H1 2023: Nonyl Phenol prices exhibited fluctuating patterns in Asia Pacific region in H1 2023. However, the Indian market outperformed many major economies. The supply maintained a moderate to stable level, and production activities faced no obstacles. Conversely, in February 2023, product prices increased due to a seasonal surge in demand from downstream industries. The supply remained stable, and high-cost imports contributed to the price upswing. Demand from downstream industries saw improvement, and further increases are anticipated in the following month. The stronger performance of downstream industries also bolstered the prevailing price trend. In March 2023, the product prices stayed low owing to decreased demand in the Asian nations. However, throughout the second quarter of 2023, nonylphenol prices experienced a bearish trend in the Asian market. Low prices in Asia spurred by decreasing crude oil prices, the surfactant industry downstream witnessed low demand. This was attributed to the inflation, which dampened the purchasing sentiments of end-user consumers. Additionally, international export offers appeared unpromising, given the subdued global economic outlook, leading to restricted buying activities in the market. The combination of low demand and optimal production levels led the sellers to sell excess inventories at low prices. The reduction in feedstock phenol prices, driven by a decrease in production costs, also played a role in the downward trajectory of nonyl phenol prices.
The global Nonyl Phenol market stood at approximately 850 thousand tonnes in 2022 and is anticipated to grow at a CAGR of 5.4% during the forecast period until 2032. Nonylphenols consist of phenol linked to a nine-carbon tail. Alkylphenols, which encompass nonylphenols, exhibit diverse structural modifications. They find application in the synthesis of emulsifiers, solubilizers, laundry and dish detergents, lubricating oil additives, and antioxidants. Commercially, nonylphenols are produced by alkylating phenol using a blend of nonanes in the presence of acid.
Nonylphenol serves various industrial purposes, including acting as a binder in grease supplements for the tire industry. It is an essential component in the production of epoxy and phenolic resins, serving as a curing agent. The increasing demand for paints and coatings is anticipated to boost the need for epoxy resins in the coming years. Additionally, nonylphenol-based esters find application as flame retardants. This compound is a key ingredient in surfactants and plays a crucial role in the production of nonylphenolethoxylate. Moreover, it is utilized in the manufacturing of trisphosphite, primarily employed as a stabilizer in the rubber and plastic industries. Phosphate esters derived from nonylphenol can also serve as effective flame retardants.
The Nonyl Phenol market is likely to experience robust growth driven by diverse applications across industries. Its pivotal role in the production of surfactants and emulsifiers, where it reduces surface tension and enhances emulsification, underscores its importance in sectors such as textiles, agriculture, and paints. The utilization of Nonyl Phenol in personal care products acts as a market driver, propelling demand for its surfactant properties in the formulation of emulsifiers, foaming agents, stabilizers, and wetting agents. As the personal care industry continues to grow, driven by consumer preferences for effective and innovative products, the demand for Nonyl Phenol in this sector remains a key factor influencing market dynamics.. Its significance extends to the textile sector, where it aids in dye dispersion and enhances the dyeing process. The agriculture industry benefits from Nonyl Phenol in the synthesis of agrochemicals, including pesticides and herbicides. In the plastic and rubber industry, it serves as an antioxidant and stabilizer, contributing to the durability and stability of products. The demand for Nonyl Phenol is further fueled by increasing industrialization globally, as it finds applications across various manufacturing processes. Despite regulatory concerns related to its endocrine-disrupting properties, ongoing research and development aim to address environmental issues and explore eco-friendly alternatives. Nonyl Phenol's versatile applications, ranging from textiles and leather to plastics and agrochemicals, position it as a crucial chemical. The global Nonyl Phenol market size is anticipated to reach nearly 1440 thousand tonnes by 2032.
Based on region, Asia Pacific region is the biggest consumer of Nonyl Phenol. The market is poised for growth fuelled by heightened demand for Nonyl Phenol end-use applications like paints & coatings, propelled by the rapid industrialization and infrastructure development in emerging economies like India and China within the APAC region. China is projected to take the lead in both production and consumption, driven by the expansion of end-use industries like paints & coatings and personal care items.
Based on the end-user industry, the global Nonyl Phenol market is divided into Personal Care, Chemical, Paints & Coatings, and Others. However, Personal Care industry dominates the global Nonyl Phenol market and held a market share of 43% in 2022.
