Veratrole Market – Global Industry Analysis and Forecast (2021-2027)


Global Veratrole Market was valued at US$ 2.91 Bn. in 2020 and it is expected to reach US$ 3.78 Bn. by 2027, at a CAGR of 3.8% during the forecast period.

Veratrole is also known as 2-Dimethoxybenzol, O,O-Dimethyl catechol, 1,2-dimethoxy-benzene, catechol dimethyl ether and pyrocatechol dimethyl ether. It has a Chemical Abstracts Service (CAS) number is 91-16-7 and molecular formula of C8H10O2.

Global Veratrole Market

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Global Veratrole Market Dynamics

The growth in the pharmaceutical industry globally and consumer awareness towards natural & healthy products is driving the market growth. In pharmaceutical industry veratrole is used for skin treatment for instance to treat acne also, it used as chemical intermediate and anti-dandruff agent for example in sunscreen cosmetic products, shampoo, organic compound and synthesis pharmaceutical.

It is majorly used in the synthesis of fungicide dimethomorph. Emerging economies, change in life style and consumer inclination towards premium range products has upsurge the market growth. Veratrole market has wide range of applications in agrochemicals applications to enhance crop and used as intermediates in active ingredient synthesis.

However, the market growth is restrain by increased competition by generic drugs and alternative for the chemicals that are used cosmetic and anti-dandruff agents.

Global Veratrole Market Segment Analysis

By application, the pharmaceutical segment is anticipated to grow with a CAGR of xx% during the forecast period. Extensive usages of veratrole in numerous chemicals for synthesis across the globe is driving the market growth. The pharmaceutical industry is expected to grow with a market share of xx% by 2027 this have created many lucrative opportunities for the pharmaceutical companies. As the veratrole is used for the manufacturing of personal skin care products and consumer rising demand for cosmetic products has made a positive impact on the market.

Global Veratrole Market Regional Insights:

The Asia pacific market is anticipated to be the fastest growing market with a CAGR of xx% during the forecast period.

In countries like India and China the rising government, FDI investment in pharmaceutical industry and consumer awareness towards health is driving the market growth. With the growing populations and consumers demand for anti-agent soaps, shampoos and skincare products have made a positive impact on the market growth.Agricultural industry in Asia pacific is expected to grow with a CAGR of xx% during the forecast period. To enhance the crop yield for fruits and vegetable, are anticipated to positively impact on the demand for veratrole market.

Europe is growth with a market share of xx% by 2021-2027

The market in Europe is expected to grow at a CAGR of xx% during the forecast period. Well established chemical and pharmaceutical industries in these region is anticipated to have a positive impact on the veratrole market. The total volume of medicinal products consumed globally is set to grow about xx% annually by 2021 and estimations point to a compound annual growth rate of xx% by 2022.Medicinal products are advancing at an astonishing rate this have created many lucrative opportunities for the key players operating in veratrole market.

The report covers the in-depth analysis of market key players with their market share, primary and secondary forecast data analysis to 2027.The rationals behind the Covid-19 impact on various regions are mentioned in the report.The report focuses on market drivers and restrain, forecasting of the veratrola market and concentrate on present opportunities in this sector. The global Veratrole market is growing in developing economies because of favorable government policies and market penetration of manufacturers, dealers, and suppliers of Veratrole market.

The objective of the report is to present a comprehensive analysis of the global Veratrole market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report.

External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding global Veratrole market dynamics, structure by analyzing the market segments and project global Veratrole market clear representation of competitive analysis of key players by price, financial position, by detection and equipment portfolio, growth strategies, and regional presence in the global Veratrole market make the report investor’s guide.

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Global Veratrole Market




Report Coverage
Details




Base Year:
2020
Forecast Period:
2021-2027




Historical Data:
2016 to 2020
Market Size in 2020:
US $ 2.91 Bn.




Forecast Period 2021 to 2027 CAGR:
3.8%
Market Size in 2027:
US $ 3.78 Bn.




