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Why did the Resorcinol Price Change in July 2025? Resorcinol Spot Price in Asia Pacific experienced a sharp downward trend in Q2 2025 with June closing at USD 4675/MT FOB Tokyo. It marked a decline of 2.71% and was driven by limited transactional volumes.
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Get the latest insights on price movement and trend analysis of Resorcinol in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).
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In Q4 of 2023, India registered an average price of 5880 USD/MT on Ex-Mumbai, reflecting a decrease of 1.00% compared to the preceding quarter. The decline was driven by the low demand across downstream industries along with a downturn in exports, which collectively resulted in a consolidation within the domestic market. Consequently, this led to an escalation in supply levels, exerting downward pressure on prices and indicating a response to the rapidly shifting market dynamics.
Product
| Category | Region | Price |
---|---|---|---|
Resorcinol | Petrochemicals | India | 5880 USD/MT |
Explore IMARC’s newly published report, titled “Resorcinol Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2024 Edition,” offers an in-depth analysis of resorcinol pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.
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The global resorcinol market size was valued at approximately USD 500 million in 2023 and is projected to grow significantly to reach around USD 800 million by 2032, registering a Compound Annual Growth Rate (CAGR) of 5.5% during the forecast period. This growth can be attributed to the expanding applications of resorcinol across various industries, including pharmaceuticals, cosmetics, and rubber production, among others. The demand for advanced adhesives and sealants in construction and automotive sectors is one of the primary factors driving this market's growth. Additionally, the increasing utilization of resorcinol as a chemical intermediate in pharmaceutical and cosmetic formulations further accelerates market expansion.
One of the key growth factors for the resorcinol market is the rising demand in the pharmaceutical industry, where resorcinol is utilized for its antiseptic and disinfectant properties. As healthcare standards improve globally and the demand for effective topical treatments rise, the pharmaceutical application of resorcinol is expected to surge. Moreover, the compound's efficacy in treating skin conditions such as acne, eczema, and psoriasis has positioned it as a crucial ingredient in various dermatological products. The ongoing research and development initiatives aimed at enhancing the therapeutic efficacy of resorcinol-based medications further support its market growth.
The cosmetics industry is another significant contributor to the resorcinol market's growth. Resorcinol is widely used in the formulation of hair dyes and skin-lightening products due to its chemical properties that stabilize color and improve product performance. With the increasing consumer inclination towards personal grooming and beauty enhancement, the demand for innovative cosmetic products is on the rise. Additionally, the trend of using safer and more sustainable ingredients in cosmetics is leading to a growing preference for resorcinol-based formulations. This trend is further bolstered by regulatory approvals and advancements in cosmetic science, which are expanding the potential application areas for resorcinol.
In the realm of industrial applications, resorcinol's role as a bonding agent in the rubber production industry is crucial for the manufacturing of tires and other rubber goods. The automotive industry's growth, particularly in emerging economies, is driving demand for high-quality rubber products, thus fueling the need for resorcinol. Moreover, resorcinol's application in the production of wood adhesives aligns with the construction industry's demand for durable and reliable bonding solutions. The increasing investments in infrastructure development worldwide are anticipated to further propel the consumption of resorcinol-based adhesives.
Regionally, the Asia Pacific is expected to dominate the resorcinol market, accounting for the largest share by 2032. This dominance is primarily due to the rapid industrialization and urbanization in countries like China and India, which drive the demand for construction and automotive products. The presence of a large number of manufacturers and the availability of raw materials also contribute to the region's strong market position. Furthermore, the growing pharmaceutical and cosmetics sectors, supported by increasing consumer spending power, are likely to bolster the market's growth in this region. The Asia Pacific market is projected to grow at a robust CAGR of 6% during the forecast period.
North America is another significant market for resorcinol, driven by advancements in the healthcare and automotive sectors. The region's focus on research and development activities, coupled with a strong regulatory framework supporting the use of resorcinol in pharmaceuticals and cosmetics, underpins its market growth. The demand for high-performance adhesives and sealants in the construction sector also contributes to the market's expansion. Additionally, the increasing environmental awareness among consumers is leading to a preference for sustainable chemicals, which is expected to favor the growth of the resorcinol market in North America.
