
2-Methylresorcinol Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025
- Transparency Market Research
- Ongoing
- Chemicals
Report Description
2-Methylresorcinol is a slightly yellow crystalline powder. It is used
in the formulation of hair colors and dyes in cosmetics and personal care
industries. 2-Methylresorcinol helps impart color to the hair. The exact
color obtained depends on other ingredients that are used in the
preparation and the starting color of the hair. These ingredients may also
function as antioxidants. 2-Methylresorcinol is used in permanent hair
coloring systems, where color is produced inside the hair fiber. This is
achieved through careful formulation of the product so that the ingredients
interact. The U.S. Food and Drug Administration (FDA) permits the use of
2-Methylresorcinol in topical acne over-the-counter (OTC) products.
Assessment of the safety of 2-Methylresorcinol is carried out by the
Cosmetic Ingredient Review (CIR) expert panel.
The CIR is a company based in Washington D.C. that assesses and reviews the
safety of ingredients in cosmetics and publishes the results in
peer-reviewed scientific literature. It was established in 1976 by the
Personal Care Products Council with support of the Food and Drug
Administration and the Consumer Federation of America. 2-Methylresorcinol
is listed in Annex III of the Cosmetics Directive of the European Union. It
can be used in oxidizing and non-oxidizing hair dye products at a maximum
concentration of 1.8%.
Increase in awareness about personal care among consumers and rise in the
use of hair coloring products are driving the demand for 2-Methylresorcinol
Market. Growth in aging population across the globe is anticipated to boost
the demand for 2-Methylresorcinol market during the forecast period. Side
effects of chemical ingredients used in hair dyes and colors is the primary
restraint of the 2-Methylresorcinol market. Safety document published by
Scientific Committee on Consumer Products (SCCP) for 2-Methylresorcinol
indicates that it may cause respiratory irritation, serious eye irritation,
and skin irritation. It is also toxic if swallowed.
Based on end-use industry, the 2-Methylresorcinol market can be segmented
into personal care industry, pharmaceutical industry, and chemical
industry. The personal care industry segment accounts for major share of
the 2-Methylresorcinol market. 2-Methylresorcinol is also used in the
synthesis of various chemicals.
In terms of geography, the 2-Methylresorcinol market can be classified in
Asia Pacific, Europe, North America, Latin America, and Middle East & North
Africa (MENA). Europe, North America, and Asia Pacific are significant
regions of the 2-Methylresorcinol market. China is a major manufacturer and
supplier of 2-Methylresorcinol Market.
Key players in operating in the 2-Methylresorcinol market are League Chemicals Co., Ltd., Zhejiang Dragon Chemical Group, Hangzhou Haichem Co Ltd, VKG Oil AS, Sigma-Aldrich/Merck KGaA, Thermo Fischer Scientific Inc, Capot Chemical Co.,Ltd., Tokyo Chemical Industry Co., Ltd., and Jiangsu Dingye Pharmaceutical Co., Ltd.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
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