The global market for Synthetic Cooling Agent was valued at US$ 412 million in the year 2024 and is projected to reach a revised size of US$ 628 million by 2031, growing at a CAGR of 6.2% during the forecast period.
A synthetic cooling agent is a chemical compound designed to create a cooling sensation when applied to the skin, mucous membranes, or consumed orally. Unlike natural menthol, which is commonly associated with cooling effects, synthetic cooling agents are artificially produced and offer greater flexibility in sensory characteristics, intensity, and duration. They work by activating cold-sensitive TRPM8 receptors in the body, mimicking the sensation of cold without actual temperature changes. Synthetic cooling agents are widely used in products like food and beverages, oral care (toothpaste and mouthwash), personal care (lotions and creams), pharmaceuticals, and even industrial applications where cooling sensations are desirable. Popular examples include compounds like WS-23, WS-3, and WS-12.
North American market for Synthetic Cooling Agent is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Synthetic Cooling Agent is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global manufacturers of Synthetic Cooling Agent include Symrise, BASF, Agson Global, Takasago, Kunshan Asia Aroma, Apple Flavor & Fragrance, Anhui Chinaherb Flavors&fragrances, Arora Aromatics, Swati Menthol & Allied Chem, KM Chemicals, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Synthetic Cooling Agent, 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 Synthetic Cooling Agent.
The Synthetic Cooling Agent market size, estimations, and forecasts are provided in terms of output/shipments (Tons) 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 Synthetic Cooling Agent 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 Synthetic Cooling Agent manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Symrise
BASF
Agson Global
Takasago
Kunshan Asia Aroma
Apple Flavor & Fragrance
Anhui Chinaherb Flavors&fragrances
Arora Aromatics
Swati Menthol & Allied Chem
KM Chemicals
A.G. Industries
Mentha & Allied Products
Neeru Enterprises
Vinayak
Hindustan Mint & Agro Products
Mianyang Simaergu Biotechnology
Anhui Fengle Perfume
Mount Huangshan Tianxiang Technology
by Type
WS Series
Menthol
Others
by Application
Personal care Products
Food and Beverages
Pharmaceuticals
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, 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: Detailed analysis of Synthetic Cooling Agent manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Synthetic Cooling Agent by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Synthetic Cooling Agent in regional level and country 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, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size 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 market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
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1 Synthetic Cooling Agent Market Overview
1.1 Product Definition
1.2 Synthetic Cooling Agent by Type
1.2.1 Global Synthetic Cooling Agent Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 WS Series
1.2.3 Menthol
1.2.4 Others
1.3 Synthetic Cooling Agent by Application
1.3.1 Global Synthetic Cooling Agent Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Personal care Products
1.3.3 Food and Beverages
1.3.4 Pharmaceuticals
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Synthetic Cooling Agent Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Synthetic Cooling Agent Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Synthetic Cooling Agent Production Estimates and Forecasts (2020-2031)
1.4.4 Global Synthetic Cooling Agent Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Synthetic Cooling Agent Production Market Share by Manufacturers (2020-2025)
2.2 Global Synthetic Cooling Agent Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Synthetic Cooling Agent, Industry Ranking, 2023 VS 2024
