Global Phenol Market - Trends, COVID-19 impact and Growth Forecast to 2026
Global Phenol Market by application (Bisphenol-A, Phenolic Resins, Alkylphenol, Caprolactam, Adipic Acid, and Others), by process (Cumene, Dow , Raschig-Hooker), by region (Asia-Pacific, North America, Europe, South America, Middle East and Africa), with forecasts till 2026 (value and volume)
The global Phenol market is valued at US$23.3 billion in 2020 and is expected to grow at a CAGR of 5.5% during the forecast period mainly due to the growing demand of the chemical in the production of polycarbonates and epoxy resins.
ChemIntel360’s global Phenol Market study is a 181-page report containing an in-depth analysis on historical and forecasted spending, consumption patterns in the sector and related market dynamics such as trends, drivers and challenges. The study offers granular value and volume data from a global, regional, segment, applications, and end-use industry perspective.
Phenol (C6H5OH), also known Phenolic Acid, is a toxic, colourless, crystalline solid which is soluble in water due to its strong hydrogen bonding. It is used as an intermediate for synthesizing several chemical compounds, as a derivative in the production of nylon, herbicides, epoxies and cosmetics as well as in manufacturing of household products such as detergents. It is also used as a disinfectant and antiseptic. Further, the use of polycarbonates and epoxy resins in various end-user industries such as paints and coatings, electronics, packaging and adhesives will drive the market growth.
Objectives of the Report
• To define, describe, and forecast the phenol market on the basis of application, process type, region, and selected countries.
• To analyze and forecast the phenol market segments (application and process type) based on major regions such as Asia-Pacific, North America, Europe, South America, and Middle East and Africa.
• To analyze and provide information on various market dynamics including trends, drivers, opportunities, and challenges, that directly or indirectly influence the market during the forecast period.
• To analyze and provide details of a competitive landscape for market leaders.
• To analyze recent developments in terms of operational and strategic changes such as new product developments, capacity expansion, alliances, joint ventures, and mergers & acquisitions in the market
Key Insights from the Global Phenol Market study
Product Type Insights
In terms of product type, Phenol is primarily used to produce Bisphenol-A (BPA) based polycarbonate and epoxy resin, used by multiple end-use industries. There is also an increasing demand for Alkylphenol, used as a surfactant for industrial and domestic products, as additives in fuels and lubricants, and as polymers. The report further breaks down the market size of each of these applications by volume and value.
Process Insights
In terms of the manufacturing process, the global Phenol market is divided into the Cumene Process, Dow Process and the Raschig-Hooker process. The Cumene process is most commonly used to manufacture Phenol as compared to the other two processes. The report further breaks out the market size of each of these manufacturing processes in terms of their volumes and values.
Regional Insights
Asia-Pacific was the largest market for Phenol in 2020 in terms of volume, with China being one of the largest producers and consumers of Phenol derivatives globally. Moreover, with many on-going and upcoming construction projects in China, the demand for Phenol based end products, and Phenol derivates is expected to increase significantly. Meanwhile, stringent government and environmental regulations curbing the use of Phenol based products in the North American and European countries are expected to restrict the demand for Phenol in the regions.
Covid Imapct:
The global Phenol market has been adversely impacted by the COVID-19 induced lockdowns. Growth of the market is primarily dependent on the demand for two chemicals Bisphenol-A (BPA) and Phenolic Resins which are used in the construction, automotive and electronics industries. The lockdowns resulted in the closure of many manufacturing plants and construction activities around the world, which drastically reduced both supply and demand for these chemicals and also of the end products such as paints and coatings. For example, as per a study by French organisation, International Organization of Motor Vehicle Manufacturers, global vehicle manufacturing in 2020 was estimated to be around 77 million, as compared to 92 million in the previous year.
Market Dynamics:
Drivers
Phenol is used as a raw material in many end-use industries. It is used as an industrial cleaner for machinery parts and electronic devices, as a raw material to manufacture drugs and antioxidants, as a key component in wood preservatives such as creosote and as a basic material for plastics and explosives. It is also required for the manufacturing intense colored dyes and in daily use products such as liquid detergents, mouthwash, inks, floor cleaners and disinfectants.
Furthermore, phenolic resins are used to manufacture thermosetting plastics used in the production of electrical components such as electron tubes, insulators and sockets. Additionally, paper phenolics are utilized to manufacture household laminates and paper composite panels, while glass phenolics are utilized in the high-speed bearing market.
Moreover, rapid economic growth backed by strong industrial and construction activity is expected to drive the demand for phenolic resins in the production of plywood, laminated beams and flooring panels.
Opportunities
Bisphenol-A (BPA) is used as a strengthening agent in polycarbonate plastics, epoxy resins unsaturated polyester, polysulfone and polyetherimide.Epoxy resins are produced by mixing BPA and epichlorohydrin (ECH). Due to their versatility and adhesive, anti-corrosive, fire-resistant, and heat-resistant properties, epoxy resins are becoming an intrinsic part of construction (including flooring), shipbuilding, water and sewage treatments, as well as home appliances.
Increasing demand for polycarbonate and epoxy resins in paints and coatings, adhesives, electrical and electronics, packaging, and other end-user industries, is one of the prime reasons responsible for the growth of the Bisphenol-A (BPA) market.
It is expected that the volume of the polycarbonate market will reach 6,141.32 kilo metric tons and epoxy resin market will reach 4,639.94 kilo metric tons by the year 2023, subsequently increasing the demand of BPA and in-turn driving the market for Phenol.
Challenges
Benzene and Propylene are used as raw materials in the production of Phenol. With Benzene exhibiting price volatility due to fluctuating demand, the price of Phenol also is also expected to witness corresponding price volatility.
