Dallas, Texas (PRWEB) July 31, 2015
Global Resorcinol Market 2015-2019 is a comprehensive market research report, offering competitive market analysis and premium industry insights on the global resorcinol industry. The report highlights the various growth prospects and the prevalent market challenges, based on a collective study of vivid market scenarios and analysis of primary and secondary inputs from the existing players of the resorcinol market. According to the report forecast, the global resorcinol market is estimated to grow at a CAGR of 6.82% within the period 2014-2019.
The complete report spread across 72 pages and provides 27 List of Exhibits. Browse the report on Resorcinol Market at http://www.reportsnreports.com/reports/405128-global-resorcinol-market-2015-2019.html .
Resorcinol, also known as m-dihydroxy benzene, is a white crystalline compound derived upon melting the aromatic resins with potassium hydroxide. Argan oil and Brazilwood extracts are amongst the few natural sources of resorcinol. The resorcinol is widely used as a disinfectant and antiseptic. The newly introduced usage of resorcinol in cosmetic products and value added paints is also likely to enhance the growth prospects of the global resorcinol industry over the forecast period.
The initial sections of the Global Resorcinol Market 2015-2019 are dedicated to a detailed introduction to the resorcinol industry, explaining the market research methodology, market research process and entire market landscape of the global resorcinol industry. Then, the report explores the market size and forecast based on a five forces analysis of the global resorcinol industry, followed by an in-depth segmentation of the market based on: application of resorcinol, production process, and geographical segmentation of the key business regions.
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Resorcinol is effective in treating skin ailments because of its antibacterial properties. Resorcinol is increasingly being used as an anti-acne and anti-pigmentation agent. The chemical is increasingly being evaluated for use in a wide range of cosmetic and pharmaceutical products. It is a skin-friendly agent, when used in minute concentrations. With growing awareness of the harmful effects of UV radiation, there has been an increase in demand for UV protecting cosmetic products. It is estimated that almost one in every five women above the age of 50 is likely to suffer from pigmentation disorders because of increased production of melanin. Resorcinol, a UV screening agent, prevents the amino acid tyrosine in melanin from being converted, and therefore inhibits melanin production. As a result of all these factors, an increased use in cosmetic and pharmaceutical applications is expected during the forecast period.
The key players in the Global Resorcinol Market: Akro Chem, Alfa Aesar, Atul, Indspec, Mitsui and Sumitomo
Other Prominent Vendors in the market are: Deepak Nitrite, Euram Chemicals, GFS Chemicals, Haihang Industries, Jiangsu and Parchem
Further, the report states the key-aspects of the global resorcinol industry by highlighting the market drivers, current challenges being faced by the existing industry players and the current market trends. These are a few examples of each, further explained meticulously in the research report:
Market Drivers: The newly introduced usage of resorcinol in cosmetics and value added paints are estimated to positively influence the growth rate in the global resorcinol industry
Market Challenges: The constantly rising prices of phenol resins and restricted trade treaties and complex duties of many nations and limit the product availability in many geographies
Market Trends: Emergence of bio-adhesives as new end-users of the industry
Growing preference toward value added paint products worldwide results in increased demand for resorcinol. A wide range of paint and coating products are being launched in the market with various values added properties such as uv resistance and flame resistance. Resorcinol is widely used as a UV stabilizer and flame retardant, in the manufacture of paints, coatings, and dyes. The demand growth rate of value added paints and coating products is likely to be twice that of commodity paints over the next five years and will primarily be driven by the automotive, shipping, and construction industries.
Lastly, the report reviews the company profile of the key-vendors of the global resorcinol industry by analyzing their key facts and business overview followed by a strategical swot analysis of each vendor. The conclusion of the report precisely comments on all the key findings of the research survey, along with sharing crucial business forecast of the global resorcinol industry.
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