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)
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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 (%)
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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 (%)
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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 (%)
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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
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
Frequently asked questions
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What was the phenol capacity in 2022?
The phenol capacity was 15.65 mtpa in 2022.
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What is the phenol capacity estimated growth?
The phenol capacity is expected to increase at an AAGR of more than 3% during 2022-2027.
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Which region had the highest phenol capacity contribution in 2022?
Among regions, Asia leads with the largest capacity contribution globally over the next five years.
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Which country had the highest share in the phenol capacity and capital expenditure market in 2022?
Among the key countries, China led with the largest capacity contribution in 2022.
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Which are the leading companies in the phenol market?
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.
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