Press release
Whats driving Cresols Market Growth? SasolPhenolics, Saudi Basic Industries Corporation (SABIC), Lanxess AG, Dakota Gasification Company, RüTGERS Group, Mitsui Chemicals, Inc., Atul Ltd., Nanjing Datang Chemical Co. Ltd, VDH Chemtech Pvt. Ltd., Ardisons O
Based on product type, cresols market is broadly categorized into meta-cresols, ortho-cresols or para-cresols. A mixture of these three isomers, also known as m-cresols, o-cresols and p-cresols, is known as pure cresols. A major application of cresols is as a synthetic intermediate or precursor to the development of myriad other materials and compounds, such as pesticides, pharmaceuticals, plastics, dyes and disinfectants, among others.Ortho-cresol is an organic compound formed from the combination of phenol and a functional methyl group. It is also known by another moniker, 2-methylphenol. While it does occur naturally, o-cresols are also produced artificially.
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Top Key Players
1. SasolPhenolics
2. Saudi Basic Industries Corporation (SABIC)
3. Lanxess AG
4. Dakota Gasification Company
5. RüTGERS Group
6. Mitsui Chemicals
7. Atul Ltd.
8. Nanjing Datang Chemical Co. Ltd
9. VDH Chemtech Pvt. Ltd.
10. Ardisons Oils & Electricals (P) Ltd.
11. Xiamen Hisunny Chemical Co. Ltd.
Growth driver
o Increasing vitamin E demand
Recent years have seen a significant rise in infectious disease outbreaks, as evidenced by the current coronavirus thread sweeping across the globe. Infectious diseases are among the leading causes of deaths in the world, especially in developing nations with more vulnerable demographics like small children and geriatric populations.
Most infectious diseases are caused by microorganisms such as viruses, fungi or bacteria, among others, which can be transmitted, either directly or indirectly through exposure to contaminated surfaces, or from person to person.
However, despite the alarming nature of these diseases, they can be controlled by following stringent regulations and activities, most importantly disinfection.
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With awareness regarding importance of hygiene and de-contamination rising across the world, the demand for efficient disinfectant products is surging as well. disinfectants, also known as biocides in some nations, are active preparations or substances that contain one or more active components. These are generally available to users in their final form, and are designed to stall the growth, destroy, prevent or control the actions of pathogens via chemical or biological processes.
Disinfection is usually carried out using various chemical compounds such as phenols and cresols, aldehydes, anilides, alcohols, chlorine-releasing agents, heavy metal derivatives and more.
O-cresol uses span the manufacturing process of several chemical compounds across various sectors including plastics, pharmaceuticals, agrochemicals, and other end-use industries.
The cresols market is likely to contribute significantly towards accommodating the rising disinfectant demand in recent years, owing to the product's significant role in the creation of various disinfectant products, especially those that are phenol or toluene based.
Among these, the most common o-cresol use is as a household cleaner, ingredient in chemical pesticides and as a disinfectant. A notable example of commercial o-cresol is the prominent cleaning product Lysol®, which was also sold as a feminine hygiene product in the early 20th century.
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Apart from its tremendous scope as a chemical intermediate, o-cresols are also known for their readily biodegradable quality. This makes them more sought-after by end-use industries that are involved in the production of eco-friendly and sustanable products, using biodegradable product like ortho-cresol.
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