Press release
Future Growth of Anisole Market Brief Analysis By Top Key Players Solvay S.A., Merck & Co., Inc., Evonik, Atul Ltd, Triveni Chemicals, Huaian Depon Chemical Co., Ltd., Shanghai Worldyang chemical Co & more
Anisole
Historical data from 2013 is provided for Anisole market along with estimates and forecasts to 2024 based on segmentation of Anisole industry by Purity, by Application, companies and regions. Previous years’ data offers fact based information on trends and growth graph while the forecasts aim to show an outlook of Anisole market for the next few years keeping in mind the advancements happening in the sector.
Coming back to the premium report on structural steel market for 2018-2024, companies profiled in this research include Solvay S.A., Merck & Co., Inc., Evonik, Atul Ltd, Triveni Chemicals, Huaian Depon Chemical Co., Ltd., Shanghai Worldyang chemical Co, Oakwood Products, Inc, Clean Science and Technology Private Limited, Eastman Chemical Company.
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Anisole market will be mainly driven by its increasing application as an intermediate in manufacturing of dyes, pharmaceuticals & fragrances. Anisole possesses characteristics such as good solubility in ethanol, diethyl ether, chloroform, benzene, and other organic solvents. It is employed as a precursor to insect pheromones and also acts as a solvent in the synthesis of organic compounds.
The increasing purchasing power, demand for enhanced skin-care products and growing image consciousness among middle and high income working class has resulted into growing utilization of the product in cosmetics industry. Favorable demographics and social media are playing an active role in increasing awareness about personal care products along with developing fashion consciousness in metropolitan as well as tier-1 & 2 cities. Such improvements in lifestyle and increasing adoption of western culture will accelerate global anisole market during the forecast spell.
Based on volume, Pharmaceuticals segment will exhibit growth with a CAGR of around 4.4%. The product is extensively used as a chemical intermediate in manufacturing of bulk pharmaceuticals like Dextromethorphan, Raloxifene and substrates of expectorant and antiseptics etc. By 2024, cosmetics industry will account for around a third of the global anisole market.
Increasing population coupled with advanced living standards has significantly upsurge the production of perfumes and fragrances products. This trend is projected to boost the overall industry growth during the forecast spell.
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Asia Pacific region will foresee significant growth with the highest share of close to 30% owing to rising disposable income, impact of globalization on lifestyles, dependence on imported personal care products and increasing footprints of overseas brands among the people. Further, changing climatic conditions in the region will significantly propel the usage of skin care products with SPF measures for sunscreen protection.
Table of Content:
Chapter 1. Methodology
Chapter 2. Executive Summary
Chapter 3. Anisole Industry Insights
Chapter 4. Anisole Market Of Purity By Application
Chapter 5. Anisole Market, By Application
Chapter 6. Anisole Market, By Region
Chapter 7. Company Profiles.
Complete report at: https://www.marketstudyreport.com/reports/anisole-market
Related Report:
Global Anisole (CAS 100-66-3) Market Outlook 2018-2023
The Global Market for anisole (CAS 100-66-3) to 2023 offers detailed coverage of anisole industry and presents main market trends. The market research gives historical and forecast market size, demand and production forecasts, end-use demand details, price trends, and company shares of the leading anisole producers to provide exhaustive coverage of the anisole. The Global Market for anisole (CAS 100-66-3) to 2023 offers detailed coverage of anisole industry and presents main market trends. The market research gives historical and forecast market size, demand and production forecasts, end-use demand details, price trends, and company shares of the leading anisole producers to provide exhaustive coverage of the anisole.
https://www.marketstudyreport.com/reports/global-anisole-cas-100-66-3-market-outlook-2018-2023
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The global anisole market is mainly being filliped by demand from the cosmetic industry because of their artificial perfume. Anisole is basically described as flavoring agent and a precursor to perfumes, pharmaceuticals, and insect pheromones. Synthetic anethole is primarily formulated from anisole. The players in the global anisole market are seen focusing on improving the manufacturing processes and technologies so as to increase their margins.
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