The Phenylphenol Market is expected to reach USD 87.23 Million by 2027, according to a new report by Reports and Data. Phenylphenol finds applications as an antifungal agent and food additive. The organic compound is utilized for post-harvest control disease in citrus fruit, apples, tomatoes, stone fruit, cucumber, and peppers by applying directly in a wax or implementing impregnated wrapping materials, as well as decontamination of seedboxes. Moreover, it finds usage to control apple canker by applying during the dormant phase. Also, these used in fluorescence determination of triose and as deoxyribonuclease inhibitor
Phenylphenol is used as a dyeing agent for hydrophobic synthetic fiber polyvinyl chloride (PVC) and polyester, bactericidal preservatives, surfactants, dye intermediates. In Japan, this organic chemical and sodium salt is applied for preventing of citrus mold by embedding into wax with 0.8% of the product and spraying into the post-harvest citrus or may be used in combination with biphenyl, owing to its ability to reduce the degrade.
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Key participants include Dow Chemicals Company, Sanko Holdings AS, Lanxess Chemical Company, Jinan Yudong Technology, Shandong Xingang Chemical, BASF SE, Sigma-Aldrich, AkzoNobel, Xiangshui Fumei Chemical Co. Ltd., and Hangzhou J H Chemical Co. ltd., among others.
Additionally, Phenylphenol finds extensive use as general surface disinfectant in nursing homes, hospitals, veterinary hospitals, dairy farms, poultry farms, barbershops, commercial laundries, and food processing plants, as well as for sterilization of hospital and veterinary instrument.
The chemicals and materials industry has been steadily growing as this is the industry that can be said to be shaping every other industry. The chemical and materials industry is growing due to the introduction of new products and technologies, increasing environmental consciousness, and changing customer preferences. In recent years, economic growth and the growth of ancillary industries in emerging economies have been critical to the chemical and materials industry's growth.
A new trend has emerged: the production of bio-based and renewable chemicals. These products are likely to solve chemical industry-related environmental concerns. Environmental sustainability, social responsibility, and economic development are the requirements that the industry must meet in order to overcome long-term growth challenges.
The Phenylphenol market has been segmented into key regions of the world and offers an analysis of growth rate, market share, current and emerging trends, production and consumption ratio, industrial chain analysis, demand and supply, import and export, revenue contribution, and presence of key players in each region. A country-wise analysis of the market is offered in the report to gain a better understanding of the regional spread and progress of the Phenylphenol market.
To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/Phenylphenol-market
Further key findings from the report suggest
- By synthesis, chlorobenzene synthesis is likely to grow at a rate of 2.4% in the forecast period. Phenylphenol is produced as a by-product in the pressure phenol synthesis, which uses chlorobenzene for the production of phenol.
- By application, disinfectants contributed to the largest market share in 2019 and is likely to grow at a rate of 3.1% in the forecast period. Phenylphenol is present in low concentrations in a few household products, including spray disinfectants and spray or aerosol underarm deodorants. Also, it is used as a disinfectant fungicide for use in industrial applications, in paints, on ornamental plants and turfs, and as a wood preservative.
- By industry vertical, the food beverage industry held a substantial share in 2019 and is estimated to grow at a rate of 3.6% in the period 2020-2027. Phenylphenol finds application as a preservative in food and beverages.
- The market in the Asia Pacific region is anticipated to witness the fastest growth rate of 4.2% in the forecast period, attributed to the growth of the end-user industries such as the food beverage and agriculture industry in the region. Moreover, arise in the level of disposable income of people in the region is causative of the growth of the market in the forecast period.
- In August 2018, Lanxess, a leading market player, and specialty chemicals company, presented its innovative developments and novel solutions for the leather industry at the All China Leather Exhibition (ACLE) in China. Moreover, the company is putting emphasis on the protection of leather intermediates against fundi and yeasts through preservation with Phenylphenol, one of the most popular and sustainable biocides used in the leather industry.
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For the purpose of this report, Reports and Data have segmented the global Phenylphenol market on the basis of synthesis, application, industry vertical, and region:
Synthesis Outlook (Volume, Kilo Tons; 2017-2027, Revenue, USD Million; 2017-2027)
- Chlorobenzene Synthesis
- Cyclohexanone Synthesis
Application Outlook (Volume, Kilo Tons; 2017-2027, Revenue, USD Million; 2017-2027)
- Fungicides
- Disinfectants
- Flame Retardants
- Metal Preservation
- Others
Regional Outlook (Volume, Kilo Tons; 2017-2027, Revenue, USD Million; 2017-2027)
- North America
- Europe
- Asia Pacific
- Latin America
- MEA
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