Global Guaiacol Market is projected to expand at A CAGR of 5.0% within expectations

Date: 2016-09-12

Guaiacol is a slightly yellowish, aromatic, crystalline substance, C7H8O2, resembling creosote and usually obtained from guaiacum resin, first isolated by Otto Unverdorben in 1826. Although it is biosynthesized by a variety of organisms, this yellowish aromatic oil is usually derived from guaiacum or wood creosote. Samples darken upon exposure to air and light. Guaiacol is present in wood smoke, resulting from the pyrolysis of lignin. The compound contributes to the flavor of many compounds, e.g., roasted coffee. It is used in medicine chiefly as an expectorant and local anesthetic.

Guaiacol is a precursor to various flavorants, such as eugenol and vanillin. Its derivatives are used medicinally as an expectorant, antiseptic, and local anesthetic. It also can be used as an indicator in chemical reactions that produce oxygen. When oxygen binds to it, the complex turns yellowish brown and absorbs light maximally at about 470 nm.

Guaiacol carbonate is known as duotal, the phosphate as phosphatol, the phosphite as guaiaco-phosphal (phosphotal is a mixture of the phosphites of creosote phenols). The valerianic ester of guaiacol is known as geosote, the benzoic as benzosol, the salicylic as guaiacolsalol, while the glycerin ether is the drug guaifenesin. The related derivative, dimethoxybenzene or veratrole, is also useful. In preparation of food by smoking, guaiacol is the main chemical responsible for the smoky taste, whereas syringol is responsible for the smoky aroma.

The global guaiacol market is projected to expand at a CAGR of 5.0% within expectations, this is due to the continuous development of the medical profession. Based on the applications, guaiacol occupied the largest market share in medical field in 2015, and will continue to maintain in the next few years. In terms of region, guaiacol market in North America and Europe have become mature, Asia-Pacific is fastest growing market of guaiacol, is also the largest market for demand, based on the rapid development of the medical profession.

The major competitors in the market include Carbone scientific (UK), UkrOrgSyntez Ltd. (Ukraine), ALLICHEM LLC (USA), Toronto Research Chemicals (Canada), HBCChem, Inc. (USA) etc..

Global Guaiacol Price Trend ($/Ton), 2010-2015


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Joanna | Executive – International Business and partner Relations
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