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Phenolic Antioxidant Market Analysis

ID: MRFR/CnM/2635-CR
123 Pages
Priya Nagrale
September 2017

Phenolic Antioxidant Market Research Report Information: by Source (Natural and Synthetic), By Application (Food, Plastics & Rubber, Pharmaceutical, Cosmetic, Fuel & Lubricant and Other), and by Region (Asia Pacific, Europe, North America, Latin America, and Middle East &Africa,) - Forecast till 2035

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Phenolic Antioxidant Market Infographic
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Market Analysis

In-depth Analysis of Phenolic Antioxidant Market Industry Landscape

This section depicts various aspects like drivers behind demand, supply-side challenges, and overall trends that affect demand/supply dynamics for such chemicals as phenolic antioxidants (PA) within different industries, including polymers processing or lubrication production chain (economy). They extend the life expectancy of products by inhibiting oxidative rancidity, hence their use on materials such as plastics, lubricating oils, and polymers, among others. Global supply-demand equilibrium is highly expressed in the Phenolic Antioxidant market. Both global and domestic economic conditions are significant determinants regarding the demand for these antioxidants within different sectors. This implies that during the economic downturn, the usage of phenolic antioxidants may drop due to reduced industrial activities, while increased application in various industries arises from economic growth. The investment decisions, production volumes, and pricing strategies are all significantly affected by the health of the world economy. Environmentally-based considerations have increasingly impacted how dynamics in the Phenolic Antioxidant market develop. With more focus now placed on sustainability and other forms of ecological consciousness, there is a growing need for antioxidants that will have a minimal negative impact on the environment. Manufacturers have been under pressure to improve their ecological profiles by incorporating greener techniques for making phenolic antioxidants. The Phenolic Antioxidant Sector as Competitive Market Competition among phenolic antioxidant compounds is fierce because these agents play an important role in extending the life of different materials. To stand out, manufacturers should concentrate on product quality, cost-effectiveness, and innovation. Gaining Market Share through Differentiation Strategies: Specializing Concentric Circle Phenolic Antioxidant Formulations Continuous research & development (R&D) activities are mandatory for enterprises competing within this industry as they seek to meet ever-changing customer requirements and outdo rivals' products offered today. Geopolitics and trading policies give direction to how the Phenolic Antioxidant market moves. They can be affected by tariffs, import/export regulations, or even geopolitical tensions, which may influence the global supply chain, causing differences in the availability and pricing of phenolic antioxidants in different regions. Regulations and standards heavily influence the Phenolic Antioxidant market. Market acceptance requires manufacturers to adhere to safety standards, environmental requirements, and quality regulations, among others. Consumer preferences and trends also influence the dynamics of the phenolic antioxidants market. The demand for phenolic antioxidants might change quite significantly due to changes in consumer inherent needs that include issues such as health and safety concerns, sustainable sourcing practices, and other relevant industrial activities.

Author
Priya Nagrale
Senior Research Analyst

With an experience of over five years in market research industry (Chemicals & Materials domain), I gather and analyze market data from diverse sources to produce results, which are then presented back to a client. Also, provide recommendations based on the findings. As a Senior Research Analyst, I perform quality checks (QC) for market estimations, QC for reports, and handle queries and work extensively on client customizations. Also, handle the responsibilities of client proposals, report planning, report finalization, and execution

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FAQs

What is the valuation that the global phenolic antioxidant market is estimated to create over the review period?

The global phenolic antioxidant market is estimated to create a valuation of USD 1830.05 MN by 2025, registering 5.10% CAGR throughout the assessment period (2025-2035).

Which is the largest region in global phenolic antioxidant market?

Asia Pacific is the largest region in the global phenolic antioxidant market. The region is estimated to retain its leading position throughout the assessment period (2025-2035), holding the largest share.

What are the key driving forces behind the growth of the global phenolic antioxidant market?

Rising demand as an additive in plastic & rubber and fuel & lubricant manufacturing industry

Which is the largest segment in the global phenolic antioxidant market?