 Segments Covered:
by Application
• Liquid
• Crystalline Solid




by End-Use
• Pharmaceutics
• Flavors & Fragrances
• Agrichemical
• Food additive
• Other






Global Veratrole Market, by Region

• Asia-Pacific
• North America
• Europe
• Middle East and Africa
• Latin America

Global Veratrole Market, Key Players

• Solvay
• Hangzhou Dayangchem Co.Ltd
• Hangzhou Meite Industry Co.,Limited
• Nanjing Tangtang Chemical Co., Ltd.
• CAMLIN FINE SCIENCES LIMITED
• SIMAGCHEM
• Toronto Research Chemicals 





Global Veratrole 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: Veratrole Market Size, by Market Value (US$ Mn)

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

5. Supply Side and Demand Side Indicators

6. Global Veratrole Market Analysis and Forecast
6.1. Veratrole 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 Veratrole Market Analysis and Forecast, By Application
7.1. Introduction and Definition
7.2. Key Findings
7.3. Veratrole Market Value Share Analysis, By Application
7.4. Veratrole Market Size (US$ Mn) Forecast, By Application
7.5. Veratrole Market Analysis, By Application
7.6. Veratrole Market Attractiveness Analysis, By Application

8. Global Veratrole Market Analysis and Forecast, By End-Use
8.1. Introduction and Definition
8.2. Key Findings
8.3. Veratrole Market Value Share Analysis, By End-Use
8.4. Veratrole Market Size (US$ Mn) Forecast, By End-Use
8.5. Veratrole Market Analysis, By End-Use
8.6. Veratrole Market Attractiveness Analysis, By End-Use

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

10. North America Veratrole Market Analysis
10.1. Key Findings
10.2. North America Veratrole Market Overview
10.3. North America Veratrole Market Value Share Analysis, By Application
10.4. North America Veratrole Market Forecast, By Application
10.4.1. Liquid
10.4.2. Crystalline Solid
10.5. North America Veratrole Market Value Share Analysis, By End-Use
10.6. North America Veratrole Market Forecast, By End-Use
10.6.1. Pharmaceutics
10.6.2. Flavors & Fragrances
10.6.3. Agrichemical
10.6.4. Food additive
10.6.5. Other
10.7. North America Veratrole Market Value Share Analysis, by Country
10.8. North America Veratrole Market Forecast, by Country
10.8.1. U.S.
10.8.2. Canada
10.8.3. Mexico
10.9. North America Veratrole Market Analysis, by Country
10.10. U.S. Veratrole Market Forecast, By Application
10.10.1. Liquid
10.10.2. Crystalline Solid
10.11. U.S. Veratrole Market Forecast, By End-Use
10.11.1. Pharmaceutics
10.11.2. Flavors & Fragrances
10.11.3. Agrichemical
10.11.4. Food additive
10.11.5. Other
10.12. Canada Veratrole Market Forecast, By Application
10.12.1. Liquid
10.12.2. Crystalline Solid
10.13. Canada Veratrole Market Forecast, By End-Use
10.13.1. Pharmaceutics
10.13.2. Flavors & Fragrances
10.13.3. Agrichemical
10.13.4. Food additive
10.13.5. Other
10.14. MexicoVeratrole Market Forecast, By Application
10.14.1. Liquid
10.14.2. Crystalline Solid
10.15. MexicoVeratrole Market Forecast, By End-Use
10.15.1. Pharmaceutics
10.15.2. Flavors & Fragrances
10.15.3. Agrichemical
10.15.4. Food additive
10.15.5. Other
10.16. North America Veratrole Market Attractiveness Analysis
10.16.1. By Application
10.16.2. By End-Use
10.17. PEST Analysis
10.18. Key Trends
10.19. Key Developments

