Octyl Salicylate Market Economic Impact, Growth Factors and Forecast 2018-2025
The Octyl Salicylate Market research study stipulates a clear overview of the current market including the past and the projected future of market size concerning volume, technological advances, and economic elements in the market industry.
Los Angeles, USA – September 12, 2018 /MarketersMedia/ —
This study focuses on the production side and consumption side of Octyl Salicylate, presents the global Octyl Salicylate market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025. In terms of production side, this report researches the Octyl Salicylate capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Octyl Salicylate by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc. Octyl salicylate also known as 2- ethylhexylsalycylate, octisalate and benzoic acid among others is an organic compound. Octyl salicylate is an ester that is produced through the condensation of a salicylic acid with 2-ethylhexanol. Octyl salicylate is primarily a colorless or a pale yellow with a slight floral odor.
Asia Pacific is expected to be the fastest growing market in terms of demand in the cosmetic industry. The shift in the lifestyle of consumers and the growing health awareness in the region coupled with the growing disposable income of consumers are expected to boost the cosmetic market in the Asia Pacific region, which in turn is expected to drive the market for octyl salicylate during the projected period. Various cosmetic and sunscreen manufacturers have been trying to set up production and distribution facilities in emerging Asia Pacific countries especially India and China to cater to the rising demand of consumers.
Asia Pacific is anticipated to be the most attractive market for the cosmetic industry in the near future. Consequently, this is anticipated to boost the market for octyl salicylate during the projected period. The Octyl Salicylate market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Octyl Salicylate.
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This report includes the following manufacturers; we can also add the other companies as you want.
Universal Esters
Siddharth Carbochem Products
MFCI Co.
Clariant
Market Segment by Product Type
Colourless
Light Yellow
Market Segment by Application
Perfume
Soap
Cosmetics
Sunscreens
Key Regions split in this report:
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa
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