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Pentalide (Cyclopentadecanolide) Market Size

  • Report ID: GMI4327
  • Published Date: Sep 2024
  • Report Format: PDF

Pentalide Market Size

The global pentalide market size achieved USD 14.7 million in 2023 and will grow at 6.5% CAGR from 2024 to 2032. Pentalide, also known by various names such as cyclopentadecanolide, exaltolide, thibetolide, muskalactone, and muskolacto, is widely applicable across several end-user industries including toiletries, fabric care, cosmetics, alcohol, household, and industrial cleaners. Growing socio-economic factors in Asia Pacific, attributed to positive economic growth, will drive demand for cosmetics and personal care products, likely contributing significantly to the cyclopentadecanolide market size in the coming years.

 

For instance, the retail sales of cosmetic products in China have shown significant growth, and these trends are expected to continue in the future, driving pentalide demand as it is increasingly preferred by key personal care industry manufacturers due to its biodegradable nature. Additionally, stringent regulations against nitro and polycyclic musk, owing to their hazardous impact on human health, have been a major driver for the overall market size in recent years. Nitro and polycyclic musks tend to bioaccumulate in the environment and have been detected in human breast milk, blood, body fat, and umbilical cords. These compounds were found to disrupt cell functioning and hormone systems and are therefore being replaced by macrocyclic musk chemicals.
 

The production cost of pentalide poses a significant challenge for the market. The complex synthesis process and the need for high-quality raw materials contribute to elevated manufacturing costs, making the final product more expensive compared to synthetic alternatives. These higher production costs can limit the competitiveness of pentalide, especially in price-sensitive markets, and may hinder its widespread adoption across various industries. Additionally, manufacturers may face pressure to either absorb these costs, which can impact profitability, or pass them on to consumers, potentially reducing demand. As a result, controlling and optimizing production costs is crucial for the sustained growth and market penetration of pentalide.

Authors: Kiran Pulidindi, Manish Verma

Frequently Asked Questions (FAQ) :

The global market size for pentalide was valued at USD 14.7 million in 2023 and is expected to reach USD 26.5 million by 2032, driven by a CAGR of 6.5% from 2024 to 2032.

The toiletries segment is expected to grow to USD 6.1 million by 2024, with a CAGR of 6.8% from 2024 to 2032, driven by a rising consumer preference for natural and organic ingredients in personal care products.

The Asia Pacific market was valued at USD 5.2 million in 2023, driven by increasing consumer awareness of eco-friendly and sustainable products.

Major players in the industry include Firmenich SA, Symrise, SODA AROMATIC Co. Ltd., TCI Chemicals (India) Pvt. Ltd., Thermo Fisher Scientific, Augustus Oils Ltd., M&U International Trade Co. Ltd., Penta Manufacturer, Bedoukian Research, Inc., Spectrum Chemical Manufacturing Corp., and HUNTSMAN INTERNATIONAL LLC.

Pentalide Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 11
  • Tables & Figures: 172
  • Countries covered: 22
  • Pages: 200
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