Musk Aroma Chemicals Market | Rising Consumption in Personal Care and Detergents is driving the market growth

Based on geography, the Global Musk Aroma Chemicals Market is categorized into five regions namely–North America, Europe, Asia Pacific, Latin America and the Middle East & Africa. Among the aforementioned regions, Europe accounted for around 33% market share in 2016 and continues to holds the largest market share. European musk aroma chemicals market is classified into Italy, France, Germany, UK, Spain, and others. Germany and UK hold the largest market share and are predicted to retain their dominance due to large investments in R&D and increasing usage of branded personal care products. Moreover, rising popularity of customized & celebrity perfumes have positively influenced demand in the upcoming years. Furthermore, the market in Spain, Italy, France, and Russia are predicted to register steady CAGR on account of increasing laundry business, rising healthcare sector, and improved living standard.

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North America Musk Aroma Chemicals Market is segmented into U.S, Mexico, and Canada. U.S has accounted for the largest market share and is estimated to grow with a substantial CAGR due to increasing use of cosmetics by men. Moreover, online portals are growing prominence among the youth which would further add to the growth of the market. Countries in Latin America such as Argentina, Brazil, Colombia, and Chile are the contributors in the regional market growth due to high per capita disposable income and social media revolution. Brazil accounted for the largest regional market share and is predicted to continue its dominance over the forecast period due to increasing sales in the cosmetics & personal care as well as new and improved product lines for teenagers and women between the ages of 35 and 60. Some other factors attributed to the regional market growth are inclination towards spending on fragrances, continuing breakthrough research on products, and increasing preference for natural beauty products.

Asia Pacific is expected to witness a robust growth due to rising consumption of bleaching and cleaning agent in laundry and household sector. Countries such as Japan, Thailand, Malaysia, India, China, and South Korea are among the major contributors in the regional growth of the market and is predicted to grow with a healthy CAGR on account of expansion of numerous end use industries. The Middle Eastern & African countries such as United Arab Emirates (UAE), Saudi Arabia, Kuwait, Israel, Qatar, and Turkey are the key contributors in the regional market growth on account of increasing tourism activities which in turn propel the demand for soaps & detergents and thus drive the growth of the market.

Key Players:
Some of the key industry participants operating in the Global Musk Aroma Chemicals Market are PFW Aroma Ingredients (the Netherlands), Sigma-Aldrich Co. LLC. (U.S.), The Good Scents Company (U.S.), Bell Flavors & Fragrances (U.S.), International Flavors & Fragrances (U.S.), Givaudan (Switzerland), Firmenich (Switzerland), Takasago (Japan), Guangzhou Flower Flavours & Fragrances Co., Ltd. (China), A.M. Aromatics Private Limited. (India), and others.

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Segmentation:
The Global Musk Aroma Chemicals Market is categorized on the basis of source, application, and region. Based on source, musk aroma chemicals market is bifurcated into natural and synthetic. Based on application, the market is segmented into soap & detergent, cosmetics & personal care, food, household products, and others. Based on region, the market is segmented into Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa.

Key Points from Table of Contents:

1 Executive Summary

2 Scope of the Report

3 Market Research Methodology

4 Market Landscape

5 Industry Overview of Global Musk Aroma Chemicals Market

6 Market Trends

7. Global Musk Aroma Chemicals Market by Source

8. Global Musk Aroma Chemicals Market by Application

9. Global Musk Aroma Chemicals Market by Region

10. Company Landscape

11. Company Profiles

11.1 PFW Aroma Ingredients
11.1.1 Company Overview
11.1.2 Product/Business Segment Overview
11.1.3 Financial Updates
11.1.4 Key Developments

11.2 Sigma-Aldrich Co. LLC.
11.2.1 Company Overview
11.2.2 Product/Business Segment Overview
11.2.3 Financial Updates
11.2.4 Key Developments

11.3 The Good Scents Company
11.3.1 Company Overview
11.3.2 Product/Business Segment Overview
11.3.3 Financial Updates
11.3.4 Key Developments

11.4 Bell Flavors & Fragrances
11.4.1 Company Overview
11.4.2 Product/Business Segment Overview
11.4.3 Financial Updates
11.4.4 Key Developments

11.5 International Flavors & Fragrances
11.5.1 Company Overview
11.5.2 Product/Business Segment Overview
11.5.3 Financial Updates
11.5.4 Key Developments

12. Conclusion

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