The global Synthetic Citral market was valued at US$ 304.3 million in 2019 and it is expected to reach US$ 423 million by the end of 2026, growing at a CAGR of 5.3% during 2021-2026.
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, Europe is the main consumption region due to the bigger demand of downstream applications.
Synthetic citral is mainly used in spices, vitamin, menthol and others. Report data showed that 10.23% of the synthetic citral market demand in spices, 66.52% in vitamin, and 18.96% in menthol in 2019. With the development of economy, these industries will need more synthetic citral. So, synthetic citral has a huge market potential in the future.
Global Synthetic Citral Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Synthetic Citral Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Basf, Kuraray, Zhejiang NHU and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-synthetic-citral-market-research-report
Segment by Type
- 96-98% Purity
- 99% Purity
Segment by Application
Table of Content:
1 Synthetic Citral Market Overview
2 Synthetic Citral Market Competition by Manufacturers
3 Synthetic Citral Retrospective Market Scenario by Region
4 Global Synthetic Citral Historic Market Analysis by Type
5 Global Synthetic Citral Historic Market Analysis by Application
6 Key Companies Profiled
7 Synthetic Citral Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Synthetic Citral Market Dynamics
10 Global Synthetic Citral Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.