Phenol Industry Capacity and Capital Expenditure Forecasts with Details of Active and Planned Plants to 2027

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Phenol Capacity & CapEx Overview

The phenol capacity was 15.65 million tonnes per annum (mtpa) in 2022 and is expected to increase at an AAGR of more than 3% during 2022-2027. In 2022, China, US, South Korea, Taiwan, and Germany are the key countries in the world accounting for over 68% of the total Phenol capacity.

Phenol Capacity and CapEx Outlook, 2022-2027 (mtpa)

Phenol Capacity and CapEx Outlook, 2022-2027 (mtpa)

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The phenol capacity and capital expenditure outlook provides updated information on all active, planned, and announced phenol projects globally for all regions and related countries. The report will help you in decision-making based on strong historical and forecast of phenol capacity data.

Market Capacity 2022 15.65 Mtpa
AAGR (2022-2027) >3%
Historical Period 2017-2022
Forecast Period 2023-2027
Key Regions ·        Asia

·        Europe

·        North America

·        Middle East

·        Former Soviet Union (FSU)

·        South America

·        Africa

Key Countries ·        China

·        The US

·        South Korea

·        Taiwan

·        Germany

Leading Companies ·        INEOS Ltd

·        Formosa Plastics Group

·        CEPSA Holding LLC

·        Mitsui Chemicals Inc

·        LG Chem Ltd

·        Shell plc

·        Kumho Petrochemical Co Ltd

·        Saudi Basic Industries Corp

·        China Petrochemical Corp

·        Chang Chun Plastics Co Ltd

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Phenol Capacity Contribution by Regions

The key phenol capacity contributors include Asia, Europe, North America, the Middle East, the Former Soviet Union (FSU), South America, and Africa. Among regions, Asia leads with the largest capacity contribution globally over the next five years, followed by Europe and North America. In 2022, China was the largest capacity contributor in Asia.

Phenol Market Analysis by Regions, 2022 (%)

Phenol Market Analysis by Regions, 2022 (%)

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Phenol Capacity Contribution by Countries

Among the key countries, China led with the largest capacity contribution globally in 2022. The key countries besides China with active capacity contributions to the phenol market include the US, South Korea, Taiwan, and Germany, among others.

Phenol Market Analysis by Countries, 2022 (%)

Phenol Market Analysis by Countries, 2022 (%)

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Phenol Market - Competitive Landscape

The key companies in the global phenol market are INEOS Ltd, Formosa Plastics Group, CEPSA Holding LLC, Mitsui Chemicals Inc, LG Chem Ltd, Shell plc, Kumho Petrochemical Co Ltd, Saudi Basic Industries Corp, China Petrochemical Corp, and Chang Chun Plastics Co Ltd. INEOS Ltd had the largest capacity with a major capacity contribution from INEOS Phenol Antwerp Phenol Plant.

Phenol Market Analysis by Leading Companies, 2022 (%)

Phenol Market Analysis by Leading Companies, 2022 (%)

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Phenol Capacity Contribution Regional Outlook (Capacity, mtpa, 2017-2027)

  • Asia
  • Europe
  • North America
  • Middle East
  • Former Soviet Union (FSU)
  • South America
  • Africa

Phenol Capacity Contribution Country Outlook (Capacity, mtpa, 2017-2027)

  • China
  • The US
  • South Korea
  • Taiwan
  • Germany

Scope

The report provides:

  • Global phenol capacity outlook by region
  • Global phenol outlook by country
  • Phenol planned and announced projects details
  • Capacity share of the major phenol producers globally
  • Global phenol capital expenditure outlook by region
  • Global phenol capital expenditure outlook by country

Reasons to Buy

  • Obtain the most up-to-date information available on all active, planned, and announced phenol plants globally
  • Identify opportunities in the global phenol industry with the help of upcoming projects and capital expenditure outlook
  • Facilitate decision-making on the basis of strong historical and forecast of phenol capacity data

Oriental Energy Co Ltd
Shandong Yulong Petrochemical Ltd
Zhejiang Rongsheng Holding Group Co Ltd
INEOS Ltd
Mitsui Chemicals Inc
China Petrochemical Corp
Shell plc
Formosa Plastics Group

