Cinnamic aldehyde is a yellow colored oily liquid organic compound with flour and odor of cinnamon spice. Cinnamon is globally recognized spice and been used from quite ancient times. Cinnamic aldehyde is a viscous liquid occurring in the bark of cinnamon trees and can also be made synthetically. However, its natural extraction from cinnamon bark is much more efficient and effective. Its concentrated form is harmful to skin and cause irritations. There are several methods of synthesis, which include steam distillation of oil of cinnamon bark and preparation from related compounds such as cinnamyl alcohol, benzaldehyde and acetaldehyde. Stem distillation is most economical and effective way of synthesis.
Among lots of used and advantages of cinnamic aldehyde, it is majorly used as an agrichemical, antimicrobial and flavoring agent. The report highlights these major applications of this compound along with the exhaustive information on the market of cinnamic aldehyde with respect to these applications. Other applications have also been covered in this report that includes- corrosion inhibitor, dispersing agent and solvents. As an antimicrobial and agrichemical, the compound affects more than 40 crops and can also be used as fungicide. It is also effective in preventing bacteria from tongue, and has potential of anti-cancer activity. Apart from these uses, cinnamic aldehyde is also been used as medicine for reducing blood sugar levels in type II Diabetes mellitus.
The report is further segmented based on the industrial end-users of cinnamic aldehyde. These include medical industry, household, personal care, food & beverage, and cosmetics. Among these, the use of this compound in food & beverage industry accounts for larger share followed by medical and household industry. Also, the demand and supply side factors are analyzed in detail to understand the impact on the cinnamic aldehyde market. The historical pricing trend and product benchmarking is also devised in the report to forecast the dynamics in the market. The major factors driving and inhibiting the growth of this market are identified and analyzed in the report.The value chain analysis covered in the report analyzes the major suppliers and OEMs in the market, with detailed analysis on the macro and micro factors affecting the market .
The report classifies the market in terms of major geographies such as North America, Europe, Asia-Pacific and Latin America. The Middle Eastern and African regions form a part of Rest of the World (RoW) section of the report. Apart from this, country level analysis for major revenue generating countries in these regions is also covered in the report.
In the report, the major emphasis has been given on the competitive landscape of major players in the market. This section broadly covers the market entropy and the business strategies adopted by the key players in the market. Moreover, this section offers the detailed market share analysis of these players along with their geographical footprints in the market.
All the leading players are profiled in the report, few of which include :
- IS Chemical Technology
- ABI Chem
- Ark Pharma Inc
- ApexBio Technology