Resorcinol, a vital organic compound, plays a crucial role in various industries, including automotive, pharmaceuticals, and cosmetics. Understanding the price trends of resorcinol is essential for manufacturers, traders, and procurement professionals to make informed decisions. This article delves into the quarterly price movements of resorcinol across key markets, forecasts its growth trajectory, examines demand-supply dynamics, and highlights the leading global suppliers.
Resorcinol Market CAGR and Growth Forecast 2025
The global resorcinol market is projected to grow at a Compound Annual Growth Rate (CAGR) of 2.22% from 2025 to 2033 . This growth is driven by increasing demand in sectors such as automotive (particularly tire manufacturing), pharmaceuticals, and construction. The Asia-Pacific region, especially China and India, is expected to dominate the market due to rapid industrialization and urbanization.
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Resorcinol Price Trend Analysis
Resorcinol Price in China Market: Quarterly Trends & Analysis
- Q1 2024: The Chinese market experienced stable resorcinol prices, with minor fluctuations due to steady demand from the automotive and pharmaceutical sectors.
- Q2 2024: Prices saw a slight increase, attributed to rising raw material costs and logistical challenges.
- Q3 2024: A significant surge in prices occurred, driven by supply chain disruptions and increased export demand.
- Q4 2024: Prices remained elevated as manufacturers faced challenges in meeting the high demand, leading to a seller’s market.
- Q1 2025: Prices stabilized with improved supply chains and moderated demand.
- Q2 2025: A slight dip in prices was observed due to decreased demand post-holiday season and increased production capacities.
Resorcinol Price in USA Market: Quarterly Trends & Analysis
- Q1 2024: The U.S. market witnessed steady prices, supported by consistent demand from the construction and healthcare sectors.
- Q2 2024: Prices increased marginally due to higher import costs and raw material price hikes.
- Q3 2024: A sharp rise in prices was noted, influenced by supply chain bottlenecks and increased fuel costs.
- Q4 2024: Prices peaked as domestic production struggled to meet the growing demand, leading to supply shortages.
- Q1 2025: Prices began to stabilize with the resolution of some supply chain issues.
- Q2 2025: A slight decrease in prices occurred as imports increased and domestic production ramped up.
Resorcinol Price in India Market: Quarterly Trends & Analysis
- Q1 2024: Indian prices remained stable, with steady demand from the pharmaceutical and automotive industries.
- Q2 2024: A minor increase in prices was observed due to rising import costs and currency fluctuations.
- Q3 2024: Prices surged significantly, driven by an anti-dumping probe and supply constraints.
- Q4 2024: Prices remained high as the market adjusted to the new import regulations and supply shortages.
- Q1 2025: A slight decrease in prices was noted with the easing of regulatory pressures.
- Q2 2025: Prices stabilized as domestic production increased and import channels normalized.
Resorcinol Price in Germany Market: Quarterly Trends & Analysis
- Q1 2024: The German market experienced stable prices, supported by steady demand from the automotive and chemical sectors.
- Q2 2024: Prices increased slightly due to rising raw material costs and logistical challenges.
- Q3 2024: A moderate rise in prices was observed, influenced by supply chain disruptions and increased export demand.
- Q4 2024: Prices remained elevated as manufacturers faced challenges in meeting the high demand.
- Q1 2025: Prices stabilized with improved supply chains and moderated demand.
- Q2 2025: A slight dip in prices was observed due to decreased demand and increased production capacities.
Resorcinol Price in Brazil Market: Quarterly Trends & Analysis
- Q1 2024: Brazilian prices remained stable, with steady demand from the construction and automotive sectors.
- Q2 2024: Prices saw a slight increase, attributed to rising raw material costs and logistical challenges.
- Q3 2024: A significant surge in prices occurred, driven by supply chain disruptions and increased export demand.
- Q4 2024: Prices remained elevated as manufacturers faced challenges in meeting the high demand.
- Q1 2025: Prices stabilized with improved supply chains and moderated demand.
- Q2 2025: A slight dip in prices was observed due to decreased demand and increased production capacities.
Resorcinol Price in UAE Market: Quarterly Trends & Analysis
- Q1 2024: UAE prices remained stable, with steady demand from the pharmaceutical and automotive industries.
- Q2 2024: A minor increase in prices was observed due to rising import costs and currency fluctuations.
- Q3 2024: Prices surged significantly, driven by supply chain disruptions and increased export demand.
- Q4 2024: Prices remained high as the market adjusted to the new import regulations and supply shortages.
- Q1 2025: A slight decrease in prices was noted with the easing of regulatory pressures.
- Q2 2025: Prices stabilized as domestic production increased and import channels normalized.
Resorcinol Market Outlook and Demand-Supply Dynamics
The resorcinol market is poised for steady growth, with demand driven by applications in tire manufacturing, pharmaceuticals, and construction. However, supply chain challenges and regulatory restrictions in regions like Japan and the EU may impact market dynamics . Manufacturers are focusing on optimizing production processes and exploring alternative supply sources to meet the growing demand.
