The global Resorcinol Market report contains overall the details analysis based on few parameters like drivers, restraints, competitive analysis, latest trends and opportunities, geographical outlook, and competitive panel for the forecast timespan of 2020 to 2026. Therefore, these written statements reflect the overall market conditions and various other factors that are associated with the market that will definitely guide concerned parties in making a strategic decision.
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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more information on "Global Resorcinol Market Research Report" by
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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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