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China Driving the Global Phenol Market


The global phenol market is expected to grow at a CAGR of around 4% during 2015-2020 with bisphenol-A (BPA), phenolic resins and caprolactam representing its major application sectors.

Noida, India, September 17, 2015 --(PR.com)-- Phenol is an aromatic organic compound which is widely used as a precursor or an intermediate in the chemical industry. Represented by the chemical formula C6H5OH, phenol is similar to alcohols as the phenyl group (C6H5) in it is bonded to a hydroxyl group (OH). The stronger hydrogen bonding in phenol enhances its solubility and results in a higher melting and boiling point compared to other hydrocarbons with similar molecular weight. Phenol was first isolated from coal tars in the 1850’s and is currently produced by the oxidation of cumene. This process is advantageous over other production processes such as the Dow process as it gives another valuable industrial chemical- acetone.

Phenol is used in the production of a number of chemicals like- bisphenol-A (BPA), phenolic resins, caprolactam, alkylphenols, aniline, 2,6-xylenol, etc. The first three derivatives- bisphenol-A (BPA), phenolic resins and caprolactam currently consume the majority of its total global production. BPA end applications include automotive parts, optical media, glazing/sheeting, etc. Phenolic resins are primarily used as a binder or coating for oriented strand boards (OSB) or for plywood. In addition, they are used for circuit boards as well as molded products. Caprolactam, the third biggest derivative of phenol is used in textiles, carpets, engineered plastics, packaging and industrial filament applications. Another major factor driving the global phenol market is the rising demand for wind turbines with their blades made up of epoxy resins that are derived from phenol.

IMARC’s new TMMR “Phenol Technical Material Market Report” provides a technical, analytical and statistical insight into the phenol market. The market analysis includes volume trends, value trends, price trends, key players, market breakup by region, market breakup by end-use industries, key success factors, key risk factors, feedstock market trends, import trends, export trends, etc. Apart from the market analysis, the report also provides an exhaustive technical insight on phenol. This includes chemical information, manufacturing process, chemical reactions involved, raw material requirements, mass balance, conversion rate of feedstocks, etc. The study, which is based both on desk research and multiple waves of qualitative primary research, is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who are planning to foray into the phenol industry in any manner.

Key Questions Answered in this Report?

· What has been the historical and current volume trends in the phenol market?
· What has been the historical and current value trends in the phenol market?
· What has been the historical and current price trends in the phenol market?
· Which are the key regions in the phenol market and what is their breakup?
· Which are the key end-use industries for phenol and what is their breakup?
· What is the outlook of the phenol market?
· What are the key success factors in the phenol market?
· What are the key risk factors in the phenol market?
· Who are the key manufacturers in the phenol market?
· How is phenol manufactured?
· What are the chemical reactions involved during the manufacturing of phenol?
· What are the raw material requirements for the manufacturing of phenol?
· What is the mass balance and conversion rates of feedstock’s in phenol manufacturing?
· What is the supply demand of various feedstocks’ that are used in the manufacturing of phenol?
· Who are the key manufacturers of phenol feedstocks?
· What are the import trends of phenol?
· What are the export trends of phenol?

To buy the complete report or to get a free sample, please contact:

IMARC Group Asia:
Email: apac@imarcgroup.com
Phone: +91-120-415-5099

IMARC Group North America:
Email: america@imarcgroup.com
Phone: +1-631-791-1145

IMARC Group Europe, Middle East & Africa:
Email:ema@imarcgroup.com
Phone: +44-702-409-7331

To know more please visit: http://www.imarcgroup.com/phenol-technical-material-market-report-3
Contact Information
IMARC Group
Krishna Sharma
+91-120-415-5099
Contact
http://www.imarcgroup.com/phenol-technical-material-market-report-3

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