Phenol is a type of solvent used in a variety of industrial applications. It is a colorless, volatile liquid with a characteristic odor and is highly flammable. It is used in the production of plastics, resins, pharmaceuticals, dyes, and other chemicals. It is also used as a solvent in the production of paints, varnishes, and inks. Phenol is also used in the production of rubber, adhesives, and detergents.
Phenol is produced from petroleum and coal tar and is available in both liquid and solid forms. It is also available in a variety of grades, depending on the application. The global phenol market is driven by the increasing demand for plastics, resins, and other chemicals.
Some of the major companies in the phenol market include BASF, Dow Chemical, Eastman Chemical, ExxonMobil, Mitsubishi Chemical, and Shell. Show Less Read more