Market Overview:
The global O-Cresol market is expected to grow at a CAGR of 3.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for O-Cresol from various applications such as resin, herbicides, disinfectant and others. Additionally, factors such as rising demand for phenolic resins in automotive and construction industries are also contributing to the growth of the global O-Cresol market. However, volatility in prices of raw materials is restraining the growth of this market.
Product Definition:
O-Cresol is an organic compound with the formula CH3OC6H4OH. It is a colorless liquid that is slightly soluble in water and miscible with most organic solvents. O-Cresol is produced on a large scale as a precursor to other compounds, such as plastics and pesticides.
Extraction Process:
Extraction process is used to produce O-Cresol from coal tar and coke oven by heating at 200 degree Celsius for 6 hours. The yield of the extraction process is about 80% which makes it a major source of production around the world. Extraction method also provides other chemicals such as phenols, benzene, and xylenes along with o-cresol which are valuable in their own right.
Owing to its high purity (99%).
Synthesis Process:
The synthesis process of O-Cresol is similar to the process followed for production of other chemical compounds. The raw materials required for the manufacture of o-cresol are hydrogen, carbon, and oxygen. These are obtained from fossil fuels or by burning coal in power plants. The manufacturing companies use a combination of different technologies for producing o-cresol depending upon the availability and purity requirements.
Application Insights:
The global o-cresol market is segmented based on application into resins, herbicides, disinfectants and other applications. O-Cresol is widely used in the manufacturing of resins owing to its excellent solvent properties. It can also be used as a reactant for the production of polymers and copolymers which are further utilized in various end-use industries such as construction materials, coatings & adhesives or even pharmaceuticals. The demand for these products from the aforementioned end-use industries has been growing significantly over the past few years due to increasing consumer spending power coupled with rapid urbanization & industrial development especially in emerging economies such as China India and Brazil which have been witnessing significant growth over recent years.
Resin was estimated as one of the largest application segments accounting for around 40% share within Asia Pacific region followed by herbicides at around 30%.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a major share of global production owing to cheap labor, raw material availability, and technological advancements. China is one of the leading producers as well as consumers of o-cresol across this region due to presence of large number chemical manufacturers in this country.
The demand for o-cresol from Europe was valued at USD X million in 2017 on account rising demand from application industries there.
Growth Factors:
- Increasing demand from end-use industries such as paints and coatings, adhesives and sealants, pharmaceuticals, and agrochemicals
- Rising awareness about the benefits of o-cresol among consumers
- Growing investments by manufacturers in R&D to develop new applications for o-cresol
- Expansion of distribution networks by key players in the market
- Emergence of innovative production technologies that help reduce manufacturing costs
Scope Of The Report
Report Attributes
Report Details
Report Title
O-Cresol Market Research Report
By Type
Extraction Process, Synthesis Process
By Application
Resin, Herbicides, Disinfectant, Other
By Companies
Sasol, Atul, LANXESS, SABIC, RÜTGERS Group, Deepak Novochem Technologies, Nantong Xingchen Synthetic, JFE Chemical, Nippon Steel & Sumikin Chemical, Juye Runjia Chemical, Nanjing Datang Chemical, Chengjiang Pharmaceutical Science and Technology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
177
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global O-Cresol Market Report Segments:
The global O-Cresol market is segmented on the basis of:
Types
Extraction Process, Synthesis Process
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Resin, Herbicides, Disinfectant, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Sasol
- Atul
- LANXESS
- SABIC
- RÜTGERS Group
- Deepak Novochem Technologies
- Nantong Xingchen Synthetic
- JFE Chemical
- Nippon Steel & Sumikin Chemical
- Juye Runjia Chemical
- Nanjing Datang Chemical
- Chengjiang Pharmaceutical Science and Technology
Highlights of The O-Cresol Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Extraction Process
- Synthesis Process
- By Application:
- Resin
- Herbicides
- Disinfectant
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the O-Cresol Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
O-Cresol is a colorless, volatile liquid with a sweet odor. It is used as a solvent and in the production of plastics.
Some of the major companies in the o-cresol market are Sasol, Atul, LANXESS, SABIC, RœTGERS Group, Deepak Novochem Technologies, Nantong Xingchen Synthetic, JFE Chemical, Nippon Steel & Sumikin Chemical, Juye Runjia Chemical, Nanjing Datang Chemical, Chengjiang Pharmaceutical Science and Technology.
The o-cresol market is expected to grow at a compound annual growth rate of 3.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 O-Cresol Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 O-Cresol Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 O-Cresol Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the O-Cresol Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global O-Cresol Market Size & Forecast, 2020-2028
4.5.1 O-Cresol Market Size and Y-o-Y Growth
4.5.2 O-Cresol Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Extraction Process
5.2.2 Synthesis Process
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Resin
6.2.2 Herbicides
6.2.3 Disinfectant
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global O-Cresol Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 O-Cresol Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Extraction Process
9.6.2 Synthesis Process
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Resin
9.10.2 Herbicides
9.10.3 Disinfectant
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Extraction Process
10.6.2 Synthesis Process
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Resin
10.10.2 Herbicides
10.10.3 Disinfectant
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Extraction Process
11.6.2 Synthesis Process
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Resin
11.10.2 Herbicides
11.10.3 Disinfectant
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Extraction Process
12.6.2 Synthesis Process
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Resin
12.10.2 Herbicides
12.10.3 Disinfectant
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Extraction Process
13.6.2 Synthesis Process
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Resin
13.10.2 Herbicides
13.10.3 Disinfectant
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 O-Cresol Market: Competitive Dashboard
14.2 Global O-Cresol Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sasol
14.3.2 Atul
14.3.3 LANXESS
14.3.4 SABIC
14.3.5 RÜTGERS Group
14.3.6 Deepak Novochem Technologies
14.3.7 Nantong Xingchen Synthetic
14.3.8 JFE Chemical
14.3.9 Nippon Steel & Sumikin Chemical
14.3.10 Juye Runjia Chemical
14.3.11 Nanjing Datang Chemical
14.3.12 Chengjiang Pharmaceutical Science and Technology
