Para-Cresol, also 4-methylphenol, is an organic compound with the formula CH3C6H4. It is a colourless solid that is broadly utilized intermediate in the introduction of plastics chemicals, flavours & fragrances, pesticides, pharmaceuticals, and dyes.
According to the report analysis, ‘Global p-Cresol (CAS 106-44-5) Market, 2021-2027’ states that Anhui Haihua Chemical Technology Co., Ltd., Atul Ltd., Chongqing Changshou Chemical Co., Ltd., Honshu Chemical Industries Co., Ltd., Jinneng Science & Technology Co., Ltd., Konan Chemical Manufacturing Co., Ltd., Lanxess AG, Lianyungang Keming Chemical Co., Ltd., Lianyungang Ningkang Chemical Co., Ltd., Mitsui Chemicals, Inc., Nanjing Datang Chemical Co., Ltd., Sasol Limited, Saudi Basic Industries Corporation (SABIC), Shandong Daguan Biochemical Technology Co., Ltd., Shouguang Tiancheng Fine Chemical Plant, VDH Chemtech Pvt. Ltd., among others are the key companies which presently operating in the global p-Cresol (CAS 106-44-5) market more efficiently for ruling around the globe, keep maintaining the governing position, registering the great value of market share, generating the highest percentage of revenue, and leading the highest market growth by establishing the several research and development programs, increasing the features and benefits of p-Cresol, improving the qualitative and quantitative measures of such, spreading the awareness connected to the applications and advantages of p-Cresol, analysing the strategies and policies of government as well as similar entities, implementing the policies of profit making and strategies of expansion and delivering the better customer satisfaction.
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The ‘Global Para Cresol Market’ can be classified based on application and region. In terms of application, the market can be categorized into chemical intermediates, antioxidants, solvents, and preservatives. Antioxidants is a leading sector of the para cresol market. The effective growth in requirement for vitamin E in dietary supplements due to an augment in health concerns across the globe, modification in food habits, and depletion of nutrition in food owing to adulteration are propelling demand for dietary supplements. This, in turn, is projected to boost the para cresol market during the coming years. Furthermore, growth in demand for nutraceuticals, typically in the U.S. and Europe, due to an augment in consumer awareness concerning nutrient consumption is projected to propel the market during the review period.
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In terms of region, the global para cresol market can be categorized into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. In terms of consumption, Asia Pacific is an important region of the para cresol market, followed by Europe and North America. In Asia Pacific, underdeveloped economies and sub-regions such as China, India, and ASEAN are projected to record positive sales throughout the forecast duration, primarily owing to an augment in demand for vitamin E, agrochemicals, and coatings in the region. In addition, the effective growth in disposable incomes, changing consumer lifestyles, and augment in demand for antioxidants due to growth in awareness about health care are probable to fuel the para cresol market in the region. The market in Europe is projected to expand at a moderate rate, primarily owing to expansion in the pharmaceutical and agrochemical industry in the region.
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