#Cresols Market Analysis

[chemicalsnews]

Cresols Market to Witness Astonishing Growth

The global Cresols Market is estimated to attain a valuation of US$ 386.95 Mn Bn by the end of 2027, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 3.5% during the forecast period, 2019 - 2027.

The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of the Cresols industry. The current and historical status of the market together with forecasted market size and trends are demonstrated in the assessment in simple manner. In addition, the report delivers data on the volume, share, revenue, production, and sales in the market.

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Cresols Market - Industry Analysis and Forecast 2015 – 2023

Transparency Market Research has published a new market report titled “Cresols Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.” According to the report, the global cresols market was valued at US$338.9 mn in 2014 and is anticipated to reach US$452.1 mn in 2023, expanding at a CAGR of 3.3% from 2015 to 2023.

Cresols are aromatic organic compounds of monomethyl phenols that are widely used as precursors or chemical intermediates in the production of polymer resins, plasticizers, antioxidants, solvents, vitamin E, rubbers, pharmaceuticals, fragrances, dyes, and other chemicals.

Demand for vitamin E is rising owing to its extensive application in dietary supplements, animal feed additives, etc. This, in turn, is anticipated to fuel growth of the cresols market during the forecast period. Cresols are subject to strict mandates from the Environmental Protection Agency (EPA) as they are harmful air pollutants. This is likely to be a restraining factor for the market growth in the near future. Increasing demand for cresols in industrial applications such as automotive and electronics is estimated to open up new growth avenues for the market.

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Para-cresols was the largest product segment of the cresols market in 2014, accounting for about 45% of the global cresols market followed by meta-cresols, in terms of volume. However, meta-cresols is expected to be the fastest-growing application segment of the cresols market during the forecast period owing to rising demand for vitamin E in dietary supplements.

Major applications of cresols include chemical intermediates, solvents, preservatives, antioxidants, and others. In terms of volume, chemical intermediates accounted for more than 60% share of the global cresols market in 2014. It is estimated to be the fastest-growing segment during the forecast period owing to significant demand from chemical industries in Asia Pacific and Europe. Rising demand for vitamin E in dietary supplements is expected to drive demand for cresols in the chemical intermediates segment in the near future.

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In terms of volume, Asia Pacific dominated the global cresols market in 2014, accounting for more than 45% of the global cresols market. China’s economy has grown rapidly in the past 10 years. This trend is expected to continue during the forecast period. The country offers immense potential for the chemical sector. Growth in the chemical sector in China and other emerging countries in Asia Pacific is anticipated to fuel the cresols market in the next few years. In terms of volume, Europe is likely to be the second-fastest regional segment of the global cresols market during the forecast period.

The report segments the cresols market as follows:

Cresols Market – Product Segment Analysis

Para-cresol

Meta-cresol

Ortho-cresol

Cresols Market – Application Analysis

Chemical Intermediates

Solvents

Preservatives

Antioxidants

Others (Including perfumes & dyes)

Key players in the cresols market include Sasol Phenolics, Saudi Basic Industries Corporation, Lanxess AG, Dakota Gasification Company, RÜTGERS Group, Mitsui Chemicals, Inc., Atul Ltd., Nanjing Datang Chemical Co., Ltd., VDH Chemtech Pvt. Ltd, Ardisons Oils & Electricals (P) Ltd., and Xiamen Hisunny Chemical Co., LTD.

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Know the Latest Study of the Global M-Cresol Market 2019 in the Industry with Prominent Players

The research report mainly introduced the global m-cresol market basics: a market overview, classifications, definitions, applications, and product specifications and so on. The global analytical report has been made by using significant data research methodologies such as primary and secondary research.

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The report also targets important facets such as market drivers, challenges, latest trends, and opportunities associated with the growth of manufacturers in the global market for M-Cresol. The report provides the readers with crucial insights on the strategies implemented by leading companies to remain in the lead of this competitive market.

Competitive landscape

Global M-Cresol Market study covers a comprehensive competitive analysis that includes detailed company profiling of leading players, characteristics of the vendor landscape, and other important studies. M-Cresol report explains how different players are competing in this report.

M-Cresol Market Manufactures:

Mitsui Chemicals

RuTGERS Group

Nanjing Long Yan Chemical

Dakota Gasification

SABIC

Konan Chemical Manufacturing

Anhui Haihua Chemical Technology

Ardison Oils

Merisol Group

Lanxess AG

Xiamen Hisunny Chemical

Sasol Limited

Nanjing Datang Chemica

Market Segmentation

The global M-Cresol market is segmented on the basis of the type of product, application, and region. The segmentation study equips interested parties to identify high-growth portions of the global M-Cresol market and understand how the leading segments could grow during the forecast period.

