Citral (C10H16O), also called 3,7-dimethyl-2,6-octadienal, a pale yellow liquid, with a strong lemon odour, that occurs in the essential oils of plants. It is insoluble in water but soluble in ethanol (ethyl alcohol), diethyl ether, and mineral oil. It is used in perfumes and flavourings and in the manufacture of other chemicals. Chemically, citral is a mixture of two aldehydes that have the same molecular formula but different structures.
In consumption market, the global sales value decreases with the 1.78% average growth rate. Europe and China are the mainly consumption regions due to the bigger demand of downstream applications. In next two or three years, the production of citral would increase rapidly, which results from BASF putting into production in Malaysia and Zhejiang NHU new project of citral. So the international competition would be much keener. And then the price and gross would decrease. We predicted that the citral industry would present excess capacity status, while the demand exceeds supply recently.
Citral is mainly used in lemon essence, vitamin A, ionone, menthol and others. Report data showed that 5.93% of the citral market demand in lemon essence, 43.86% in vitamin A, 9.80% in ionone, and 31.84% in menthol in 2015. With the development of economy, these industries will need more citral. So, citral has a huge market potential in the future. Manufacturers engaged in the industry are trying to produce high quality citral through improving manufacturing process.
We tend to believe this industry is a rising industry, and the consumption increasing degree will show a smooth growth curve. And the price presents fluctuation according to the economy development status. Also, there will be fluctuation in gross margin.
According to this study, over the next five years the Citral market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Citral business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Citral market by product type, application, key manufacturers and key regions and countries.
This study considers the Citral value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Natural Citral
Synthetic Citral
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Lemon Essence
Vitamin A
Ionone
Menthol
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
BASF
Kuraray
Zhejiang NHU
Kalpsutra Chemicals
Jiangxi Xuesong
Guangzhou Ri Huace
Jiangxi Global Natural Spices
Rajkeerth
Industrial and Fine Chemicals
Xinhua Nuowei
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Citral consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Citral market by identifying its various subsegments.
Focuses on the key global Citral manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Citral with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Citral submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Citral . Industry analysis & Market Report on Citral is a syndicated market report, published as Global Citral Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Citral market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.