The United States phenol market attained a volume of 3.40 Billion Tons in 2024. The market is further projected to grow at a CAGR of 4.60% between 2025 and 2034, reaching a volume of 5.33 Billion Tons by 2034.
The increasing demand for phenol in various industries such as plastics, composites, and laminates is driving the market growth. For instance, phenol is used in the production of phenolic resins, which are widely used in the manufacturing of plywood, laminated beams, and flooring panels. The growing construction activities around the world are expected to boost the demand for phenolic resins, thereby driving the United States phenol market growth.
The use of phenol as a disinfectant and cleaner for electronic devices and machinery parts is fuelling the market growth. The increasing usage of phenols in everyday products such as mouthwash, disinfectants, inks, liquid detergents, and floor cleaners is also contributing to the market's expansion. For instance, Lysol, a well-known brand of disinfectants, uses phenol as a key ingredient in its products.
The increasing demand for phenol and phenol derivatives from chemical and pharmaceutical sectors is expected to accelerate the United Statesphenol marketshare. phenol is used as a feedstock for a wide range of compounds and derivatives. For instance, phenol is used in the production of aspirin, paracetamol, and other painkillers.
Phenolic resins are a significant segment, with a growing demand from various industries such as plastics, composites, and laminates. The cumene process is the most common technology used for manufacturing phenol, which is used in the production of phenolic resins.
Meanwhile, BPA is primarily used for manufacturing epoxy resins and polycarbonate, which are high-performing materials used in consumer electronics and industrial applications. The growing demand for BPA is expected to boost the market over the forecast period. Furthermore, the increasing demand for nylon for manufacturing technical textiles, carpets, and other applications is expected to drive the growth of the caprolactam segment during the forecast period.
The increasing demand for phenol in various industries such as plastics, composites, and laminates is driving the market growth. For instance, phenol is used in the production of phenolic resins, which are widely used in the manufacturing of plywood, laminated beams, and flooring panels. The growing construction activities around the world are expected to boost the demand for phenolic resins, thereby driving the United States phenol market growth.
The use of phenol as a disinfectant and cleaner for electronic devices and machinery parts is fuelling the market growth. The increasing usage of phenols in everyday products such as mouthwash, disinfectants, inks, liquid detergents, and floor cleaners is also contributing to the market's expansion. For instance, Lysol, a well-known brand of disinfectants, uses phenol as a key ingredient in its products.
The increasing demand for phenol and phenol derivatives from chemical and pharmaceutical sectors is expected to accelerate the United Statesphenol marketshare. phenol is used as a feedstock for a wide range of compounds and derivatives. For instance, phenol is used in the production of aspirin, paracetamol, and other painkillers.
Phenolic resins are a significant segment, with a growing demand from various industries such as plastics, composites, and laminates. The cumene process is the most common technology used for manufacturing phenol, which is used in the production of phenolic resins.
Meanwhile, BPA is primarily used for manufacturing epoxy resins and polycarbonate, which are high-performing materials used in consumer electronics and industrial applications. The growing demand for BPA is expected to boost the market over the forecast period. Furthermore, the increasing demand for nylon for manufacturing technical textiles, carpets, and other applications is expected to drive the growth of the caprolactam segment during the forecast period.
Market Segmentation
United States Phenol Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:Market Breakup by Product Type:
- Phenolic Resin
- Bisphenol A
- Caprolactam
- Others
Market Breakup by Region:
- New England
- Mideast
- Great Lakes
- Plains
- Southeast
- Southwest
- Rocky Mountain
- Far West
Competitive Landscape
Market players are focusing on expanding their production capacity and investing in research and development activities to develop new and innovative phenol-based products.- INEOS AG
- Mitsubishi Chemical Group Corporation
- Honeywell International Inc.
- Shell PLC
- Solvay SA
- ALTIVIA
- AdvanSix Inc.
- Capital Resin Corporation
- SI Group, Inc.
- Others
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 North America Phenol Market Overview
6 United States Phenol Market Overview
7 United States Phenol Market by Product Type
8 United States Phenol Market by Region
9 Market Dynamics
11 Trade Data Analysis (HS Code - 297)
13 Competitive Landscape
Companies Mentioned
- INEOS AG
- Mitsubishi Chemical Group Corporation
- Honeywell International Inc.
- Shell PLC
- Solvay SA
- ALTIVIA
- AdvanSix Inc.
- Capital Resin Corporation
- SI Group, Inc.
