COVID-19 Impact on 4-tert-amylphenol Market
- The COVID-19 outbreak is hampering the demand for 4-tert-amylphenol in many applications. Governments of various countries across the globe have enforced lockdown measures to curb the spread of the coronavirus. This has resulted in slowdown and even halt in manufacturing operations, thus hampering the demand for 4-tert-amylphenol.
- Key players operating in the 4-tert-amylphenol market are primarily tier I and tier II manufacturers and suppliers. Manufacture and supply chain facilities of these players are spread across various countries in Asia Pacific, Europe, North America, Latin America, and Middle East & Africa. Many of these players have halted their production output over the last few months due to the COVID-19 pandemic. The pandemic has negatively influenced the demand and supply chain of4-tert-amylphenol.
- The COVID-19 outbreak has directly affected the production and demand for 4-tert-amylphenol. Industrial shutdown caused by the COVID-19 pandemic has created disruption in the supply chain. Disruption in supply of raw materials is projected to hamper full-scale operations of companies operating in the market.
Key Drivers of 4-tert-amylphenol Market
- Rise in demand for infrastructure in various parts of the world, owing to increasing population and urbanization, is expected to drive the global 4-tert-amylphenol market during the forecast period
- 4-tert-amylphenol is used in the manufacture of phenolic resin, which is used as oil field demulsifier in oil drilling applications. Increasing population around the globe is propelling the demand for food, thus driving the agriculture industry. In turn, this is boosting the 4-tert-amylphenol market.
Restraints 4-tert-amylphenol Market
Regulations imposed by governing bodies are hampering the 4-tert-amylphenol market. The U.S. Environmental Protection Agency (EPA) issued a Data Call-In (DCI) for active ingredients in 4-tert-amylphenol to support the use of 4-tert-amylphenol in disinfectants. It directed U.S.-based manufacturers and suppliers to stop the manufacture and sale of 4-tert-amylphenol based disinfectant products. This has led to a decline in the production of 4-tert-amylphenol. This is adversely affecting the market.
Asia Pacific to Constitute Significant Share of Global 4-tert-amylphenol Market
- Asia Pacific dominated the global market in 2020. Asia Pacific is the largest market for 4-tert-amylphenol. China is expected to account for the leading share of 4-tert-amylphenol market during the forecast period. The 4-tert-amylphenol market in the region is expected to expand at a rapid pace throughout the forecast period.
Competitive Landscape of Global 4-tert-amylphenol Market
Major players operating in the 4-tert-amylphenol market are adopting various organic and inorganic growth strategies such as joint ventures, mergers & acquisitions, expansion, collaborations, new product launches, strategic alliances, and research and development to increase their regional presence and business operations. The market is currently witnessing fierce competition among several leading players. Key players operating in the market include:
- Si Group
- Sasol Limited
- Tokyo Chemical Industry Co. Ltd.
- Haihang Industry
- Sancai Industry
Global 4-tert-amylphenol Market: Research Scope
Global 4-tert-amylphenol Market, by Purity
Global 4-tert-amylphenol Market, by Product Application
- Plastic Additive
Global 4-tert-amylphenol Market, by End-use
- Plastic & Polymer
Global 4-tert-amylphenol Market, by Region
- North America
- Russia & CIS
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa
4-tert-amylphenol Market Introduction
- 4-tert-amylphenol or para-tertiary amylphenol (PTAP) is used in the manufacture of phenolic resins, which are employed in paints, coating, varnishes, and printing ink resins. It is used as germicide and fumigant; and intermediate for organic mercury germicides, pesticides, and chemicals in rubber and petroleum industries.
- Phenols, such as 4-tert-amylphenol do not behave as organic alcohols, as one might guess from the presence of a hydroxyl(-OH) group in their structure. Instead, they act as weak organic acids. They are much weaker than carboxylic acids. Flammable gas is generated and the heat of the reaction may ignite the gas. 4-tert-amylphenol is toxic by ingestion and can be absorbed through the skin.
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