The sub segment – Food by applications is the largest segment in the in the global phenolic antioxidant market. The sub segment is projected to reach a valuation of USD significant by the end of 2035.

Who are the top players in the global phenolic antioxidant market?

BASF SE (Germany), DSM (Netherlands), Oxiris Chemicals S A (Spain), Chitec Technology Co., Ltd. (Taiwan), Sumitomo Chemical Company (Japan), Mayzo Inc. (US), Double Bond Chemical Ind., Co., Ltd. (Taiwan), Addivant (US), Emerald Performance Materials LLC (US), and Kumho Petrochemical Co., Ltd. (South Korea), are some of the leading players in the global phenolic antioxidant market.

Market Summary

The Global Phenolic Antioxidant Market is projected to grow from 1250 USD Million in 2024 to 2750 USD Million by 2035.

Key Market Trends & Highlights

Phenolic Antioxidant Market Key Trends and Highlights

  • The market is expected to witness a compound annual growth rate (CAGR) of 7.43% from 2025 to 2035.
  • By 2035, the market valuation is anticipated to reach 2750 USD Million, indicating robust growth.
  • In 2024, the market is valued at 1250 USD Million, reflecting a strong foundation for future expansion.
  • Growing adoption of natural antioxidants due to increasing consumer awareness about health benefits is a major market driver.

Market Size & Forecast

2024 Market Size 1250 (USD Million)
2035 Market Size 2750 (USD Million)
CAGR (2025 - 2035) 7.43%
Largest Regional Market Share in 2024 -)

Major Players

Apple Inc (US), Microsoft Corp (US), Amazon.com Inc (US), Alphabet Inc (US), Berkshire Hathaway Inc (US), Tesla Inc (US), Meta Platforms Inc (US), Johnson & Johnson (US), Visa Inc (US), Procter & Gamble Co (US)

Market Trends

The market for phenolic antioxidants expects outstanding speed growth in the coming years. This is mainly due to the better workability and efficacy of phenolic antioxidants in adverse conditions, high pressure, and temperature. Along with this, factors such as the increase in the adoption of plastics in the automotive industry reduce the overall weight. This, in turn, will boost demand for phenolic antioxidants during the forecast and, therefore, should offer a profitable gain in the plastic additives market.

Besides, the growing application of phenolic antioxidants for plastic and rubber compounds' production offers traction to the market of phenolic antioxidants. This is mainly due to its superior properties and lower cost compared to other composite materials.

However, it is expected that factors such as strict government regulations, the adverse impact of plastics on the environment, and increasing practice of plastic recycling will prevent the growth of the global phenolic antioxidant.

However, the increase in disposable income, the rapid industrialization, and the flourishing of automobile sales and production are some of the factors that should drive the phenolic antioxidant market growth in the coming years.

Phenolic antioxidant market analysis: a regional perspective

Based on the region, Asia-Pacific will dominate the global phenolic antioxidants market share in the coming years. This is mainly due to the presence of the main companies in the region. Also, China supports more than a quarter of the phenolic antioxidants in terms of volume. The revenues generated by these countries are an important factor that should accelerate the global market of phenolic antioxidants growth in the coming years.

This research is a comprehensive picture of the market dynamics. It primarily consists of the critical assessment of customer and consumer travel, emerging and current pathways, and a strategic framework to enable CHOs to make effective decisions.

The 4-quadrant Phenolic antioxidant market  EIRS structure:

Strategic structures to drive the growth journey Customer experience maps Action results to meet all business priorities Understandings and tools based on data research

The research strives to assess future and current growth prospects, factors that shape its revenue potentials, unused pathways, and consumption and requirements patterns in the global market, dividing it into a regional assessment.

The following regional segments are covered in detail:

North America The Middle East and Africa Asia Pacific Latin America Europe

The structure of the EIR's quadrant in the report summarizes the broad spectrum of data research and consulting sites for CHOs to help them remain leaders and make better business decisions.

