Summary

In 2024, the global market size of Thymol was estimated to be worth US$ 114 million and is forecast to reach approximately US$ 150 million by 2031 with a CAGR of 4.1% during the forecast period 2025-2031.

Thymol is a natural monoterpenoid phenol derivative of cymene, C₁₀H₁₄O, isomeric with carvacrol, found in oil of thyme, and extracted from Thymus vulgaris, Ajwain and various other kinds of plants as a white crystalline substance of a pleasant aromatic odor and strong antiseptic properties.
Global main manufacturers of Thymol include Lanxess, Vigon, VDH Group, Huilong Group, Shree Bankey Behari Lal Aromatics, etc. The top five players hold a share about 86%. The global Thymol products are mainly produced in Europe, India and United States, they occupied for a share over 82%. Europe is the largest market, has a share about 37%, followed by North America and Asia-Pacific, with share 30% and 26%, separately.

Report Scope
This report aims to provide a comprehensive presentation of the global market for Thymol, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Thymol.
The Thymol market size, estimations, and forecasts are provided in terms of sales volume (MT) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Thymol market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Thymol manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and regions.

By Company
Lanxess
VDH Group
Shree Bankey Behari Lal Aromatics
Huilong Group
Vigon
Segment by Type
Synthetic Thymol
Natural Thymol
Segment by Application
L-Menthol Production
Pharmaceutical/Biotechnology
Animal Health and Feedstuff
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type and by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Sales (consumption), revenue of Thymol in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 3: Detailed analysis of Thymol manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Thymol sales, revenue, price, gross margin, sales by region, by Type, by Application, and recent development, etc.
Chapter 5: Provides the analysis of various market segments by Type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: North America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 8: APAC by Type, by Application and by country, sales, and revenue for each segment.
Chapter 9: Europe by Type, by Application and by country, sales, and revenue for each segment.
Chapter 10: Latin America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 11: Middle East and Africa by Type, by Application and by country, sales, and revenue for each segment.
Chapter 12: Analysis of industrial chain, sales channel, key raw materials, distributors, and customers.
Chapter 13: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 14: Research Findings and Conclusion.

