Global Coumarin Market Growth 2023-2029

Global Coumarin Market Growth 2023-2029

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?

Please note: The report will take approximately 2 business days to prepare and deliver.