Global phenol derivatives market is
projected to grow from $ 16 billion in 2018 to $ 21.8 billion by 2024, exhibiting
a CAGR of over 5% during the forecast period. Phenol derivatives find various
applications in electronics & electrical goods and automobiles through
polycarbonate and epoxy resins. Growing demand from wind energy industry is
being witnessed, owing to huge use of epoxy resins in the production of wind
turbine blades. Shale oil/tight oil contains more amount of naphtha than
conventional oil, thus growing shale oil exploration and production activities would
further increase the feedstock supply.
The market for phenol derivatives has
been segmented into application, region and company. Based on application, the
market has been segmented into bisphenol-A, phenolic resin, cyclohexanol and
others. Of all the derivatives, the bisphenol-A segment is expected to dominate
the market during the forecast period, backed by its use in the production of
polycarbonates and epoxy resins. Polycarbonate is majorly used in food &
drink packaging such as water & baby bottles, compact discs,
impact-resistant safety equipment and medical devices, while epoxy resins are
used to coat metal products such as food cans, bottle tops and water supply
pipes.
Regionally,
the market has been segmented into North America, South America, Europe, Asia-Pacific
and Middle East & Africa. Among these, Asia-Pacific is expected to register
the fastest growth and account for the largest share in global phenol
derivatives market in coming years. India, China, South Korea and Japan are the
major consumers of phenol derivatives in the Asia-Pacific region. The demand
for phenol derivatives is mainly driven by rising population and increasing urbanization
in these countries, which in turn is resulting in huge demand for electronics
and automotive goods.
Years considered for this report:
Historical Years: 2014-2017
Base
Year: 2018
Estimated
Year: 2019
Forecast
Period: 2020-2024
Objective of the Study:
- To analyze and forecast global
phenol derivatives market size.
- To forecast global phenol derivatives market based
on raw material, technology, derivative and regional distribution.
- To identify drivers and challenges
for global phenol derivatives market.
- To examine competitive
developments such as expansions, new product launches, mergers &
acquisitions, etc., in global phenol derivatives market.
- To conduct the pricing
analysis for phenol derivatives market.
- To identify and analyze the
profile of leading players involved in the manufacturing of phenol
derivatives.
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Some
of the leading players operating in the market include Royal
Dutch Shell Plc, Mitsui Chemicals, Inc., The DOW Chemical Company, INEOS, Saudi
Basic Industries Corporation (SABIC), Compañía Española De Petróleos S.A.U.
(CEPSA), Honeywell International Inc., LG Chem, Kumho Petrochemical Co., Ltd., PTT
Global Chemical Public Company Limited, among others.
TechSci
Research performed both primary as well as exhaustive secondary research for
this study. Initially, TechSci Research sourced a list of leading manufacturers
across the globe. Subsequently, TechSci Research conducted primary research
surveys with the identified companies. While interviewing, the respondents were
also enquired about their competitors. Through this technique, TechSci Research
could include the manufacturers which could not be identified due to the
limitations of secondary research. TechSci Research analyzed the product offerings,
distribution channels and presence of all major players operating in global phenol derivatives market.
TechSci Research
calculated global phenol
derivatives market size using a top-down approach, where data
for various end-user segments was recorded and forecast for the future years.
TechSci Research sourced these values from the industry experts and company
representatives and externally validated through analyzing historical data of
these product types and applications for getting an appropriate, overall market
size. Various secondary sources such as company websites, news articles, press
releases, company annual reports, investor presentations and financial reports
were also studied by TechSci Research.
Key Target Audience:
- Phenol derivatives manufacturers
and suppliers
- Government and other
regulatory bodies
- Organizations,
forums and alliances related to phenol derivatives
- Market research and consulting
firms
The study is useful
in providing answers to several critical questions that are important for the
industry stakeholders such as manufacturers and partners, end users, etc.,
besides allowing them in strategizing investments and capitalizing on market
opportunities.
Report Scope:
In this report,
global phenol derivatives market has been segmented into following
categories, in addition to the industry trends which have also been detailed
below:
o
Bisphenol-A
§ Polycarbonate
o Optical
Media
o Automotive
o Electrical
& Electronic Appliances
§ Epoxy
Resin
o Marine
o Can
Coating
o Others
o Phenolic
Resin
§ Bakelite
o Coating
Industry
o Adhesives
§ Others
o Caprolactam
§ Nylon
Fiber
o Textile/Fabric
o Industrial
Yarn
o Alkylphenol
§ Detergents
§ Additives
o Other
Derivatives
§ Aminophenol
o Dye
o Pharmaceutical
Drugs
§ Cresol
o Antioxidants
o Pesticides
- Market, by Region:
- Asia-Pacific
- China
- South Korea
- Taiwan
- Japan
- India
- Singapore
- Europe
- Germany
- France
- Spain
- Netherlands
- Belgium
o
North America
- United States
- Mexico
- Canada
- Middle East & Africa
- Saudi Arabia
- South Africa
- UAE
- Qatar
- South America
- Brazil
- Argentina
- Colombia
Competitive Landscape
Company Profiles: Detailed analysis of the major
companies present in global phenol derivatives market.
Available Customizations:
With the given market
data, TechSci Research offers customizations according to a company’s specific
needs. The following customization options are available for the report:
Company
Information
- Detailed analysis and profiling of additional market
players (up to five).
Profit
Margin Analysis
- Profit margin analysis in case of direct and indirect
sales channel.
In case you don’t find what you are looking for,
please get in touch with our custom research team at sales@techsciresearch.com