Press release
Cresol Market To Demonstrate Substantial Growth, Owing To Rising Consumer Concerns Regarding Healthy Diet Intake Till 2024: Grand View Research, Inc.
The ability of vitamin E to minimize risks associated with heart attack, chest pain, and joint pain is anticipated to steer cresols demand over the forecast period. Vitamin E is majorly used as an antioxidant to prevent clotting and blood sugar problems. BHT is another important antioxidant derived from cresol isomers that find significance in the food, cosmetics, and chemical industries.
Ortho isomer derivatives are majorly used in agrochemical and pesticide industries. Agrochemical segment accounted for over 27% of global ortho-cresol market volume in 2015. Growing concern towards crop protection and pest control is expected to drive product demand in agrochemical industry.
Growing concern towards food shortage can be attributed to the lack of synergy between crop production and surging food demand in various regions of Asia Pacific and Europe. The ability of ortho and meta isomer derivatives to enhance the performance of pesticides is anticipated to drive product demand as plant growth regulators over the long term.
Browse full research report on Global Cresol Market: http://www.grandviewresearch.com/industry-analysis/cresol-market
Further key findings from the report suggest:
• The global cresol market demand was 137.5 kilo tons in 2015 and is estimated to reach 187.1 kilo tons by 2024, growing at a CAGR of 3.5% from 2016 to 2024
• para-Cresol emerged as the leading product segment and accounted for 39.1% of total revenue in 2014. The segment is estimated to reach a net worth exceeding USD 300 million by 2024.
• Global meta isomer & derivatives demand in electronic applications is expected to witness the fastest growth over the forecast period. The segment is anticipated to reach a total demand of 4.3 kilo tons by 2024.
• Asia Pacific was the leading reagional market with demand share estimated at 42.9% in 2015. The region is also expected to witness the highest growth of 4.0% over the forecast period.
• Key players operating in the industry include Sasol, Lanxess, SABIC, and Mitsui Chemical that have integrated the production of raw material, cresol isomers, and their derivatives. Other major industry participants include Atul Ltd., Datang Chemical, VDH Chemtech, Xiamen HiSunny, and Konan Chemical.
Read detailed report or request for sample of this research report:
http://www.grandviewresearch.com/industry-analysis/cresol-market/request
Grand View Research has segmented the cresol market on the basis of product, and region:
Global Cresol Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)
• m-Cresol
o By application
o Agrochemicals & pesticides
o Vitamin E
o Chemical intermediate
o Electronics
o Others
• p-Cresol
o By application
o Butylated hydroxytoluene
o Antioxidant
o Fragrance
o Specialty resin
o Others
• o-Cresol
o By application
o Agrochemicals & pesticides
o Antioxidant
o Dyes
o Electronics
o Others
Global Cresol Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)
• North America
o U.S.
• Europe
o France
o Germany
o UK
• Asia Pacific
o China
o India
• Middle East & Africa
• Central & South America
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
Press Contact
Sherry James - Corporate Relations Specialist
28 2nd Street, Suite 3036
San Francisco, CA 94105
United States
Phone: 1-415-349-0058
Email: sales@grandviewresearch.com
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 Cresol Market To Demonstrate Substantial Growth, Owing To Rising Consumer Concerns Regarding Healthy Diet Intake Till 2024: Grand View Research, Inc. here
News-ID: 351630 • Views: …
More Releases from Grand View Research, Inc.
Generative AI Market Size, Share, And Industry Outlook Report, 2030
Generative AI Market Growth & Trends
The global generative AI market size is anticipated to reach USD 109.37 billion by 2030, according to a new report by Grand View Research, Inc., registering a CAGR of 37.6% from 2025 to 2030. Growing demand to modernize workflow across industries is expected to drive the demand for generative AI applications among industries. Other factors that propel the market growth include the evolution of AI…
Maternal Mental Health Market To Reach $45.72 Billion By 2030 | Therapy Mama, Ca …
The global maternal mental health market size is expected to reach USD 45.72 billion by 2030, growing at a CAGR of 28.43%, according to a new report by Grand View Research, Inc. Maternal mental health issues are a global concern that affects women of various countries and cultures. It refers to the emotional well-being of women during the pregnancy and postpartum period. The market is driven by the increasing incidence…
Downstream Processing Market Size, Share & Trends Analysis Report, 2030
The global downstream processing market size is expected to reach USD 94.79 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 14.84% from 2023 to 2030. The capacity requirements during the development of biologic drugs have changed over the past few years, wherein the demand for manufacturing high-volume products has shifted to developing small-volume, high-potency…
Electric Mobility Industry: E- Light Commercial Vehicle Thereby Contributing To …
The global electric mobility industry size stood at USD 101.67 billion in 2022 and will exhibit a CAGR of 19.9% from 2023 to 2030, according to the "Electric Mobility Industry Data Book, 2023 - 2030," published by Grand View Research. The growth comes on the back of an exponential rise in smart cities and a gradual uptick in charging infrastructure. Further, the strong outlook of electric mobility will rely on the launch…
More Releases for Cresol
Para Cresol Market to See Massive Growth by 2028
The Para Cresol market is expected to hit $ 476.7 million by 2028, at a CAGR of 4% from 2022 to 2028.Para Cresol is an organic compound and derivative of phenol, widely used in the production of other chemicals. It is produced through two processes: sulfonation of toluene and chlorination of toluene. Paracresol is widely used in the production of antioxidants, such as butylated hydroxitoluene. In addition,it is used in…
Global Cresol Market - Revenue and Growth Rate 2027
Cresols (also hydroxytoluene) are organic compounds which are methylphenols. In its chemical structure, a molecule of cresol has a methyl group replaced onto the ring of phenol. There are three forms (isomers) of cresol: ortho-cresol (o-cresol), meta-cresol (m-cresol), and para-cresol (p-cresol). Cresols are forerunners or synthetic intermediates to other compounds and materials, comprising plastics, pesticides, pharmaceuticals, and dyes.
According to the report analysis, ‘Global Cresol Market, 2021-2027’ states that Anhui…
Cresol Market Brief Analysis and Application, Growth by 2026
Cresol Market Trends, Size, Shares, Growth, Top Companies, Development, Application, Importance, Overview with Detailed Analysis, Production, Supply, Revenue, Regional Outlook, Status, Competitive Landscape, Future Forecast, Type and End-User, Opportunity, Demand, Historical Data, Business Insights, Research Methodology and many more...
Cresol research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment,…
M-Cresol Market Size, Share, Development by 2024
Global Info Research offers a latest published report on M-Cresol Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global M-Cresol players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the M-Cresol with respect to individual growth trends, future prospects,…
Significant Growth Foreseen by Para Cresol Market
Para cresol is an organic compound and a derivative of phenol that is widely used in the production of other chemicals. It is produced through two process: sulfonation of toluene and chlorination of toluene. Para cresol is widely used in the production of antioxidants such as butylated hydroxy toluene (BHT), anisaldehyde, and other intermediates. In addition, it is used in various other applications such as odor agents, paints & coatings,…
Global Cresol Market - Sasol, Lanxess, Atul, NSCC, VDH Chem Tech
Global Cresol market Report offers decisive insights into the overall Cresol industry along with the market dimensions and evaluation for the duration 2017 to 2022. The forenamed research study covers extensive analysis of various Cresol industry segments based on the type of applications, type of product Components and services, and different geographical regions.
Cresols (also hydroxytoluene) are organic compounds which are methylphenols. In its chemical structure, a molecule of cresol…
