Menthol is vitally an organic compound with local anaesthetic and flavouring properties. The chemical name for menthol is C10H20O, and its molecular weight is 156.20 g/mol. It is synthetically created from mint or peppermint oils.
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Menthol enhances the flavour of peppermint when added to rood goods and drugs. It is either white or clear in appearance. It is a waxy substance that has crystallised.
To produce menthol, thymol and carbon monoxide undergo a hydrogenation reaction. After that, menthol from its other isomers is separated and hence it is achieved by the distillation process.
The leading menthol-producing regions are Thailand, Japan, and Vietnam. On the other hand, China, Germany, and Japan are the top exporters in the market of menthol.
Key Details About the Menthol Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the menthol price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Menthol Price Trends, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Menthol Price Trend:
Menthol is a vital component in various products such as cigarettes, cough medicine, candies, perfumes, and inhalers. It is also utilised in medical preparations in addition to being a flavouring ingredient in candies.
Additionally, it is used in the manufacturing of sauces, desserts, salads, jellies, vinegar, tea, and particularly inhalants, chewing gum, and tobacco. It is also employed as a solvent to make resins, inks, adhesives, and dyes.
Various fruits and vegetables naturally contain menthol which is also produced in the digestive tract of a human being to aid the metabolisation of food.
Key Market Players:
- Bhagat Aromatics Limited
- N.S. Mint
- Silverline Chemicals
- Swati Menthol and Allied Chemicals Limited
- Herbochem Industries
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