Market Overview:
The global methyol resorcinol market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for methyol resorcinol from various applications such as plastics industry, rubber industry, and medicine industry. In addition, the growing demand for methyol resorcinol in Asia Pacific and Middle East & Africa is also contributing to the growth of this market. However, volatility in prices of raw materials may restrain the growth of this market during the forecast period.
Product Definition:
A white crystalline compound with a slightly phenolic odor, methylol resorcinol is used as an intermediate in the synthesis of certain pharmaceuticals and other compounds.
Crystal:
Crystal or methacrylate is a monomer used in the production of polymers such as methyl methacrylate (MMA), ethyl acrylates, and butyl methacrylate (BMA). It is also used in pharmaceuticals for treating eye drops, tablets, and injections. Crystal plays an important role in the manufacturing process of resorcinol which is further utilized to manufacture antibiotics such as penicillin.
Powder:
Powder is a fine, dry, white or colorless solid and has a characteristic odor. It is insoluble in water and most organic solvents. The product can be manufactured by two methods: the direct oxidation of alcohol with air or indirect oxidation method using carbon as an oxidizing agent. Direct powder method is used more often than indirect powder method due to its ease of use and higher output.
Application Insights:
Plastics industry emerged as the largest application segment and accounted for over 55% of the global market share in terms of volume in 2017. Methyol resorcinol is widely used to produce PVC, polypropylene (PP), epoxy, and other plastics. The product plays an important role in manufacturing various plastic products including PE pipes & fittings, PP sheets & profiles, EPDM rubber sheeting & gaskets along with a wide range of consumer goods such as toys, electrical appliances and packaging materials.
Rubber emerged as another significant application area where MHR finds numerous applications across tire manufacturing sector owing to its ability to provide resistance against heat & chemicals without adding weight or cost to a vehicle. It also helps reduce fuel consumption by around 4%.
Regional Analysis:
Asia Pacific was the largest market for global methol resorcinol with a revenue share of over 45% in 2017. The region is also expected to be the fastest-growing market, expanding at a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing population in developing economies such as China, India, Indonesia and Malaysia. In addition, rising disposable income coupled with an increase in consumer preference for automotive plastics will drive industry growth over the forecast period.
The Asia Pacific witnessed significant demand from end-use industries such as medical devices & packaging which are driving product demand across countries including China and Japan along with other Southeast Asian nations.
Growth Factors:
- Increasing demand from end-use industries such as construction, automotive and furniture owing to its properties such as heat resistance, durability and low weight.
- Growing awareness about the benefits of Methyol Resorcinol among consumers is likely to boost the market growth.
- Rising R&D investments by key players for product innovation is projected to propel the market growth in the near future.
- Stringent government regulations pertaining to VOC emissions are expected to create new opportunities for Methyol Resorcinol market in coming years
Scope Of The Report
Report Attributes
Report Details
Report Title
Methyol Resorcinol Market Research Report
By Type
Crystal, Powder
By Application
Plastics Industry, Rubber, Medicine, Others
By Companies
Sumitomo Chemicals, Indspec Chemical Corporation, Mitsui Chemicals, Atul Ltd, Deepak Nitrite Ltd
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Methyol Resorcinol Market Report Segments:
The global Methyol Resorcinol market is segmented on the basis of:
Types
Crystal, Powder
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
Plastics Industry, Rubber, Medicine, Others
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 Chemicals
- Indspec Chemical Corporation
- Mitsui Chemicals
- Atul Ltd
- Deepak Nitrite Ltd
Highlights of The Methyol Resorcinol 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:
- Crystal
- Powder
- By Application:
- Plastics Industry
- Rubber
- Medicine
- Others
- 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 Methyol Resorcinol 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?
Methyol Resorcinol is a type of antimicrobial agent that kills bacteria and fungi. It is also used to treat skin infections.
Some of the major companies in the methyol resorcinol market are Sumitomo Chemicals, Indspec Chemical Corporation, Mitsui Chemicals, Atul Ltd, Deepak Nitrite Ltd.
The methyol resorcinol market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Methyol Resorcinol Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Methyol Resorcinol Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Methyol Resorcinol Market - Supply Chain
4.5. Global Methyol Resorcinol Market Forecast
4.5.1. Methyol Resorcinol Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Methyol Resorcinol Market Size (000 Units) and Y-o-Y Growth
4.5.3. Methyol Resorcinol Market Absolute $ Opportunity
5. Global Methyol Resorcinol Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Methyol Resorcinol Market Size and Volume Forecast by Type
5.3.1. Crystal
5.3.2. Powder
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Methyol Resorcinol Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Methyol Resorcinol Market Size and Volume Forecast by Application
6.3.1. Plastics Industry
6.3.2. Rubber
6.3.3. Medicine
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Methyol Resorcinol Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Methyol Resorcinol Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Methyol Resorcinol Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Methyol Resorcinol Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Methyol Resorcinol Demand Share Forecast, 2019-2026
9. North America Methyol Resorcinol Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Methyol Resorcinol Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Methyol Resorcinol Market Size and Volume Forecast by Application
9.4.1. Plastics Industry
9.4.2. Rubber
9.4.3. Medicine
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Methyol Resorcinol Market Size and Volume Forecast by Type
9.7.1. Crystal
9.7.2. Powder
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Methyol Resorcinol Demand Share Forecast, 2019-2026
10. Latin America Methyol Resorcinol Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Methyol Resorcinol Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Methyol Resorcinol Market Size and Volume Forecast by Application
10.4.1. Plastics Industry
10.4.2. Rubber
10.4.3. Medicine
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Methyol Resorcinol Market Size and Volume Forecast by Type
10.7.1. Crystal
10.7.2. Powder
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Methyol Resorcinol Demand Share Forecast, 2019-2026
11. Europe Methyol Resorcinol Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Methyol Resorcinol Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Methyol Resorcinol Market Size and Volume Forecast by Application
11.4.1. Plastics Industry
11.4.2. Rubber
11.4.3. Medicine
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Methyol Resorcinol Market Size and Volume Forecast by Type
11.7.1. Crystal
11.7.2. Powder
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Methyol Resorcinol Demand Share, 2019-2026
12. Asia Pacific Methyol Resorcinol Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Methyol Resorcinol Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Methyol Resorcinol Market Size and Volume Forecast by Application
12.4.1. Plastics Industry
12.4.2. Rubber
12.4.3. Medicine
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Methyol Resorcinol Market Size and Volume Forecast by Type
12.7.1. Crystal
12.7.2. Powder
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Methyol Resorcinol Demand Share, 2019-2026
13. Middle East & Africa Methyol Resorcinol Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Methyol Resorcinol Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Methyol Resorcinol Market Size and Volume Forecast by Application
13.4.1. Plastics Industry
13.4.2. Rubber
13.4.3. Medicine
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Methyol Resorcinol Market Size and Volume Forecast by Type
13.7.1. Crystal
13.7.2. Powder
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Methyol Resorcinol Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Methyol Resorcinol Market: Market Share Analysis
14.2. Methyol Resorcinol Distributors and Customers
14.3. Methyol Resorcinol Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Sumitomo Chemicals
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Indspec Chemical Corporation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Mitsui Chemicals
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Atul Ltd
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Deepak Nitrite Ltd
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook