-
Sector Analysis
Global Phenol Industry Outlook to 2023 – Capacity and Capital Expenditure Forecasts with Details of All Active and Planned Plants
Global phenol capacity is expected to experience moderate growth over the next five years from 13.85 mtpa in 2018 to 14.69 mtpa by 2023. Around four planned and announced phenol plants are expected to come online, predominantly in Asia over the upcoming years. Among countries, Malaysia and India are expected to lead phenol capacity growth by 2023, followed by Russia