Growing use of Europe Ortho-Phenylphenol as fungicides in agriculture is one of the significant factors influencing the market growth.
Europe Ortho-Phenylphenol Market Size – USD 65.79 Million in 2019, Growth - CAGR of 3.3%, Trends – Growing awareness about personal hygiene
The global Europe Ortho-Phenylphenol Market is expected to reach USD 87.23 Million by 2027, according to a new report by Reports and Data. Europe Ortho-Phenylphenol finds applications as an antifungal agent and food additive. The organic compound is utilized for post-harvest control disease in citrus fruit, apples, tomatoes, stone fruit, cucumber, and peppers by applying directly in a wax or implementing impregnated wrapping materials, as well as decontamination of seedboxes. Moreover, it finds usage to control apple canker by applying during the dormant phase. Also, these used in fluorescence determination of triose and as deoxyribonuclease inhibitor
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Top Companies: Dow Chemicals Company, Sanko Holdings AS, Lanxess Chemical Company, Jinan Yudong Technology, Shandong Xingang Chemical, BASF SE, Sigma-Aldrich, AkzoNobel, Xiangshui Fumei Chemical Co. Ltd., and Hangzhou J H Chemical Co. ltd., among others.
Further Key Finding from the Report Suggestion:
- By synthesis, chlorobenzene synthesis is likely to grow at a rate of 2.4% in the forecast period. Europe Ortho-Phenylphenol is produced as a by-product in the pressure phenol synthesis, which uses chlorobenzene for the production of phenol.
- By application, disinfectants contributed to the largest market share in 2019 and is likely to grow at a rate of 3.1% in the forecast period. Europe Ortho-Phenylphenol is present in low concentrations in a few household products, including spray disinfectants and spray or aerosol underarm deodorants. Also, it is used as a disinfectant fungicide for use in industrial applications, in paints, on ornamental plants and turfs, and as a wood preservative.
- By industry vertical, the food beverage industry held a substantial share in 2019 and is estimated to grow at a rate of 3.6% in the period 2020-2027. Europe Ortho-Phenylphenol finds application as a preservative in food and beverages.
- The market in the Asia Pacific region is anticipated to witness the fastest growth rate of 4.2% in the forecast period, attributed to the growth of the end-user industries such as the food beverage and agriculture industry in the region. Moreover, arise in the level of disposable income of people in the region is causative of the growth of the market in the forecast period.
- The market in the North American region is anticipated to witness a growth rate of 3.0% in the period 2020-2027.
Consumers are placing a higher importance on sustainability and, as a result, are choosing items based on factors like circularity and carbon footprint. Furthermore, consumer concern about carbon emissions has prompted increased investment in renewable energy, energy efficiency, and transportation decarbonization. These developments have had considerable impact on chemical end sectors, particularly in the automobile and construction industries. COVID-19 has exacerbated the situation by lowering the automobile and construction industries (as well as many others) and disrupting current supply lines.
Europe Ortho-Phenylphenol Market Key Features:
Europe Ortho-Phenylphenol (OPP) is a synthetic organic compound that is widely used as a fungicide and disinfectant in a variety of applications. Some key features of the OPP market are:
- Effectiveness as a disinfectant: OPP is highly effective in killing a wide range of bacteria, fungi, and viruses, making it a popular choice for use in disinfectant formulations.
- Versatility: OPP is used in a variety of applications, including food and beverage processing, agriculture, water treatment, and industrial and household disinfection.
- Cost-effectiveness: OPP is relatively inexpensive to produce, making it a cost-effective option for use in various applications.
- Regulatory restrictions: OPP has been the subject of regulatory restrictions in some countries due to its potential health and environmental impacts. For example, the European Union has banned the use of OPP as a food additive and placed restrictions on its use in certain disinfectant formulations.
- Potential health impacts: OPP has been linked to potential health impacts, including irritation of the skin and eyes, and in some cases, more serious health effects, such as respiratory issues and cancer.
- Sustainability concerns: OPP is not biodegradable and can persist in the environment for extended periods of time, leading to concerns about its impact on the environment and human health.
- Increasing demand for natural alternatives: There is a growing demand for natural and eco-friendly disinfectants, which may impact the OPP market in the long term as alternative products become more widely available and preferred by consumers.
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The global Europe Ortho-Phenylphenol market is segmented into:
Synthesis Outlook (Volume, Kilo Tons; 2017-2027, Revenue, USD Million; 2017-2027)
- Chlorobenzene Synthesis
- Cyclohexanone Synthesis
Application Outlook (Volume, Kilo Tons; 2017-2027, Revenue, USD Million; 2017-2027)
- Flame Retardants
- Metal Preservation
Industry Vertical Outlook (Volume, Kilo Tons; 2017-2027, Revenue, USD Million; 2017-2027)
- Food Beverage Industry
- Chemical Industry
- Agrochemical Industry
- Automotive Industry
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Questions Addressed in the Report:
- What are the dominating factors that are influencing the growth of the industry?
- In the forecast period, which market segment is expected to rise the most?
- What are the risks and challenges that the industry is facing?
- In the coming years, which area is projected to dominate the market?
- Who are the major players in the market?
- What kind of strategic business plans have they made?
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