Global resorcinol market is expected to grow owing to increasing demand from automotive industry. Key applications in automotive industry include tires manufacturing for trucks, passenger cars, conveyor belts and other rubber mechanical goods such as driving belts. Other end-use industries involving resorcinol application include construction, personal care, pharmaceutical and chemical. Resorcinol is used in dyestuff, creams, agricultural chemicals, explosive primers and flame retardants. Also, resorcinol is used in high quality wood binding in adhesives and specialty chemicals production as screening agents. Aforementioned applications are anticipated to positively impact resorcinol market growth over the forecast period. Hazardous nature in terms of toxicity is expected to hamper resorcinol market growth and pose challenges to industry participants over the forecast period. Waste disposal methods are to be followed in accordance with local as well as federal regulations. High waste d
http://www.grandviewresearch.com/industry-analysis/resorcinol-market
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