Market Overview:
The global thymol crystal 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 thymol crystals from various applications such as flavor, material protection, disinfection, pharmaceutical / biotechnology, chemical industry, animal health and feedstuff, dental and fragrances. In addition, the growing demand for thymol crystals from emerging economies is also contributing to the growth of this market. However, factors such as volatility in prices of raw materials and stringent regulatory norms are restraining the growth of this market.
Product Definition:
Thymol is a Phenolic compound found in thyme oil. It is a white crystalline solid that has a strong, camphor-like odor. It is used as an antiseptic and flavoring agent.
99.0% Purity:
99% purity is a very high level of purity, which means that there is no other material with a similar chemical composition. 99% pure thymol crystal has been used as an essential component in the production of scented candles and incense sticks for more than two thousand years. The growing demand for such products in various religious practices across the globe has led to increased consumption of thymol crystals over the past few years and this trend is expected to continue over the forecast period.
>99.0% Purity:
99.0% purity is a very high level of purity and it means that there are no other components except thymol in the product which can be confirmed by GC/MS analysis. It is used as an essential oil component for manufacturing various products such as fragrance, cosmetics, pharmaceuticals and food additives among others.
Application Insights:
The flavor application segment led the global thymol crystal market and accounted for more than 40% of the total revenue in 2017. The product is used as a natural flavoring agent in various food & beverage applications, such as cheese, chocolate bars, coffee creamer, soft drinks and fruit juices. Furthermore, it finds application in several other industries including bakery products (chocolate chip cookies), meat products (cured meats) and pharmaceuticals.
Thymol is also widely utilized to produce various medicines owing to its antibacterial properties against different types of bacteria including staphylococcus aureus and Escherichia coli among others.
Regional Analysis:
Europe was the largest regional market in 2017 and accounted for a share of more than 30.0% owing to stringent government regulations regarding product usage coupled with high demand from end-use industries. The region is expected to witness significant growth over the forecast period on account of rising demand for natural products from countries, such as Germany, U.K., France, Italy, and Spain among others.
Asia Pacific is projected to be one of the fastest-growing regions due to rapid industrialization along with increasing foreign investments in various sectors including pharmaceuticals & biotechnology; food & beverage; cosmetics; and other industries that use thymol as an active ingredient or raw material.
Growth Factors:
- Increasing demand for natural and organic products
- Rising awareness about the benefits of thymol crystal
- Growing use of thymol crystal in aromatherapy and other wellness applications
- Rising popularity of essential oils as a means to improve health and well-being
- Technological advancements that facilitate the production and distribution of thymol crystal
Scope Of The Report
Report Attributes
Report Details
Report Title
Thymol Crystal Market Research Report
By Type
99.0% Purity, >99.0% Purity
By Application
Flavor, Material Protection, Disinfection, Pharmaceutical / Biotechnology, Chemical Industry, Animal health and feedstuff, Dental, Fragrances, Others
By Companies
Southern India Chemical Industries, VDH Organics Pvt. Ltd, Lanxess, Yufeng International Co.,Ltd, Zhonglan Industry Co.,Ltd, Vigon, KM Chemicals, Anhui Haihua Chemical Technoloy Co.,Ltd.
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
213
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Thymol Crystal Market Report Segments:
The global Thymol Crystal market is segmented on the basis of:
Types
99.0% Purity, >99.0% Purity
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
Flavor, Material Protection, Disinfection, Pharmaceutical / Biotechnology, Chemical Industry, Animal health and feedstuff, Dental, Fragrances, 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:
- Southern India Chemical Industries
- VDH Organics Pvt. Ltd
- Lanxess
- Yufeng International Co.,Ltd
- Zhonglan Industry Co.,Ltd
- Vigon
- KM Chemicals
- Anhui Haihua Chemical Technoloy Co.,Ltd.
Highlights of The Thymol Crystal 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:
- 99.0% Purity
- >99.0% Purity
- By Application:
- Flavor
- Material Protection
- Disinfection
- Pharmaceutical / Biotechnology
- Chemical Industry
- Animal health and feedstuff
- Dental
- Fragrances
- 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 Thymol Crystal 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Thymol Crystal is a natural product that is derived from thyme oil. It has anti-inflammatory properties and can be used to treat various skin conditions.
Some of the key players operating in the thymol crystal market are Southern India Chemical Industries, VDH Organics Pvt. Ltd, Lanxess, Yufeng International Co.,Ltd, Zhonglan Industry Co.,Ltd, Vigon, KM Chemicals, Anhui Haihua Chemical Technoloy Co.,Ltd..
The thymol crystal 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 Thymol Crystal 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 Thymol Crystal Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Thymol Crystal 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 Thymol Crystal 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 Thymol Crystal Market Size & Forecast, 2020-2028
4.5.1 Thymol Crystal Market Size and Y-o-Y Growth
4.5.2 Thymol Crystal 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 99.0% Purity
5.2.2 >99.0% Purity
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 Flavor
6.2.2 Material Protection
6.2.3 Disinfection
6.2.4 Pharmaceutical / Biotechnology
6.2.5 Chemical Industry
6.2.6 Animal health and feedstuff
6.2.7 Dental
6.2.8 Fragrances
6.2.9 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Thymol Crystal 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 Thymol Crystal 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 99.0% Purity
9.6.2 >99.0% Purity
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 Flavor
9.10.2 Material Protection
9.10.3 Disinfection
9.10.4 Pharmaceutical / Biotechnology
9.10.5 Chemical Industry
9.10.6 Animal health and feedstuff
9.10.7 Dental
9.10.8 Fragrances
9.10.9 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 99.0% Purity
10.6.2 >99.0% Purity
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 Flavor
10.10.2 Material Protection
10.10.3 Disinfection
10.10.4 Pharmaceutical / Biotechnology
10.10.5 Chemical Industry
10.10.6 Animal health and feedstuff
10.10.7 Dental
10.10.8 Fragrances
10.10.9 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 99.0% Purity
11.6.2 >99.0% Purity
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 Flavor
11.10.2 Material Protection
11.10.3 Disinfection
11.10.4 Pharmaceutical / Biotechnology
11.10.5 Chemical Industry
11.10.6 Animal health and feedstuff
11.10.7 Dental
11.10.8 Fragrances
11.10.9 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 99.0% Purity
12.6.2 >99.0% Purity
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 Flavor
12.10.2 Material Protection
12.10.3 Disinfection
12.10.4 Pharmaceutical / Biotechnology
12.10.5 Chemical Industry
12.10.6 Animal health and feedstuff
12.10.7 Dental
12.10.8 Fragrances
12.10.9 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 99.0% Purity
13.6.2 >99.0% Purity
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 Flavor
13.10.2 Material Protection
13.10.3 Disinfection
13.10.4 Pharmaceutical / Biotechnology
13.10.5 Chemical Industry
13.10.6 Animal health and feedstuff
13.10.7 Dental
13.10.8 Fragrances
13.10.9 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 Thymol Crystal Market: Competitive Dashboard
14.2 Global Thymol Crystal Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Southern India Chemical Industries
14.3.2 VDH Organics Pvt. Ltd
14.3.3 Lanxess
14.3.4 Yufeng International Co.,Ltd
14.3.5 Zhonglan Industry Co.,Ltd
14.3.6 Vigon
14.3.7 KM Chemicals
14.3.8 Anhui Haihua Chemical Technoloy Co.,Ltd.