Trend
There have been significant upgradations in Phenol production technology. New catalysts and processes are being implemented in the production of Cumene Hydroperoxideand manufacturing Cumene via alkylation of Benzene with Propylene. These efforts are expected to enhance yield, improve process costs and increase safety for the production of Phenol in order to meet the rising demand globally.
Key Players
The key players in this industry include Solvay, INEOS Capital Limited, AdvanSix Inc., Royal Dutch Shell PLC, Kumho P&B Chemicals Inc., Altivia, Mitsubishi Chemical Corporation, Cepsa, Domo Chemical GmbH, and Mitsui Chemicals Inc
Developments
In August 2021, Lummus Technology got acceptance from Formosa Chemicals and Fibre Corp. for the company’s Cumene and Phenol plant expansion in Ningbo, China. On commissioning, the plant is expected to have 600 kMTA cumene and 400 kMTA Phenol capacity.
Scope
This study contains global and regional market size data. The numbers are broken down by application (Bisphenol-A, Phenolic Resins, Alkylphenol, Caprolactam, Adipic Acid, and Others), by process (Cumene, Dow, Raschig-Hooker). The historical period runs through 2015-2020 and the forecasted period from 2021-2026.
Scope of the report
|
Report Parameters |
Details |
|
Time period considered for the study |
2015-2026 |
|
Historical Period |
2015-2020 |
|
Forecast Period |
2021-2026 |
|
Units considered |
Value (USD) and Volume (Kiloton) |
|
Segments |
By Application By Process By Region |
|
Regions included in the study |
APAC, North America, Europe, Middle East and Africa, South America |
|
Companies Profiled |
Solvay,INEOS Capital Limited,AdvanSix Inc., Royal Dutch Shell PLC, Kumho P&B Chemicals Inc., Altivia, Mitsubishi Chemical Corporation, Cepsa, Domo Chemical GmbH, and Mitsui Chemicals Inc |
This research study classifies the Phenol market on the basis of application, process, and region.
By Application:
- Bisphenol-A
- Phenolic Resins
- Alkylphenol
- Caprolactam
- Adipic Acid
- Others
By Process:
- Cumene
- Dow
- Raschig-Hooker
By Region:
- APAC
- Europe
- North America
- Middle East & Africa
- South America
Executive summary
Table of contents
List of tables
List of figures
Chapter-1: Introduction
1.1 Objective of the report
1.2 Market definition
1.3 Scope of the report
1.3.1 Markets covered
1.3.2 Years covered
1.4 Conventions
1.5 Stakeholder
1.6 Summary methodology
1.7 Data collection
1.7.1 Secondary research
1.7.2 Primary research
1.8 Market size estimation
1.8.1 Bottom-up approach
1.8.2 Top-down approach
1.9 Data triangulation
1.10 Assumptions and limitations
1.11 COVID-19 impact
Chapter-2: Segment Analysis
2.1.1 Market overview, 2015-2026 (US$ billion)
2.1.2 Market overview, 2015-2026 (million tons)
2.2.1 Phenol Market: Bisphenol-A (US$ billion)
2.2.2 Phenol Market: Bisphenol-A (million tons)
2.3.1 Phenol Market: Phenolic resins (US$ billion)
2.3.2 Phenol Market: Phenolic resins (million tons)
2.4.1 Phenol Market: Alkylphenol (US$ billion)
2.4.2 Phenol Market: Alkylphenol (US$ million tons)
2.5.1 Phenol Market: Caprolactam (US$ billion)
2.5.2 Phenol Market: Caprolactam (million tons)
2.6.1 Phenol Market: Adipic Acid (US$ billion)
2.6.2 Phenol Market: Adipic Acid (US$ billion)
2.7.1 Phenol Market: Others (US$ billion)
2.7.2 Phenol Market: Others (million tons)
Chapter-3: Regional Analysis
3.1 Market overview, 2015-2026
3.2.1 Market overview, 2015-2026 (US$ billion)
3.2.2 Market overview, 2015-2026 (million tons)
3.3.1 Phenol Market: Asia Pacific (US$ billion)
3.3.2 Phenol Market: Asia Pacific (million tons)
3.4.1 Phenol Market: North America (US$ billion)
3.4.2 Phenol Market: North America (US$ billion)
3.5.1 Phenol Market: Europe (US$ billion)
3.5.2 Phenol Market: Europe (million tons)
3.6.1 Phenol Market: South America (US$ billion)
3.6.2 Phenol Market: South America (million tons)
3.7.1 Phenol Market: Middle East and Africa (US$ billion)
3.7.2 Phenol Market: Middle East and Africa (million tons)
Chapter-4: Regional Market Analysis by Application
4.1 Phenol regional Market application composition
4.1.1 Phenol Market: APAC Bisphenol-A (US$ billion)
4.1.2 Phenol Market: APAC Bisphenol-A (million tons)
4.2.1 Phenol Market: APAC Phenolic Resins (US$ billion)
4.2.2 Phenol Market: APAC Phenolic Resins (million tons)
4.3.1 Phenol Market: APAC Alkylphenol (US$ billion)
4.3.2 Phenol Market: APAC Alkylphenol (million tons)
4.4.1 Phenol Market: APAC Caprolactam (US$ billion)
4.4.2 Phenol Market: APAC Caprolactam (million tons)
4.5.1 Phenol Market: APAC Adipic Acid (US$ billion)
4.5.2 Phenol Market: APAC Adipic Acid (million tons)
4.6.1 Phenol Market: APAC others (US$ billion)
4.6.2 Phenol Market: APAC others (million tons)
4.7.1 Phenol Market: North America Bisphenol-A (US$ billion)
4.7.2 Phenol Market: North America Bisphenol-A (million tons)
4.8.1 Phenol Market: North America Phenolic resins (US$ billion)
4.8.2 Phenol Market: North America Phenolic resins (million tons)
4.9.1 Phenol Market: North America Alkylphenol (US$ billion)
4.9.2 Phenol Market: North America Alkylphenol (million tons)
4.10.1 Phenol Market: North America Caprolactam (US$ billion)
4.10.2 Phenol Market: North America Caprolactam (million tons)
4.11.1 Phenol Market: North America Adipic Acid (US$ billion)
4.11.2 Phenol Market: North America Adipic Acid (million tons)
4.12.1 Phenol Market: North America others (US$ billion)