Europe holds a substantial share of the resorcinol market, with countries like Germany, France, and the UK being major contributors. The region's well-established automotive industry, along with significant investments in infrastructure, creates a stable demand for resorcinol. Moreover, the stringent regulatory standards in the European Union regarding chemical safety and environment
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The Report Covers Resorcinol Market and is segmented by Application (Flame Retardants, Fungicidal creams, UV Stabilizers, Tires and Conveyers, and Other Applications), End-user Industry (Building and Construction, Healthcare, Automotive, Electrical and Electronics, and Other End-user Industries), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa)
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The global Resorcinol market stood at nearly 70 thousand tonnes in 2022 and is expected to grow at a steady CAGR of 3.94% during the forecast period until 2032.
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The size of the Resorcinol Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of > 3.00% during the forecast period. Resorcinol is an organic compound characterized by its white crystalline solid form. This compound consists of benzenediol. Among its physical properties, resorcinol is notable for its high solubility in alcohol, water, and ether. It has a diverse range of medical applications, including its use in the production of rubber tires, cosmetics, and pharmaceuticals. Resorcinol is commonly found in acne treatments, hair dyes, and tire manufacturing. However, a significant challenge to its market growth is the adverse side effects associated with its use. Key health concerns include damage to the central nervous system and endocrine system, which can result in respiratory issues and thyroid dysfunction. Regionally, the Asia Pacific is anticipated to continue being the primary market for resorcinol. Key drivers for this market are: , Increasing Demand from Tire Industry; Other Drivers. Potential restraints include: Environmental Regulations on Amine-based Curing Agents, Other Restraints. Notable trends are: Soaring Demand from Tires.
The resorcinol market size is expected to grow by $ 70.40 mn and record a CAGR of 3% during 2020-2024.
This post-pandemic global resorcinol market report has assessed the shift in consumer behaviour and has identified and explored the upcoming trends and drivers that the vendors can capitalize on to support prompt business decisions. In this resorcinol market analysis report, key drivers such as increasing need for safe tires have been discussed with emerging growth regions, which will offer immense business opportunities. Our analysts have also identified challenges such as high cost of disposal, which will impede market growth. With these insights, the vendors can recreate their plan of action to obtain growth opportunities in the future.
What will the Resorcinol Market Size be in 2020?
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Who are the Key Vendors in the Resorcinol Market?
The resorcinol market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies includng:
Akrochem Corp.
Alfa Aesar
Atul Ltd.
Dynea AS
Kraeber & Co. GmbH
Merck KGaA
Mubychem Group
Occidental Petroleum Corp.
Sumitomo Chemical Co. Ltd.
Thermo Fisher Scientific Inc.
The resorcinol market is fragmented and the vendors are deploying various growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
This resorcinol market report further entails segmentations by Application (Tire and rubber manufacturing, UV products and dyes, Wood adhesives and binders, Flame retardants, and Others) and Geography (APAC, North America, Europe, South America, and MEA). View our sample report to gather market insights on the segmentations.
To make the most of the opportunities, vendors should focus on fast-growing segments, while maintaining their positions in the slow-growing segments. Fetch actionable market insights on post COVID-19 impact on each product and service segments.
Which are the Key Regional Markets for Resorcinol?
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The report offers an up-to-date analysis of the geographical composition of the market. APAC had the largest market share in the resorcinol market in 2020, and the region will offer several growth opportunities to market vendors during the forecast period. The increasing applications of wood bonding adhesives will significantly influence biofuels market growth in this region. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
72% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for resorcinol market in the region. This report provides estimations of the contribution of all regions to the growth of the resorcinol market size.
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What are the Key Factors Covered in this Resorcinol Market Report?
