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Cresol Market Segments and Key Trend Overview till 2024

Increasing adoption of cresol derivatives as a precursor in the production of antioxidants in personal care and chemical intermediates are expected to drive product demand over the next eight years. The Global Cresol Market is expected to reach USD 795.7 million by 2024, according to a new report by Grand View Research, Inc.


The ability of vitamin E to minimize risks associated with heart attack, chest pain, and joint pain is anticipated to steer cresols demand over the forecast period. Vitamin E is majorly used as an antioxidant to prevent clotting and blood sugar problems. BHT is another important antioxidant derived from cresol isomers that find significance in the food, cosmetics, and chemical industries.

Ortho isomer derivatives are majorly used in agrochemical and pesticide industries. Agrochemical segment accounted for over 27% of global ortho-cresol market volume in 2015. Growing concern towards crop protection and pest control is expected to drive product demand in agrochemical industry.

Growing concern towards food shortage can be attributed to the lack of synergy between crop production and surging food demand in various regions of Asia Pacific and Europe. The ability of ortho and meta isomer derivatives to enhance the performance of pesticides is anticipated to drive product demand as plant growth regulators over the long term.

To Know More About Cresol Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/cresol-market

Top Players of Cresol Market:

Key players operating in the industry include Sasol, Lanxess, SABIC, and Mitsui Chemical that have integrated the production of raw material, cresol isomers, and their derivatives. Other major industry participants include Atul Ltd., Datang Chemical, VDH Chemtech, Xiamen HiSunny, and Konan Chemical.

Market Segmentation of Cresol Market:

The Global Cresol Market segmented on the basis of Product, and Region.

By Product:

    m-Cresol
        By application
            Agrochemicals & pesticides
            Vitamin E
            Chemical intermediate
            Electronics
     p-Cresol
            By application
                Butylated hydroxytoluene
                Antioxidant
                Fragrance
                Specialty resin
     o-Cresol
                By application
                    Agrochemicals & pesticides
                    Antioxidant
                    Dyes
                    Electronics

By Region:

    North America
    Europe
    Asia Pacific
    Middle East & Africa
    Central & South America

Inquire about Cresol Market with Our Experts @ https://www.grandviewresearch.com/inquiry/3005
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