Global Aroma Chemicals Market 2019 - Natural and Synthetic Aroma Chemicals Analyzed

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Mar 09, 2015, 12:00 ET

DALLAS, March 9, 2015 /PRNewswire/ --

SandlerResearch.org adds Global Aroma Chemicals Market 2015-2019 research report that analysis the market by type, application and also provides growth prospects over the coming years.

According to new market research report, the Global Aroma Chemicals Market 2015-2019, there is a growing demand for aroma chemicals from companies that manufacture food, soaps and detergents, cosmetics, toiletries, and household products. The Global Aroma Chemicals market is expected to grow at a moderate pace owing to favorable economic conditions and increase in disposable incomes along with enhanced consumer awareness of hygiene and personal grooming. The overall Global Aroma Chemicals market is expected to grow at a CAGR of 5.51% during the forecast period of 2014-2019.

Consolidation of manufacturers is a key trend contributing to the growth of this market. It has led to a reduction in overhead and marketing expenses and an efficient spending on R&D. Another factor driving the market is an increase in the demand for aroma chemicals from various industries. Based on the type, aroma chemicals can be classified into two: natural aroma chemicals and synthetic aroma chemicals.

One of the key factors influencing the market is the rapidly changing consumer lifestyles. There is an increase in demand for products based on natural ingredients because of growing awareness of the harmful effects of chemical additives.

Clean label products that are free of chemical additives and contain only natural ingredients are gaining increased market in Europe. In addition, the growing demand for healthy foods and consumer preference for naturally formulated food products are contributing to the growth of the market.

The Global Aroma Chemical market can be segmented into two segments based on type: Natural and Synthetic. Natural aroma chemicals are obtained from natural sources, i.e., plants, using processes such as distillation, expression, and extraction. However, synthetic aroma chemicals comprise synthetic aromatic raw materials. Further the Global Aroma Chemical market can be segmented by Application: Soap and Detergents Sector, Cosmetics and Toiletries Sector, Fine Fragrances Sector, Household Products Sector, Food Sector and Others.

Order a copy of this report at http://www.sandlerresearch.org/purchase?rname=31711.

The Global Aroma Chemical Market 2015-2019 has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions, key Leading Countries are China and India; it also covers the Global Aroma Chemical market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

The report recognizes the following companies as the key players in the Global Aroma Chemicals Market: Hindustan Mint and Agro Products Pvt. Ltd., Kalpsutra Chemicals Pvt. Ltd., Takasago International Corp. and Veera Fragrances Pvt. Ltd.

Other Prominent Vendors in the market are: Agilex Flavors & Fragrances, Aromatech, BASF, Bedoukian Research, Bell Flavors & Fragrances, Belmay, Cargill, China Flavors & Fragrances, Comax Flavors, ConAgra Foods, CPL Aromas, David Michael, Firmenich, Flavorchem, Givaudan, ICC Industries, Kao, Kerry Group, McCormick, Naturex, Renessenz, Robertet, Royal DSM, Sensient Technologies, Solvay, T. Hasegawa, Treatt, Ungerer, V. Mane Fils, Vigon International, Wangxiang International and Wild Flavors.

Further, the report states that several products and raw materials used in research being expensive is a major challenge hindering the market growth, because of which manufacturers are also incurring heavy expenses.

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Global Meta-xylene Market 2015-2019 (http://www.sandlerresearch.org/global-meta-xylene-market-2015-2019.html):

Analysts forecast the Global Meta-xylene market to grow at a CAGR of 4.64% over the period 2014-2019.

Availability of efficient and advanced recovery processes to obtain high-purity meta-xylene is a positive trend in the market. Advanced recovery processes such as simulated moving bed adsorption and crystallization help the recovering of meta-xylene from mixed xylenes feedstock. These processes offer several distinct advantages such as obtaining high-purity meta-xylene up to 99.5 percent, requirement for less equipment, use of carbon steel metallurgy, extended adsorbent life up to 10 years, and high on-stream factor for reliable operation.

The Global Meta-xylene market can be divided into two segments by application: IPA and Others.

The report recognizes the following companies as the key players in the Global Meta-xylene Market: British Petroleum (BP) plc, Chevron Corp., Eastman Chemical Co., Perstorp AB and UOP LLC

Other Prominent Vendors in the market are: ConocoPhillips, JX Nippon Oil & Energy, Phillips 66 and Shell Chemicals.

According to the report, increased demand for meta-xylene in emerging economies is one of the major drivers of the market. Isophthalic acid, one of the major end-products of meta-xylene, is used extensively in the Plastics and Painting sectors. The market is expected to experience a steady growth rate because of the growing infrastructure and low costs of raw material and labor.

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