why phenol with phenol is used to production of plastic when bodies first synthesized
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Phenol, also known as phenolic acid, is an aromatic organic compound with the molecular formula C6H5OH. It is a white crystalline solid that is volatile. The molecule consists of a phenyl group (−C6H5) bonded to a hydroxy group (−OH). It is mildly acidic and requires careful handling due to its propensity to cause chemical burns.
Phenol was first extracted from coal tar, but today is produced on a large scale (about 7 billion kg/year) from petroleum. It is an important industrial commodity as a precursor to many materials and useful compounds.[8] It is primarily used to synthesize plastics and related materials. Phenol and its chemical derivatives are essential for production of polycarbonates, epoxies, Bakelite, nylon, detergents, herbicides such as phenoxy herbicides, and numerous pharmaceutical drugs.
The worldwide phenol market is estimated to be valued at USD 31.73 billion by 2025. Asia Pacific holds the highest market share. Asia Pacific market is anticipated to project a CAGR of 4.9% from 2014 to 2025.