Los Angeles, CA -- (SBWIRE) -- 06/19/2019 -- Citral (C10H16O), also called 3,7-dimethyl-2,6-octadienal, a pale yellow liquid, with a strong lemon odour, that occurs in the essential oils of plants. It is insoluble in water but soluble in ethanol (ethyl alcohol), diethyl ether, and mineral oil. It is used in perfumes and flavourings and in the manufacture of other chemicals. Chemically, citral is a mixture of two aldehydes that have the same molecular formula but different structures.
In consumption market, the global sales value decreases with the 1.78% average growth rate. Europe and China are the mainly consumption regions due to the bigger demand of downstream applications. In next two or three years, the production of citral would increase rapidly, which results from BASF putting into production in Malaysia and Zhejiang NHU new project of citral. So the international competition would be much keener. And then the price and gross would decrease. We predicted that the citral industry would present excess capacity status, while the demand exceeds supply recently.
Citral is mainly used in lemon essence, vitamin A, ionone, menthol and others. Report data showed that 5.93% of the citral market demand in lemon essence, 43.86% in vitamin A, 9.80% in ionone, and 31.84% in menthol in 2015. With the development of economy, these industries will need more citral. So, citral has a huge market potential in the future. Manufacturers engaged in the industry are trying to produce high quality citral through improving manufacturing process.
We tend to believe this industry is a rising industry, and the consumption increasing degree will show a smooth growth curve. And the price presents fluctuation according to the economy development status. Also, there will be fluctuation in gross margin.
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The global Citral market was xx million US$ in 2018 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2019 and 2025.
This report studies the Citral market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
BASF
Kuraray
Zhejiang NHU
Kalpsutra Chemicals
Jiangxi Xuesong
Guangzhou Ri Huace
Jiangxi Global Natural Spices
Rajkeerth
Industrial and Fine Chemicals
Xinhua Nuowei
By the product type, the market is primarily split into
Natural Citral
Synthetic Citral
By the end users/application, this report covers the following segments
Lemon Essence
Vitamin A
Ionone
Menthol
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