Introduction
m-Dihydroxybenzene (resorcinol) is a chemical compound used in rubber adhesives, UV stabilizers, and flame retardants, critical for enhancing material performance in automotive, construction, and pharmaceutical applications. The m-Dihydroxybenzene industry is driven by demand for high-strength adhesives and flame-retardant materials, with trends including eco-friendly formulations, increased use in UV stabilizers for plastics, and pharmaceutical intermediates. The market benefits from automotive and construction growth, though it faces challenges from environmental regulations and raw material price volatility.Market Size and Growth Forecast
The global m-Dihydroxybenzene market was valued at USD 490-670 million in 2024, with an estimated CAGR of 4.0%-6.0% from 2025 to 2030, driven by rubber adhesive applications.Regional Analysis
- North America is projected to grow at a CAGR of 3.8%-5.8%, with the U.S. leading due to automotive and pharmaceutical demand. Trends focus on eco-friendly formulations.
- Europe is expected to achieve a CAGR of 3.5%-5.5%, with Germany driving growth through adhesive and flame-retardant applications. The region emphasizes sustainable production.
- Asia Pacific is anticipated to record the highest growth at 4.5%-6.5%, led by China, where tire and construction sectors expand. Trends include capacity increases.
- Rest of the World is expected to grow at a CAGR of 3.3%-5.3%, supported by construction growth in Latin America.
Application Analysis
- Rubber adhesives are estimated to grow at a CAGR of 4.5%-6.5%, driven by tire manufacturing. Trends focus on high-strength adhesives.
- UV stabilizers are projected to grow at a CAGR of 4.0%-6.0%, fueled by plastics applications. Innovations include durable stabilizers.
- Wood adhesives are expected to grow at a CAGR of 3.8%-5.8%, supported by construction. Developments include eco-friendly solutions.
- Flame retardants are anticipated to grow at a CAGR of 4.0%-6.0%, driven by safety regulations. Trends focus on non-toxic formulations.
- Pharmaceuticals are estimated to grow at a CAGR of 3.5%-5.5%, with trends toward high-purity intermediates.
- Others, like dyes, are expected to grow at a CAGR of 3.3%-5.3%, with specialty chemical trends.
Key Market Players
Sumitomo Chemical, based in Tokyo, Japan, produces m-Dihydroxybenzene for adhesives and flame retardants, focusing on high-purity solutions.Atul, headquartered in Valsad, India, supplies m-Dihydroxybenzene for pharmaceutical and adhesive applications, emphasizing sustainable production.
Zhejiang Longsheng Group, located in Hangzhou, China, manufactures m-Dihydroxybenzene for tire adhesives, known for large-scale production.
Prasol Chemicals, based in Mumbai, India, offers m-Dihydroxybenzene for UV stabilizers and adhesives, focusing on cost-effective solutions.
Kraeber & Co GmbH, headquartered in Ellerbek, Germany, produces m-Dihydroxybenzene for pharmaceutical intermediates, specializing in high-purity compounds.
Porter’s Five Forces Analysis
- Threat of New Entrants: Moderate; high regulatory and capital barriers exist, but niche applications allow entry.
- Threat of Substitutes: Moderate; alternative chemicals compete, but m-Dihydroxybenzene’s versatility maintains its edge.
- Buyer Power: Moderate; tire and pharmaceutical manufacturers negotiate, but specialized applications limit leverage.
- Supplier Power: Low; raw materials are widely available.
- Competitive Rivalry: High; players differentiate through eco-friendly and high-performance formulations.
Market Opportunities and Challenges
Opportunities
- Growing demand for high-performance tires in automotive sectors drives m-Dihydroxybenzene adoption.
- Expansion of construction and flame-retardant applications enhances market opportunities.
- Emerging markets in Asia Pacific, particularly China, offer growth potential due to large-scale production.
Challenges
- Stringent environmental regulations on chemical production increase compliance costs.
- Volatility in raw material prices impacts profitability.
- Competition from alternative chemicals challenges market share.
Growth Trend Analysis
The m-Dihydroxybenzene market is growing moderately. In 2024, Hami Shengdian Technology maintained a 20,000-ton capacity for m-Dihydroxybenzene, supporting tire adhesives. In 2024, Shandong Kesheng Chemical operated a 10,000-ton capacity, focusing on construction applications. In 2024, Zhejiang Longsheng Group commissioned 37,000 tons of new capacity, reaching a total of 57,000 tons. These align with a projected CAGR of 4.0%-6.0% through 2030.This product will be delivered within 1-3 business days.
Table of Contents
Chapter 1 Executive SummaryChapter 2 Abbreviation and Acronyms
Chapter 3 Preface
Chapter 4 Market Landscape
Chapter 5 Market Trend Analysis
Chapter 6 Industry Chain Analysis
Chapter 7 Latest Market Dynamics
Chapter 8 Trading Analysis
Chapter 9 Historical and Forecast M-Dihydroxybenzene Market in North America (2020-2030)
Chapter 10 Historical and Forecast M-Dihydroxybenzene Market in South America (2020-2030)
Chapter 11 Historical and Forecast M-Dihydroxybenzene Market in Asia & Pacific (2020-2030)
Chapter 12 Historical and Forecast M-Dihydroxybenzene Market in Europe (2020-2030)
Chapter 13 Historical and Forecast M-Dihydroxybenzene Market in MEA (2020-2030)
Chapter 14 Summary For Global M-Dihydroxybenzene Market (2020-2025)
Chapter 15 Global M-Dihydroxybenzene Market Forecast (2025-2030)
Chapter 16 Analysis of Global Key Vendors
Tables and Figures
Companies Mentioned
- Sumitomo Chemical
- Atul
- Emco Dyestuff
- Jay Organics
- Akrochem
- Aldon Corporation
- Kraeber & Co GmbH
- Prasol Chemicals
- Zhejiang Longsheng Group
- Hami Shengdian Technology
- Shandogn Kesheng Chemical
- Wuhai Shilian Environmental Protection Technology
- Sichuan Lianlong Chemical
- Jiujiang Changyu Chemicals
- Gansu Yuzhong Mingda Chemical Technology
