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Hexyl Acetate Market Share

Report ID: GMI6331
Published Date: Jul 2023
Report Format: PDF

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Hexyl Acetate Market Share

Some of the major entities operating in the hexyl acetate market include

The Good Scents Company
International Flavors
Fragrances
Bontoux
Beijing Lys Chemicals
Apiscent Labs
Advanced Biotech
Nimble Technologies
RX Marine International
Zhejiang NetSun
Lanxess AG
Merck KGaA

These players concentrate on strategic partnerships, new product launches, and commercialization efforts for market growth. Furthermore, they make huge investments in research & development to launch advanced products and gain maximum market revenue.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for hexyl acetate was valued at USD 97 million in 2022 and will record more than 4% CAGR over 2023-2032, given the increasing consumer demand for natural and organic products, rapid growth of the food and beverage industry, and rising disposable incomes worldwide.

Flavoring agent applications accounted for a 29% share of the hexyl acetate industry in 2022, owing to the product’s fruity and pleasant aroma profile, as well as growing consumer demand for unique flavors in foods and beverages.

North America market for hexyl acetate was over USD 31 million in 2022, given the growing preference for natural and organic products among consumers, and the use of the compound as a fragrance ingredient.

Some of the major entities operating in the hexyl acetate industry include The Good Scents Company, International Flavors?Fragrances, Bontoux, Beijing Lys Chemicals, Apiscent Labs, Advanced Biotech, Nimble Technologies, RX Marine International, Zhejiang NetSun, Lanxess AG, and Merck KGaA.