The global resorcinol formaldehyde latex market is estimated to grow at the highest CAGR of 3.59% over the forecast period, i.e., 2023-2033. The growth of the market can be attributed to growing use of resorcinol formaldehyde latex market in medical sector, followed by surge in coal consumption. Additionally, rising demand for autonomous vehicles, along with growth for drip irrigation in agriculture is also estimated to boost the growth of the market. The market is estimated to garner a revenue of near to USD 200 Million by the end of 2033, up from a revenue of about USD 100 Million in the year 2022.
The global resorcinol formaldehyde latex market is segmented into numerous segment which includes, segmentation by type, and by application. By application, the market is segmented into tires, power transmission belts, hoses, conveyor belts, diaphragms, and others. By the end of 2033, the tires segment is anticipated to garner the largest revenue of around USD 100 Million, up from a revenue of close to USD 70 Million in the year 2022. Rising demand for autonomous vehicles, which is further estimated to increase the production of tires is the major factor expected to boost the segment growth.
On the basis of region, the global resorcinol formaldehyde latex market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. The market in Asia Pacific, amongst the market in all the other regions, is anticipated to garner the largest revenue of more than USD 130 Million by the end of 2033. Moreover, in the year 2022, the market in the region generated a revenue of over USD 90 Million. The growth of the market in this region can be attributed by rising automotive, mining, and textile industry, along with presence of the largest automotive production base in the globe.
Some of the prominent industry leaders in the global resorcinol formaldehyde latex market that are included in the report are Atul Ltd., Compotex Ltd., Lanxess, SI Group, Inc., Sumitomo Chemical Co., Ltd., ASK Chemicals GmbH, Jiangsu Zhongdan Group Co. Ltd., Nagase ChemteX Corporation, Beaver Manufacturing Company, and others.
The global resorcinol formaldehyde latex market is segmented into numerous segment which includes, segmentation by type, and by application. By application, the market is segmented into tires, power transmission belts, hoses, conveyor belts, diaphragms, and others. By the end of 2033, the tires segment is anticipated to garner the largest revenue of around USD 100 Million, up from a revenue of close to USD 70 Million in the year 2022. Rising demand for autonomous vehicles, which is further estimated to increase the production of tires is the major factor expected to boost the segment growth.
On the basis of region, the global resorcinol formaldehyde latex market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. The market in Asia Pacific, amongst the market in all the other regions, is anticipated to garner the largest revenue of more than USD 130 Million by the end of 2033. Moreover, in the year 2022, the market in the region generated a revenue of over USD 90 Million. The growth of the market in this region can be attributed by rising automotive, mining, and textile industry, along with presence of the largest automotive production base in the globe.
Some of the prominent industry leaders in the global resorcinol formaldehyde latex market that are included in the report are Atul Ltd., Compotex Ltd., Lanxess, SI Group, Inc., Sumitomo Chemical Co., Ltd., ASK Chemicals GmbH, Jiangsu Zhongdan Group Co. Ltd., Nagase ChemteX Corporation, Beaver Manufacturing Company, and others.