Table of Contents

1. Introduction 8

2. Global Phenol Capacity and Capital Expenditure Review 9

2.1 Global Phenol Industry, An Overview 9

2.2 Global Phenol Industry, Capacity by key countries 10

2.3 Global Phenol Industry, Capacity Share vis-à-vis Growth by Key Countries, 2017-2022 11

2.4 Global Phenol Industry, Top 10 Planned and Announced Projects 12

2.5 Global Phenol Industry, Capacity contribution by region 14

2.6 Key Companies by Phenol Capacity Contribution (% Share), 2022 15

2.7 Key Countries by Active Global Capacity Contribution to Phenol Industry 17

2.8 Global Phenol Industry, Installed Plant Capacity by Production Process, 2022 19

2.9 Global Phenol Industry, Installed Plant Capacity by Technology, 2022 23

2.10 Regional Capacity Additions from Planned and Announced Projects 27

2.11 Global Capacity Additions from Planned and Announced Projects by Top 10 Countries 28

2.12 Global Capacity Additions from Planned and Announced Projects by Top 10 Companies 30

2.13 Regional Capex Spending on Planned and Announced Projects 32

2.14 Global Capex Spending on Planned and Announced Projects by countries 33

3. Global Planned and Announced Phenol Projects 34

4. Asia Phenol Industry 36

4.1 Asia Phenol Industry, An Overview 36

4.2 Asia Phenol Industry, Capacity by Key Countries, 2017-2027 37

4.3 Asia Phenol Industry, Capacity Share vis-à-vis Growth by Key Countries, 2017-2022 38

4.4 Asia Phenol Industry, Installed Plant Capacity by Production Process, 2022 39

4.5 Asia Phenol Industry, Installed Plant Capacity by Technology, 2022 42

4.6 Asia Phenol Industry, New Build and Expansion Capital Expenditure Outlook for Planned and Announced Projects 46

4.7 Asia Phenol Industry, New Build and Expansion Capital Expenditure Outlook for Planned and Announced Projects by countries 47

4.8 Phenol Industry in China 48

4.9 Phenol Industry, South Korea 53

4.10 Phenol Industry, Taiwan 54

4.11 Phenol Industry, Japan 55

4.12 Phenol Industry, Thailand 56

4.13 Phenol Industry, Singapore 57

4.14 Phenol Industry, India 58

5. North America Phenol Industry 59

5.1 North America Phenol Industry, An Overview 59

5.2 North America Phenol Industry, Capacity by Key Countries, 2017-2027 60

5.3 North America Phenol Industry, Capacity Share vis-à-vis Growth by Key Countries, 2017-2022 61

5.4 North America Phenol Industry, Installed Plant Capacity by Production Process, 2022 62

5.5 North America Phenol Industry, Installed Plant Capacity by Technology, 2022 64

5.6 North America Phenol Industry, New Build and Expansion Capital Expenditure Outlook for Planned and Announced Projects 67

5.7 North America Phenol Industry, New Build and Expansion Capital Expenditure Outlook for Planned and Announced Projects by countries 68

