The global phenol market is heavily influenced by broader developments in the economy of a country or region. Owing to its wide-ranging applications in the residential and commercial sector, its demand is linked to the overall growth of the industrial sector of a country. According to a new report added to the repository of Market Research Reports Search Engine (MRRSE), the global phenol market is likely to grow at a CAGR of ... Read more

The global phenol market is anticipated to reach USD 31.73 billion by 2025, driven by the rising demand for derivatives such as epoxy resins, polycarbonates, nylon, phenolic resins, detergents and pharmaceuticals. These derivatives are important intermediates for manufacturing an extensive range of industrial products and are expected to boost the ... Read more