Cresol Market- Global Industry analysis and Forecast (2024-2030)


Cresol Market was value US$ 762.79 Mn. in 2023 and is projected to reach US$ 970.48 Mn. by 2030 at a CAGR of 3.5%.

Cresol Market Dynamics

Increasing adoption of cresol derivatives as a raw material or reactant in the production of antioxidants in personal care and chemical intermediates are expected to drive product demand over the forecast period. Growing demand for efficient stabilizers in the chemical industry and pesticides production is expected to drive product demand over the forecast period. Stringent regulations regarding the adverse impact of a cresol manufacturing process and waste generated in the toluene based cresol production are toxic to the aquatic environment restrains the global cresol market.

The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.Cresol MarketTo know about the Research Methodology :- Request Free Sample Report

Cresol Market Segment Analysis

P-Cresol segment led in 2023` and is estimated to grow at a moderate CAGR of 3.0%. P-Cresol is largely consumed in the production of butylated hydroxytoluene, an antioxidant which is used in the food, cosmetics, and pharmaceuticals sector. M-Cresol acts as a chemical intermediate for the synthesis of resole that are used in brake and clutch linings. Anti-microbial characteristic of meta isomer has witnessed significant growth in antiseptic and disinfectant applications.

Cresols are majorly used in chemical intermediates in vitamin E production. Rising vitamin E consumption and its wide application array from human nutritional supplements, animal feed additives to antioxidant for polymers will drive industry growth. Owing to the chemical properties of its derivatives that are used as a reactant for vitamin E, fragrance, dyes, and pharmaceutical sectors. Application of m-cresol is increasing in the pharmaceuticals, food and beverage, and agrochemical segments due to its antimicrobial properties.

The Asia Pacific dominated the global cresol market. While Europe cresol market is estimated to gain a moderate growth on account of continued demand for aroma chemicals and pharmaceuticals. Growing product demand in the agrochemicals, vitamin E, and the electronics sector in the region. Presence of various manufacturing industries in China has played a dominant role in high market penetration for cresol derivatives in the region.

The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding cresol market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER's analysis, SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in the near future to an emerging segment in cresol market.

Cresol Market Scope:Inquire before buying






Cresol Market




Report Coverage
Details




Base Year:
2023
Forecast Period:
2024-2030




Historical Data:
2018 to 2023
Market Size in 2023:
US $ 762.79 Mn.




Forecast Period 2024 to 2030 CAGR:
3.5%
Market Size in 2030:
US $ 970.48 Mn.




 Segments Covered:
by Product
Meta-Cresol
Para-Cresol
Ortho-Cresol




by Application
Agrochemicals & Pesticides
Antioxidants
Fragrance
Specialty Resins
Dyes
Vitamin E






Cresol Market, by Region

North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)

 Cresol Market Key Players

1. Anhui Haihua Chemical Technology Co., Ltd.
2. Ardison Oils & Electricals(P) Ltd
3. Atul Ltd.
4. Dakota Gasification Company
5. Konan Chemical Manufacturing Co., Ltd.
6. Lanxess AG
7. Merisol Group of CompaniesMitsui Chemicals Inc.
8. Nanjing Datang Chemical Co., Ltd
9. Nanjing Long Yan Chemical o., Ltd.
10. RüTGERS Group
11. SABIC
12. Sasol Limited
13. Xiamen Hisunny Chemical Co., Ltd
14. VDH Chemtech Pvt. Ltd.
15. Eastman Chemical Company
16. Muby Chemicals Ltd.NOVA International
17. R.T. Vanderbilt Holding Company, Inc.

Frequently Asked Questions:

1. Which region has the largest share in Global Cresol Market?
Ans: Asia Pacific region held the highest share in 2023.

2. What is the growth rate of Global Cresol Market?
Ans: The Global Cresol Market is growing at a CAGR of 3.5% during forecasting period 2024-2030

3. What is scope of the Global Cresol Market report?
Ans: Global Cresol Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Cresol Market?
Ans: The important key players in the Global Cresol Market are – Anhui Haihua Chemical Technology Co., Ltd., Ardison Oils & Electricals(P) Ltd, Atul Ltd., Dakota Gasification Company, Konan Chemical Manufacturing Co., Ltd., Lanxess AG, Merisol Group of CompaniesMitsui Chemicals Inc., Nanjing Datang Chemical Co., Ltd, Nanjing Long Yan Chemical o., Ltd., RüTGERS Group, SABIC, Sasol Limited, Xiamen Hisunny Chemical Co., Ltd, VDH Chemtech Pvt. Ltd., Eastman Chemical Company, Muby Chemicals Ltd.NOVA International, R.T. Vanderbilt Holding Company, Inc., Xiangshui Fumei Chemical Co., Ltd, SI Group, Akrochem Corporation, Huntsman, and Kumho P&B Chemicals

5. What is the study period of this Market?
Ans: The Global Cresol Market is studied from 2023 to 2030 





Global Cresol Market

1. Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights
1.3. Research Objectives

2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary Sources

3. Executive Summary: Global Cresol Size, by Market Value (US$ Mn) and Market Volume (Units)

4. Market Overview
4.1. Introduction
4.2. Market Indicator
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Challenges
4.3. Porter’s Analysis
4.4. Value Chain Analysis
4.5. Market Risk Analysis
4.6. SWOT Analysis
4.7. Industry Trends and Emerging Technologies
4.8. Patent Registration

5. Supply Side and Demand Side Indicators

6. Global Cresol Market Analysis and Forecast
6.1. Global Cresol Market Size & Y-o-Y Growth Analysis
6.1.1. North America
6.1.2. Europe
6.1.3. Asia Pacific
6.1.4. Middle East & Africa
6.1.5. South America

7. Global Cresol Market Analysis and Forecast, by Product
7.1. Introduction and Definition
7.2. Key Findings
7.3. Global Cresol Market Value Share Analysis, by Product
7.4. Global Cresol Market Size (US$ Mn) Forecast, by Product
7.5. Global Cresol Market Analysis, by Product
7.6. Global Cresol Market Attractiveness Analysis, by Product

8. Global Cresol Market Analysis and Forecast, by Application
8.1. Introduction and Definition
8.2. Key Findings
8.3. Global Cresol Market Value Share Analysis, by Application
8.4. Global Cresol Market Size (US$ Mn) Forecast, by Application
8.5. Global Cresol Market Analysis, by Application
8.6. Global Cresol Market Attractiveness Analysis, by Application

9. Global Cresol Market Analysis, by Region
9.1. Global Cresol Market Value Share Analysis, by Region
9.2. Global Cresol Market Size (US$ Mn) Forecast, by Region
9.3. Global Cresol Market Attractiveness Analysis, by Region

10. North America Cresol Market Analysis
10.1. Key Findings
10.2. North America Cresol Market Overview
10.3. North America Cresol Market Value Share Analysis, by Product
10.4. North America Cresol Market Forecast, by Product
10.4.1. meta-Cresol
10.4.2. para-Cresol
10.4.3. ortho-Cresol
10.5. North America Cresol Market Value Share Analysis, by Application
10.6. North America Cresol Market Forecast, by Application
10.6.1. Agrochemicals & Pesticides
10.6.2. Antioxidants
10.6.3. Fragrance
10.6.4. Specialty Resins
10.6.5. Dyes
10.6.6. Vitamin E
10.6.7. Butylated Hydroxytoluene (BHT)
10.7. North America Cresol Market Value Share Analysis, by Country
10.8. North America Cresol Market Forecast, by Country
10.8.1. U.S.
10.8.2. Canada
10.9. North America Cresol Market Analysis, by Country
10.10. U.S. Cresol Market Forecast, by Product
10.10.1. meta-Cresol
10.10.2. para-Cresol
10.10.3. ortho-Cresol
10.11. U.S. Cresol Market Forecast, by Application
10.11.1. Agrochemicals & Pesticides
10.11.2. Antioxidants
10.11.3. Fragrance
10.11.4. Specialty Resins
10.11.5. Dyes
10.11.6. Vitamin E
10.11.7. Butylated Hydroxytoluene (BHT)
10.12. Canada Cresol Market Forecast, by Product
10.12.1. meta-Cresol
10.12.2. para-Cresol
10.12.3. ortho-Cresol
10.13. Canada Cresol Market Forecast, by Application
10.13.1. Agrochemicals & Pesticides
10.13.2. Antioxidants
10.13.3. Fragrance
10.13.4. Specialty Resins
10.13.5. Dyes
10.13.6. Vitamin E
10.13.7. Butylated Hydroxytoluene (BHT)
10.14. North America Cresol Market Attractiveness Analysis
10.14.1. By Product
10.14.2. By Application
10.15. PEST Analysis
10.16. Key Trends
10.17. Key Development

