According to a market report by Lucintel, the future of the global phenethyl alcohol market looks promising with opportunities in the food & beverage, personal care, household product, pharmaceutical, and industrial chemical markets. The global phenethyl alcohol market is expected to reach an estimated $1,503 million by 2035 from $980 million in 2027 with a CAGR of 5.1% from 2027 to 2035. The major drivers for this market are the increasing demand for fragrance ingredients, the rising use in cosmetic formulations, and the growing application in personal care products.
A more than 150-page report to understand trends, opportunity and
forecast in global phenethyl alcohol
market to 2035 by form (liquid, solid, and powder), purity level (low purity,
medium purity, and high purity), application (fragrance, flavoring agent,
cosmetics, pharmaceuticals, and chemical intermediates), end use (food &
beverage, personal care, household products, pharmaceutical, and industrial
chemicals), and region (North America, Europe, Asia Pacific, and the Rest of
the World).
Lucintel forecasts that, within the form category, powder is expected to
witness the highest growth over the forecast period due to increasing demand
for convenient and versatile powder formulations.
Within the end use category, food and beverage is expected to witness the
highest growth over the forecast period due to rising processed food
consumption trends.
In terms of regions, North America will remain the largest region over
the forecast period due to advanced food processing industries and strong
consumer demand.
Download sample by clicking on phenethyl alcohol market.
BASF SE, Emerald Kalama Chemical, Kraton Corporation, Solvay SA, SABIC,
Eastman Chemical Company, Hawkins, Inc. are the major suppliers in the phenethyl alcohol market.
This
unique research report will enable you to make confident business decisions in
this globally competitive marketplace. For a detailed table of contents,
contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get
access of more than 1000 reports at fraction of cost visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
your growth through game changer ideas and robust market &
unmet needs analysis. We are based in
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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