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 Published Date : Feb-23 ID: CVC-91995 Format: PDF 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

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

Analyst Credentials

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

1.1. Global Market Snapshot

1.2. Key Success Factors

1.3. Strategic Analysis and Recommendations

2.1. Market Taxonomy

2.2. Market Definitions

3.1. Preliminary Investigation & Research Design

3.2. Secondary Research & Primary Research

3.3. Data Analysis & Econometric Modelling

3.4. Expert Data Validation

4.1. Supply-Side Trends

4.2. Demand-Side Trends

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

6.1. 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

7.1. Cross Analysis of Product type W.R.T. Application

8.1. Regional Supply Vs. Demand Gap Assessment

8.2. Top Producing Countries Analysis

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

10.1. 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

11.1. 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

12.1. 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

13.1. 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

14.1. 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

15.1. 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

16.1. 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

17.1. 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

18.1. 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

19.1. 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

20.1. 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