Global Hexyl Cinnamal Market Forecast, Trend Analysis & Competition Tracking Review 2021 to 2031

Status : Ongoing | Report Code : FACT5713MR

Global Hexyl Cinnamal Market: Overview and Dynamics

Hexyl Cinnamal is a sweet-smelling chemical which is frequently appearing as a pale yellow liquid with a sweet jasmine odor. Hexyl cinnamal is a common chemical flavor used in the perfume and cosmetic industry as an odour substance. Other most used trade names of Hexyl Cinnamal are α-Hexyl cinnamaldehyde and 2-benzylideneoctanal.

In the past half-decade, rampant growth was observed in the perfumes industry. Multiple entrants of perfume industry have put their foot in the high potential market. Moreover, increased production of the perfumes was observed over the same period.

Hexyl Cinnamal is frequently used in the cosmetic industry as an aroma substance in bundle of products channeled across the globe. Key product lines derived from the hexyl cinnamal are hair care, skin care and other products. Key consumers procuring the hexyl cinnamal for manufacturing bundle of cosmetic and personal care products are Avon, Garnier, L'Oreal, Unilever, P&G, Coty & other medium and small scale cosmetic manufacturers.

Despite, hexyl cinnamal extensive usage across the cosmetic and perfumes industry, product has its own downside as it is one of the EU 26 fragrances. This means the chemical has allergen potential and should be avoided by the people with sensitive skin. Moreover, rising consumer consciousness towards utilization of the chemical integrated fragrances and cosmetics to hinder the market growth.

Also, unavoidable factors faced by the cosmetic manufacturers is that the extent of hexyl cinnamal penetration which is supporting the positive network externalities across the industry. Hexyl cinnamal being a successful aroma carrier has weak substitutes in the market. Therefore, long-run growth and strong integration of the product in the cosmetic industry to provide a boost to the hexyl cinnamal market.

Internal factors that tend to affect the economics of the hexyl cinnamal are its storage and transportation. Extensive preservation of the compound is necessitated by the manufacturers to enhance the overall usable life of the product. This is set to enhance the overall cost of the product. Furthermore, constricted focus of manufacturers to optimize the cost of preservation to hurt the long-run stance of the firm’s financial statement. All in all, Internal factors to have higher implications towards the pricing structure of the hexyl cinnamal cascading the effect to the hexyl cinnamal market.

The rising demand for natural ingredients in different cosmetic products is expected to drive the Hexyl Cinnamal market growth. New deodorants and perfumes are also drive the Hexyl Cinnamal market growth. Hexyl Cinnamal market is anticipated to intrusion gaining with a higher single-digit CAGR over the forecast period.

Haircare to Dominate the Demand Pie of the Hexyl Cinnamal Market

Hexyl Cinnamal is extensively used in manufacturing hair care products such as hair oil, cocoa butter, shampoo and hair sprays. Over the past-half decade, hexyl cinnamal has clearly gained market space by expanding its arm into the hair care market. Key hair care manufacturers consuming the hexyl cinnamal are

  • L’Oréal
  • Unilever
  • P&G
  • Garnier
  • Vaseline
  • Nivea
  • and others. Revenues of these firms over the same period has bolstered at a higher single digit CAGR paving way for the hexyl cinnamal market growth    

Global Hexyl Cinnamal Market: COVID-19 Impact Insights

Covid-19 expressively wedged on the global Hexyl Cinnamal market. COVID-19 pandemic has forced countries to impose lockdowns and strict social distancing measures across the globe. So, the growth from this 2020 year was low for Hexyl Cinnamal market as compared to the previous years. Because of Covid-19, cosmetic industry and chemical industry have observed a partial shut-down affecting the production balance of the hexyl cinnamal. In the Q2 and Q3, revenues firms channeling the hexyl cinnamal to chemical and cosmetic industry have observed a major drop down affecting their short-term strategies.

COVID-19 has caused economic hardship for consumers, businesses and governments across the world. Labor-intensive industries are still at risk as they won’t be able to meet their demand due to risk of workforce getting infected. The demand and supply equilibrium of Hexyl Cinnamal curves has seen a dip affecting the price structure of product.

Segmentation Analysis of Hexyl Cinnamal Market:

The global Hexyl Cinnamal divided into six segments: By types, by applications, by odour, found in, end-users, by region.

