Phenol Derivatives Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The phenol derivatives market is expected to register a CAGR of over 4.5% during the forecast period.
The COVID-19 pandemic had a significant impact on the global phenol derivatives market. The pandemic disrupted the raw material supply chain, resulting in a decrease in phenol derivative production and sales. However, the market recovered with the increased demand from the automotive and construction industries for phenol derivatives in 2021. Furthermore, the growing demand for phenol derivatives from the electronics industry is expected to drive market growth.
Key HighlightsThe phenol derivatives market is fragmented in nature. Some of the major players in the market include Altivia, AdvanSix Inc., BASF SE, Cepsa, Domo Chemical, DIC Corporation, Fibrant, and INEOS Capital Ltd.
Additional Benefits:Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook