Market Overview:
The global Hexyl Salicylate market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the Hexyl Salicylate market can be attributed to the increasing demand for flavor and fragrance, household chemicals, and other applications. In terms of type, the 98% purity segment is expected to hold a larger share of the Hexyl Salicylate market during the forecast period. However, with respect to growth rate, the 99% purity segment is projected to grow at a higher rate than other types during the forecast period.
Product Definition:
Hexyl Salicylate is a colorless or white crystalline solid with a slightly bitter taste. It is used in sunscreens, cosmetics, and perfumes.
98% Purity:
98% purity is a high quality and standard grade of salicylic acid. It has the same chemical properties as that of normal salicylic acid, but it's 100% concentration with no additives. Salicylic acid manufactured from 98% pure stock is called as fully refined or crude form of salicylates. The product can be used in multiple applications such as pharmaceuticals, chemicals, oil field chemicals and greases among others depending upon its properties and desired use.
99% Purity:
99% purity is a very high quality product and it has no substitute in the market. It is used as an intermediate for manufacturing various chemicals such as salicylic acid, phenol, resorcinol, and other pharmaceutical drugs.
Application Insights:
The flavor and fragrance application segment led the global market in 2017.hexyl salicylate is used as a raw material for manufacturing various flavors and fragrances such as vanillin, musk, patchouli oil, geraniol, citral among others. Increasing demand for natural cosmetic products with high quality standards is expected to drive the product demand in this segment over the forecast period.
Household chemicals are another major application of hexyl salicylate where it is used as an ingredient for making cleaners, polishes and disinfectants among other household products such as oils and creams. The increasing use of naturally derived ingredients that are healthier alternatives compared to synthetic ones has driven the market growth in this segment significantly over recent years.
Regional Analysis:
North America was the largest regional market in 2017 owing to high demand from various application industries. The region is expected to maintain its dominance over the forecast period due to increasing consumer spending on premium products. Asia Pacific is projected to be the fastest-growing regional market at a CAGR of XX% from 2018 to 2030 owing with rapid industrialization and economic development in India, China, Japan, South Korea, Taiwan and Indonesia among other countries.
The European market also contributed significantly towards consumption volume share in 2017 due rising preference for natural ingredients across France Germany Italy Spain U.K., etc.).
Growth Factors:
- Increasing demand from end-use industries such as cosmetics, pharmaceuticals, and food & beverages
- Rising awareness about the benefits of Hexyl Salicylate among consumers
- Growing research and development activities for new applications of Hexyl Salicylate
- Expansion of manufacturing capacities by key players in the market
- Increasing collaborations between manufacturers and distributors to strengthen distribution channels
Scope Of The Report
Report Attributes
Report Details
Report Title
Hexyl Salicylate Market Research Report
By Type
98% Purity, 99% Purity
By Application
Flavor and Fragrance, Household Chemicals, Others
By Companies
IFF, Firmenich, Anhui Hyea Aromas, Zhejiang Xinhua Chemical
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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Hexyl Salicylate Market Report Segments:
The global Hexyl Salicylate market is segmented on the basis of:
Types
98% Purity, 99% Purity
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
Flavor and Fragrance, Household Chemicals, 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:
- IFF
- Firmenich
- Anhui Hyea Aromas
- Zhejiang Xinhua Chemical
Highlights of The Hexyl Salicylate 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:
- 98% Purity
- 99% Purity
- By Application:
- Flavor and Fragrance
- Household Chemicals
- 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 Hexyl Salicylate 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?
Hexyl salicylate is a synthetic, volatile oil that is used as a fragrance and flavor agent. It has a sweet, woody odor and is often found in cosmetics, shampoos, and other personal care products.
Some of the major players in the hexyl salicylate market are IFF, Firmenich, Anhui Hyea Aromas, Zhejiang Xinhua Chemical.
The hexyl salicylate market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hexyl Salicylate Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Hexyl Salicylate Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hexyl Salicylate Market - Supply Chain
4.5. Global Hexyl Salicylate Market Forecast
4.5.1. Hexyl Salicylate Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hexyl Salicylate Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hexyl Salicylate Market Absolute $ Opportunity
5. Global Hexyl Salicylate Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Hexyl Salicylate Market Size and Volume Forecast by Type
5.3.1. 98% Purity
5.3.2. 99% Purity
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hexyl Salicylate Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Hexyl Salicylate Market Size and Volume Forecast by Application
6.3.1. Flavor and Fragrance
6.3.2. Household Chemicals
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hexyl Salicylate Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Hexyl Salicylate Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Hexyl Salicylate Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Hexyl Salicylate Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Hexyl Salicylate Demand Share Forecast, 2019-2026
9. North America Hexyl Salicylate Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Hexyl Salicylate Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Hexyl Salicylate Market Size and Volume Forecast by Application
9.4.1. Flavor and Fragrance
9.4.2. Household Chemicals
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hexyl Salicylate Market Size and Volume Forecast by Type
9.7.1. 98% Purity
9.7.2. 99% Purity
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Hexyl Salicylate Demand Share Forecast, 2019-2026
10. Latin America Hexyl Salicylate Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Hexyl Salicylate Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Hexyl Salicylate Market Size and Volume Forecast by Application
10.4.1. Flavor and Fragrance
10.4.2. Household Chemicals
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hexyl Salicylate Market Size and Volume Forecast by Type
10.7.1. 98% Purity
10.7.2. 99% Purity
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Hexyl Salicylate Demand Share Forecast, 2019-2026
11. Europe Hexyl Salicylate Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Hexyl Salicylate Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Hexyl Salicylate Market Size and Volume Forecast by Application
11.4.1. Flavor and Fragrance
11.4.2. Household Chemicals
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hexyl Salicylate Market Size and Volume Forecast by Type
11.7.1. 98% Purity
11.7.2. 99% Purity
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/rowth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Hexyl Salicylate Demand Share, 2019-2026
12. Asia Pacific Hexyl Salicylate Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Hexyl Salicylate Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Hexyl Salicylate Market Size and Volume Forecast by Application
12.4.1. Flavor and Fragrance
12.4.2. Household Chemicals
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hexyl Salicylate Market Size and Volume Forecast by Type
12.7.1. 98% Purity
12.7.2. 99% Purity
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Hexyl Salicylate Demand Share, 2019-2026
13. Middle East & Africa Hexyl Salicylate Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Hexyl Salicylate Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Hexyl Salicylate Market Size and Volume Forecast by Application
13.4.1. Flavor and Fragrance
13.4.2. Household Chemicals
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hexyl Salicylate Market Size and Volume Forecast by Type
13.7.1. 98% Purity
13.7.2. 99% Purity
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Hexyl Salicylate Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hexyl Salicylate Market: Market Share Analysis
14.2. Hexyl Salicylate Distributors and Customers
14.3. Hexyl Salicylate Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. IFF
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Firmenich
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Anhui Hyea Aromas
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Zhejiang Xinhua Chemical
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook