July 30, 2020

Resorcinol Market Size, Top Players & Forecast Report to 2026

Latest Resorcinol Market report published by Value Market Research provides a detailed market analysis comprising of market size, share, value, growth and trends for the period 2019-2026. The report encompasses data regarding market share and recent developments by key players. Moreover, this market report also covers regional and country market in detail.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the resorcinol market include Akrochem Corporation, Aldon Corporation, Alfa Aesar, Amino-Chem Co. Ltd., Atul Ltd., Dynea AS, Euram Chemicals Ltd, Indspec Chemical Corporation, Jiangsu Zhongdan Group Co., Ltd., Kraeber & Co. GmbH, Mitsui Chemicals, Napp Technologies, Sigma-Aldrich, Sumitomo Chemicals Co. Ltd., etc. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

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Market Dynamics

The growing automotive industry, along with the increasing usage of wood in the construction of residential and commercial complexes across the globe, is among the key factors driving the growth of the market. Resorcinol is widely used as a wood-binding agent, owing to its high cost-effectiveness, chemical stability, resistance to solvents, salt-water, acids, and oil. It also finds applications in the manufacturing of light screening agents to protect plastic products against ultraviolet (UV) rays. Furthermore, with the growth of the automotive sector, there is an emerging need for various rubber-based products, including belts, tires and rubber-coated fabrics. This is acting as another growth-inducing factor as these products utilize resorcinol as a binding medium for rubber and reinforcing cords. Additionally, increasing utilization of the compound in the production of non-halogenated flame-retardants and various agricultural chemicals is also providing a boost to the market growth. Moreover, the increasing prevalence of skin-related medical ailments is increasing the utilization of resorcinol as an antiseptic and disinfectant in skincare products for the treatment of acne, psoriasis, eczema, calluses, and warts.

The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.

Additionally, these tools also give inclusive assessment of each application/product segment in the global market of resorcinol.

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Market Segmentation

The entire resorcinol market has been sub-categorized into production method, application, and end-use industry. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.

By Production Method

·         Benzene Disulfonation

·         Hydroperoxidation of Meta-Diisopropylbenzene

·         Hydrolysis of Meta-Phenylenediamine

By Application

·         Tire and Rubber Products

·         Wood Adhesives and Binders

·         UV Products and Dyes

·         Flame Retardants

·         Others

By End-Use Industry

·         Automotive

·         Building and Construction

·         Healthcare

·         Electrical and Electronics

·         Others

Regional Analysis

This section covers regional segmentation which accentuates on current and future demand for resorcinol market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.

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