Petrochemicals | Oct 2020
India Phenol Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End User Industries, Distribution Channel, Regional Demand, Import & Export , 2015-2030
The demand for Phenol in India reached 368 KT in FY19 and anticipated to grow at around CAGR 5.87% during the forecast period. Demand for Phenol in India is likely to grow remarkably in the forecast period driven by strong demand for polycarbonate (PC) in construction, automotive, consumer electronics, and other products. To meet the country’s increasing demand from phenolic resins and to reduce the dependence on imports, the phenol industry in India is set to have large capacity additions. Rising demand for Bisphenol A (BPA) from construction sector with rising investments across the residential and non-residential buildings would further drive the India market in the forecast period. India imports around $600 million worth of phenol every year.
Under this subscription, the user would be able to access India Phenol market demand and supply analysis on a cloud-based platform for one year. The data is updated on near real time basis to add any new movement in the Phenol industry including but not limited to new plant establishments, plant shutdowns, temporary disruptions in the product demand or supply, news and deals and secure a competitive advantage over others.
Years Considered for Analysis:
Historical Years: 2015 – 2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021 – 2030
To extract data for global Phenol market, ChemAnalyst team conducts primary research surveys with Phenol manufacturers, suppliers, distributors, wholesalers and customers followed by exhaustive secondary research to cross validate the information being collected through primary research surveys.