Market Overview:
The global resorcin market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for resorcin from various applications such as flame retardants, tire & rubber products, UV absorbers, wood adhesives, and other applications. In terms of purity, the 99% purity segment is expected to grow at a higher CAGR than other segments during the forecast period. North America is estimated to account for the largest share of the global resorcin market in 2018 followed by Europe and Asia Pacific.
Product Definition:
Resorcin is a white crystalline powder that is soluble in water and alcohol. It has a slightly bitter taste and is used as an expectorant, diuretic, and antiseptic.
Purity:99%:
Purity:99% is a special type of protein supplement that contains all the essential amino acids and has been used as an alternative to recombinant proteins for people who are allergic or cannot tolerate soy, wheat, or corn. It's 99% protein content makes it superior in quality when compared to other plant-based products such as soy and hemp.
The product also provides additional benefits over conventional whey supplements which have a lower percentage of protein on a dry weight basis.
Purity:98%:
Resorcin is a chemical compound, which is used as an antibiotic and antiseptic. It has wide applications in the medical industry for treatment of skin infections, urinary tract infections (UTI), pneumonia, gonorrhea and syphilis. UTI generally affects women more than men; however it can affect both genders at any age.
Application Insights:
Tire and rubber products was the leading application segment in 2017. Tire production is one of the highest volume-based industries across the globe. It is also one of the most competitive industries, where only a few players can compete at any point of time. The industry has been witnessing significant growth over past few years due to increasing demand for passenger cars and light commercial vehicles from developing countries such as China, India and Brazil.
Flame retardants are used in various end-use industries including polyester fiber applications (textiles), coatings/injections/sealers on polymer fibers (apparel) and paper pulp applications owing to their ability to reduce fire risk during combustion or when exposed to high heat conditions such as sunlight or electricity generating machines.
Regional Analysis:
Asia Pacific dominated the global resorcin market in 2017, accounting for over 45% of the total revenue share. The region is expected to witness significant growth in terms of consumption and production over the forecast period. Emerging economies such as China and India are projected to be major consumers owing to rapid industrialization along with increasing demand from various end-use industries.
China is one of the largest producers as well as consumers globally due to presence of a large number of manufacturers coupled with high domestic demand for flame retardants, tire & rubber products, wood adhesives and UV Absorbers among others. Presence of stringent government regulations regarding manufacturing practices coupled with rising awareness about health hazards associated with toxic chemicals are likely to drive product demand over next eight years.
Europe was valued at USD X million in 2017 owing their extensive usage across several end-use industries including automotive, construction materials etc.
Growth Factors:
- Increasing demand from end-use industries such as construction, automotive, and furniture owing to the rising disposable income of consumers.
- Growing awareness about the benefits of resorcin among consumers is likely to boost its demand over the forecast period.
- Rising research and development activities by key players for new product launches is projected to propel the growth of the resorcin market in near future.
- Stringent government regulations for use of resorcin in various applications is expected to hamper market growth during forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Resorcin Market Research Report
By Type
Purity:99%, Purity:98%, Others
By Application
Flame Retardants, Tire & Rubber Products, UV Absorbers, Wood Adhesives, Other Applications
By Companies
Sumitomo Chemical, Akrochem Corporation, Mitsui Chemicals Inc., Atul Limited, EMCO Dyestuff, Euram Chemicals Ltd, GFS Chemicals, Haihang Industry, Indspec Chemical Corporation, Jay Organics, Sumitomo Chemical, Kraeber & Co Gmbh, Nippy Chemicals, Parchem Fine & Specialty Chemicals, Sanjay Chemicals (India), Sinoright International Trade, Amino-Chem
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
201
Number of Tables & Figures
141
Customization Available
Yes, the report can be customized as per your need.
Global Resorcin Market Report Segments:
The global Resorcin market is segmented on the basis of:
Types
Purity:99%, Purity:98%, Others
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
Flame Retardants, Tire & Rubber Products, UV Absorbers, Wood Adhesives, Other Applications
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:
- Sumitomo Chemical
- Akrochem Corporation
- Mitsui Chemicals Inc.
