January 08, 2020
As per the latest study titled ‘Pentalide (Cyclopentadecanolide) Market Size By Fragrance House (Big, Medium, Small), By End-user (Alcohol, Cosmetic, Fabric Care, Toiletries), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE), Application Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019-2025’ available with Market Study Report LLC, the global pentalide (cyclopentadecanolide) market is presumed to accumulate US $17 million by the year 2025.
Growing disposable income across the emerging regions is enabling the consumers to opt for premium products, which is promoting the expansion of cosmetics & toiletries industry, thereby propelling the growth of pentalide (cyclopentadecanolide) market. Pentalide is used as flavoring, fragrance, and fixative ingredient in toiletries and cosmetic production. Though, it is a naturally available compound and is found in angelica root in the form of musk, but to meet the industrial demand, pentalide is produced by chemical synthesis as well.
As pentalide is biodegradable and environment friendly, it is used across a range of end-use products. Shifting consumer preference towards environment-friendly products, along with favorable socio-economic environment and supportive government policies will augment pentalide (cyclopentadecanolide) market outlook. However, high production cost of pentalide and availability of other cost-effective macrocyclic musk are some of the factors projected to hamper the market growth to some extent.
Speaking of the fragrance house, big fragrance house is the dominating segment in pentalide (cyclopentadecanolide) market presently and will register significant growth over the forecast period, due to its ability to produce pentalide as per industry demand and standards. On the contrary, small fragrance house segment is expected to amass US $5.6 million by the year 2025, owing to the growth of personal care industry.
In terms of end-use spectrum, toiletries and fabric care segments combinedly held 65% revenue share of pentalide (cyclopentadecanolide) market in 2015, claims the report.
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Considering the regional landscape, Asia Pacific pentalide (cyclopentadecanolide) market currently accounts for the largest regional share and will continue to gain traction over the projected timeline, pertaining to booming demand for fabric care, cosmetic, and personal care products across the region. Surging awareness regarding the health benefits of personal hygiene and improved per capita income will further aid the regional market trends.
The key industry players functioning in pentalide (cyclopentadecanolide) market include Alpha Aesar, Spectrum Chemical Manufacturing Corp., Bedoukian Research, Inc., Tokyo Chemical Industry Co., Ltd., Penta International Corp., M&U International LLC, Augustus Oils Ltd., Firmenich International SA, Symrise AG, and Soda Aromatic Co., Ltd.
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