Market Overview:
The global 4-methyl guaiacol market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for 4-methyl guaiacol from various applications such as chemicals, pharmaceuticals, cosmetics, food & beverages and others. Additionally, factors such as rising awareness about benefits of 4-methyl guaiacol are also contributing to the growth of this market. However, volatility in prices of raw materials is restraining the growth of this market to some extent.
Product Definition:
4-Methyl Guaiacol is a phenolic compound that has a woody, smoky odor. It is used as a flavoring agent in foods and beverages and as an ingredient in fragrances.
Natural:
Natural is derived from plant materials and has no chemical additives. It is a colorless liquid with a mild odor similar to that of gasoline. Natural Guaiacol or 4-Methylguaiacol (4MG)is an organic compound derived from the wood of certain trees, especially those of the genus Guaiacum.
Synthetic:
Synthetic is a man-made product and it has no natural occurrence. Synthetic 4-Methyl Guaiacol (OMG) is also known as 4-methyl guaiacol,4-MeG, or 4MG. It's an organic compound and its main component is carbon with other elements such as hydrogen, nitrogen & oxygen.
Application Insights:
The chemicals segment led the global market and accounted for more than 54.0% share of the total revenue in 2017. The product is widely used as a chemical intermediate, which is then utilized in various end-use industries such as pharmaceuticals, paints and coatings, adhesives, cosmetics among others. In addition to being a key chemical in several applications such as printing ink and dyes manufacturing process, 4-Methyl Guaiacol (4MG) also acts as an important raw material for production of other chemicals including butanol (C5H12), acetic acid (C2H3O2), vanillin (C6H10O2) among others.
Regional Analysis:
North America was the second-largest market for global 4-Methyl Guaiacol after Asia Pacific. The region is expected to witness moderate growth over the forecast period owing to stringent government regulations regarding fragrance chemicals and increasing demand from pharmaceutical, cosmetics, and food & beverage industries. In North America, Mexico accounted for a share of more than 80% in terms of volume consumption in 2017 on account of rising product demand as an aroma chemical from cosmetic products such as soaps, perfumes, body lotions/shampoo. Rising consumer awareness regarding health safety is one major factor driving the market in this region.
Asia Pacific emerged as the fastest growing regional market with a CAGR exceeding 6% during the forecast period owing to rapid industrialization along with developing economies such China and India which are among top five producers globally coupled with high usage rates in fragrances applications especially cosmetics industry due to presence of large customer base including Johnson & Johnson Ltd., Procter & Gamble Co.
Growth Factors:
- Increasing demand for natural flavors and fragrances in food and beverage industry
- Rising awareness about the benefits of 4-methyl guaiacol among consumers
- Growing popularity of essential oils and aromatherapy
- Technological advancements in extraction and purification processes of 4-methyl guaiacol
- Expansion of distribution channels
Scope Of The Report
Report Attributes
Report Details
Report Title
4-Methyl Guaiacol Market Research Report
By Type
Natural, Synthetic
By Application
Chemicals, Pharmaceutical, Cosmetics, Food & Beverages, Others
By Companies
Solvay, Cayman Chemical, LGC Limited, Jiaxing Zhonghua Chemical Co.,Ltd., Anhui Bayi Chemical Industry Co., Ltd., Aurochemicals
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
217
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global 4-Methyl Guaiacol Market Report Segments:
The global 4-Methyl Guaiacol market is segmented on the basis of:
Types
Natural, Synthetic
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Chemicals, Pharmaceutical, Cosmetics, Food & Beverages, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Solvay
- Cayman Chemical
- LGC Limited
- Jiaxing Zhonghua Chemical Co.,Ltd.
- Anhui Bayi Chemical Industry Co., Ltd.
- Aurochemicals
Highlights of The 4-Methyl Guaiacol Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Natural
- Synthetic
- By Application:
- Chemicals
- Pharmaceutical
- Cosmetics
- Food & Beverages
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the 4-Methyl Guaiacol Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
4-Methyl Guaiacol is a colorless to light yellow liquid with a sweet, woodsy odor. It is used as an aroma and flavor agent in foods and beverages.
Some of the major players in the 4-methyl guaiacol market are Solvay, Cayman Chemical, LGC Limited, Jiaxing Zhonghua Chemical Co.,Ltd., Anhui Bayi Chemical Industry Co., Ltd., Aurochemicals.
The 4-methyl guaiacol market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 4-Methyl Guaiacol Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 4-Methyl Guaiacol Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 4-Methyl Guaiacol Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the 4-Methyl Guaiacol Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global 4-Methyl Guaiacol Market Size & Forecast, 2020-2028
4.5.1 4-Methyl Guaiacol Market Size and Y-o-Y Growth
4.5.2 4-Methyl Guaiacol Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Natural
5.2.2 Synthetic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Chemicals
6.2.2 Pharmaceutical
6.2.3 Cosmetics
6.2.4 Food & Beverages
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global 4-Methyl Guaiacol Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 4-Methyl Guaiacol Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Natural
9.6.2 Synthetic
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Chemicals
9.10.2 Pharmaceutical
9.10.3 Cosmetics
9.10.4 Food & Beverages
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Natural
10.6.2 Synthetic
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Chemicals
10.10.2 Pharmaceutical
10.10.3 Cosmetics
10.10.4 Food & Beverages
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Natural
11.6.2 Synthetic
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Chemicals
11.10.2 Pharmaceutical
11.10.3 Cosmetics
11.10.4 Food & Beverages
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Natural
12.6.2 Synthetic
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Chemicals
12.10.2 Pharmaceutical
12.10.3 Cosmetics
12.10.4 Food & Beverages
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Natural
13.6.2 Synthetic
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Chemicals
13.10.2 Pharmaceutical
13.10.3 Cosmetics
13.10.4 Food & Beverages
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 4-Methyl Guaiacol Market: Competitive Dashboard
14.2 Global 4-Methyl Guaiacol Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Solvay
14.3.2 Cayman Chemical
14.3.3 LGC Limited
14.3.4 Jiaxing Zhonghua Chemical Co.,Ltd.
14.3.5 Anhui Bayi Chemical Industry Co., Ltd.
14.3.6 Aurochemicals
