Denatonium is the most bitter chemical compound known, with bitterness thresholds of 0.05 ppm for the benzoate and 0.01 ppm for the saccharide. It was discovered by Macfarlan Smith, a Johnson Matthey company in 1958. Denatonium benzoate is a common bittering agent used in a variety of products such as antifreeze, windshield washer fluid, perfume, nail polish, paints, disinfectants, cleaning fluids, rubbing alcohol, paints, varnishes, solvents, and pesticides. The global denatonium benzoate market is expected to increase by USD 104 million, at a compound annual growth rate (CAGR) of 3.8% from 2022 to 2028, according to the latest edition of the Global Denatonium Benzoate Market Report.
This industry report offers market estimates of the global market, followed by a detailed analysis of the application, and region. The global market data on denatonium benzoate can be segmented by application: agriculture and gardening, automotive, cosmetics, household, industrial, others. Among these, the household segment was accounted for the highest revenue generator in 2021. Denatonium benzoate market is further segmented by region: Asia Pacific, Europe, North America, Rest of the World (RoW). North America is estimated to account for the largest share of the global denatonium benzoate market.
The global denatonium benzoate market is highly competitive. As of 2021, the major players in the global denatonium benzoate market were C-Tech Corporation, Dhaval Dyes (DD), Hubei Artec Biotechnology Co. Ltd., Johnson Matthey Plc, Nikita Transphase Adducts Pvt. Ltd., PMC Specialties Group Inc., SENTINALCO s.a., UPL Limited, Zhejiang Synose Tech Co. Ltd.
The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.
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| REPORT ATTRIBUTE | DETAILS |
|---|---|
| Base Year | 2021 |
| Forecast Year | 2022-2028 |
| CAGR (2022-2028) | 3.8% |
| Pages | 20 |
| Key Players | C-Tech Corporation, Dhaval Dyes (DD), Hubei Artec Biotechnology Co. Ltd., Johnson Matthey Plc, Nikita Transphase Adducts Pvt. Ltd., PMC Specialties Group Inc., SENTINALCO s.a., UPL Limited, Zhejiang Synose Tech Co. Ltd. |
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