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4-tert-Amyl phenol or para-tertiary Amyl phenol (PTAP) is used in the manufacturing of phenolic resins which are then utilized in paints, coatings, varnishes, and printing ink resins. 4-tert-Amylphenol is used as a germicide and fumigant; intermediate for organic mercury germicides, pesticides, and chemicals used in the rubber and petroleum industries.

The global 4-tert-amylphenol market is expected to surpass US$ 27.9 million by the end of 2028 and exhibit a CAGR of 5.9% during the forecast period (2021 to 2028).

Drivers

Growing demand for infrastructure in various regions of the world, owing to increasing population, urbanization, and retail and hospitality sectors is expected to drive the global 4-tert-amylphenol market growth over the forecast period. For instance, in 2015, Global Construction Perspectives and Oxford Economics stated that the global construction market is expected to grow by US$ 8 trillion at an annual rate of 3.9% by 2030, reaching a total size of US$ 17.5 trillion by 2030. Thus, the rapidly expanding construction industry is expected to boost the demand for paints & coatings, rubbers, and plastics, which in turn, is expected to boost the demand for 4-tert-amylphenol.

Among regions, the Asia Pacific region accounted for the largest revenue share of 46.8% in the global 4-tert-amylphenol market in 2020 and is expected to maintain its dominance in the near future. The regional market was valued at US$ 13.06 Mn in 2020 and is expected to exhibit a CAGR of 6.90% during the forecast period. The Asia Pacific 4-tert-amylphenol market is followed by North America and Europe region.

Figure 1. Global 4-Tert-Amyl Phenol Market Revenue Share (%), By Region, 2020

4–Tert-Amylphenol  | Coherent Market Insights

Market Restraints

Stringent regulations imposed by various governing bodies are a major factor hampering the global 4-tert-amylphenol market growth. For instance, in December 2018, the U.S. Environmental Protection Agency (EPA) issued a Data Call-In (DCI) for the active ingredient para-tertiary amyl phenol (PTAP) manufacturers to support the continued use of 4-tert-amylphenol in disinfectants. The EPA regulated the use of PTAP or 4-tert-amylphenol in disinfectants and asked the U.S. manufacturers and suppliers to stop manufacturing & selling PTAP-based disinfectant products.

Market Trends

The growing usage of 4-tert-amylphenol in a wide range of disinfectant applications is expected to boost the market growth. 4-tert-amylphenol is used in the manufacturing of disinfectants and disinfectant cleaner products used in and around hospital, medical and institutional areas, schools, homes, farms, and other areas, where disinfection is required and/or desired.

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4-Tert-Amyl Phenol Market Report Coverage

Report Coverage Details
Base Year: 2020 Market Size in 2020: US$ 18.5 Mn
Historical Data for: 2017 – 2019 Forecast Period: 2021 to 2028
Forecast Period 2021 to 2028 CAGR: 5.9% 2028 Value Projection: US$ 27.9 Mn
Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: U.K., Germany, France, Italy, Spain, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, ASEAN, South Korea, Australia, and Rest of Asia Pacific
  • Middle East & Africa: Middle East and Africa
Segments covered:
  • By Application: Plastic Additive, Vulcanizing Agent, Disinfectant, Pesticide, Emulsifier, and Others
  • By End -Use: Plastics & Polymer Industry, Rubber Industry, Surface Cleaners, Textile, Agriculture, Oil Drilling, and Others
Companies covered:

SI Group, Sasol Limited, Tokyo Chemical Industry Co. Ltd., BOC Sciences, Lanxess AG, DeLong Chemicals America, Penta Manufacturing Company, Henan Coreychem Co., Ltd., Santa Cruz Biotechnology, Inc., Merck KGaA, ACROS Organics (Thermo Fisher Scientific Group), Apollo Scientific Ltd., Spectrum Laboratory Products Inc., Hangzhou Dayangchem Co. Ltd., LGC Ltd., Chemwill Asia Co. Ltd., AK Scientific, Inc., and Alfa Aesar.