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will drive resorcinol market growth during the next five years
Precise estimation of the resorcinol market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the resorcinol market industry across APAC, North America, Europe, South America, and MEA
A thorough analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of resorcinol market vendors
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Resorcinol Market Scope
Report Coverage
Details
Page number
120
Base year
2019
Forecast period
2020-2024
Growth momentum & CAGR
Accelerate at a CAGR of 3%
Market growth 2020-2024
$ 70.40 million
Market structure
Concentrated
YoY growth (%)
2.04
Regional analysis
APAC, North America, Europe, South America, and MEA
Performing market contribution
APAC at 72%
Key consumer countries
China, US, Japan, UK, and Germany
Competitive landscape
Leading companies, competitive strategies, consumer engagement scope
Companies profiled
Akrochem Corp., Alfa Aesar, Atul Ltd., Dynea AS, Kraeber & Co. GmbH, Merck KGaA, Mubychem Group, Occidental Petroleum Corp., Sumitom
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Global Phenylethyl Resorcinol market size 2021 was recorded $117.436 Million whereas by the end of 2025 it will reach $162.75 Million. According to the author, by 2033 Phenylethyl Resorcinol market size will become $312.578. Phenylethyl Resorcinol market will be growing at a CAGR of 8.5% during 2025 to 2033.
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The size of the Global Resorcinol Market market was valued at USD 486.8 Million in 2023 and is projected to reach USD 611.02 Million by 2032, with an expected CAGR of 3.3 % during the forecast period. The Global Resorcinol Market is associated with the manufacture and supply of resorcinol, a highly useful chemical agent applied in different sectors. Resorcinol finds application as curative and in the production of adhesives such as those used in the bonding of rubber and wood and in the production of pharmaceuticals, cosmetics, and dyes. It is also used in the synthesis of UV stabilizers, flame retardants, some polymers and as a catalyst in several reactions. Some trends that are currently practiced are high demand for superior performing adhesives in the automotive and construction industries, use in pharmaceuticals particularly dermatological uses and improvement in chemical synthesis technology. Some of the factors that are responsible for the growth of the market include increased usage of resorcinol across various sectors, increasing use of specialty chemicals, and new advancements in the adhesive sector.
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Asia Pacific Resorcinol market size is USD XX million in 2024 and will expand at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031.
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Global Resorcinol Market was valued at USD 621.82 Million in 2023 and is expected to reach USD 783.45 Million by 2029 with a CAGR of 3.82% during the forecast period.
Pages | 185 |
Market Size | 2023: USD 621.82 Million |
Forecast Market Size | 2029: USD 783.45 Million |
CAGR | 2024-2029: 3.82% |
Fastest Growing Segment | Automotive |
Largest Market | Asia Pacific |
Key Players | 1. AKraeber & Co. GmbH 2. Alfa Aesar China Ltd 3. Akrochem Corporation 4. Jiangsu Zhongdan Group Co., Ltd. 5. Dynea AS 6. Amino-Chem Co. Ltd. 7. Sumitomo Chemicals Co., Ltd. 8. Atul Ltd. 9. Isochem Kautschuk-GmbH 10. Shanghai Amino-Chem Co. Ltd |
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The global resorcinol market is experiencing robust growth, projected to reach $381.7 million in 2025 and maintain a Compound Annual Growth Rate (CAGR) of 6.4% from 2025 to 2033. This expansion is driven by increasing demand from key application sectors, particularly rubber products, wood adhesives, and UV stabilizers. The rising construction industry, coupled with the growing automotive and tire manufacturing sectors, fuels significant resorcinol consumption. Furthermore, the escalating need for high-performance materials in various industries, demanding enhanced durability and resilience, contributes to the market's upward trajectory. Technological advancements leading to improved resorcinol production efficiency and the development of specialized formulations tailored to specific applications further enhance market growth. However, fluctuations in raw material prices and potential environmental concerns related to resorcinol production pose challenges to sustained growth. Market segmentation reveals strong demand for higher purity resorcinol (99% and above) across various applications. Geographic analysis indicates that North America and Asia Pacific are currently major markets, although expanding industrialization in developing economies within regions like South America and the Middle East & Africa presents significant growth opportunities. Competitive landscape analysis shows established players such as INDSPEC Chemical Corporation, Sumitomo Chemical Co., and others, are continually innovating and expanding their product portfolios to meet evolving market needs. The forecast period (2025-2033) suggests continued market expansion, driven by the ongoing trends and opportunities described above.
