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Coumarin Market Projected to Exhibit Growth at a CAGR of 243.3 by 2029

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Jenny Huang
Coumarin Market Projected to Exhibit Growth at a CAGR of 243.3 by 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.

 

Top Manufactures in Global Coumarin Includes:

    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 Type, covers:

    Pharmaceutical Grade Coumarin

    Comsmetic Grade Coumarin

    Chemical Grade Coumarin

 

Market Segment by Applications, can be divided into:

    Perfumery and Fragrances

    Medicine

    Detergents

    Electroplating and Coating

    Other Application

 

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 type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

 

Request Sample Report and Full Report TOC:

https://www.lpinformationdata.com/reports/448954/coumarin-2029

 

LP INFORMATION (LPI) is a professional market report publisher based in America, providing high quality market research reports with competitive prices to help decision makers make informed decisions and take strategic actions to achieve excellent outcomes.We have an extensive library of reports on hundreds of technologies.Search for a specific term, or click on an industry to browse our reports by subject. Narrow down your results using our filters or sort by what’s important to you, such as publication date, price, or name.

 

LP INFORMATION

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