The global Catechol (CAS 120-80-9) market was valued at US$ 118.6 million in 2019 and is expected to reach US$ 146.7 million by the end of 2026, growing at a CAGR of 5.9% during 2021-2026.
Catechol also known as pyrocatechol or 1,2-dihydroxybenzene, is an organic compound with the molecular formula C6H4(OH)2. It is the ortho isomer of the three isomeric benzenediols. This colorless compound occurs naturally in trace amounts. It was first discovered by destructive distillation of the plant extract catechin.
Catechol comes in a white flaky powder, and is used as a pharmaceutical and agrochemical intermediate, is widely used as building block in Agrochemicals, Flavors, Fragrances and Pharmaceuticals.
Catechol (CAS 120-80-9) market has a high market concentration. Solvay is the largest player in the global Catechol (CAS 120-80-9) market. In 2019, the Solvay sales revenue of Catechol (CAS 120-80-9) product accounted for 58.43% of the world’s share. Top 4 players include Solvay, UBE Industries, Camlin Fine Sciences and Jiangsu Sanjili Chemical, these four players accounts for 97.57% of the world’s share.
Based on type, Catechol (CAS 120-80-9) is mainly used for industrial, the sales of Industrial Grade Catechol (CAS 120-80-9) was 49512 MT in 2019, accounted for 98.21% sales share, while Pharmaceutical Grade Catechol (CAS 120-80-9) was 1.85% sales share.
Based on the application, Vanillin is the main downstream product of Catechol, which accounted for about 46.87% of total production. Carbofuran phenol is the second largest downstream application, accounting for 26.02%. Other applications such as heliotropin, heliofresh, etc. these applications have a smaller market share, and carbofuran phenol are expected to dominate the market in the future.
Global Catechol (CAS 120-80-9) Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Catechol (CAS 120-80-9) Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Solvay, UBE Industries, Camlin Fine Sciences, Jiangsu Sanjili Chemic and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Industrial Grade Catechol
- Pharmaceutical Grade Catechol
Segment by Application
- Carbofuran Phenol
Table of Content:
1 Catechol (CAS 120-80-9) Market Overview
2 Catechol (CAS 120-80-9) Market Competition by Manufacturers
3 Catechol (CAS 120-80-9) Retrospective Market Scenario by Region
4 Global Catechol (CAS 120-80-9) Historic Market Analysis by Type
5 Global Catechol (CAS 120-80-9) Historic Market Analysis by Application
6 Key Companies Profiled
7 Catechol (CAS 120-80-9) Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Catechol (CAS 120-80-9) Market Dynamics
10 Global Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
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