Press release
Phenethyl Formate Market Outlook 2025, Key Trends, Growth Forecast, Strategic Insights and Industry Analysis
The global Phenethyl Formate market is broadly studied in the report with large focus on market competition, segmentation, geographical expansion, and other important aspects. The analysts who have prepared the report are highly experienced in market research and possess vast knowledge about the global Phenethyl Formate market. The report includes deep analysis of microeconomic and macroeconomic factors impacting the growth of the global Phenethyl Formate market. It also offers analysis of production, sales, and consumption growth in the global Phenethyl Formate market. With the help of exhaustive research studies provided in the report, readers can easily become familiar with key dynamics of the global Phenethyl Formate market, including drivers, restraints, and opportunities.The global market for Phenethyl Formate was estimated to be worth US$ 320 million in 2024 and is forecast to a readjusted size of US$ 459 million by 2031 with a CAGR of 5.3% during the forecast period 2025-2031
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The potential shifts in the 2025 U.S. tariff framework pose substantial volatility risks to global markets. This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Phenethyl Formate cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
The market for Phenethyl Formate is primarily driven by the growing demand in the fragrance and flavor industries, where it is valued for its sweet, floral, and fruity aroma that enhances perfumes, cosmetics, and household care products. Rising consumer preference for natural and pleasant-smelling ingredients in personal care items, coupled with the expansion of the global beauty and wellness sector, fuels its adoption. Additionally, its use as a flavoring additive in food and beverages supports market growth, especially in regions where floral-fruity flavor profiles are popular. Increasing disposable incomes, lifestyle upgrades, and the trend toward premium and customized fragrance products further strengthen the demand for Phenethyl Formate worldwide.
Competitive landscape is one of the most interesting subjects of any market research study. It provides readers with important information on competition trends, prominent players, and nature of competition. In this report, the authors have profiled some of the top-ranking as well as other players of the global Phenethyl Formate market. In the company profiling section, each player is comprehensively studied while focusing on its market share, recent developments, production, gross revenue, profit margin, and other factors. The competitive analysis shared in the report will help players to improve their strategies to better compete with other companies.
Key Players Dominating the Global Phenethyl Formate Markets are:
Vigon International
Penta International
Quest International
VWR International
Silverline Chemicals
Otto Chemie
Gihi Chemicals
Condice Chemical
Career Henan Chemical
Hubei Baidu Chemical
Hubei Wande Chemical
Dayang Chem (Hangzhou)
Shanghai Witofly Chemical
Shaanxi Didu New Materials
All of the segments of the global Phenethyl Formate market analyzed in the report are deeply studied while concentrating on their market share, CAGR, and growth opportunities. The segmentation study provided in the report will help players to identify rewarding growth prospects available in the global Phenethyl Formate market. Furthermore, it offers a clear and thorough evaluation of key segments so that players could bank on profit-making areas of the global Phenethyl Formate market. The analysts have explained each factor contributing to the growth of leading segments. In addition, they have provided a near-accurate prediction of the growth potential of each segment.
Segment by Type:
Industrial Grade (>90%)
High Purity Grade (>99%)
Segment by Application:
Cosmetics
Fragrance & Perfume
Food & Beverage
Others
The segment of the market features the areas that are secured under the global Phenethyl Formate market are North America, South East Asia, Japan, India, China, and Europe. The regional analysis provided in the research study is an outstanding attempt made by the researchers to help players identify high-growth regions and modify their strategies according to the specific market scenarios therein. Each region is deeply analyzed with large focus on CAGR, market growth, market share, market situations, and growth forecast.
Segment by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Southeast Asia
Latin America
Mexico
Brazil
Argentina
Colombia
Middle East & Africa
Turkey
Saudi Arabia
UAE
Methodology and Data Sources
The researchers used reliable primary and secondary information and data sources to compile the report. As part of the primary research process, they personally interviewed important entities and companies from the supply as well as demand side of the industry. These include key executives, innovation specialists, technology experts, marketing managers, vice presidents, chief financial officers, and chief executives. For secondary research, the analysts used articles by popular authors, company financial reports, quarterly and annual earnings presentations, web data, information from government and regulatory databases, and official journals.
The researchers used some important parameters for market forecasting: future capacity additions, current capacity, anticipated developments in the market and the industry, regulatory scenarios, price trends, supply and demand trends, raw material scenarios, key drivers and restraints, and their predicted impact on the global market.
