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Resorcinol Market Report by Application, Production Method, End-Use Industry, and Region 2024-2032

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    • Amino-Chem Co. Ltd.
    • Atul Ltd.
    • Dynea AS
    • Euram Chemicals Ltd
    • Indspec Chemical Corporation
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    • Napp Technologies LLC
    • Sigma-Aldrich Corporation
    • Sumitomo Chemicals Co. Ltd.
ksm 24.05.03

The global resorcinol market size reached US$ 487.7 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 595.4 Million by 2032, exhibiting a growth rate (CAGR) of 2.2% during 2024-2032.

Resorcinol, or resorcin, is a crystalline solid that is white in color and soluble in alcohol, ether and water. It has a slightly bittersweet taste and is produced by melting resins, such as asafetida and galbanum with potassium hydroxide (KOH) or by the distillation of brazilwood extract. This organic compound enhances the adhesive strength of rubber and wood products and is used in the manufacturing of fire retardants, dyes, UV stabilizers, explosives and herbicides. Owing to this, it finds extensive application across various industries, including rubber, chemical, automotive, construction, etc.

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.

IMARC Group's latest report provides a deep insight into the global resorcinol market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the resorcinol market in any manner.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global resorcinol market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on application, production method, and end-use industry.

Breakup by Application:

Tire and Rubber Products

Wood Adhesives and Binders

UV Products and Dyes

Flame Retardants

Others

Based on the application, tire and rubber products currently account for the highest market share.

Breakup by Production Method:

Benzene Disulfonation

Hydroperoxidation of Meta-Diisopropylbenzene

Hydrolysis of Meta-Phenylenediamine

Based on the production method, hydroperoxidation of meta-diisopropylbenzene currently holds the majority of the market share.

Breakup by End-Use Industry:

Automotive

Building and Construction

Healthcare

Electrical and Electronics

Others

Based on the end-use, automotive industry currently accounts for the largest market share.

Breakup by Region:

Asia Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

North America

United States

Canada

Middle East and Africa

Turkey

Saudi Arabia

Iran

United Arab Emirates

Others

Latin America

Brazil

Mexico

Argentina

Colombia

Others

Based on geography, Asia Pacific currently represents the biggest market for resorcinol.

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Akrochem Corporation, Aldon Corporation, Alfa Aesar (Thermo Fisher Scientific Inc.), Amino-Chem Co., Ltd., Atul Ltd., Dynea AS, Euram Chemicals Ltd., Indspec Chemical Corporation, Jiangsu Zhongdan Group Co., Ltd., Mitsui Chemicals Inc., Napp Technologies LLC, Sigma-Aldrich Corporation, Sumitomo Chemicals Co. Ltd., etc.

Key Questions Answered in This Report:

  • How has the global resorcinol market performed so far and how will it perform in the coming years?
  • What are the key regional markets in the global resorcinol industry?
  • What has been the impact of COVID-19 on the global resorcinol market?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the production method?
  • What is the breakup of the market based on the end-use industry?
  • What are the various stages in the value chain of the global resorcinol industry?
  • What are the key driving factors and challenges in the global resorcinol industry?
  • What is the structure of the global resorcinol industry and who are the key players?
  • What is the degree of competition in the global resorcinol industry?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Resorcinol Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Application

  • 6.1 Tire and Rubber Products
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Wood Adhesives and Binders
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 UV Products and Dyes
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast
  • 6.4 Flame Retardants
    • 6.4.1 Market Trends
    • 6.4.2 Market Forecast
  • 6.5 Others
    • 6.5.1 Market Trends
    • 6.5.2 Market Forecast

7 Market Breakup by Production Method

  • 7.1 Benzene Disulfonation
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Hydroperoxidation of Meta-Diisopropylbenzene
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Hydrolysis of Meta-Phenylenediamine
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast

8 Market Breakup by End-Use Industry

  • 8.1 Automotive
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Building and Construction
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Healthcare
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast
  • 8.4 Electrical and Electronics
    • 8.4.1 Market Trends
    • 8.4.2 Market Forecast
  • 8.5 Others
    • 8.5.1 Market Trends
    • 8.5.2 Market Forecast

