Global Phenol & Acetone Market Growth 2023-2029

Global Phenol & Acetone Market Growth 2023-2029

Product Code:455051

Published Date: Feb 08,2023

Pages: 111

Region: Global

Category: Chemical & Material

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Acetone is a colorless liquid used primarily in the production of other chemicals and also as a solvent in products such as nail polish removers, cement, lacquers, cleaners, coatings, paint, paint thinner, films and adhesives.

LPI (LP Information)' newest research report, the “Phenol & Acetone Industry Forecast” looks at past sales and reviews total world Phenol & Acetone sales in 2022, providing a comprehensive analysis by region and market sector of projected Phenol & Acetone sales for 2023 through 2029. With Phenol & Acetone sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Phenol & Acetone industry.

This Insight Report provides a comprehensive analysis of the global Phenol & Acetone landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Phenol & Acetone portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Phenol & Acetone market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Phenol & Acetone and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Phenol & Acetone.

The global Phenol & Acetone market size is projected to grow from US$ 23360 million in 2022 to US$ 33280 million in 2029; it is expected to grow at a CAGR of 33280 from 2023 to 2029.

The major players in global Phenol & Acetone market include Ineos, CEPSA, Kumho P&B, etc. The top 3 players occupy about 35% shares of the global market. China and North America are main markets, they occupy about 50% of the global market. Phenol is the main type, with a share about 65%. Bisphenol A is the main application, which holds a share about 50%.

This report presents a comprehensive overview, market shares, and growth opportunities of Phenol & Acetone market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Phenol
    Acetone

Segmentation by application
    Bisphenol A
    Phenolic Resin
    Caprolactam
    Methyl Methacrylate
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    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
    DuPont

Key Questions Addressed in this Report
What is the 10-year outlook for the global Phenol & Acetone market?
What factors are driving Phenol & Acetone market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Phenol & Acetone market opportunities vary by end market size?
How does Phenol & Acetone break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?