Table of Contents
1. An Introduction to Research Study1.1. Preface
1.2. Market Taxonomy
1.3. Definition of the Market & Segments
1.4. Acronyms & Assumptions
2. Research Procedure
2.1. Sources of Data
2.1.1. Secondary
2.1.2. Primary
2.2. Calculation and Derivation of Market Size
2.2.1. Top-Down Approach
2.2.2. Bottom-up Approach
3. Abstract of the Report- Global Resorcinol Formaldehyde Latex Market
4. Evaluation of Market Fluctuations and Outlook
4.1. Market Growth Drivers
4.2. Market Growth Deflation
4.3. Market Trends
5. Regulatory and Standards Landscape
5.1. Manufacturing Standards & Compliances
5.2. Environmental Compliances
6. Economic Outlook
7. Technological Shift and Implementation Analysis
8. Industry Value Chain Analysis
8.1. Manufacturing
8.2. Distribution
8.3. End User Outlook
9. Impact of COVID-19 on the Resorcinol Formaldehyde Latex Market
9.1. Impact on the Overall Market
9.2. Impact on the Demand
9.3. Impact on the Supply & Distribution
9.4. Impact on the Key Market Players
9.5. Impact on the Pricing
10. Patent Analysis
11. EXIM Analysis
12. Regional Demand Analysis
13. Competitive Positioning
14. Comprehensive Analysis of Leading Players in the Market
14.1. Market Share Analysis, 2022
14.2. Benchmarking of the Competitors
14.3. Profile of the Major Vendors
14.3.1. Atul Ltd.
14.3.2. JIANGSU ZHONGDAN GROUP CO., LTD
14.3.3. Lanxess
14.3.4. Compotex Ltd.
14.3.5. SI Group, Inc.
14.3.6. Beaver Manufacturing Company
14.3.7. Profile of Key Japanese Players
14.3.7.1. Sumitomo Chemical Co., Ltd
14.3.7.2. ASK Chemicals GmbH
14.3.7.3. Nagase ChemteX Corporation
14.3.7.4. Other Prominent Players
15. Global Resorcinol Formaldehyde Latex Market Valuation, Business Viewpoint and Forecast, 2022-2033, Worldwide Factors Fostering the Industry Growth
15.1. Market Summary
15.2. Market Value (USD Million) Current and Future Projections, 2022-2033
15.3. Market Volume (Tons) Current and Future Projections, 2022-2033
15.4. Market Increment $ Opportunity Assessment, 2022-2033
15.5. Year on Year Growth Forecast (%)
15.6. Global Resorcinol Formaldehyde Latex Market Valuation, Business Viewpoint and Forecast, 2022-2033
15.6.1. By Type
15.6.1.1. Rayon Market Value (USD Million) & Volume (Tons) Current and Future Projections, 2022-2033
15.6.1.2. Nylon Market Value (USD Million) & Volume (Tons) Current and Future Projections, 2022-2033
15.6.1.3. Fiberglass Market Value (USD Million) & Volume (Tons) Current and Future Projections, 2022-2033
15.6.1.4. Polyester Market Value (USD Million) & Volume (Tons) Current and Future Projections, 2022-2033
15.6.1.5. Others Market Value (USD Million) & Volume (Tons) Current and Future Projections, 2022-2033
15.6.2. By Application
15.6.2.1. Tires Market Value (USD Million) & Volume (Tons) Current and Future Projections, 2022-2033
15.6.2.2. Power Transmission Belts Market Value (USD Million) & Volume (Tons) Current and Future Projections, 2022- 2033
15.6.2.3. Hoses Market Value (USD Million) & Volume (Tons) Current and Future Projections, 2022-2033
15.6.2.4. Conveyor Belts Market Value (USD Million) & Volume (Tons) Current and Future Projections, 2022-2033
15.6.2.5. Diaphragms Market Value (USD Million) & Volume (Tons) Current and Future Projections, 2022-2033
15.6.2.6. Others Market Value (USD Million) & Volume (Tons) Current and Future Projections, 2022-2033
15.6.3. Global Resorcinol Formaldehyde Latex Market, By Region, 2021 -2031
15.6.3.1. North America, 2022-2033F (USD million & Tons)
15.6.3.2. Latin America, 2022-2033F (USD million & Tons)
15.6.3.3. Europe, 2022-2033F (USD million & Tons)
15.6.3.4. Asia-Pacific Excluding Japan, 2022-2033F (USD million & Tons)
15.6.3.5. Japan, 2022-2033F (USD million & Tons)
16. Cross Analysis of Type w.r.to. Application (USD Million & Tons), 2022
17. North America Resorcinol Formaldehyde Latex Market Valuation, Business Viewpoint and Forecast, 2022-2033
17.1. Outline of the Segment
17.2. Detailed Overview
