Menthol Market Menthol Market | Página 2

Globally, Asia Pacific accounted for the substantial market share of menthol and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be the rising sale of end-use application products, growing disposable income, and the rise in purchasing power of the general populace. The developing countries like India, China, South Korea, and Japan are the major consumers of menthol in this region. North America and Europe are also estimated to have a positive influence on future growth. North America is the second largest region with significant market share. However, Europe is estimated to grow at the highest CAGR in the forecast period. The key players of the menthol market are KM Chemicals, J M Loveridge plc, spectrum chemicals, Procter and Gamble, Symrise AG, and Natural Sourcing Inc. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition. Browse Related Category Market Reports @ https://www.millioninsights.com/industry/chemicals-and-materials