Phenol Market Size and Applications

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Phenol Market Share, Size, Analysis, Growth, Regional Outlook,
Trends and Forecasts to 2025 | Hexa Research
" The global phenol market size was USD 11.75
billion in 2016 and is expected to grow on account of
its commercial viability and rising demand for its
derivatives such as epoxy resins, polycarbonates,
nylon, Bakelite, detergents, phenolic resins,
pharmaceutical drugs and herbicides"
The global Phenol Market is anticipated to reach USD 31.73 billion by 2025, driven by the rising demand for
derivatives such as epoxy resins, polycarbonates, nylon, phenolic resins, detergents and pharmaceuticals.
These derivatives are important intermediates for manufacturing an extensive range of industrial products
and are expected to boost the market over the forecast period.
Asia Pacific had the highest market share in terms of revenue and volume and is expected to maintain its
position over the forecast period. Furthermore, China and India have been driving the regional market owing
to the increased consumption of the derivatives, produced from phenol to manufacture industrial products.
Asia Pacific market is expected to grow at a CAGR of 4.9% over the projected period. Europe and North
America are likely to grow at a steady state as a result of stringent government norms to use thi s product as
it is toxic and harmful to the environment.
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Bisphenol-A dominated the market accounting for 48.8% of the volume share in 2016. It is one of the major
derivatives used to produce polycarbonates and epoxy resins. Moreover, growing importance in the use of
sustainable energy owing to rising crude oil prices is expected to drive the demand for epoxy resins. These
are thermosets that have an exclusive blend of chemical resistance, toughness and strong adhesion. It is used
as a coating application in wind turbine rotor blades, electrical equipment, steel pipes and metal cans &
containers.
However, phenolic resins are the fastest growing segment in terms of both volume and revenue share. These
are synthetic polymers and are used for making molded products such as laboratory countertops, billiard
balls and as adhesives & coatings which are anticipated to fuel the market over the forecast period.
There is a huge competition among the established players and companies have to comply with
environmental regulations implemented by the EPA and European Commission. The presence of a stringent
regulatory framework is expected to increase the entry barriers for new players.
The majority of the companies in the field enter into a joint venture agreement with other manufacturers and
distributors to expand its presence and meet the requires demand in the particular regions. The leading
players operating in the phenol market include INEOS Phenol, Mitsui Chemicals, Aditya Birla Chemicals, PTT
Phenol, CEPSA Quimica, Shell Chemical, LG Chem, Honeywell Resins & Chemicals, Shandong Sheng Quan
Chemicals Co. Ltd., and SABIC Innovative Plastics.
Hexa Research has segmented the global phenol market based on end-use and region:
Segmentation by end use, 2014 - 2025 (Kilo Tons) (USD Million)
• Bisphenol-A
• Phenolic resins
• Caprolactam
• Others
Segmentation by region, 2014 - 2025 (Kilo Tons) (USD Million)
• North America
• U.S.
• Europe
• Russia
• Asia Pacific
• China
• India
• Central & South America
• Brazil
• Middle East & Africa
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Key players analyzed
• INEOS Phenol
• Mitsui Chemicals
• Aditya Birla Chemicals
• PTT Phenol
• CEPSA Quimica
• Shell Chemical
• LG Chem
• Honeywell Resins & Chemicals
• Shandong Sheng Quan Chemicals Co. Ltd
• SABIC Innovative Plastics.
