Phenol Derivatives Market Size, Demand, Scope, Overview and Top Key Players Till 2026 | Expert Review

The report "Phenol Derivatives Market by Derivatives (Bisphenol derivatives-A, Phenolic Resins, Caprolactam, Alkylphenol, and Other Derivatives), by Region - Global Forecast to 2026", The global phenol derivatives market is projected to reach USD 19.78 Billion by 2026, at a CAGR of 4.6% from 2016 to 2026.

Browse 86 market data tables and 52 figures spread through 145 pages and in-depth TOC on “Phenol Derivatives Market by Derivatives (Bisphenol derivatives-A, Phenolic Resins, Caprolactam, Alkylphenol, and Other Derivatives), by Region - Global Forecast to 2026”

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This growth is driven by rising demand from Asia-Pacific region due to highly industrialized countries, such as China. Phenol derivatives are preferred for the production of polycarbonates, epoxy resins, bakelite, and nylon.

Phenol Derivatives Market Segments
On the Basis of Derivatives:

Bisphenol-A
Phenolic Resin
Alkylphenol
Caprolactum
Others
Bisphenol -A: The most-widely used derivative of phenol derivatives

Bisphenol-A is a phenol derivative commonly used for producing polycarbonates and epoxy resins. The bisphenol-A is the most-widely used derivative of phenol. Polycarbonate finds application in food and drink packaging such as water & baby bottles, compact discs, impact-resistant safety equipment, and medical devices. Further, epoxy resins used to coat metal products such as food cans, bottle tops, and water supply pipes. BPA is also be found in certain thermal paper products, including cash register and ATM receipts.

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On the Basis of Region:

Asia-Pacific
China
Taiwan
India
Japan
South Korea
Others
North America
U.S.
Canada
Mexico
Europe
Germany
Italy
France
U.K.
Russia
Turkey
Europe
South America
Brazil
Argentina
Others
Middle East & Africa
UAE
Saudi Arabia
Others
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Asia-Pacific: The largest market for phenol derivatives

The Asia-Pacific region is the largest market in the global phenol derivatives market, in terms of value, and this trend is expected to continue till 2026. Countries in this region such as China, India, Japan, South Korea, and Taiwan are witnessing an increase in the use of phenol derivatives in the production of electronics goods and automotive. The industrial activities in China and South Korea mainly concentrated by manufacturing of electronics goods, and hence increasing the demand of phenol derivatives in the region. China is the largest and fastest-growing market for phenol derivatives and this trend is expected to continue till 2026.

Phenol Derivatives Market Key Players
Major manufacturers such as Compañía Española de Petróleos S.A.U. (CEPSA) (Spain), LG Chem (South Korea), Honeywell International Inc. (U.S.), INEOS (Switzerland), Mitsui Chemicals, Inc. (Japan), Royal Dutch Shell plc (Netherlands), The Dow Chemical Company (U.S.), Saudi Basic Industries Corporation (SABIC) (Saudi Arabia), Kumho Petrochemical Co., Ltd. (South Korea), and PTT Global Chemical Public Company Limited (Thailand) are profiled in this report. These companies have adopted both, organic and inorganic growth strategies.

Compañía Española de Petróleos S.A.U. (CEPSA) (Spain), LG Chem (South Korea), Honeywell International Inc. (U.S.), INEOS (Switzerland), and Mitsui Chemicals, Inc. (Japan) are among the most active players in the global phenol derivatives market.

Compañía Española de Petróleos S.A.U. (CEPSA) (Spain) is the most active player in the phenol derivatives market. It accounted for the largest share of all the developmental activities undertaken in the phenol derivatives market. As a part of its strategy, the company focuses on expanding its phenol derivatives business by venturing into agreements, acquisition, and expansion. In December 2015, The Dow Chemical Company (U.S.) and DuPont (U.S.) announced a merger with a definitive agreement under which the companies combined in an all-stock merger of equals. The combined company was named DowDuPont. In April 2015, Cepsa (Spain) has inaugurated a new chemical plant in China. The new facility has an annual production capacity of 250,000 tons of phenol derivatives, 150,000 tons of acetone and 360,000 tons of cumene.

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The report provides insights on the following pointers:

Market Penetration:Comprehensive information on the product portfolios of the top players in the Phenol Derivatives market.
Product Development/Innovation:Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.
Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.
Market Development:Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Phenol Derivatives market.
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