“Shift Toward Sustainable and Bio-Based Phenol Alternatives”
- Manufacturers are increasingly investing in the development of bio-phenol from renewable sources such as lignin and corn stover to reduce dependence on petroleum-based inputs
- Rising environmental awareness among consumers and corporations is driving demand for greener alternatives in plastics, coatings, and resins
- Governments and regulatory bodies are introducing incentives and funding for bio-based chemical production to promote circular economy goals
- For instance, the European Union’s Green Deal supports the development of renewable raw materials, encouraging companies to adopt biobased phenol substitutes
- Companies such as Anellotech are pioneering biomass-to-aromatic technologies, signaling a market shift toward low-emission phenol manufacturing