11. Europe Cresol Market Analysis
11.1. Key Findings
11.2. Europe Cresol Market Overview
11.3. Europe Cresol Market Value Share Analysis, by Product
11.4. Europe Cresol Market Forecast, by Product
11.4.1. meta-Cresol
11.4.2. para-Cresol
11.4.3. ortho-Cresol
11.5. Europe Cresol Market Value Share Analysis, by Application
11.6. Europe Cresol Market Forecast, by Application
11.6.1. Agrochemicals & Pesticides
11.6.2. Antioxidants
11.6.3. Fragrance
11.6.4. Specialty Resins
11.6.5. Dyes
11.6.6. Vitamin E
11.6.7. Butylated Hydroxytoluene (BHT)
11.6.8. Europe Cresol Market Value Share Analysis, by Country
11.7. Europe Cresol Market Forecast, by Country
11.7.1. Germany
11.7.2. U.K.
11.7.3. France
11.7.4. Italy
11.7.5. Spain
11.7.6. Rest of Europe
11.8. Europe Cresol Market Analysis, by Country
11.9. Germany Cresol Market Forecast, by Product
11.9.1. meta-Cresol
11.9.2. para-Cresol
11.9.3. ortho-Cresol
11.10. Germany Cresol Market Forecast, by Application
11.10.1. Agrochemicals & Pesticides
11.10.2. Antioxidants
11.10.3. Fragrance
11.10.4. Specialty Resins
11.10.5. Dyes
11.10.6. Vitamin E
11.10.7. Butylated Hydroxytoluene (BHT)
11.11. U.K. Cresol Market Forecast, by Product
11.11.1. meta-Cresol
11.11.2. para-Cresol
11.11.3. ortho-Cresol
11.12. U.K. Cresol Market Forecast, by Application
11.12.1. Agrochemicals & Pesticides
11.12.2. Antioxidants
11.12.3. Fragrance
11.12.4. Specialty Resins
11.12.5. Dyes
11.12.6. Vitamin E
11.12.7. Butylated Hydroxytoluene (BHT)
11.13. France Cresol Market Forecast, by Product
11.13.1. meta-Cresol
11.13.2. para-Cresol
11.13.3. ortho-Cresol
11.14. France Cresol Market Forecast, by Application
11.14.1. Agrochemicals & Pesticides
11.14.2. Antioxidants
11.14.3. Fragrance
11.14.4. Specialty Resins
11.14.5. Dyes
11.14.6. Vitamin E
11.14.7. Butylated Hydroxytoluene (BHT)
11.15. Italy Cresol Market Forecast, by Product
11.15.1. meta-Cresol
11.15.2. para-Cresol
11.15.3. ortho-Cresol
11.16. Italy Cresol Market Forecast, by Application
11.16.1. Agrochemicals & Pesticides
11.16.2. Antioxidants
11.16.3. Fragrance
11.16.4. Specialty Resins
11.16.5. Dyes
11.16.6. Vitamin E
11.16.7. Butylated Hydroxytoluene (BHT)
11.17. Spain Cresol Market Forecast, by Product
11.17.1. meta-Cresol
11.17.2. para-Cresol
11.17.3. ortho-Cresol
11.18. Spain Cresol Market Forecast, by Application
11.18.1. Agrochemicals & Pesticides
11.18.2. Antioxidants
11.18.3. Fragrance
11.18.4. Specialty Resins
11.18.5. Dyes
11.18.6. Vitamin E
11.18.7. Butylated Hydroxytoluene (BHT)
11.19. Rest of Europe Cresol Market Forecast, by Product
11.19.1. meta-Cresol
11.19.2. para-Cresol
11.19.3. ortho-Cresol
11.20. Rest of Europe Cresol Market Forecast, by Application
11.20.1. Agrochemicals & Pesticides
11.20.2. Antioxidants
11.20.3. Fragrance
11.20.4. Specialty Resins
11.20.5. Dyes
11.20.6. Vitamin E
11.20.7. Butylated Hydroxytoluene (BHT)
11.21. Europe Cresol Market Attractiveness Analysis
11.21.1. By Product
11.21.2. By Application
11.22. PEST Analysis
11.23. Key Trend
11.24. Key Development

