Prakhar Panchbhaiya
Assistant Manager: Business Insights and Content
Supporting procurement teams with category intelligence, market research, price trends, supply-demand analysis, and strategic sourcing insights across key industries.
Thymol Price Trend Analysis 2026: Historical Prices, Market Insights, Latest News, Price Drivers & Supply Demand Analysis
Written ByPrakhar Panchbhaiya
Thymol Price Trend Q1 2024
Thymol, a natural compound derived from thyme oil, experienced oscillating market dynamics influenced by several key factors. Its demand is primarily driven by its extensive applications in the pharmaceutical and personal care industries, where it serves as an antiseptic, antifungal, and preservative agent.
The rising consumer preference for natural and organic products in personal care and health sectors further boosted its market growth. Additionally, the increasing awareness of thymol's antimicrobial properties supports its use in sanitizers and disinfectants. However, fluctuations in thyme oil production due to weather conditions and geopolitical factors also impact thymol prices, influencing supply dynamics in the market in the first quarter of 2024.
Also, chemically, thymol is a monoterpenoid, and thus, its price trend is closely related to the products falling in the same category along with its feedstock chemicals. During the first quarter, the overall sentiments of the market remained bullish with the expansion of downstream industries around the globe. The winter holiday season in China and limited production, as well as trade of the commodity, further extended additional support to the market. In the European countries, the production volumes remained constricted while the demand for the commodity, in both domestic and overseas markets, outpaced this supply, giving room to traders to increase their price quotations.
Analyst Insight
According to Procurement Resource, the price of Thymol is expected to continue its northwards trajectory in the next quarters as well. The end-user industries are likely to further increase their sales figures, and as the summer months approach, industrial production is also estimated to improve, supporting the demand for thymol.
Procurement Resource provides latest prices of Thymol. 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.
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About Thymol
Thymol is a natural compound extracted primarily from thyme plants, characterized by its strong aromatic odor and antiseptic properties. It is a crystalline substance that appears as white or colorless needles or crystals. Thymol is sparingly soluble in water but highly soluble in organic solvents like ethanol and ether. It exhibits significant antimicrobial activity against bacteria and fungi, making it valuable in pharmaceuticals, especially in oral care products and topical antifungal treatments. Thymol is also recognized for its antioxidant properties and is used as a natural preservative in foods and beverages. Additionally, its pleasant scent makes it a popular ingredient in cosmetics, perfumes, and household cleaners.
Thymol Product Detail
Hs Code
29071930
Chemical Formula
C10H14O
Cas Number
89-83-8
Molecular Weight
150.22 g/mol
Industrial Uses
Pharmaceuticals, Food Industry, Cosmetic Industry, Agriculture
Supplier Database
Lanxess , VDH Group, Huilong Group, Vigon
Regional Coverage
Asia Pacific
China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe
Germany, France, United Kingdom, Italy,Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America
United States and Canada
Latin America
Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa
South Africa, Nigeria, Egypt, Algeria, Morocco
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Thymol Production Process
- Production Process of Thymol by alkylation reaction: This alkylation reaction for the synthesis of thymol requires m-cresol and isopropanol as the primary products. In this simple synthesis, catalysts such as zeolite socony mibil-5 are used to yield a significant yield of thymol.
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