PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1262733
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1262733
Global Nonylphenol Market is valued at approximately USD xxx billion in 2021 and is anticipated to grow with a healthy growth rate of more than xxx% over the forecast period 2022-2029. Nonylphenol is an organic compound which belongs to the category of the alkylphenol group. Nonylphenol is a colorless to pale yellow, viscous liquid, having a characteristic smell. The Nonylphenol market is expanding because of factors such as growing demand for detergent/ surfactant and increasing demand for personal care and cosmetic products.
Nonylphenol is also further processed to produce nonylphenol ethoxylates (NPE) which is non-ionic in nature owing to which it is predominantly used as emulsifiers, detergents, antioxidant, cleaners and in several other industrial application. Its prevalence has progressively increased during the last few decades. According to Statista, in 2019, the global laundry detergent market was valued at just under 120 billion U.S. dollars. The market's value is projected to keep growing with each consecutive year, reaching about 180 billion U.S. dollars by 2026. Furthermore, the global liquid detergent market was valued at about 29.67 billion U.S. dollars in 2019. This market was forecast to reach a market value of approximately 40 billion U.S. dollars by 2025. Another important component driving space increasing demand for personal care and cosmetic products. As per Statista, in 2021, the revenue of the global cosmetics markets reached up to USD 80.74 billion and estimated to reach an annual revenue of around USD 131 billion by 2026. In addition, Revenue in the Beauty & Personal Care market amounts to USD 571.10 thousand in 2023. Also, rising use of chemical synthesis and rising demand for industrial cleaning agents. would create a lucrative growth prospectus for the market over the forecast period However, the high cost of Nonylphenol stifles market growth throughout the forecast period of 2022-2029.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of figures
List of tables and figures and dummy in nature, final lists may vary in the final deliverable