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Catechol Market to Register Healthy Growth through 2027| Solvay, UBE Industries, Camlin Fine Sciences

08-10-2021 05:46 PM CET | Health & Medicine

Press release from: INFINITY BUSINESS INSIGHTS

Catechol is a poisonous chemical molecule with the molecular formula C6H4(OH)2. It is also known as pyrocatechol or 1,2-dihydroxybenzene. Of the three isomeric benzenediols, it is the ortho isomer. This colorless chemical is found in trace levels in nature. In 2020, the global Catechol market size was US$ 102.3 million and it is expected to reach US$ 153.4 million by the end of 2027, with a CAGR of 5.9% during 2021-2027.

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Top Key Players Included in Catechol Market Report: Solvay, UBE Industries, Camlin Fine Sciences, and Jiangsu Sanjili Chemical

In the global market, the Asia Pacific market has the biggest revenue share. Proton therapy demand is predicted to increase in Asia Pacific over the forecast period due to the rising prevalence and attractive reimbursement scenarios in the region. In addition, hospitals are increasing their investments in setting up centres, and patients in the region are becoming more aware of the technique's benefits, all of which are expected to contribute to the Asia Pacific market's growth in the near future.

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Catechol Market segment by Type:
Industrial Grade Catechol
Pharmaceutical Grade Catechol

Catechol Market segment by Application:
Carbofuran Phenol
Vanillin
Heliotropin
Other

In addition, the research looks at global corporations, including their development trends, industry prospects, investment intentions, and expert opinions. The market's development has been hampered by a change in the Catechol market. Several companies have alleged that a restriction in the supply of their products has harmed their sales, which is covered in the Report.

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