Musk Aroma Chemicals Industry Size 2018 Global Market Share, Trends, Key Players, Growth Application and 2023 Opportunity Forecast Report

Musk Aroma Chemicals Market 2018 Industry research report gives a systematic and competent approach to gather important statistics of Musk Aroma Chemicals industry. In which includes industry chain structure, Musk Aroma Chemicals market classification, dominant market players, product definition, and product scope.

PRODUCTION OF MUSK AROMA CHEMICALS AND RISING CONSUMPTION IN PERSONAL CARE AND DETERGENTS IS DRIVING MUSK AROMA CHEMICALS MARKET GROWTH

Musk Aroma Chemicals Market Scenario-

Based on geography, the global musk aroma chemicals market is categorized into five regions namely–North America, Europe, Asia Pacific, Latin America and the Middle East & Africa. Among the aforementioned regions, Europe accounted for around 33% market share in 2016 and continues to holds the largest market share. European musk aroma chemicals market is classified into Italy, France, Germany, UK, Spain, and others.

Germany and UK hold the largest market share and are predicted to retain their dominance due to large investments in R&D and increasing usage of branded personal care products. Moreover, rising popularity of customized & celebrity perfumes have positively influenced demand in the upcoming years. Furthermore, the market in Spain, Italy, France, and Russia are predicted to register steady CAGR on account of increasing laundry business, rising healthcare sector, and improved living standard.

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Musk Aroma Chemicals Top Key Players-

The major players operating in the Global Musk Aroma Chemicals Market are PFW Aroma Ingredients (the Netherlands), Sigma-Aldrich Co. LLC. , The Good Scents Company , Bell Flavors & Fragrances , International Flavors & Fragrances , Givaudan (Switzerland), Firmenich (Switzerland), Takasago (Japan), Guangzhou Flower Flavours & Fragrances Co., Ltd. (China), A.M. Aromatics Private Limited. (India), and others.

Musk Aroma Chemicals Market Segmentation-

The global musk aroma chemical market is categorized into source, application, and regions. Based on source, the market is bifurcated into natural and synthetic. Naturally musk aroma chemicals are derived from plants and animals. Muscone and civetone are the types of natural musk, whereas synthetic musk are known as white musks and are extensively used across the globe. Synthetic musk can be further classified as nitro musk, cylic ethers, polycyclic, alicyclic, and aliphatic.

Among the source, synthetic segment accounted for the largest market share in terms of volume and value in 2016 and will continue its dominance over the assessment period, 2017 to 2023. The demand for the natural segment is expected to hamper due to stringent regulations on animal killing as well as strict quality standards. Based on application, the market is segmented into soap & detergent, cosmetics & personal care, food, household products, and others.

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Others segment comprises of pharmaceutical, candles, and toiletries. Among these, cosmetic & personal care accounted for around 35% of the overall market share and is expected to retain its dominance due to wide utilization of beauty care products across the globe. Moreover, expansion of soap & detergent industry due to wide utilization of detergent in household as well as public laundry is predicted to propel the growth of the market.

Intended Audience-

Musk aroma chemicals manufacturers
Traders and Distributors of musk aroma chemicals
Production Process Industries
Potential Investors
Raw Material Suppliers
Nationalized Laboratory

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