Global Phenol & Acetone Market Growth 2025-2031

Global Phenol & Acetone Market Growth 2025-2031

The global Phenol & Acetone market size is predicted to grow from US$ 25740 million in 2025 to US$ 34860 million in 2031; it is expected to grow at a CAGR of 5.2% from 2025 to 2031.

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.

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%.

LP Information, Inc. (LPI) ' newest research report, the “Phenol & Acetone Industry Forecast” looks at past sales and reviews total world Phenol & Acetone sales in 2024, providing a comprehensive analysis by region and market sector of projected Phenol & Acetone sales for 2025 through 2031. 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.

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.

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 analysing 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 by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.