Market Overview:
The global dihydromyrcene market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for dihydromyrcenol, citronellol, and other applications. Dihydromyrcenol is used as an intermediate in the production of various flavors and fragrances such as lemon, lime, orange, grapefruit, jasmine, rose oil etc., while citronellol is used in various products such as soaps & detergents; cosmetics; perfumes & colognes; candles; and air fresheners. Additionally, rising awareness about personal hygiene and increasing disposable income are also contributing factors for the growth of this market. However, volatility in prices of raw materials may restrain the growth of this market to some extent during the forecast period.
Product Definition:
a hydrocarbon found in many essential oils, including lemon, orange, and thyme oils; used as a flavor.
85% Dihydromyrcene:
Dihydromyrcene, also known as 4-methyl-1,3-thiazolium bromide is an inorganic compound.
It's molecular weight is normally found to be around 200 however it can get converted into smaller sizes during the conversion process.
88% Dihydromyrcene:
88% Dihydromyrcene is a colorless liquid with a mild aromatic odor. It is soluble in diethyl ether, acetone and water. 88% Dihydromyrcene can be manufactured by two methods: the direct oxidation of ethylene and the indirect oxidation of methane (methanation). The product has applications as an intermediate for manufacturing chemicals, plasticizers for PVC resins, lubricants & greases additives among others.
Application Insights:
Dihydromyrcenol, also known as 4-hydroxy-2,5-dimethylhexyl alcohol is the major product of the process and accounts for over 65% of the total production. The product has a strong odor similar to that of garlic which makes it unsuitable for human consumption. However, dihydromyrcenol can be used as an intermediate in manufacturing other chemicals such as phenols and thiophenols which are widely utilized in various industries such as pharmaceuticals and cosmetics.
The demand for dihydromyrcene has witnessed a rise due to its utilization in producing dihydromyrcenol which is further processed into other chemical compounds such as citronellal (a compound with a strong fragrance) and vanillin (the main component of vanilla). Other applications include 2,5- dimethylhexane sulfonate (wood preservative), vanillin oxide (aromatic compound) among others.
Regional Analysis:
Asia Pacific is expected to be the largest and fastest-growing regional market over the forecast period. The growth of this region can be attributed to increasing product demand from various application sectors such as fragrance, flavors & fragrances, personal care products, pharmaceuticals. Asia Pacific was followed by Europe in terms of revenue and is expected to grow at a lower rate over the forecast period. However, it will witness steady growth from 2018 to 2030 on account of rising geriatric population coupled with an increase in consumer disposable income levels in developed economies including Germany and U.K.
North America accounted for a significant share owing to high consumption levels coupled with stringent government regulations regarding VOC emissions that are harmful for human health.
Growth Factors:
- Increasing demand for dihydromyrcene in various end-use industries such as agrochemicals, flavors and fragrances, pharmaceuticals, and others is expected to drive the market growth.
- Growing awareness about the benefits of dihydromyrcene is another key factor that is anticipated to fuel the market growth over the forecast period.
- Rising demand for natural ingredients in various end-use applications is also projected to boost the market growth in near future.
- Growing research and development activities for new applications of dihydromyrcene are expected to create new opportunities for this market during forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Dihydromyrcene Market Research Report
By Type
85% Dihydromyrcene, 88% Dihydromyrcene
By Application
Dihydromyrcenol, Citronellol, Others
By Companies
Ernesto Ventós, Sky Dragon Fine-Chem, EcoGreen, Xinhua Chemical, Privi Organics India Limited, Ernesto Ventós
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
151
Number of Tables & Figures
106
Customization Available
Yes, the report can be customized as per your need.
Global Dihydromyrcene Market Report Segments:
The global Dihydromyrcene market is segmented on the basis of:
Types
85% Dihydromyrcene, 88% Dihydromyrcene
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Dihydromyrcenol, Citronellol, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Ernesto Ventós
- Sky Dragon Fine-Chem
- EcoGreen
- Xinhua Chemical
- Privi Organics India Limited
- Ernesto Ventós
Highlights of The Dihydromyrcene Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 85% Dihydromyrcene
- 88% Dihydromyrcene
- By Application:
- Dihydromyrcenol
- Citronellol
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Dihydromyrcene Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Dihydromyrcene is a hydrocarbon molecule with the chemical formula C8H10. It is a colorless, volatile oil that has been used in industrial and medical applications.
Some of the major players in the dihydromyrcene market are Ernesto Vent³s, Sky Dragon Fine-Chem, EcoGreen, Xinhua Chemical, Privi Organics India Limited, Ernesto Vent³s.
The dihydromyrcene market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Dihydromyrcene Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Dihydromyrcene Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Dihydromyrcene Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Dihydromyrcene Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Dihydromyrcene Market Size & Forecast, 2020-2028
4.5.1 Dihydromyrcene Market Size and Y-o-Y Growth
4.5.2 Dihydromyrcene Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 85% Dihydromyrcene
5.2.2 88% Dihydromyrcene
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Dihydromyrcenol
6.2.2 Citronellol
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Dihydromyrcene Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Dihydromyrcene Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 85% Dihydromyrcene
9.6.2 88% Dihydromyrcene
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Dihydromyrcenol
9.10.2 Citronellol
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 85% Dihydromyrcene
10.6.2 88% Dihydromyrcene
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Dihydromyrcenol
10.10.2 Citronellol
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 85% Dihydromyrcene
11.6.2 88% Dihydromyrcene
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Dihydromyrcenol
11.10.2 Citronellol
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 85% Dihydromyrcene
12.6.2 88% Dihydromyrcene
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Dihydromyrcenol
12.10.2 Citronellol
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 85% Dihydromyrcene
13.6.2 88% Dihydromyrcene
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Dihydromyrcenol
13.10.2 Citronellol
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Dihydromyrcene Market: Competitive Dashboard
14.2 Global Dihydromyrcene Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ernesto Ventós
14.3.2 Sky Dragon Fine-Chem
14.3.3 EcoGreen
14.3.4 Xinhua Chemical
14.3.5 Privi Organics India Limited
14.3.6 Ernesto Ventós
