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Global Xylenols Market Share

Report ID: GMI3980
Published Date: Jan 2022
Report Format: PDF

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Global Xylenols Market Share

Key players operating in the xylenols industry include :

TCI Chemicals (India) Pvt. Ltd
LGC Group
Konan Chemical Manufacturing Co., Ltd.
SI Group
SABIC
Honshu Chemical Industry Co., Ltd.
Dorf Ketal
SASOL
Deepak Novochem Technologies Limited
DEZA a. s

Companies leading in xylenols market focus on merger & acquisitions and collaborations to increase their geographic reach, enhance their product portfolio and strengthen the company’s position in the global market. For instance, In December 2019, LGC Group acquired M B H Analytical Ltd, a UK based manufacturer of metal alloy certified reference materials (CRMs). This strategy will boost the company’s product portfolio and product development capabilities through adoption of analytical methods and techniques.

In June 2018, Sasol Performance Chemicals Division signed an exclusive agreement with U.S. based specialty chemicals distribution company Lintech International LLC for the distribution of inks, paints and coatings. This strategy will help Sasol to strategically align its resources to better serve its target markets, enhance the company’s sales and strengthen its presence in the U.S. xylenol market.

Authors: Kunal Ahuja, Tushar Malkani

Frequently Asked Questions (FAQ) :

Global xylenols market size exceeded USD 2.6 billion in 2020 and is expected to grow at a CAGR of 6% from 2021 to 2027 driven by the soaring demand from polymer and petroleum industries.

The market value from 2,4-xylenols is set to grow at a CAGR of 6% through 2027 owing to the increasing product usage as a fungicide and an organic solvent.

The market revenue from disinfectants is slated to exhibit a CAGR of 7% by 2027 considering the natural antifungal and antibacterial properties of the product.

Asia Pacific xylenols market share was around USD 1.3 billion in 2020 and is poised to witness a CAGR of 7% up to 2027 due to the large-scale production capacity of key phenol producing countries including Japan, India, and China.