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Cresols Market to Remain Lucrative During 2016 - 2026<br />
Cresols Market: Introduction<br />
Cresols is an aromatic organic compound and obtained from coal tar or petroleum as a<br />
mixture of three stereoisomers i.e. Ortho Cresols, Meta Cresols and Para Cresols. It is<br />
generally referred as tricresol or cresolic acid and very toxic in nature. It is a strong dermal<br />
irritant and on inhalation by human, it may cause serious hazards such as dryness, nasal<br />
constriction, and throat irritation among others. However it is widely used for variety of<br />
applications such as disinfectants, antiseptics, preservative and agrochemicals among<br />
others.<br />
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Ortho, Meta and Para cresol are stereoisomers and commercially manufactured as phenol<br />
derivatives. There are two well-known manufacturing processes of cresol i.e. methylation<br />
of phenol using methanol and sulfonation of toluene, followed by hydrolysis. However<br />
manufacturing of cresol from toluene is industrially preferred route. It is appeared either as<br />
liquid or in solid form with sweet and phenolic odor. Cresol mixture is industrially preferred<br />
preservative, solvent, disinfectant and wood preservative. Meta cresol is for manufacturing<br />
of herbicides, insecticides, antioxidants, photographic chemicals and explosive. While para<br />
cresol is majorly used for manufacturing of antioxidants, dyes and fragrance chemicals.<br />
Ortho cresol has found great application as chemical intermediates, pharmaceutical<br />
intermediate, disinfectants and solvent.<br />
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Cresols Market: Market Dynamics<br />
Average price of cresol is subjected to change with geographies and does not follow<br />
volume to revenue ration in each individual geographies. Growing demand for specialty<br />
chemicals, pharmaceuticals intermediates and industrial lubricants is expected to drive
global consumption of cresols. The growing demand for antioxidants and preservatives is<br />
another accelerator for global market of cresols. Sustainability of the global cresols market<br />
is majorly depends on price and availability of raw materials. However alarming<br />
government regulations on use of cresols for certain applications such as in cosmetics and<br />
hair and dye products may restrain the overall consumption of cresols across the globe.<br />
Cresols Market: Segmentation<br />
On basis of product types, global cresols market can be segmented as follow as;<br />
Ortho Cresols<br />
Meta Cresols<br />
Para Cresols<br />
On basis of applications, global cresols market can be segmented as follow as;<br />
Solvents<br />
Chemical Intermediates<br />
Antioxidants<br />
Preservatives<br />
Other<br />
Dyes Manufacturing<br />
Fragrance Manufacturing<br />
Others<br />
On basis of geographies, global cresols market can be segmented as follow as;<br />
North America<br />
Latin America<br />
Western Europe<br />
Eastern Europe<br />
Asia Pacific Excluding Japan (APEJ)<br />
Japan<br />
Middle East and Africa (MEA)<br />
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Cresols Market: Regional Outlook<br />
Major consumers of cresols are China, U.S., Western Europe and Japan and collectively<br />
accounted for more than 60% of total world consumption in 2015. China is the largest<br />
market in Asia-Pacific followed by India in 2016, and is expected to grow rapidly in the<br />
near future. Owing to cresol’s value added applications such as solvent, disinfectant and<br />
preservative, it is expected that the consumption of cresol will grow steadily especially in<br />
China and India. This is primarily because of expansion of end-use industries such as<br />
rubber and plastics, pharmaceuticals, dyes and chemicals in Asia Pacific. U.S. and<br />
Western Europe are two leading consumer of cresolic acid and consumption of cresol by<br />
this two geographies is expected to grow steadily at a CAGR of 3.0% till 2020.<br />
Cresols Market: Key Players<br />
Some of the key players in the global cresols market are as follow as;<br />
Atul Limited<br />
Sasol Phenolics<br />
Mitsui Chemicals Inc.<br />
Dakota Gasification Company<br />
Nanjing Datang Chemical Co., Ltd.<br />
Saudi Basic Industries Corporation<br />
Sokolovská Uhelná, Právní Nástupce, a.s.<br />
Rütgers Chemicals GmbH<br />
C-Chem Co., Ltd.<br />
Lanxess AG<br />
The research report presents a comprehensive assessment of the market and contains<br />
thoughtful insights, facts, historical data, and statistically supported and industry-validated<br />
market data. It also contains projections using a suitable set of assumptions and<br />
methodologies. The research report provides analysis and information according to<br />
categories such as market segments, geographies, types and applications.
The report covers exhaustive analysis on:<br />
Market Segments<br />
Market Dynamics<br />
Market Size<br />
Supply & Demand<br />
Current Trends/Issues/Challenges<br />
Competition & Companies involved<br />
Value Chain<br />
Regional analysis includes:<br />
North America<br />
Latin America<br />
Asia Pacific<br />
Japan<br />
Western Europe<br />
Eastern Europe<br />
Middle East & Africa<br />
The report is a compilation of first-hand information, qualitative and quantitative<br />
assessment by industry analysts, inputs from industry experts, and industry participants<br />
across the value chain. The report provides an in-depth analysis of parent market trends,<br />
macroeconomic indicators and governing factors, along with market attractiveness within<br />
the segments. The report also maps the qualitative impact of various market factors on<br />
market segments and various geographies.<br />
Report highlights:<br />
Detailed overview of parent market<br />
Changing market dynamics in the industry<br />
In-depth market segmentation<br />
Historical, current and projected market size in terms of volume and value<br />
Recent industry trends and developments<br />
Competitive landscape<br />
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth<br />
A neutral perspective on market performance<br />
Must-have information for market players to sustain and enhance their market footprint<br />
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