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Citral Market Competition by Players and Application by 2025

11-21-2018 09:51 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: QY Research, INC

Citral Market Competition by Players and Application by 2025

This study focuses on the production side and consumption side of Citral, presents the global Citral market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Citral capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.

In terms of consumption side, this report focuses on the consumption of Citral by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.

Citral (C10H16O), also called 3,7-dimethyl-2,6-octadienal, a pale yellow liquid, with a strong lemon odour, that occurs in the essential oils of plants. It is insoluble in water but soluble in ethanol (ethyl alcohol), diethyl ether, and mineral oil. It is used in perfumes and flavourings and in the manufacture of other chemicals. Chemically, citral is a mixture of two aldehydes that have the same molecular formula but different structures.

In consumption market, the global sales value decreases with the 1.78% average growth rate. Europe and China are the mainly consumption regions due to the bigger demand of downstream applications. In next two or three years, the production of citral would increase rapidly, which results from BASF putting into production in Malaysia and Zhejiang NHU new project of citral. So the international competition would be much keener. And then the price and gross would decrease. We predicted that the citral industry would present excess capacity status, while the demand exceeds supply recently.

Citral is mainly used in lemon essence, vitamin A, ionone, menthol and others. Report data showed that 5.93% of the citral market demand in lemon essence, 43.86% in vitamin A, 9.80% in ionone, and 31.84% in menthol in 2015. With the development of economy, these industries will need more citral. So, citral has a huge market potential in the future. Manufacturers engaged in the industry are trying to produce high quality citral through improving manufacturing process.

We tend to believe this industry is a rising industry, and the consumption increasing degree will show a smooth growth curve. And the price presents fluctuation according to the economy development status. Also, there will be fluctuation in gross margin.

The Citral market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Citral.

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This report includes the following manufacturers; we can also add the other companies as you want.

BASF

Kuraray

Zhejiang NHU

Kalpsutra Chemicals

Jiangxi Xuesong

Guangzhou Ri Huace

Jiangxi Global Natural Spices

Rajkeerth

Industrial and Fine Chemicals

Xinhua Nuowei

Market Segment by Product Type

Natural Citral

Synthetic Citral

Market Segment by Application

Lemon Essence

Vitamin A

Ionone

Menthol

Others

Market size split by Region

•North America
•Asia-Pacific
•Europe
•Central & South America
•Middle East & Africa

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