Below is a picture of these Phenolic antioxidant market  quadrants.

Customer experience map

The research offers a detailed assessment of several customers' travels related to the market and its segments. It offers various impressions of the customer about the use of services and products. The analysis looks more closely at the major fears and points at various contact points with the client. Business consulting and intelligence solutions will help stakeholders, including CHOs, define customer experience maps tailored to their needs. This will help them increase customer engagement with their brands.

Understandings and tools

Phenolic Antioxidant Market Market Drivers

Rising Health Consciousness

The increasing awareness of health and wellness among consumers is driving the Global Phenolic Antioxidant Market Industry. As individuals become more informed about the benefits of antioxidants in combating oxidative stress and chronic diseases, the demand for phenolic antioxidants is likely to surge. This trend is particularly evident in the food and beverage sector, where manufacturers are incorporating these compounds into products to enhance nutritional value. The market is projected to reach 1250 USD Million in 2024, reflecting a growing consumer preference for natural and functional ingredients that promote health and longevity.

Growing Demand in Pharmaceuticals

The pharmaceutical sector is increasingly recognizing the potential of phenolic antioxidants, contributing to the growth of the Global Phenolic Antioxidant Market Industry. These compounds are being studied for their therapeutic properties, including anti-inflammatory and anticancer effects. As research continues to unveil the health benefits associated with phenolic antioxidants, pharmaceutical companies are likely to incorporate these ingredients into their formulations. This trend suggests a promising future for the market, with a compound annual growth rate (CAGR) of 7.43% anticipated from 2025 to 2035, reflecting the rising interest in natural compounds for health applications.

Expansion in Food and Beverage Applications

The Global Phenolic Antioxidant Market Industry is experiencing significant growth due to the expanding applications of phenolic antioxidants in the food and beverage sector. These compounds are utilized to prevent oxidation in various products, thereby extending shelf life and maintaining quality. For instance, the incorporation of phenolic antioxidants in oils and fats has become a common practice to enhance stability. As the global food industry continues to evolve, the market for phenolic antioxidants is expected to grow, with projections indicating a rise to 2750 USD Million by 2035, driven by the increasing demand for processed and packaged foods.

Regulatory Support for Natural Antioxidants

The Global Phenolic Antioxidant Market Industry is benefiting from favorable regulatory frameworks that promote the use of natural antioxidants in various applications. Governments and health organizations are increasingly endorsing the incorporation of natural compounds in food, cosmetics, and pharmaceuticals, recognizing their potential health benefits. This regulatory support encourages manufacturers to explore and invest in phenolic antioxidants, leading to a broader acceptance and integration of these ingredients in consumer products. As a result, the market is poised for growth, driven by the alignment of regulatory policies with consumer preferences for natural and safe ingredients.

Technological Advancements in Extraction Methods

Innovations in extraction technologies are playing a pivotal role in the Global Phenolic Antioxidant Market Industry. Advanced methods such as supercritical fluid extraction and enzymatic extraction are enhancing the efficiency and yield of phenolic compounds from natural sources. These improvements not only increase the availability of high-quality antioxidants but also reduce production costs, making them more accessible to manufacturers. As technology continues to advance, the market is likely to benefit from improved extraction techniques, which could further stimulate growth and innovation in product development.

Market Segment Insights

Regional Insights

Key Companies in the Phenolic Antioxidant Market market include

Industry Developments

Future Outlook

Phenolic Antioxidant Market Future Outlook

The Global Phenolic Antioxidant Market is projected to grow at a 7.43% CAGR from 2024 to 2035, driven by increasing demand in food preservation, cosmetics, and pharmaceuticals.

New opportunities lie in:

  • Develop innovative formulations for natural phenolic antioxidants to cater to health-conscious consumers.
  • Expand distribution channels in emerging markets to capitalize on rising industrial applications.
  • Invest in R&D for bio-based phenolic antioxidants to enhance sustainability and meet regulatory standards.

By 2035, the market is expected to exhibit robust growth, reflecting heightened consumer awareness and innovation.

Market Segmentation

Report Scope

Attribute/Metric Details
  Market Size   Significant USD
  CAGR   5.10%
  Base Year   2020
  Forecast Period   2021 to 2030
  Historical Data   2019 & 2020
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Type, Application and End-Use
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   BASF SE (Germany), DSM (Netherlands), Oxiris Chemicals S A (Spain), Chitec Technology Co., Ltd. (Taiwan), Sumitomo Chemical Company (Japan), Mayzo Inc. (US), Double Bond Chemical Ind., Co., Ltd. (Taiwan), Addivant (US), Emerald Performance Materials LLC (US), and Kumho Petrochemical Co., Ltd. (South Korea)
  Key Market Opportunities   The increase in the adoption of plastics in the automotive industry reduce the overall weight.
  Key Market Drivers   The growing application of phenolic antioxidants for plastic and rubber compounds

FAQs

What is the valuation that the global phenolic antioxidant market is estimated to create over the review period?

The global phenolic antioxidant market is estimated to create a valuation of USD 1830.05 MN by 2025, registering 5.10% CAGR throughout the assessment period (2025-2035).

Which is the largest region in global phenolic antioxidant market?

Asia Pacific is the largest region in the global phenolic antioxidant market. The region is estimated to retain its leading position throughout the assessment period (2025-2035), holding the largest share.

What are the key driving forces behind the growth of the global phenolic antioxidant market?

Rising demand as an additive in plastic & rubber and fuel & lubricant manufacturing industry

Which is the largest segment in the global phenolic antioxidant market?

The sub segment – Food by applications is the largest segment in the in the global phenolic antioxidant market. The sub segment is projected to reach a valuation of USD significant by the end of 2035.

Who are the top players in the global phenolic antioxidant market?

BASF SE (Germany), DSM (Netherlands), Oxiris Chemicals S A (Spain), Chitec Technology Co., Ltd. (Taiwan), Sumitomo Chemical Company (Japan), Mayzo Inc. (US), Double Bond Chemical Ind., Co., Ltd. (Taiwan), Addivant (US), Emerald Performance Materials LLC (US), and Kumho Petrochemical Co., Ltd. (South Korea), are some of the leading players in the global phenolic antioxidant market.

  1. Executive Summary
  2. Scope
    1. Of The Report
    2. Market Definition
    3. Scope Of The Study
      1. Assumptions &
    4. Research Objectives
    5. Limitations
    6. Markets Structure
  3. Market
    1. Research Methodology
    2. Research Process
    3. Secondary Research
    4. Primary Research
    5. Forecast Model
  4. Market
    1. Landscape
    2. Five Forces Analysis
    3. Threat Of New Entrants
    4. Bargaining Power Of Buyers
    5. Threat Of Substitutes
    6. Segment Rivalry
    7. Value Chain/Supply
    8. Chain Of Global Phenolic Antioxidants Market
  5. Industry
    1. Overview Of Global Phenolic Antioxidants Market
    2. Introduction
    3. Growth Drivers
    4. Impact Analysis
    5. Market Challenges
    6. Impact Analysis
  6. Market Trends
    1. Introduction
    2. Growth Trends
    3. Impact Analysis
  7. Global Phenolic Antioxidants Market By Type
    1. Introduction
    2. Natural
    3. Synthetic
  8. Global Phenolic Antioxidants Market By Phenolic Group
    1. Introduction
    2. Mono- Functional Phenols
    3. Bi- Functional Phenols
    4. Multi-Functional Phenols
  9. Global Phenolic Antioxidants Market By End Use
    1. Introduction
    2. Food & Feed
    3. Plastic
    4. Fuel & Lubricants
    5. Rubber
    6. Cosmetic & Personal
    7. Care
    8. Other
  10. Global
    1. Phenolic Antioxidants Market By Region
    2. Introduction
    3. North America
      1. Canada
      2. Germany
      3. Italy
      4. UK
      5. China
      6. Japan
      7. New Zealand
    4. US
    5. Europe
    6. France
    7. Spain
    8. Asia Pacific
    9. India
    10. Australia
    11. Rest Of Asia-Pacific
    12. Middle East &
      1. Turkey
      2. North Africa
      3. Rest Of Middle East
    13. Africa
    14. Israel
    15. GCC
    16. & Africa
    17. Latin America
      1. Argentina
    18. Brazil
    19. Rest Of Latin America
  11. Company Landscape
  12. Company
    1. Profiles
    2. Mayzo Inc
      1. Product/Business
      2. Financial Updates
      3. Company Overview
      4. Key Developments
      5. Product/Business
      6. Financial Updates
    3. Company Overview
    4. Segment Overview
    5. Key Developments
    6. BASF SE
    7. Product/Business Segment Overview
    8. Financial Updates
    9. Archer Daniels Midland Company
    10. Company Overview
    11. Segment Overview
    12. Key Developments
    13. Evonik Industries
      1. Product/Business
      2. Financial Updates
    14. Company Overview
    15. Segment Overview
    16. Key Developments
    17. DSM
      1. Product/Business
      2. Financial Updates
    18. Company Overview
    19. Segment Overview
    20. Key Developments
    21. OXIRIS
      1. Product/Business
      2. Financial Updates
    22. Company Overview
    23. Segment Overview
    24. Key Developments
    25. VDH CHEM TECH PVT.
      1. Company Overview
      2. Key Developments
      3. Company Overview
      4. Key Developments
      5. Product/Business
      6. Financial Updates
    26. LTD
    27. Product/Business Segment Overview
    28. Financial Updates
    29. Akrochem Corporation
    30. Product/Business Segment Overview
    31. Financial Updates
    32. Chitec Technology Co. Ltd
    33. Company Overview
    34. Segment Overview
    35. Key Developments
    36. Addivant.
      1. Product/Business
      2. Financial Updates
    37. Company Overview
    38. Segment Overview
    39. Key Developments
  13. Conclusion
  14. List
    1. Of Tables
  15. World Population
    1. By Major Regions (2020 To 2027)
    2. Table
  16. Global Phenolic Antioxidants Market: By Region, 2020-2027
    1. Table
  17. North America Phenolic Antioxidants Market: By Country, 2020-2027
    1. Table
  18. Europe Phenolic Antioxidants Market: By Country, 2020-2027
    1. Table
  19. Asia-Pacific Phenolic Antioxidants Market: By Country, 2020-2027
    1. Table
  20. Middle East & Africa Phenolic Antioxidants Market: By Country, 2020-2027
    1. Table
  21. Latin America Phenolic Antioxidants Market: By Country, 2020-2027
    1. Table
  22. Global Phenolic Antioxidants By Type Market: By Regions, 2020-2027
    1. Table
  23. North America Phenolic Antioxidants By Type Market: By Country, 2020-2027
    1. Table
  24. Europe Phenolic Antioxidants By Type Market: By Country, 2020-2027
    1. Table
