Synthetic Musk Market

Gain valuable insights into the Synthetic Musk Market, including sales outlook, demand forecast, and up-to-date key trends

Sustainable Fragrances: The Future of Synthetic Musk

Category: Chemicals & Materials


ID: CVC-91995


Format: PDF+Excel Dataset


Published Date: Feb-23


Pages: 300

Report Highlights

According to a research survey conducted by ChemView Consulting, Synthetic Musk Market is estimated to be worth US$ 144.33 Mn in 2023. The market is expected to grow at a CAGR of 3.40 % between 2023 and 2033 to hit US$ 201.64 Mn by 2033 end.

Key Market Trends

Breaking Barriers: Synthetic Musk as a Sustainable Alternative

As the world becomes more environmentally conscious, industries are looking for sustainable alternatives to traditional materials. The use of natural musk has been highly controversial due to its impact on animal populations. However, with the rise of synthetic musk, industries can now create products with the same chemical properties as natural musk without harming animals. The development of sustainable alternatives like synthetic musk is set to break barriers and pave the way for a more sustainable future.

From Lab to Shelf: The Future of Synthetic Musk Production

The production of synthetic musk is a complex process that requires advanced technology and expertise. However, recent advancements in technology have made it possible to produce synthetic musk on a large scale, making it more accessible to industries around the world. With the rise of synthetic musk production, we can expect to see a surge in the number of products that use synthetic musk, from fragrances to cleaning products and beyond. The future of synthetic musk production is bright, and it’s only just getting started.

Market Drivers

Fragrance Fanfare: Synthetic Musk Revolutionizing the Perfume Industry

The growing demand for unique and long-lasting fragrances in the perfume and personal care industries has driven the synthetic musk market. Synthetic musk offers a cost-effective and sustainable alternative to natural musk, providing a diverse range of scent profiles and enhancing the performance of various fragrance formulation

Clean and Fresh: Synthetic Musk Boosting Household and Personal Care Products

The expanding market for household and personal care products has fuelled the growth of the synthetic musk market. Its use as a fragrance ingredient in products such as detergents, soaps, and air fresheners contributes to an appealing sensory experience for consumers, further driving demand.

Sustainability and Ethics: Synthetic Musk Addressing Environmental and Animal Welfare Concerns

The increasing focus on sustainability and animal welfare has driven the adoption of synthetic musk as an alternative to natural musk. By using synthetic musk, manufacturers can create captivating fragrances without relying on animal-derived ingredients or harming the environment, further driving market growth.

Segmentation Insights

After conducting a thorough analysis of the Synthetic Musk Market, we have identified the top three trending segments in the industry. These segments are witnessing high demand, strong market growth, and widespread adoption. Here are the top three segments, presented in a professional and attractive manner:

Most Popular (Fastest Growth Rate)

Nitro Musk (Perfumes)

Nitro Musk has emerged as the most popular choice in the Synthetic Musk Market for perfumes. This synthetic musk has a strong, long-lasting scent that is widely used in high-end fragrances. The unique and exotic aroma of nitro musk makes it the preferred choice for consumers seeking a distinctive and luxurious perfume experience.

Most Selling (Largest Market Share)

Galaxolide (Laundry Detergents)

Galaxolide is the most selling product in the Synthetic Musk Market for laundry detergents. This synthetic musk has a clean and fresh scent that is widely used in laundry detergents and fabric softeners. Its superior fragrance retention and compatibility with other ingredients make it the go-to choice for consumers seeking a reliable and effective scent booster for their laundry.

Trending (Gaining Traction)

Tonalide (Body Wash)

Tonalide is gaining significant traction in the Synthetic Musk Market, particularly in the body wash segment. This synthetic musk has a mild and musky scent that is ideal for use in personal care products. Its excellent stability and compatibility with other ingredients make it the trending choice for consumers seeking a gentle and refreshing body wash that provides a long-lasting fragrance.

Regional Insights

North America: Awareness of Harmful Effects of Natural Musk Driving Demand for Synthetic Musk

Natural musk is extracted from the glandular secretions of musk deer, which has led to concerns over animal welfare and sustainability. Moreover, studies have found that natural musk can have harmful effects on the environment and human health. Synthetic musk, on the other hand, is manufactured using sustainable and eco-friendly methods and is free from harmful impurities. This has led to a growing awareness of the benefits of synthetic musk and is driving its demand in North America.