- Atul Limited
- EMCO Dyestuff
- Euram Chemicals Ltd
- GFS Chemicals
- Haihang Industry
- Indspec Chemical Corporation
- Jay Organics
- Sumitomo Chemical
- Kraeber & Co Gmbh
- Nippy Chemicals
- Parchem Fine & Specialty Chemicals
- Sanjay Chemicals (India)
- Sinoright International Trade
- Amino-Chem
Highlights of The Resorcin 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:
- Purity:99%
- Purity:98%
- Others
- By Application:
- Flame Retardants
- Tire & Rubber Products
- UV Absorbers
- Wood Adhesives
- Other Applications
- 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 Resorcin 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.
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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?
Resorcin is a medication used to treat infections. It is most commonly used to treat respiratory tract infections, such as the common cold and flu. Resorcin may also be used to treat other types of infections, such as tuberculosis (TB).
Some of the key players operating in the resorcin market are Sumitomo Chemical, Akrochem Corporation, Mitsui Chemicals Inc., Atul Limited, EMCO Dyestuff, Euram Chemicals Ltd, GFS Chemicals, Haihang Industry, Indspec Chemical Corporation, Jay Organics, Sumitomo Chemical, Kraeber & Co Gmbh, Nippy Chemicals, Parchem Fine & Specialty Chemicals, Sanjay Chemicals (India), Sinoright International Trade, Amino-Chem.
The resorcin market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Resorcin 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 Resorcin Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Resorcin 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 Resorcin 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 Resorcin Market Size & Forecast, 2020-2028 4.5.1 Resorcin Market Size and Y-o-Y Growth 4.5.2 Resorcin 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 Purity:99%
5.2.2 Purity:98%
5.2.3 Others
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 Flame Retardants
6.2.2 Tire & Rubber Products
6.2.3 UV Absorbers
6.2.4 Wood Adhesives
6.2.5 Other Applications
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Resorcin 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 Resorcin 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 Purity:99%
9.6.2 Purity:98%
9.6.3 Others
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 Flame Retardants
9.10.2 Tire & Rubber Products
9.10.3 UV Absorbers
9.10.4 Wood Adhesives
9.10.5 Other Applications
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 Purity:99%
10.6.2 Purity:98%
10.6.3 Others
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 Flame Retardants
10.10.2 Tire & Rubber Products
10.10.3 UV Absorbers
10.10.4 Wood Adhesives
10.10.5 Other Applications
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 Purity:99%
11.6.2 Purity:98%
11.6.3 Others
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 Flame Retardants
11.10.2 Tire & Rubber Products
11.10.3 UV Absorbers
11.10.4 Wood Adhesives
11.10.5 Other Applications
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 Purity:99%
12.6.2 Purity:98%
12.6.3 Others
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 Flame Retardants
12.10.2 Tire & Rubber Products
12.10.3 UV Absorbers
12.10.4 Wood Adhesives
12.10.5 Other Applications
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 Purity:99%
13.6.2 Purity:98%
13.6.3 Others
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 Flame Retardants
13.10.2 Tire & Rubber Products
13.10.3 UV Absorbers
13.10.4 Wood Adhesives
13.10.5 Other Applications
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 Resorcin Market: Competitive Dashboard
14.2 Global Resorcin Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sumitomo Chemical
14.3.2 Akrochem Corporation
14.3.3 Mitsui Chemicals Inc.
14.3.4 Atul Limited
14.3.5 EMCO Dyestuff
14.3.6 Euram Chemicals Ltd
14.3.7 GFS Chemicals
14.3.8 Haihang Industry
14.3.9 Indspec Chemical Corporation
14.3.10 Jay Organics
14.3.11 Sumitomo Chemical
14.3.12 Kraeber & Co Gmbh
14.3.13 Nippy Chemicals
14.3.14 Parchem Fine & Specialty Chemicals
14.3.15 Sanjay Chemicals (India)
14.3.16 Sinoright International Trade
14.3.17 Amino-Chem