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Table of Content of Phenol Market
Chapter 1. Market Summary
1.1. Market trends & movement
Chapter 2. Phenol Market Trends: Drivers & Opportunities
2.1. Introduction
2.2. Key industry trends
2.3. Market drivers
2.4. Market restraints
2.5. Value chain analysis
2.6. Porter's Five Forces analysis
2.7. SWOT
Chapter 3. Phenol Market Trends, By End-Use
3.1. Global phenol market movement, end-use, 2016 & 2025
3.1.1. Bisphenol-A
3.1.1.1. Market estimates and forecast, 2014 - 2025
3.1.2. Phenolic resins
3.1.2.1. Market estimates and forecast, 2014 - 2025
3.1.3. Caprolactam
3.1.3.1. Market estimates and forecast, 2014 - 2025
3.1.4. Others
3.1.4.1. Market estimates and forecast, 2014 - 2025
Chapter 4. Phenol Market Trends, By Region
4.1. Global phenol market movement, by region, 2016 & 2025
4.1.1. North America
4.1.1.1. Market estimates and forecast, 2014 - 2025
4.1.1.2. Market estimates and forecast, by end-use, 2014 - 2025
4.1.2. Europe
4.1.2.1. Market estimates and forecast, 2014 - 2025
4.1.2.2. Market estimates and forecast, by end-use, 2014 - 2025
4.1.3. Asia Pacific
4.1.3.1. Market estimates and forecast, 2014 - 2025
4.1.3.2. Market estimates and forecast, by end-use, 2014 - 2025
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4.1.4. Central & South America
4.1.4.1. Market estimates and forecast, 2014 - 2025
4.1.4.2. Market estimates and forecast, by end-use, 2014 - 2025
4.1.5. Middle East & Africa
4.1.5.1. Market estimates and forecast, 2014 - 2025
4.1.5.2. Market estimates and forecast, by end-use, 2014 - 2025
Chapter 5. Key Country Markets
5.1. U.S.
5.1.1. Market estimates and forecast, 2014 - 2025
5.1.2. Market estimates and forecast, by end-use, 2014 - 2025
5.2. Russia
5.2.1. Market estimates and forecast, 2014 - 2025
5.2.2. Market estimates and forecast, by end-use 2014 - 2025
5.3. China
5.3.1. Market estimates and forecast, 2014 - 2025
5.3.2. Market estimates and forecast, by end-use, 2014 - 2025
5.4. India
5.4.1. Market estimates and forecast, 2014 - 2025
5.4.2. Market estimates and forecast, by end-use, 2014 - 2025
5.5. Brazil
5.5.1. Market estimates and forecast, 2014 - 2025
5.5.2. Market estimates and forecast, by end-use, 2014 - 2025
Chapter 6. Competitive Landscape
6.1. Competitive landscape analysis, 2016
6.2. Strategic Framework
6.3. Potential customer base concentration
6.4. Company market positioning
6.5. Company profiles
6.5.1. INEOS Phenol
6.5.1.1. Company Overview
6.5.1.2. Product Benchmarking
6.5.1.3. Financial Performance
6.5.1.4. Recent Initiatives
6.5.2. Mitsui Chemicals
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6.5.2.1. Company Overview
6.5.2.2. Product Benchmarking
6.5.2.3. Financial Performance
6.5.2.4. Recent Initiatives
6.5.3. Aditya Birla Chemicals
6.5.3.1. Company Overview
6.5.3.2. Product Benchmarking
6.5.3.3. Financial Performance
6.5.3.4. Recent Initiatives
6.5.4. CEPSA Quimica
6.5.4.1. Company Overview
6.5.4.2. Product Benchmarking
6.5.4.3. Financial Performance
6.5.4.4. Recent Initiatives
6.5.5. Shell Chemical
6.5.5.1. Company Overview
6.5.5.2. Product Benchmarking
6.5.5.3. Financial Performance
6.5.5.4. Recent Initiatives
6.5.6. PTT Phenol
6.5.6.1. Company Overview
6.5.6.2. Product Benchmarking
6.5.6.3. Financial Performance
6.5.6.4. Recent Initiatives
6.5.7. Honeywell Resins & Chemicals
6.5.7.1. Company Overview
6.5.7.2. Product Benchmarking
6.5.7.3. Financial Performance
6.5.7.4. Recent Initiatives
6.5.8. Shandong Sheng Quan Chemicals Co. Ltd
6.5.8.1. Company Overview
6.5.8.2. Product Benchmarking
6.5.8.3. Financial Performance
6.5.8.4. Recent Initiatives
6.5.9. LG Chem
6.5.9.1. Company Overview
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6.5.9.2. Product Benchmarking
6.5.9.3. Financial Performance
6.5.9.4. Recent Initiatives
6.5.10. SABIC Innovative Plastics
6.5.10.1. Company Overview
6.5.10.2. Product Benchmarking
6.5.10.3. Financial Performance
6.5.10.4. Recent Initiatives
6.5.11. List of other vendors
Chapter 7. Methodology and Scope
7.1. Research methodology
7.2. Research Scope & Assumptions
7.3. List of data sources
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The global phenol market size was USD 11.75 billion in 2016 and is expected to grow on account of its commercial viability and rising demand for its derivatives