Phenolic Compounds Antioxidant Market
Market Size, Share Global Outlook and Forecast 2025-2032
Publication Date: 15 April 2025
Automotive Adhesives & Sealants Market Overview
Phenolic Compounds Antioxidants refer to hindered phenols that act as primary antioxidants, scavenging peroxy radical intermediates in the oxidation process. They offer protection during various stages like melt processing, end use, and long-term storage. Hindered phenols are primary antioxidants that scavenge peroxy radical intermediates in the oxidation process, providing protection across various temperatures
Market Value & Growth Projections
Market Value & Growth
Projections:
• Market Value in 2024 : $1710 million
• Projected Value by 2031: $2268 million • CAGR 4.2% (2024–2031)
Key Market Drivers:
Increased awareness of benefits across diverse applications. Innovations enhancing performance and efficiency of phenolic antioxidants.
Market Segmentation
By Type
By Application
By Region
Polyolefin & Plastic
Key Market Players
Sumitomo
Songwon
Beijing Jiyi Chemical
Regional Market Analysis
North America:
North America holds a 19% share in the global market, with the US, Canada, and Mexico being key contributors. Phenolic Compounds Antioxidant finds applications in various industries within these countries.
Europe:
Europe accounts for 17% of the global market, with key countries like Germany, France, and the UK being prominent users of these antioxidants in different sectors.
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