Adoxal (G) is a type of fragrance that blends well with floral notes such as cyclamen and muguet, as well as with woody and fruity compositions. Adoxal (G) can be seen as having a typical \"fresh linen\" odor and natural, ozonic aspect. Adoxal (G) has to be stored in full sealed containers in dry, cool and ventilated place away from sources of ignition. Adoxal (G) appears as pale yellow liquid and should be protected from light and air and should avoid contact with alkali, oxidizing agents and strong acids.
The growth in end user industries is expected to increase the consumption of adoxal (g). The growth in cosmetics and perfumes industry is expected to boost demand for adoxal (g). In addition, rising consumption in emerging economies of Asia Pacific and Latin America is expected to increase the consumption of adoxal (g). However, government regulations and fluctuating prices could hamper the growth of this market.
North America is expected to be the largest consumer of adoxal (g) followed by Europe and Asia Pacific. Asia Pacific is currently the fastest growing market for adoxal (g) due to growing demand for perfumes and cosmetics in emerging economies. Changing consumer lifestyle, heightened importance on personal appearance and grooming and rising disposable incomes is driving the growth of the cosmetics and perfumes especially in Europe and Asia Pacific region. There is major growth potential for premium segments of perfumes due to expanding middle class in emerging economies. The growth of cosmetics and perfumes market is expected to drive the demand for adoxal (g) as it is a major ingredient in perfumes. In addition, increased demand for youth-oriented and exotic fragrances is expected to set the pace for rapid market expansion. India and China are expected to be major consumers in Asia Pacific due to presence of established end user industries. Japan, Indonesia, Republic of Korea, Vietnam, Australia, New Zealand, Macau, Hong Kong and Malaysia are other major consumers of adoxal (g) in Asia Pacific. North America and Europe are expected to experience moderate to high growth.
The market is dominated by large and medium flavors and fragrances manufacturing companies. Majority of adoxal (g) manufacturers are based in Europe and North America. However companies are shifting their production plants to emerging economies of Asia Pacific to reduce production cost. Some of the key players in this market are Givaudan (Switzerland), Firmenich SA (Switzerland), International Flavors & Fragrances (U.S.), Symrise (Germany), Takasago International Corporation (Japan), Wild Flavors (U.S.), Mane SA (France), Frutarom Industries Ltd. (Israel), Sensient Flavors and Fragrances Group (U.S.), Robertet SA (France), The John D. Walsh Company, Inc. (U.S.), Veera Fragrances Pvt Ltd (India), Guangzhou Meiyi Flavours & Fragrances Co., Ltd. (China), Guangzhou Flower Flavours & Fragrances Co., Ltd.(China), Shandong Fangsheng Aromatics Co., Ltd.(China), Dalian Sinobio Chemistry Co., Ltd.(China), Yiwu Niya Cosmetics Co., Ltd.(China), Guangzhou Frandy Daily Chemical Co., Ltd.(China), Xiamen Golden Biotechnology Co., Ltd. (china), Guangzhou Handyware Flavor& Seasoning Co., Ltd.(China), Shenzhen Boton Flavors And Fragrances Co., Ltd. (China), Changsha Kamer Essence And Flavor Co., Ltd. (China) and T. Hasegawa (Japan) among others. Companies are using strategic acquisitions and mergers to increase their market share. In addition, companies are expanding their product portfolio through collaborations and investments in research and development. Furthermore companies are relying on their advanced manufacturing technology and economies of scale to reduce production costs.
This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Rest of the World
This report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
Reasons for Buying this Report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a six-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
- It provides distinctive graphics and exemplified SWOT analysis of major market segments