Press release
Musk Market will surge at 0.8% CAGR up to 2025: QY Research, Inc.
global musk market
The global Musk market is valued at 160 million US$ in 2018 is expected to reach 170 million US$ by the end of 2025, growing at a CAGR of 0.8% during 2019-2025.
Get PDF Document of the Musk Market report https://www.qyresearch.com/sample-form/form/956167/global-musk-competition-analysis
Musk is a class of aromatic substances commonly used as base notes in perfumery. They include glandular secretions from animals such as the musk deer, numerous plants emitting similar fragrances, and artificial substances with similar odors. Musk was a name originally given to a substance with a penetrating odor obtained from a gland of the male musk deer. The substance has been used as a popular perfume fixative since ancient times and is one of the more expensive animal products in the world.
In 2015, the global synthetic musk market was led by China. Europe was the second-largest region-wise market. At present, the major manufacturers of synthetic musk are concentrated in China and Europe. Yingyang is the world leader, holding 34.46% production market share in 2015. Firmenich and Symrise are also synthetic musk market leader in Europe.
Musk downstream is wide and recently Musk has acquired increasing significance in various fields of household chemicals, pharmacology and others. Globally, the musk market is mainly driven by growing demand for household chemicals.
According to our research and analysis, synthetic musk manufacturers from China and EU are the major leaders in the international market of musk. Manufacturers from China are immature in technology. There is large space in the global market, as well as big gap between international brands and china brands on price. In the future, green synthetic musk will be the mainstream market. Currently, the European manufacturers are trying to improve their technology. In sum, artificial musk and synthetic musk production is still too small for the whole market.
This report focuses on Musk volume and value at a global level, regional level, and company level. From a global perspective, this report represents the overall Musk market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At the company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
Major Key Manufacturers of Musk Market are:
Firmenich
Symrise
PFW
Yingyang
Great Nation
Achiever Biochem
Fangsheng
Lianxin
Huixiang
SIMDB
Hongyan
Tiancheng
Huashan
Musk market includes market size, segmentation data and geographical analysis of market growth trends, leading companies, and microeconomic information.
Major Classification as follows:
Natural Musk
Artificial Musk
Synthetic Musk
Major Application as follows:
Pharmacology
Household Chemicals
Others
Click to view Tables, Charts, Figures, TOC, and Companies Mentioned in the global Musk market Report @ https://www.qyresearch.com/index/detail/956167/global-musk-competition-analysis
Reasons to buy this report:
The Musk report is designed in a method that assists clients to acquire a complete knowledge of the overall market scenario and the important sectors.
This report consists of a detailed overview of Musk market dynamics and comprehensive research.
Explore further Musk market opportunities and identify high potential categories based on detailed volume and value analysis.
Detail information on competitive landscape, Musk recent market trends and changing technologies that can be useful for the companies which are competing in the Musk industry.
Gaining knowledge about Musk market competitive landscape based on detailed brand share analysis to plan an effective market positioning.
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About Us:
QYResearch always pursuits high product quality with the belief that quality is the soul of business. Through years of effort and supports from the huge number of customer supports, QYResearch consulting group has accumulated creative design methods on many high-quality markets investigation and research team with rich experience. Today, QYResearch has become the brand of quality assurance in the consulting industry.
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QY Research, INC.
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