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Global Zinc Eugenol Market – Industry Trends and Forecast to 2029

Chemical and Materials

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Global Zinc Eugenol Market – Industry Trends and Forecast to 2029

  • Chemical and Materials
  • Upcoming Report
  • May 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Zinc Eugenol Market – Industry Trends and Forecast to 2029

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2021–2029
Diagram Market Size (Base Year) USD 900.00 Million
Diagram Market Size (Forecast Year) USD 1,176.00 Million
Diagram CAGR %

Major Markets Players

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Global Zinc Eugenol Market, By Source (Clove, Cinnamon, Tulsi/Holy Basil, Pepper, Others), Application (Base Ingredient, Stabilizers and Antioxidants, Antiseptic and Anesthetic) – Industry Trends and Forecast to 2029

Zinc Eugenol Market

Market Analysis and Size

Over the last five years, the number of consolidations in the eugenol manufacturing industry has increased massively. This is primarily due to companies' efforts to meet rising eugenol demand, gain access to growth markets in Asia Pacific, and strengthen their positions in North America and Europe. Moreover, the majority of the companies have concentrated on product development and the expansion of manufacturing units in developing regions. Consequently, the market is projected to have an accelerated demand over forecast period.

Global Zinc Eugenol Market was valued at USD 900.00 million in 2021 and is expected to reach USD 1176.00 million by 2029, registering a CAGR of 3.40% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Source (Clove, Cinnamon, Tulsi/Holy Basil, Pepper, Others), Application (Base Ingredient, Stabilizers and Antioxidants, Antiseptic and Anesthetic)

Countries Covered

U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa

Market Players Covered

Dupont (U.S.), SOLVAY (Belgium), Dow (U.S.), Halocarbon, LLC, BASF SE (Germany), Firmenich SE (Switzerland), LANXESS (U.S.), International Flavors & Fragrances, Inc. (U.S.), Eternis Fine Chemicals (India), Symrise (France), Tennants Fine Chemicals Ltd. (England), Jayshree Aromatics Pvt. Ltd. (India), and Valtris Specialty Chemicals (U.S.)

Market Opportunities

  • Growing demand for lubricants that are corrosion resistant, non-flammable and nontoxic
  • Significant investments in research and development activities

Market Definition

Zinc eugenol or zinc oxide eugenol is basically the combination of zinc oxide and eugenol contained in clove oil produces eugenol. The formation of zinc eugenolate chelate involves an acid-base reaction. Water catalyses the reaction, which is accelerated by the presence of metal salts.

Zinc Eugenol Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

  • High Demand Across Agricultural Purposes

The global increase in the rate of soil micronutrient deficiencies is a key factor driving the global zinc eugenol market. Micronutrient deficiency occurs as a result of human activities such as soil depletion caused by farming without adequate fertilization. Excess phosphate fertilization also contributes to micronutrient scarcity. Consequently, the high demand for zinc eugenol due to micronutrient deficiencies will also boost the market demand.

  • Surging Requirement for Root Canal Fillings

Dental materials containing eugenol are commonly used in clinical dentistry. When a dentinal cavity is treated with zinc oxide-eugenol (ZOE), small amounts of eugenol diffuse through the dentin to the pulp. Manufacturers are becoming more aware of the importance of complete chemo-mechanical debridement in successful endodontic therapy. As a result, they are expanding their manufacturing capabilities in ZOE-induced root canal filling materials in order to improve patient quality of life. Therefore, the demand for zinc eugenol is estimated to grow for purpose of root canal filling.

Furthermore, this functional ingredient in a variety of products used in the pharmaceutical, food, and cosmetic industries at low concentrations. Its derivatives are used as local antiseptics and anesthetics in medicine. Eugenol has antibacterial, anti-inflammatory, analgesic, and antioxidant properties. As a result, it is used in a wide variety of applications, which will further propel the growth rate of zinc eugenol market.

Opportunities

  • Developments and Growing Awareness

Furthermore, various developments by the market players and significant investments in research and development activities which further enhance the applications of product, extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Additionally, the growing awareness associated with its beneficial properties such as antibacterial, antioxidant, anti-microbial, anti-cancer, and anti-inflammatory activities will further expand the future growth of the zinc eugenol market.

Restraints/Challenges

  • High Cost

The zinc eugenol is very expensive as compared to methyl eugenol. This further reduces the demand for zinc eugenol. As a result, this factor is estimated to create hindrances for the growth of the zinc eugenol market.

  • Incompatibility of Composite Resins

Also, the drawback of zinc eugenol is that it is incompatible with composite resins. This factor will further lead to utilization of non-eugenol dressing. Therefore, this factor will challenge the zinc eugenol market growth rate.

This zinc eugenol market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the zinc eugenol market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Zinc eugenol Market

The recent outbreak of coronavirus had a negative impact on the zinc eugenol market. The severe disruptions in various manufacturing as well as the supply-chain operations across various end use industries due to the various precautionary lockdowns imposed by governments resulted in massive financial setback for the market. The disruptions across agricultural and food and beverages sector operations also leads to decline in overall demand for the zinc eugenol. Furthermore, consumer demand has decreased as people are now more focused on removing non-essential expenses from their budgets as the outbreak has negatively impacted the general economic situation of most people. The aforementioned determinants will have an impact on the market's revenue trajectory over the forecast period.

On the brighter side, the market is estimated to revive as individual regulatory bodies begin to relax these enforced lockdowns. The suspended and cancelled operations will continue and as a result the market is estimated to expand.

Global Zinc Eugenol Market Scope

The zinc eugenol market is segmented on the basis of source and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Source

  • Clove
  • Cinnamon
  • Tulsi/Holy Basil
  • Pepper
  • Others

Application

  • Base Ingredient
  • Stabilizers and Antioxidants
  • Antiseptic and Anesthetic

Zinc Eugenol Market Regional Analysis/Insights

The zinc eugenol market is analyzed and market size insights and trends are provided by country, source and application as referenced above.

The countries covered in the zinc eugenol market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the expanding food and beverage industry and high clove production yield within the region.

North America on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the increasing spending on research and development as well as the upsurge in the number of eugenol manufacturing industries in the region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Zinc Eugenol Market Share Analysis

The zinc eugenol market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to zinc eugenol market.

Some of the major players operating in the zinc eugenol market are

  • Dupont (U.S.)
  • SOLVAY (Belgium)
  • Dow (U.S.)
  • BASF SE (Germany)
  • Firmenich SE (Switzerland)
  • LANXESS (U.S.)
  • International Flavors & Fragrances, Inc. (U.S.)
  • Eternis Fine Chemicals (India)
  • Symrise (France)
  • Tennants Fine Chemicals Ltd. (England)
  • Jayshree Aromatics Pvt. Ltd. (India),
  • Valtris Specialty Chemicals (U.S.)


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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The Global Zinc eugenol Market is expected USD 1176.00 million by 2029.
The market is estimated to register a CAGR of 3.40% within the forecast period.
The major players operating in the market are Dupont (U.S.), SOLVAY (Belgium), Dow (U.S.), Halocarbon, LLC, BASF SE (Germany), Firmenich SE (Switzerland), LANXESS (U.S.), International Flavors & Fragrances, Inc. (U.S.), Eternis Fine Chemicals (India), Symrise (France), Tennants Fine Chemicals Ltd. (England), Jayshree Aromatics Pvt. Ltd. (India), and Valtris Specialty Chemicals (U.S.).
The major countries covered in the Market are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa.
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