Global Coumarin Market Growth 2023-2029

Global Coumarin Market Growth 2023-2029

Product Code:448954

Published Date: Feb 08,2023

Pages: 106

Region: Global

Category: Chemical & Material

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Coumarin is a fragrant organic chemical compound in the benzopyrone chemical class, which is a colorless crystalline substance in its standard state. It is a natural substance found in many plants.

Synthetic coumarin is made with the Perkinschen synthesis of salicylic acid and acetic anhydride.

LPI (LP Information)' newest research report, the “Coumarin Industry Forecast” looks at past sales and reviews total world Coumarin sales in 2022, providing a comprehensive analysis by region and market sector of projected Coumarin sales for 2023 through 2029. With Coumarin sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Coumarin industry.

This Insight Report provides a comprehensive analysis of the global Coumarin landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Coumarin portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Coumarin market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Coumarin and breaks down the forecast by grade, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Coumarin.

The global Coumarin market size is projected to grow from US$ 159.5 million in 2022 to US$ 243.3 million in 2029; it is expected to grow at a CAGR of 243.3 from 2023 to 2029.

The coumarin has developed very maturely since they were discovered. Now China and India are the two most important producers in the world. The former accounted for approximately 70% of global total production, and the latter with 21% of the global total. Since the beginning of this year, the coumarin market is being in short supply in China; on the other hand, Jiangyin Baihui Fragrance (an important Chinese manufacturers previous) quitted to produce coumarin, and ZhangJiagang FeiHang industry Co., Ltd. also had cut off overhaul, no timetable for when to resume production. In the future, China and India will keep the development tendency.

This report presents a comprehensive overview, market shares, and growth opportunities of Coumarin market by product grade, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by grade
    Pharmaceutical Grade Coumarin
    Comsmetic Grade Coumarin
    Chemical Grade Coumarin

Segmentation by application
    Perfumery and Fragrances
    Medicine
    Detergents
    Electroplating and Coating
    Other Application

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Atlas Fine Chemicals (IN)
    Omkar Speciality Chemicals (IN)
    N.S.Chemicals (IN)
    Yingyang Flavors & Fragrance (CN)
    Anhui jinpeng Flavours & Fragrances (CN)
    China Tuhsu (CN)
    Changzhou XinTongLi Chemicals (CN)
    Wuhan Sincere-star Chemical (CN)
    Saichuang Technology (CN)
    Botai (Tianjin) Fine Chemical (CN)
    ZhangJiagang FeiHang industry
    NORBRIGHT INDUSTRY

Key Questions Addressed in this Report
What is the 10-year outlook for the global Coumarin market?
What factors are driving Coumarin market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Coumarin market opportunities vary by end market size?
How does Coumarin break out grade, application?
What are the influences of COVID-19 and Russia-Ukraine war?