Navigating Growth Opportunities and Challenges in a Dynamic Industry
The global phenol market is projected to grow from US$ 28.1 billion in 2024 to US$ 41.4 billion by 2032, at a CAGR of 4.9%. The market was valued at US$ 24.3 billion in 2021 and is expected to see a 5.3% Y-o-Y growth in 2023. Key drivers include the rising use of phenol in products such as mouthwash, disinfectants, inks,...
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