Resorcinol

Resorcinol Market Outlook

The global resorcinol market is projected to reach approximately USD 1.2 billion by 2035, growing at a CAGR of around 4.5% during the forecast period from 2025 to 2035. This expansion is primarily driven by the increasing demand for resorcinol in various applications such as adhesives and rubber products, as well as its prominent use in the cosmetics and pharmaceutical industries. The rising adoption of sustainable and high-performance materials in manufacturing processes further enhances the market potential. Additionally, innovations in product formulations and the growing trend toward eco-friendly products present significant opportunities for market growth. Environmental regulations and the shift toward sustainable practices in various industries are also propelling the demand for resorcinol-based products.

Growth Factor of the Market

The growth of the resorcinol market can be attributed to a combination of factors that cater to the evolving needs of multiple industries. Firstly, the automotive sector's increasing reliance on high-performance tires, which incorporate resorcinol to improve adhesion and durability, is a crucial driver. Furthermore, the expansion of the construction industry, where resorcinol is used in wood adhesives and structural materials, provides a significant boost to market growth. In addition, the cosmetics and personal care industry is increasingly utilizing resorcinol for its effectiveness in hair dyes and skincare formulations, which enhances the overall market appeal. The rising consumer preference for eco-friendly and sustainable products is also pushing manufacturers to innovate and develop resorcinol formulations that meet these criteria. Lastly, the pharmaceutical industry's use of resorcinol in various therapeutic applications creates a consistent demand that further supports market expansion.

Key Highlights of the Market

• Expected to reach USD 1.2 billion by 2035, growing at a CAGR of 4.5%.
• Significant demand from automotive and construction sectors for high-performance materials.
• Increasing usage of resorcinol in cosmetics and personal care products.
• Shift towards sustainable and eco-friendly formulations driving innovation.
• Stable growth in pharmaceutical applications, supporting consistent market demand.

By Product Type

Resorcinol Wet Resins:

Resorcinol wet resins are utilized primarily in the production of robust and durable adhesives that require water resistance and high bonding strength. These resins are especially prominent in the automotive and construction industries, where they are employed in assembling rubber products and structural wood components. The ability of wet resins to enhance flexibility and durability in adhesives makes them a preferred choice among manufacturers. Furthermore, as industries continue to prioritize high-performance bonding solutions, the demand for resorcinol wet resins is anticipated to rise, driven by technological advancements and the need for enhanced product functionality.

Resorcinol Dry Resins:

Resorcinol dry resins are specifically formulated for applications requiring solid adhesives with superior thermal stability and chemical resistance. These resins are widely used in the production of laminated wood, automotive components, and various industrial applications. The increasing emphasis on lightweight and high-strength materials in the automotive and aerospace sectors further enhances the demand for dry resins. Additionally, with growing environmental awareness, manufacturers are increasingly looking for eco-friendly options, and resorcinol dry resins, which can be formulated without harmful solvents, are gaining traction in the market.

Resorcinol Adhesives:

Resorcinol adhesives are known for their excellent bonding properties and are extensively used in a range of applications, from woodworking to the automotive industry. These adhesives provide strong, durable bonds that can withstand moisture and temperature variations, making them ideal for high-performance applications. The rising demand for engineered wood products and composite materials significantly fuels the growth of this segment. Additionally, the increasing trend of using resorcinol adhesives in manufacturing processes that prioritize sustainability is likely to further stimulate market growth, as companies seek to improve adhesive performance without compromising environmental integrity.

Resorcinol Cosmetics:

In the cosmetics and personal care industry, resorcinol is primarily used in hair dyes and skincare formulations, owing to its effective properties as a colorant and its ability to rejuvenate skin. The increasing consumer awareness regarding the benefits of using high-quality and effective cosmetic products is driving the demand for resorcinol in this sector. Moreover, the trend towards natural and organic ingredients in cosmetics has led manufacturers to explore resorcinol formulations that align with these preferences. As the cosmetics market continues to expand, the use of resorcinol in innovative formulations is expected to see substantial growth.

