WebThe global phenol market size reached a value of around USD 19.44 billion in the year 2024. The phenol market is further expected to grow at a CAGR of 4.2% between 2024 and 2028 to reach a value of about USD 24.07 billion by 2027. In 2024, the Asia Pacific was the largest regional phenol market with a market share of about 52.5%. WebPhenol Phenol is produced from cumene in what is known as the four-stage Hock production process. It is is an essential starting material for a wide range of applications in the electrical/electronics, automotive, construction and household/furniture industries.
SABIC - SABIC® Phenol
WebPhenol is also used in the production of caprolactam and bisphenol A, which are intermediates in the manufacture of nylon and epoxy resins, respectively. (1) Other uses of phenol include as a slimicide, as a disinfectant, and in medicinal products such as ear and nose drops, throat lozenges, and mouthwashes. (1) Sources and Potential Exposure WebTo extract data for the North America Phenol market, the research team conducts primary research surveys with Phenol manufacturers, suppliers, distributors, wholesalers, and customers, followed by exhaustive secondary research to cross-validate the information being collected through primary research surveys. katech ingredion
Phenol Market Size, Share, Analysis & Forecast, 2035 - ChemAnalyst
WebThe primary use of phenol is in the production of phenolic resins, which are used in the plywood, construction, automotive, and appliance industries. (1) Phenol is also used in the … WebThe product is projected to grow at over 3.5% from 2016 to 2024. Resol resins demand is expected to reach 803.3 kilotons by 2024, growing at an estimated CAGR of 3.1% over the … WebThe global Phenol market stood approximately 10 million tonnes in 2024 and is expected to grow at a CAGR of 3.59% during the forecast period until 2035. INEOS Phenol, one of the giants of phenol production has recently acquired Mitsui Phenols Singapore Ltd. For a sum of USD 330 million, expanding its production capacity by 1 million tonnes. lawyers in grand rapids minnesota