2.4 Global Synthetic Cooling Agent Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Synthetic Cooling Agent Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Synthetic Cooling Agent, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Synthetic Cooling Agent, Product Offered and Application
2.8 Global Key Manufacturers of Synthetic Cooling Agent, Date of Enter into This Industry
2.9 Synthetic Cooling Agent Market Competitive Situation and Trends
2.9.1 Synthetic Cooling Agent Market Concentration Rate
2.9.2 Global 5 and 10 Largest Synthetic Cooling Agent Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Synthetic Cooling Agent Production by Region
3.1 Global Synthetic Cooling Agent Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Synthetic Cooling Agent Production Value by Region (2020-2031)
3.2.1 Global Synthetic Cooling Agent Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Synthetic Cooling Agent by Region (2026-2031)
3.3 Global Synthetic Cooling Agent Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Synthetic Cooling Agent Production Volume by Region (2020-2031)
3.4.1 Global Synthetic Cooling Agent Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Synthetic Cooling Agent by Region (2026-2031)
3.5 Global Synthetic Cooling Agent Market Price Analysis by Region (2020-2025)
3.6 Global Synthetic Cooling Agent Production and Value, Year-over-Year Growth
3.6.1 North America Synthetic Cooling Agent Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Synthetic Cooling Agent Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Synthetic Cooling Agent Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Synthetic Cooling Agent Production Value Estimates and Forecasts (2020-2031)
4 Synthetic Cooling Agent Consumption by Region
4.1 Global Synthetic Cooling Agent Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Synthetic Cooling Agent Consumption by Region (2020-2031)
4.2.1 Global Synthetic Cooling Agent Consumption by Region (2020-2025)
4.2.2 Global Synthetic Cooling Agent Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Synthetic Cooling Agent Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Synthetic Cooling Agent Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Synthetic Cooling Agent Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Synthetic Cooling Agent Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Synthetic Cooling Agent Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Synthetic Cooling Agent Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Synthetic Cooling Agent Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Synthetic Cooling Agent Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Synthetic Cooling Agent Production by Type (2020-2031)
5.1.1 Global Synthetic Cooling Agent Production by Type (2020-2025)
5.1.2 Global Synthetic Cooling Agent Production by Type (2026-2031)
5.1.3 Global Synthetic Cooling Agent Production Market Share by Type (2020-2031)
5.2 Global Synthetic Cooling Agent Production Value by Type (2020-2031)
5.2.1 Global Synthetic Cooling Agent Production Value by Type (2020-2025)
5.2.2 Global Synthetic Cooling Agent Production Value by Type (2026-2031)
5.2.3 Global Synthetic Cooling Agent Production Value Market Share by Type (2020-2031)
5.3 Global Synthetic Cooling Agent Price by Type (2020-2031)
6 Segment by Application
6.1 Global Synthetic Cooling Agent Production by Application (2020-2031)
6.1.1 Global Synthetic Cooling Agent Production by Application (2020-2025)
6.1.2 Global Synthetic Cooling Agent Production by Application (2026-2031)
6.1.3 Global Synthetic Cooling Agent Production Market Share by Application (2020-2031)
6.2 Global Synthetic Cooling Agent Production Value by Application (2020-2031)
6.2.1 Global Synthetic Cooling Agent Production Value by Application (2020-2025)
6.2.2 Global Synthetic Cooling Agent Production Value by Application (2026-2031)
6.2.3 Global Synthetic Cooling Agent Production Value Market Share by Application (2020-2031)
