Global Citral Market Precise Forecast Study Reveals Growth Prospects, Key Trends and Factors Until the End of 2023

Published on : Jun 28, 2018

Albany, New York, June 28, 2018: Market Research Hub (MRH) has recently announced the addition of a new report to its vast repository, which is titled as “Global (North America, Europe, Asia-Pacific, South America, Middle East and Africa) Citral Market 2018, Forecast to 2023”. The study offers a holistic outlook of the market covering different sections on market definition, market dynamics including the key drivers, restraints and trends that are governing the market. To pour more light on this, geographical analysis has been presented. The regional analysis section is a crucial segment of the report, which enlightens the reader about the market size and forecast for each region. Regions underlined in the study are North America, Europe, and the Asia Pacific.

According to the study evaluations, the worldwide market for Citral is expected to grow at an impressive CAGR during the forecast period of 2018-2023 and will reach substantial revenue in US$ in 2023. In terms of geography, the research study finds that the Asia-Pacific will occupy for more Citral market share in following years, especially in China, also fast-growing India and Southeast Asia regions. Europe and China are the primary consumption regions due to the bigger demand for downstream applications. In next two or three years, the production of citral would increase rapidly, which results from BASF putting into production in Malaysia and Zhejiang NHU new project of citral.

Firstly, the readers will be able to infer the details of citral market summary, which includes a market snapshot that provides information about various segments of the market. Citral (C10H16O), also known as 3,7-dimethyl-2,6-octadienal, is a pale yellow liquid with a strong lemon odour, that occurs in the essential oils of plants. In cosmetics and personal care products, Citral is used in the creation of various products including aftershave lotions, bath products, moisturizers, perfumes and sun care products.

Moving further, this research report categorizes the global citral market on the basis of product type and application. In terms of product type, the study covers natural citral and synthetic citral. On the other hand, applications highlighted in the study include Lemon Essence, Menthol, Vitamin A, Ionone and others. The data regarding sales, market share and growth rate by type, application, from 2013 to 2018; has also been offered to the readers.

In the end, the competitive landscape analysis gives readers detailed analysis and insights on the business and product strategies of leading players. Some of the leading players highlighted in the study are BASF, Kalpsutra Chemicals, Industrial and Fine Chemicals, Kuraray, Xinhua Nuowei, Jiangxi Xuesong, Zhejiang NHU, Rajkeerth, Guangzhou Ri Huace and Jiangxi Global Natural Spices. This section displays the competitive situation among the top manufacturers, on the basis of sales, revenue and market share in the year 2016 and 2017;

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