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Citronellol Market 2020 Scope of the Report: Crescent Fragrances Pvt. Ltd., Guangzhou Baihua Flavors and Fragrances Co., Ltd, ETC

Citronellol Market

Citronellol Market

Citronellol Market: Introduction

Transparency Market Research delivers key insights on the global citronellol market. In terms of revenue, the global citronellol market is estimated to expand at a CAGR of 3.8% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global citronellol market.

The global citronellol market is broadly affected by several factors such as rose oil import-export data, flavor & fragrance industry growth, and GDP growth of respective countries considered in the study. Thus, expansion in applications of citronellol in different sectors is propelling the global citronellol market.
Citronellol Market: Prominent Regions

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Asia Pacific dominated the global citronellol market with more than 50% share in 2019. This trend is anticipated to continue during the forecast period. Rise in demand for flavor and fragrance products in Asia Pacific is boosting the demand for citronellol in the region.

Companies such as Privi Speciality Chemicals Limited, Crescent Fragrances Pvt. Ltd., Guangzhou Baihua Flavors and Fragrances Co., Ltd, Capot Chemical Co., Ltd., Zhejiang NHU Co. Ltd., Takasago International Corporation, and Jayshree Aromatics Pvt. Ltd. operate in the citronellol market in Asia Pacific. These players focus on managing the cost of raw materials, and optimizing energy and other utility usage.

The citronellol market in Europe is estimated to expand at a healthy CAGR during the forecast period due to the growth in flavor & fragrance, personal care, and home care sectors in the region. Mergers and acquisitions and capacity expansion are key strategies adopted by major companies to gain higher share of the citronellol market.

Citronellol Market: Key Players

The global citronellol market was highly consolidated in 2019. Major manufacturers collectively accounted for more than 50% share of the global citronellol market in 2019. BASF SE, Jayshree Aromatics Pvt Ltd, Takasago International Corporation, Privi Speciality Chemicals Limited, Crescent Fragrances Pvt. Ltd, Guangzhou Baihua Flavours and Fragrances Co., Ltd., International Flavors & Fragrances Inc., Emerald Performance Materials, Zhejiang NHU Co. Ltd., and Capot Chemical Co., Ltd. are the key players operating in the global citronellol market.

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Jayshree Aromatics Pvt. Ltd. is a manufacturer of citronellol dye intermediates and pigments. These are widely employed in end-use industries such as fragrance, flavor, pharmaceutical, and nutraceutical.

Global Citronellol Market: Segmentation

Citronellol Market, by Purity

More than 94%
Between 85% and 87%
Less than Equal to 85%

Citronellol Market, by Application

Flavor & Fragrance
Personal Care
Fabric Care
Home Care
Others (including Medicines and Pesticides)

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Citronellol Market: Overview

According to Transparency Market Research's latest research report on the global citronellol market for the base year 2019 and the forecast period 2020 to 2030, rise in usage of citronellol in the fragrance and personal care industries is expected to boost the global citronellol market during the forecast period

In terms of revenue, the global citronellol market is estimated to reach US$ 146.8 Mn by 2030, expanding at a CAGR of 3.8% during the forecast period

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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyse information.

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