11. Europe Veratrole Market Analysis
11.1. Key Findings
11.2. Europe Veratrole Market Overview
11.3. Europe Veratrole Market Value Share Analysis, By Application
11.4. Europe Veratrole Market Forecast, By Application
11.4.1. Liquid
11.4.2. Crystalline Solid
11.5. Europe Veratrole Market Value Share Analysis, By End-Use
11.6. Europe Veratrole Market Forecast, By End-Use
11.6.1. Pharmaceutics
11.6.2. Flavors & Fragrances
11.6.3. Agrichemical
11.6.4. Food additive
11.6.5. Other
11.7. Europe Veratrole Market Value Share Analysis, by Country
11.8. Europe Veratrole Market Forecast, by Country
11.8.1. Germany
11.8.2. U.K.
11.8.3. France
11.8.4. Italy
11.8.5. Spain
11.8.6. Sweden
11.8.7. CIS countries
11.8.8. Rest of Europe
11.9. Germany Veratrole Market Forecast, By Application
11.9.1. Liquid
11.9.2. Crystalline Solid
11.10. Germany Veratrole Market Forecast, By End-Use
11.10.1. Pharmaceutics
11.10.2. Flavors & Fragrances
11.10.3. Agrichemical
11.10.4. Food additive
11.10.5. Other
11.11. U.K. Veratrole Market Forecast, By Application
11.11.1. Liquid
11.11.2. Crystalline Solid
11.12. U.K. Veratrole Market Forecast, By End-Use
11.12.1. Pharmaceutics
11.12.2. Flavors & Fragrances
11.12.3. Agrichemical
11.12.4. Food additive
11.12.5. Other
11.13. France Veratrole Market Forecast, By Application
11.13.1. Liquid
11.13.2. Crystalline Solid
11.14. France Veratrole Market Forecast, By End-Use
11.14.1. Pharmaceutics
11.14.2. Flavors & Fragrances
11.14.3. Agrichemical
11.14.4. Food additive
11.14.5. Other
11.15. Italy Veratrole Market Forecast, By Application
11.15.1. Liquid
11.15.2. Crystalline Solid
11.16. Italy Veratrole Market Forecast, By End-Use
11.16.1. Pharmaceutics
11.16.2. Flavors & Fragrances
11.16.3. Agrichemical
11.16.4. Food additive
11.16.5. Other
11.17. Spain Veratrole Market Forecast, By Application
11.17.1. Liquid
11.17.2. Crystalline Solid
11.18. Spain Veratrole Market Forecast, By End-Use
11.18.1. Pharmaceutics
11.18.2. Flavors & Fragrances
11.18.3. Agrichemical
11.18.4. Food additive
11.18.5. Other
11.19. SwedenVeratrole Market Forecast, By Application
11.19.1. Liquid
11.19.2. Crystalline Solid
11.20. SwedenVeratrole Market Forecast, By End-Use
11.20.1. Pharmaceutics
11.20.2. Flavors & Fragrances
11.20.3. Agrichemical
11.20.4. Food additive
11.20.5. Other
11.21. CIS countriesVeratrole Market Forecast, By Application
11.21.1. Liquid
11.21.2. Crystalline Solid
11.22. CIS countriesVeratrole Market Forecast, By End-Use
11.22.1. Pharmaceutics
11.22.2. Flavors & Fragrances
11.22.3. Agrichemical
11.22.4. Food additive
11.22.5. Other
11.23. Rest of Europe Veratrole Market Forecast, By Application
11.23.1. Liquid
11.23.2. Crystalline Solid
11.24. Rest of Europe Veratrole Market Forecast, By End-Use
11.24.1. Pharmaceutics
11.24.2. Flavors & Fragrances
11.24.3. Agrichemical
11.24.4. Food additive
11.24.5. Other
11.25. Europe Veratrole Market Attractiveness Analysis
11.25.1. By End-Uses
11.25.2. By Application
11.26. PEST Analysis
11.27. Key Trends
11.28. Key Developments