5.8 Phenol Industry, United States 69

6. Europe Phenol Industry 70

6.1 Europe Phenol Industry, An Overview 70

6.2 Europe Phenol Industry, Capacity by Key Countries, 2017-2027 71

6.3 Europe Phenol Industry, Capacity Share vis-à-vis Growth by Key Countries, 2017-2022 72

6.4 Europe Phenol Industry, Installed Plant Capacity by Production Process, 2022 73

6.5 Phenol Industry, Germany 74

6.6 Phenol Industry, Belgium 75

6.7 Phenol Industry, Spain 76

6.8 Phenol Industry, Italy 77

6.9 Phenol Industry, Finland 78

6.10 Phenol Industry, France 79

6.11 Phenol Industry, Poland 80

7. South America Phenol Industry 81

7.1 South America Phenol Industry, An Overview 81

7.2 South America Phenol Industry, Capacity by Key Countries, 2017-2027 82

7.3 South America Phenol Industry, Capacity Share vis-à-vis Growth by Key Countries, 2017-2022 83

7.4 South America Phenol Industry, Installed Plant Capacity by Production Process, 2022 84

7.5 South America Phenol Industry, Installed Plant Capacity by Technology, 2022 85

7.6 Phenol Industry, Brazil 87

8. Former Soviet Union (FSU) Phenol Industry 88

8.1 FSU Phenol Industry, An Overview 88

8.2 FSU Phenol Industry, Capacity by Key Countries, 2017-2027 89

8.3 FSU Phenol Industry, Capacity Share vis-à-vis Growth by Key Countries, 2017-2022 90

8.4 FSU Phenol Industry, Installed Plant Capacity by Production Process, 2022 91

8.5 Phenol Industry, Russia 92

9. Middle East Phenol Industry 93

9.1 Middle East Phenol Industry, An Overview 93

9.2 Middle East Phenol Industry, Capacity by Key Countries, 2017-2027 94

9.3 Middle East Phenol Industry, Capacity Share vis-à-vis Growth by Key Countries, 2017-2022 95

9.4 Middle East Phenol Industry, Installed Plant Capacity by Production Process, 2022 96

9.5 Middle East Phenol Industry, Installed Plant Capacity by Technology, 2022 97

9.6 Phenol Industry, Saudi Arabia 98

10. Africa Phenol Industry 99

10.1 Africa Phenol Industry, An Overview 99

10.2 Africa Phenol Industry, Capacity by Key Countries, 2017-2027 100

10.3 Africa Phenol Industry, Capacity Share vis-à-vis Growth by Key Countries, 2017-2022 101

10.4 Africa Phenol Industry, Installed Plant Capacity by Production Process, 2022 102

10.5 Africa Phenol Industry, Installed Plant Capacity by Technology, 2022 103

10.6 Phenol Industry, South Africa 104

11. Appendix 105

11.1 Definitions 105

11.2 Abbreviations 106

11.3 Status Definition 106

11.4 Methodology 107

Contact Us 108

Table

Table 1: Phenol Industry, Global, key statistics, 2022 9

Table 2: Phenol Industry, Global, Capacity by Key Countries (mtpa), 2017-2027 10

Table 3: Phenol Industry, Global, Top 10 Planned and Announced Projects Details, 2023-2027 12

Table 4: Phenol Industry, Global, capacity by region (mtpa), 2022-2027 14

Table 5: Phenol Industry, global, capacity share of top 10 Companies (%), 2022 16

Table 6: Phenol Industry, global, active Capacity of Top 10 Countries (mtpa), 2022 18

Table 7: Global, Phenol Industry, Installed Plant Capacity by Production Process (%) 2022 20

Table 8: Global Phenol Industry, Installed Plant Capacity by Cumene Peroxidation process, 2022 20

Table 9: Global Phenol Industry, Installed Plant Capacity by Phenosolvan process, 2022 22

Table 10: Global, Phenol Industry, Installed Plant Capacity by Technology (%) 2022 24

Table 11: Global, Phenol Industry, Installed Plant Capacity by KBR Phenol Technology, 2022 24

Table 12: Global, Phenol Industry, Installed Plant Capacity by Honeywell UOP Phenol Technology, 2022 25

Table 13: Global, Phenol Industry, Installed Plant Capacity by IILA Phenol Technology, 2022 25

Table 14: Global Phenol Industry, Installed Plant Capacity by INEOS Phenol Technology, 2022 26

Table 15: Global Phenol Industry, Installed Plant Capacity by Mitsui Phenol Technology, 2022 26

Table 16: Propylene Industry, global, planned and announced capacity additions by region (mtpa), 2027 27

Table 17: Phenol Industry, global, planned and announced capacity additions by top 10 countries (mtpa), 2027 29

Table 18: Phenol Industry, global, planned and announced capacity additions by Top 10 Companies (mtpa), 2027 31

Table 19: Phenol Industry, Global, Total Capex Spending on Planned and Announced Projects by Region ($ bil), 2023-2027 32

Table 20: Phenol Industry, Global, Total Capex Spending on Planned and Announced Projects by Countries ($ bil), 2023-2027 33

Table 21: Global, planned and announced Phenol projects details 34

Table 22: Phenol Industry, Asia, key statistics, 2022 36

Table 23: Phenol Industry, Asia, Capacity by Key Countries (mtpa), 2017-2027 37

Table 24: Asia, Phenol Industry, Installed Plant Capacity by Production Process (%) 2022 40

Table 25: Asia Phenol Industry, Installed Plant Capacity by Cumene Peroxidation process, 2022 40

Table 26: Asia, Phenol Industry, Installed Plant Capacity by Technology (%) 2022 43

