The global 2-Methylresorcinol market was valued at 58.42 Million USD in 2021 and will grow with a CAGR of 7.85% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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.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.

By Market Verdors:

VKG

Zhejiang Dragon Chemical Group

League Chemicals

Atul

Jiangsu Dingye Pharmaceutical

Ycmerit

Huahong Chem

Jiangsu Lycra Chemical

By Types:

Medical Grade

Cosmetic Grade

By Applications:

Cosmetics

Hair Dyes

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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