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The global Resorcinol market report provides detailed information on forecasts by current market dynamics and growth opportunities.
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The resorcinol market, valued at approximately $XX million in 2025, is projected to experience robust growth with a Compound Annual Growth Rate (CAGR) exceeding 3.00% from 2025 to 2033. This expansion is driven by increasing demand from key application areas such as the adhesives and sealants industry, where resorcinol-formaldehyde resins are crucial components in high-performance bonding solutions. Furthermore, the growing use of resorcinol in the pharmaceutical sector, particularly as an intermediate in the synthesis of various drugs and medicinal compounds, is contributing significantly to market growth. The rising global construction activities also fuel demand for high-performance adhesives, further boosting the resorcinol market. Competitive landscape analysis reveals key players like Atul Ltd, Dynea AS, and Sumitomo Chemical Co Ltd vying for market share through strategic expansions and technological advancements. However, the market faces certain restraints. Fluctuations in raw material prices, particularly phenol, can impact production costs and profitability. Stringent environmental regulations related to chemical manufacturing also pose challenges for market players. Nevertheless, ongoing research and development efforts focusing on sustainable and eco-friendly resorcinol production processes are expected to mitigate these concerns. Segmentation of the market is likely driven by application type (adhesives, pharmaceuticals, etc.), geographic region (North America, Europe, Asia-Pacific, etc.), and end-use industry. The forecast period of 2025-2033 presents lucrative opportunities for existing and new players, prompting strategic investments and innovations within the resorcinol market. Growth is anticipated to be particularly strong in emerging economies where infrastructure development and industrialization are driving demand. Key drivers for this market are: , Increasing Demand from Tire Industry; Other Drivers. Potential restraints include: , Increasing Demand from Tire Industry; Other Drivers. Notable trends are: Soaring Demand from Tires.
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The global Methyol Resorcinol market size was valued at approximately USD 500 million in 2023 and is projected to reach around USD 800 million by 2032, growing at a compound annual growth rate (CAGR) of 5.2% during the forecast period. This market growth is driven by increasing demand across diverse segments such as adhesives, pharmaceuticals, and cosmetics, fueled by advancements in industrial and pharmaceutical applications. The versatility and efficacy of Methyol Resorcinol as a chemical compound in improving product performance and durability are significant contributors to its expanding market size.
One of the primary growth factors for the Methyol Resorcinol market is its application in the adhesives sector, particularly in the automotive and construction industries. Methyol Resorcinol-based adhesives are known for their superior bonding strength and resistance to environmental factors, making them ideal for use in high-performance and critical applications. As industries seek sustainable and durable adhesive solutions, the demand for Methyol Resorcinol is expected to rise. Additionally, the push towards lightweight and fuel-efficient vehicles in the automotive industry further propels the need for advanced adhesive materials, thereby bolstering the Methyol Resorcinol market.
The pharmaceutical industry also plays a crucial role in driving the Methyol Resorcinol market growth. This compound is extensively used in the formulation of various medicinal products due to its antiseptic and disinfectant properties. The growing global health awareness and the increase in medical research and development activities have led to an uptick in the demand for pharmaceutical-grade Methyol Resorcinol. As healthcare systems expand and innovate, especially in developing economies, the reliance on effective pharmaceutical ingredients is expected to grow, enhancing the market outlook for Methyol Resorcinol.
The cosmetics industry further contributes to the market's expansion, as Methyol Resorcinol is utilized in the formulation of skincare and haircare products. Its effectiveness in enhancing the stability and efficacy of cosmetic formulations has made it a sought-after ingredient among cosmetic manufacturers. The rising consumer demand for advanced personal care products, driven by increasing disposable incomes and heightened awareness of skincare benefits, ensures sustained growth in this segment. Moreover, the trend towards organic and natural cosmetic formulations is likely to incorporate Methyol Resorcinol due to its relatively low toxicity and beneficial properties, further strengthening market demand.
