Resorcinol Market 2020-2025 is flourishing tangential growth at a CAGR with Key Players Sumitomo Chemical, Aldon Corporation, AminoChem, Dynea

The Resorcinol market 2020 report analyses global acceptance of trends, future growth potential, key drivers, limitations, opportunities, and best practices that are taken place in market. The report also examines growth potential, market sizes and revenue forecasts (2020-2024)across different regions as well as industry verticals.

Global Resorcinol Market Overview:

The report provides actionable insights to improve source-to-contract cycle performance in the Global Resorcinol Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.

Resorcinol is mainly used as a vital element, along with synthetic rubber latex and formaldehyde, of the adhesive system employed by the rubber industry for industrial tyres for trucks, traveller vehicles, off-road equipment and other fibre reinforced mechanical materials containing conveyor belts among other. Resorcinol is also used for high performance wood binding uses through resorcinol resins fortified with formaldehyde. These wood binding applications require high quality adhesive formulation that can survive extreme heat and moisture conditions. Resorcinol is an important chemical intermediate for production of specialty chemicals hired as screening agents against UV light in plastics. Some other applications include manufacture of dyestuffs, agricultural chemicals, flame retardants, fungicides, pharmaceuticals, explosive primers, creams and lotions among others.

Resorcinol market is lashed by its demand for developed tyres from the automotive industry and wood binding adhesive applications. Demand growth is predictable to be boost by the rise of end use industries of resorcinol products containing, automotive, construction, rubber, chemicals, pharmaceuticals and personal care industries. Resorcinol demand for making of flame retardants is probable to see high growth in the near future. However, dangerous nature of the product and high disposal costs might confine market growth. New applications in individual care and pharmaceutical products can be a prospective market opportunity for further demand growth.

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Market Key Players

The global Resorcinol market is marked by some strong competition from the major players operating in this industry. Many merger and acquisition, joint venture and partnership agreement, product innovation, research and development and geographical extension are some of the key strategies adopted by this player to ensure long term sustenance in these market key participants in the global Resorcinol industry include.

INDSPEC Chemical Corporation (U.S.)

Sumitomo Chemical Co. (Japan)

Aldon Corporation

AminoChem

Atul Ltd….more

Segmentations

The Resorcinol market has been sub-grouped into type and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.

Product Type Segmentation

Lower than 99%

99% and the above

Industry Segmentation

Rubber products

Wood adhesives

UV stabilizers

Flame retardants

Regional Segmentation

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)


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Global Industry News:

Sumitomo Chemical Co. : Jun. 18, 2020 Sumitomo Chemical's new resin heat storage material, HEATORAGE®, was adopted in a sheet-type phase change material of a building materials manufacturer

This is to announce that HEATORAGE®, a resin heat storage material developed by Sumitomo Chemical Co., Ltd., has been adopted in a sheet-type phase change material (PCM) launched by a building materials manufacturer. This is the first time that any product that uses HEATORAGE® is being sold and deployed in a society.

HEATORAGE® is a resin designed to absorb or release the latent heat at a specified temperature range from 20°C to 50°C, using phase change*, and it can be easily molded by extrusion, injection, and spinning. As its solid form can be maintained within a specified storage temperature range even after being molded, HEATORAGE® does not have to be placed and sealed in containers (in the form of aluminum packs, plastic containers, or capsules) to avoid leakage at the time of liquefaction after heat storage, as would otherwise be the case of conventional low molecular heat storage materials. This allows a high degree of freedom in processing, including cutting and nailing of molded heat storage materials.

The use of PCM is generally limited to the winter season. Meanwhile, issues we have in summer are that, since the daytime temperature of the rooftop surface is considerably higher than the outdoor air temperature, it leads to a rise in room temperature, and that, once the heat enters a room, it tends to stay there during the night. In recent years, the building materials field saw a growing demand for energy saving and increased comfort in houses. Against this backdrop, Sumitomo Chemical and the building materials manufacturer have examined ways to use HEATORAGE® as a material to overcome the lack of heat insulation ability of roofs in summer, one of the weak points of Japanese houses. As a result, the companies have discovered that sandwiching PCM between plastic foam insulation materials (roofing materials) can dramatically reduce indoor penetration of heat at the peak time of summer solar radiation, lessen the cooling load of air conditioning, and save energy throughout the day. This discovery led to the adoption of HEATORAGE® in a PCM product.

Key Points Covered :

This research study inspects the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-complexity information regarding the development, trends, and industry policies and guidelines implemented in each of the geographical regions. Further, the overall directing framework of the market has been thoroughly covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.

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Major Points in Table of Contents:

Section 1 Resorcinol Product Definition

Section 2 Global Resorcinol Market Manufacturer Share and Market Overview

2.1 Global Manufacturer Resorcinol Shipments

2.2 Global Manufacturer Resorcinol Business Revenue

2.3 Global Resorcinol Market Overview

2.4 COVID-19 Impact on Resorcinol Industry

Section 3 Manufacturer Resorcinol Business Introduction

3.1 INDSPEC Chemical Corporation (U.S.) Resorcinol Business Introduction

3.1.1 INDSPEC Chemical Corporation (U.S.) Resorcinol Shipments, Price, Revenue and Gross profit 2015-2020

3.1.2 INDSPEC Chemical Corporation (U.S.) Resorcinol Business Distribution by Region

3.1.3 INDSPEC Chemical Corporation (U.S.) Interview Record

3.1.4 INDSPEC Chemical Corporation (U.S.) Resorcinol Business Profile

3.1.5 INDSPEC Chemical Corporation (U.S.) Resorcinol Product Specification

3.2 Sumitomo Chemical Co. (Japan) Resorcinol Business Introduction

3.2.1 Sumitomo Chemical Co. (Japan) Resorcinol Shipments, Price, Revenue and Gross profit 2015-2020

3.2.2 Sumitomo Chemical Co. (Japan) Resorcinol Business Distribution by Region

3.2.3 Interview Record

3.2.4 Sumitomo Chemical Co. (Japan) Resorcinol Business Overview

3.2.5 Sumitomo Chemical Co. (Japan) Resorcinol Product Specification

3.3 Aldon Corporation Resorcinol Business Introduction

3.3.1 Aldon Corporation Resorcinol Shipments, Price, Revenue and Gross profit 2015-2020

3.3.2 Aldon Corporation Resorcinol Business Distribution by Region

3.3.3 Interview Record

3.3.4 Aldon Corporation Resorcinol Business Overview

3.3.5 Aldon Corporation Resorcinol Product Specification

3.4 AminoChem Resorcinol Business Introduction

3.5 Atul Ltd Resorcinol Business Introduction

3.6 Deepak Nitrite Ltd Resorcinol Business Introduction ………………. Request free sample to get a complete Table of Content

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