12. Asia Pacific Cresol Market Analysis
12.1. Key Findings
12.2. Asia Pacific Cresol Market Overview
12.3. Asia Pacific Cresol Market Value Share Analysis, by Product
12.4. Asia Pacific Cresol Market Forecast, by Product
12.4.1. meta-Cresol
12.4.2. para-Cresol
12.4.3. ortho-Cresol
12.5. Asia Pacific Cresol Market Value Share Analysis, by Application
12.6. Asia Pacific Cresol Market Forecast, by Application
12.6.1. Agrochemicals & Pesticides
12.6.2. Antioxidants
12.6.3. Fragrance
12.6.4. Specialty Resins
12.6.5. Dyes
12.6.6. Vitamin E
12.6.7. Butylated Hydroxytoluene (BHT)
12.7. Asia Pacific Cresol Market Value Share Analysis, by Country
12.8. Asia Pacific Cresol Market Forecast, by Country
12.8.1. China
12.8.2. India
12.8.3. Japan
12.8.4. ASEAN
12.8.5. Rest of Asia Pacific
12.9. Asia Pacific Cresol Market Analysis, by Country
12.10. China Cresol Market Forecast, by Product
12.10.1. meta-Cresol
12.10.2. para-Cresol
12.10.3. ortho-Cresol
12.11. China Cresol Market Forecast, by Application
12.11.1. Agrochemicals & Pesticides
12.11.2. Antioxidants
12.11.3. Fragrance
12.11.4. Specialty Resins
12.11.5. Dyes
12.11.6. Vitamin E
12.11.7. Butylated Hydroxytoluene (BHT)
12.12. India Cresol Market Forecast, by Product
12.12.1. meta-Cresol
12.12.2. para-Cresol
12.12.3. ortho-Cresol
12.13. India Cresol Market Forecast, by Application
12.13.1. Agrochemicals & Pesticides
12.13.2. Antioxidants
12.13.3. Fragrance
12.13.4. Specialty Resins
12.13.5. Dyes
12.13.6. Vitamin E
12.13.7. Butylated Hydroxytoluene (BHT)
12.14. Japan Cresol Market Forecast, by Product
12.14.1. meta-Cresol
12.14.2. para-Cresol
12.14.3. ortho-Cresol
12.15. Japan Cresol Market Forecast, by Application
12.15.1. Agrochemicals & Pesticides
12.15.2. Antioxidants
12.15.3. Fragrance
12.15.4. Specialty Resins
12.15.5. Dyes
12.15.6. Vitamin E
12.15.7. Butylated Hydroxytoluene (BHT)
12.16. ASEAN Cresol Market Forecast, by Product
12.16.1. meta-Cresol
12.16.2. para-Cresol
12.16.3. ortho-Cresol
12.17. ASEAN Cresol Market Forecast, by Application
12.17.1. Agrochemicals & Pesticides
12.17.2. Antioxidants
12.17.3. Fragrance
12.17.4. Specialty Resins
12.17.5. Dyes
12.17.6. Vitamin E
12.17.7. Butylated Hydroxytoluene (BHT)
12.18. Rest of Asia Pacific Cresol Market Forecast, by Product
12.18.1. meta-Cresol
12.18.2. para-Cresol
12.18.3. ortho-Cresol
12.19. Rest of Asia Pacific Cresol Market Forecast, by Application
12.19.1. Agrochemicals & Pesticides
12.19.2. Antioxidants
12.19.3. Fragrance
12.19.4. Specialty Resins
12.19.5. Dyes
12.19.6. Vitamin E
12.19.7. Butylated Hydroxytoluene (BHT)
12.20. Asia Pacific Cresol Market Attractiveness Analysis
12.20.1. By Product
12.20.2. By Application
12.21. PEST Analysis
12.22. Key Trend
12.23. Key Development