Regionally, Asia Pacific holds a significant share of the Methyol Resorcinol market due to its robust industrial base and rapidly growing pharmaceutical and personal care sectors. Countries such as China and India are key contributors, with significant investments in manufacturing and healthcare infrastructure. Meanwhile, North America and Europe continue to be mature markets with steady demand, driven by technological advancements and a strong emphasis on research and development. The Middle East & Africa and Latin America are emerging markets, with potential growth opportunities due to increasing industrial activities and improving healthcare systems.
The Methyol Resorcinol market is segmented by product type into Industrial Grade, Pharmaceutical Grade, and Cosmetic Grade. Each of these segments caters to specific industry requirements and exhibits distinct growth dynamics. Industrial Grade Methyol Resorcinol is primarily used in adhesives and coatings, where high-performance standards are necessary. This segment benefits from the expanding construction and automotive industries, both of which demand robust and reliable bonding solutions. The growth of infrastructure projects worldwide contributes significantly to this segment's expansion, as developers seek materials that provide durability and resistance to environmental stressors.
Pharmaceutical Grade Methyol Resorcinol holds a crucial position in the market due to its application in the healthcare sector. It is utilized in the formulation of antiseptic and disinfectant products, which are essential in maintaining hygiene and preventing infections. With increasing healthcare spending and the rise of modern medical facilities, the demand for high-quality pharmaceutical ingredients is on the rise. Regulatory compliance and stringent quality standards in pharmaceutical manufacturing further emphasize the need for reliable raw materials, positioning Phar
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The global resorcinol market is projected to reach USD 674.52 million by 2033, exhibiting a CAGR of 3.75% during the forecast period. The increasing demand for resorcinol in the adhesives and coatings, rubber and tires, and dyes and pigments industries is driving the market growth. Resorcinol finds extensive use in the production of epoxy and phenolic resins, which are widely employed in various automotive and construction applications. The market growth is also attributed to the rising demand for resorcinol in the medical industry, particularly in the production of pharmaceuticals and intermediates. Resorcinol is an active ingredient in several drugs, including antiseptic agents, anti-inflammatory medications, and sunscreen formulations. Additionally, the growing adoption of resorcinol in the packaging industry, primarily for the manufacture of food and beverage containers, is expected to further fuel market expansion. Regionally, Asia Pacific is anticipated to remain the dominant market for resorcinol due to the increasing industrialization and urbanization in countries such as China, India, and Japan. The global resorcinol market size is anticipated to reach USD 0.55 billion by 2032, expanding at a CAGR of 3.75% from 2024 to 2032. The rising demand for resorcinol in the production of rubber chemicals, adhesives, and dyes is driving the market growth. Resorcinol is also widely used in the manufacturing of pharmaceuticals, cosmetics, and food additives. Recent developments include: The resorcinol market is anticipated to grow at a CAGR of 3.75% from 2024 to 2032, reaching a total market size of 0.55 billion USD by 2032. The market is driven by the increasing demand for resorcinol in the production of rubber chemicals, adhesives, and dyes. Resorcinol is also used in the manufacturing of pharmaceuticals, cosmetics, and food additives.Recent news developments in the resorcinol market include the expansion of production capacity by major players such as Lanxess and BASF. These companies are investing in new plants and technologies to meet the growing demand for resorcinol. Additionally, there is a growing trend towards the use of bio-based resorcinol, which is more sustainable than traditional resorcinol derived from fossil fuels.. Key drivers for this market are: Growing demand for tires Resurgence of the automotive sector Increasing use in dyes and pigments Rising use in adhesives and coatings Expanding application in pharmaceuticals . Potential restraints include: Increased demand for adhesives, rising use in pharmaceuticals; growth in the automotive industry; technological advancements and environmental regulations .
