Global Linalool Market was valued at USD xx Mn in 2019 and is expected to reach USD xx Mn by 2027 at a CAGR of 4.3% over the forecast period 2020-2027.
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The report covers an in-depth analysis of COVID 19 pandemic impact on Global Linalool Market by region and on the key players’ revenue affected till July 2020 and expected short term and long-term impact on the market.
Global Linalool Market overview
Linalool is also known as, β-linalool, linalyl alcohol, allo-ocimenol, p-linalool, and 3,7-dimethyl-1,6-octadien-3-ol. It is found in spice plants and is one of the most common terpene alcohols used in various commercials applications. Cannabaceae family is also one of the major sources for linalool as it can be found in some fungi. Its growing demand owing to its fragrance and pleasing aroma, which is like spiciness of floral fragrance particular. Linalool is found in the family of Rutaceae plants (citrus fruits) and Lamiaceae (laurels, rosewood, and cinnamon). Also, it is present in over 200 plant species. It belongs to the Terpene Alcohol Class. It is typically used by herbologists, smooth muscle spasm relievers, aromatherapists as a sedative, and local anaesthetics. Besides, it has a strong impact on the nervous system.
Global Linalool Market Dynamics
Linalool is typically found in boreal climate zones. Linalool demand from perfume and pharmaceutical industries is increasing which has fuelled the demand for linalool market. In particular, in the ayurvedic and herbologists practice it is ideal for relievers of muscles or smooth muscle spasm, skincare and aromatherapists. Besides, other applications such as skin inflammations, typically in the form of tea tree oil and skin alignments, for various end-use applications have guided the growth of the market for the linalool market.
However, factors such as consumer awareness towards these manufacturing products and the availability of raw materials may slow down the growth of the market. Besides, environmental impact and government stringent policies towards chemical industries may hamper the growth of the market.
Linalool is widely used in chemical industries as a chemical intermediate driving the growth of the linalool market. Increasing applications such as in cleaning products, perfumed hygiene, and scent ingredients such as lotions, shampoos, soaps, and detergents are increasing the demand for the linalool market. It is also used to reduce anxiety. Besides, they are used in a wide range of end-use applications such as in pest controllers against various insects including fruit flies, cockroaches, and fleas. Linalool is a popular backend product of vitamin E. In 2008 research, showed ineffective results in demonstrating linalool as an anxiolytic agent.
Global Linalool Market: Regional Analysis
The regional analysis of the worldwide Linalool market is segregated across North America, Europe, Asia Pacific, the Middle East and Africa, and South America. North America followed by the Asia Pacific and Europe is the fastest-growing region and dominating the linalool market. The linalool market especially in developing economies especially in South Asia: Malaysia, Singapore, Philippines, and Indonesia are expected to expand over the forecast period. Rising disposable income, changes in lifestyle, and rising inclinations towards a premium range of products in North America and Europe is boosting the growth of the linalool market. The Asia Pacific is in fragrance and flavor space is growing which built lucrative for the linalool market. Increasing demand for personnel care, cosmetic products especially for skin care is driving the growth of the market in the regions.
Report covers in-depth analysis of key development, marketing strategies, supply-side and demand side indicators and company profiles of market leaders, potential players, and new entrants. Key players operating in this market are adopting various organic and inorganic growth strategies such as merger& acquisitions, joint ventures, collaborations, expansion, new Type launches and patents to increase their regional presence and business operations.
The objective of the report is to present a comprehensive analysis of the Global Linalool Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Linalool Market dynamics, structure by analyzing the market segments and project Global Linalool Market Clear representation of competitive analysis of key players by price, financial position, Type portfolio, growth strategies, and regional presence in the Global Linalool Market make the report investor’s guide.
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Global Linalool Market, by Type
• Natural Linalool
• Synthetic Linalool
Global Linalool Market, by Application
• Fragrance
• Flavor
• Anti-inflammatory
• Essential oils
• Others
Global Linalool Market, by Region
• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa
Global Linalool Market Major Players
• Symrise
• Purong Essences
• NHU
• BASF
• Jiaxing Sunlong Industrial & Trading
• DSM
• Tianxiang
• Jiangxi East
• 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
• Aroma Chemical Services International GmbH.
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