The global L-Menthol market was valued at US$ 767.7 million in 2020 and it is expected to reach US$ 1066.3 million by the end of 2027, growing at a CAGR of 7.1% during 2021-2027.
Menthol is an organic compound with the chemical formula C10H20O that occurs naturally in mint and some other plants. It can be extracted from the leaves by distillation, and it can be made synthetically. Pure menthol is a crystalline solid. The compound is widely used in cough and cold remedies because of its soothing effects and as a flavoring in candy, chewing gum, medical products and cigarettes.
The data of the report is based on the menthol product with purity of 99% min. And other products in lower menthol purity have been converted in the equivalent of 100%.
L-menthol is the main product in the market because of its excellent performance. D-menthol is a by-product of producing L-menthol, and D / L-menthol is a mixture of D-menthol and L-menthol.
The major players in global l-menthol market include BASF, Agson Global, Nantong Menthol Factory, etc. The top 5 players occupy about 40% shares of the global market. Asia Pacific is the largest market, with a share about 60%, followed by Europe and North America with the share about 17% and 13%.
Global L-Menthol Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global L-Menthol Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Agson Global, Symrise AG, Nantong Menthol Factory, Takasago, Tienyuan Chem, Arora Aromatics, Fengle Perfume, Swati Menthol & Allied Chem, NecLife, Bhagat Aromatics, KM Chemicals, Silverline Chemicals, Yinfeng Pharma, Great Nation Essential Oils, Xiangsheng Perfume, Basf, Ifan Chem, Mentha & Allied Products, Neeru Enterprises, Vinayak, Hindustan Mint & Agro Products, A.G. Industries and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-l-menthol-market-outlook
Segment by Type
- Natural Type
- Synthetic Type
Segment by Application
- Oral Hygiene
- Pharmaceuticals
- Tobacco
- Confectionaries
- Others
Table of Content:
1 L-Menthol Market Overview
2 L-Menthol Market Competition by Manufacturers
3 L-Menthol Retrospective Market Scenario by Region
4 Global L-Menthol Historic Market Analysis by Type
5 Global L-Menthol Historic Market Analysis by Application
6 Key Companies Profiled
7 L-Menthol Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 L-Menthol Market Dynamics
10 Global L-Menthol Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
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Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.