Resorcinol Market Report: Trends, Forecast and Competitive Analysis to 2030

Resorcinol Trends and Forecast

The future of the global resorcinol market looks promising with opportunities in the automotive, building & construction, healthcare, and electrical & electronic markets. The global resorcinol market is expected to reach an estimated $485.7 million by 2030 with a CAGR of 2.1% from 2024 to 2030. The major drivers for this market are rising automotive industry, increasing use of wood in construction, and growing usage of resorcinol based skincare products.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Resorcinol by Segment

The study includes a forecast for the global resorcinol by production method, application, end use, and region.

Resorcinol Market by Production Method [Shipment Analysis by Value from 2018 to 2030]:

• Benzene Disulfonation
• Hydroperoxidation of Meta-Diisopropylbenzene
• Hydrolysis of Meta-Phenylenediamine

Resorcinol Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Tire & Rubber Products
• Wood Adhesives & Binders
• UV Products & Dyes
• Flame Retardants
• Others

Resorcinol Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Automotive
• Building & Construction
• Healthcare
• Electrical & Electronics
• Others

Resorcinol Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Resorcinol Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies resorcinol companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the resorcinol companies profiled in this report include-

• Akrochem
• Aldon
• Alfa Aesar
• Amino-Chem
• Atul
• Dynea
• Euram Chemical
• Indspec Chemical
• Jiangsu Zhongdan
• Mitsui Chemicals

Resorcinol Market Insights

Lucintel forecasts that tire & rubber product is expected to witness the highest growth over the forecast period.

Within this market, automotive is expected to witness the highest growth over the forecast period.

APAC is expected to witness the highest growth over the forecast period.

Features of the Global Resorcinol Market

Market Size Estimates: Resorcinol market size estimation in terms of value ($M).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Resorcinol market size by production method, application, end use, and region in terms of value ($M).

Regional Analysis: Resorcinol market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different production methods, applications, end uses, and regions for the resorcinol market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the resorcinol market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the resorcinol market size?

Answer: The global resorcinol market is expected to reach an estimated $485.7 million by 2030.

Q2. What is the growth forecast for resorcinol market?

Answer: The global resorcinol market is expected to grow with a CAGR of 2.1% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the resorcinol market?

Answer: The major drivers for this market are rising automotive industry, increasing use of wood in construction, and growing usage of resorcinol based skincare products.

Q4. What are the major segments for resorcinol market?

Answer: The future of the resorcinol market looks promising with opportunities in the automotive, building & construction, healthcare, and electrical & electronic markets.

Q5. Who are the key resorcinol market companies?

Answer: Some of the key resorcinol companies are as follows:

• Akrochem
• Aldon
• Alfa Aesar
• Amino-Chem
• Atul
• Dynea
• Euram Chemical
• Indspec Chemical
• Jiangsu Zhongdan
• Mitsui Chemicals

Q6. Which resorcinol market segment will be the largest in future?

Answer: Lucintel forecasts that tire & rubber product is expected to witness the highest growth over the forecast period.

Q7. In resorcinol market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness the highest growth over the forecast period.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the resorcinol market by production method (benzene disulfonation, hydroperoxidation of meta-diisopropylbenzene, and hydrolysis of meta-phenylenediamine), application (tire & rubber products, wood adhesives & binders, UV products & dyes, flame retardants, and others), end use (automotive, building & construction, healthcare, electrical & electronics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?