  25. Asia-Pacific Phenolic Antioxidants By Type Market: By Country, 2020-2027
    1. Table
  26. Middle East & Africa Phenolic Antioxidants By Type Market: By Country, 2020-2027
    1. Table
  27. Latin America Phenolic Antioxidants By Type Market: By Country, 2020-2027
    1. Table
  28. Global Phenolic Antioxidants By Phenolic Group Market: By Regions, 2020-2027
    1. Table
  29. North America Phenolic Antioxidants By Phenolic Group Market: By Country, 2020-2027
    1. Table
  30. Europe Phenolic Antioxidants By Phenolic Group Market: By Country, 2020-2027
    1. Table
  31. Asia-Pacific Phenolic Antioxidants By Phenolic Group Market: By Country, 2020-2027
    1. Table
  32. Middle East & Africa Phenolic Antioxidants By Phenolic Group Market: By Country,
  33. Latin America
    1. Phenolic Antioxidants By Phenolic Group Market: By Country, 2020-2027
    2. Table
  34. North America Phenolic Antioxidants For End-Use Market: By Country, 2020-2027
    1. Table
  35. Europe Phenolic Antioxidants For End-Use Market: By Country, 2020-2027
    1. Table
  36. Asia-Pacific Phenolic Antioxidants For End-Use Market: By Country, 2020-2027
    1. Table
  37. Middle East & Africa Phenolic Antioxidants For End-Use Market: By Country,
  38. Latin America
    1. Phenolic Antioxidants For End-Use Market: By Country, 2020-2027
    2. Table
  39. Global Type Market: By Region, 2020-2027
    1. Table
  40. Global End Uses Market: By Region, 2020-2027
    1. Table
  41. Global End-Use Market: By Region, 2020-2027
    1. Table
  42. North America Phenolic Antioxidants Market, By Country
    1. Table
  43. North America Phenolic Antioxidants Market, By Type
    1. Table
  44. North America Phenolic Antioxidants Market, By Phenolic Group
    1. Table
  45. North America Phenolic Antioxidants Market, By End-Use
    1. Table
  46. Europe: Phenolic Antioxidants Market, By Country
    1. Table
  47. Europe: Phenolic Antioxidants Market, By Type
    1. Table
  48. Europe: Phenolic Antioxidants Market, By Phenolic Group
    1. Table
  49. Europe: Phenolic Antioxidants Market, By End-Use
    1. Table
  50. Asia-Pacific: Phenolic Antioxidants Market, By Country
    1. Table
  51. Asia-Pacific: Phenolic Antioxidants Market, By Type
    1. Table
  52. Asia-Pacific: Phenolic Antioxidants Market, By Phenolic Group
    1. Table
  53. Asia-Pacific: Phenolic Antioxidants Market, By End-Use
    1. Table
  54. Middle East & Africa: Phenolic Antioxidants Market, By Country
    1. Table
  55. Middle East & Africa Phenolic Antioxidants Market, By Type
    1. Table
  56. Middle East & Africa Phenolic Antioxidants Market, By Phenolic Group
    1. Table
  57. Middle East & Africa: Phenolic Antioxidants Market, By End-Use
    1. Table
  58. Latin America: Phenolic Antioxidants Market, By Country
    1. Table
  59. Latin America Phenolic Antioxidants Market, By Type
    1. Table
  60. Latin America Phenolic Antioxidants Market, By Phenolic Group
    1. Table
  61. Latin America: Phenolic Antioxidants Market, By End-Use
  62. List
    1. Of Figures
  63. Global Phenolic
    1. Antioxidants Market Segmentation
    2. FIGURE
  64. Forecast Methodology
    1. FIGURE
  65. Five Forces Analysis Of Global Phenolic Antioxidants Market
    1. FIGURE
  66. Value Chain Of Global Phenolic Antioxidants Market
    1. FIGURE
  67. Share Of Global Phenolic Antioxidants Market In 2020, By Country (In %)
    1. FIGURE
  68. Global Phenolic Antioxidants Market, 2020-2027,
    1. FIGURE
  69. Sub-Segments Of End Uses
    1. FIGURE
  70. Global Phenolic Antioxidants Market Size By End Use, 2020
    1. FIGURE
  71. Share Of Global Phenolic Antioxidants Market By End Use, 2020 To 2027
    1. FIGURE
  72. Global Phenolic Antioxidants Market Size By Phenolic Group, 2020
    1. FIGURE
  73. Share Of Global Phenolic Antioxidants Market By Phenolic Group, 2020 To 2027
    1. FIGURE
  74. Global Phenolic Antioxidants Market Size By Type, 2020
    1. FIGURE
  75. Share Of Global Phenolic Antioxidants Market By Type, 2020 To 2027

Phenolic Antioxidant Market Segmentation

Market Segmentation Overview

  • Detailed segmentation data will be available in the full report
  • Comprehensive analysis by multiple parameters
  • Regional and country-level breakdowns
  • Market size forecasts by segment
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