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Table of Contents

1 Study Coverage
1.1 Thymol Product Introduction
1.2 Market by Type
1.2.1 Global Thymol Market Size Growth Rate by Type (2020 VS 2024 VS 2031)
1.2.2 Synthetic Thymol
1.2.3 Natural Thymol
1.3 Market by Application
1.3.1 Global Thymol Market Size Growth Rate by Application (2020 VS 2024 VS 2031)
1.3.2 L-Menthol Production
1.3.3 Pharmaceutical/Biotechnology
1.3.4 Animal Health and Feedstuff
1.3.5 Others
1.4 Study Objectives
1.5 Years Considered
2 Executive Summary
2.1 Global Thymol Market Size Estimates and Forecasts
2.1.1 Global Thymol Revenue 2020-2031
2.1.2 Global Thymol Sales 2020-2031
2.2 Thymol Market Size by Region: 2024 Versus 2031
2.3 Thymol Sales by Region (2020-2031)
2.3.1 Global Thymol Sales by Region: 2020-2025
2.3.2 Global Thymol Sales Forecast by Region (2026-2031)
2.3.3 Global Thymol Sales Market Share by Region (2020-2031)
2.4 Thymol Market Estimates and Projections by Region (2026-2031)
2.4.1 Global Thymol Revenue by Region: 2020-2025
2.4.2 Global Thymol Revenue Forecast by Region (2026-2031)
2.4.3 Global Thymol Revenue Market Share by Region (2020-2031)
3 Market Segments
3.1 Breakdown Data by Type
3.1.1 Global Thymol Sales by Type (2020-2031)
3.1.1.1 Global Thymol Sales Volume by Type (2020-2031)
3.1.1.2 Global Thymol Sales Market Share by Type (2020-2031)
3.1.2 Global Thymol Revenue by Type (2020-2031)
3.1.2.1 Global Thymol Revenue by Type (2020-2031)
3.1.2.2 Global Thymol Revenue Market Share by Type (2020-2031)
3.1.3 Thymol Average Selling Price (ASP) by Type (2020-2031)
3.2 Breakdown Data by Application
3.2.1 Global Thymol Sales by Application (2020-2031)
3.2.1.1 Global Thymol Sales Volume by Application (2020-2031)
3.2.1.2 Global Thymol Sales Market Share by Application (2020-2031)
3.2.2 Global Thymol Revenue by Application (2020-2031)
3.2.2.1 Global Thymol Revenue by Application (2020-2031)
3.2.2.2 Global Thymol Revenue Market Share by Application (2020-2031)
3.2.3 Thymol Average Selling Price (ASP) by Application (2020-2031)
3.3 by Type and by Application Crossing Analysis
3.3.1 Synthetic Thymol of Thymol Revenue Market Share by Application
3.3.2 Natural Thymol of Thymol Revenue Market Share by Application
4 Global Thymol by Manufacturers
4.1 Global Top Thymol Manufacturers by Sales (2020-2025)
4.1.1 Global Thymol Sales by Manufacturer (2020-2025)
4.1.2 Global Thymol Sales Market Share by Manufacturer (2020-2025)
4.2 Global Top Thymol Manufacturers by Revenue (2020-2025)
4.2.1 Global Thymol Revenue by Manufacturer (2020-2025)
4.2.2 Global Thymol Revenue Share by Manufacturer (2020-2025)
4.3 Global Thymol Price by Manufacturer (2020-2025)
4.4 Competitive Landscape
4.4.1 Key Thymol Manufacturers Covered: Ranking by Revenue
4.4.2 Global Thymol Market Concentration Ratio (CR5 and HHI) & (2020-2025)
4.4.3 Global Thymol Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.5 Global Thymol Manufacturing Base Distribution, Product Type
4.5.1 Thymol Manufacturers Manufacturing Base Distribution, Headquarters
4.5.2 Date of International Manufacturers Enter into Thymol Market
4.5.3 Manufacturers Thymol Product Type and Application
4.5.4 Synthetic Thymol Market Sales of Thymol by Manufacturer
4.5.5 Natural Thymol Market Sales of Thymol by Manufacturer
4.6 Manufacturers Mergers & Acquisitions, Expansion Plans
5 Company Profiles
5.1 Lanxess
5.1.1 Lanxess Company Information
5.1.2 Lanxess Description, Business Overview
5.1.3 Lanxess Thymol Products Offered
5.1.4 Lanxess Thymol Sales, Revenue and Gross Margin (2020-2025)
5.1.5 Lanxess Thymol Sales by Product in 2024
5.1.6 Lanxess Thymol Sales by Application in 2024
5.1.7 Lanxess Thymol Sales by Geographic Area in 2024
5.1.8 Lanxess Recent Developments
5.2 VDH Group
5.2.1 VDH Group Company Information
5.2.2 VDH Group Description, Business Overview
5.2.3 VDH Group Thymol Products Offered
5.2.4 VDH Group Thymol Sales, Revenue and Gross Margin (2020-2025)
5.2.5 VDH Group Thymol Sales by Product in 2024
5.2.6 VDH Group Thymol Sales by Application in 2024