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Table Of Content
1 Market Overview
1.1 Phenethyl Formate Product Introduction
1.2 Global Phenethyl Formate Market Size Forecast
1.2.1 Global Phenethyl Formate Sales Value (2020-2031)
1.2.2 Global Phenethyl Formate Sales Volume (2020-2031)
1.2.3 Global Phenethyl Formate Sales Price (2020-2031)
1.3 Phenethyl Formate Market Trends & Drivers
1.3.1 Phenethyl Formate Industry Trends
1.3.2 Phenethyl Formate Market Drivers & Opportunity
1.3.3 Phenethyl Formate Market Challenges
1.3.4 Phenethyl Formate Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Phenethyl Formate Players Revenue Ranking (2024)
2.2 Global Phenethyl Formate Revenue by Company (2020-2025)
2.3 Global Phenethyl Formate Players Sales Volume Ranking (2024)
2.4 Global Phenethyl Formate Sales Volume by Company Players (2020-2025)
2.5 Global Phenethyl Formate Average Price by Company (2020-2025)
2.6 Key Manufacturers Phenethyl Formate Manufacturing Base and Headquarters
2.7 Key Manufacturers Phenethyl Formate Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Phenethyl Formate
2.9 Phenethyl Formate Market Competitive Analysis
2.9.1 Phenethyl Formate Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Phenethyl Formate Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Phenethyl Formate as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Industrial Grade (>90%)
3.1.2 High Purity Grade (>99%)
3.2 Global Phenethyl Formate Sales Value by Type
3.2.1 Global Phenethyl Formate Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Phenethyl Formate Sales Value, by Type (2020-2031)
3.2.3 Global Phenethyl Formate Sales Value, by Type (%) (2020-2031)
3.3 Global Phenethyl Formate Sales Volume by Type
3.3.1 Global Phenethyl Formate Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Phenethyl Formate Sales Volume, by Type (2020-2031)
3.3.3 Global Phenethyl Formate Sales Volume, by Type (%) (2020-2031)
3.4 Global Phenethyl Formate Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Cosmetics
4.1.2 Fragrance & Perfume
4.1.3 Food & Beverage
4.1.4 Others
4.2 Global Phenethyl Formate Sales Value by Application
4.2.1 Global Phenethyl Formate Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Phenethyl Formate Sales Value, by Application (2020-2031)
4.2.3 Global Phenethyl Formate Sales Value, by Application (%) (2020-2031)
4.3 Global Phenethyl Formate Sales Volume by Application
4.3.1 Global Phenethyl Formate Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Phenethyl Formate Sales Volume, by Application (2020-2031)
4.3.3 Global Phenethyl Formate Sales Volume, by Application (%) (2020-2031)
4.4 Global Phenethyl Formate Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Phenethyl Formate Sales Value by Region
5.1.1 Global Phenethyl Formate Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Phenethyl Formate Sales Value by Region (2020-2025)
5.1.3 Global Phenethyl Formate Sales Value by Region (2026-2031)
5.1.4 Global Phenethyl Formate Sales Value by Region (%), (2020-2031)
5.2 Global Phenethyl Formate Sales Volume by Region
5.2.1 Global Phenethyl Formate Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Phenethyl Formate Sales Volume by Region (2020-2025)
5.2.3 Global Phenethyl Formate Sales Volume by Region (2026-2031)
5.2.4 Global Phenethyl Formate Sales Volume by Region (%), (2020-2031)
5.3 Global Phenethyl Formate Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Phenethyl Formate Sales Value, 2020-2031
5.4.2 North America Phenethyl Formate Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Phenethyl Formate Sales Value, 2020-2031
5.5.2 Europe Phenethyl Formate Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Phenethyl Formate Sales Value, 2020-2031
5.6.2 Asia Pacific Phenethyl Formate Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Phenethyl Formate Sales Value, 2020-2031
5.7.2 South America Phenethyl Formate Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Phenethyl Formate Sales Value, 2020-2031
5.8.2 Middle East & Africa Phenethyl Formate Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Phenethyl Formate Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Phenethyl Formate Sales Value and Sales Volume
6.2.1 Key Countries/Regions Phenethyl Formate Sales Value, 2020-2031
6.2.2 Key Countries/Regions Phenethyl Formate Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Phenethyl Formate Sales Value, 2020-2031
6.3.2 United States Phenethyl Formate Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Phenethyl Formate Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Phenethyl Formate Sales Value, 2020-2031
6.4.2 Europe Phenethyl Formate Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Phenethyl Formate Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Phenethyl Formate Sales Value, 2020-2031
6.5.2 China Phenethyl Formate Sales Value by Type (%), 2024 VS 2031
6.5.3 China Phenethyl Formate Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Phenethyl Formate Sales Value, 2020-2031
6.6.2 Japan Phenethyl Formate Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Phenethyl Formate Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Phenethyl Formate Sales Value, 2020-2031
6.7.2 South Korea Phenethyl Formate Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Phenethyl Formate Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Phenethyl Formate Sales Value, 2020-2031
6.8.2 Southeast Asia Phenethyl Formate Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Phenethyl Formate Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Phenethyl Formate Sales Value, 2020-2031
6.9.2 India Phenethyl Formate Sales Value by Type (%), 2024 VS 2031
