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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Global Pentalide Market to hit $17 mn by 2025: Global Market Insights Inc.
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Pentalide Market driven by Increasing cosmetics demand in the world to surpass USD 17 million by 2025 and will witness 4% CAGR during the forecast timespan. Pentalide Market Stringent regulations restricting the use of hazardous musk chemicals will add impetus to global pentalide (cyclopentadecanolide) market share. Earlier, polycyclic and nitro musks were widely used across end-user industries, for instance personal care products, cosmetics, toiletries, alcohol and fine fragrances. Norms imposed by regulatory authorities regarding the potential health hazards carried by fragrance chemicals are steering the product demand. Biodegradability and environmental-friendly nature are vital factors bolstering pentalide industry size. Reportedly, in 2018 small fragrance houses comprised of approximately 30% of the cumulative cyclopentadecanolide market value. Product manufacturers recording revenues less than USD 300 million from their fragrance division per year are a part of this segment. Some small fragrance industry players include M&U International LLC, Augustus Oils Ltd., Penta International Corp among several others. Industry Overview
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Macrocyclic musk items were used in littler volume in the previous couple of years when compared with polycyclic musk principally on account of their high manufacturing cost. However, progresses in the combination of macrocyclic mixes have brought down their costs considerably. Accordingly, the significance of macrocyclic musk among consumers is developing relentlessly as the ratio of cost and performance has expanded positively. There is an enormous interest in eco-friendly musk across a host of industry verticals, which will have positive effect on pentalide market forecast by 2025. Pentalide is widely used to provide fragrance to fabric softeners and detergents. Rising awareness among the consumers towards cleanliness and wellbeing coupled with rising purchasing power will augment cyclopentadecanolide industry trends. Continue…
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Additionally, e-commerce channels have expanded consumer reach with the convenience of online shopping and the ability to showcase a variety of products. In 2018, pentalide market share from fabric care applications accounted for nearly 25% of the total business size. Growing disposable income among people especially in developing economies such as Asia Pacific is leading to a rise in sales of electronic items such as washing machines. Moreover, affordability to purchase varieties in detergents and fabric softeners will supplement the industry demand over the coming years. Burgeoning hospitality sector globally is another vital factor bolstering pentalide market outlook by 2025. Continue…
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Browse Full Market Research Report Of Pentalide Market @ http://bit.ly/2knlPxGhttp://bit.ly/2knlPxG Request for a Sample of this Research report @ http://bit.ly/2kJ5Pqb http://bit.ly/2kJ5Pqb
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com U.S. Cyclopentadecanolide Market Size, By End-User, 2014-2025 (USD Thousand)
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Industry Coverage
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Key players in pentalide market industry include Firmenich International, Soda Aromatics, Penta International Corp Tokyo Chemical Industry, Alpha Aesar, Spectrum Chemical Manufacturing and Symrise Ag. Companies are expanding their businesses to fuel innovations and consumer reach. Continue…
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