Product Segment Analysis by Types

Purity98%

Purity95%

Application of M-Cresol Market are

Agrochemical

Antioxidant

Specialty Resin

Following regions are analyzed in M-Cresol at a provincial level

North America

Europe

China

Japan

The Middle East & Africa

India

South America

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The reports help to find the answers to the following questions:

• What is the present size of the M-Cresol Market in the top 5 Global & American countries?

• How is the M-Cresol market separated into various product segments & sub-segments?

• How is the market expected to grow in the future?

• What is the market potential compared to other countries?

• How are the overall M-Cresol market and different product segments developing?

References

1. Global Core Materials Industry Market Research Report

2. Thermoset Molding Compounds Market Is Responsible For Increasing Market Share

[researge]

Global Cresol Market Study Report 2014-2030

Analysis of the CRESOL MARKET

A comprehensive market study on the CRESOL MARKET Market provides an overview of the demand-supply and consumption patterns of Cresol Market across six different regions. This market study describes the Cresol Market Market, with focus on major countries and their subsequent demand for different segments. This report on the global Cresol Market market offers a complete overview of various factors impacting positively or negatively on the overall growth of the Keyword market.

Distinct market estimations and forecasts are presented in this comprehensive Cresol Market market study. Various secondary sources such as encyclopedia, directories, technical handbooks, company annual reports, industry association publications, magazine articles, world economic outlook, and databases have been referred to identify and collect information useful for this extensive commercial study of Cresol Market. Moreover, both micro-economic and macro-economic factors have been considered to arrive at growth rate and size estimation in the short and long-term forecast. Prismane Consulting supplements this with primary research. The primary sources are experts from related industries and suppliers. For market forecast, and production / plant operating rates, we assume numerous reasons that drive production including new production capacity is brought on-stream, Planned, and unplanned outages of existing capacities and Subdued demand from end-use applications.

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The current COVID-19 pandemic is causing high and rising human costs worldwide. Isolation, nationwide lockdowns, and widespread closures to stop the spread of the virus have severely impacted the economy. As a result, the global economy declined by an around of -3.5% in 2020, much worse and below the 2008-2009 subprime mortgage crisis. The global economy has grown between 5% and 6% in 2021 and 2022 due to the normalization brought in the regional economic activities on back of the fading COVID-19 pandemic and stability in the crude oil prices. The economic activities have been aided by the new policies surrounding financial, agricultural, industrial, and manufacturing sector. The report on Cresol Market Market studies and outlines the impact of COVID-19 and presents the forecasts for the short, mid and long-term. The report also covers Macro-economic factors like GDP, Population and World Economic integration, Economic & Energy Outlook, Industry & Policy Developments, End-use Industry / Applications Market, Reasoning & Analysis, Insightful Commentary, Market Review, Comparative Analysis, Latest Trends and market developments, Key players, Strategic Issues and Recommendations, Business Opportunity Assessment and much more.

Global Cresol Demand Supply Analysis By Type,

By Applications Industry (Volume, Value) (2014–2030)

     Strategic Issues

     Capacity Analysis – Plants and Projects (2014 – 2030)

Capacity

Production

Producing Companies

Capacity Additions and Investments

Location

Salient Statistics

Technology / Process

     Demand Supply Analysis and Forecast (2014 – 2030)

Capacity

Production

Operating Rate

Import

Export

Net Trade

Demand

Demand Growth Rate (%)

Driving Force Analysis

Global Cresol Market, By Type

Ortho-Cresol

Meta-Cresol

Para-Cresol

Global Cresol Market, By Application

Agrochemicals

Aroma Chemicals

Specialty Resins

Antioxidants

Flame Retardants

Dyes

Vitamin E

Others

Why Prismane Consulting?

Chemical Sciences, Engineering, Oil & Gas, Finance, Economics and Business backgrounds

Real-world industry, consulting, and market research experience

Average work experience of 10+ years

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About Prismane Consulting

Prismane Consulting is a unique global boutique consulting firm with an Indian origin. We present ourselves to the world outside providing management, economic and technical expertise to improve customer engagement, boost operational efficiency, reduce costs, and achieve superior business results. Prismane Consulting serves leading businesses in the field of Chemicals, Petrochemicals, Polymers, Materials, Environment and Energy. We have been advising clients on their key strategic issues solving their toughest and most critical business problems. To know more write to us on info@prismaneconsulting.com

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Cresols Market Sales Revenue to Significantly Increase in the Next Few Years

Cresols Market: Introduction

Cresols is an aromatic organic compound and obtained from coal tar or petroleum as a mixture of three stereoisomers i.e. Ortho Cresols, Meta Cresols and Para Cresols. It is generally referred as tricresol or cresolic acid and very toxic in nature. It is a strong dermal irritant and on inhalation by human, it may cause serious hazards such as dryness, nasal constriction, and throat irritation among others.