6.3 Global Synthetic Cooling Agent Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Symrise
7.1.1 Symrise Synthetic Cooling Agent Company Information
7.1.2 Symrise Synthetic Cooling Agent Product Portfolio
7.1.3 Symrise Synthetic Cooling Agent Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Symrise Main Business and Markets Served
7.1.5 Symrise Recent Developments/Updates
7.2 BASF
7.2.1 BASF Synthetic Cooling Agent Company Information
7.2.2 BASF Synthetic Cooling Agent Product Portfolio
7.2.3 BASF Synthetic Cooling Agent Production, Value, Price and Gross Margin (2020-2025)
7.2.4 BASF Main Business and Markets Served
7.2.5 BASF Recent Developments/Updates
7.3 Agson Global
7.3.1 Agson Global Synthetic Cooling Agent Company Information
7.3.2 Agson Global Synthetic Cooling Agent Product Portfolio
7.3.3 Agson Global Synthetic Cooling Agent Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Agson Global Main Business and Markets Served
7.3.5 Agson Global Recent Developments/Updates
7.4 Takasago
7.4.1 Takasago Synthetic Cooling Agent Company Information
7.4.2 Takasago Synthetic Cooling Agent Product Portfolio
7.4.3 Takasago Synthetic Cooling Agent Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Takasago Main Business and Markets Served
7.4.5 Takasago Recent Developments/Updates
7.5 Kunshan Asia Aroma
7.5.1 Kunshan Asia Aroma Synthetic Cooling Agent Company Information
7.5.2 Kunshan Asia Aroma Synthetic Cooling Agent Product Portfolio
7.5.3 Kunshan Asia Aroma Synthetic Cooling Agent Production, Value, Price and Gross Margin (2020-2025)
7.5.4 Kunshan Asia Aroma Main Business and Markets Served
7.5.5 Kunshan Asia Aroma Recent Developments/Updates
7.6 Apple Flavor & Fragrance
7.6.1 Apple Flavor & Fragrance Synthetic Cooling Agent Company Information
7.6.2 Apple Flavor & Fragrance Synthetic Cooling Agent Product Portfolio
7.6.3 Apple Flavor & Fragrance Synthetic Cooling Agent Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Apple Flavor & Fragrance Main Business and Markets Served
7.6.5 Apple Flavor & Fragrance Recent Developments/Updates
7.7 Anhui Chinaherb Flavors&fragrances
7.7.1 Anhui Chinaherb Flavors&fragrances Synthetic Cooling Agent Company Information
7.7.2 Anhui Chinaherb Flavors&fragrances Synthetic Cooling Agent Product Portfolio
7.7.3 Anhui Chinaherb Flavors&fragrances Synthetic Cooling Agent Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Anhui Chinaherb Flavors&fragrances Main Business and Markets Served
7.7.5 Anhui Chinaherb Flavors&fragrances Recent Developments/Updates
7.8 Arora Aromatics
7.8.1 Arora Aromatics Synthetic Cooling Agent Company Information
7.8.2 Arora Aromatics Synthetic Cooling Agent Product Portfolio
7.8.3 Arora Aromatics Synthetic Cooling Agent Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Arora Aromatics Main Business and Markets Served
7.8.5 Arora Aromatics Recent Developments/Updates
7.9 Swati Menthol & Allied Chem
7.9.1 Swati Menthol & Allied Chem Synthetic Cooling Agent Company Information
7.9.2 Swati Menthol & Allied Chem Synthetic Cooling Agent Product Portfolio
7.9.3 Swati Menthol & Allied Chem Synthetic Cooling Agent Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Swati Menthol & Allied Chem Main Business and Markets Served
7.9.5 Swati Menthol & Allied Chem Recent Developments/Updates
7.10 KM Chemicals
7.10.1 KM Chemicals Synthetic Cooling Agent Company Information
7.10.2 KM Chemicals Synthetic Cooling Agent Product Portfolio
7.10.3 KM Chemicals Synthetic Cooling Agent Production, Value, Price and Gross Margin (2020-2025)
7.10.4 KM Chemicals Main Business and Markets Served
7.10.5 KM Chemicals Recent Developments/Updates
7.11 A.G. Industries
7.11.1 A.G. Industries Synthetic Cooling Agent Company Information
7.11.2 A.G. Industries Synthetic Cooling Agent Product Portfolio
7.11.3 A.G. Industries Synthetic Cooling Agent Production, Value, Price and Gross Margin (2020-2025)
7.11.4 A.G. Industries Main Business and Markets Served