Growing Consumer Demand Drives Synthetic Musk Market in Asia Pacific

The synthetic musk market in Asia Pacific is witnessing significant growth due to the rising demand for personal care products, including perfumes, soaps, and detergents, which use synthetic musk as a key ingredient. The increasing disposable income and changing lifestyles of the region’s population are driving the demand for these products. Synthetic musk provides long-lasting fragrance to these products, making them popular among consumers.

Report Includes

Market Size Data

  • Global market size data, historical (2018 to 2022) and forecast (2023 to 2033), by each segment and region
  • Regional level market size data, historical (2018 to 2022) and forecast (2023 to 2033), by each segment and country
  • Country level market share data, historical (2018 to 2022) and forecast (2023 to 2033), by each segment
  • Market attractiveness analysis based on market share index and CAGR index for each of the segments and regions
  • Incremental dollar opportunity generated in the forecast period would be indicated
  • Key Takeaways, Recommendations, and key investment pockets for the relevant segments would be highlighted

Market Background

  • Macroeconomic factors that impact the market developments
  • Market dynamics (Drivers, Restraints, Opportunities) that positively or negatively influence market growth
  • Supply Side and Demand Side trends – trends witnessed from buyers and suppliers side
  • Production and Consumption Gap Analysis – analysis of gap between production and consumption in any geography to fulfil unmet demand
  • Trade analysis and analysis of key supply and demand hubs
  • Identification of hotbed opportunities existing in the market
  • Porter’s and PEST analysis to understand the business environment of the geography
  • Regulatory scenario – Identification of key sector specific and trade regulations, and assessment of whether it helps or hinder market development & growth

Pricing Analysis

  • Regional-level product pricing analysis to set and benchmark your current or future product offerings across each product type
  • Historical and projected pricing trends of the product which helps in determining the product’s price and/or services beneficial for companies product lifecycle
  • Cost teardown analysis and key factors impacting pricing

Value Chain Analysis

  • Country-wise list of raw material suppliers
    • Raw material price trends and buyers’ sentiment
    • Overview of Intelligent Sourcing Technique
    • Raw material procurement requirements
    • Vendor selection criteria
  • Country-wise list of product manufacturers
  • Country-wise list of distributors/traders
  • Country-wise list of end-users
    • End-Users/Customers consumption mapping
    • Key End-Users/Customers client list
  • Country-wise list of other key channel partners
  • Average profitability margins
  • Regional value chain dynamics

Competition Analysis

    • Market shares and production capacities of key players
    • Tier structure analysis of market
    • Comprehensive competition dashboard representing the top 10-15 players in the market
    • Individual company profiles of top 15 to 20 manufacturers
      • Business Overview
      • Product Portfolio
      • Key Financials
      • Recent Developments
      • SWOT Analysis
      • Strategies

Research Scope/Taxonomy
Market Analysis by Product type:

  • Nitro musk
  • Ketone synthetic musk
  • Xylene synthetic musk
  • Polycyclic musk
  • Galaxolide
  • Tonalide
  • Celestolide
  • Phantolide
  • Traesolide

Market Analysis by Application:

  • Perfumes
  • Colognes
  • Soaps
  • Toiletries
  • Air freshners
  • Body-wash
  • Laundry Detergents
  • Fabric softeners
  • Lotions
  • Hair products

Market analysis by Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Middle East & Africa
  • East Asia
  • South Asia & Pacific

Country Coverage
North America: U.S., Canada
Latin America: Brazil, Mexico, Argentina, Central America, Rest of Latin America
Western Europe: Germany, Italy, France, UK, Spain, Poland, Romania, Rest of Western Europe
Eastern Europe: Russia & Belarus, Balkan Countries, Baltic Countries, Central Asia, Rest of Eastern Europe
Middle East & Africa: KSA, UAE, Turkey, Israel, Northern Africa, South Africa, Rest of Middle East & Africa
East Asia: China, Japan, South Korea
South Asia & Pacific: India, ASEAN, Australia & New Zealand, Rest of South Asia & Pacific