5.2.7 VDH Group Thymol Sales by Geographic Area in 2024
5.2.8 VDH Group Recent Developments
5.3 Shree Bankey Behari Lal Aromatics
5.3.1 Shree Bankey Behari Lal Aromatics Company Information
5.3.2 Shree Bankey Behari Lal Aromatics Description, Business Overview
5.3.3 Shree Bankey Behari Lal Aromatics Thymol Products Offered
5.3.4 Shree Bankey Behari Lal Aromatics Thymol Sales, Revenue and Gross Margin (2020-2025)
5.3.5 Shree Bankey Behari Lal Aromatics Thymol Sales by Product in 2024
5.3.6 Shree Bankey Behari Lal Aromatics Thymol Sales by Application in 2024
5.3.7 Shree Bankey Behari Lal Aromatics Thymol Sales by Geographic Area in 2024
5.3.8 Shree Bankey Behari Lal Aromatics Recent Developments
5.4 Huilong Group
5.4.1 Huilong Group Company Information
5.4.2 Huilong Group Description, Business Overview
5.4.3 Huilong Group Thymol Products Offered
5.4.4 Huilong Group Thymol Sales, Revenue and Gross Margin (2020-2025)
5.4.5 Huilong Group Thymol Sales by Product in 2024
5.4.6 Huilong Group Thymol Sales by Application in 2024
5.4.7 Huilong Group Thymol Sales by Geographic Area in 2024
5.4.8 Huilong Group Recent Developments
5.5 Vigon
5.5.1 Vigon Company Information
5.5.2 Vigon Description, Business Overview
5.5.3 Vigon Thymol Products Offered
5.5.4 Vigon Thymol Sales, Revenue and Gross Margin (2020-2025)
5.5.5 Vigon Thymol Sales by Product in 2024
5.5.6 Vigon Thymol Sales by Application in 2024
5.5.7 Vigon Thymol Sales by Geographic Area in 2024
5.5.8 Vigon Recent Developments
6 North America
6.1 North America Thymol Market Size YoY Growth 2020-2031
6.2 North America Thymol Market Facts & Figures by Country
6.2.1 North America Thymol Sales by Country (2020-2031)
6.2.2 North America Thymol Revenue by Country (2020-2031)
6.3 North America Thymol Sales by Type (2020-2025)
6.4 North America Thymol Sales by Application (2020-2025)
7 Asia-Pacific
7.1 Asia-Pacific Thymol Market Size YoY Growth 2020-2031
7.2 Asia-Pacific Thymol Market Facts & Figures by Region
7.2.1 Asia-Pacific Thymol Sales by Region (2020-2031)
7.2.2 Asia-Pacific Thymol Revenue by Region (2020-2031)
7.3 Asia-Pacific Thymol Sales by Type (2020-2025)
7.4 Asia-Pacific Thymol Sales by Application (2020-2025)
8 Europe
8.1 Europe Thymol Market Size YoY Growth 2020-2031
8.2 Europe Thymol Market Facts & Figures by Country
8.2.1 Europe Thymol Sales by Country (2020-2031)
8.2.2 Europe Thymol Revenue by Country (2020-2031)
8.3 Europe Thymol Sales by Type (2020-2025)
8.4 Europe Thymol Sales by Application (2020-2025)
9 Latin America
9.1 Latin America Thymol Market Size YoY Growth 2020-2031
9.2 Latin America Thymol Market Facts & Figures by Country
9.2.1 Latin America Thymol Sales by Country (2020-2031)
9.2.2 Latin America Thymol Revenue by Country (2020-2031)
9.3 Latin America Thymol Sales by Type (2020-2025)
9.4 Latin America Thymol Sales by Application (2020-2025)
10 Middle East and Africa
10.1 Latin America Thymol Market Size YoY Growth 2020-2031
10.2 Middle East and Africa Thymol Market Facts & Figures by Country
10.2.1 Middle East and Africa Thymol Sales by Country (2020-2031)
10.2.2 Middle East and Africa Thymol Revenue by Country (2020-2031)
10.3 Middle East and Africa Thymol Sales by Type (2020-2025)
10.4 Middle East and Africa Thymol Sales by Application (2020-2025)
11 Supply Chain and Sales Channel analysis
11.1 Thymol Supply Chain Analysis
11.2 Thymol Key Raw Materials and Upstream Suppliers
11.3 Thymol Clients Analysis
11.4 Thymol Sales Channel and Sales Model Analysis
11.4.1 Thymol Distribution Channel Analysis: Indirect Sales VS Direct Sales
11.4.2 Thymol Distribution Channel Analysis: Online Sales VS Offline Sales
11.4.3 Thymol Distributors
12 Thymol Market Dynamics
12.1 Thymol Industry Trends
12.2 Thymol Market Drivers
12.3 Thymol Market Challenges
12.4 Thymol Market Restraints
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.1.1 Research Programs/Design
14.1.1.2 Market Size Estimation
14.1.1.3 Market Breakdown and Data Triangulation
14.1.2 Data Source
14.1.2.1 Secondary Sources
14.1.2.2 Primary Sources
14.2 Author Details
14.3 Disclaimer