Resorcinol Pharmaceuticals:

Resorcinol is widely recognized for its medicinal properties and is used in various pharmaceutical applications, including topical treatments for skin disorders. Its antiseptic and anti-inflammatory properties make it a valuable ingredient in formulations aimed at treating acne, eczema, and other skin conditions. The growing prevalence of skin-related health issues and the demand for effective treatments are driving the expansion of this segment. Furthermore, continuous research and development in pharmaceutical applications are likely to uncover new uses for resorcinol, thereby contributing to market growth in this area.

By Application

Rubber Products:

The application of resorcinol in rubber products is primarily focused on improving adhesion and enhancing durability in tires and rubber components. Resorcinol-based adhesives are utilized to bond rubber to other materials, such as textiles and metals, which is critical in tire manufacturing. Additionally, the rising demand for high-performance tires that provide better fuel efficiency and longer lifespan significantly drives the need for resorcinol in this application. As the automotive industry shifts towards more sustainable practices, resorcinol's role in the performance enhancement of rubber products will likely become increasingly important.

Wood Adhesives:

Wood adhesives are another significant application for resorcinol, particularly in the production of engineered wood products and furniture. The strong bonding properties, moisture resistance, and durability offered by resorcinol-based adhesives make them ideal for woodworking applications. With the growing trend toward sustainable building materials and environmentally friendly construction practices, the demand for high-quality wood adhesives that utilize resorcinol is expected to rise. As consumer preferences shift towards engineered wood products, resorcinol's ability to provide strong and long-lasting bonds will further enhance its market presence in this sector.

UV Absorbers:

Resorcinol is also employed as a UV absorber in various formulations, helping to protect products from the harmful effects of ultraviolet radiation. This application is particularly relevant in industries such as coatings, plastics, and cosmetics, where UV stability is essential for product longevity and aesthetics. As consumer awareness regarding UV protection increases, the demand for effective UV absorbers, including resorcinol, is expected to grow. Moreover, the development of advanced formulations that incorporate resorcinol for enhanced UV protection will likely stimulate further market expansion in this application area.

Hair Dyes:

In the hair care industry, resorcinol is widely used as a key ingredient in hair dyes and coloring products due to its effective dyeing properties. It allows for a wide range of shades and hues, catering to the diverse preferences of consumers. The increasing trend toward personal grooming and the desire for vibrant hair colors are driving the demand for hair dye products containing resorcinol. Additionally, with the growing popularity of professional hair coloring services, the market for resorcinol in hair dyes is expected to continue to flourish as consumers seek high-quality and reliable coloring solutions.

Skincare Products:

The skincare segment is another area where resorcinol is gaining traction due to its beneficial properties for treating various skin conditions. Its inclusion in formulations for acne treatment, anti-aging products, and skin brightening solutions highlights its utility in the personal care market. As consumers increasingly prioritize skincare routines and seek effective solutions for various skin concerns, the demand for resorcinol in skincare products is expected to rise. Furthermore, the trend towards incorporating active ingredients in cosmetics will likely enhance resorcinol's appeal as a versatile and effective ingredient.

By Distribution Channel

Online Stores:

The rise of e-commerce has significantly transformed the distribution landscape for resorcinol-based products. Online stores provide consumers with easy access to a wide variety of resorcinol applications, including cosmetics, adhesives, and pharmaceuticals. The convenience of online shopping, coupled with the ability to compare prices and products, has led to increased sales through this channel. Additionally, the ongoing digitalization of retail has allowed manufacturers to reach a broader audience, further driving the growth of resorcinol in the online marketplace. As more consumers turn to online shopping, this distribution channel is expected to become increasingly vital for market participants.

Specialty Stores:

Specialty stores focus on niche markets and offer specific products tailored to consumer needs. In the context of the resorcinol market, these stores often stock high-quality resorcinol formulations for cosmetics, pharmaceuticals, and industrial applications. This targeted approach allows consumers to find specialized products that might not be available in mainstream retail outlets. The growth of niche markets and the increasing emphasis on quality over quantity are likely to enhance the relevance of specialty stores in the resorcinol distribution landscape, as consumers seek out premium and effective formulations.

