The report “Phenol Manufacturing Plant Project Report 2023: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue” by IMARC Group presents a comprehensive guide to establishing a phenol manufacturing plant. The report offers in-depth market analysis and information on unit operations, raw materials, utility and infrastructure requirements, technology and machinery requirements, manpower requirements, packaging and transportation requirements. Additionally, the report details the project economics, including capital investment, project funding, operational expenses, income and expenditure projections, variable and fixed costs, direct and indirect costs, expected ROI, net present value, profit and loss account, and financial analysis.
Phenol refers to an aromatic organic compound that is similar to alcohol but possesses stronger hydrogen bonding capabilities. It is soluble in water, has a higher boiling point, and occurs either as colorless liquids or white solids at standard room temperatures. Phenol is obtained from benzene and propylene by transforming them into cumene, followed by oxidation to cumene hyperoxide and subsequent hydrolysis to form phenol. It is primarily utilized in the pharmaceutical industry as a vaccine preservative to retain the efficacy of vaccines. Phenol is also incorporated into oral analgesics, sore throat sprays, and surgeries for ingrown toenails. It is employed in manufacturing chemical peels owing to its excellent exfoliating properties.
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The increasing utilization of phenol as a preservative in certain pharmaceutical formulations to inhibit the development of microorganisms and increase the shelf life of medicines is primarily driving the phenol market. In addition to this, the escalating application of phenol for disinfecting surgical equipment and as a topical antiseptic for wounds is also contributing to the market growth. Moreover, the growing employment of phenol in the chemical industry as a chemical intermediate to produce various compounds, which are further utilized to manufacture plastics, resins, and dyes, is acting as another significant growth-inducing factor. Apart from this, the rising demand for phenol derivatives, including 2,4,5-trichlorophenol, to synthesize herbicides and pesticides is offering lucrative growth opportunities to the market. Additionally, the inflating application of phenol in the manufacturing of several household disinfectants and cleaning products is anticipated to propel the phenol market in the coming years.
Report Coverage:
Market Segments: The following analysis is provided in the report:
Detailed Process Flow:
The project report offers detailed information about the process flow and the various unit operations for setting up a phenol manufacturing plant.
Project Details, Key Requirements and Costs Involved: The report covers the below aspects:
Project Economics: The report provides the below information about project economics:
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Key Questions Addressed in the Report on Phenol Manufacturing Plant Project:
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