Global Market Study on Phenol: Bisphenol - A to Lose Substantial Share During the Forecast Period


Phenol Market
  • Published On : Oct-2017 |
  • Pages : 170 Pages |
  • Format :

Persistence Market Research has prepared a new report titled ‘Phenol Market: Global Industry Analysis 2012–2016 and Forecast 2017 – 2025’. The report compiles qualitative and quantitative assessments by industry experts along with key market players across the value chain. The information delivered in this comprehensive report on the phenol market is thorough and in-depth, providing an evaluation of the growth prospects that exist in the phenol market for the eight-year forecast period ending in 2025. The report has taken into account macroeconomic factors and trends that directly impact the phenol market in detail. The phenol market report includes an intensity map for analyzing the market presence of major participants playing a key role in the growth of the phenol market. Data for global revenue for the period 2012 to 2016 has been compared and contrasted with the forecast period to present readers with a complete picture of the global phenol market.

Report Structure

The phenol market report starts with the executive summary of the phenol market with forecasts for all the geographic regions that have been studied. Market size projections along with key metrics such as CAGR, absolute dollar opportunity, and Y-o-Y growth are mentioned in this section of the phenol market report. The overview that follows is closely related to the executive summary and comprises the definition as well as the taxonomy of the phenol market. The overview also highlights the dynamics in the phenol market i.e. the drivers, restraints, opportunities, and threats. Furthermore, there is a thorough evaluation of the value chain, cost structure, pricing, and distribution channels in the phenol market.

Phenol Market Taxonomy

Region

  • North America
  • Latin America
  • Europe
  • Japan
  • APEJ
  • MEA

End Use

  • Bisphenol-A
  • Phenol Formaldehyde Resin
  • Nylon-KA Oil
  • PPO/Orthooxylenol
  • Alkyl Phenol

Manufacturing Process

  • Cumene process
  • Dow process
  • Rasching Hooker process

The next chapters of the phenol market report focus on a segmentation-wise analysis. The phenol market report has been divided into six key geographic regions viz. North America, Europe, Japan, Latin America, APEJ, and MEA each of which has been given the an adequate amount of attention. Companies that seek to target only one or more high growth areas in the phenol market are advised to refer to this section of the phenol market report.

Competition Landscape

The phenol market report has a competitive landscape wherein the market players that shape the phenol market are analyzed. A brief company overview, recent developments, strategies adopted, and a product portfolio assessment can be expected in this section of the phenol market report. It is possible for report readers to conduct a SWOT analysis making it easier devise long-term business strategies leading to actionable insights.

Best-in-Class Research Methodology

PMR experts have years of experience under their belt and adhere to a robust research methodology for all reports such as that on the phenol market. The analyst team begins with exhaustive primary and secondary research after which a market player list is prepared. This is followed up with extensive interviews that is then rigorously scrutinized with the help of advanced company tools. In conclusion, the phenol market report is validated to extract all possible qualitative and quantitative insights of the phenol market.

Phenol is widely deployed in a number of applications such as paints & coatings, medical, cool refineries, electrical equipment, resin paint, dyeing, and textile wood. In addition to this, phenol is used in industrial applications including flame retardants, fuel additives, sealant and adhesive chemicals, and abrasives. Phenol is also required in floor coverings, bedding products, automotive care products, fuel and related products, and foam seating. The global phenol market is anticipated to witness a robust CAGR of 6.8% for the forecast period 2017-2022.

Bisphenol – A Segment Critical in the Phenol Market

The bisphenol-A segment accounts for approx. half the revenue share of the end use segment in the phenol market at the end of 2017. Nonetheless, it is estimated to lose substantial market share over the course of the forecast period. The APEJ Bisphenol –A market is predicted to be worth just under US$ 4 billion by end 2022, making it imperative for key stakeholders in the phenol market to be present in this dynamic, fast-growing region. The phenol formaldehyde resin segment has a revenue share of roughly a third in the phenol market by end use segment and is on track to gain massive share till the end of 2022. APEJ represents the single largest regional opportunity and also has the highest CAGR growth rate. However, companies in the phenol market could look at targeting either Europe or North America as both are predicted to push past a billion dollars in the phenol formaldehyde resin segment by end 2022.

Global Phenol Market.JPG

Nylon – KA Oil Phenol Segment to Hold Steady in the Phenol Market

The nylon-KA oil phenol segment is projected to have a sixth of the revenue share of the end use segment in the phenol market at the end of 2017 and create an absolute dollar opportunity of over US$ 700 million between 2017 and 2022. Thus, key stakeholders in the phenol market can only ignore it at their own peril. APEJ dominates the global Nylon-KA oil phenol segment as it is assessed to be larger than both Europe and North America combined in the global phenol market. On the other hand, PPO/ Orthooxylenol is a comparatively niche segment in the phenol market as it only comprises a single digit revenue share and may only gain marginal share going forward. The absolute dollar opportunity in the PPO/ Orthooxylenol segment is also minimal, and it wouldn’t be surprising if companies in the phenol market decided to overlook it entirely. For companies that wish to focus on this segment in the phenol market, customized business strategies taking into consideration customer requirements and use cases are the surest way of success.

Cumene Process Dominates the Phenol Market

The cumene process holds the lion’s share in the global phenol market in terms of manufacturing process and is unlikely to cede this commanding position anytime soon. The Cumene process phenol segment is poised to grow to over US$ 17 billion in end 2022, making it large enough for all companies.

Competition Dashboard in the Phenol Market

Persistence Market Research has profiled a number of companies actively involved in the phenol market. The companies are Royal Dutch Shell, AdvanSix Inc., Mitsui Chemicals, Solvay SA, PTT Global Chemical Public Company Limited, CEPSA Química, Deepak Nitrite Limited, Domo Investment Group, Ineos Group Limited, and ALTIVIA Chemicals.

Company Profiles

  • Royal Dutch Shell plc
  • AdvanSix Inc.
  • Mitsui Chemicals, Inc
  • Solvay SA
  • PTT Global Chemical Public Company Limited
  • CEPSA Química, S.A.
  • Deepak Nitrite Limited
  • Domo Investment Group Nv
  • Ineos Group Limited
  • ALTIVIA Chemicals, LLC
  • Others.
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