Direct Sales:

Direct sales involve manufacturers selling their products directly to consumers or businesses, bypassing traditional retail channels. This distribution method allows for better control over pricing and marketing while enabling companies to build direct relationships with their customers. In the resorcinol market, direct sales can be particularly beneficial for manufacturers focusing on specific applications, such as pharmaceuticals or cosmetics, where educating the customer about product benefits is crucial. As companies aim to strengthen customer loyalty and improve their service offerings, the importance of direct sales in the resorcinol market is expected to increase.

Distributors:

Distributors play a critical role in the resorcinol market by connecting manufacturers with retailers and end-users. They provide logistical support and ensure that products reach various markets efficiently. Established distribution networks allow manufacturers to expand their reach and penetrate new markets, particularly in regions where direct sales might be challenging. The reliance on distributors is likely to continue, as they offer expertise in navigating local regulations and market dynamics, thus facilitating the growth of the resorcinol market.

Wholesalers:

Wholesalers act as intermediaries, purchasing resorcinol products in bulk from manufacturers and selling them to retailers or other businesses. This model allows manufacturers to focus on production while wholesalers manage the distribution process. The growing trend towards bulk purchasing and the preference for cost-effective procurement strategies are expected to drive the demand for wholesalers in the resorcinol market. As businesses seek to minimize costs and streamline their supply chains, the role of wholesalers is likely to become increasingly significant in facilitating access to resorcinol products.

By Ingredient Type

Resorcinol-Formaldehyde Resin:

Resorcinol-formaldehyde resin is a widely used ingredient in the production of high-performance adhesives and coatings. This resin provides exceptional bonding strength and durability, making it ideal for applications in construction and automotive industries. The growing demand for reliable and robust adhesive solutions is a key factor driving the adoption of resorcinol-formaldehyde resin. Moreover, the emphasis on lightweight and strong materials in manufacturing is further contributing to the growth of this segment, as companies seek out high-quality resins that can deliver superior performance in various applications.

Resorcinol-Sulfur Resin:

Resorcinol-sulfur resin is used primarily in rubber applications, particularly for enhancing the adhesion of rubber to metal and textile substrates. This resin plays a crucial role in improving the performance and longevity of rubber products, such as tires and belts. The increasing demand for high-quality, durable rubber products in the automotive and industrial sectors is driving the growth of this ingredient type. Additionally, as manufacturers continue to prioritize performance enhancement and sustainability, the relevance of resorcinol-sulfur resin in the market is expected to rise significantly in the coming years.

Resorcinol-Acetone Resin:

Resorcinol-acetone resin is known for its excellent thermal stability and chemical resistance, making it a preferred choice for various industrial applications. This resin is often utilized in the production of coatings and adhesives that require high performance in demanding environments. The ongoing trend toward industrial applications emphasizing durability and sustainability is likely to propel the demand for resorcinol-acetone resin in the market. As industries continue to evolve and seek innovative solutions, this segment is expected to witness significant growth driven by advancements in resin formulations.

Resorcinol-Phenol Resin:

Resorcinol-phenol resin is utilized in various applications where strong bonding and excellent resistance to environmental factors are required. This resin is commonly used in construction and automotive sectors, providing reliable adhesive solutions for bonding dissimilar materials. The growing focus on performance-driven products, especially in demanding conditions, is expected to boost the adoption of resorcinol-phenol resin in the market. Furthermore, as industries increasingly seek effective solutions to meet stringent performance criteria, the relevance of this ingredient type will likely continue to grow.

Resorcinol-Epoxy Resin:

Resorcinol-epoxy resin is favored in applications that require high adhesion and chemical resistance, particularly in harsh environments. This resin is frequently employed in coatings, adhesives, and composite materials, where durability and long-lasting performance are essential. The rising demand for advanced adhesive solutions across various industries, including automotive and construction, is driving the growth of resorcinol-epoxy resin. As market participants continue to innovate and improve resin formulations, the potential for this segment to expand within the resorcinol market remains strong.

By Region

The North American resorcinol market is poised for substantial growth over the coming years, driven by a robust automotive sector and increasing demand for high-performance adhesives. The region is projected to account for approximately 30% of the global resorcinol market share by 2035, with a CAGR of around 4.7%. The presence of key players and a strong focus on innovation within the adhesive and cosmetics industries contribute significantly to the market's expansion. Additionally, growing environmental concerns and the push for sustainable products are further influencing the demand for resorcinol-based applications in North America.