12. Asia Pacific Veratrole Market Analysis
12.1. Key Findings
12.2. Asia Pacific Veratrole Market Overview
12.3. Asia Pacific Veratrole Market Value Share Analysis, By Application
12.4. Asia Pacific Veratrole Market Forecast, By Application
12.4.1. Liquid
12.4.2. Crystalline Solid
12.5. Asia Pacific Veratrole Market Value Share Analysis, By End-Use
12.6. Asia Pacific Veratrole Market Forecast, By End-Use
12.6.1. Pharmaceutics
12.6.2. Flavors & Fragrances
12.6.3. Agrichemical
12.6.4. Food additive
12.6.5. Other
12.7. Asia Pacific Veratrole Market Value Share Analysis, by Country
12.8. Asia Pacific Veratrole Market Forecast, by Country
12.8.1. China
12.8.2. India
12.8.3. Japan
12.8.4. South Korea
12.8.5. Australia
12.8.6. ASEAN
12.8.7. Rest of Asia Pacific
12.9. Asia Pacific Veratrole Market Analysis, by Country
12.10. China Veratrole Market Forecast, By Application
12.10.1. Liquid
12.10.2. Crystalline Solid
12.11. China Veratrole Market Forecast, By End-Use
12.11.1. Pharmaceutics
12.11.2. Flavors & Fragrances
12.11.3. Agrichemical
12.11.4. Food additive
12.11.5. Other
12.12. India Veratrole Market Forecast, By Application
12.12.1. Liquid
12.12.2. Crystalline Solid
12.13. India Veratrole Market Forecast, By End-Use
12.13.1. Pharmaceutics
12.13.2. Flavors & Fragrances
12.13.3. Agrichemical
12.13.4. Food additive
12.13.5. Other
12.14. Japan Veratrole Market Forecast, By Application
12.14.1. Liquid
12.14.2. Crystalline Solid
12.15. Japan Veratrole Market Forecast, By End-Use
12.15.1. Pharmaceutics
12.15.2. Flavors & Fragrances
12.15.3. Agrichemical
12.15.4. Food additive
12.15.5. Other
12.16. South Korea Veratrole Market Forecast, By Application
12.16.1. Liquid
12.16.2. Crystalline Solid
12.17. South KoreaVeratrole Market Forecast, By End-Use
12.17.1. Pharmaceutics
12.17.2. Flavors & Fragrances
12.17.3. Agrichemical
12.17.4. Food additive
12.17.5. Other
12.18. Australia Veratrole Market Forecast, By Application
12.18.1. Liquid
12.18.2. Crystalline Solid
12.19. AustraliaVeratrole Market Forecast, By End-Use
12.19.1. Pharmaceutics
12.19.2. Flavors & Fragrances
12.19.3. Agrichemical
12.19.4. Food additive
12.19.5. Other
12.20. ASEAN Veratrole Market Forecast, By Application
12.20.1. Liquid
12.20.2. Crystalline Solid
12.21. ASEANVeratrole Market Forecast, By End-Use
12.21.1. Pharmaceutics
12.21.2. Flavors & Fragrances
12.21.3. Agrichemical
12.21.4. Food additive
12.21.5. Other
12.22. Rest of Asia Pacific Veratrole Market Forecast, By Application
12.22.1. Liquid
12.22.2. Crystalline Solid
12.23. Rest of Asia Pacific Veratrole Market Forecast, By End-Use
12.23.1. Pharmaceutics
12.23.2. Flavors & Fragrances
12.23.3. Agrichemical
12.23.4. Food additive
12.23.5. Other
12.24. Asia Pacific Veratrole Market Attractiveness Analysis
12.24.1. By Application
12.24.2. By End-Use
12.25. PEST Analysis
12.26. Key Trends
12.27. Key Developments

13. Middle East & Africa Veratrole Market Analysis
13.1. Key Findings
13.2. Middle East & Africa Veratrole Market Overview
13.3. Middle East & Africa Veratrole Market Value Share Analysis, By Application
13.4. Middle East & Africa Veratrole Market Forecast, By Application
13.4.1. Liquid
13.4.2. Crystalline Solid
13.5. Middle East & Africa Veratrole Market Value Share Analysis, By End-Use
13.6. Middle East & Africa Veratrole Market Forecast, By End-Use
13.6.1. Pharmaceutics
13.6.2. Flavors & Fragrances
13.6.3. Agrichemical
13.6.4. Food additive
13.6.5. Other
13.7. Middle East & Africa Veratrole Market Value Share Analysis, by Country
13.8. Middle East & Africa Veratrole Market Forecast, by Country
13.8.1. GCC Countries
13.8.2. South Africa
13.8.3. Nigeria
13.8.4. Egypt
13.8.5. Rest of Middle East & Africa
13.9. Middle East & Africa Veratrole Market Analysis, by Country
13.10. GCC CountriesVeratrole Market Forecast, By Application
13.10.1. Liquid
13.10.2. Crystalline Solid
13.11. GCC CountriesVeratrole Market Forecast, By End-Use
13.11.1. Pharmaceutics
13.11.2. Flavors & Fragrances
13.11.3. Agrichemical
13.11.4. Food additive
13.11.5. Other
13.12. South Africa Veratrole Market Forecast, By Application
13.12.1. Liquid
13.12.2. Crystalline Solid
13.13. South Africa Veratrole Market Forecast, By End-Use
13.13.1. Pharmaceutics
13.13.2. Flavors & Fragrances
13.13.3. Agrichemical
13.13.4. Food additive
13.13.5. Other
13.14. Nigeria Veratrole Market Forecast, By Application
13.14.1. Liquid
13.14.2. Crystalline Solid
13.15. Nigeria Veratrole Market Forecast, By End-Use
13.15.1. Pharmaceutics
13.15.2. Flavors & Fragrances
13.15.3. Agrichemical
13.15.4. Food additive
13.15.5. Other
13.16. EgyptVeratrole Market Forecast, By Application
13.16.1. Liquid
13.16.2. Crystalline Solid
13.17. EgyptVeratrole Market Forecast, By End-Use
13.17.1. Pharmaceutics
13.17.2. Flavors & Fragrances
13.17.3. Agrichemical
13.17.4. Food additive
13.17.5. Other
13.18. Rest of Middle East & Africa Veratrole Market Forecast, By Application
13.18.1. Liquid
13.18.2. Crystalline Solid
13.19. Rest of Middle East & Africa Veratrole Market Forecast, By End-Use
13.19.1. Pharmaceutics
13.19.2. Flavors & Fragrances
13.19.3. Agrichemical
13.19.4. Food additive
13.19.5. Other
13.20. Middle East & Africa Veratrole Market Attractiveness Analysis
13.20.1. By Application
13.20.2. By End-Use
13.21. PEST Analysis
13.22. Key Trends
13.23. Key Developments

