According to the report by Our Research, the global Phenol Market size attained a value of around USD 19.44 billion in 2021. Aided by the rising demand for alkyl phenols, the market is projected to further grow at a CAGR of 4.2% between 2022 and 2027 to reach a value of USD 24.07 billion by 2027.
Source: https://www.bharatbook.com/report/1372577/global-phenol-market-report-and-forecast