye, and mucous membrane in humans after short-term inhalation or skin exposure, and phenol is considered to be toxic to humans via the oral route. This factor is hampering the growth of the market in the forecast period.Industrial Phenol Market Segment Analysis:
By Type, the segment is bifurcated into epoxy resins and phenol-methanal resins. Epoxy resins are dominating the type segment of the global industrial phenol market. Epoxy resins are a dominating sector in the type segment of the global industrial phenol market. Growing application of epoxy resins and end-user industry like marine coating, aerospace, electrical and electronic laminates, decorative powder coating is driving the epoxy resins market. As epoxy resin has promising properties like mechanical strength, moisture resistivity, high thermal stability, adhesion, electrical, mechanical and heat resistance makes epoxy resins more preferred for industrial applications. By Application, the segment is trifurcated into Residential, Commercial, and industrial. The industrial sector is dominating the application segment of the global industrial phenol market. As phenol is widely used as a starting material for the manufacturing of plastics, explosives like picric acid, and drugs like aspirin. The communal phenol hydroquinone is a compound of photography developers and this reduces exposed silver bromide crystal to black metallic silver. There are various substitutes available for industrial phenol and are used in the dye industry for intensely colored azo dyes. Creosote is a mixture of phenol and cresols that are used as components in wood preservation. The residential segment is second dominating in the industrial phenol market as phenols are used as a disinfectant and household cleaners. Phenols are a common chemical and widely found in products like air fresheners, aftershaves, deodorants, hair spray, mouthwash, aspirin, solvents, acne medication, antiseptics, calamine lotions, cleaning, decongestants, etc.Industrial Phenol Market Regional Insights:
The Asia Pacific is dominating region in the global industrial phenol market as the developing countries in the Asia Pacific like China, India have led the demand for chemical products from application industries. China is the major contributor in terms of Chemicals owed to the largest manufacturers of chemicals with huge facilities and technological investment in the region. The Asia Pacific is the region where demand for acetone and phenol derivatives is higher and is accelerating the market growth simultaneously. China is the country known for the largest producers of phenols and their derivatives. North America and European markets are growing at a low pace in chemical industries. Owed to strict government rules and regulations imposed by the authorities. As phenols have shown toxicity to humans on excess inhalation or in contact with the skin surface. These restraining factors are hampering the foreign market. The objective of the report is to present a comprehensive analysis of the global Industrial Phenol Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global Industrial Phenol Market dynamics, structure by analyzing the market segments and project the global Industrial Phenol Market size. Clear representation of competitive analysis of key players by Grade, price, financial position, Grade portfolio, growth strategies, and regional presence in the global Industrial Phenol Market make the report investor’s guide.Industrial Phenol Market Scope: Inquire before buying
Industrial Phenol Market Report Coverage Details Base Year: 2021 Forecast Period: 2021-2029 Historical Data: 2017 to 2021 Market Size in 2021: US $ 14.17 Bn. Forecast Period 2021 to 2029 CAGR: 3.15% Market Size in 2029: US $ 18.16 Bn. Segments Covered: by Type • Epoxy resins • Phenol-methanal resins by Application • Residential • Commercial • Industrial Industrial Phenol Market by Region
• North America • Europe • Asia Pacific • South AmericaIndustrial Phenol Market Key Player
• Aditya Birla Chemicals • Mitsubishi • Shandong Sheng Quan Chemicals Co. Ltd. • PTT Phenol • Bayer Material Science • Capital Resin Corporation • Royal Dutch Shell. • AdvanSix Inc. • Solvay SA. • CEPSA Química. • Deepak Nitrite Limited. • Domo Chemicals. • Ineos Group Limited. Frequently Asked Questions: 1. Which region has the largest share in Global Industrial Phenol Market? Ans: Asia Pacific region held the highest share in 2021. 2. What is the growth rate of Global Industrial Phenol Market? Ans: The Global Industrial Phenol Market is growing at a CAGR of 3.15% during forecasting period 2022-2029. 3. What is scope of the Global Industrial Phenol market report? Ans: Global Industrial Phenol Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Industrial Phenol market? Ans: The important key players in the Global Industrial Phenol Market are – Aditya Birla Chemicals, Mitsubishi, Shandong Sheng Quan Chemicals Co. Ltd., PTT Phenol, Bayer Material Science, Capital Resin Corporation, Royal Dutch Shell., AdvanSix Inc., Solvay SA., CEPSA Química., Deepak Nitrite Limited., Domo Chemicals., and Ineos Group Limited. 5. What is the study period of this market? Ans: The Global Industrial Phenol Market is studied from 2021 to 2029.
1.Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Industrial Phenol Market Size, by Market Value (US$ Mn) 3.1. Market Segmentation 3.2. Market Segmentation Share Analysis, 2021 3.2.1. 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Industrial Phenol Market 3.4. Geographical Snapshot of the Industrial Phenol Market, By Manufacturer share 4. Industrial Phenol Market Overview, 2021-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. The threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Grades 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Industrial Phenol Market 5. Supply Side and Demand Side Indicators 6. Industrial Phenol Market Analysis and Forecast, 2021-2029 6.1. Industrial Phenol Market Size & Y-o-Y Growth Analysis. 7. Industrial Phenol Market Analysis and Forecasts, 2021-2029 7.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 7.1.1. Epoxy resins 7.1.2. Phenol-methanal resins 7.2. Other Market Size (Value) Estimates & Forecast By Application, 2021-2029 7.2.1. Residential 7.2.2. Commercial 7.2.3. Industrial 8. Industrial Phenol Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2021-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Industrial Phenol Market Analysis and Forecasts, 2021-2029 9.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 9.1.1. Epoxy resins 9.1.2. Phenol-methanal resins 9.2. Other Market Size (Value) Estimates & Forecast By Application, 2021-2029 9.2.1. Residential 9.2.2. Commercial 9.2.3. Industrial 10. North America Industrial Phenol Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Industrial Phenol Market Analysis and Forecasts, 2021-2029 11.1. Market Size (Value) Estimates & Forecast By Types, 2021-2029 11.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 12. Canada Industrial Phenol Market Analysis and Forecasts, 2021-2029 12.1. Market Size (Value) Estimates & Forecast By Types, 2021-2029 12.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 13. Mexico Industrial Phenol Market Analysis and Forecasts, 2021-2029 13.1. Market Size (Value) Estimates & Forecast By Types, 2021-2029 13.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 14. Europe Industrial Phenol Market Analysis and Forecasts, 2021-2029 14.1. Market Size (Value) Estimates & Forecast By Types, 2021-2029 14.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 15. Europe Industrial Phenol Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K Industrial Phenol Market Analysis and Forecasts, 2021-2029 16.1. Market Size (Value) Estimates & Forecast By Types, 2021-2029 16.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 17. France Industrial Phenol Market Analysis and Forecasts, 2021-2029 17.1. Market Size (Value) Estimates & Forecast By Types, 2021-2029 17.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 18. Germany Industrial Phenol Market Analysis and Forecasts, 2021-2029 18.1. Market Size (Value) Estimates & Forecast By Types, 2021-2029 18.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 19. Italy Industrial Phenol Market Analysis and Forecasts, 2021-2029 19.1. Market Size (Value) Estimates & Forecast By Types, 2021-2029 19.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 20. Spain Industrial Phenol Market Analysis and Forecasts, 2021-2029 20.1. Market Size (Value) Estimates & Forecast By Types, 2021-2029 20.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 21. Sweden Industrial Phenol Market Analysis and Forecasts, 2021-2029 21.1. Market Size (Value) Estimates & Forecast By Types, 2021-2029 21.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 22. CIS Countries Industrial Phenol Market Analysis and Forecasts, 2021-2029 22.1. Market Size (Value) Estimates & Forecast By Types, 2021-2029 22.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 23. Rest of Europe Industrial Phenol Market Analysis and Forecasts, 2021-2029 23.1. Market Size (Value) Estimates & Forecast By Types, 2021-2029 23.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 24. Asia Pacific Industrial Phenol Market Analysis and Forecasts, 2021-2029 24.1. Market Size (Value) Estimates & Forecast By Types, 2021-2029 24.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 25. Asia Pacific Industrial Phenol Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Industrial Phenol Market Analysis and Forecasts, 2021-2029 26.1. Market Size (Value) Estimates & Forecast By Types, 2021-2029 26.