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Linalool Market – 2020 Global Industry Analysis by Size, Trends, Share, Key Country, Opportunities, Growth, Emerging Technologies, and Regional Forecast to 2027

The global linalool market is projected to grow at a CAGR of 4.2% from USD 9.86 billion in 2019 to USD 13.81 billion in 2027.

 

New York, NY -- (SBWIRE) -- 12/23/2020 -- The market is primarily driven by the higher consumption of vitamin E supplements and significant demand for perfumes, body deodorants, soaps, and other personal care products that have witnessed substantial consumer demand in recent years. The practice of using Linalool in the cosmetics and new toiletries product line-ups have fuelled the market growth.

Market Drivers

Aroma chemicals, such as Linalool, are elementary substances that are polluted to produce perfumes, toiletries, food scents, medical components, and others in various end-use solutions. Aroma chemicals are primary chemical additives that, in an application, produce odorants or fragrances and also generate distinctive flavours in foods and drinks. This chemical helps boost the mood and intensify the potency with active freshness, in addition to acting as a fragrance initiator.

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Regional Outlook

The Asia Pacific region possesses one of the leading consumer bases and occupies a significant market share. This region is also expected to register the highest growth during the forecast period due to an immense rise in the demand for personal care & insect repellent products, especially in countries like China, India, and Indonesia, among others. North America is projected to grow at a CAGR of 4.7% throughout the period 2020 to 2027, especially due to contributions from the U.S. and Canada. Countries like Germany, the United Kingdom, and Spain, among others, are increasingly observing newer consumer presence year on year due to higher penetration for the medicated personal care products.

Top Leaders Operating in the Market are Purong Essences, Jiaxing Sunlong Industrial & Trading, Arora Aromatics Pvt. Ltd., BASF SE, Chemical Point UG, Phoenix Aromas & Essential Oils LLC, Robertet Group, Aroma Chemical Services International GmbH, DSM, and Axxence Aromatic GmbH, among others.

Linalool Market Segmentation:

Based on Product Type:

· Floral

· Sweet

· Citrus

· Fruity

· Musky

· Others

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Based on Application:

· Perfumery Agents

· Vitamin Synthesizing

· Pharmaceuticals

· Chemical Industry

· Others

Key Questions Answered by the Report:

· What are the key market trends influencing the growth of the Linalool market?

· Who are the prominent players of the Linalool market?

· What is the impact of the COVID-19 pandemic on the Linalool market?

· What are the key growth driving and restraining of the Linalool market?

· What are the strengths and weaknesses of the prominent players of the Linalool market?

· What are the key outcomes of the SWOT analysis and Porter's Five Forces analysis?

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