From 2020 to 2024, the size of the phenol market will grow by US$3.16 billion | Increasing demand for growth in developing economies | Technology

2021-11-13 09:20:39 By : Ms. Clare Huang

New York, October 22, 2021/PRNewswire/--According to Technavio data, the phenol market is expected to grow by US$3.16 billion from 2020 to 2024, a compound annual growth rate of more than 4%. The report provides the latest analysis as well as the exact growth difference and YOY growth rate.

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. In order to take full advantage of opportunities, market suppliers should maintain their position in the slow-growth field, while paying more attention to the growth prospects in the fast-growing field.

Download free samples to learn more about the phenol market segmentation.

Technavio presents a detailed picture of the market by studying, synthesizing and summarizing data from multiple sources. The phenol market report covers the following areas:

Although the growing demand from developing economies will provide tremendous growth opportunities, the safety issues associated with the use of phenol will challenge the growth of market participants.

2020-2024 Phenol Market: Supplier Analysis

We conducted a detailed analysis of approximately 25 suppliers in the phenol market, including Compañía Española de Petroleos SA, Covestro AG, Honeywell International Inc., INEOS Group Holdings SA, Kumho Petrochemical Co. Ltd., Mitsubishi Chemical Holdings Corp., Mitsui Chemicals Inc., PTT Global Chemical Plc, Royal Dutch Shell Plc and Solvay SA. With the support of competitive intelligence and benchmark testing, our phenol market research report aims to provide support for entry support, customer information, mergers and acquisitions, and listing strategies.

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2020-2024 phenol market: main highlights

The compound annual growth rate of the market during the 2020-2024 forecast period

Detailed information on the factors contributing to the growth of the phenol market in the next five years

The scale of the phenol market and its contribution to the mother market

Forecast of upcoming trends and changes in consumer behavior

Growth of the phenol market

Analyze the market competition landscape and detailed supplier information

Comprehensive details of the factors that will challenge the growth of suppliers in the phenol market

Formaldehyde market: The formaldehyde market has been subdivided by end users (construction and furniture, automobiles, etc.), derivatives (urea-formaldehyde, phenolic, melamine-formaldehyde, polyformaldehyde, etc.) and regions (Asia Pacific, North America, Europe), South America and MEA ). Download free sample report

Polyphenol market: The polyphenol market has been segmented by type (grape seed, tea, apple, etc.), application (functional drinks, functional foods, dietary supplements, etc.) and region (Asia Pacific, Europe, North America, South America), and MEA) . Download free sample report

Accelerate with a compound annual growth rate of over 4%

Asia Pacific, Europe, MEA, North and South America

China, Taiwan and South Korea (Republic of Korea)

Leading company, competitive strategy, scope of consumer participation

Compañía Española de Petroleos SA, Covestro AG, Honeywell International Inc., INEOS Group Holdings SA, Kumho Petrochemical Co. Ltd., Mitsubishi Chemical Holdings Corp., Mitsui Chemicals Inc., PTT Global Chemical Plc, Royal Dutch Shell Plc, and Solvay SA

Mother market analysis, market growth incentives and obstacles, fast and slow growth market segment analysis, COVID-19 impact and future consumer dynamics, market conditions analysis during the forecast period

If our report does not contain the data you are looking for, you can contact our analysts and customize the market segment.

For more valuable insights, please view our report snapshot

Technavio is the world's leading technology research and consulting company. Their research and analysis focus on emerging market trends and provide actionable insights to help companies identify market opportunities and formulate effective strategies to optimize their market position. Technavio's report library has more than 500 professional analysts, including more than 17,000 reports, and it is constantly increasing, covering 800 technologies across 50 countries/regions. Their customer base includes companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio's comprehensive coverage, extensive research, and actionable market insight to identify opportunities in existing and potential markets, and evaluate their competitive position in changing market scenarios.

Technavio Research Jesse Maida Media and Marketing Director United States: 1 844 364 1100 United Kingdom: 44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/

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