Coumarin Market Trends

Growth Drivers

• Rising Usage of Flavoring Agents in Food & Beverages - Natural sources of coumarin, such as cinnamon which is also used as a flavoring agent in toothpaste and chewing gum are permitted in food owing to their ability to freshen and possibly even eliminate bad breath.

• Rising Intake of Alcohol- Wine and some spirits are aged in oak barrels that release coumarin chemicals that may contribute to the bitterness of the alcoholic drinks.
• Increasing Need for Detergents - Coumarin is a common ingredient in detergents, which is used to conceal bad smells.
• Usage of Coumarin in Rubber Products- Coumarin is an aromatic organic chemical substance that is utilized in rubber goods to mask offensive scents.
• Growing Applications in Electroplating and Coating-  Coumarin is widely employed in the electroplating business, primarily to give chrome-plated steel a highly polished appearance.
• Spiking Prevalence of Respiratory Disorders- Coumarin is a benzopyrone that has been used in various medications as it has anti-inflammatory and anticoagulant properties that may aid in the creation of future anti-inflammatory medications for chronic inflammation. As of 2023, it has been estimated that asthma affects about 300 million people worldwide and has a substantial morbidity and mortality impact.

Challenges

• Adverse Effects of Coumarin - Exposure to high oral doses of coumarins appears to be associated with dizziness, headaches, blood in the urine and stools, stomach pain, and hair loss.  Moreover, the main risk associated with coumarin anticoagulants is a serious problem that can cause bleeding, and several less severe side effects in addition to those disastrous ones, including blood in the urine, severe bruising, extended nosebleeds, bleeding gums, or heavy periods in women.
• Varying Prices of Raw Materials can Impact the Overall Cost of Production
• Stringent Rules & Regulations Owing to Potential Health Concerns