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Diisobutyl Carbinyl Acetate Market : What are the future growth opportunities?

Author : Ronak Bora | Published Date : 2019-04-12 

The qualitative research study introduced by Global Market Insights, Inc. on Diisobutyl Carbinyl Acetate Market Report provides primary Data, surveys, Scope of the Product and vendor briefings. The market dynamic forces have been determined after conducting a detailed study of the industry.

Diisobutyl Carbinyl Acetate Market size is likely to witness gains as it finds its uses in the cosmetics and perfumes industry. It is a colorless to pale yellow color liquid with a floral and fruity fragrance similar to that of a pear. The product is synthesized through the acetylation process of dimethylbenzyl carbinol and the subsequent liquid is a fragrance element for cosmetics and perfumes. The cosmetics industry is witnessing substantial growth due to increasing use of these products among young and middle age women. In 2016, the global cosmetic market was valued over USD 450 billion and will witness further growth at a CAGR of over 5%. Rapid lifestyle changes, rising GDPs of the emerging economies, growing demand for personal care products, advanced beauty treatments, and increasing awareness of personal care and cosmetic products are the key factors driving the cosmetics industry, which in turn is driving the global diisobutyl carbinyl acetate industry.

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In the developing countries, the middle-class population is expanding widely, leading to a rise in demand for perfumes and fragrances, which is considered as a premium segment. The global perfumes market was valued close to USD 40 billion in 2016. In Asia Pacific, countries like India and China have massive population, rising disposable income of people and purchasing power parity, which will have considerable contribution to the perfumes and fragrance industry. This is one of the key factors contributing to the global diisobutyl carbinyl acetate market.

Use of different fragrances and perfumes has become sense of pride, confidence, and self-reliance. From being a non-essential product, perfumes and fragrances have turn out to be essentials in today’s era. Also, wide range of perfumes with different quality allows people of all classes to use them. These factors will make fragrances an important application segment of the diisobutyl carbinyl acetate market.

On the basis of region, the global diisobutyl carbinyl acetate market is divided into Asia Pacific, Europe, North America, Latin America and Middle East & Africa. Asia Pacific, led by China, Japan, India, and South Korea, holds a major share of the global diisobutyl carbinyl acetate industry. Growing tourism activities coupled with availability of raw materials in the Southeast Asian countries will also have a positive influence on the industry. The diisobutyl carbinyl acetate business in the developed region of North America and Europe will grow at a steady pace owing to high affordability along with the presence of world class perfume manufacturers in France and Italy.

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The significant players in the global diisobutyl carbinyl acetate market include Goldschmidt, P&G Chemicals, Emery Oleochemicals, Simagchem Corporation, Amyris, Jinan Haohua Industry Co Ltd, Hangzhou J and H Chemical Co Ltd, Hangzhou Dayangchem Co Ltd, SIGMA-ALDRICH Corporation, Reuter Chemische Apparatebau KG, Gihi Chemicals Co Ltd, Biesterfeld Spezialchemie GmbH, Karl H. Boddin Chemiehandel GmbH, Suzhou Bichal Biological Technology Co Ltd, Merck Schuchardt OHG, Santa Cruz Biotechnology Inc, Clearsynth Labs Limited, Magna-Kron Corp, Codexis, Solazyme, and Gevo.

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About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

 

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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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