Global Ortho Phenyl Phenol (OPP) Market is Projected to Reach 82 Million USD by 2024

New report published by QY Research which offers insights on the global Ortho Phenyl Phenol (OPP) market. The global Ortho Phenyl Phenol (OPP) market is valued at USD 64 million in 2017 and is expected to reach USD 82 million by the end of 2024, growing at a growth rate of 3.60% between 2017 and 2024.

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Global Ortho Phenyl Phenol (OPP) Market: Market Driver and Restraint

2-Phenylphenol (ortho-phenylphenol, OPP), and sodium o-phenylphenate, SOPP, were first evaluated by the 1962 JECFA for their use for the post-harvest treatment of fruits and vegetables to protect against microbial damage during storage and distribution in commerce.

Ortho-phenylphenol and its water-soluble salt, sodium ortho-phenylphenate (SOPP), are antimicrobial agents used as bacteriostats, fungicides, and sanitizers.

Global Ortho Phenyl Phenol (OPP) Market: Key Takeaways

This report studies the Ortho Phenyl Phenol (OPP)  market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2019-2024; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Global Ortho Phenyl Phenol (OPP) Market: Forecast by Application

Ortho phenyl phenol (OPP) is widely used in disinfectants industry, material preservation industry and flame retardants industry. As to the ortho phenyl phenol (OPP) downstream application, disinfectants industry is its largest downstream market, which shares 60% of the consumption in 2017. According to the different synthesis process, ortho phenyl phenol (OPP) is divided into chlorobenzene synthesis OPP and cyclohexanone synthesis OPP.

Global Ortho Phenyl Phenol (OPP) Market: Forecast by Region

At present, the industry industry concentration is high. Manufacturers have a strong bargaining power. Almost every major consumer area has only one manufacturer. Europe is the world's largest production areas. Europe is the world's largest consumer market. In 2017, Europe hold 34% of the global consumption market share. In 2015, the global chemical products prices are in a state of decline. At the same time, the price of cyclohexanone is also in the low position. Starting in 2016, the price of cyclohexanone began to rise. At the same time, in 2015, there are several Chinese manufacturers to leave the OPP industry. At present, OPP's prices are high. At the same time, the entire industry supply in a very tense state. Some orders are backlogged.

Global Ortho Phenyl Phenol (OPP) Market: Key Players

Lanxess, Dow, SANKO, Shandong Xingang Chemical and Jinan Yudong Technology, are the key vendors included in this report. 

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