4.12.2 Phenol Market: North America others (million tons)
4.13.1 Phenol Market: Europe Bisphenol-A (US$ billion)
4.13.2 Phenol Market: Europe Bisphenol-A (million tons)
4.14.1 Phenol Market: Europe Phenolic resins (US$ billion)
4.14.2 Phenol Market: Europe Phenolic resins (million tons)
4.15.1 Phenol Market: Europe Alkylphenol (US$ billion)
4.15.2 Phenol Market: Europe Alkylphenol (million tons)
4.16.1 Phenol Market: Europe Caprolactam (US$ billion)
4.16.2 Phenol Market: Europe Caprolactam (million tons)
4.17.1 Phenol Market: Europe Adipic Acid (US$ billion)
4.17.2 Phenol Market: Europe Adipic Acid (million tons)
4.18.1 Phenol Market: Europe others (US$ billion)
4.18.2 Phenol Market: Europe others (million tons)
4.19.1 Phenol Market: South America Bisphenol-A (US$ billion)
4.19.2 Phenol Market: South America Bisphenol-A (million tons)
4.20.1 Phenol Market: South America Phenolic resins (US$ billion)
4.20.2 Phenol Market: South America Phenolic resins (million tons)
4.21.1 Phenol Market: South America Alkylphenol (US$ billion)
4.21.2 Phenol Market: South America Alkylphenol (million tons)
4.22.1 Phenol Market: South America Caprolactam (US$ billion)
4.22.2 Phenol Market: South America Caprolactam (million tons)
4.23.1 Phenol Market: South America Adipic Acid (US$ billion)
4.23.2 Phenol Market: South America Adipic Acid (million tons)
4.24.1 Phenol Market: South America others (US$ billion)
4.24.2 Phenol Market: South America others (million tons)
4.25.1 Phenol Market: Middle East and Africa Bisphenol-A (US$ billion)
4.25.2 Phenol Market: Middle East and Africa Bisphenol-A (million tons)
4.26.1 Phenol Market: Middle East and Africa Phenolic resins (US$ billion)
4.26.2 Phenol Market: Middle East and Africa Phenolic resins (million tons)
4.27.1 Phenol Market: Middle East and Africa Alkylphenol (US$ billion)
4.27.2 Phenol Market: Middle East and Africa Alkylphenol (million tons)
4.28.1 Phenol Market: Middle East and Africa Caprolactam (US$ billion)
4.28.2 Phenol Market: Middle East and Africa Caprolactam (million tons)
4.29.1 Phenol Market: Middle East and Africa Adipic Acid (US$ billion)
4.29.2 Phenol Market: Middle East and Africa Adipic Acid (million tons)
4.30.1 Phenol Market: Middle East and Africa others (US$ billion)
4.30.2 Phenol Market: Middle East and Africa others (million tons)
Chapter-5: Regional Market Analysis by process
5.1 Phenol regional Market application composition
5.1.1 Phenol Market: APAC Cumene (US$ billion)
5.1.2 Phenol Market: APAC Cumene (million tons)
5.2.1 Phenol Market: APAC Dow process (US$ billion)
5.2.2 Phenol Market: APAC Dow process (million tons)
5.3.1 Phenol Market: APAC Raschig-Hooker (US$ billion)
5.3.2 Phenol Market: APAC Raschig-Hooker (million tons)
5.4.1 Phenol Market: North America Cumene (US$ billion)
5.4.2 Phenol Market: North America Cumene (million tons)
5.4.1 Phenol Market: North America Dow process (US$ billion)
5.4.2 Phenol Market: North America Dow process (million tons)
5.5.1 Phenol Market: North America Raschig-Hooker (US$ billion)
5.5.2 Phenol Market: North America Raschig-Hooker (million tons)
5.6.1 Phenol Market: Europe Cumene (US$ billion)
5.6.2 Phenol Market: Europe Cumene (million tons)
5.7.1 Phenol Market: Europe Dow process (US$ billion)
5.7.2 Phenol Market: Europe Dow process (million tons)
5.8.1 Phenol Market: Europe Raschig-Hooker (US$ billion)
5.8.2 Phenol Market: Europe Raschig-Hooker (million tons)
5.9.1 Phenol Market: South America Cumene (US$ billion)
5.9.2 Phenol Market: South America Cumene (million tons)
5.10.1 Phenol Market: South America Dow process (US$ billion)
5.10.2 Phenol Market: South America Dow process (million tons)
5.11.1 Phenol Market: South America Raschig-Hooker (US$ billion)
5.11.2 Phenol Market: South America Raschig-Hooker (million tons)
5.12.1 Phenol Market: Middle East and Africa Cumene (US$ billion)
5.12.2 Phenol Market: Middle East and Africa Cumene (million tons)
5.13.1 Phenol Market: Middle East and Africa Dow process (US$ billion)
5.13.2 Phenol Market: Middle East and Africa Dow process (million tons)
5.14.1 Phenol Market: Middle East and Africa Raschig-Hooker (US$ billion)
5.14.2 Phenol Market: Middle East and Africa Raschig-Hooker (million tons)
Chapter-6: Key Markets Analysis
6.1 Phenol key Market size composition
6.1.1 Market overview, 2015-2026 (US$ billion)
6.1.2 Market overview, 2015-2026 (million tons)
6.2.1 Phenol Market: US, North America (US$ billion)
6.2.2 Phenol Market: US, North America (million tons)
6.3.1 Phenol Market: Canada, North America (US$ billion)
6.3.2 Phenol Market: Canada, North America (million tons)
6.4.1 Phenol Market: Mexico, North America (US$ billion)
6.4.2 Phenol Market: Mexico, North America (million tons)
6.5.1 Phenol Market: Germany, Europe (US$ billion)
6.5.2 Phenol Market: Germany, Europe (million tons)
6.6.1 Phenol Market: Italy, Europe (US$ billion)
6.6.2 Phenol Market: Italy, Europe (million tons)
6.7.1 Phenol Market: France, Europe (US$ billion)
6.7.2 Phenol Market: France, Europe (million tons)
6.8.1 Phenol Market: China, Asia Pacific (US$ billion)
6.8.2 Phenol Market: China, Asia Pacific (million tons)
6.9.1 Phenol Market: India, Asia Pacific (US$ billion)
6.9.2 Phenol Market: India, Asia Pacific (million tons)
6.10.1 Phenol Market: Japan, Asia Pacific (US$ billion)
6.10.2 Phenol Market: Japan, Asia Pacific (million tons)
6.11.1 Phenol Market: Brazil, South America (US$ billion)