Key Companies Profiled

  • PFW Aroma Chemicals
  • The Good Scents Company
  • Givaudan
  • Firmenich SA
  • Guangzhou Flower Flavours & Fragrances Co.,Ltd.
  • Baruti
  • A.M. Aromatics Private Limited
  • S. C. Johnson & Son, Inc.
  • Düllberg Konzentra
  • European Flavours & Fragrances PLC
  • The Brooklyn Perfume Company

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1. Executive Summary
1.1. Global Market Snapshot
1.2. Key Success Factors
1.3. Strategic Analysis and Recommendations
2. Market Overview
2.1. Market Taxonomy
2.2. Market Definitions
3. Research Methodology
3.1. Preliminary Investigation & Research Design
3.2. Secondary Research & Primary Research
3.3. Data Analysis & Econometric Modelling
3.4. Expert Data Validation
4. Key Emerging Trends Analysis
4.1. Supply-Side Trends
4.2. Demand-Side Trends
5. Global Synthetic Musk MarketValue (US$ Mn) and Volume (Tons) Analysis
5.1. Global Market Value (US$ Mn) Analysis, 2017 – 2032
5.2. Incremental $ Opportunity Index, 2022-2032
5.3. Global Market Volume (Tons) Analysis, 2017 – 2032
6. Global Synthetic Musk MarketPricing Analysis
6.1. Regional Level Pricing Analysis and Forecast
6.1.1. Manufacturers Level Pricing
6.1.2. Distributor Level Pricing
6.2. Global Pricing Analysis Benchmark
6.3. Cost Breakdown Analysis
7. Cross-Sectional Analysis
7.1. Cross Analysis of Product type W.R.T. Application
8. Supply Vs. Demand Analysis
8.1. Regional Supply Vs. Demand Gap Assessment
8.2. Top Producing Countries Analysis
9. Market Background
9.1. Macroeconomic Factors
9.2. Forecast Factors
9.3. Market Dynamics
9.3.1. Driver
9.3.2. Restraint
9.3.3. Opportunity
9.4. Supply Chain Analysis
9.4.1. List Raw Material Suppliers
9.4.2. List of Manufacturers
9.4.3. List of Distributors
9.4.4. List of End-Users
9.4.5. End-Users Consumption Analysis
9.4.6. Average Profitability Margin Analysis
9.5. Covid-19 Impact Assessment
9.5.1. Economy/Cluster Projections
9.5.2. Covid-19 Economic Assessment
9.5.3. Impact on Target Market
9.5.4. Recovery Scenario
9.6. Regulatory Framework
9.6.1. Regulations of Key Countries
9.6.2. Potential Impact of Regulations
9.7. Porter’s Five Forces Analysis
9.8. Technology Landscape
10. Global Synthetic Musk Market2017 – 2032 By Product type
10.1. Introduction
10.2. Key Market Trends
10.3. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Product type [Value (US$ Mn) and Volume (Tons) Analysis]
10.3.1. Nitro musk
10.3.2. Ketone synthetic musk
10.3.3. Xylene synthetic musk
10.3.4. Polycyclic musk
10.3.5. Galaxolide
10.3.6. Tonalide
10.3.7. Celestolide
10.3.8. Phantolide
10.3.9. Traesolide
10.4. Market Attractiveness Analysis by Product type
11. Global Synthetic Musk Market2017 – 2032 by Application
11.1. Introduction
11.2. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Application [Value (US$ Mn) and Volume (Tons) Analysis]
11.2.1. Perfumes
11.2.2. Colognes
11.2.3. Soaps
11.2.4. Toiletries
11.2.5. Air freshners
11.2.6. Body-wash
11.2.7. Laundry Detergents
11.2.8. Fabric softeners
11.2.9. Lotions
11.2.10. Hair products
11.3. Market Attractiveness Analysis by Application
12. Global Synthetic Musk MarketHistorical Analysis 2017 – 2021 and Forecast 2017 – 2032 by Region
12.1. Introduction
12.2. Key Market Trends
12.3. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Region [Value (US$ Mn) and Volume (Tons) Analysis]
12.3.1. North America
12.3.2. Latin America
12.3.3. Europe
12.3.4. Asia-Pacific
12.3.5. Middle East
12.3.6. Africa
12.4. Market Attractiveness Analysis by Region
