[Online Quarterly Update] 4-Octylphenol Market achieved 435 thousand Tonnes in 2020 and is anticipated to grow at a healthy CAGR of 4.84% during the forecast period 2022-2030. Octylphenols are a large number of isomeric compounds that belong to the family of high purity alkylphenols. They are widely used as an intermediate in the production of phenol/formaldehyde resins as well as in the manufacturing of octylphenol ethoxylates. 4-Octylphenol with a chemical formula C14H22O also known as p-tert-Octylphenol comes under a class of phenols, which is substituted at the para- position by an Octyl group. It is manufactured from phenol and diisobutylene using DIC's proprietary techniques. 4- Octylphenols play a huge role as a xenoestrogen, a surfactant and a metabolite. They are extensively used for various commercial applications such as raw material for synthetic chemicals, chemical intermediate to UV stabilizers, products for children (e.g., Toys, children's cosmetics), food packaging, paper plates, cutlery, oil phenolic resins, surfactants, pesticides and many others. 4-Octylphenol also find its applications in the manufacturing of detergents, emulsifiers, dispersants, wetting agents, cleaning agents, foaming agent, etc. Many industries use 4-Octylphenols as additives in the production of rubbers, lubricating oils, films, or molding materials in order to improve the stability and shelf life. On the basis of purity, the 4- Octylphenol market is segmented into 99% purity and 99.5% purity. Based on end-use application, growing demand of 4-Octylphenol as a raw material for the manufacturing of phenolic resins to produce rubbers, paints etc., is dominating the 4- Octylphenol market and is forecasted to maintain its dominance over the next ten years.
In 2020, due to the outbreak of COVID-19, leading authorities in many major global economies like India and China, caused nationwide lockdowns, in order to curb the spread of coronavirus, due to which several industries were negatively affected. There was a decline in the demand of 4-Octylphenol due to disruptions in the global supply chain. However, the demand of 4-Octylphenol by the surfactants industry witnessed a positive impact due to surging demand of disinfectants and detergents during the first half of 2020. With the gradual reopening of market, the demand of 4-Octylphenol is likely to bolster by the end of the year.
Among different regions, the Asia Pacific region is likely to dominate the 4-Octylphenol market in the forecast period until 2030 due to the presence of largest industrial cleaning chemicals market in emerging countries like China, India and others. In Asia Pacific region, China is the largest consumer of 4-Octylphenol, owing to a large number of manufacturers of various end-uses, further propelling the market growth of 4-Octylphenol across the globe.
Years considered for this report:
Historical Period: 2015-2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022–2030
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Objective of the Study:
• To assess the demand-supply scenario of 4-Octylphenol which covers production, demand, and supply of 4-Octylphenol market globally.
• To analyse and forecast the market size of 4-Octylphenol.
• To classify and forecast 4- Octylphenol market based on technology, end-use and regional distribution.
• To identify drivers and challenges for 4- Octylphenol market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in 4- Octylphenol market.
• To identify and analyse the profile of leading players involved in the manufacturing of 4-Octylphenol.
Some of the major key players operating in the 4- Octylphenol market include SI Group, Sasol, DIC Corporation, ICC Industries B.V, Leap Chem Co. Ltd., Skyrun Industrial Co. Ltd, Prasol Chemicals Pvt. Ltd., PCC Group, Hexian GmbH, and others. Sasol Group of Companies produce high quality alkylphenols on a large-scale on modern plants using longstanding processing techniques which are highly demanded by various industries including plastics and rubber additive, lubricant and motor oil, resin and paint, and others.
To extract data for the 4- Octylphenol market, primary research surveys were conducted with 4-Octylphenol manufacturers, suppliers, distributors, wholesalers, and Applications. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various Applications segments and projected a positive outlook for the 4- Octylphenol market over the coming years.
ChemAnalyst calculated 4-Octylphenol demand globally by analyzing the historical data and demand forecast which was carried out considering imported raw materials and monomers used for production of 4-Octylphenol. ChemAnalyst sourced these values from industry experts and company representatives and externally validated them by analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• 4-Octylphenol manufacturers and other stakeholders.
• Organizations, forums, and alliances related to 4-Octylphenol distribution
• Government bodies such as regulating authorities and policy makers.
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as 4-Octylphenol manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
In this report, 4- Octylphenol market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Market, by Type
99% and 99.5%
Market, by Application
Resins, Surfactants, Chemical Intermediates, Pesticides, and others.
Market, by Sales Channel
Direct Company Sale, Direct Import, Distributors & Traders, Retailers
Market, by Region
North America, APAC, Europe, MEA, South America
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