Europe is anticipated to remain a leading player in the resorcinol market, accounting for nearly 28% of the total market share by 2035. The region's stringent environmental regulations and consumer preference for sustainable and eco-friendly products are driving the adoption of resorcinol in various applications, including cosmetics and wood adhesives. Furthermore, the increasing focus on research and development in the chemical sector in Europe is likely to spur innovations that enhance the functionality and performance of resorcinol products, thereby supporting market growth in this region. The CAGR for the European resorcinol market is expected to be approximately 4.3% during the forecast period.

Opportunities

The resorcinol market is witnessing numerous opportunities, particularly in the context of innovation and sustainability trends. As industries across the globe shift towards eco-friendly and sustainable materials, the demand for resorcinol-based products that meet these criteria is anticipated to grow. Companies are investing in research and development initiatives to formulate resorcinol products that align with consumer preferences for environmentally responsible solutions. This shift towards sustainability not only presents a significant opportunity for growth but also encourages collaboration among manufacturers and suppliers to create innovative products that meet regulatory requirements and consumer expectations. Furthermore, the expanding applications of resorcinol in the cosmetics and personal care sector, particularly in hair and skin care formulations, offer additional avenues for market expansion.

Moreover, the ongoing advancements in technology and manufacturing processes can unlock new potential in the resorcinol market. For instance, the development of more efficient production methods that reduce waste and improve yield can drive down costs and increase competitiveness for manufacturers. Additionally, the rise of digital marketing and e-commerce platforms enables companies to reach a wider audience and capitalize on growing consumer demand for specialty resorcinol products. As the market continues to evolve, the combination of innovation, sustainability, and technological advancements creates a fertile ground for opportunities that can significantly enhance the overall market landscape.

Threats

Despite the promising growth prospects in the resorcinol market, several threats may hinder its expansion. One of the primary challenges is the volatility of raw material prices, which can lead to increased production costs and subsequently affect market prices. Fluctuations in the supply chain, influenced by geopolitical factors and trade restrictions, can further complicate the sourcing of essential ingredients for resorcinol production. Additionally, the emergence of alternative materials and chemicals that can replace resorcinol in certain applications poses a threat to market stability, as manufacturers may opt for cost-effective and readily available substitutes. As competition intensifies, companies must continuously innovate and differentiate their products, which can necessitate significant investments in research and development.

Moreover, regulatory challenges and compliance issues related to environmental standards can also pose risks to the resorcinol market. As governments worldwide implement stricter regulations to reduce environmental impact, manufacturers might face increased scrutiny regarding their production processes and product formulations. Non-compliance can result in penalties and damage to brand reputation, ultimately affecting market demand. To navigate these threats effectively, companies operating in the resorcinol market must remain agile, adapting their strategies to align with evolving industry trends and regulatory landscapes.

Competitor Outlook

• Hexion Inc.
• Momentive Performance Materials Inc.
• Indspec Chemical Corporation
• Shree Renuka Sugars Ltd.
• Kraton Corporation
• Eastman Chemical Company
• Perstorp Holding AB
• Huntsman Corporation
• Solvay S.A.
• Rütgers Group
• Vantico AG
• Aditya Birla Chemicals
• BASF SE
• Kraton Polymers
• DSM Nutritional Products

The competitive landscape of the resorcinol market is characterized by a mix of established players and emerging companies striving for market share through innovation and strategic partnerships. Major companies are constantly focusing on enhancing their product offerings and improving manufacturing processes to differentiate themselves in a crowded marketplace. For instance, many players are investing in research and development to create high-performance resorcinol formulations that cater to specific customer needs, such as improved sustainability and greater functionality. This commitment to innovation not only enhances their competitive positioning but also contributes to the overall growth of the market.

Key players in the resorcinol market, such as Hexion Inc. and Momentive Performance Materials, have established themselves as leaders through their diverse product portfolios and strong market presence. Hexion Inc., for example, offers a wide range of resorcinol-based products, including adhesives and coatings, with a focus on sustainable and high-performance solutions. Similarly, Momentive Performance Materials emphasizes technology-driven innovations in resorcinol applications to cater to evolving market demands. These companies leverage their extensive research capabilities and industry expertise to stay ahead in a rapidly changing environment.

