PUBLISHER: ChemAnalyst | PRODUCT CODE: 1369534
PUBLISHER: ChemAnalyst | PRODUCT CODE: 1369534
Canada Phenol industry demand stood at 62.3 Thousand Tonnes in 2020 and is forecast to reach 106.5 Thousand Tonnes by 2030, growing at a healthy CAGR of 5.59 % until 2030. The primary synthetic route is cumene-based technology in which benzene and propylene react to form cumene, which is then oxidized to hydroperoxide to further yield Phenol and co-product Acetone. Increasing construction activities are bolstering the consumption of laminated beams, flooring panels, and plywood which in turn is driving demand for Phenolic Resins. Due to the outbreak of COVID-19 the Phenol market suffered a setback as the manufacturing units and end-user industries were temporarily shut down. Furthermore, the major market players intentionally halted the production keeping their employees' health and wellness in mind. With imposed new regulations of the COVID-19 and proper precautions, the market is anticipated to regain its growth in the years to come.
Under this subscription, you would be able to access Canada Phenol market demand and supply analysis on a cloud-based platform for one year. The data is updated on a near real-time basis to add any new movement in the industry including but not limited to new plant announcements, plant shutdowns, temporary disruptions in demand or supply, news and deals, and much more specific to Phenol.
Years Considered for Analysis:
Historical Years: 2015 - 2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021 - 2030
This report will be delivered on an online digital platform with a one-year subscription and quarterly update.
Deliverables:
To extract data for the Canada Phenol market, the 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.