Market Overview:
The global menthyl acetate 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 menthyl acetate in various applications such as washing & cleaning products, air care products, polishes and waxes, perfumes and fragrances, cosmetics and personal care products., biocides, and others. In addition, the growing demand for menthyl acetate from emerging economies is also contributing to the growth of this market. However, volatility in prices of raw materials may restrain the growth of this market during the forecast period.
Product Definition:
Menthyl acetate is a chemical compound with the molecular formula C9H18O2. It is an ester of menthol and acetic acid, and is used as a flavoring agent in foods and beverages.
Below 95%:
Menthol is a fragrant, colorless liquid that has been used in the fragrance industry for decades. It is also an important flavoring agent in ice creams and other frozen desserts. Menthol can be produced from natural sources or through chemical synthesis. The majority of menthol manufactured today is done so by the hydro-generation method using carbon as a raw material which results in less energy consumption and reduced greenhouse gas emissions compared to its synthetic counterpart (SBR).
95%-97%:
95%-97% is a type of Methyl acetate. It is also known as n-Methyl-2-pyrrolidone or NMP, which is an organic solvent. 95%-97% can be used to produce paints, varnishes, lacquers; for cleaning stains from clothes; and in laboratories for research purposes as it has low toxicity levels.
Application Insights:
Washing and cleaning products emerged as the leading application segment in 2017, with a revenue share of over 40%. The product is widely used for washing cars, trucks, cycles and other vehicles. It is also employed in general washing activities at homes. Increasing disposable income owing to growing economies such as Asia Pacific will drive the demand for washing and cleaning products over the forecast period.
Methyl acetate is anticipated to witness high demand from perfumers due to its pleasant fragrance properties. The chemical compound has been used extensively by cosmetics companies for developing new fragrances that can be sold commercially through branding efforts or advertisements on television or online media platforms. This trend will positively influence market growth during the forecast period. Other applications include biocides which are widely utilized in industrial cleaners along with methyl ethyl ketone (MEK) among others due to their superior biodegradable property compared to traditional surfactants currently being utilized globally across industries including automotive, household cleaners etc.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for approximately 60% of global production capacity, 80% of global trade, and 60-70% of total consumption. China is by far the largest consumer as well as producer in this region owing to low manufacturing cost coupled with easy availability of raw materials.
The product demand in Europe has been witnessing moderate growth due to stringent government regulations regarding VOC emissions from personal care products along with growing environmental concerns among consumers about harmful effects on human health & environment caused by these compounds. Stringent government regulations have resulted in reducing product usage across various applications such as polishes & waxes, washing & cleaning products, air care products etc., thereby affecting overall market growth negatively.
North America emerged as a significant consumer owing to high demand from end-use industries such as automotive.
Growth Factors:
- Increasing demand from end-use industries such as flavor and fragrance, pharmaceuticals, and personal care products
- Rising awareness about the benefits of mentholated products among consumers
- Growing popularity of natural ingredients in cosmetics and other personal care products
- Technological advancements that enable production of high-quality mentholated products
- Expansion of distribution channels for Menthyl acetate across regions
Scope Of The Report
Report Attributes
Report Details
Report Title
Menthyl acetate Market Research Report
By Type
Below 95%, 95%-97%, 95%-97%, Above 99%
By Application
Washing & Cleaning Products, Air Care Products, Polishes And Waxes, Perfumes And Fragrances, Cosmetics And Personal Care Products., Biocides, Others
By Companies
ADM, Lluch Essence, AUROCHEMICALS, BASF SE, Anhui Seashells Import And Export Co., LTD
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
153
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Menthyl acetate Market Report Segments:
The global Menthyl acetate market is segmented on the basis of:
Types
Below 95%, 95%-97%, 95%-97%, Above 99%
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
Washing & Cleaning Products, Air Care Products, Polishes And Waxes, Perfumes And Fragrances, Cosmetics And Personal Care Products., Biocides, 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:
- ADM
- Lluch Essence
- AUROCHEMICALS
- BASF SE
- Anhui Seashells Import And Export Co., LTD
Highlights of The Menthyl acetate 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:
- Below 95%
- 95%-97%
- 95%-97%
- Above 99%
- By Application:
- Washing & Cleaning Products
- Air Care Products
- Polishes And Waxes
- Perfumes And Fragrances
- Cosmetics And Personal Care Products.
- Biocides
- 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 Menthyl acetate 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
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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?
Menthyl acetate is a chemical compound with the molecular formula C8H10O2. It is a colorless, volatile liquid that has a sweet, fruity odor. Menthyl acetate is used in perfumes and cosmetics to give products a floral scent.
Some of the major companies in the menthyl acetate market are ADM, Lluch Essence, AUROCHEMICALS, BASF SE, Anhui Seashells Import And Export Co., LTD.
The menthyl acetate market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Menthyl acetate 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 Menthyl acetate Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Menthyl acetate 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 Menthyl acetate 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 Menthyl acetate Market Size & Forecast, 2020-2028 4.5.1 Menthyl acetate Market Size and Y-o-Y Growth 4.5.2 Menthyl acetate 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 Below 95%
5.2.2 95%-97%
5.2.3 95%-97%
5.2.4 Above 99%
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 Washing & Cleaning Products
6.2.2 Air Care Products
6.2.3 Polishes And Waxes
6.2.4 Perfumes And Fragrances
6.2.5 Cosmetics And Personal Care Products.
6.2.6 Biocides
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Menthyl acetate 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 Menthyl acetate 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 Below 95%
9.6.2 95%-97%
9.6.3 95%-97%
9.6.4 Above 99%
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 Washing & Cleaning Products
9.10.2 Air Care Products
9.10.3 Polishes And Waxes
9.10.4 Perfumes And Fragrances
9.10.5 Cosmetics And Personal Care Products.
9.10.6 Biocides
9.10.7 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 Below 95%
10.6.2 95%-97%
10.6.3 95%-97%
10.6.4 Above 99%
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 Washing & Cleaning Products
10.10.2 Air Care Products
10.10.3 Polishes And Waxes
10.10.4 Perfumes And Fragrances
10.10.5 Cosmetics And Personal Care Products.
10.10.6 Biocides
10.10.7 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 Below 95%
11.6.2 95%-97%
11.6.3 95%-97%
11.6.4 Above 99%
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 Washing & Cleaning Products
11.10.2 Air Care Products
11.10.3 Polishes And Waxes
11.10.4 Perfumes And Fragrances
11.10.5 Cosmetics And Personal Care Products.
11.10.6 Biocides
11.10.7 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 Below 95%
12.6.2 95%-97%
12.6.3 95%-97%
12.6.4 Above 99%
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 Washing & Cleaning Products
12.10.2 Air Care Products
12.10.3 Polishes And Waxes
12.10.4 Perfumes And Fragrances
12.10.5 Cosmetics And Personal Care Products.
12.10.6 Biocides
12.10.7 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 Below 95%
13.6.2 95%-97%
13.6.3 95%-97%
13.6.4 Above 99%
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 Washing & Cleaning Products
13.10.2 Air Care Products
13.10.3 Polishes And Waxes
13.10.4 Perfumes And Fragrances
13.10.5 Cosmetics And Personal Care Products.
13.10.6 Biocides
13.10.7 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 Menthyl acetate Market: Competitive Dashboard
14.2 Global Menthyl acetate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ADM
14.3.2 Lluch Essence
14.3.3 AUROCHEMICALS
14.3.4 BASF SE
14.3.5 Anhui Seashells Import And Export Co., LTD