Press release
Phloroglucinol Market: Competitive Dynamics & Global Outlook 2023
Phloroglucinol is an organic compound that is mainly used in pharmaceuticals. Its molecular formula is C3H6O3, with molecular weight of 126.11004 g/mol. Phloroglucinol can be used to relieve convulsions as bulk pharmaceutical and manufacture various pharmaceuticals as pharmaceutical chemical intermediates. In industry, phloroglucinol can be applied in aqueous adhesives and it also serve as a coupler in textiles dyeing.
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Global Phloroglucinol Market: Forecast by Type / Application / Region
China is the leading supplier of phloroglucinol. The production of Chinese manufacturers has occupied the vast majority of the market. There are 6 companies producing phloroglucinol with relatively large capacity.
The manufacturing technology of phloroglucinol is mature now. Process producing phloroglucinol from TNT is exiting the market gradually. Manufacturers may choose other processes to produce phloroglucinol. There are many processes to produce phloroglucinol now. As manufacturers also produce many other products, so when they choose process, they will take this into count.
Over the next five years, LPI(LP Information) projects that Phloroglucinol will register a 3.5% CAGR in terms of revenue, reach US$ 12 million by 2023, from US$ 10 million in 2017.
Global Phloroglucinol Market: Key Players
Wisdomchem
Henan Sunny Industry
Yinxin Chemical
Clent Chemical
Sunglong Biotech
Shouguang Fukang
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Related Information:
United States Phloroglucinol Market Research Report 2018
Europe Phloroglucinol Market Research Report 2018
North America Phloroglucinol Market Research Report 2018
Asia-Pacific Phloroglucinol Market Research Report 2018
China Phloroglucinol Market Research Report 2018
EMEA Phloroglucinol Market Research Report 2018
Global Phloroglucinol Market Research Report 2018
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