Para cresol, a colorless to yellow colored organic compound is o-cresol and m-cresol isomer and a derivative of phenol. Para cresol is mainly found in emissions from coal tar, motor vehicle exhaust, petroleum refining or wood pulping. Para cresol has a tar like odor and it is soluble in organic solvents but is volatile on addition to steam. Para cresol is also a contained in human sweat and tobacco smoke. Para cresol has a wide range of applications in various industries like chemical, pharmaceutical and polymer. Para cresol is used as an intermediate for manufacturing of various chemicals in the chemical and pharmaceutical industry. The para cresol is used in cosmetics in the manufacture of anti-microbial agents and perfuming agents.
Para cresol is also used in the production of anti-oxidants of phenolic group like butylated hydroxytoluene (BHT). The antioxidants manufactured using para cresol possess less toxicity and are stainless. Para cresol is also used as flavoring agent in the food and beverage industry. Para cresol is also used in pharmaceutical industry as an intermediate and in the manufacturing of disinfectants like trimethoprim and local antiseptics. Para cresol acts as an aroma ingredient in the manufacture of the perfumes. The plastic and polymer industry uses the para cresol in the manufacturing of resins.
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The growth in the population has led to the growth of pharmaceutical industry. Para cresol has applications in the manufacturing of the disinfectants and other chemicals. The growth in pharmaceutical industry will help in the market growth of para cresol. The fast growing food and beverage industry is likely to help in the growth of sales of para cresol. The use of para cresol in perfumery applications in a variety of personal and home care products will help in sales growth of the para cresol. Due to toxic properties of para cresol, there are some regulations with respect to the transport of para cresol along with feedstuff and food. Para cresol is also a marine pollutant and these transportation factors can slow down the growth of para cresol market. Storage place for para cresol needs to be well equipped with fire extinguishing system and separated from food and oxidants. The storage conditions would increase the cost of the para cresol and affect the sales of para cresol.
The para cresol market can be segmented on the following basis:
Para cresol by application:
- High End Antioxidant
- Aroma Ingredient
- Dye Intermediate
- UV Absorber
- Flavoring Agent
Para cresol by end use industry:
- Food and Beverage
North America has very fast growing food and beverage industry along with pharmaceutical industry. The growth of these two industries is expected to help in creating a good demand for the para cresol. European region has shown a good growth in its chemical, pharmaceutical and food and beverage industries in recent years. The growth of these industries in Europe will provide a platform for the sales growth of para cresol in near future. China and India are another prominent countries with their fast growing chemical, plastic and pharmaceutical industries. These countries also have well established and growing pharmaceutical industries which is expected to help in the growth of market demand for para cresol. Food and beverage and pharmaceutical industries in Japan have shown an appreciable growth in recent years. The growth of these industries in Japan is expected to generate more demand for the para cresol. The Latin America region has a moderately growing food and beverage industry which is expected to help in the growth of para cresol market up to certain extent. Middle East and Africa region has a moderately growing pharmaceutical and chemical industry which is expected to help in the growth of sales of para cresol.
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List of Participants
Some of the participants involved in the para cresol market are listed below:
- Merck KgaA
- Tokyo Chemical Company Co., Ltd
- Atul Ltd
- Konan Chemical Manufacturing Co., Ltd
- Central Drug House
- AA Blocks LLC
- LGC Limited
- Combi-Blocks Inc