Pentalide (Cyclopentadecanolide) Market Segmentation:
Fragrance House Segment Analysis
Big segment is set to hold pentalide (cyclopentadecanolide) market share of more than 50% by 2035, With the most market share in 2023, the big fragrance house segment is leading the industry which will increase at a CAGR of 4.5% by the end of 2035. The expansion of big fragrance houses like Firmenich International, Symrise AG, etc. will lead to immense growth of the segment during the projected period.
For instance, the successful merger of DSM and Firmenich, together with the subsequent establishment of a new business that unites one of the biggest innovation and creative communities in nutrition, health, and beauty, was confirmed on May 9, 2023. DSM-Firmenich, with around 30,000 employees and unparalleled expertise from more than a century of state-of-the-art research, will create magic in the field of fragrances and flavors with this partnership.
Product Segment Analysis
In pentalide (cyclopentadecanolide) market, toiletries segment is likely to capture revenue share of over 37% by 2035. Cyclopentadecanolide industry size for toiletries is expected to increase at a CAGR of around 5% at the end of 2035. This development will be noticed due to the increased awareness of hygiene amongst people around the world.
According to the World Health Organization, in 2022, 57% of the world's population (4.6 billion) used a sanitation service that was safely managed; 33% (2.7 billion) used private sanitation facilities that were connected to sewers and treated wastewater; 21% (1.7 billion) used latrines or toilets where excreta was disposed of in a safe manner in-place; and 88% of all people (7.2 billion) used at least a basic sanitation service.
Our in-depth analysis of the global cyclopentadecanolide market includes the following segments:
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Fragrance House |
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Product |
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End-Use Industry |
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