13. Middle East & Africa Cresol Market Analysis
13.1. Key Findings
13.2. Middle East & Africa Cresol Market Overview
13.3. Middle East & Africa Cresol Market Value Share Analysis, by Product
13.4. Middle East & Africa Cresol Market Forecast, by Product
13.4.1. meta-Cresol
13.4.2. para-Cresol
13.4.3. ortho-Cresol
13.5. Middle East & Africa Cresol Market Value Share Analysis, by Application
13.6. Middle East & Africa Cresol Market Forecast, by Application
13.6.1. Food
13.6.2. Medical
13.6.3. Cosmetics
13.7. Middle East & Africa Cresol Market Value Share Analysis, by Country
13.8. Middle East & Africa Cresol Market Forecast, by Country
13.8.1. GCC
13.8.2. South Africa
13.8.3. Rest of Middle East & Africa
13.9. Middle East & Africa Cresol Market Analysis, by Country
13.10. GCC Cresol Market Forecast, by Product
13.10.1. meta-Cresol
13.10.2. para-Cresol
13.10.3. ortho-Cresol
13.11. GCC Cresol Market Forecast, by Application
13.11.1. Agrochemicals & Pesticides
13.11.2. Antioxidants
13.11.3. Fragrance
13.11.4. Specialty Resins
13.11.5. Dyes
13.11.6. Vitamin E
13.11.7. Butylated Hydroxytoluene (BHT)
13.12. South Africa Cresol Market Forecast, by Product
13.12.1. meta-Cresol
13.12.2. para-Cresol
13.12.3. ortho-Cresol
13.13. South Africa Cresol Market Forecast, by Application
13.13.1. Agrochemicals & Pesticides
13.13.2. Antioxidants
13.13.3. Fragrance
13.13.4. Specialty Resins
13.13.5. Dyes
13.13.6. Vitamin E
13.13.7. Butylated Hydroxytoluene (BHT)
13.14. Rest of Middle East & Africa Cresol Market Forecast, by Product
13.14.1. meta-Cresol
13.14.2. para-Cresol
13.14.3. ortho-Cresol
13.15. Rest of Middle East & Africa Cresol Market Forecast, by Application
13.15.1. Agrochemicals & Pesticides
13.15.2. Antioxidants
13.15.3. Fragrance
13.15.4. Specialty Resins
13.15.5. Dyes
13.15.6. Vitamin E
13.15.7. Butylated Hydroxytoluene (BHT)
13.16. Middle East & Africa Cresol Market Attractiveness Analysis
13.16.1. By Product
13.16.2. By Application
13.17. PEST Analysis
13.18. Key Trend
13.19. Key Development