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Uncover Market Research Intellect's latest Resorcinol Market Report, valued at USD 1.2 billion in 2024, expected to rise to USD 1.8 billion by 2033 at a CAGR of 5.0% from 2026 to 2033.
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According to our latest research, the global resorcinol market size in 2024 stands at USD 545 million, reflecting a robust demand across diverse end-use industries. The market is expanding at a CAGR of 4.8% from 2025 to 2033, driven by increasing applications in adhesives, rubber products, and pharmaceuticals. By 2033, the resorcinol market is forecasted to reach USD 816 million, as per our in-depth analysis. This steady growth trajectory is propelled by technological advancements and growing consumption in emerging economies, positioning resorcinol as a critical chemical intermediate in several high-value sectors.
A major growth factor for the resorcinol market is its indispensable role in the production of adhesives and binders, particularly for tire manufacturing and wood bonding applications. The automotive industry’s ongoing shift towards lightweight, durable, and high-performance tires has significantly increased the use of resorcinol-based adhesives, which offer superior bonding strength and resistance to heat and chemicals. Additionally, the construction sector’s demand for weather-resistant wood adhesives and the rising trend of engineered wood products are fueling the consumption of resorcinol. The chemical’s unique cross-linking capability makes it preferable over conventional phenolic resins, further solidifying its position in industrial adhesives.
Another pivotal driver is the expanding application of resorcinol in the pharmaceutical and personal care industries. Resorcinol’s antiseptic and keratolytic properties make it a valuable ingredient in topical pharmaceuticals, acne treatments, and dermatological products. The surge in personal care product consumption, especially in emerging markets of Asia Pacific and Latin America, is boosting the demand for high-purity resorcinol. Furthermore, its utility in the synthesis of dyes, UV stabilizers, and flame retardants for plastics and coatings is opening new avenues for market expansion. The regulatory push for safer and more effective pharmaceutical ingredients is also encouraging manufacturers to adopt resorcinol-based formulations.
Sustainability concerns and regulatory compliance are shaping the resorcinol market’s growth dynamics. The industry is witnessing a shift towards eco-friendly production processes and the adoption of green chemistry principles. Stringent environmental regulations, especially in Europe and North America, are prompting manufacturers to invest in cleaner technologies and improved waste management systems. This transition not only enhances the environmental profile of resorcinol but also aligns with the sustainability goals of downstream industries. The increasing emphasis on reducing volatile organic compound (VOC) emissions and improving workplace safety is expected to further drive innovation in resorcinol manufacturing and application.
Regionally, the Asia Pacific market is emerging as a dominant force, accounting for the largest share of global resorcinol consumption. The region’s robust automotive, construction, and chemical industries, particularly in China, India, and Southeast Asia, are driving demand. North America and Europe also hold significant market shares, supported by advanced manufacturing infrastructure and stringent quality standards. Meanwhile, Latin America and the Middle East & Africa are witnessing steady growth, fueled by industrialization and increasing investments in construction and healthcare. This regional diversification is ensuring a balanced and resilient growth pattern for the global resorcinol market.
The application segment of the resorcinol market is highly diversified, with adhesives and binders constituting the largest share. Resorcinol-based adhesives are extensively used in the automotive industry for tire manufacturing, where they enhance the bonding of rubber to reinforcing materials like steel and polyester cords. This application is critical for producing high-performance tires that meet stringent safety and durability standards. In the wood industry, resorcinol adhesives are preferred for their exceptional water resistance and structural integrity, making them ideal for exterior construction and marine applications. The growing demand for engineered wood and green building materials is further amplifying the need for high-quality resorcinol adhesives.
Rubber products rep
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Europe Resorcinol market size is USD XX million in 2024 and will expand at a compound annual growth rate (CAGR) of 1.9% from 2024 to 2031.
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Why did the Resorcinol Price Change in July 2025? Resorcinol Spot Price in Asia Pacific experienced a sharp downward trend in Q2 2025 with June closing at USD 4675/MT FOB Tokyo. It marked a decline of 2.71% and was driven by limited transactional volumes.