The report is a fine example of comprehensive and accurate research study on the global Musk market. It digs deep into critical aspects of the global Musk market, including market dynamics, competition, regional advancement, and segmentation. It provides verified market figures such as CAGR, market share, revenue, volume, production, consumption, gross margin, and price. The global Musk market is segmented by type, application, and geography. The report is compiled with the use of latest primary and secondary research methodologies and tools. Buyers can ask for customization of the report as per their needs. You can also purchase specific sections of the report if your requirement is not for the complete research study.
The global Musk market is valued at 160 million US$ in 2018 is expected to reach 170 million US$ by the end of 2025, growing at a CAGR of 0.8% during 2019-2025.
Musk is a substance with a penetrating persistent odor obtained from a sac beneath the abdominal skin of the male musk deer and used as a perfume fixative.
Musk is a class of aromatic substances commonly used as base notes in perfumery. They include glandular secretions from animals such as the musk deer, numerous plants emitting similar fragrances, and artificial substances with similar odors. Musk was a name originally given to a substance with a penetrating odor obtained from a gland of the male musk deer. The substance has been used as a popular perfume fixative since ancient times and is one of the more expensive animal products in the world.
In 2015, the global synthetic musk market was led by China. Europe was the second-largest region-wise market. At present, the major manufacturers of synthetic musk are concentrated in China and Europe. Yingyang is the world leader, holding 34.46% production market share in 2015. Firmenich and Symrise are also synthetic musk market leader in Europe.
Musk downstream is wide and recently Musk has acquired increasing significance in various fields of household chemicals, pharmacology and others. Globally, the musk market is mainly driven by growing demand for household chemicals.
According to our research and analysis, synthetic musk manufacturers from China and EU are the major leaders in the international market of musk. Manufacturers from China are immature in technology. There is large space in the global market, as well as big gap between international brands and china brands on price. In the future, green synthetic musk will be the mainstream market. Currently, the European manufacturers are trying to improve their technology. In sum, artificial musk and synthetic musk production is still too small for the whole market.
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This report focuses on Musk volume and value at global level, regional level and company level. From a global perspective, this report represents overall Musk market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
The report sheds light on key trends of the competitive landscape and explores go-to-market strategies adopted by leading companies operating in the global Musk market. The authors of the report have examined the competitiveness of some of the prominent names of the Musk industry. As part of their extensive research, the authors have analyzed almost all business tactics of market leaders, which include contracts, affiliations, mergers and acquisitions, increasing market presence, and geographical expansion. Readers can become aware of the specifications of products and services offered by top players of the global Musk market. In addition, they will be able to study about their competitors and global market presence.
The following manufacturers are covered:
- Great Nation
- Achiever Biochem
Segmentation by Type:
- Natural Musk
- Artificial Musk
- Synthetic Musk
Segmentation by Application:
- Household Chemicals
What to expect?
- Market size estimates with bottom-up and top-down approaches
- Research assumptions
- Data triangulation methodology
- Holistic overview of the market
- Special insights and recommendations from QYR
- Industry gross margin
- Microeconomic and macroeconomic indicators
- Market determinants
- Regulation and policy changes
- Analysis of product cost structure
- PESTLE analysis
- Product comparison
- Technology comparison
- Key developments and trends
- Drivers, restraints, and opportunities
- Strategic advice
- Snapshot of the vendor landscape
- Market size forecast
- Forecast factors and assumptions
Our high-value analysis of the global Musk market is a result of an intelligent blend of primary and secondary research. The analysts consulted and gathered information from subject matter experts, key opinion leaders such as purchase managers, VPs, CSOs, and CEOs, distributors and suppliers, and research and development participants. In order to validate data derived from secondary research, they conducted primary interviews. For further validation of current and future market growth trends and penetration and several other studies, they contacted major distributors and manufacturers and industry experts.
Market participants were approached through face-to-face discussions, video conferences, emails, and telephonic conversations. For secondary research, we used paid data sources such as Hoovers, OneSource, Bloomberg, Factiva, and Reuters.
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Highlights of TOC:
Overview: The report starts with an overview and scope of the global Musk market and products offered therein. This section also includes a glimpse of market segmentation and market size forecast.
Competition: It includes production share, revenue share, and average price analysis of key players profiled in the report. Besides these factors, it brings to light competitive situations and trends including expansion, merger and acquisition, market shares of top three and five players, and market concentration rate.
Regional Analysis: Each region studied here is assessed on the basis of gross margin, production growth rate, price, production, revenue, and other factors that define its market position.
Production, Revenue, and Price Trend by Type
Market Analysis by Application
Market Dynamics: Here, the authors have focused on market trends, opportunities, drivers, challenges, and influence factors.
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