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Perfume Ingredient Chemicals Market Will Account for Around US$ 8,967.3 Mn by 2027

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News provided by

Future Market Insights

08 Feb, 2018, 14:30 GMT

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VALLEY COTTAGE, New York, February 8, 2018 /PRNewswire/ --

Global revenue from the sales of perfume ingredient chemicals was valued at US$ 5,254.1 Mn in 2017 and is projected to reach a market value of US$ 8,967.3 Mn by 2027 end, increasing at a CAGR of 5.5% during the forecast period i.e. between 2017 and 2027. According to a new publication by Future Market Insights titled "Perfume Ingredient Chemicals Market: Global Industry Analysis (2012 - 2016) and Opportunity Assessment (2017 - 2027)," most of the companies manufacturing perfume ingredient chemicals focus on manufacturing fragrances and materials with synthetic chemicals. The expert analysts of Future Market Insights have observed that the personal care and cosmetics industry will witness major opportunities for growth and is all set to help market players increase their market share and business revenue.

     (Logo: http://photos.prnewswire.com/prnh/20161020/430874LOGO )

Request a Sample Report with Table of Contents and Figures: https://www.futuremarketinsights.com/reports/sample/REP-GB-6131

Global Perfume Ingredient Chemicals Market: Restraints 

  • High cost of raw materials and lack of low tier manufacturing
  • Low awareness of greener products and low production growth
  • High cost of extracting raw ingredients and expensive research & development programmers
  • Raw material price fluctuations and high cost of petroleum based fuels
  • Growing concerns regarding the harmful effects of using aggressive ingredients

Global Perfume Ingredient Chemicals Market: Forecast by Application 

On the basis of application, the global perfume ingredient chemicals market is segmented into fine fragrance, home care, laundry care, personal care, cosmetics, and others. The fine fragrance segment accounted for a significant market value share of 22.3% in 2017, followed by the personal care segment. The personal care segment is expected to remain dominant till 2027. This segment is also expected to remain the most lucrative during the forecast period.

Our advisory services are aimed at helping you with specific, customised insights that are relevant to your specific challenges. Let us know about your challenges and our trusted advisors will connect with you: https://www.futuremarketinsights.com/askus/rep-gb-6131

Global Perfume Ingredient Chemicals Market: Forecast by Product Type 

Product type segmentation comprises synthetic aroma chemicals and essential oils. Synthetic aroma chemicals segment is further segmented into alcohols, esters, ethers, ketone, and others. Essential oils segment is sub-segmented into orange, citronella, peppermint, eucalyptus and others. Synthetic aroma chemicals segment is anticipated to witness the highest value CAGR of 5.7% in the global perfume ingredient chemicals market. Cost factor is expected to move market players to adopt synthetic products; further, a global trend towards green products is expected to create lucrative opportunities for manufacturers of essential oils owing to a growing consumer preference for herbal products.

Global Perfume Ingredient Chemicals Market: Forecast by Region 

Asia Pacific is estimated to be the most lucrative regional market in terms of revenue generation in the global perfume ingredient chemicals market, valued at US$ 1,198.0 Mn in 2017 and is expected to expand at a CAGR of 6.2% over the forecast period. Within the Asia Pacific, China & India are expected to remain in a dominant position for perfume ingredient chemicals demand. In terms of growth, following the Asia Pacific are several European countries such as Italy, France, and U.K. A noteworthy increase in sales in other developing markets such as Brazil, Russia, Turkey, GCC countries and South Africa is anticipated over the forecast period.

View Report Preview at Perfume Ingredient Chemicals Market Taxonomy By Product Type - Synthetic Aroma Chemicals (Alcohol, Esters, Ethers, Ketone), Essential Oils (Orange, Citronella, Peppermint, Eucalyptus, Others); By Application - Fine Fragrance, Home Care, Laundry Care, Personal Care, Cosmetics, Others: https://www.futuremarketinsights.com/reports/perfume-ingredient-chemicals-market

Global Perfume Ingredient Chemicals Market: Key Players 

Sensient Technologies Corporation, BASF SE, Eternis Fine Chemicals, YingYang (China) Aroma Chemical Group, KDAC CHEM Pvt. Ltd., Frutarom Harmony Organics Pvt. Ltd., Atul Ltd, GODAVARI BIOREFINERIES LTD, Givuadan Firmenich, International Flavors and Fragrances Inc., Symrise, Takasago International Corporation, MANA SE, Robertet SA, T. Hasegawa USA, Huabao International Holdings Limited, Zhejiang, Xinhua Chemical Co., Ltd, Henkel AG & Co KGaA ADR, and Charkit Chemical Company LLC are some of the leading companies operating in the global market that have been profiled in this report.

Browse More: Chemicals & Materials Market Insights

More from FMI's Cutting-edge Intelligence: 

  • Dicamba Market By Application - Agriculture, Lawn & Turf, Others (Forests, gardens & plants, other non-commercial applications): https://www.futuremarketinsights.com/reports/dicamba-market
  • South Africa Corrosion Protective Coatings and Acid Proof Lining Market Segmentation By End-Use - Marine Industry, Oil & Gas Industry, Power Generation Industry, Transportation Industry, Chemicals Industry, Mining and Metallurgy Industry, Water Treatment Industry; By Product Type - Polymer Coatings, Rubber Lining Systems And Acid Proof Linings: https://www.futuremarketinsights.com/reports/south-africa-corrosion-protective-coatings-and-acid-proof-lining-market
  • Electrical Insulation Materials Market Segmentation Material - Thermoplastics, Epoxy Resins, Ceramics, Fibre Glass Composites, Others; Application - Wires & Cables, Motors & Generators, Transformers, Others: https://www.futuremarketinsights.com/reports/electrical-insulation-materials-market

About Us 

Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.

FMI's research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

Contact
Mr. Sudip Saha
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
T (UK): +44(0)20-7692-8790
Sales: sales@futuremarketinsights.com
Press Office: Press@futuremrketinsights.com

FMI Blog: http://www.fmiblog.com/

Website: www.futuremarketinsights.com

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