9 Market Breakup by Region

  • 9.1 Asia Pacific
    • 9.1.1 China
      • 9.1.1.1 Market Trends
      • 9.1.1.2 Market Forecast
    • 9.1.2 Japan
      • 9.1.2.1 Market Trends
      • 9.1.2.2 Market Forecast
    • 9.1.3 India
      • 9.1.3.1 Market Trends
      • 9.1.3.2 Market Forecast
    • 9.1.4 South Korea
      • 9.1.4.1 Market Trends
      • 9.1.4.2 Market Forecast
    • 9.1.5 Australia
      • 9.1.5.1 Market Trends
      • 9.1.5.2 Market Forecast
    • 9.1.6 Indonesia
      • 9.1.6.1 Market Trends
      • 9.1.6.2 Market Forecast
    • 9.1.7 Others
      • 9.1.7.1 Market Trends
      • 9.1.7.2 Market Forecast
  • 9.2 Europe
    • 9.2.1 Germany
      • 9.2.1.1 Market Trends
      • 9.2.1.2 Market Forecast
    • 9.2.2 France
      • 9.2.2.1 Market Trends
      • 9.2.2.2 Market Forecast
    • 9.2.3 United Kingdom
      • 9.2.3.1 Market Trends
      • 9.2.3.2 Market Forecast
    • 9.2.4 Italy
      • 9.2.4.1 Market Trends
      • 9.2.4.2 Market Forecast
    • 9.2.5 Spain
      • 9.2.5.1 Market Trends
      • 9.2.5.2 Market Forecast
    • 9.2.6 Russia
      • 9.2.6.1 Market Trends
      • 9.2.6.2 Market Forecast
    • 9.2.7 Others
      • 9.2.7.1 Market Trends
      • 9.2.7.2 Market Forecast
  • 9.3 North America
    • 9.3.1 United States
      • 9.3.1.1 Market Trends
      • 9.3.1.2 Market Forecast
    • 9.3.2 Canada
      • 9.3.2.1 Market Trends
      • 9.3.2.2 Market Forecast
  • 9.4 Middle East and Africa
    • 9.4.1 Turkey
      • 9.4.1.1 Market Trends
      • 9.4.1.2 Market Forecast
    • 9.4.2 Saudi Arabia
      • 9.4.2.1 Market Trends
      • 9.4.2.2 Market Forecast
    • 9.4.3 Iran
      • 9.4.3.1 Market Trends
      • 9.4.3.2 Market Forecast
    • 9.4.4 United Arab Emirates
      • 9.4.4.1 Market Trends
      • 9.4.4.2 Market Forecast
    • 9.4.5 Others
      • 9.4.5.1 Market Trends
      • 9.4.5.2 Market Forecast
  • 9.5 Latin America
    • 9.5.1 Brazil
      • 9.5.1.1 Market Trends
      • 9.5.1.2 Market Forecast
    • 9.5.2 Mexico
      • 9.5.2.1 Market Trends
      • 9.5.2.2 Market Forecast
    • 9.5.3 Argentina
      • 9.5.3.1 Market Trends
      • 9.5.3.2 Market Forecast
    • 9.5.4 Colombia
      • 9.5.4.1 Market Trends
      • 9.5.4.2 Market Forecast
    • 9.5.5 Others
      • 9.5.5.1 Market Trends
      • 9.5.5.2 Market Forecast

10 SWOT Analysis

  • 10.1 Overview
  • 10.2 Strengths
  • 10.3 Weaknesses
  • 10.4 Opportunities
  • 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

  • 12.1 Overview
  • 12.2 Bargaining Power of Buyers
  • 12.3 Bargaining Power of Suppliers
  • 12.4 Degree of Competition
  • 12.5 Threat of New Entrants
  • 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

  • 14.1 Market Structure
  • 14.2 Key Players
  • 14.3 Profiles of Key Players
    • 14.3.1 Akrochem Corporation
      • 14.3.1.1 Company Overview
      • 14.3.1.2 Product Portfolio
    • 14.3.2 Aldon Corporation
      • 14.3.2.1 Company Overview
      • 14.3.2.2 Product Portfolio
    • 14.3.3 Alfa Aesar (Thermo Fisher Scientific Inc.)
      • 14.3.3.1 Company Overview
      • 14.3.3.2 Product Portfolio
    • 14.3.4 Amino-Chem Co. Ltd.
      • 14.3.4.1 Company Overview
      • 14.3.4.2 Product Portfolio
    • 14.3.5 Atul Ltd.
      • 14.3.5.1 Company Overview
      • 14.3.5.2 Product Portfolio
      • 14.3.5.3 Financials
    • 14.3.6 Dynea AS
      • 14.3.6.1 Company Overview
      • 14.3.6.2 Product Portfolio
    • 14.3.7 Euram Chemicals Ltd
      • 14.3.7.1 Company Overview
      • 14.3.7.2 Product Portfolio
    • 14.3.8 Indspec Chemical Corporation
      • 14.3.8.1 Company Overview
      • 14.3.8.2 Product Portfolio
    • 14.3.9 Jiangsu Zhongdan Group Co., Ltd.
      • 14.3.9.1 Company Overview
      • 14.3.9.2 Product Portfolio
    • 14.3.10 Mitsui Chemicals Inc.
      • 14.3.10.1 Company Overview
      • 14.3.10.2 Product Portfolio
      • 14.3.10.3 Financials
      • 14.3.10.4 SWOT Analysis
    • 14.3.11 Napp Technologies LLC
      • 14.3.11.1 Company Overview
      • 14.3.11.2 Product Portfolio
    • 14.3.12 Sigma-Aldrich Corporation
      • 14.3.12.1 Company Overview
      • 14.3.12.2 Product Portfolio
    • 14.3.13 Sumitomo Chemicals Co. Ltd.
      • 14.3.13.1 Company Overview
      • 14.3.13.2 Product Portfolio
      • 14.3.13.3 Financials
      • 14.3.13.4 SWOT Analysis
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