Press release
Resorcinol Formaldehyde Latex Market To Reach Valuation Of ~US$ 730 Mn By 2030
In terms of value, the global resorcinol formaldehyde latex market is anticipated to expand at a CAGR of 3% from 2020 to 2030 and cross value of ~US$ 730 Mn by 2030. Asia Pacific dominated the global resorcinol formaldehyde latex market in terms of volume in 2019. It is estimated to be the leading region of the global resorcinol formaldehyde latex market during the forecast period. Automotive manufacturers plan to expand their portfolio in Asia Pacific, thereby offering lucrative growth opportunities for the resorcinol formaldehyde latex market.
Report Overview - https://www.transparencymarketresearch.com/resorcinol-formaldehyde-latex-market.html
In July 2019, Bridgestone India invested US$ 47.45 Mn to expand its manufacturing plant in Indore, Madhya Pradesh, India. Currently, the production capacity of the facility stands at up to 20,000 tires a day. This is expected to boost the demand for resorcinol formaldehyde latex during the forecast period.
Request Brochure of Report -https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=76869
Resorcinol Formaldehyde Latex Market: Key Drivers and Restraints
Increase in usage of resorcinol formaldehyde latex in tires for various automotive applications is anticipated to boost the resorcinol formaldehyde latex market to during the forecast period. Various high tenacity fibers such as nylon, aramid, polyester have been developed to achieve higher strength reinforcements in tire applications. Thus, combination of adhesives with fibers helps lower the heat build-up and enhance fatigue resistance in tires. Resorcinol formaldehyde latex adhesives are chemically combined to make strong, heat resistant, highly flexible adhesives that are suited for rubber-to-fabric textile bonding.
The usage of resorcinol formaldehyde latex in the manufacture of conveyer belts has increased significantly in Qatar. In December 2016, Qatar Primary Materials Company (QPMC) launched the longest conveyor belt systems that measures up to 4.8 km at the Hamad Port. The launch and operation of the bulk material handling system is expected to bring various industrial, economic, and environmental benefits to major construction and infrastructure development projects in Qatar. This, in turn, is projected to propel the resorcinol formaldehyde latex market during the forecast period. Increase in regulations over the usage of formaldehyde and availability of substitutes are likely to hamper the resorcinol formaldehyde latex market during the forecast period. Formaldehyde-based adhesives are known to emit formaldehyde; as a result, they are considered carcinogenic. Alternatives such as THINK ECO adhesive for rubber reinforcing fiber are being used extensively, as these do not use resorcinol formaldehyde, but still achieve the same level of performance as conventional methods. Thus, implementation of stringent regulations over the usage of formaldehyde and availability of substitutes are expected to adversely affect the demand for resorcinol formaldehyde latex during the forecast period.
Request Special Discount on Report - https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=76869
Competition Landscape of Resorcinol Formaldehyde Latex Market
Major players operating in the global resorcinol formaldehyde latex market include Sumitomo Chemical Co., Ltd.; LANXESS; LGC Limited; Atul Ltd.; JIANGSU ZHONGDAN GROUP CO., LTD.; and Akrochem Corporation
Buy Now - https://www.transparencymarketresearch.com/checkout.php?rep_id=76869<ype=S
Contact Us:
Mr. Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com/
About Us:
Transparency Market Research is a global market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for several decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts so that it always reflects latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Resorcinol Formaldehyde Latex Market To Reach Valuation Of ~US$ 730 Mn By 2030 here
News-ID: 2567011 • Views: …
More Releases from Transparency Market Research
Acromegaly Treatment Market to Reach USD 3.1 Billion by 2035, Driven by Diagnost …
The global Acromegaly Treatment Market is experiencing a significant transformation as improved early diagnosis, innovative therapeutic formulations, and regulatory support converge to expand patient access and drive substantial growth. According to the latest industry analysis, the global market, valued at US$ 1.5 billion in 2024, is projected to reach US$ 3.1 billion by 2035, progressing at a CAGR of 6.7% from 2025 to 2035.
Gain a preview of important insights from…
Forensic Genomics Market Projected to Surge to USD 2.4 Billion by 2035 as NGS, A …
The global Forensic Genomics Market is undergoing a period of accelerated transformation and expansion as next-generation sequencing (NGS), advanced PCR workflows, and AI/ML-driven bioinformatics redefine the capabilities of modern forensic investigations. According to the latest industry analysis, the market-valued at US$ 0.5 billion in 2024-is projected to reach approximately US$ 2.4 billion by 2035, expanding at a compound annual growth rate (CAGR) of 14.5% between 2025 and 2035.
