Global Anisole Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
MarketResearch.biz delivers in-depth insights on the global anisole market in its upcoming report titled, “Global Anisole Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027”. The global anisole market is estimated to register a CAGR of X.X% in terms of value during forecast period 2017–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global anisole market report has been segmented on the basis of application, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Anisole, also known as methoxybenzene, is color less liquid that smells similar to anise seeds. It is an organic compound that is commonly made synthetically. It is an ether with chemical formula CH3OC6H5. Anisole is used for making pharmaceuticals, dyes, and fragrances. In addition, it is also used as insect pheromone and solvent.
Increasing demand for cosmetics and perfumes among consumers is a major factor driving growth of the global anisole market. Increasing use of anisole in pharmaceuticals for internal and external application, coupled with increasing pharmaceuticals sector in developing countries are factor fueling growth of the global market. Additionally, increasing use for anisole in dyes, as well as food & beverages is another factor anticipated to increase its demand in the target market. Furthermore, increasing demand of personal care products and pharmaceuticals among consumers are factors expected to boost growth of the global anisole market in the near future.
However, changing prices of raw materials and less storage life of anisole may hamper growth of the global market. In addition, inhalation of anisole can cause harmful effect on health of individuals such as dry skin, throat burning, cough, eyes irritation, etc. Nevertheless, research and development activities to expand its area of application can create high revenue opportunities for players in the global anisole market.
Market in Europe dominates the global market in terms of revenue and is expected to witness high growth over the forecast period. Growing demand for personal care products among consumers is a factor driving growth of the target market in this region. Additionally, increasing spending on perfumes, coupled with growing perfume industry are also factors propelling growth of the global anisole market in this region. Market in Asia Pacific is expected to witness a significant growth in terms of revenue in the near future, owing to increasing number of pharmaceuticals industries in this region especially in China and India. Market in North America is expected to lucrative growth in terms of revenue in the global market, followed by Latin America and Middle East and Africa. Growing demand for perfumers in Brazil, Saudi Arabia, and Kuwait is also factor anticipated to fuel growth of the market in Middle East and Africa region.
Global Anisole Market Segmentation:
- Food and beverages
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2020 Estimated Year 2021 Forecast Period 2021–2030 Revenue in US$
- Evonik Industries AG
- Atul Ltd.
- Surya Life Sciences Ltd.
- Westman Chemicals Pvt. Ltd
- Sigma-Aldrich Corporation
- Camlin Fine Sciences Ltd.
- Eastman Chemical Company
- Solvay S.A.
- Huaian Depon Chemical Co., Ltd.
- JIANGSU TIANJIAYI CHEMICAL CO. LTD.
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