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Global Anisole Market Size, Share, Trends, Growth, Report: By Purity: Up To 99.5%, Above 99.5%; By Application: Perfumes, Dyes, Pharmaceuticals, Pesticides, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; 2024-2032
Global Anisole Market Outlook
The global anisole market stood at a value of around USD 103.98 million in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 5.10% to reach about USD 163.06 million by 2032.
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Increasing Demand for Anisole with Purity Levels of Above 99.5% to Aid the Anisole Industry
The utilisation of anisole with purity above 99.5% in manufacturing perfumes and deodorants is driving the growth of the market. As high-purity compound leads the development of high-quality end use products, the demand for anisole with purity above 99.5% is significantly surging. In addition, the adoption of modern manufacturing techniques as well as the increasing end-use industries of anisole is projected to augment the growth of the overall anisole industry in the coming years.
Europe Accounts for a Significant Share in the Market for Anisole
The anisole industry in Europe is being driven by the introduction of various favourable government initiatives to promote the use of anisole. The increasing accessibility to information regarding the excellent properties of anisole is fuelling the market growth. With the thriving chemical industry in countries such as France, Spain, the United Kingdom, and Italy, among others, the demand for anisole is significantly surging. Furthermore, the growing expansion of major luxury brands in the region such as Armani, Gucci, and others is anticipated to enhance the demand for anisole and provide lucrative opportunities to the market in the forecast period.
Anisole Market Segmentation
Anisole, variously known as methoxybenzene, is a pleasant-smelling colourless compound that is used as a solvent in perfumes and flavouring. The compound can be procured in two ways- by heating phenol with methyl alcohol or by distilling anisic acid. It is typically deployed as solvent for chemical reactions in the chemical and pharmaceutical industries.
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Based on purity, the market can be segmented into:
- Up To 99.5%
- Above 99.5%
The major applications of anisole include:
- Perfumes
- Dyes
- Pharmaceuticals
- Pesticides
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Rising Application of Anisole in Perfumes and Deodorants Manufacturing to Boost the Market Growth
The rising applications of anisole in perfumes and deodorants are driving the market growth. With the growing disposable incomes, rising standards of living, growing inclination of millennials towards luxury brands and products, and aggressive promotion and branding strategies adopted by the major personal care companies, the consumption of perfumes and deodorants is considerably increasing. This, in turn, is bolstering the market for anisole. Moreover, the increasing demand for anisole to enhance the flavour of food in the food and beverage industry is estimated to propel the market growth in the forecast period. Additionally, the thriving pharmaceutical industry across emerging economies owing to the global increase in chronic diseases is anticipated to provide further impetus to the anisole industry in upcoming years.
Key Industry Players in the Global Anisole Market
The report gives a detailed analysis of the following key players in the global anisole market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Solvay SA
- Westman Chemicals Pvt. Ltd.
- Benzo Chem Industries Pvt. Ltd.
- Huaian Depon Chemical Co., Ltd.
- Clean Science and Technology Private Limited.
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Purity |
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| Breakup by Application |
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| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Anisole Market Analysis
8.1 Key Industry Highlights
8.2 Global Anisole Historical Market (2018-2023)
8.3 Global Anisole Market Forecast (2024-2032)
8.4 Global Anisole Market by Purity
8.4.1 Up To 99.5%
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Above 99.5%
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Anisole Market by Application
8.5.1 Perfumes
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Dyes
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Pharmaceuticals
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Pesticides
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Others
8.6 Global Anisole Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Anisole Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Anisole Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Anisole Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Anisole Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Anisole Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
16.1 North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
16.2 Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
16.3 Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
16.4 Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
16.5 Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Solvay SA
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Westman Chemicals Pvt. Ltd.
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Benzo Chem Industries Pvt. Ltd.
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Huaian Depon Chemical Co., Ltd.
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Clean Science and Technology Private Limited.
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Others
18 Key Trends and Developments in the Market
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Key Figures and Tables
1. Global Anisole Market: Key Industry Highlights, 2018 and 2032
2. Global Anisole Historical Market: Breakup by Purity (USD Million), 2018-2023
3. Global Anisole Market Forecast: Breakup by Purity (USD Million), 2024-2032
4. Global Anisole Historical Market: Breakup by Application (USD Million), 2018-2023
5. Global Anisole Market Forecast: Breakup by Application (USD Million), 2024-2032
6. Global Anisole Historical Market: Breakup by Region (USD Million), 2018-2023
7. Global Anisole Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America Anisole Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Anisole Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe Anisole Historical Market: Breakup by Country (USD Million), 2018-2023
11. Europe Anisole Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Anisole Historical Market: Breakup by Country (USD Million), 2018-2023
13. Asia Pacific Anisole Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America Anisole Historical Market: Breakup by Country (USD Million), 2018-2023
15. Latin America Anisole Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa Anisole Historical Market: Breakup by Country (USD Million), 2018-2023
17. Middle East and Africa Anisole Market Forecast: Breakup by Country (USD Million), 2024-2032
18. North America Historical Price Trends and Forecast (2018-2028)
19. Europe Historical Price Trends and Forecast (2018-2028)
20. Asia Pacific Historical Price Trends and Forecast (2018-2028)
21. Latin America Historical Price Trends and Forecast (2018-2028)
22. Middle East and Africa Historical Price Trends and Forecast (2018-2028)
23. Global Anisole Market Structure
Key Questions Answered in the Report
In 2023, the global anisole market attained a value of nearly USD 103.98 million.
The market is estimated to grow at a CAGR of 5.10% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 163.06 million by 2032.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major drivers of the market include the rising application of anisole in the personal care and cosmetics industry.
The robust growth of the e-commerce industry and the rising availability of perfumes and deodorants of diversified brands are expected to be key trends guiding the growth of the industry.
Up to 99.5% and above 99.5% are the different purity segments of anisole included in the market report.
Perfumes, dyes, pharmaceuticals, and pesticides, among others, are the various applications of anisole.
The major players in the industry are Solvay SA, Westman Chemicals Pvt. Ltd., Benzo Chem Industries Pvt. Ltd., Huaian Depon Chemical Co., Ltd., and Clean Science and Technology Private Limited., among others.
Analyst Review
The global anisole market attained a value of about USD 103.98 million in 2023, driven by the rising application of anisole in the pharmaceutical industry. Aided by the thriving e-commerce industry, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 5.10%. The market is projected to reach nearly USD 163.06 million by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on purity, the anisole industry is bifurcated into up to 99.5% and above 99.5%. On the basis of application, the market is divided into perfumes, dyes, pharmaceuticals, and pesticides, among others. The major regional markets for anisole are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Solvay SA, Westman Chemicals Pvt. Ltd., Benzo Chem Industries Pvt. Ltd., Huaian Depon Chemical Co., Ltd., and Clean Science and Technology Private Limited., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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