6.11.2 Phenol Market: Brazil, South America (million tons)
6.12.1 Phenol Market: Argentina, South America (US$ billion)
6.12.2 Phenol Market: Argentina, South America (million tons)
6.13.1 Phenol Market: Colombia, South America (US$ billion)
6.13.2 Phenol Market: Colombia, South America (million tons)
6.14.1 Phenol Market: South Africa, Middle East and Africa (US$ billion)
6.14.2 Phenol Market: South Africa, Middle East and Africa (million tons)
6.15.1 Phenol Market: UAE, Middle East and Africa (US$ billion)
6.15.2 Phenol Market: UAE, Middle East and Africa (million tons)
6.16.1 Phenol Market: Saudi Arabia, Middle East and Africa (US$ billion)
6.16.2 Phenol Market: Saudi Arabia, Middle East and Africa (million tons)
Appendix
Glossary of terms
Disclaimer
About Us
List of Tables
Table 1: By value: Phenol Market by application during 2015-2026 in US$ billion
Table 2: By volume: Phenol Market by segment during 2015-2026 in million tons
Table 3: By value: Phenol Market by region during 2015-2026 in US$ billion
Table 4: By volume: Phenol Market by region during 2015-2026 in million tons
Table 5: By Value: key Phenol Markets in US$ billion
Table 6: By Volume: key Phenol Markets in million tons
List of Figures
Figure 1: By value: Phenol Market segment share during 2015-2026 in %
Figure 2: By volume: Phenol Market segment share during 2015-2026 in %
Figure 3: By value: Share of Bisphenol-A in Phenol Market during 2015-2026 in %
Figure 4: By value: Bisphenol-A in Phenol Market during 2015-2026 in US$ billion
Figure 5: By volume: Share of Bisphenol-A Market during 2015-2026 in %
Figure 6: By volume: Bisphenol-A Market during 2015-2026 in million tons
Figure 7: By value: Share of Phenolic resins Market during 2015-2026 in %
Figure 8: By value: Phenolic resins Market during 2015-2026 in US$ billion
Figure 9: By volume: Share of Phenolic resins Market during 2015-2026 in %
Figure 10: By volume: Phenolic resins Market during 2015-2026
in million tons
Figure 11: By value: Share of Alkylphenol Market during 2015-2026 in %
Figure 12: By value: Alkylphenol Market during 2015-2026 in US$ billion
Figure 13: By volume: Share of Alkylphenol Market during 2015-2026 in %
Figure 14: By volume: Alkylphenol Market during 2015-2026 in million tons
Figure 15: By value: Share of Caprolactam Market during 2015-2026 in %
Figure 16: By value: Caprolactam Market during 2015-2026 in US$ billion
Figure 17: By volume: Share of Caprolactam Market during 2015-2026 in %
Figure 18: By volume: Caprolactam Market during 2015-2026 in million tons
Figure 19: By value: Share of Adipic Acid Market during 2015-2026 in %
Figure 20: By value: Adipic Acid Market during 2015-2026 in US$ billion
Figure 21: By volume: Share of Adipic Acid Market during 2015-2026
in %
Figure 22: By volume: Adipic Acid Market during 2015-2026
in million tons
Figure 23: By value: Others Market during 2015-2026 in US$ billion
Figure 24: By value: Share of Others Market during 2015-2026 in %
Figure 25: By volume: Others Market during 2015-2026 in million tons
Figure 26: By volume: Others Market during 2015-2026 in million tons
Figure 27: By Value: key Phenol regional Markets in US$ billion
Figure 28: By Volume: key Phenol regional Markets in million tons
Figure 29: By value: Phenol Market region share during 2015-2026 in %
Figure 30: By volume: Phenol Market region share during 2015-2026 in %
Figure 31: By value: Share of Asia Pacific Market during 2015-2026 in %
Figure 32: By value: Asia Pacific Market during 2015-2026 in US$ billion
Figure 33: By volume: Share of Asia Pacific Market during 2015-2026 in %
Figure 34: By volume: APAC Market during 2015-2026 in million tons
Figure 35: By value: Share of North America Market during 2015-2026 in %
Figure 36: By value: North America Market during 2015-2026 in US$ billion
Figure 37: By volume: Share of North America Market during 2015-2026 in %
Figure 38: By volume: North America Market during 2015-2026 in million tons
Figure 39: By value: Share of Europe Market during 2015-2026 in
Figure 40: By value: Europe Market during 2015-2026 in US$ billion
Figure 41: By volume: Share of Europe Market during 2015-2026 in %
Figure 42: By volume: Europe Market during 2015-2026 in million tons
Figure 43: By value: Share of South America Market during 2015-2026 in %
Figure 44: By value: South America Market during 2015-2026 in US$ billion
Figure 45: By volume: Share of South America Market during 2015-2026 in %
Figure 46: By volume: South America Market during 2015-2026 in million tons
Figure 47: By value: Share of Middle East and Africa Market during 2015-2026 in %
Figure 48: By value: Middle East and Africa Market during 2015-2026 in US$ billion
Figure 49: By volume: Share of Middle East and Africa Market during
2015-2026 in %
Figure 50: By volume: Middle East and Africa Market during 2015-2026
in million tons
Figure 51: By value: Share of APAC Bisphenol-A Market during 2015-2026 in %
Figure 52: By value: APAC Bisphenol-A Market during 2015-2026 in US$ billion
Figure 53: By volume: Share of APAC Bisphenol-A Market during 2015-2026 in %
Figure 54: By volume: APAC Bisphenol-A Market during 2015-2026 in million tons
Figure 55: By value: Share of APAC Phenolic resins Market during
2015-2026 in %
Figure 56: By value: APAC Phenolic resins Market during 2015-2026 in US$ billion
Figure 57: By volume: Share of APAC Phenolic Resins Market during
