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Plasticizer applications to drive xylenols market expansion

Author : Ravi Chawat | Published Date : 2021-02-05 

Xylenol compounds like chloroxylenol act as antiseptic agents for various skin disinfection and surgical instruments, besides finding extensive application in personal care solutions like sanitation, and cleaning of wounds. They are utilized in the production of insecticides, fungicides, plasticizers, solvents, artificial resins, rubber chemicals, and pharmaceuticals. Increasing demand for the product from the drug manufacturing and the agrochemical sector will drive the xylenol consumption in the coming years.

A research report compiled by Global Market Insights, Inc., reveals that global xylenols market share will record more than USD 3.7 billion in yearly remuneration by 2026. Annual revenue for 2, 3 xylenol compounds is estimated to be close to USD 650 million over the same period annually, considering the augmenting demand for xylenols based plasticizers to enhance the elasticity and softening attributes of materials.

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Higher adoption of polyvinyl chloride substances that are derived from plasticizer additives across the construction sector to fabricate pipes, fittings, coatings, and insulation materials will further enhance the global xylenol industry value. Solvent application in the xylenols market is expected to exceed USD 200 million in yearly revenues in the next few years.

This is owing to the increase in medical spending and the high risk of hospital-acquired infectious illnesses that include surgical site problems as well as protection from the virus present on the floor surface. Xylenol substances act as a solvent to treat skin infections, cleanse surgical devices as well as limit the spread of the infection by offering microbial resistance. They also restrict the penetration of the gram-positive bacteria by unsettling the cell wall bedsides opposing the enzyme function.

Industry share from xylenol in plasticizer application is likely to strike a 5% CAGR in the coming years as the compound offers properties like excellent moisture, water, alcohol, alkali, and gasoline resistance to facilitate lubrication. Xylenol products offer superior initial adhesion, tackiness, and stickiness, and are apt for resin and plastic production. They are also highly preferred as curing accelerators to manufacture plasticizers.

North America xylenols industry size is anticipated to reach USD 700 million yearly by 2026 due to the expansion of the agriculture, oilfield chemical and the resin industries across the continent. There is increasing product use across pharmaceutical laboratories, homes, and hospitals to sanitize floors and surfaces. Furthermore, the rising adoption of chlorinated xylenol in multiple applications will drive the regional market trends. Xylenol’s medical uses across the European market is expected to register close to 6% CAGR through the coming years.

Considering the surging demand for disinfectants and various cleansing agents in the present COVID-19 period, xylenol compounds like para-chloro-meta-xylenol are witnessing a higher adoption in combination with other ingredients for effective cleaning purposes. This is due to the dominant presence of the microbicidal agent in antiseptic liquids, hand and laundry sanitizers, hand wash, disinfectant sprays, bar soaps, surface cleanser, and soap wipes to resist the suspectable SARS-CoV-2 virus.

Global xylenol manufacturers are investing in strategic collaborations for capacity expansion and amplifying their global visibility. Dorf Ketal, Deepak Novochem Technologies Limited, Konan Chemical Manufacturing Co., SI Group, SASOL, Honshu Chemical Industry Co., Ltd., SABIC, ALPHA CHEMIKA, Ltd., Hangzhou Huasheng Pharm & Chem Co., Ltd. and are some of the leading suppliers.

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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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