Cresol Market Revenue Poised for Significant Growth During the Forecast Period of 2020-2030 from jaypal's blog

The latest report, titled ‘Global Cresol Market,’ comprises a profound analysis of the fundamental parameters contributing to the global Cresol Market scenarios. The research report provides the reader with an in-depth interpretation of the Cresol Market dynamics, including the crucial drivers, opportunities, threats, and challenges.


The global cresol market size was USD 327.6 Million in 2021 and is expected to register a revenue CAGR of 3.5% during the forecast period, according to latest analysis by Emergen Research. Rising demand for cresol to produce agrochemicals & pesticides is a key factor driving market revenue growth.

Ortho cresol derivatives are mostly used in agrochemical and pesticide industries and considered a key component in agrochemicals. Growing concerns about crop protection and pest control are creating a high demand for agrochemical products. The industry is booming in recent years due to growing need to defend against crop losses and boost yields and increase consumer demand for sustainably produced food. In 2021, China launched 14th Five-Year Plan (FYP) for development of the agrochemical industry from 2021 to 2025.

Request a PDF sample copy of the report @ https://www.emergenresearch.com/request-sample/1222

Some Key Highlights from the Report

  • The para-cresol segment accounted for largest revenue share in 2021 due to rising adoption of para-cresol in food, cosmetic, and pharmaceutical industries. It is mainly used to make butylated hydroxytoluene, which is an antioxidant used in cosmetic, food, and pharmaceutical industries. Growing development of end-use industries creates high demand for para-cresol and is expected to drive revenue growth of this segment.
  • The chemical segment is expected to account for a significantly large revenue share over the forecast period due to rising adoption of cresol as a variety of chemical intermediates. Cresols are aromatic monomethyl phenolic organic compounds used as chemical intermediates in production of plasticizers, polymer resins, and antioxidants. Rising development of the chemical industry across the globe is expected to drive revenue growth of this segment.
  • The Asia Pacific market accounted for the largest revenue share in the global cresol market in 2021 due to growing adoption of cresols for production of pesticides and other agrochemicals in countries across the region, especially in China and India. In February 2022, for instance, India's biggest cresol producer Atul Ltd. announced an increase in para Cresol manufacturing capacity from 28,000 to 36,000 tons per year due to high demand for this product in this country.

The latest report is the most recent study that offers 360° coverage of the Cresol industry that has been facing the brunt of the adverse economic impact of the COVID-19 outbreak since the beginning of this year. The global health crisis has affected nearly every aspect of the business vertical and led to massive disruptions to the global Cresol market demand and supply chains. Researchers draw predictions for the market scenario in the post-COVID era. The report, additionally, assesses the present market situation and estimates its future outcomes, keeping in mind the impact of the pandemic on the global economic landscape.

To get leading market solutions, visit the link below: https://www.emergenresearch.com/industry-report/cresol-market

Emergen Research has segmented the global cresol market based on product type, source, application, end-use, and region:

  • Product Type Outlook (Revenue, USD Million, Volume, Kilo Tons; 2019-2030)
    • Meta-Cresol
    • Para-Cresol
    • Ortho-Cresol
  • Source Outlook (Revenue, USD Million, Volume, Kilo Tons; 2019-2030)
    • Natural
    • Synthetic
  • Application Outlook (Revenue, USD Million, Volume, Kilo Tons; 2019-2030)
    • Chemical Intermediates
    • Solvents
    • Preservatives
    • Fragrance
    • Dyes
    • Antioxidants
    • Others
  • End-Use Outlook (Revenue, USD Million, Volume, Kilo Tons; 2019-2030)
    • Pharmaceuticals
    • Paints & Coating
    • Chemical
    • Others

Regional Analysis:

This section of the report offers valuable insights into the geographical segmentation of the Cresol market, alongside estimating the current and future market valuations based on the demand-supply dynamics and pricing structure of the leading regional segments. Furthermore, the growth prospects of each segment and sub-segment have been meticulously described in the report.

The report classifies the global Cresol market into various regions, including:

  • North America (U.S., Canada)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Middle East & Africa (Saudi Arabia, the U.A.E., South Africa, Rest of MEA)

Competitive Terrain:

The Global Cresol Market is highly consolidated due to the presence of a large number of companies across this industry. The report discusses the current market standing of these companies, their past performances, demand and supply graph, production and consumption patterns, sales network, distribution channels, and growth opportunities in the market at length. The report scrutinizes the strategic approach of key market players towards expanding their product offerings and fortifying their market foothold.

The leading market contenders listed in the report are as follows:

Sasol Limited, Atul Ltd., Lanxess AG, Saudi Basic Industries Corporation, Konan Chemical Manufacturing Co., Ltd., Mitsui Chemicals, Dakota Gasification Company, Henan Hongye Technological Chemical Co., Ltd., RüTGERS Group, and Akrochem Corporation.

For further queries, please reach out to our team @ https://www.emergenresearch.com/purchase-enquiry/1222

Report Highlights:

  • The report conducts a comparative assessment of the leading market players participating in the global Cresol market.
  • The report marks the notable developments that have recently taken place in the Cresol industry
  • It details on the strategic initiatives undertaken by the market competitors for business expansion.
  • It closely examines the micro- and macro-economic growth indicators, as well as the essential elements of the Cresol market value chain.
  • The repot further jots down the major growth prospects for the emerging market players in the leading regions of the market.

To view the detailed ToC of the global Cresol market report, visit @ https://www.emergenresearch.com/industry-report/cresol-market

Key questions addressed in the report:

  • Who are the leading players dominating the global Cresol Market?
  • Which factors could potentially hamper the global market growth during the forecast period?
  • Which regional market offers the most attractive growth opportunities to the companies operating in this market?
  • How is the raw material availability affecting the demand for Cresol in this industry vertical?

To get access to the complete report on the Cresol market, click on the link mentioned here: @ https://www.emergenresearch.com/select-license/1222

Thank you for reading our report. For further details or to inquire about the customization of the report, please let us know. We will offer you the report as per your requirements.

Explore More Emergen Research Report @ www.emergenresearch.com

next-generation biomanufacturing market- https://www.emergenresearch.com/industry-report/next-generation-biomanufacturing-market

ultrasound-guided regional anesthesia market- https://www.emergenresearch.com/industry-report/ultrasound-guided-regional-anesthesia-market

extended reality market- https://www.emergenresearch.com/industry-report/extended-reality-market

plant genomics market- https://www.emergenresearch.com/industry-report/plant-genomics-market

logistics robots market- https://www.emergenresearch.com/industry-report/logistics-robots-market

text-to-speech market- https://www.emergenresearch.com/industry-report/text-to-speech-market

sustainable air filters market- https://www.emergenresearch.com/industry-report/sustainable-air-filters-market

About Us:

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

Contact Us:

Eric Lee

Corporate Sales Specialist

Emergen Research | Web: www.emergenresearch.com

Direct Line: +1 (604) 757-9756

E-mail: [email protected]

Visit for More Insights: https://www.emergenresearch.com/insights

Explore Our Custom Intelligence services | Growth Consulting Services

Facebook | LinkedIn | Twitter | Blogs

Read Full Press Release @ https://www.emergenresearch.com/press-release/global-cresol-market


Previous post     
     Next post
     Blog home

The Wall

No comments
You need to sign in to comment

Post

By jaypal
Added Jul 25 '22

Tags

Rate

Your rate:
Total: (0 rates)

Archives