2015-2026 in %
Figure 58: By volume: APAC Phenolic Resins Market during 2015-2026
in million tons
Figure 59: By value: Share of APAC Alkylphenol Market during 2015-2026 in %
Figure 60: By value: APAC Alkylphenol Market during 2015-2026 in US$ billion
Figure 61: By volume: Share of APAC Alkylphenol Market during 2015-2026 in %
Figure 62: By volume: APAC Alkylphenol Market during 2015-2026 in million tons
Figure 63: By value: Share of APAC Caprolactam Market during 2015-2026 in %
Figure 64: By value: APAC Caprolactam Market during 2015-2026 in US$ billion
Figure 65: By volume: Share of APAC Caprolactam Market during 2015-2026 in %
Figure 66: By volume: APAC Caprolactam Market during 2015-2026 in million tons
Figure 67: By value: Share of APAC Adipic Acid Market during
2015-2026 in %
Figure 68: By value: APAC Adipic Acid Market during 2015-2026
in US$ billion
Figure 69: By volume: Share of APAC Adipic Acid Market during
2015-2026 in %
Figure 70: By volume: APAC Adipic Acid Market during 2015-2026
in million tons
Figure 71: By value: Share of APAC others Market during 2015-2026 in %
Figure 72: By value: APAC others Market during 2015-2026 in US$ billion
Figure 73: By volume: Share of APAC others Market during 2015-2026 in %
Figure 74: By volume: APAC others Market during 2015-2026 in million tons
Figure 75: By value: Share of North America Bisphenol-A Market during
2015-2026 in %
Figure 76: By value: North America Bisphenol-A Market during 2015-2026
in US$ billion
Figure 77: By volume: Share of North America Bisphenol-A Market during
2015-2026 in %
Figure 78: By volume: North America Bisphenol-A Market during 2015-2026 in
million tons
Figure 79: By value: Share of North America Phenolic Resins
Market during 2015-2026 in %
Figure 80: By value: North America Phenolic Resins Market during
2015-2026 in US$ billion
Figure 81: By volume: Share of North America Phenolic Resins
Market during 2015-2026 in %
Figure 82: By volume: North America Phenolic Resins Market
during 2015-2026 in million tons
Figure 83: By value: Share of North America Alkylphenol Market
during 2015-2026 in %
Figure 84: By value: North America Alkylphenol Market during 2015-2026
in US$ billion
Figure 85: By volume: Share of North America Alkylphenol Market during
2015-2026 in %
Figure 86: By volume: North America Alkylphenol Market during 2015-2026
in million tons
Figure 87: By value: Share of North America Caprolactam Market during
2015-2026 in %
Figure 88: By value: North America Caprolactam Market during 2015-2026
in US$ billion
Figure 89: By volume: Share of North America Caprolactam Market during
2015-2026 in %
Figure 90: By volume: North America Caprolactam Market during 2015-2026
in million tons
Figure 91: By value: North America Adipic Acid Market during
2015-2026 in %
Figure 92: By value: North America Adipic Acid Market during
2015-2026 in US$ billion
Figure 93: By volume: Share of North America Adipic Acid
Market during 2015-2026 in %
Figure 94: By volume: North America Adipic Acid Market during
2015-2026 in million tons
Figure 95: By value: North America others Market during 2015-2026 in %
Figure 96: By value: North America others Market during 2015-2026
in US$ billion
Figure 97: By volume: Share of North America others Market during
2015-2026 in %
Figure 98: By volume: North America others Market during 2015-2026
in million tons
Figure 99: By value: Share of Europe Bisphenol-A Market during 2015-2026 in %
Figure 100: By value: Europe Bisphenol-A Market during 2015-2026 in US$ billion
Figure 101: By volume: Share of Europe Bisphenol-A Market during 2015-2026 in %
Figure 102: By volume: Europe Bisphenol-A Market during 2015-2026 in million tons
Figure 103: By value: Share of Europe Phenolic Resins Market during
2015-2026 in %
Figure 104: By value: Europe Phenolic Resins Market during 2015-2026
in US$ billion
Figure 105: By volume: Share of Europe Phenolic Resins Market
during 2015-2026 in %
Figure 106: By volume: Europe Phenolic Resins Market during
2015-2026 in million tons
Figure 107: By value: Share of Europe Alkylphenol Market during
2015-2026 in %
Figure 108: By value: Europe Alkylphenol Market during 2015-2026
in US$ billion
Figure 109: By volume: Share of Europe Alkylphenol solvent Market during
2015-2026 in %
Figure 110: By volume: Europe Alkylphenol Market during 2015-2026
in million tons
Figure 111: By value: Share of Europe Caprolactam Market during
2015-2026 in %
Figure 112: By value: Europe Caprolactam Market during 2015-2026
in US$ billion
Figure 113: By volume: Share of Europe Caprolactam Market during
2015-2026 in %
Figure 114: By volume: Europe Caprolactam Market during 2015-2026
in million tons
Figure 115: By value: Share of Europe Adipic Acid Market
during 2015-2026 in %
Figure 116: By value: Europe Adipic Acid Market during 2015-2026
in US$ billion
Figure 117: By volume: Share of Europe Adipic Acid Market
during 2015-2026 in %
Figure 118: By volume: Europe Adipic Acid Market during
2015-2026 in million tons
Figure 119: By value: Share of Europe others Market during 2015-2026 in %
Figure 120: By value: Europe others Market during 2015-2026 in US$ billion
Figure 121: By volume: Share of Europe others Market during 2015-2026 in %
Figure 122: By volume: Europe others Market during 2015-2026 in million tons
Figure 123: By value: Share of South America Bisphenol-A Market during
2015-2026 in %