However it is widely used for variety of applications such as disinfectants, antiseptics, preservative and agrochemicals among others. Ortho, Meta and Para cresol are stereoisomers and commercially manufactured as phenol derivatives. There are two well-known manufacturing processes of cresol i.e. methylation of phenol using methanol and sulfonation of toluene, followed by hydrolysis. However manufacturing of cresol from toluene is industrially preferred route. It is appeared either as liquid or in solid form with sweet and phenolic odor.

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Cresols Market: Dynamics

Average price of cresol is subjected to change with geographies and does not follow volume to revenue ration in each individual geographies. Growing demand for specialty chemicals, pharmaceuticals intermediates and industrial lubricants is expected to drive global consumption of cresols.

The growing demand for antioxidants and preservatives is another accelerator for global market of cresols. Sustainability of the global cresols market is majorly depends on price and availability of raw materials.

However alarming government regulations on use of cresols for certain applications such as in cosmetics and hair and dye products may restrain the overall consumption of cresols across the globe.

Cresols Market: Segmentation

basis of product types

Ortho Cresols

Meta Cresols

Para Cresols

basis of applications

Solvents

Chemical Intermediates

Antioxidants

Preservatives

Other

Dyes Manufacturing

Fragrance Manufacturing

Others

basis of geographies

North America

Latin America

Western Europe

Eastern Europe

Asia Pacific Excluding Japan (APEJ)

Japan

Middle East and Africa (MEA)

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Cresols Market: Regional Outlook

Major consumers of cresols are China, U.S., Western Europe and Japan and collectively accounted for more than 60% of total world consumption in 2015. China is the largest market in Asia-Pacific followed by India in 2016, and is expected to grow rapidly in the near future. Owing to cresol’s value added applications such as solvent, disinfectant and preservative, it is expected that the consumption of cresol will grow steadily especially in China and India.

This is primarily because of expansion of end-use industries such as rubber and plastics, pharmaceuticals, dyes and chemicals in Asia Pacific. U.S. and Western Europe are two leading consumer of cresolic acid and consumption of cresol by this two geographies is expected to grow steadily at a CAGR of 3.0% till 2020.

Cresols Market: Key Players

Some of the key players in the global cresols market are as follow as;

Atul Limited

Sasol Phenolics

Mitsui Chemicals Inc.

Dakota Gasification Company

Nanjing Datang Chemical Co., Ltd.

Saudi Basic Industries Corporation

Sokolovská Uhelná, Právní Nástupce, a.s.

Rütgers Chemicals GmbH

C-Chem Co., Ltd.

Lanxess AG

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[fusiontechnologyankush]

2 Nitro Para Cresol Market Research, Future Trends, Opportunities and Deep Analysis 2028

2 Nitro Para Cresol Market Research, Future Trends, Opportunities and Deep Analysis 2028

Report Summary The 2 Nitro Para Cresol market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis,…

[credibleenergy]

para-Cresol, also 4-methylphenol, is an organic compound with the formula CH3C6H4(OH). It is a colourless solid that is widely used intermediate in the production of other chemicals. It is a derivative of phenol and is an isomer of o-cresol and m-cresol.

Based on the P-Cresol market development status, competitive landscape and development model in different regions of the world, this report is dedicated to providing niche markets, potential risks and comprehensive competitive strategy analysis in different fields. From the competitive advantages of different types of products and services, the development opportunities and consumption characteristics and structure analysis of the downstream application fields are all analyzed in detail. To Boost Growth during the epidemic era, this report analyzes in detail for the potential risks and opportunities which can be focused on.

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Global M-Cresol Market is predicted to Propel Owing to Increasing Awareness: Ken Research

Global M-Cresol Market is predicted to Propel Owing to Increasing Awareness: Ken Research

According to the report analysis, ‘Global M-Cresol Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread)’ states that Lanxess AG, Sasol Limited, Anhui Haihua Chemical Technology, RuTGERS Group, Konan Chemical Manufacturing, SABIC, Nanjing Long Yan Chemical, Mitsui Chemicals, Merisol Group, Ardison Oils, Dakota…