Table 27: Asia, Phenol Industry, Installed Plant Capacity by Honeywell UOP Phenol Technology, 2022 43

Table 28: Asia, Phenol Industry, Installed Plant Capacity by KBR Phenol Technology, 2022 44

Table 29: Asia, Phenol Industry, Installed Plant Capacity by Mitsui Phenol Technology, 2022 44

Table 30: Asia, Phenol Industry, Installed Plant Capacity by IILA/Lummus Phenol Technology, 2022 45

Table 31: North America, Phenol Industry, Installed Plant Capacity by Versalis/Lummus Phenol Technology, 2022 45

Table 32: Phenol Industry, Asia, New Build and Expansion Capital Expenditure Outlook for Planned and Announced Projects ($B), 2023-2027 46

Table 33: Phenol Industry, Asia, New Build and Expansion Capital Expenditure Outlook for Planned and Announced Projects by Countries ($B), 2023-2027 47

Table 34: Phenol Industry, China, Capacity by Major Plants (mtpa) 2017-2027 48

Table 35: Phenol Industry, South Korea, Capacity by Major Plants (mtpa) 2017-2027 53

Table 36: Phenol Industry, Taiwan, Capacity by Major Plants (mtpa) 2017-2027 54

Table 37: Phenol Industry, Japan, Capacity by Major Plants (mtpa) 2017-2027 55

Table 38: Phenol Industry, Thailand, Capacity by Major Plants (mtpa) 2017-2027 56

Table 39: Phenol Industry, Singapore, Capacity by Major Plants (mtpa) 2017-2027 57

Table 40: Phenol Industry, India, Capacity by Major Plants (mtpa) 2017-2027 58

Table 41: Phenol Industry, North America, key statistics, 2022 59

Table 42: Phenol Industry, North America, Capacity by Key Countries (mtpa), 2017-2027 60

Table 43: North America, Phenol Industry, Installed Plant Capacity by Production Process (%) 2022 63

Table 44: North America Phenol Industry, Installed Plant Capacity by Cumene Peroxidation process, 2022 63

Table 45: North America Phenol Industry, Installed Plant Capacity by Phenosolvan process, 2022 63

Table 46: North America, Phenol Industry, Installed Plant Capacity by Technology(%) 2022 65

Table 47: North America, Phenol Industry, Installed Plant Capacity by IILA Phenol Technology, 2022 65

Table 48: North America, Phenol Industry, Installed Plant Capacity by KBR Phenol Technology, 2022 65

Table 49: North America, Phenol Industry, Installed Plant Capacity by Honeywell UOP Phenol Technology, 2022 66

Table 50: North America, Phenol Industry, Installed Plant Capacity by Lurgi Phenol Technology, 2022 66

Table 51: Phenol Industry, North America, New Build and Expansion Capital Expenditure Outlook for Planned and Announced Projects ($B), 2023-2027 67

Table 52: Phenol Industry, North America, New Build and Expansion Capital Expenditure Outlook for Planned and Announced Projects by Countries ($B), 2023-2027 68

Table 53: Phenol Industry, the US, Capacity by Major Plants (mtpa) 2017-2027 69

Table 54: Phenol Industry, Europe, key statistics, 2022 70

Table 55: Phenol Industry, Europe, Capacity by Key Countries (mtpa), 2017-2027 71

Table 56: Phenol Industry, Germany, Capacity by Major Plants (mtpa) 2017-2027 74

Table 57: Phenol Industry, Belgium, Capacity by Major Plants (mtpa) 2017-2027 75

Table 58: Phenol Industry, Spain, Capacity by Major Plants (mtpa) 2017-2027 76

Table 59: Phenol Industry, Italy, Capacity by Major Plants (mtpa) 2017-2027 77

Table 60: Phenol Industry, Finland, Capacity by Major Plants (mtpa) 2017-2027 78

Table 61: Phenol Industry, France, Capacity by Major Plants (mtpa) 2017-2027 79

Table 62: Phenol Industry, Poland, Capacity by Major Plants (mtpa) 2017-2027 80

Table 63: Phenol Industry, South America, key statistics, 2022 81

Table 64: Phenol Industry, South America, Capacity by Key Countries (mtpa), 2017-2027 82

Table 65: South America, Phenol Industry, Installed Plant Capacity by Technology (%) 2022 86

