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The p-ethylphenol industry is experiencing steady growth, driven by its expanding use in the production of resins, plastics, and specialty chemicals. The compound is widely utilized in the pharmaceutical and agrochemical industries as an intermediate in synthesizing various products. Increasing demand for advanced materials in sectors like construction and automotive also supports market expansion. Furthermore, rising investments in research and development are unlocking new applications for p-ethylphenol in niche markets. However, the market faces challenges such as fluctuating raw material prices and environmental regulations, which necessitate sustainable production practices to ensure long-term growth.