Global Coumarin Market Insights and Forecast to 2028

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.
Market Analysis and Insights: Global Coumarin Market
Due to the COVID-19 pandemic, the global Coumarin market size is estimated to be worth US$ 173.6 million in 2022 and is forecast to a readjusted size of US$ 246.3 million by 2028 with a CAGR of 6.0% during the review period. Fully considering the economic change by this health crisis, Pharmaceutical Grade Coumarin accounting for % of the Coumarin global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Perfumery and Fragrances segment is altered to an % CAGR throughout this forecast period.
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.
In terms of production side, this report researches the Coumarin capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Coumarin by region (region level and country level), by company, by Grade and by Application. from 2017 to 2022 and forecast to 2028.
Global Coumarin Scope and Segment
Coumarin market is segmented by Grade and by Application. Players, stakeholders, and other participants in the global Coumarin market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Grade and by Application for the period 2017-2028.
Segment by Grade
Pharmaceutical Grade Coumarin
Comsmetic Grade Coumarin
Chemical Grade Coumarin
Segment by Application
Perfumery and Fragrances
Medicine
Detergents
Electroplating and Coating
Other Application
By Company
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
Production by Region
India
China
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

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