About Ortho Cresol Chemical
Ortho cresol is a chemical compound with the formula CH3C6H4(OH). it's a widely used intermediate within the production of different chemicals. Ortho phenol is a very important chemical intermediate, there are 2 main strategies to supply o-cresol together with extraction method (coal tar as material) and synthesis method (phenol and methanol as materials). so as to decrease the value and increase the profit, the extraction method now is primarily adopted to supply o-cresol. O-Cresol is applied to several fields like resin, herbicides, disinfectants et al., the resin is the main applied field in the world.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
The global market for ortho cresol chemicals is fragmented by key players going to rising demand raw material or base chemical in the form of ortho cresol chemical. Different applications like pharmaceuticals, dyes, pesticides demand efficient base compounds and efficient manufacturing and economical techniques with the highest yields and hence players should invest in R&D to grab the market share. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Sasol (South Africa), LANXESS (Germany), SABIC (Saudi Arabia), RÜTGERS Group (Germany), Deepak Novochem Technologies (India), Nantong Xingchen Synthetic (China), JFE Chemical (Japan), Nippon Steel & Sumikin Chemical (China) and Juye Runjia Chemical (China) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Nanjing Datang Chemical (China), Chengjiang Pharmaceutical Science and Technology (China) and Yueyang Xingchang (China).
Segmentation Overview
AMA Research has segmented the market of Global Ortho Cresol Chemical market by , Application (Resin, Herbicides, Disinfectant and Other) and Region.
On the basis of geography, the market of Ortho Cresol Chemical has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Asia Pacific region held largest market share in the year 2021. If we see Market by Form, the sub-segment i.e. Liquid will boost the Ortho Cresol Chemical market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Purity, the sub-segment i.e. 99% will boost the Ortho Cresol Chemical market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Manufacturing Process, the sub-segment i.e. Extraction Process will boost the Ortho Cresol Chemical market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Source, the sub-segment i.e. Coal Tar will boost the Ortho Cresol Chemical market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
29 CFR 1910.1000 (USDOL); U.S. National Archives and Records Administration's Electronic Code of Federal Regulations states Permissible Exposure Limit for the Ortho Cresol Chemical Table Z-1 8-hr Time-Weighted Avg: 5 ppm (22 mg/cu m). Skin Designation and NIOSH. NIOSH Pocket Guide to Chemical Hazards Recommended Exposure Limit: 10 hr Time-Weighted avg: 2.3 ppm (10 mg/cu m).
Market Drivers
- Rising Demand for Ortho Cresol Chemical as a Precursor to Other Compounds like BHT, MCPA, Mecoprop
- Increasing Demand for Synthetically Developed Vitamin E
Opportunities
- Rising Government investment in Pharmaceuticals and Raw Material Manufacturing for Generic Medicines, Dyes and Pesticides
Restraints
- Stringent Government Regulations regarding Ortho Cresol Chemical
Challenges
- Health Hazards and Side Effects by Close Contact to the Chemical
Key Target Audience
Ortho Cresol Chemical Manufacturer, Raw Material Provider, Research Institutes, End-User Industry and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.