Additionally, companies like Indspec Chemical Corporation and Huntsman Corporation are also making significant strides in the resorcinol market by expanding their production capacities and exploring new applications for their products. Indspec, for instance, has been focusing on enhancing its production processes to improve efficiency while minimizing environmental impacts. Huntsman Corporation, on the other hand, is exploring innovative applications for resorcinol in various industries, ensuring it remains relevant amid changing consumer preferences. The competitive landscape is expected to evolve further as these companies adapt to market demands and seize opportunities in the burgeoning resorcinol sector.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 BASF SE
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Vantico AG
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Hexion Inc.
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Solvay S.A.
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Kraton Polymers
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Kraton Corporation
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Perstorp Holding AB
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Huntsman Corporation
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Rütgers Group
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Aditya Birla Chemicals
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 DSM Nutritional Products
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Eastman Chemical Company
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Shree Renuka Sugars Ltd.
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Indspec Chemical Corporation
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Momentive Performance Materials Inc.
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Resorcinol Market, By Application
    • 6.1.1 Rubber Products
    • 6.1.2 Wood Adhesives
    • 6.1.3 UV Absorbers
    • 6.1.4 Hair Dyes
    • 6.1.5 Skincare Products
  • 6.2 Resorcinol Market, By Product Type
    • 6.2.1 Resorcinol Wet Resins
    • 6.2.2 Resorcinol Dry Resins
    • 6.2.3 Resorcinol Adhesives
    • 6.2.4 Resorcinol Cosmetics
    • 6.2.5 Resorcinol Pharmaceuticals
  • 6.3 Resorcinol Market, By Ingredient Type
    • 6.3.1 Resorcinol-Formaldehyde Resin
    • 6.3.2 Resorcinol-Sulfur Resin
    • 6.3.3 Resorcinol-Acetone Resin
    • 6.3.4 Resorcinol-Phenol Resin
    • 6.3.5 Resorcinol-Epoxy Resin
  • 6.4 Resorcinol Market, By Distribution Channel
    • 6.4.1 Online Stores
    • 6.4.2 Specialty Stores
    • 6.4.3 Direct Sales
    • 6.4.4 Distributors
    • 6.4.5 Wholesalers

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Resorcinol Market by Region
  • 10.3 Asia Pacific - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 India
      • 10.3.1.2 China
      • 10.3.1.3 Japan
      • 10.3.1.4 South Korea
  • 10.4 Latin America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 Brazil
      • 10.4.1.2 Argentina
      • 10.4.1.3 Mexico
  • 10.5 North America - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 USA
      • 10.5.1.2 Canada
  • 10.6 Middle East & Africa - Market Analysis
    • 10.6.1 By Country
      • 10.6.1.1 Middle East
      • 10.6.1.2 Africa

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Resorcinol market is categorized based on

By Product Type

• Resorcinol Wet Resins
• Resorcinol Dry Resins
• Resorcinol Adhesives
• Resorcinol Cosmetics
• Resorcinol Pharmaceuticals

By Application

• Rubber Products
• Wood Adhesives
• UV Absorbers
• Hair Dyes
• Skincare Products

By Distribution Channel

• Online Stores
• Specialty Stores
• Direct Sales
• Distributors
• Wholesalers

By Ingredient Type

• Resorcinol-Formaldehyde Resin
• Resorcinol-Sulfur Resin
• Resorcinol-Acetone Resin
• Resorcinol-Phenol Resin
• Resorcinol-Epoxy Resin

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Hexion Inc.
• Momentive Performance Materials Inc.
• Indspec Chemical Corporation
• Shree Renuka Sugars Ltd.
• Kraton Corporation
• Eastman Chemical Company
• Perstorp Holding AB
• Huntsman Corporation
• Solvay S.A.
• Rütgers Group
• Vantico AG
• Aditya Birla Chemicals
• BASF SE
• Kraton Polymers
• DSM Nutritional Products