Key Influential Factors Impacting Resorcinol Prices
Several factors influence resorcinol prices:
- Raw Material Costs: Fluctuations in the prices of raw materials like benzene and sulfuric acid impact production costs.
- Production Costs: Energy prices and labor costs affect manufacturing expenses.
- Regulatory Policies: Environmental regulations and import restrictions can influence market prices.
- Logistics Challenges: Supply chain disruptions and transportation costs affect product availability and pricing.
Top 10 Global Suppliers of Resorcinol
- Sumitomo Chemical Co., Ltd. (Japan): A leading producer with a strong presence in the Asian market.
- Indspec Chemical Corporation (USA)
- Based in the United States, Indspec is one of the oldest resorcinol manufacturers, well known for supplying high-purity grades to the automotive and adhesive industries. Their strategic location enables smooth exports to North America and parts of Europe.
- Mitsui Chemicals, Inc. (Japan)
A key player in the Asia-Pacific region, Mitsui Chemicals supplies resorcinol used across electronics and rubber applications. The company benefits from an extensive logistics network and vertically integrated production. - Tokyo Chemical Industry Co., Ltd. (Japan)
Specializing in laboratory-grade and industrial-grade resorcinol, TCI provides tailored solutions to pharmaceutical and research-based end-users worldwide. Their small-batch capability helps fulfill niche, high-value demands. - Lanxess AG (Germany)
Lanxess plays a crucial role in supplying resorcinol to Europe, focusing on specialty chemicals for automotive, construction, and industrial adhesives. Their sustainable production practices appeal to European regulators and eco-conscious manufacturers. - AlzChem Group AG (Germany)
Known for its diverse product portfolio, AlzChem produces intermediate chemicals like resorcinol with applications in metallurgy and electronics. Their strong European distribution network supports timely delivery and competitive pricing. - Fujian Zhongjing Petrochemical (China)
A rising supplier in Asia, Zhongjing is rapidly expanding production capacity to cater to domestic and export markets. Their resorcinol is used widely in resin production and UV stabilizers. - Seiko Chemical Co., Ltd. (Japan)
Seiko offers high-quality resorcinol primarily for high-performance applications in medical and rubber compounds. They are recognized for their purity standards and consistent supply chain. - Samir Tech-Chem Pvt Ltd. (India)
A growing exporter, Samir Tech-Chem supplies resorcinol to emerging markets across the Middle East, Africa, and Latin America. Their price-competitive offerings are suitable for cost-sensitive markets.
Regional Overview of the Resorcinol Market
Asia-Pacific
The Asia-Pacific resorcinol market, especially in China, India, and Japan, is witnessing robust growth driven by increasing demand in tire manufacturing, construction adhesives, and UV-resistant coatings. China’s local production capacity supports export competitiveness, while Japan’s market is regulated and driven by high-end applications.
Europe
Europe’s resorcinol market is influenced heavily by environmental regulations. Germany and France lead in demand due to their advanced automotive sectors. European suppliers are focusing on green chemistry and sustainable production, pushing up production costs but supporting long-term growth.
North America
The North American market, primarily driven by the USA, benefits from consistent demand in wood adhesives and pharmaceuticals. Prices are closely tied to energy and transportation costs, and any disruption—like port delays or crude oil spikes—can directly influence price trends.
Latin America
Brazil is the key player in Latin America, where the demand is rising steadily from the agriculture and chemical industries. However, limited local production capacity means the region relies heavily on imports, leading to price volatility.
Middle East & Africa
The Middle East & Africa region sees growing demand for resorcinol in construction chemicals and personal care products. UAE serves as a hub for re-exporting to surrounding countries, although pricing is influenced by currency fluctuations and shipping costs.
Mid-Year Market Snapshot: Notable Observations
During mid-2024, global resorcinol prices experienced a temporary surge across all regions. This was mainly due to an unexpected shortage of benzene—a key feedstock—caused by refinery shutdowns in Asia and Europe. The resulting spike led to resorcinol price increases of 8–12% in Q3 2024 in markets like China, India, and the USA. Prices normalized slightly by Q4 2024, but the ripple effects highlighted the market’s vulnerability to upstream supply shocks.
Final Words
This Resorcinol price trend analysis provides deep insight into quarterly pricing, global demand, and supplier positioning across major regions. Understanding country-wise price movements—such as the resorcinol price in China market, USA, India, and beyond—helps buyers and industry stakeholders make informed decisions.
As the Resorcinol market continues to evolve, procurement teams and manufacturers must stay updated on supply chain disruptions, feedstock availability, and regulatory changes. The ongoing shift toward sustainable production and growing demand across automotive, construction, and pharma sectors point to a steadily expanding global market.
For businesses looking to gain an edge, keeping a close watch on the resorcinol price trend analysis across quarters and regions will be essential. With emerging suppliers in Asia and strategic expansions by global players, the next few years will be crucial in shaping the price dynamics and supply networks of this versatile compound.
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