17.3. List of key Players
17.3.1. By Type
17.3.1.1. Rayon Market Value (USD Million) & Volume (Tons) Current and Future Projections, 2022-2033
17.3.1.2. Nylon Market Value (USD Million) & Volume (Tons) Current and Future Projections, 2022-2033
17.3.1.3. Fiberglass Market Value (USD Million) & Volume (Tons) Current and Future Projections, 2022-2033
17.3.1.4. Polyester Market Value (USD Million) & Volume (Tons) Current and Future Projections, 2022-2033
17.3.1.5. Others Market Value (USD Million) & Volume (Tons) Current and Future Projections, 2022-2033
17.3.2. By Application
17.3.2.1. Tires Market Value (USD Million) & Volume (Tons) Current and Future Projections, 2022-2033
17.3.2.2. Power Transmission Belts Market Value (USD Million) & Volume (Tons) Current and Future Projections, 2022- 2033
17.3.2.3. Hoses Market Value (USD Million) & Volume (Tons) Current and Future Projections, 2022-2033
17.3.2.4. Conveyor Belts Market Value (USD Million) & Volume (Tons) Current and Future Projections, 2022-2033
17.3.2.5. Diaphragms Market Value (USD Million) & Volume (Tons) Current and Future Projections, 2022-2033
17.3.2.6. Others Market Value (USD Million) & Volume (Tons) Current and Future Projections, 2022-2033
17.3.3. Country
17.3.3.1. U.S., 2022-2033F (USD million & Tons)
17.3.3.2. Canada, 2022-2033F (USD million & Tons)
18. Latin America Resorcinol Formaldehyde Latex Market Valuation, Business Viewpoint and Forecast, 2022-2033
18.1. Outline of the Segment
18.2. Detailed Overview
18.3. List of key Players
18.3.1. By Type
18.3.2. By Application
18.3.3. By Country
18.3.3.1. Brazil, 2022-2033F (USD million & Tons)
18.3.3.2. Argentina, 2022-2033F (USD million & Tons)
18.3.3.3. Mexico, 2022-2033F (USD million & Tons)
18.3.3.4. Rest of Latin America, 2022-2033F (USD million & Tons)
19. Europe Resorcinol Formaldehyde Latex Market Valuation, Business Viewpoint and Forecast, 2022-2033
19.1. Outline of the Segment
19.2. Detailed Overview
19.3. List of key Players
19.3.1. By Type
19.3.2. By Application
19.3.3. By Country
19.3.3.1. U.K., 2022-2033F (USD million & Tons)
19.3.3.2. Germany, 2022-2033F (USD million & Tons)
19.3.3.3. Italy, 2022-2033F (USD million & Tons)
19.3.3.4. France, 2022-2033F (USD million & Tons)
19.3.3.5. Spain, 2022-2033F (USD million & Tons)
19.3.3.6. Russia, 2022-2033F (USD million & Tons)
19.3.3.7. Netherland, 2022-2033F (USD million & Tons)
19.3.3.8. Rest of Europe, 2022-2033F (USD million & Tons)
20. Asia Pacific Excluding Japan Resorcinol Formaldehyde Latex Market Valuation, Business Viewpoint and Forecast, 2022-2033
20.1. Outline of the Segment
20.2. Detailed Overview
20.3. List of key Players
20.3.1. By Type
20.3.2. By Application
20.3.3. Country
20.3.3.1. Australia, 2022-2033F (USD million & Tons)
20.3.3.2. Singapore, 2022-2033F (USD million & Tons)
20.3.3.3. South Korea 2022-2033F (USD million & Tons)
20.3.3.4. India, 2022-2033F (USD million & Tons)
20.3.3.5. China, 2022-2033F (USD million & Tons)
20.3.3.6. Rest of Asia Pacific, 2022-2033F (USD million & Tons)
21. Japan Resorcinol Formaldehyde Latex Market Valuation, Business Viewpoint and Forecast, 2022-2033
21.1. Outline of the Segment
21.2. Detailed Overview
21.3. List of key Player
21.3.1. By Type
21.3.2. By Application
22. Middle East & Africa Resorcinol Formaldehyde Latex Market Valuation, Business Viewpoint and Forecast, 2022-2033
22.1. Outline of the Segment
22.2. Detailed Overview
22.3. List of key distributors
22.3.1. By Type
22.3.2. By Application
22.3.3. Country
22.3.3.1. GCC, 2022-2033F (USD million & Tons)
22.3.3.2. Israel, 2022-2033F (USD million & Tons)
22.3.3.3. South Africa, 2022-2033F (USD million & Tons)
22.3.3.4. Rest of Middle East & Africa, 2022-2033F (USD million & Tons)
Companies Mentioned
- Atul Ltd.
- Compotex Ltd.
- Lanxess
- SI Group Inc.
- Sumitomo Chemical Co. Ltd.
- ASK Chemicals GmbH
- Jiangsu Zhongdan Group Co. Ltd.
- Nagase ChemteX Corporation
- Beaver Manufacturing Company
