Global 2-Methylresorcinol Market Growth 2019-2024

This market research report covers key Global Markets mainly the Americas, United States, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy, Russia, Spain, Middle East & Africa, Egypt, South Africa, Israel, Turkey, GCC Countries

2-Methylresorcinol is a slightly yellow crystalline powder. In cosmetics and personal care products, both Resorcinol and 2-Methylresorcinol are typically used in the formulation of hair dyes and colors. Resorcinol is also used in other hair and skin care products.
The global consumption of 2-Methylresorcinol increases from 549.5 MT in 2013 to 690.4 MT in 2017, at a CAGR of more than 5.87%. In 2017, the global 2-Methylresorcinol consumption market is led by Europe and Europe is the largest region consumption market, accounting for about 33.81% of global consumption of 2-Methylresorcinol.
2-Methylresorcinol downstream is wide and recently 2-Methylresorcinol has acquired increasing significance in various fields of Cosmetics and Hair Dyes. Globally, the 2-Methylresorcinol market is mainly driven by growing demand for Hair Dyes. Hair Dyes accounts for nearly 80.14% of total downstream consumption of 2-Methylresorcinol in global.

According to this study, over the next five years the 2-Methylresorcinol market will register a 8.1% CAGR in terms of revenue, the global market size will reach US$ 83 million by 2024, from US$ 52 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in 2-Methylresorcinol business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of 2-Methylresorcinol market by product type, application, key manufacturers and key regions and countries.

This study considers the 2-Methylresorcinol value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Medical Grade
Cosmetic Grade
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Cosmetics
Hair Dyes
Other

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
VKG
Zhejiang Dragon Chemical Group
League Chemicals
Atul
Jiangsu Dingye Pharmaceutical
Ycmerit
Huahong Chem
Jiangsu Lycra Chemical

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global 2-Methylresorcinol consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of 2-Methylresorcinol market by identifying its various subsegments.
Focuses on the key global 2-Methylresorcinol manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the 2-Methylresorcinol with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of 2-Methylresorcinol submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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