Table 66: South America, Phenol Industry, Installed Plant Capacity by KBR Phenol Technology, 2022 86

Table 67: Phenol Industry, Brazil, Capacity by Major Plants (mtpa) 2017-2027 87

Table 68: Phenol Industry, FSU, key statistics, 2022 88

Table 69: Phenol Industry, FSU, Capacity by Key Countries (mtpa), 2017-2027 89

Table 70: Phenol Industry, Russia, Capacity by Major Plants (mtpa) 2017-2027 92

Table 71: Phenol Industry, Middle East, key statistics, 2022 93

Table 72: Phenol Industry, Middle East, Capacity by Key Countries (mtpa), 2017-2027 94

Table 73: Phenol Industry, Saudi Arabia, Capacity by Major Plants (mtpa) 2017-2027 98

Table 74: Phenol Industry, Africa, key statistics, 2022 99

Table 75: Phenol industry, Africa, Capacity by Key Countries (mtpa), 2017-2027 100

Table 76: Phenol Industry, South Africa, Capacity by Major Plants (mtpa) 2017-2027 104

Figures

Figure 1: Global Phenol Industry, Capacity Share vis-à-vis Growth by Key Countries, 2017-2022 11

Figure 2: Phenol Industry, global, capacity by region (mtpa), 2022-2027 14

Figure 3: Phenol Industry, global, capacity share of top 10 companies (%), 2022 15

Figure 4: Phenol Industry, global, active capacity of top 10 countries (mtpa), 2022 17

Figure 5: Global, Phenol Industry, Installed Plant Capacity by Production Process (%) 2022 19

Figure 6: Global, Phenol Industry, Installed Plant Capacity by Technology (%) 2022 23

Figure 7: Phenol Industry, global, planned and announced capacity additions by region (mtpa), 2027 27

Figure 8: Phenol Industry, global, planned and announced Capacity Additions by Top 10 countries (mtpa), 2027 28

Figure 9: Phenol Industry, global, planned and announced Capacity Additions by Top 10 companies (mtpa), 2027 30

Figure 10: Phenol Industry, Total Capex Spending on Planned and Announced Projects by Region ($ bil), 2023-2027 32

Figure 11: Phenol Industry, Total Capex Spending on Planned and Announced Projects by Countries ($ bil), 2023-2027 33

Figure 12: Phenol Industry, Asia, Capacity Share vis-à-vis Growth by Key Countries, 2017-2022 38

Figure 13: Asia, Phenol Industry, Installed Plant Capacity by Production Process (%) 2022 39

Figure 14: Asia, Phenol Industry, Installed Plant Capacity by Technology (%) 2022 42

Figure 15: Phenol Industry, Asia, New Build and Expansion Capital Expenditure Outlook for Planned and Announced Projects ($B), 2023-2027 46

Figure 16: Phenol Industry, Asia, New Build and Expansion Capital Expenditure Outlook for Planned and Announced Projects by Countries ($B), 2023-2027 47

Figure 17: Phenol Industry, North America, Capacity Share vis-à-vis Growth by Key Countries, 2017-2022 61

Figure 18: North America, Phenol Industry, Installed Plant Capacity by Production Process (%) 2022 62

Figure 19: North America, Phenol Industry, Installed Plant Capacity by Technology (%) 2022 64

Figure 20: Phenol Industry, North America, New Build and Expansion Capital Expenditure Outlook for Planned and Announced Projects ($B), 2023-2027 67

Figure 21: Phenol Industry, North America Industry, New Build and Expansion Capital Expenditure Outlook for Planned and Announced Projects by Countries ($B), 2023-2027 68

Figure 22: Phenol Industry, Europe, Capacity Share vis-à-vis Growth by Key Countries, 2017-2022 72

Figure 23: Phenol Industry, South America, Capacity Share vis-à-vis Growth by Key Countries, 2017-2022 83

Figure 24: South America, Phenol Industry, Installed Plant Capacity by Technology (%) 2022 85

Figure 25: Phenol Industry, FSU, Capacity Share vis-à-vis Growth by Key Countries, 2017-2022 90

Figure 26: Phenol Industry, Middle East, Capacity Share vis-à-vis Growth by Key Countries, 2017-2022 95

Figure 27: Phenol Industry, Africa, Capacity Share vis-à-vis Growth by Key Countries, 2017-2022 101

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