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Phenol Derivatives Market Worth 19.78 Billion USD by 2026


News provided by

MarketsandMarkets

09 May, 2017, 14:30 GMT

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PUNE, India, May 9, 2017 /PRNewswire/ --

The report "Phenol Derivatives Market by Derivatives (Bisphenol derivatives-A, Phenolic Resins, Caprolactam, Alkylphenol, and Other Derivatives), by Region - Global Forecast to 2026", published by MarketsandMarkets™, the global market is projected to reach USD 19.78 Billion by 2026, at a CAGR of 4.6% from 2016 to 2026.

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Browse 86 market data Tables and 52 Figures spread through 145 Pages and in-depth TOC on "Phenol Derivatives Market"

http://www.marketsandmarkets.com/Market-Reports/phenol-derivative-market-383.html
Early buyers will receive 10% customization on this report.

This growth is driven by rising demand from Asia-Pacific region due to highly industrialized countries, such as China. Phenol derivatives are preferred for the production of polycarbonates, epoxy resins, bakelite, and nylon.

Request for Sample PDF of the Report @ http://www.marketsandmarkets.com/pdfdownload.asp?id=383

Bisphenol -A: The most-widely used derivative of phenol derivatives 

Bisphenol-A is a phenol derivative commonly used for producing polycarbonates and epoxy resins. The bisphenol-A is the most-widely used derivative of phenol. Polycarbonate finds application in food and drink packaging such as water & baby bottles, compact discs, impact-resistant safety equipment, and medical devices. Further, epoxy resins used to coat metal products such as food cans, bottle tops, and water supply pipes. BPA is also be found in certain thermal paper products, including cash register and ATM receipts.

Asia-Pacific: The largest market for phenol derivatives 

The Asia-Pacific region is the largest market in the global phenol derivatives market, in terms of value, and this trend is expected to continue till 2026. Countries in this region such as China, India, Japan, South Korea, and Taiwan are witnessing an increase in the use of phenol derivatives in the production of electronics goods and automotive. The industrial activities in China and South Korea mainly concentrated by manufacturing of electronics goods, and hence increasing the demand of phenol derivatives in the region.  China is the largest and fastest-growing market for phenol derivatives and this trend is expected to continue till 2026.

Make an Inquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=383

The phenol derivatives market has many global players competing for market shares. These companies are actively investing in various strategies such as, expansion, acquisitions, and agreement projects globally, to further increase their market shares. Major manufacturers such as Compañía Española de Petróleos S.A.U. (Spain), LG Chem (South Korea), Honeywell International Inc. (U.S.), INEOS (Switzerland), and Mitsui Chemicals, Inc. (Japan), and others have adopted various organic and inorganic developmental strategies in the Asia-Pacific region to expand their businesses in the region.

Browse Related Reports: 

Phenolic Resin Market by Type (Resol Resin, Novolac Resin), Application (Wood Adhesives, Molding, Insulation), End-use Industry (Automotive, building & construction, Furniture) - Global Forecasts to 2021
http://www.marketsandmarkets.com/Market-Reports/phenolic-resin-market-177821389.html

Subscribe Reports from Chemicals & Materials Domain http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets™  

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


Contact:
Mr. Rohan
MarketsandMarkets™
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com

Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical

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