Linalool Market: Overview
Linalool belongs to the class of terpene alcohols, which are widely present in the plant kingdom. It is found in over 200 species of plants, particularly in the Lamiaceae family. This family of botanical plants includes mints and scented herbs. Linalool is also found in the Lauraceae family (rosewood, cinnamon, and laurels) and Rutaceae plant family (citrus fruits). These families are typically found in the tropical to boreal climate zones.
Linalool show intense effects on the nervous system. Hence, it is widely employed by herbologists and aroma therapists as a sedative, reliever of spasm of smooth muscle, and local anesthetic. It is also used for various skin ailments, such as skin inflammation, usually in the form of tea tree oil.
Linalool is one of the most common terpene alcohol chemical found in spice plants. It is used in various commercial applications. It has also been found in some fungi and in the family Cannabaceae. Linalool offers pleasing aroma, similar to that of a floral fragrance, with a hint of spiciness.
Linalool is also known as linalyl alcohol, p-linalool, β-linalool, linalyl oxide, allo-ocimenol, and 3,7-dimethyl-1,6-octadien-3-ol.
Linalool Market Trends
Linalool is commonly used as chemical intermediate. It is subsequently used as scent ingredient in most perfumed hygiene and cleaning products including soaps, lotions, detergents, and shampoos. It is also used by pest exterminators as an insecticide against insects such as cockroaches, fleas, and fruit flies.
Linalool was also thought to be used in reducing anxiety. However, a study in 2008 showed unsuccessful results in proving linalool as an anxiolytic agent. It, instead, showed strong evidence of its sedative qualities.
Vitamin E is a common downstream product of linalool.
Linalool Market Segmentation
Based on plant source (genus of the plant), the market for linalool can be segmented into Lavandula, Cinnamomum, Cannabis, Ocimum, Solidago, Artemisia, and Humulus.
Based on product, the market can be divided into natural and synthetic.
Based on application, the market for linalool can be segregated into essential oils, anti-inflammatory, anti-epileptic, sedative, analgesic, and others.
Based on end-user industry, the market can be divided into spices, pharmaceuticals, and cosmetics.
Linalool Market: Region-wise Outlook
The market for linalool is well established and widespread across the world. North America, Asia Pacific, and Europe are the dominating regions in the global linalool market. The linalool market in countries in Southeast Asia such as Singapore, Indonesia, Malaysia, and the Philippines is anticipated to expand significantly during the forecast period. Budding economies of Asia Pacific and Latin America is one the major drivers for the development of linalool market. The local market in India holds significant share in the regional market and is said to be the strong suit for growth of the linalool market. Asia Pacific is alleged to dominate the growth in fragrance and flavor space during the forecast period. Latin America is likewise anticipated to promote the demand of linalool in the market. The rising demand for cosmetics, foods, household care and personal care products is projected to be one of the key factors propelling the demand for linalool market forward.
Linalool Market: Key Players
Key players operating in the linalool market include BASF, DSM, Arora Aromatics Pvt. Ltd., Menthaallied, Chemical Point UG, Axxence Aromatic GmbH, Fleurchem Inc., Ernesto Ventós S.A., Phoenix Aromas & Essential Oils LLC, The John D. Walsh Company Inc., Robertet Group, Elan-Chemical.com, and Aroma Chemical Services International GmbH.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.