Major players in the Global Nonyl Phenol market are Sasol Germany GmbH, Hangzhou Ruijiang Chemical Co., Polimeri Europe, Dover Chemical Corporation, SI Group, Inc., PCC Group, China Man-Made Fiber Corporation, AkzoNobel N.V., Clariant AG, India Glycols, and Others.
Years considered for this report:
Historical Period: 2015- 2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2024-2032
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Objective of the Study:
• To assess the demand-supply scenario of Nonyl Phenol which covers production, demand and supply of Nonyl Phenol market in the globe.
• To analyse and forecast the market size of Nonyl Phenol
• To classify and forecast Global Nonyl Phenol market based on end-use and regional distribution.
• To examine competitive developments such as expansions, mergers & acquisitions, etc., of Nonyl Phenol market in the globe.
To extract data for Global Nonyl Phenol market, primary research surveys were conducted with Nonyl Phenol manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for Global Nonyl Phenol market over the coming years.
ChemAnalyst calculated Nonyl Phenol demand in the globe by analyzing the historical data and demand forecast which was carried out considering the production of raw material to produce Nonyl Phenol. ChemAnalyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• Nonyl Phenol manufacturers and other stakeholders
• Organizations, forums and alliances related to Nonyl Phenol distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Nonyl Phenol manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, Global Nonyl Phenol market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute
Details
Market size Volume in 2022
850 thousand tonnes
Market size Volume in 2032
1440 thousand tonnes
Growth Rate
CAGR of 5.4% from 2023 to 2032
Base year for estimation
2023
Historic Data
2015 – 2022
Forecast period
2024 – 2032
Quantitative units
Demand in thousand tonnes and CAGR from 2023 to 2032
Report coverage
Industry Market Size, Capacity by Company, Capacity by Location, Operating Efficiency, Production by Company, Demand by End- Use, Demand by Region, Demand by Sales Channel, Demand-Supply Gap, Company Share, Manufacturing Process.
Segments covered
By End-Use: (Personal Care, Chemical, Paints & Coatings, and Others)
By Sales Channel: (Direct Sale and Indirect Sale)
Regional scope
North America, Europe, Asia Pacific, Middle East and Africa, and South America.
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Market Data & Insights
Table of Content
1. Industry Market Size
It is an essential metric for market analysis, as it provides insights into the overall size and growth potential of Nonyl Phenol market in terms of value and volume.
2. Capacity By Company
On our online platform, you can stay up to date with essential manufacturers and their current and future operation capacity on a practically real-time basis for Nonyl Phenol.
3. Capacity By Location
To better understand the regional supply of Nonyl Phenol by analyzing its manufacturers' location-based capacity.
4. Plant Operating Efficiency
To determine what percentage manufacturers are operating their plants or how much capacity is being currently used.
5. Production By Company [Quarterly Update]
Study the historical annual production of Nonyl Phenol by the leading players and forecast how it will grow in the coming years.
6. Demand by End- Use [Quarterly Update]
Discover which end-user industry (Personal Care, Chemical, Paints & Coatings, and Others) are creating a market and the forecast for the growth of the Nonyl Phenol market.
7. Demand by Region
Analyzing the change in demand of Nonyl Phenol in different regions, i.e., North America, Europe, Asia Pacific, Middle East and Africa, and South America, that can direct you in mapping the regional demand.
8. Demand by Sales Channel (Direct and Indirect)
Multiple channels are used to sell Nonyl Phenol. Our sales channel will help in analyzing whether distributors and dealers or direct sales make up most of the industry's sales.
9. Demand-Supply Gap
Determine the supply-demand gap to gain information about the trade surplus or deficiency of Nonyl Phenol.
10. Company Share
Figure out what proportion of the market share of Nonyl Phenol is currently held by leading players across the globe.
11. Manufacturing Process
Discover insights into the intricate manufacturing process of Nonyl Phenol.
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into the worldwide outages affecting the commodity of interest. With every shutdown, it also reflects the impact on
supply of the product in the market at a Global level.
What was the net market size of Nonyl Phenol in terms of volume in 2022?
Ans:
The global market size of Nonyl Phenol had reached approximately 850 thousand tonnes in 2022.
Q2.
Which region is the major consumer of Nonyl Phenol?
Ans:
Asia Pacific region is the leading consumer of Nonyl Phenol globally.
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