Anisole Market is Projected to Reach USD 96.3 Million by 2030, Registering a CAGR of 6.5%

𝐀𝐧𝐢𝐬𝐨𝐥𝐞 𝐌𝐚𝐫𝐤𝐞𝐭

The anisole market size was valued at USD 55.6 million in 2021. It is projected to grow to USD 96.3 million by 2030, exhibiting a compound annual growth rate (CAGR) of 6.5% from 2022 to 2030.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐞𝐟𝐢𝐧𝐢𝐭𝐢𝐨𝐧

Anisole, also called methoxybenzene, is an organic compound that is colorless and has an odor resembling that of anise seed. Anisole is artificially produced and serves as a building block for other artificial compounds, functioning as an ether. Anisole is highly soluble in diethyl ether, ethanol, benzene, chloroform, toluene, and the majority of organic solvents. It is utilized for dissolving substances, attracting insects, and as a middle step in creating dyes, scents, medicines, etc.

𝐆𝐞𝐭 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.polarismarketresearch.com/industry-analysis/anisole-market/request-for-sample

𝐆𝐫𝐨𝐰𝐭𝐡 𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐚𝐧𝐝 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬:

● Rising disposable income and fast population growth have led to a higher demand for cosmetics, pharmaceuticals, beverages, and other products globally. More money to spend is enabling individuals to prioritize their well-being.
● The increasing demand for anisole is a result of the strong interest of the general population in personal grooming, health, and self-care products. An isolate functions well as an insect pheromone, too. It is anticipated that these factors will contribute positively to the growth of revenue in the market.

𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:

Because there are so many companies in the market, it is expected to be both competitive and fragmented. Here is the list of the leading companies operating in the anisole market:

• Solvay
• Merck & Co. Inc.
• Atul Ltd
• Benzo Chem Industries
• Surya Life Sciences Ltd.
• Westman Chemicals Pvt. Ltd.
• Emmennar Chem
• Camlin Fine Chemicals
• Evonik Industries AG.
• Kessler Chemical Inc.
• Shaanxi Top Chemical Co. Ltd.
• Yasho Industries Pvt.
• Clean Science & Technology
• Triveni Chemicals

𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐦𝐨𝐫𝐞 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐁𝐞𝐟𝐨𝐫𝐞 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞:
https://www.polarismarketresearch.com/industry-analysis/anisole-market/inquire-before-buying

𝐆𝐞𝐨𝐠𝐫𝐚𝐩𝐡𝐢𝐜𝐚𝐥 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞:

North America (U.S., Canada)
Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

𝐀𝐧𝐢𝐬𝐨𝐥𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬

• Up to 99.5% segment is anticipated to witness fastest growth over the forecast period as less pure anisole has high demand from end use industries such as cosmetic, food & beverages, pharmaceutical etc.
• Among different types of applications, the pharmaceutical segment accounted for the largest share owing to increasing consumer spending on pharmaceutical products. Prescription drug spending has increased by USD 95 billion between 2010 and 2020 in the United States.
• Asia-Pacific is expected to grow at a highest revenue share over the projected period on account of favorable government initiatives towards chemical sector. Also, According to a research released by the US Department of Commerce, Asian countries have seen an increase in per capita cosmetics spending in the last five years.

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐓𝐡𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐂𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐞𝐫𝐞:
https://www.polarismarketresearch.com/industry-analysis/anisole-market

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

The anisole market is primarily segmented based on purity, application, and region. Based on the purity analysis, the up to 99.5% purity segment is anticipated to witness the fastest market growth. It is applicable to different consumer goods. With the increase in average disposable income, there is a growing demand for various consumer products.Moreover, according to the application analysis, in 2021, the pharmaceutical segment held the largest market share.

Polaris Market Research has segmented the anisole market report based on purity, application:

Anisole, Purity Outlook (Revenue - USD Million, 2018 - 2030)

• Up To 99.5%
• Above 99.5%

Anisole, Application Outlook (Revenue - USD Million, 2018 - 2030)

• Pharmaceuticals
• Cosmetics
• Food & Beverages
• Perfumes
• Pesticides and Insecticides
• Other Application

𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

Organic Peroxide Market: https://www.polarismarketresearch.com/industry-analysis/organic-peroxide-market

Automotive Shredded Residue Market: https://www.polarismarketresearch.com/industry-analysis/automotive-shredded-residue-market

Industrial Gases Market: https://www.polarismarketresearch.com/industry-analysis/industrial-gases-market

High Purity Silica Sand for Solar Cell Market: https://www.polarismarketresearch.com/industry-analysis/high-purity-silica-sand-for-solar-cell-market

Medical Packaging Films Market: https://www.polarismarketresearch.com/industry-analysis/medical-packaging-films-market

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