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2-Phenylethanol Market Report: Trends, Forecast and Competitive Analysis to 2030

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    Report

  • July 2024
  • Region: Global
  • Lucintel
  • ID: 5989062

2-Phenylethanol Trends and Forecast

The future of the global 2-phenylethanol market looks promising with opportunities in the food & beverage, personal care & cosmetic, and pharmaceutical markets. The global 2-phenylethanol market is expected to reach an estimated $347.2 million by 2030 with a CAGR of 5.2% from 2024 to 2030. The major drivers for this market are rising demand for natural and organic products, growing customer interest in floral fragrance, and increase in cosmetics market.

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2-Phenylethanol by Segment

The study includes a forecast for the global 2-phenylethanol by type, application, and region.

2-Phenylethanol Market by Type [Shipment Analysis by Value from 2018 to 2030]:

  • Natural
  • Synthetic

2-Phenylethanol Market by Application [Shipment Analysis by Value from 2018 to 2030]:

  • Food & Beverage
  • Personal Care & Cosmetics
  • Pharmaceutical
  • Others

2-Phenylethanol Market by Region [Shipment Analysis by Value from 2018 to 2030]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of 2-Phenylethanol Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies 2-phenylethanol companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the 2-phenylethanol companies profiled in this report include:
  • Apple Flavor and Fragrance Group
  • Matrix Scientific
  • Firmenich
  • KDAC Chem
  • Yingyang Aroma Chemical Group
  • Eternis Fine Chemicals
  • Harmony Organics
  • Symrise
  • TCI America
  • LyondellBasell Industries Holdings

2-Phenylethanol Market Insights

The publisher forecasts that natural will remain larger segment over the forecast period.

Within this market, personal care & cosmetic will remain the largest segment over the forecast period.

APAC is expected to witness the highest growth over the forecast period due to increasing demand for 2-phenylethanol from the personal care and cosmetics and food and beverage sectors in the region.

Features of the Global 2-Phenylethanol Market

  • Market Size Estimates: 2-phenylethanol market size estimation in terms of value ($M).
  • Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
  • Segmentation Analysis: 2-phenylethanol market size by type, application, and region in terms of value ($M).
  • Regional Analysis: 2-phenylethanol market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the 2-phenylethanol market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the 2-phenylethanol market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the 2-phenylethanol market size?
Answer: The global 2-phenylethanol market is expected to reach an estimated $347.2 million by 2030.

Q2. What is the growth forecast for 2-phenylethanol market?
Answer: The global 2-phenylethanol market is expected to grow with a CAGR of 5.2% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the 2-phenylethanol market?
Answer: The major drivers for this market are rising demand for natural and organic products, growing customer interest in floral fragrance, and increase in cosmetics market.

Q4. What are the major segments for 2-phenylethanol market?
Answer: The future of the 2-phenylethanol market looks promising with opportunities in the food & beverage, personal care & cosmetic, and pharmaceutical markets.

Q5. Who are the key 2-phenylethanol market companies?
Answer: Some of the key 2-phenylethanol companies are as follows:
  • Apple Flavor and Fragrance Group
  • Matrix Scientific
  • Firmenich
  • KDAC Chem
  • Yingyang Aroma Chemical Group
  • Eternis Fine Chemicals
  • Harmony Organics
  • Symrise
  • TCI America
  • LyondellBasell Industries Holdings
Q6. Which 2-phenylethanol market segment will be the largest in future?
Answer: The publisher forecasts that natural will remain larger segment over the forecast period.

Q7. In 2-phenylethanol market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period due to increasing demand for 2-phenylethanol from the personal care and cosmetics and food and beverage sectors in the region.

Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.

This report answers the following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the 2-phenylethanol market by type (natural and synthetic), application (food & beverage, personal care & cosmetics, pharmaceutical, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary
2. Global 2-Phenylethanol Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global 2-Phenylethanol Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global 2-Phenylethanol Market by Type
3.3.1: Natural
3.3.2: Synthetic
3.4: Global 2-Phenylethanol Market by Application
3.4.1: Food & Beverage
3.4.2: Personal Care & Cosmetics
3.4.3: Pharmaceutical
3.4.4: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global 2-Phenylethanol Market by Region
4.2: North American 2-Phenylethanol Market
4.2.1: North American 2-Phenylethanol Market by Type: Natural and Synthetic
4.2.2: North American 2-Phenylethanol Market by Application: Food & Beverage, Personal Care & Cosmetics, Pharmaceutical, and Others
4.3: European 2-Phenylethanol Market
4.3.1: European 2-Phenylethanol Market by Type: Natural and Synthetic
4.3.2: European 2-Phenylethanol Market by Application: Food & Beverage, Personal Care & Cosmetics, Pharmaceutical, and Others
4.4: APAC 2-Phenylethanol Market
4.4.1: APAC 2-Phenylethanol Market by Type: Natural and Synthetic
4.4.2: APAC 2-Phenylethanol Market by Application: Food & Beverage, Personal Care & Cosmetics, Pharmaceutical, and Others
4.5: ROW 2-Phenylethanol Market
4.5.1: ROW 2-Phenylethanol Market by Type: Natural and Synthetic
4.5.2: ROW 2-Phenylethanol Market by Application: Food & Beverage, Personal Care & Cosmetics, Pharmaceutical, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global 2-Phenylethanol Market by Type
6.1.2: Growth Opportunities for the Global 2-Phenylethanol Market by Application
6.1.3: Growth Opportunities for the Global 2-Phenylethanol Market by Region
6.2: Emerging Trends in the Global 2-Phenylethanol Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global 2-Phenylethanol Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global 2-Phenylethanol Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Apple Flavor and Fragrance Group
7.2: Matrix Scientific
7.3: Firmenich
7.4: KDAC Chem
7.5: Yingyang Aroma Chemical Group
7.6: Eternis Fine Chemicals
7.7: Harmony Organics
7.8: Symrise
7.9: TCI America
7.10: LyondellBasell Industries Holdings

Companies Mentioned

  • Apple Flavor and Fragrance Group
  • Matrix Scientific
  • Firmenich
  • KDAC Chem
  • Yingyang Aroma Chemical Group
  • Eternis Fine Chemicals
  • Harmony Organics
  • Symrise
  • TCI America
  • LyondellBasell Industries Holdings

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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