14. South America Veratrole Market Analysis
14.1. Key Findings
14.2. South America Veratrole Market Overview
14.3. South America Veratrole Market Value Share Analysis, By Application
14.4. South America Veratrole Market Forecast, By Application
14.4.1. Liquid
14.4.2. Crystalline Solid
14.5. South America Veratrole Market Value Share Analysis, By End-Use
14.6. South America Veratrole Market Forecast, By End-Use
14.6.1. Pharmaceutics
14.6.2. Flavors & Fragrances
14.6.3. Agrichemical
14.6.4. Food additive
14.6.5. Other
14.7. South America Veratrole Market Value Share Analysis, by Country
14.8. South America Veratrole Market Forecast, by Country
14.8.1. Brazil
14.8.2. Colombia
14.8.3. Argentina
14.8.4. Rest of South America
14.9. South America Veratrole Market Analysis, by Country
14.10. Brazil Veratrole Market Forecast, By Application
14.10.1. Liquid
14.10.2. Crystalline Solid
14.11. Brazil Veratrole Market Forecast, By End-Use
14.11.1. Pharmaceutics
14.11.2. Flavors & Fragrances
14.11.3. Agrichemical
14.11.4. Food additive
14.11.5. Other
14.12. ColombiaVeratrole Market Forecast, By Application
14.12.1. Liquid
14.12.2. Crystalline Solid
14.13. ColombiaVeratrole Market Forecast, By End-Use
14.13.1. Pharmaceutics
14.13.2. Flavors & Fragrances
14.13.3. Agrichemical
14.13.4. Food additive
14.13.5. Other
14.14. Argentina Veratrole Market Forecast, By Application
14.14.1. Liquid
14.14.2. Crystalline Solid
14.15. ArgentinaVeratrole Market Forecast, By End-Use
14.15.1. Pharmaceutics
14.15.2. Flavors & Fragrances
14.15.3. Agrichemical
14.15.4. Food additive
14.15.5. Other
14.16. Rest of South America Veratrole Market Forecast, By Application
14.16.1. Liquid
14.16.2. Crystalline Solid
14.17. Rest of South America Veratrole Market Forecast, By End-Use
14.17.1. Pharmaceutics
14.17.2. Flavors & Fragrances
14.17.3. Agrichemical
14.17.4. Food additive
14.17.5. Other
14.18. South America Veratrole Market Attractiveness Analysis
14.18.1. By Application
14.18.2. By End-Use
14.19. PEST Analysis
14.20. Key Trends
14.21. Key Developments

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 BackwardIntegration
15.3. Company Profiles: Key Players
15.3.1. Solvay
15.3.1.1. Company Overview
15.3.1.2. Financial Overview
15.3.1.3. Product Portfolio
15.3.1.4. Business Strategy
15.3.1.5. Recent Developments
15.3.1.6. Development Footprint
15.3.2. Hangzhou Dayangchem Co.Ltd
15.3.3. Hangzhou Meite Industry Co.,Limited
15.3.4. Nanjing Tangtang Chemical Co., Ltd.
15.3.5. CAMLIN FINE SCIENCES LIMITED
15.3.6. SIMAGCHEM
15.3.7. Toronto Research Chemicals
15.3.8. Other
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