13. North America Synthetic Musk MarketHistorical Analysis 2017 – 2021 and Forecast 2022-2033
13.1. Introduction
13.2. Key Market Trends
13.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
13.3.1. By Country U.S. Canada
13.3.2. By Product type
13.3.3. By Application
13.4. Market Attractiveness Analysis
13.4.1. By Country
13.4.2. By Product type
13.4.3. By Application
14. Latin America Synthetic Musk MarketHistorical Analysis 2017 – 2021 and Forecast 2017 – 2032
14.1. Introduction
14.2. Key Market Trends
14.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
14.3.1. By Country Brazil Mexico Rest of Latin America
14.3.2. By Product type
14.3.3. By Application
14.4. Market Attractiveness Analysis
14.4.1. By Country
14.4.2. By Product type
14.4.3. By Application
15. Europe Synthetic Musk MarketHistorical Analysis 2017 – 2021 and Forecast 2017 – 2032
15.1. Introduction
15.2. Key Market Trends
15.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
15.3.1. By Country Germany Italy France UK Spain Netherlands Norway Russia Rest of Europe
15.3.2. By Product type
15.3.3. By Application
15.4. Market Attractiveness Analysis
15.4.1. By Country
15.4.2. By Product type
15.4.3. By Application
16. Asia-Pacific Synthetic Musk MarketHistorical Analysis 2017 – 2021 and Forecast 2017 – 2032
16.1. Introduction
16.2. Key Market Trends
16.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
16.3.1. By Country China Japan South Korea India Indonesia Thailand Vietnam Australia & New Zealand Rest of Asia-Pacific
16.3.2. By Product type
16.3.3. By Application
16.4. Market Attractiveness Analysis
16.4.1. By Country
16.4.2. By Product type
16.4.3. By Application
17. Middle East Synthetic Musk MarketHistorical Analysis 2017 – 2021 and Forecast 2017 – 2032
17.1. Introduction
17.2. Key Market Trends
17.3. Pricing Analysis
17.4. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
17.4.1. By Country Saudi Arabia Turkey U.A.E. Rest of the Middle East
17.4.2. By Product type
17.4.3. By Application
17.5. Market Attractiveness Analysis
17.5.1. By Country
17.5.2. By Product type
17.5.3. By Application
18. Africa Synthetic Musk MarketHistorical Analysis 2017 – 2021 and Forecast 2017 – 2032
18.1. Introduction
18.2. Key Market Trends
18.3. Pricing Analysis
18.4. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
18.4.1. By Country South Africa Nigeria Egypt Rest of Africa
18.4.2. By Product type
18.4.3. By Application
18.5. Market Attractiveness Analysis
18.5.1. By Country
18.5.2. By Product type
18.5.3. By Application
19. Competition Analysis
19.1. Tier Structure Breakdown
19.2. Market Share Analysis
19.3. Product type Capacity Analysis
19.4. Company Footprint Analysis
19.4.1. Product Footprint of Players
19.4.2. Regional Footprint of Players
19.4.3. Channel Footprint of Players
19.5. Brand Preference Analysis
19.6. Competition Dashboard
20. Company Profiles
20.1. PFW Aroma Chemicals.
20.1.1. Company Overview
20.1.2. Product & Financial Portfolio
20.1.3. Manufacturing Facilities
20.1.4. Recent Developments
20.1.5. SWOT Analysis
20.1.6. Strategy Overview
20.2. The Good Scents Company
20.3. Givaudan
20.4. Firmenich SA
20.5. Guangzhou Flower Flavours & Fragrances Co.,Ltd.
20.6. Baruti
20.7. A.M. Aromatics Private Limited
20.8. S. C. Johnson & Son, Inc.
20.9. Düllberg Konzentra
20.10. European Flavours & Fragrances PLC
20.11. The Brooklyn Perfume Company
21. Assumptions and Acronyms

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