Resorcinol Market Share Growing Rapidly with Recent Trends, Development, Revenue, Demand and Forecast to 2019 - 2027

                                                                            
Resorcinol, also known as resorcin, is a white crystalline solid that is soluble in alcohol, ether, and water.

                    Resorcinol Market


Resorcinol, also known as resorcin, is a white crystalline solid that is soluble in alcohol, ether, and water. It's made by melting resins like asafetida and galbanum with potassium hydroxide (KOH) or distilling brazilwood extract, and it has a somewhat bittersweet taste. This organic chemical is used to make fire retardants, dyes, UV stabilisers, explosives, and herbicides, as well as to improve the adhesive strength of rubber and wood products. As a result, it is widely used in a variety of industries, including rubber, chemical, automotive, and construction.

The automobile industry, which uses resorcinol for tyre production and wood binding adhesion, drives demand for the Resorcinol Market. Furthermore, end-use sectors such as chemicals, automotive, pharmaceuticals, rubber, personal care, and construction, among others, are expected to drive global demand for resorcinol. However, the worldwide resorcinol market is anticipated to be stifled by rising health concerns and stringent regulations in nations such as Japan, the EU, and the United States. Resorcinol has been shown to induce a variety of health problems in vitro, ranging from skin irritation to probable endocrine disruption.

Resorcinol is generally indicated for topical use, although it is also widely employed in the production of resins. It collaborates with formaldehyde to generate adhesives in the rubber manufacturing business when mixed with phenol. It's utilised to make tyres, conveyor belts, light passenger automobiles, and other comparable items. It is also used in wood binding as an adhesive to improve performance and resistance to heat and humidity. It is also used to make plasticisers, organic compounds for textile treatment, and as a UV absorbent in some specialised chemicals.

The prominent players operating in the global resorcinol market are Mitsui Chemicals Inc., Indspec Chemical Corporation, and Sumitomo Chemicals.

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