Press release
2-Methylresorcinol Market will reach 83 million US$ in 2023
2-Methylresorcinol is a slightly yellow crystalline powder. In cosmetics and personal care products, both Resorcinol and 2-Methylresorcinol are typically used in the formulation of hair dyes and colors. Resorcinol is also used in other hair and skin care products.
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Global 2-Methylresorcinol Market: Forecast by Type / Application / Region
The global consumption of 2-Methylresorcinol increases from 549.5 MT in 2013 to 690.4 MT in 2017, at a CAGR of more than 5.87%. In 2017, the global 2-Methylresorcinol consumption market is led by Europe and Europe is the largest region consumption market, accounting for about 33.81% of global consumption of 2-Methylresorcinol.
Methylresorcinol downstream is wide and recently 2-Methylresorcinol has acquired increasing significance in various fields of Cosmetics and Hair Dyes. Globally, the 2-Methylresorcinol market is mainly driven by growing demand for Hair Dyes. Hair Dyes accounts for nearly 80.14% of total downstream consumption of 2-Methylresorcinol in global.
The worldwide market for 2-Methylresorcinol is expected to grow at a CAGR of roughly 8.1% over the next five years, will reach 83 million US$ in 2023, from 52 million US$ in 2017, according to a new GIR (Global Info Research) study.
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VKG
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Related Information:
United States 2-Methylresorcinol Market 2018 Forecast to 2023
Europe 2-Methylresorcinol Market 2018 Forecast to 2023
North America 2-Methylresorcinol Market 2018 Forecast to 2023
Asia-Pacific 2-Methylresorcinol Market 2018 Forecast to 2023
China 2-Methylresorcinol Market 2018 Forecast to 2023
EMEA 2-Methylresorcinol Market 2018 Forecast to 2023
Global 2-Methylresorcinol Market 2018 Forecast to 2023
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