Figure 124: By value: South America Bisphenol-A Market during 2015-2026
in US$ billion
Figure 125: By volume: Share of South America Bisphenol-A Market during
2015-2026 in %
Figure 126: By volume: South America Bisphenol-A Market during 2015-2026
in million tons
Figure 127: By value: Share of South America phenolic resin Market during 2015-2026 in %
Figure 128: By value: South America phenolic resin Market
during 2015-2026 in US$ billion
Figure 129: By volume: Share of South America phenolic resin Market during 2015-2026 in %
Figure 130: By volume: South America phenolic resin Market
during 2015-2026 in million tons
Figure 131: By value: Share of South America Alkylphenol Market
during 2015-2026 in %
Figure 132: By value: Share of South America Alkylphenol Market
during 2015-2026 in million tons
Figure 133: By volume: Share of South America Alkylphenol Market
during 2015-2026 in %
Figure 134: By volume: South America Alkylphenol Market during
2015-2026 in million tons
Figure 135: By value: Share of South America Caprolactam Market
during 2015-2026 in %
Figure 136: By value: South America Caprolactam Market during 2015-2026
in US$ billion
Figure 137: By volume: Share of South America Caprolactam Market
during 2015-2026 in %
Figure 138: By volume: South America Caprolactam Market during
2015-2026 in million tons
Figure 139: By value: Share of South America Adipic Acid
Market during 2015-2026 in %
Figure 140: By value: South America Adipic Acid Market during
2015-2026 in US$ billion
Figure 141: By volume: Share of South America Adipic Acid
Market during 2015-2026 in %
Figure 142: By volume: South America Adipic Acid Market
during 2015-2026 in million tons
Figure 143: By value: Share of South America others Market during
2015-2026 in %
Figure 144: By value: South America others Market during 2015-2026
in US$ billion
Figure 145: By volume: Share of South America others Market during 2015-2026
in %
Figure 146: By volume: South America others Market during 2015-2026
in million tons
Figure 147: By value: Share of Middle East and Africa Bisphenol-A Market during
2015-2026 in %
Figure 148: By value: Middle East and Africa Bisphenol-A Market during 2015-2026
in US$ billion
Figure 149: By volume: Share of Middle East and Africa Bisphenol-A Market during
2015-2026 in %
Figure 150: By volume: Middle East and Africa Bisphenol-A Market during
2015-2026 in million tons
Figure 151: By value: Share of Middle East and Africa Phenolic Resins
Market during 2015-2026 in %
Figure 152: By value: Middle East and Africa Phenolic Resins Market
during 2015-2026 in US$ billion
Figure 153: By volume: Share of Middle East and Africa Phenolic Resins
Market during 2015-2026 in %
Figure 154: By volume: Middle East and Africa Phenolic Resins Market
during 2015-2026 in million tons
Figure 155: By value: Share of Middle East and Africa Alkylphenol Market
during 2015-2026 in %
Figure 156: By value: Middle East and Africa Alkylphenol Market during
2015-2026 in million tons
Figure 157: By volume: Share of Middle East and Africa Alkylphenol
Market during 2015-2026 in %
Figure 158: By volume: Middle East and Africa Alkylphenol Market during
2015-2026 in million tons
Figure 159: By value: Share of Middle East and Africa Caprolactam Market
during 2015-2026 in %
Figure 160: By value: Middle East and Africa Caprolactam Market during
2015-2026 in US$ billion
Figure 161: By volume: Share of Middle East and Africa Caprolactam
Market during 2015-2026 in %
Figure 162: By volume: Middle East and Africa Caprolactam Market during
2015-2026 in million tons
Figure 163: By value: Share of Middle East and Africa Adipic Acid
Market during 2015-2026 in %
Figure 164: By value: Middle East and Africa Adipic Acid Market
during 2015-2026 in US$ billion
Figure 165: By volume: Share of Middle East and Africa Adipic Acid
Market during 2015-2026 in %
Figure 166: By volume: Middle East and Africa Adipic Acid Market
during 2015-2026 in million tons
Figure 167: By value: Share of Middle East and Africa others Market during
2015-2026 in %
Figure 168: By value: Middle East and Africa others Market during 2015-2026
in US$ billion
Figure 169: By volume: Share of Middle East and Africa others Market during
2015-2026 in %
Figure 170: By volume: Middle East and Africa others Market during
2015-2026 in million tons
Figure 171: By value: Share of APAC Cumene Market during 2015-2026 in %
Figure 172: By value: APAC Cumene Market during 2015-2026 in US$ billion
Figure 173: By volume: Share of APAC Cumene Market during 2015-2026 in %
Figure 174: By volume: APAC Cumene Market during 2015-2026 in million tons
Figure 175: By value: Share of APAC Dow process Market during
2015-2026 in %
Figure 176: By value: APAC Dow process Market during 2015-2026 in US$ billion
Figure 177: By volume: Share of APAC Dow process Market during
2015-2026 in %
Figure 178: By volume: APAC Dow process Market during 2015-2026
in million tons
Figure 179: By value: Share of APAC Raschig-Hooker process Market during
2015-2026 in %
Figure 180: By value: APAC Raschig-Hooker process Market during 2015-2026 in US$ billion
Figure 181: By volume: Share of APAC Raschig-Hooker process Market during
2015-2026 in %
Figure 182: By volume: APAC Raschig-Hooker process Market during 2015-2026
in million tons
Figure 183: By value: Share of North America Cumene Market during 2015-2026 in %
