The demand for Global Xylenols Market is anticipated to be high for the next five years. By considering this demand we provide latest Global Xylenols Market Report which gives complete industry analysis, market outlook, size, growth and forecast till 2025. This report will assist in analyzing the current and future business trends, sales and revenue forecasts.
Europe driven by France, Italy, UK, and Germany xylenols market size may witness significant growth during projected time period owing to the increasing demand for high quality and stable fuel additives in the region. Xylenols in fuel additives acts as an antioxidant and improves storage stability, prevents gum formation and reduces toxic emissions. Revenue from aerospace and aviation industry in Germany amounted over at USD 45 billion in 2017. These additives eliminate free radical chain reactions involved in hydrocarbon oxidation and extend the induction period which shall drive the regional growth. Also, Germany is considered to a global aerospace hub, and also a home for various leading players from across defense and civil aviation market segments which is further expected to enhance product demand.
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Xylenols are naturally occurring phenolic compounds which are present in small amounts in tobacco, coal tar and other volatile materials. These compounds are widely used in the manufacture of solvents, disinfectants, rubber chemicals and additives for lubricants as they are soluble in most organic solvents and caustic soda solutions. Xylenols have a low vapor pressure, exhibit an antiseptic odor and are stable under recommended storage conditions which makes them ideal disinfectant agents for healthcare and other hard surface applications.
Increasing research and development activities and growing technological advancements have enhanced the usage of xylenol compounds in agro chemicals industry. These compounds are highly versatile and are key raw materials in the manufacture of insecticides and herbicides. Global market value of insecticides amounted over USD 14 billion in 2017 which shows significant opportunities for market growth. Xylenols helps in treating various bacterial infections such as crown gall, olive knot and controls the genetic disorder in vine crops & ornamental trees such as almond, cherry, apple and walnuts. Growing demand for food products has urged farmers to produce high quality crops which is likely to fuel the xylenols market demand.
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Chlorinated xylenols are extensively used in the manufacture of disinfectants owing to its high effectiveness and antiseptic properties. These compounds are used in treating skin disinfection, cleaning surgical instruments and form a crucial part of infection control practices by enhancing the microbial resistance and reducing the penetration of gram-positive bacteria by disrupting the cell wall and stopping the function of enzymes. Sales value of chemical disinfectants in UK amounted over at USD 68.5 million in 2017 which shall stimulate healthy market growth. Rising expenditure on healthcare along with increasing incidences of hospital acquired infectious diseases such as surgical site infection and urinary tract infection is likely to drive the xylenols market growth.
Global xylenols market share is consolidated as market consist of limited players. Companies like SABIC, Nanjing Datang Chemical, Sigma Aldrich and Qingdao Welltech Chemical are major players in this market.
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