Menthol crystals are natural products, and the main challenge is obtaining a sufficient yield from their sources. Continuous research is being conducted to improve menthol oil extraction technologies from various mint plants. Large market players are also investing in the development of new menthol crystal applications in the personal care and pharmaceutical industries. The price of natural menthol crystals is rising due to increased demand and limited supply. However, the market penetration of synthetic menthol crystals is balancing the price growth to some extent.
Procurement Resource provides latest prices of Synthetic Menthol. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Procurement Resource provides prices of Synthetic Menthol for several regions around the globe, which are as follows:
About Synthetic Menthol:
Synthetic Menthol, unlike natural menthol, is synthetically produced using petrochemicals like m-cresol. It appears as a waxy, crystalline substance, which is generally clear or white in colour. It is solid at room temperature. Synthetic menthol has anesthetic and counter-irritant qualities and is widely utilised to relieve minor throat irritation.
Chemical Formula of Synthetic Menthol:
The production of Synthetic Menthol via hydrogenation involves alkylation of m-cresol using propene to produce thymol, which undergoes hydrogenation to form a reaction mixture. Fractional distillation of the obtained mixture takes place to finally produce Synthetic Menthol.
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The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
Procurement Resource also provides the detailed production cost analysis of Synthetic Menthol See more