Linalool market has huge room for development. my country is a major producer and exporter.

Linalool, also known as linalool and linalool, refers to a mixture containing α- and β-isomers. Linalool appears as a colorless oily liquid, which is flammable and has a low boiling point. It is soluble in the aroma of lily of the valley and is easily soluble in organic solvents such as ethanol and ethylene glycol, but is insoluble in glycerin and water. Linalool has active chemical properties and can be biotransformed under the catalysis of microorganisms. It is widely used in fields such as flavors and fragrances, medical and health care, and daily chemicals.

According to the “2022-2026 China Linalool Industry Market In-depth Research and Development Prospects Forecast Report released by the Industrial Research Center, The upstream of the linalool industry chain supplies raw materials, including turpentine and petroleum. Turpentine is a companion product of rosin. my country has a vast territory and rich pine resources, which has driven the continuous increase in the production of turpentine and rosin. In 2021, my country’s turpentine production reached 79,000 tons, a year-on-year increase of 17.1%. Benefiting from the sufficient supply of raw materials, my country’s linalool production has shown a steady growth trend. In 2021, my country’s linalool production will reach 13,000 tons, a year-on-year increase of 1.4%. Zhejiang, Hubei, Sichuan and Jiangxi are the main producing areas of linalool in my country, and the linalool production in the above areas ranks among the top in my country.

The downstream of the linalool industry chain is the application field, with flavors and fragrances being the largest demand end. my country is one of the major suppliers of flavors and fragrances in the world and has core competitiveness in product research and development and production technology. According to statistics from the China Fragrances, Flavors and Cosmetics Industry Association, my country’s flavor and fragrance production will reach 2,000 tons in 2021, a year-on-year increase of 4.5%. Driven by market demand, my country’s linalool sales have continued to grow. In 2021, my country’s linalool sales will exceed 10,000 tons.

At present, my country’s linalool market is in a situation of oversupply, and export trade has become one of the important channels to resolve overcapacity. Affected by the COVID-19 epidemic, overseas market demand has gradually slowed down, resulting in a slight decline in my country’s linalool exports. According to statistics from the General Administration of Customs of China, my country’s linalool export volume reached 5,000 tons in 2021, a year-on-year decrease of 3.9%. Indonesia, India, Singapore and Spain are my country’s main exporters of linalool, of which India accounts for 25.0% of my country’s total exports.

my country’s linalool industry is highly concentrated. Zhejiang Xinhecheng and Shanghai Petrochemical are the leading linalool companies in my country, accounting for nearly 90.0% of the market share. NHU’s annual production capacity of linalool reaches 10,000 tons, ranking second in the world after BASF, a world-renowned chemical company.

Industry analysts said that my country is the world’s main producer and exporter of linalool. As the severe epidemic situation is gradually brought under control, The growing demand in overseas markets will drive my country’s linalool exports to gradually pick up. As an industry with high technological content and strong supporting functions in the national economy, fragrances and flavors are widely used in many fields. In this context, my country’s linalool will gain broad market prospects.