14. South America Cresol Market Analysis
14.1. Key Findings
14.2. South America Cresol Market Overview
14.3. South America Cresol Market Value Share Analysis, by Product
14.4. South America Cresol Market Forecast, by Product
14.4.1. meta-Cresol
14.4.2. para-Cresol
14.4.3. ortho-Cresol
14.5. South America Cresol Market Value Share Analysis, by Application
14.6. South America Cresol Market Forecast, by Application
14.6.1. Agrochemicals & Pesticides
14.6.2. Antioxidants
14.6.3. Fragrance
14.6.4. Specialty Resins
14.6.5. Dyes
14.6.6. Vitamin E
14.6.7. Butylated Hydroxytoluene (BHT)
14.7. South America Cresol Market Value Share Analysis, by Country
14.8. South America Cresol Market Forecast, by Country
14.8.1. Brazil
14.8.2. Mexico
14.8.3. Rest of South America
14.9. Brazil Cresol Market Forecast, by Product
14.9.1. meta-Cresol
14.9.2. para-Cresol
14.9.3. ortho-Cresol
14.10. Brazil Cresol Market Forecast, by Application
14.10.1. Agrochemicals & Pesticides
14.10.2. Antioxidants
14.10.3. Fragrance
14.10.4. Specialty Resins
14.10.5. Dyes
14.10.6. Vitamin E
14.10.7. Butylated Hydroxytoluene (BHT)
14.11. Mexico Cresol Market Forecast, by Product
14.11.1. meta-Cresol
14.11.2. para-Cresol
14.11.3. ortho-Cresol
14.12. Mexico Cresol Market Forecast, by Application
14.12.1. Agrochemicals & Pesticides
14.12.2. Antioxidants
14.12.3. Fragrance
14.12.4. Specialty Resins
14.12.5. Dyes
14.12.6. Vitamin E
14.12.7. Butylated Hydroxytoluene (BHT)
14.13. Rest of South America Cresol Market Forecast, by Product
14.13.1. meta-Cresol
14.13.2. para-Cresol
14.13.3. ortho-Cresol
14.14. Rest of South America Cresol Market Forecast, by Application
14.14.1. Agrochemicals & Pesticides
14.14.2. Antioxidants
14.14.3. Fragrance
14.14.4. Specialty Resins
14.14.5. Dyes
14.14.6. Vitamin E
14.14.7. Butylated Hydroxytoluene (BHT)
14.15. South America Cresol Market Attractiveness Analysis
14.15.1. By Product
14.15.2. By Application
14.16. PEST Analysis
14.17. Key Trend
14.18. Key Development

15. Company Profiles
15.1. Market Share Analysis, by Company
15.2. Competition Matrix
15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment
15.2.2. New Product Launches and Product Enhancements
15.2.3. Market Consolidation
15.2.3.1. M&A by Regions, Investment and Applications
15.2.3.2. M&A Key Players, Forward Integration and Backward
Integration
15.3. Company Profiles: Key Players
15.4. Anhui Haihua Chemical Technology Co., Ltd.
15.4.1. Company Overview
15.4.2. Financial Overview
15.4.3. Product Portfolio
15.4.4. Business Strategy
15.4.5. Recent Developments
15.4.6. Manufacturing Footprint
15.5. Ardison Oils & Electricals(P) Ltd
15.6. Atul Ltd.
15.7. Dakota Gasification Company
15.8. Konan Chemical Manufacturing Co., Ltd.
15.9. Lanxess AG
15.10. Merisol Group of CompaniesMitsui Chemicals Inc.
15.11. Nanjing Datang Chemical Co., Ltd
15.12. Nanjing Long Yan Chemical o., Ltd.
15.13. RüTGERS Group
15.14. SABIC
15.15. Sasol Limited
15.16. Xiamen Hisunny Chemical Co., Ltd
15.17. VDH Chemtech Pvt. Ltd.
15.18. Eastman Chemical Company
15.19. Muby Chemicals Ltd.NOVA International
15.20. R.T. Vanderbilt Holding Company, Inc.
15.21. Xiangshui Fumei Chemical Co., Ltd
15.22. SI Group
15.23. Akrochem Corporation
15.24. Huntsman
15.25. Kumho P&B Chemicals

16. Primary Key Insights
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