7.11.5 A.G. Industries Recent Developments/Updates
7.12 Mentha & Allied Products
7.12.1 Mentha & Allied Products Synthetic Cooling Agent Company Information
7.12.2 Mentha & Allied Products Synthetic Cooling Agent Product Portfolio
7.12.3 Mentha & Allied Products Synthetic Cooling Agent Production, Value, Price and Gross Margin (2020-2025)
7.12.4 Mentha & Allied Products Main Business and Markets Served
7.12.5 Mentha & Allied Products Recent Developments/Updates
7.13 Neeru Enterprises
7.13.1 Neeru Enterprises Synthetic Cooling Agent Company Information
7.13.2 Neeru Enterprises Synthetic Cooling Agent Product Portfolio
7.13.3 Neeru Enterprises Synthetic Cooling Agent Production, Value, Price and Gross Margin (2020-2025)
7.13.4 Neeru Enterprises Main Business and Markets Served
7.13.5 Neeru Enterprises Recent Developments/Updates
7.14 Vinayak
7.14.1 Vinayak Synthetic Cooling Agent Company Information
7.14.2 Vinayak Synthetic Cooling Agent Product Portfolio
7.14.3 Vinayak Synthetic Cooling Agent Production, Value, Price and Gross Margin (2020-2025)
7.14.4 Vinayak Main Business and Markets Served
7.14.5 Vinayak Recent Developments/Updates
7.15 Hindustan Mint & Agro Products
7.15.1 Hindustan Mint & Agro Products Synthetic Cooling Agent Company Information
7.15.2 Hindustan Mint & Agro Products Synthetic Cooling Agent Product Portfolio
7.15.3 Hindustan Mint & Agro Products Synthetic Cooling Agent Production, Value, Price and Gross Margin (2020-2025)
7.15.4 Hindustan Mint & Agro Products Main Business and Markets Served
7.15.5 Hindustan Mint & Agro Products Recent Developments/Updates
7.16 Mianyang Simaergu Biotechnology
7.16.1 Mianyang Simaergu Biotechnology Synthetic Cooling Agent Company Information
7.16.2 Mianyang Simaergu Biotechnology Synthetic Cooling Agent Product Portfolio
7.16.3 Mianyang Simaergu Biotechnology Synthetic Cooling Agent Production, Value, Price and Gross Margin (2020-2025)
7.16.4 Mianyang Simaergu Biotechnology Main Business and Markets Served
7.16.5 Mianyang Simaergu Biotechnology Recent Developments/Updates
7.17 Anhui Fengle Perfume
7.17.1 Anhui Fengle Perfume Synthetic Cooling Agent Company Information
7.17.2 Anhui Fengle Perfume Synthetic Cooling Agent Product Portfolio
7.17.3 Anhui Fengle Perfume Synthetic Cooling Agent Production, Value, Price and Gross Margin (2020-2025)
7.17.4 Anhui Fengle Perfume Main Business and Markets Served
7.17.5 Anhui Fengle Perfume Recent Developments/Updates
7.18 Mount Huangshan Tianxiang Technology
7.18.1 Mount Huangshan Tianxiang Technology Synthetic Cooling Agent Company Information
7.18.2 Mount Huangshan Tianxiang Technology Synthetic Cooling Agent Product Portfolio
7.18.3 Mount Huangshan Tianxiang Technology Synthetic Cooling Agent Production, Value, Price and Gross Margin (2020-2025)
7.18.4 Mount Huangshan Tianxiang Technology Main Business and Markets Served
7.18.5 Mount Huangshan Tianxiang Technology Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Synthetic Cooling Agent Industry Chain Analysis
8.2 Synthetic Cooling Agent Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Synthetic Cooling Agent Production Mode & Process Analysis
8.4 Synthetic Cooling Agent Sales and Marketing
8.4.1 Synthetic Cooling Agent Sales Channels
8.4.2 Synthetic Cooling Agent Distributors
8.5 Synthetic Cooling Agent Customer Analysis
9 Synthetic Cooling Agent Market Dynamics
9.1 Synthetic Cooling Agent Industry Trends
9.2 Synthetic Cooling Agent Market Drivers
9.3 Synthetic Cooling Agent Market Challenges
9.4 Synthetic Cooling Agent Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Symrise
BASF
Agson Global
Takasago
Kunshan Asia Aroma
Apple Flavor & Fragrance
Anhui Chinaherb Flavors&fragrances
Arora Aromatics
Swati Menthol & Allied Chem
KM Chemicals
A.G. Industries
Mentha & Allied Products
Neeru Enterprises
Vinayak
Hindustan Mint & Agro Products
Mianyang Simaergu Biotechnology
Anhui Fengle Perfume
Mount Huangshan Tianxiang Technology
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*If Applicable.
