The global Cresylic Acid market was valued at US$ 621.2 million in 2019 and it is expected to reach US$ 831.2 million by the end of 2026, growing at a CAGR of 4.2% during 2021-2026.
Cresylic acid is a generic term referring to combinations of both cresols and xylenols along with phenol or various other alkylphenols (ethylphenols, propylphenols, etc.). Cresylic acid is categories under the weak acid family, which is partly miscible in the aqueous solution and has low vapour pressure. On the basis of the flammability, cresylic acid is not flammable but it can burn when not stored under recommended conditions.
Sasol, Dakota Gasification Company, Rain Carbon (RUTGERS), etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers. In 2019, Sasol has 23.59% of the global market for cresylic acid.
Global Cresylic Acid Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Cresylic Acid Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Sasol, Dakota Gasification Company, Deza, Rain Carbon (Rutgers), Mitsui Chemicals, Atul, Lanxess, Sabic, Asahi Kasei, Si Group, Vdh Chem Tech, Shiv Shakti, Tnj Chemical, Nanjing Ningkang Chemical, Deepak Novochem Technologies, Jfe Chemical Corporation, Nippon Steel And Sumikin Chemical, Juye Runjia Chemical, Dorf Ketal Chemicals, Changzhou Junchi Chemical, Changzhou City Teng Yang Chemical, Shanghai Feige Chemical, Chengjiang Pharmaceutical Science And Technology and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-cresylic-acid-market-research-report
Segment by Type
- Two-Component Cresylic Acid
- Three-Component Cresylic Acid
- Multi-Component Cresylic Acid
The proportion of two-component cresylic acid in 2019 is about 43.76%. And the proportion of three-component cresylic acid, multi-component cresylic acid is about 30.35% and 25.90%, respectively. We expect the proportion of two-component cresylic acid to reach 50.76% by 2026.
Segment by Application
- Resins & Plastics
The most proportion of cresylic acid is resins & plastics, and the proportion of resins & plastics in 2019 is 59.21%.
Table of Content:
1 Cresylic Acid Market Overview
2 Cresylic Acid Market Competition by Manufacturers
3 Cresylic Acid Retrospective Market Scenario by Region
4 Global Cresylic Acid Historic Market Analysis by Type
5 Global Cresylic Acid Historic Market Analysis by Application
6 Key Companies Profiled
7 Cresylic Acid Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Cresylic Acid Market Dynamics
10 Global Cresylic Acid Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta