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xylenols market is estimated to grow at over 6% CAGR between 2020 and 2026

Author : Ravi Chawat | Published Date : 2020-09-08 

The global xylenols market is anticipated to witness high adoption owing to its rising demand across the rapidly growing disinfectants industry. Xylenols are naturally occurring phenolic compounds. Usually small amounts of them are present in numerous smoked foods, essential oils from conifers, tea, tobacco smoke, and roasted coffee. It is a common name for any of the six isomers of dimethylphenol or their numerous combinations.

Xylenols are known to be highly flexible compounds and are main raw materials in several different manufacturing processes owing to their unique reactivity and solvency properties. Xylenols are used in several industries, which provides it a diverse array of business avenues. Xylenols are used for manufacturing of phosphate esters, utilized as fire-resistant operational fluids in power plants.

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The product is utilized in blending with other compounds for use in disinfectants, mining and oilfield chemicals, and solvents. It is further used in production of antioxidants for sportswear and jet fuel additives. Xylenols are used in manufacturing of plastics and resins for laminates, coatings, and construction materials. It also used as a reactive solvent in application of insulation to magnet wire for electrical motors and transformers of all sizes which are found in power tools, home appliances, and cars.

With several uses in different sectors, the xylenols market will witness tremendous gains over the coming years. The global xylenols market is bifurcated in terms of product, application, and regional landscape.

Based on product, the xylenols market is categorized into 3,5- Xylenols; 2,6- Xylenols; 2,5- Xylenols; 2,4- Xylenols; 2,3- Xylenols; and others. Among these, global 2, 4 xylenols market will witness gains of over 3.5% by the end of the estimated time period. It is known as a disinfectant and fungicide with a assortment of agricultural uses and several industrial applications.

Global 2, 5 xylenols market will exceed a valuation of approximately $1 billion by the end of analysis timeline. It is known as a flavoring ingredient usually present in alcoholic beverages. It is found in whisky and coffee.

In terms of application, the overall xylenols market is classified into resins, oilfield chemicals, plasticizers, agrochemicals, pharmaceuticals, solvents, disinfectants, and others. Global xylenols market size from others application may record gains of over 2.5% by the end of the analysis timeline.

From a regional frame of reference, North America xylenols market may exceed a valuation of $700 million by the end of the analysis timeframe owing to strong product utilization as disinfectants. Latin America xylenols market may witness gains of over 3.5% by the end of the analysis timeline.

Middle East & Africa xylenols market is likely to surpass a valuation of approximately $90 million by the end of the analysis time period owing to product utilization in oilfield chemicals.

About Author

Ravi Chawat

Ravi Chawat

Ravi Chawat holds a bachelor's degree in Electronics and Telecommunication Engineering. He has worked closely with industry specialists from different segments including chemicals, food and beverages, construction and manufacturing & energy and power. Ravi's article concentrates principally on balancing relevant data but never at the expense of making the content engaging. He believes in giving fair-minded information to guide significant business choices. [email protected] | https://twitter.com/RaviChawat

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