Phenol Market is expected to grow at a CAGR of 4%-5% - An exclusive market research report by Lucintel

Lucintel's latest market report analyzed that phenol provides attractive opportunities in the chemical, construction, automotive, electronic, communication, and metallurgy industries. The phenol market is expected to grow at a CAGR of 4%-5%. In this market, bisphenol-A is the largest segment by application, whereas chemical is largest by end use industry.

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Based on application, the phenol market is segmented into bisphenol-A, phenolic resin, caprolactum, and alkyl phenyl. The bisphenol-A segment is accounted for the largest share of the market in 2020 as it is majorly used in the manufacturing of polycarbonate and epoxy resins, which are used in the production of household equipment, food and beverage containers, and automotive parts.   

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The phenol market is marked by the presence of several big and small players. Some of the prominent players offering phenol include Royal Dutch Shell, AdvanSix, Solvay, CEPSA Química, Deepak Nitrite, Domo Chemicals, Ineos Group Limited, ALTIVIA Chemicals, Prasol Chemicals Pvt Ltd, and Sasol.

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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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