North American Market Forecast
The North America aroma chemicals market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2037. The growth of the market can be attributed majorly to the growing demand for different types of chemical products amongst the different end-users, along with the growing demand for aroma chemicals. For instance, in 2021, over 990 million tons of chemical products were shipped across the United States. The aroma chemicals are used in the manufacturing of perfumes or scents. These chemicals are extracted from natural sources from the distillation process. Also, many synthetic chemicals are used for the preparation of aroma chemicals with natural scents or flavors. Air fresheners, room fresheners, cosmetic products such as hair care, skincare, and personal care products, soaps, lotions, and shampoos contain aroma chemicals. All these products have huge demand in the region as people’s spending capacity is growing going to high disposable income.
Author Credits: Rajrani Baghel
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