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 27. India Industrial Phenol Market Analysis and Forecasts, 2021-2029 27.1. Market Size (Value) Estimates & Forecast By Types, 2021-2029 27.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 28. Japan Industrial Phenol Market Analysis and Forecasts, 2021-2029 28.1. Market Size (Value) Estimates & Forecast By Types, 2021-2029 28.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 29. South Korea Industrial Phenol Market Analysis and Forecasts, 2021-2029 29.1. Market Size (Value) Estimates & Forecast By Types, 2021-2029 29.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 30. Australia Industrial Phenol Market Analysis and Forecasts, 2021-2029 30.1. Market Size (Value) Estimates & Forecast By Types, 2021-2029 30.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 31. ASEAN Industrial Phenol Market Analysis and Forecasts, 2021-2029 31.1. Market Size (Value) Estimates & Forecast By Types, 2021-2029 31.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 32. Rest of Asia Pacific Industrial Phenol Market Analysis and Forecasts, 2021-2029 32.1. Market Size (Value) Estimates & Forecast By Types, 2021-2029 32.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 33. Middle East Africa Industrial Phenol Market Analysis and Forecasts, 2021-2029 33.1. Market Size (Value) Estimates & Forecast By Types, 2021-2029 33.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 34. Middle East Africa Industrial Phenol Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2021-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Industrial Phenol Market Analysis and Forecasts, 2021-2029 35.1. Market Size (Value) Estimates & Forecast By Types, 2021-2029 35.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 36. GCC Countries Industrial Phenol Market Analysis and Forecasts, 2021-2029 36.1. Market Size (Value) Estimates & Forecast By Types, 2021-2029 36.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 37. Egypt Textile Reinforced Concrete e Market Analysis and Forecasts, 2021-2029 37.1. Market Size (Value) Estimates & Forecast By Types, 2021-2029 37.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 38. Nigeria Industrial Phenol Market Analysis and Forecasts, 2021-2029 38.1. Market Size (Value) Estimates & Forecast By Types, 2021-2029 38.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 39. Rest of ME&A Industrial Phenol Market Analysis and Forecasts, 2021-2029 39.1. Market Size (Value) Estimates & Forecast By Types, 2021-2029 39.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 40. South America Industrial Phenol Market Analysis and Forecasts, 2021-2029 40.1. Market Size (Value) Estimates & Forecast By Types, 2021-2029 40.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 41. South America Industrial Phenol Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2021-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Industrial Phenol Market Analysis and Forecasts, 2021-2029 42.1. Market Size (Value) Estimates & Forecast By Types, 2021-2029 42.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 43. Argentina Industrial Phenol Market Analysis and Forecasts, 2021-2029 43.1. Market Size (Value) Estimates & Forecast By Types, 2021-2029 43.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 44. Rest of South America Industrial Phenol Market Analysis and Forecasts, 2021-2029 44.1. Market Size (Value) Estimates & Forecast By Types, 2021-2029 44.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Textile Reinforced Concrete Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Fiber Grades and R&D Investment 45.2.2. New Grade Launches and Grade Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Mitsubishi Corporation 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Grade Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Development 45.3.2. Aditya Birla Chemicals 45.3.3. Shandong Sheng Quan Chemicals Co. Ltd. 45.3.4. PTT Phenol 45.3.5. Bayer Material Science 45.3.6. Capital Resin Corporation 45.3.7. Royal Dutch Shell. 45.3.8. AdvanSix Inc. 45.3.9. Solvay SA. 45.3.10. CEPSA Química. 45.3.11. Deepak Nitrite Limited. 45.3.12. Domo Chemicals. 45.3.13. Ineos Group Limited. 46. Primary Key Insights