Catechol (CAS 120-80-9) market was valued at US$ 125.2 million in 2022 and is anticipated to reach US$ 162.6 million by 2029, witnessing a CAGR of 3.6% -Valuates reports

The global Catechol (CAS 120-80-9) market was valued at US$ 125.2 million in 2022 and is anticipated to reach US$ 162.6 million by 2029, witnessing a CAGR of 3.6% during the forecast period 2023-2029.

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Catechol (CAS 120-80-9) Market
Catechol also known as pyrocatechol or 1,2-dihydroxybenzene, is an organic compound with the molecular formula C6H4(OH)2. It is the ortho isomer of the three isomeric benzenediols. This colorless compound occurs naturally in trace amounts. It was first discovered by destructive distillation of the plant extract catechin.
Catechol comes in a white flaky powder, and is used as a pharmaceutical and agrochemical intermediate, is widely used as building block in Agrochemicals, Flavors, Fragrances and Pharmaceuticals.
The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global core catechol (CAS 120-80-9) manufacturers include Solvay, UBE Industries, Camlin Fine Sciences etc.The top 1 company hold a share about 60%.Asia-Pacific Europe are the largest market, both with a share about 37%.In terms of product, industrial grade catechol is the largest segment, with a share over 90%. And in terms of application, the largest application is vanillin, followed by carbofuran phenol.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Catechol (CAS 120-80-9), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Catechol (CAS 120-80-9).
The Catechol (CAS 120-80-9) market size, estimations, and forecasts are provided in terms of sales volume (MT) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Catechol (CAS 120-80-9) market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.

Segment by Type
-Industrial Grade Catechol
-Pharmaceutical Grade Catechol

Segment by Application
-Carbofuran Phenol
-Vanillin
-Heliotropin
-Other

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