Press release
Farnesene Market Insights on Trends, Drivers and Opportunities by 2025 & key players - Amyris, Inc., Intrexon Corporation (The U.S.), Chromatin, Inc., Toronto Research Chemical, Penta Manufacturer, and Bedoukian Research Inc.
Farnesene Market was valued at USD 33 Million in 2016 and projected to reach USD 262 Million by 2025 growing at a CAGR of 25% during the forecast period 2018 to 2025.
Farnesene Market Overview:
The farnesene industry size is expected to develop significantly over the following seven years on account of increased usage in cosmetics, perfumes, detergents, manufacturing lubricants and transportation fuels. Building emission control norms and use of biofuels in the vehicle and aviation sector is expected to promote industry growth. Furthermore, the usage of farnesene in products such as diesel, jet ammunition, oils, polymers, and plastic additives is expected to drive the demand for the industry.
Use of farnesene-based jet ammunition and renewable diesel is likely to be cost-effective, which will support its use as a replacement for artificial fuels to lower greenhouse gas emissions. Farnesene occurs directly in many plants as well as in fruits such as lime, hip, mandarin, orange and grapefruit and is anticipated to support the industry growth over the next seven years.
Browse details of 104 number of pages research report developed on Farnesene Market @ https://www.researchcosmos.com/reports/global-farnesene-market-professional-survey-report-2018/44143103
Farnesene Market Growth Drivers and Restraints:
It is used widely in the cosmetic and perfume industry due to its pleasant odor, which is expected to drive the market growth in the forthcoming years. It is used as a component in moisturizing and anti-aging cream formulations and is likely to see industry growth owing to the boost in the cosmetic and personal care goods industry. The product finds its use in many food requests in light of its good flavor that is likely to increase its demand in the future. The flavor attribute gives it an excellent supplement in drinks and juices and is likely to augment its demand. Other forms of farnesene are in adhesives, surfactants, stabilizers, oligomers, polymers, fragrances, resins, foams, coatings, sealants, vitamin precursors, and crop security, which also support to the boom of the market.
Cosmetic &Personal care application managed to hold most of the market share for the product and is expected to witness significant growth over the following seven years. Review material application includes usage of this in increasing performance and shape stability of rubber tire and is predicted to see market growth due to the germination in automotive and aviation tire industry.
Geographical Insights of the Farnesene Market:
Europe controlled the market on account of growing cosmetic and personal care business and is anticipated to increase significantly over the forthcoming years. Performance material industry is projected to see substantial market growth on account of growing automotive and aeronautics industry in Europe.
Ask Free Sample of the report @ https://www.researchcosmos.com/request/global-farnesene-market-professional-survey-report-2018/44143103
Key Players of the Farnesene Market:
Some important players in the global farnesene industry include Amyris, Inc., Intrexon Corporation (The U.S.), Chromatin, Inc., Toronto Research Chemical, Penta Manufacturer, and Bedoukian Research Inc among others.
Farnesene Market Key Segmentation:
By product:
• α-Farnesene
• β-farnesene
By Application:
• Cosmetics
• Flavor and Fragrances
• Lubricants
• Performance Materials
By Region:
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa
For any queries, inquire more @ https://www.researchcosmos.com/inquire/global-farnesene-market-professional-survey-report-2018/44143103
About Us:
Research Cosmos is a provider of standard and customized market research, business intelligence and consulting services across more than 100 domains in different industries of the world. We host the trending market reports of the world’s top-notch publishing companies, offering services to a wide range of customers from students to fortune 500 companies and discloses the hidden opportunities in every leading industry of the world.
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Research Cosmos
www.researchcosmos.com
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