Access key findings…
Planetary Roller Screw Market to Reach USD 1.1 Billion by 2035 as Demand for Hig …
The global Planetary Roller Screw Market is poised for substantial expansion over the next decade, driven by rising demand for high-load, high-precision performance in harsh industrial environments, rapid technological advancements, and the ongoing global shift toward electrified and automated systems. According to the latest industry intelligence, the market-valued at US$ 610.0 Mn in 2024-is projected to reach US$ 1,105.0 Mn by 2035, advancing at a compound annual growth rate (CAGR)…
Chemical Absorbent Cotton Market Set to Reach USD 600.1 Million by 2035 Driven b …
The global Chemical Absorbent Cotton Market is entering a phase of sustained expansion, backed by rapid industrialization, strengthened environmental regulations, and growing adoption of biodegradable absorbent solutions across healthcare, chemical handling, automotive, and industrial safety applications. According to the latest industry analysis, the global market-valued at US$ 340.0 million in 2024-is projected to reach US$ 600.1 million by 2035, expanding at a CAGR of 5.4% from 2025 to 2035.
Access key…
More Releases for Resorcinol
Phenylethyl Resorcinol Smart Lipids for Skin Brightening
Understanding Phenylethyl Resorcinol
Phenylethyl Resorcinol, a synthetic and stable compound, stands out with its potent inhibition ability in tyrosinase bioactivities, a critical enzyme in melanin synthesis. It surpasses kojic acid in strength, safety, and stability, outperforms hydroquinone in safety, and is more effective than AHAs and vitamin C in addressing skin lightening and hyperpigmentation concerns.
Phenylethyl resorcinol, a potent skin-lightening agent [https://www.yrbeautyactives.com/newly-potent-skin-lightening-agent-phenylethyl-resorcinol-product/], is often chosen as a safe alternative to hydroquinone without…
Resorcinol Price Trend Report: A Comprehensive Analysis
Resorcinol, a versatile organic compound, has become essential across various industries due to its wide-ranging applications. From pharmaceuticals and cosmetics to rubber production and adhesives, this compound plays a critical role. Understanding its price trends is crucial for industries and investors who rely on it as a core raw material. This article delves into the factors that influence the resorcinol price trend, recent fluctuations, and what we can expect in…
Resorcinol Prices, Trends & Forecasts | Provided by Procurement Resource
In the first two quarters of 2023, Resorcinol prices faced diverse challenges across Asia, Europe, and North America. In Asia, factors such as high inventories, reduced manufacturing, and export rates, alongside Chinese government measures to combat economic downturn, led to a significant price decline. Europe witnessed an initial surge in Resorcinol prices driven by stable demand and supply shortages, but a subsequent fall was attributed to sliding demand, increased imports,…
Resorcinol Formaldehyde Latex Market Challenges, Analysis and Forecast 2031
𝐑𝐞𝐬𝐨𝐫𝐜𝐢𝐧𝐨𝐥 𝐅𝐨𝐫𝐦𝐚𝐥𝐝𝐞𝐡𝐲𝐝𝐞 𝐋𝐚𝐭𝐞𝐱 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐈𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧
In terms of value, the global resorcinol formaldehyde latex market is anticipated to expand at a CAGR of 3% from 2020 to 2030 and cross value of ~US$ 730 Mn by 2030. Asia Pacific dominated the global resorcinol formaldehyde latex market in terms of volume in 2019. It is estimated to be the leading region of the global resorcinol formaldehyde latex market during the forecast period.…
Global Resorcinol Market
Resorcinol is an organic compound with the formula C6H6O2. It is utilized as an effective chemical intermediate in introduction of organic compounds, diazo dyes, plasticizers and in pharmaceutical formulations. Resorcinol is also cured as UV absorber in resins. In medication, it plays a vivacious role as an antiseptic, ointment preparation and several skin disease treatments.
For more details @ https://www.kenresearch.com/metal-mining-and-chemicals/chemicals/global-resorcinol-market/493205-101.html
According to the report analysis, 'Global Resorcinol (1,3-Dihydroxy Benzene, CAS 108-46-3)…
Global Resorcinol Market 2018: How Will Perform in Future?
In this report, the global Resorcinol market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.
What Is Resorcinol?
Resorcinol works by breaking down rough, scaly, or hardened skin. Resorcinol also disinfects the skin to help fight infection.
Resorcinol topical (for the skin) is used to treat pain and itching caused…
