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Phenol Market Poised for Steady Growth Driven by Rising Demand in Plastics | #phenol

Phenol Market Poised for Steady Growth Driven by Rising Demand in Plastics

Phenol Market Poised for Steady Growth Driven by Rising Demand in Plastics

According to our latest research, the global phenol market size reached USD 22.3 billion in 2024, driven by robust demand across various end-use industries such as automotive, construction, and electronics. The market is experiencing a steady growth momentum with a CAGR of 4.7% from 2025 t