Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Phenol & Acetone Market by Type (Phenol, Acetone), By Application (Bisphenol A, Phenolic Resin, Caprolactam, Methyl Methacrylate, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Phenol & Acetone Market by Type (Phenol, Acetone), By Application (Bisphenol A, Phenolic Resin, Caprolactam, Methyl Methacrylate, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 143142 3300 Chemical & Material 377 250 Pages 4.8 (46)
                                          

Market Overview:


The global phenol and acetone market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for phenol and acetone in various applications such as bisphenol A, phenolic resin, caprolactam, methyl methacrylate, and others. In addition, the growing demand for these products from developing countries is also contributing to the growth of this market. However, volatility in prices of raw materials may restrain the growth of this market during the forecast period.


Global Phenol & Acetone Industry Outlook


Product Definition:


Phenol is an aromatic organic compound with the molecular formula C6H5OH. It is a colorless crystalline solid that is slightly soluble in water. Phenol has a characteristic odor reminiscent of benzene. Acetone is a colorless, volatile, flammable liquid ketone with the molecular formula CH3COCH3. It is the simplest ketone and has been used commercially as a solvent for paints and varnishes, as well as being produced on a large scale from propylene.


Phenol:


Phenol is a chemical compound and it has many industrial uses. Phenol is a clear, crystalline, volatile liquid that exists in two forms - ortho and para - which are derived from different sources. Ortho-phosphoric acid (HPA) and para-hydroxypropionic acid (PHPA) are the most common types of phenols found in nature.


Acetone:


Acetone is an organic compound and it's a colorless & flammable liquid with a strong odor. It has a similar structure to that of ethanol but higher acidity levels. Acetone is mainly used in the production of phenol which further is used for producing polycarbonate resins, paints & coatings, adhesives & sealants and printing inks among others.


Application Insights:


Bisphenol A dominated the global phenol & acetone market in terms of revenue share in 2017. This is owing to its usage as a building block for numerous industrial applications such as polycarbonate, epoxy, and polyester resins. In addition, it is used for producing plastics and rubber components that are essential for the construction industry across various regions. Phenolic resin emerged as the second-largest application segment with a significant share of over 7% in 2017 on account of its rising demand from end-use industries including automotive and construction. It finds application across numerous industries due to properties such as high strength along with excellent chemical resistance which makes it suitable for use in furniture feetpads, skid steer parts where durability is required at an affordable cost.


Regional Analysis:


Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising product demand from various end-use industries, such as construction, packaging, and automotive. China is one of the largest producers as well as consumers of these chemicals globally. It has been observed that a large number of Chinese manufacturers have shifted their production bases outside China owing to stringent regulations by various regulatory bodies in the country regarding emission levels and manufacturing practices. This factor will also contribute toward regional phenol & acetone market growth over the next eight years.


The European region accounted for a significant share in terms of volume consumption in 2017 due to rapid industrialization coupled with increasing per capita income levels among countries like Germany, Ural River area Countries (Russia), Turkey etc.


Growth Factors:


  • Increasing demand from end-use industries such as paints & coatings, adhesives, and sealants
  • Rising demand for phenol and acetone in Asia Pacific region
  • Growing use of phenol and acetone in the production of plastics
  • Increasing application scope of phenol and acetone in the pharmaceutical industry
  • Technological advancements in the production process

Scope Of The Report

Report Attributes

Report Details

Report Title

Phenol & Acetone Market Research Report

By Type

Phenol, Acetone

By Application

Bisphenol A, Phenolic Resin, Caprolactam, Methyl Methacrylate, Other

By Companies

Ineos, CEPSA, Shell, Mitsui Chemicals, Sinopec & Mitsui, Chang Chun Group, Kumho P&B, PTT Phenol, Formosa, Taiwan Prosperity, LG Chem, Mitsubishi Chemical, Borealis Polymers, Versalis, AdvanSix, Sabic, ALTIVIA, DowDuPont

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

250

Number of Tables & Figures

175

Customization Available

Yes, the report can be customized as per your need.


Global Phenol & Acetone Market Report Segments:

The global Phenol & Acetone market is segmented on the basis of:

Types

Phenol, Acetone

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Bisphenol A, Phenolic Resin, Caprolactam, Methyl Methacrylate, Other

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Ineos
  2. CEPSA
  3. Shell
  4. Mitsui Chemicals
  5. Sinopec & Mitsui
  6. Chang Chun Group
  7. Kumho P&B
  8. PTT Phenol
  9. Formosa
  10. Taiwan Prosperity
  11. LG Chem
  12. Mitsubishi Chemical
  13. Borealis Polymers
  14. Versalis
  15. AdvanSix
  16. Sabic
  17. ALTIVIA
  18. DowDuPont

Global Phenol & Acetone Market Overview


Highlights of The Phenol & Acetone Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Phenol
    2. Acetone
  1. By Application:

    1. Bisphenol A
    2. Phenolic Resin
    3. Caprolactam
    4. Methyl Methacrylate
    5. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Phenol & Acetone Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Phenol & Acetone Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Phenol is a chemical compound with the formula C6H5OH. It is a white solid that can be found in many common household items, such as cleaning products and paint. Acetone is also a chemical compound, but with the formula CH3COOH. It is also a white solid, but it has an unpleasant odor that makes it difficult to work with.

