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According to our (Global Info Research) latest study, the global Coumarin market size was valued at USD 167.7 million in 2023 and is forecast to a readjusted size of USD 247.9 million by 2030 with a CAGR of 5.7% during review period.
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.
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.
The Global Info Research report includes an overview of the development of the Coumarin industry chain, the market status of Perfumery and Fragrances (Pharmaceutical Grade Coumarin, Comsmetic Grade Coumarin), Medicine (Pharmaceutical Grade Coumarin, Comsmetic Grade Coumarin), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Coumarin.
Regionally, the report analyzes the Coumarin markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Coumarin market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Coumarin market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Coumarin industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (MT), revenue generated, and market share of different by Grade (e.g., Pharmaceutical Grade Coumarin, Comsmetic Grade Coumarin).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Coumarin market.
Regional Analysis: The report involves examining the Coumarin market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Coumarin market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Coumarin:
Company Analysis: Report covers individual Coumarin manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Coumarin This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Perfumery and Fragrances, Medicine).
Technology Analysis: Report covers specific technologies relevant to Coumarin. It assesses the current state, advancements, and potential future developments in Coumarin areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Coumarin market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Coumarin market is split by Grade and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Grade, and by Application in terms of volume and value.
Market segment by Grade
- Pharmaceutical Grade Coumarin
- Comsmetic Grade Coumarin
- Chemical Grade Coumarin
Market segment by Application
- Perfumery and Fragrances
- Medicine
- Detergents
- Electroplating and Coating
- Other Application
Major players covered
- 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
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Coumarin product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Coumarin, with price, sales, revenue and global market share of Coumarin from 2019 to 2024.
Chapter 3, the Coumarin competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Coumarin breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Grade and application, with sales market share and growth rate by grade, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Coumarin market forecast, by regions, grade and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Coumarin.
Chapter 14 and 15, to describe Coumarin sales channel, distributors, customers, research findings and conclusion.