Global Para Tertiary Butyl Phenol Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Para Tertiary Butyl Phenol Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Para Tertiary Butyl Phenol is soluble in most organic solvents and alcohol. The major use is as a monomer in chemical synthesis, for example, for the production of polycarbonate, phenolic resins, epoxy resins. Para Tertiary Butyl Phenol is used as a chain terminator in the synthesis of polycarbonate polymers. The main uses of polycarbonate are in the manufacture of optical discs, DVDs and CD Rom. Furthermore, Para Tertiary Butyl Phenol is used in solid and multi-wall sheet in glazing applications and films and as polycarbonate blends for diverse injection moulded functional parts. Para Tertiary Butyl Phenol is also used in containers for storage of food and beverages and tableware. The application of phenolic resins is as intermediates in contact and pressure sensitive adhesives, coatings, printing inks and electrical varnishes. A further use is for tack improvement in rubber compounding and phenolic resins are ethoxylated for the production of oilfield chemicals. Epoxy resins are used as hardening agents in paints and varnishes and in industrial corrosion protective coatings. Epoxy resins are used in linings for cans used for canned foods.

Market Overview:

The latest research study on the global Para Tertiary Butyl Phenol market finds that the global Para Tertiary Butyl Phenol market reached a value of USD 455.69 million in 2022. It’s expected that the market will achieve USD 605.43 million by 2028, exhibiting a CAGR of 4.85% during the forecast period.

Large range of application

Para Tertiary Butyl Phenol is produced and consumed all over the world, because of its large range of application. It is used in wide range of applications such as rubber-based adhesives, paints, coating resins, painting links, and basic aromatic and perfumery chemicals. It is also a raw material of perfume and spices which are fast-moving consumer goods. These huge application drive the production and sale of Para Tertiary Butyl Phenol.

Environment Pollution

The production of Para Tertiary Butyl Phenol will pollute the environment of local area. And at the same time, it is toxic to aquatic organisms. It may cause long-term adverse effects in the aquatic environment. With pressure from government and public, that specification of Para Tertiary Butyl Phenol will be the major limitation for companies.

High requirements and costs in transportation and storage

Para Tertiary Butyl Phenol belongs to hazardous chemicals. Transportation and storage require well-trained employees, suitable containers, special trucks, and other requirements. To satisfied all requirements, the cost will increase. And these increase the burden on manufacturers.

Region Overview:

China dominated the Para Tertiary Butyl Phenol market in 2022, with a market share of 30.1%.

Company Overview:

SI Group is one of the major players operating in the Para Tertiary Butyl Phenol market, holding a share of 14.32% in 2023.

SI Group

SI Group, Inc. develops and manufactures chemical intermediates, and specialty resins and solutions for industrial and consumer goods worldwide. The company focuses on market segments, such as rubber resins, antioxidants, fuels and lubricants, plastic additives, industrial resins, health and wellness products, adhesive resins, surfactants, engineering plastics, and pharma and specialty products.

Red Avenue Group

At the beginning of its business, Red Avenue is engaged in the trade agency of tire rubber chemical materials with global well-known brands, and gradually becomes the long-term partner of main tire rubber customers at home and abroad by means of honest character and special service.

Segmentation Overview:

By type, Standard Grade segment accounted for the largest share of market in 2022.

Application Overview:

By application, the Resin & Ink segment occupied the biggest share from 2018 to 2022.

Perfumes & Spices

Perfume is a mixture of fragrant essential oils or aroma compounds, fixatives and solvents. Perfumes & spices are used to give the human body, animals, food, objects, and living-spaces an agreeable scent. Para Tertiary Butyl Phenol is an element to made perfumes and spices.

Resin & Ink

Resin is any natural or synthetic organic compound consisting of a noncrystalline or viscous liquid substance. Natural resins are typically fusible and flammable organic substances that are transparent or translucent and are yellowish to brown in colour. They are formed in plant secretions and are soluble in various organic liquids but not in water. Synthetic resins comprise a large class of synthetic products that have some of the physical properties of natural resins but are different chemically. Synthetic resins are not clearly differentiated from plastics. These are used chiefly in varnishes, printing inks, plastics, and sizes and in medicine.
Ink is a liquid or paste that contains pigments or dyes and is used to color a surface to produce an image, text, or design. Ink is used for drawing or writing with a pen, brush, or quill.

Key Companies in the global Para Tertiary Butyl Phenol market covered in Chapter 3:

United Chemical Products Ltd
Anshan Wuhuan Chemical Co., Ltd.
Novokuibyshevsk Petrochemical (Rosneft)
DIC
Zibo Xujia Chemical Co., Ltd.
TASCO Group
Red Avenue
Sasol
SI Group

In Chapter 4 and Chapter 14.2, on the basis of types, the Para Tertiary Butyl Phenol market from 2018 to 2029 is primarily split into:

Technical Grade
Standard Grade

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Para Tertiary Butyl Phenol market from 2018 to 2029 covers:

Perfumes & Spices
Resin & Ink
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)