  • On the basis of types, Hexyl Cinnamal market has been segmented as follows:

    • Aroma Chemicals
    • Ingredients for Perfume
    • Liquids
    • Molecules
  • On the basis of applications, Hexyl Cinnamal market has been segmented as follows:

    • Skin Care Products
      • Body Gel
      • Masks
      • Oils
      • Others
    • Hair Care Products
      • Gel
      • Hair Oil
      • Shampoo
      • Spray
      • Others
    • Perfumes & Fragrances
    • Others
  • On the basis of odors, Hexyl Cinnamal market has been segmented as follows:

    • Sweet
    • Floral Jasmine
    • Green
    • Citrus Fruity
    • Powdery
    • Spicy
    • Others
  • On the basis of source, Hexyl Cinnamal market has been segmented as follows:

    • Rice
    • Chamomile
  • On the basis of Regions, Hexyl Cinnamal market has been segmented as follows:

    • North America (U.S., Canada)
    • Latin America (Mexico, Brazil, Argentina, Chile, Peru)
    • Europe (UK, Germany, Spain, France, BENELUX, Italy, Rest of Europe)
    • East Asia (China, Japan, South Korea)
    • South Asia & Oceania (India, ASEAN, Australia and New Zealand, Rest of South Asia & Oceania)
    • The Middle East and Africa (GCC Countries, South Africa, Northern Africa, Turkey, Rest of MEA)

Global Hexyl Cinnamal Market: Regional Outlook

Based on regional segmentation, hexyl cinnamal market could be fragmented into six different regions which includes North America, Europe, Latin America, East Asia, South Asia and Oceania and Middle East & Africa. Europe is the dominant player in global Hexyl Cinnamal market. Europe cooperatively accounts for 35% market shares. The growth of the cosmetic industry and perfumes in Europe is awaited to driven by many more factors. Germany is a major player in European Hexyl Cinnamal market.

Followed by Europe, Asia-Pacific is the second dominant player in global Hexyl Cinnamal market. The Asia-Pacific region is estimated to burgeon at the highest growth rate during the forecast period. Growing population in the developing countries in the Asia-Pacific region such as China, India and Indonesia are the prominent contributor for enhancing the growth of Hexyl Cinnamal market in Asia-Pacific region. The companies such as

  • Eternis Fine Chemical Ltd.
  • Katyani Exports
  • Haihang Industry Co., Ltd.
  • Vee Kay International
  • Tennants Fine Chemicals
  • Kunshan Odowell Co., Ltd are the major players in Asia-Pacific Hexyl Cinnamal Market.

North America is following Europe and Asia-Pacific for Hexyl Cinnamal market. Many US based companies are conquering the North American Hexyl Cinnamal Market. The Latin America, Middle East & Africa regions account minimal shares under Hexyl Cinnamal market.

Global Hexyl Cinnamal Market: Key Players

Being a moderately consolidated Hexyl Cinnamal market, players have a dominant presence across regions through efficient distribution networks.

  • Emerald Kalama Chemical
  • Eternis Fine Chemical Ltd.
  • Katyani Exports
  • Haihang Industry Co., Ltd.
  • Vee Kay International
  • Tennants Fine Chemicals
  • Kunshan Odowell Co., Ltd
  • and other key players are amongst the prominent players in Hexyl Cinnamal market accounting for over 60% of the market revenues. 

Though, regional groups including Europe and Asia-Pacific regions backing the local manufacturers are presenting challenges to global players offering their products at higher price points which in turn is significantly disturbing the overall hexyl cinnamal market revenues. 

The research report presents a comprehensive assessment of the Hexyl Cinnamal market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The Hexyl Cinnamal market report provides analysis and information, according to market segments such as geographies, product type, material type and end-use.

The Hexyl Cinnamal Report Covers Exhaustive Analysis On:

  • Hexyl Cinnamal Market Segments
  • Hexyl Cinnamal Market Dynamics
  • Hexyl Cinnamal Market Size & Demand
  • Current Trends/Issues/Challenges
  • Hexyl Cinnamal Market Competition & Companies involved
  • Technology
  • Value Chain

The Hexyl Cinnamal Regional Analysis Includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina, Chile, Peru)
  • Europe (UK, Germany, Spain, France, BENELUX, Italy, Rest of Europe)
  • East Asia (China, Japan, South Korea)
  • South Asia & Oceania (India, ASEAN, Australia and New Zealand, Rest of South Asia & Oceania)
  • The Middle East and Africa (GCC Countries, South Africa, Northern Africa, Turkey, Rest of MEA)

The Hexyl Cinnamal report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The Hexyl Cinnamal report provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors along with market attractiveness as per segments. The Hexyl Cinnamal report also maps the qualitative impact of various market factors on market segments and geographies.

The Hexyl Cinnamal Report Highlights:

  • A detailed overview of the parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape        
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.

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Global Hexyl Cinnamal Market Forecast, Trend Analysis & Competition Tracking Review 2021 to 2031