Growth Drivers:
  • The rapid growth of end-use industries utilizing 4-tert-amylphenol
  • Increasing demand for 4-tert-amylphenol for a wide range of disinfectant applications
Restraints & Challenges:
  • Stringent regulations and less awareness about 4-tert-amylphenol

Figure 2. Global 4-Tert-Amyl phenol Market Revenue Share (%), By Application, 2020

4–Tert-Amylphenol  | Coherent Market Insights

By application, the global 4-tert-amylphenol market can be segmented into plastic additive, vulcanizing agent, disinfectant, pesticide, emulsifier, and others. The plastic additive application segment held 62.30% of the market share in 2020 and is expected to keep its dominance over the forecast period. 4-tert-amylphenol is the most common polymer additive used as stabilizers, plasticizers, lubricants, and flame retardants. It is added to prolong the useful life of a polymer formulation by protecting it from thermal and light-assisted oxidation.

Global 4-Tert-Amyl Phenol Market - Impact of Coronavirus (COVID-19) Pandemic

The global 4-tert-Amyl Phenol market is impacted due to the ongoing COVID-19 pandemic. Several governments across the globe have imposed nationwide lockdowns to limit the spread of the virus, which resulted in the shutting down of businesses and ceasing of several economic activities. According to the International Monetary Fund’s 2020 report, the global economy contracted sharply by 3.0% in 2020, which is worse than the 2008-09 financial crisis. Moreover, the supply chain disruption has indirectly led to low demand for 4-tert-amylphenol.

Competitive Section

Key players operating in the global 4-Tert-Amylphenol market include SI Group, Sasol Limited, Tokyo Chemical Industry Co. Ltd., BOC Sciences, Lanxess AG, DeLong Chemicals America, Penta Manufacturing Company, Henan Coreychem Co., Ltd., Santa Cruz Biotechnology, Inc., Merck KGaA, ACROS Organics (Thermo Fisher Scientific Group), Apollo Scientific Ltd., Spectrum Laboratory Products Inc., Hangzhou Dayangchem Co. Ltd., LGC Ltd., Chemwill Asia Co. Ltd., AK Scientific, Inc., and Alfa Aesar.

4-tert-amyl phenol is used in various applications such as disinfectants, oil drilling, as a vulcanizing agent in the rubber industry, etc. The spread of the COVID-19 globally resulted in measures such as lockdown and cease in economic activities, which has severely impacted the industrial sector in every region. Demand for 4-tert-amylphenol has also collapsed in the oil & gas, rubber, and plastics and polymers industries for a period until governments lift their restrictive policies. The compound 4-tert-amylphenol is a widely used disinfectant belonging to the group of short branched-chain alkylphenols. As per the U.S. Department of Commerce 4- tert-amyl phenol produced in or imported into the U.S. with more than one million pounds per year and can be found in the environment in surface water, sediments, and soil.

Market Dynamics

4-tert-amylphenols are extensively used in the manufacturing of ethoxylated novolaks, which are used as oil field demulsifiers in oil drilling applications. Rising crude oil and shale gas exploration activities have paved the paths for oil & gas drilling operations, which in turn, has boosted the global 4-tert-Amyl Phenols market growth. For instance, according to the U.S. Energy Information Administration (EIA), in the U.S., around 330 units of crude oil rotary rigs were in operation in June 2016, which increased to 861 units in July 2018. In 2015, the U.S. EIA also stated that the total shale production in the U.S. was 15.2 trillion cubic feet, up by 13.4% from 13.4 trillion cubic feet in 2014.

4-tert-amylphenol is used as a disinfectant in many agricultural applications. Increasing population across the globe is propelling demand for food, which in turn is accelerating growth of the agriculture industry.

4-tert-amylphenol is also used in pharmaceutical and specialty chemicals industry for the formulation of various products and drugs. The demand for chemical intermediates used in mining, foundry, and paints industry has shown a major decline in the recent past. The specialty chemicals utilized in pharmaceutical industry are expected to witness a significant growth in Asia Pacific in the near future, as the world looks out for an alternative API supplier other than China. The 4-tert-Amyl phenol is used in the manufacturing of many specialty chemicals. Thus, growing production of specialty chemicals is expected boost the growth of 4-tert-Amyl phenol market.

