Guaiacol market to rise at 6.4% CAGR till 2027

2022-06-14 08:35:36 UTC | Chemicals & Advanced Materials
Guaiacol market to rise at 6.4% CAGR till 2027
Guaiacol, also known as 2-methoxyphenol, is a naturally-occurring organic compound with the formula C7H8O2. It is used as a precursor in the manufacture of vanillin and is also used in the synthesis of pharmaceuticals. Vanillin is the most common flavor chemical used in a broad range of flavors and fragrances. The global guaiacol market, in terms of revenue, is expected to grow by 6.4 percent annually through 2027, according to a new report by Gen Consulting Company.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global guaiacol market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the guaiacol industry.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the application, and region. The global market for guaiacol can be segmented by application: fragrances, pharmaceuticals. Guaiacol market is further segmented by region: Asia-Pacific, Europe, North America, Middle East and Africa (MEA), South America.

By application:
- fragrances
- pharmaceuticals

By region:
- Asia-Pacific
- Europe
- North America
- Middle East and Africa (MEA)
- South America

The report has also analysed the competitive landscape of the global guaiacol market with some of the key players being Anhui Bayi Chemical Industry Co., Ltd., Camlin Fine Sciences Limited (CFS), Clean Science And Technology Pvt. Ltd., Dongying Yimengsheng Chemical Co., Ltd., Jiaxing Zhonghua Chemical Co., Ltd., Liaoning Shixing Pharmaceutical & Chemical Co., Ltd., Solvay S.A., among others.

Historical & Forecast Period
This research report provides analysis for each segment from 2017 to 2027 considering 2020 to be the base year.

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Scope of the Report
- To analyze and forecast the market size of the global guaiacol market.
- To classify and forecast the global guaiacol market based on application, region.
- To identify drivers and challenges for the global guaiacol market.
- To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global guaiacol market.
- To identify and analyze the profile of leading players operating in the global guaiacol market.

Why Choose This Report
- Gain a reliable outlook of the global guaiacol market forecasts from 2021 to 2027 across scenarios.
- Identify growth segments for investment.
- Stay ahead of competitors through company profiles and market data.
- The market estimate for ease of analysis across scenarios in Excel format.
- Strategy consulting and research support for three months.
- Print authentication provided for the single-user license.