6.9.3 India Phenethyl Formate Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Vigon International
7.1.1 Vigon International Company Information
7.1.2 Vigon International Introduction and Business Overview
7.1.3 Vigon International Phenethyl Formate Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Vigon International Phenethyl Formate Product Offerings
7.1.5 Vigon International Recent Development
7.2 Penta International
7.2.1 Penta International Company Information
7.2.2 Penta International Introduction and Business Overview
7.2.3 Penta International Phenethyl Formate Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Penta International Phenethyl Formate Product Offerings
7.2.5 Penta International Recent Development
7.3 Quest International
7.3.1 Quest International Company Information
7.3.2 Quest International Introduction and Business Overview
7.3.3 Quest International Phenethyl Formate Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Quest International Phenethyl Formate Product Offerings
7.3.5 Quest International Recent Development
7.4 VWR International
7.4.1 VWR International Company Information
7.4.2 VWR International Introduction and Business Overview
7.4.3 VWR International Phenethyl Formate Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 VWR International Phenethyl Formate Product Offerings
7.4.5 VWR International Recent Development
7.5 Silverline Chemicals
7.5.1 Silverline Chemicals Company Information
7.5.2 Silverline Chemicals Introduction and Business Overview
7.5.3 Silverline Chemicals Phenethyl Formate Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Silverline Chemicals Phenethyl Formate Product Offerings
7.5.5 Silverline Chemicals Recent Development
7.6 Otto Chemie
7.6.1 Otto Chemie Company Information
7.6.2 Otto Chemie Introduction and Business Overview
7.6.3 Otto Chemie Phenethyl Formate Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Otto Chemie Phenethyl Formate Product Offerings
7.6.5 Otto Chemie Recent Development
7.7 Gihi Chemicals
7.7.1 Gihi Chemicals Company Information
7.7.2 Gihi Chemicals Introduction and Business Overview
7.7.3 Gihi Chemicals Phenethyl Formate Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Gihi Chemicals Phenethyl Formate Product Offerings
7.7.5 Gihi Chemicals Recent Development
7.8 Condice Chemical
7.8.1 Condice Chemical Company Information
7.8.2 Condice Chemical Introduction and Business Overview
7.8.3 Condice Chemical Phenethyl Formate Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Condice Chemical Phenethyl Formate Product Offerings
7.8.5 Condice Chemical Recent Development
7.9 Career Henan Chemical
7.9.1 Career Henan Chemical Company Information
7.9.2 Career Henan Chemical Introduction and Business Overview
7.9.3 Career Henan Chemical Phenethyl Formate Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Career Henan Chemical Phenethyl Formate Product Offerings
7.9.5 Career Henan Chemical Recent Development
7.10 Hubei Baidu Chemical
7.10.1 Hubei Baidu Chemical Company Information
7.10.2 Hubei Baidu Chemical Introduction and Business Overview
7.10.3 Hubei Baidu Chemical Phenethyl Formate Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 Hubei Baidu Chemical Phenethyl Formate Product Offerings
7.10.5 Hubei Baidu Chemical Recent Development
7.11 Hubei Wande Chemical
7.11.1 Hubei Wande Chemical Company Information
7.11.2 Hubei Wande Chemical Introduction and Business Overview
7.11.3 Hubei Wande Chemical Phenethyl Formate Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 Hubei Wande Chemical Phenethyl Formate Product Offerings
7.11.5 Hubei Wande Chemical Recent Development
7.12 Dayang Chem (Hangzhou)
7.12.1 Dayang Chem (Hangzhou) Company Information
7.12.2 Dayang Chem (Hangzhou) Introduction and Business Overview
7.12.3 Dayang Chem (Hangzhou) Phenethyl Formate Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 Dayang Chem (Hangzhou) Phenethyl Formate Product Offerings
7.12.5 Dayang Chem (Hangzhou) Recent Development
7.13 Shanghai Witofly Chemical
7.13.1 Shanghai Witofly Chemical Company Information
7.13.2 Shanghai Witofly Chemical Introduction and Business Overview
7.13.3 Shanghai Witofly Chemical Phenethyl Formate Sales, Revenue, Price and Gross Margin (2020-2025)
7.13.4 Shanghai Witofly Chemical Phenethyl Formate Product Offerings
7.13.5 Shanghai Witofly Chemical Recent Development
7.14 Shaanxi Didu New Materials
7.14.1 Shaanxi Didu New Materials Company Information
7.14.2 Shaanxi Didu New Materials Introduction and Business Overview
7.14.3 Shaanxi Didu New Materials Phenethyl Formate Sales, Revenue, Price and Gross Margin (2020-2025)
7.14.4 Shaanxi Didu New Materials Phenethyl Formate Product Offerings
7.14.5 Shaanxi Didu New Materials Recent Development
8 Industry Chain Analysis
8.1 Phenethyl Formate Industrial Chain
8.2 Phenethyl Formate Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Phenethyl Formate Sales Model
8.5.2 Sales Channel
8.5.3 Phenethyl Formate Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
Key Questions Answered in the Market Research Report
(A) Which are the five top players of the global Phenethyl Formate market?
(B) How will the global Phenethyl Formate market change in the next five years
(C) Which product and application will take a lion's share of the global Phenethyl Formate market?
(D) What are the drivers and restraints of the global Phenethyl Formate market?
(E)Which regional market will show the highest growth?
(F) What will be the CAGR and size of the global Phenethyl Formate market throughout the forecast period?
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