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Resorcinol Market Strategic Assessment, Market Growth And Forecasts To 2028

The global resorcinol market is expected to reach USD 609.0 Million by 2027, according to a new report by Reports and Data. The growth of the market is attributed to the growing demand for resorcinol in end-use applications.

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Resorcinol Market Strategic Assessment, Market Growth And Forecasts To 2028

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  1. Resorcinol Market To Reach USD 609.0 Million By 2027 www.reportsanddata.com

  2. Market Summary Market Size – USD 486.4 million in 2019, Market Growth - CAGR of 2.8%, Market Trends – Growth of the construction industry The Global Resorcinol Market is expected to reach USD 609.0 Million by 2027, according to a new report by Reports and Data. The growth of the market is attributed to the growing demand for resorcinol in end-use applications. Growing demand for resorcinol in tire production is one of the significant factors influencing the market growth. Resorcinol is commercially used to enhance the adhesion of inorganic and organic reinforcing materials to rubber.  • Further key findings from the report suggest • Resorcinol is produced commercially across the globe where benzene is used as the major feedstock, and only two production methods are used on a large scale for commercial purposes. Of the two production methods, resorcinol is primarily produced by sulfonation of benzene under conditions supporting replacement in the meta position trailed by anhydrous caustic fusion. • By distribution channel, the online distribution channel is projected to grow at a faster rate of 4.9% in the period 2020-2027, as this mode of distribution has the advantage of providing a broader exposure to the product produced by the manufacturers, especially with the proliferation of smart devices and internet connectivity. • The application of resorcinol as UV stabilizers contributed to the second largest market share in 2019 and is likely to grow at a rate of 2.3% in the forecast period. Resorcinol is used in the production of UV absorbers, which are used in widespread applications including plastics, coatings, adhesives, along with elastomers to shield them from the adverse effect of UV radiation. www.reportsanddata.com

  3. MarketSummary Key Players: Alfa Aesar, Dynea AS, Kraeber & Co. GmbH, Sumitomo Chemicals Co. Ltd., Atul Ltd., Indspec Chemical Corporation, Jiangsu Zhongdan Chemical Group Corporation, Akrochem Corporation, Euram Chemicals Ltd., and Sigma-Aldrich, among others. Segmentation: • Production Method Outlook (Volume, Kilo Tons; 2017-2027 and Revenue, USD Million; 2017-2027) • Benzene Sulfonation • Meta-DiisopropylbenzenePreoxidation • Distribution Channel Outlook (Volume, Kilo Tons; 2017-2027 and Revenue, USD Million; 2017-2027) • Online • Offline • Application Outlook (Volume, Kilo Tons; 2017-2027 and Revenue, USD Million; 2017-2027) • Rubber Products • UV Stabilization • Wood Adhesives • Flame Retardants • Others www.reportsanddata.com Ask for Sample Report at: https://www.reportsanddata.com/sample-enquiry-form/2900

  4. Market Summary • Regional Outlook (Revenue, USD Billion; 2017-2027) • North America • The U.S. • Canada • Europe • Germany • UK • France • BENELUX • Rest of Europe • Asia Pacific • China • Japan • Rest of APAC • MEA • Saudi Arabia • Rest of MEA • Latin America • Brazil • Rest of LATAM www.reportsanddata.com Request a discount on the report @https://www.reportsanddata.com/discount-enquiry-form/2900

  5. The report emphasizes the following key questions: Q.1.What are the most lucrative and promising growth prospects for the market? Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? Q.3.Which geographies are estimated to exhibit the highest growth and the underlying causes? Q.4.Which factors are impacting the future of the market and what are the driving factors? Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast period? www.reportsanddata.com

  6. About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact US John W Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com www.reportsanddata.com

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