Figure 184: By value: North America Cumene Market during 2015-2026 in US$ billion
Figure 185: By volume: Share of North America Cumene Market during 2015-2026 in %
Figure 186: By volume: North America Cumene Market during 2015-2026 in million tons
Figure 187: By value: Share of North America Dow process Market during
2015-2026 in %
Figure 188: By value: North America Dow process Market during 2015-2026 in US$ billion
Figure 189: By volume: Share of North America Dow process Market during
2015-2026 in %
Figure 190: By volume: North America Dow process Market during 2015-2026
in million tons
Figure 191: By value: Share of North America Raschig-Hooker process Market during
2015-2026 in %
Figure 192: By value: North America Raschig-Hooker process Market during 2015-2026
in US$ billion
Figure 193: By volume: Share of North America Raschig-Hooker process Market during
2015-2026 in %
Figure 194: By volume: North America Raschig-Hooker process Market during 2015-2026
in million tons
Figure 195: By volume: Share of Europe Cumene Market during 2015-2026 in %
Figure 196: By volume: Europe Cumene Market during 2015-2026 in million tons
Figure 197: By value: Share of Europe Cumene Market during 2015-2026 in %
Figure 198: By value: Europe Cumene Market during 2015-2026 in million tons
Figure 199: By value: Share of Europe Dow process Market during
2015-2026 in %
Figure 200: By value: Europe Dow process Market during 2015-2026 in US$ billion
Figure 201: By volume: Share of Europe Dow process Market during
2015-2026 in %
Figure 202: By volume: Europe Dow process Market during 2015-2026
in million tons
Figure 203: By value: Share of Europe Raschig-Hooker process Market during
2015-2026 in %
Figure 204: By value: Europe Raschig-Hooker process Market during 2015-2026 in US$ billion
Figure 205: By volume: Share of Europe Raschig-Hooker process Market during
2015-2026 in %
Figure 206: By volume: Europe Raschig-Hooker process Market during 2015-2026
in million tons
Figure 207: By value: Share of South America Cumene Market during 2015-2026 in %
Figure 208: By value: South America Cumene Market during 2015-2026 in US$ billion
Figure 209: By volume: Share of South America Cumene Market during 2015-2026 in %
Figure 210: By volume: South America Cumene Market during 2015-2026 in million tons
Figure 211: By value: Share of South America Dow process Market during
2015-2026 in %
Figure 212: By value: South America Dow process Market during 2015-2026 in US$ billion
Figure 213: By volume: Share of South America Dow process Market during
2015-2026 in %
Figure 214: By volume: South America Dow process Market during 2015-2026
in million tons
Figure 215: By volume: Share of South America Raschig-Hooker process Market during
2015-2026 in %
Figure 216: By volume: South America Raschig-Hooker process Market during 2015-2026
in million tons
Figure 217: By volume: Share of South America Raschig-Hooker process Market during
2015-2026 in %
Figure 218: By volume: South America Raschig-Hooker process Market during 2015-2026
in million tons
Figure 219: By value: Share of Middle East and Africa Cumene Market during 2015-2026 in %
Figure 220: By volume: Middle East and Africa Cumene Market during 2015-2026 in million tons
Figure 221: By volume: Share of Middle East and Africa Cumene Market during 2015-2026 in %
Figure 222: By volume: Middle East and Africa Cumene Market during 2015-2026 in million tons
Figure 223: By value: Share of Middle East and Africa Dow process Market during
2015-2026 in %
Figure 224: By value: Middle East and Africa Dow process Market during 2015-2026 in US$ billion
Figure 225: By volume: Share of Middle East and Africa Dow process Market during
2015-2026 in %
Figure 226: By volume: Middle East and Africa Dow process Market during 2015-2026
in million tons
Figure 227: By value: Share of Middle East and Africa Raschig-Hooker process Market during
2015-2026 in %
Figure 228: By value: Middle East and Africa Raschig-Hooker process Market during 2015-2026
in US$ billion
Figure 229: By volume: Share of Middle East and Africa Raschig-Hooker process Market during
2015-2026 in %
Figure 230: By volume: Middle East and Africa Raschig-Hooker process Market during 2015-2026
in million tons
Figure 231: By Value: key Phenol regional Markets in US$ billion
Figure 232: By Volume: key Phenol regional Markets in million tons
Figure 233: By value: Share of US Market during 2015-2026 in %
Figure 234: By Volume: US Market during 2015-2026 in US$ billion
Figure 235: By volume: Share of US Market during 2015-2026 in %
Figure 236: By volume: US Market during 2015-2026 in million tons
Figure 237: By value: Share of Canada Market during 2015-2026 in %
Figure 238: By value: Canada Market during 2015-2026 in US$ billion
Figure 239: By volume: Share of Canada Market during 2015-2026 in %
Figure 240: By volume: Canada Market during 2015-2026 in million tons
Figure 241: By value: Share of Mexico Market during 2015-2026 in %
Figure 242: By value: Mexico Market during 2015-2026 in US$ billion
Figure 243: By volume: Share of Mexico Market during 2015-2026 in %
Figure 244: By volume: Mexico Market during 2015-2026 in million tons
Figure 245: By value: Share of Germany Market during 2015-2026 in %
Figure 246: By value: Germany Market during 2015-2026 in US$ billion
Figure 247: By volume: Share of Germany Market during 2015-2026 in %
Figure 248: By volume: Germany Market during 2015-2026 in million tons
