Cresols Market Size

Cresols Market size was over USD 759.74 million in 2024 and is poised to exceed USD 1249.3 million by 2037, witnessing over 3.9% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of cresols is evaluated at USD 783.44 million.

The growing need for chemicals across the globe is expected to augment the demand for cresols, which are a manufactured group of chemicals that can be used in several applications. Moreover, over the past ten years, there has been a notable expansion in the global chemical industry owing to the technological developments that have resulted in the creation of new chemical products and processes, as well as an increase in the need for primary chemicals and a wide range of chemical products, including plastics.

As per the International Energy Agency, the demand for high-value chemicals has increased by 3.0% yearly during the last ten years.