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Catechol (CAS 120-80-9) Market : Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
and India Catechol (CAS 120-80-9) Market SizeThe global Catechol (CAS 120-80-9) revenue was US$ 125.2 million in 2022 and is forecast to a readjusted size of US$ 162.6 million by 2029 with a CAGR of 3.6% during the forecast period (2023-2029).
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and India 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.
In India, the Catechol (CAS 120-80-9) revenue is expected to grow from US$ million in 2022 to US$ million by 2029, at a CAGR of % during the forecast period (2023-2029).
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.
This report focuses on global and India Catechol (CAS 120-80-9) market, also covers the segmentation data of other regions in regional level and county level.
India is now the world's most populous country. According to IMF (its July update to its World Economic Outlook), India's GDP growth is projected at 6.1% in 2023, powered by domestic investment. First and foremost, the key factor in India's rapid economic growth is the huge supply and demand from a large population base. Demand and supply sides working in both directions to support India's economic stability.
India is a market full of opportunities, and the demand for Catechol (CAS 120-80-9) will continue to grow rapidly in the future.
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Segment by Type
• Industrial Grade Catechol
• Pharmaceutical Grade Catechol
Segment by Application
• Carbofuran Phenol
• Vanillin
• Heliotropin
• Other
By Company
Solvay, UBE Industries, Camlin Fine Sciences, Jiangsu Sanjili Chemical
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