Figure 249: By value: Share of Italy Market during 2015-2026 in %
Figure 250: By value: Italy Market during 2015-2026 in US$ billion
Figure 251: By volume: Share of Italy Market during 2015-2026 in %
Figure 252: By volume: Italy Market during 2015-2026 in million tons
Figure 253: By value: Share of France Market during 2015-2026 in %
Figure 254: By value: France Market during 2015-2026 in US$ billion
Figure 255: By volume: Share of France Market during 2015-2026 in %
Figure 256: By volume: France Market during 2015-2026 in million tons
Figure 257: By value: Share of China Market during 2015-2026 in %
Figure 258: By value: China Market during 2015-2026 in US$ billion
Figure 259: By volume: Share of China Market during 2015-2026 in %
Figure 260: By volume: China Market during 2015-2026 in million tons
Figure 261: By value: Share of Taiwan Market during 2015-2026 in %
Figure 262: By value: Taiwan Market during 2015-2026 in US$ billion
Figure 263: By volume: Share of Taiwan Market during 2015-2026 in %
Figure 264: By volume: Taiwan Market during 2015-2026 in million tons
Figure 265: By value: Share of South Korea Market during 2015-2026 in %
Figure 266: By value: South Korea Market during 2015-2026 in US$ billion
Figure 267: By volume: Share of South Korea Market during 2015-2026 in %
Figure 268: By volume: South Korea Market during 2015-2026 in million tons
Figure 269: By value: Share of Brazil Market during 2015-2026 in %
Figure 270: By value: Brazil Market during 2015-2026 in US$ billion
Figure 271: By volume: Share of Brazil Market during 2015-2026 in %
Figure 272: By volume: Brazil Market during 2015-2026 in million tons
Figure 273: By value: Share of Argentina Market during 2015-2026 in %
Figure 274: By value: Argentina Market during 2015-2026 in US$ billion
Figure 275: By volume: Share of Argentina Market during 2015-2026 in %
Figure 276: By volume: Argentina Market during 2015-2026 in million tons
Figure 277: By value: Share of Colombia Market during 2015-2026 in %
Figure 278: By value: Colombia Market during 2015-2026 in US$ billion
Figure 279: By volume: Share of Colombia Market during 2015-2026 in %
Figure 280: By volume: Colombia Market during 2015-2026 in million tons
Figure 281: By value: Share of South Africa Market during 2015-2026 in %
Figure 282: By value: South Africa Market during 2015-2026 in US$ billion
Figure 283: By volume: Share of South Africa Market during 2015-2026 in %
Figure 284: By volume: South Africa Market during 2015-2026 in million tons
Figure 285: By value: Share of UAE Market during 2015-2026 in %
Figure 286: By value: UAE Market during 2015-2026 in US$ billion
Figure 287: By volume: Share of UAE Market during 2015-2026 in %
Figure 288: By volume: UAE Market during 2015-2026 in million tons
Figure 289: By value: Share of Saudi Arabia Market during 2015-2026 in %
Figure 290: By value: Saudi Arabia Market during 2015-2026 in US$ billion
Figure 291: By volume: Share of Saudi Arabia Market during 2015-2026 in %
Figure 292: By volume: Saudi Arabia Market during 2015-2026 in million tons
Research Methodology
This report uses a comprehensive and iterative research methodology including bottom-up and top-down approaches, to minimize deviance and consequently provide accurate market estimates and forecasts. Additionally, we make use of market breakdown and data triangulation procedures to validate our findings.
Secondary Research
We strictly make use of authentic and credible secondary sources such as company filings, white papers published by reputable authorities and institutions, journals, articles published by industry experts and other gold and silver standard databases such as Bloomberg, Dunn & Bradstreet, Standard & Poor’s and Thomson Reuters, among others.
Primary Research
Our findings from secondary sources are then validated by exhaustive primary interviews either through online surveys or on the phone. Importantly, we conduct these interviews all across the world, either internally or through channel partners in various locations, to get critical local insights as well.
| Report Parameters | Details |
|---|---|
| Time Period Considered | |
| Historical Period | |
| Forecast Period | |
| Units considered | |
| Report Coverage | |
| COVID-19 | |
| Segments | |
| Regions included in the study | |
| Companies Profiled |
The global Phenol market size was estimated at US$21.1 billion in 2021 and is expected to reach US$22.3 billion in 2022.
The global Phenol market is expected to grow at a compound annual growth rate of 3.1% from 2022 to 2029 to reach US$27.4 billion by 2029.
In 2021, Asia Pacific region led the Phenol market in 2021 with a share of 54.2%.
The Bisphenol-A held the largest share in 2021 and accounted for 48.5% of the market.
Some key players operating in the Phenol market include Solvay,INEOS Capital Limited,AdvanSix Inc., Royal Dutch Shell PLC, Kumho P&B Chemicals Inc., Altivia, Mitsubishi Chemical Corporation, Cepsa, Domo Chemical GmbH, and Mitsui Chemicals Inc
Phenol market is driven by the growing use of the chemical as a raw material in many end-use sectors. It is utilized as an industrial cleaner for machinery components as well as electronic devices. In addition, it is used as a key ingredient to manufacture drugs and antioxidants, as a key component in wood preservatives and as a basic material for plastics and explosives.