Some of the major players in the phenol & acetone market are Ineos, CEPSA, Shell, Mitsui Chemicals, Sinopec & Mitsui, Chang Chun Group, Kumho P&B, PTT Phenol, Formosa, Taiwan Prosperity, LG Chem, Mitsubishi Chemical, Borealis Polymers, Versalis, AdvanSix, Sabic, ALTIVIA, DowDuPont.

The phenol & acetone market is expected to grow at a compound annual growth rate of 5.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Phenol & Acetone Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Phenol & Acetone Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Phenol & Acetone Market - Supply Chain
   4.5. Global Phenol & Acetone Market Forecast
      4.5.1. Phenol & Acetone Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Phenol & Acetone Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Phenol & Acetone Market Absolute $ Opportunity

5. Global Phenol & Acetone Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Phenol & Acetone Market Size and Volume Forecast by Type
      5.3.1. Phenol
      5.3.2. Acetone
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Phenol & Acetone Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Phenol & Acetone Market Size and Volume Forecast by Application
      6.3.1. Bisphenol A
      6.3.2. Phenolic Resin
      6.3.3. Caprolactam
      6.3.4. Methyl Methacrylate
      6.3.5. Other
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Phenol & Acetone Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Phenol & Acetone Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Phenol & Acetone Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Phenol & Acetone Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Phenol & Acetone Demand Share Forecast, 2019-2026

9. North America Phenol & Acetone Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Phenol & Acetone Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Phenol & Acetone Market Size and Volume Forecast by Application
      9.4.1. Bisphenol A
      9.4.2. Phenolic Resin
      9.4.3. Caprolactam
      9.4.4. Methyl Methacrylate
      9.4.5. Other
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Phenol & Acetone Market Size and Volume Forecast by Type
      9.7.1. Phenol
      9.7.2. Acetone
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Phenol & Acetone Demand Share Forecast, 2019-2026

10. Latin America Phenol & Acetone Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Phenol & Acetone Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Phenol & Acetone Market Size and Volume Forecast by Application
      10.4.1. Bisphenol A
      10.4.2. Phenolic Resin
      10.4.3. Caprolactam
      10.4.4. Methyl Methacrylate
      10.4.5. Other
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Phenol & Acetone Market Size and Volume Forecast by Type
      10.7.1. Phenol
      10.7.2. Acetone
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Phenol & Acetone Demand Share Forecast, 2019-2026

11. Europe Phenol & Acetone Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Phenol & Acetone Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Phenol & Acetone Market Size and Volume Forecast by Application
      11.4.1. Bisphenol A
      11.4.2. Phenolic Resin
      11.4.3. Caprolactam
      11.4.4. Methyl Methacrylate
      11.4.5. Other
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Phenol & Acetone Market Size and Volume Forecast by Type
      11.7.1. Phenol
      11.7.2. Acetone
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Phenol & Acetone Demand Share, 2019-2026

12. Asia Pacific Phenol & Acetone Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Phenol & Acetone Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Phenol & Acetone Market Size and Volume Forecast by Application
      12.4.1. Bisphenol A
      12.4.2. Phenolic Resin
      12.4.3. Caprolactam
      12.4.4. Methyl Methacrylate
      12.4.5. Other
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Phenol & Acetone Market Size and Volume Forecast by Type
      12.7.1. Phenol
      12.7.2. Acetone
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Phenol & Acetone Demand Share, 2019-2026

13. Middle East & Africa Phenol & Acetone Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Phenol & Acetone Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Phenol & Acetone Market Size and Volume Forecast by Application
      13.4.1. Bisphenol A
      13.4.2. Phenolic Resin
      13.4.3. Caprolactam
      13.4.4. Methyl Methacrylate
      13.4.5. Other
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Phenol & Acetone Market Size and Volume Forecast by Type
      13.7.1. Phenol
      13.7.2. Acetone
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Phenol & Acetone Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Phenol & Acetone Market: Market Share Analysis
   14.2. Phenol & Acetone Distributors and Customers
   14.3. Phenol & Acetone Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Ineos
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. CEPSA
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Shell
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Mitsui Chemicals
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Sinopec & Mitsui
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Chang Chun Group
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Kumho P&B
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. PTT Phenol
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Formosa
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Taiwan Prosperity
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. LG Chem
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Mitsubishi Chemical
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. Borealis Polymers
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. Versalis
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. AdvanSix
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. Sabic
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. ALTIVIA
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. DowDuPont
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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