However, less awareness about 4-tert-amylphenols in various emerging and underdeveloped countries is expected to restrain the market growth. The lack of universal directives pertaining to the applications of 4-tert-amylphenol is also restraining the market growth.

Key features of the study:

  • This report provides an in-depth analysis of the global 4-tert-amylphenol market, market size (US$ Million), and compound annual growth rate (CAGR %) for the forecast period (2021-2028), considering 2020 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global 4-tert-Amyl-Phenol market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study include SI Group, Sasol Limited, Tokyo Chemical Industry Co. Ltd., BOC Sciences, Lanxess AG, DeLong Chemicals America, Penta Manufacturing Company, Henan Coreychem Co., Ltd., Santa Cruz Biotechnology, Inc., Merck KGaA, ACROS Organics (Thermo Fisher Scientific Group), Apollo Scientific Ltd., Spectrum Laboratory Products Inc., Hangzhou Dayangchem Co. Ltd., LGC Ltd., Chemwill Asia Co. Ltd., AK Scientific, Inc. and Alfa Aesar
  • Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology up gradation, market expansion, and marketing tactics
  • The global 4-tert-amylphenol market report caters to various stakeholders in this industry including investors, suppliers, cotton pad manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global 4-tert-amylphenol market

Detailed Segmentation:

  • Global 4-tert-amylphenol Market, By End -Use:
    • Plastics & Polymer Industry
    • Rubber Industry
    • Surface Cleaners
    • Textile
    • Agriculture
    • Oil Drilling
    • Others
  • Global 4-tert-amylphenol Market, By Application
    • Plastic Additive
    • Vulcanizing Agent
    • Disinfectant
    • Pesticide
    • Emulsifier
    • Others
  • Global 4-tert-amylphenol Market, By Region:
    • North America
      • U.S.
      • Canada
    • Latin America
      • Brazil
      • Argentina
      • Mexico
      • Rest of Latin America
    • Europe
      • U.K.
      •  Germany
      • France
      • Italy
      • Spain
      • Russia
      • Rest of Europe
    • Asia Pacific
      • China
      • India
      • Japan
      • ASEAN
      • South Korea
      • Australia
      • Rest of Asia Pacific
    • Middle East & Africa
      • Middle East
      • Africa
  • Company Profiles
    • SI Group *
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Sasol Limited
    • Tokyo Chemical Industry Co. Ltd.
    • BOC Sciences
    • Lanxess AG
    • DeLong Chemicals America
    • Penta Manufacturing Company
    • Henan Coreychem Co., Ltd.
    • Santa Cruz Biotechnology, Inc.
    • Merck KGaA
    • ACROS Organics (Thermo Fisher Scientific Group)
    • Apollo Scientific Ltd.
    • Spectrum Laboratory Products Inc.
    • Hangzhou Dayangchem Co. Ltd.
    • LGC Ltd.
    • Chemwill Asia Co. Ltd.
    • AK Scientific, Inc.
    • Alfa Aesar

 “*” marked represents similar segmentation in other categories in the respective section.

Frequently Asked Questions

The global 4-tert-amylphenol market is expected to surpass US$ 27.9 million by 2028 and is expected to exhibit a CAGR of 5.9% between 2021 and 2028.
Growing demand for plastic products is expected to boost the market growth.
The development of 4-Tert-Amylphenol with improved properties
Less awareness about 4-tert-amylphenol and stringent regulations are expected to be restraining factors for the market.
Major players operating in the market include SI Group, Sasol Limited, Tokyo Chemical Industry Co. Ltd., BOC Sciences, Lanxess AG, DeLong Chemicals America, Penta Manufacturing Company, Henan Coreychem Co., Ltd., Santa Cruz Biotechnology, Inc., Merck KGaA, ACROS Organics (Thermo Fisher Scientific Group), Apollo Scientific Ltd., Spectrum Laboratory Products Inc., Hangzhou Dayangchem Co. Ltd., LGC Ltd., Chemwill Asia Co. Ltd., AK Scientific, Inc., and Alfa Aesar.
The market was valued at US$ 18.5 million in 2020.

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