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Hexyl Acetate Market .pdf


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Outlook of Hexyl Acetate Market status and
development trends reviewed in new report: Global
Market Insights Inc.
A new report covers Hexyl Acetate Market outlook providing historical facts, current status and
future development trends information along with data on leading players and regions.
Global Hexyl Acetate Market size is likely to see potential gains owing to its immense use in
major industries such as cosmetic, food and beverage. It is a sweet smelling, colorless and
an organic ester compound commonly found in several fruits including apples and plums.
Due to urbanization, there is a rapid change in lifestyles of people living in the developing
economies. People are becoming aware about different tastes and are willing to try new food
and beverages. Increasing product usage in different food and beverage products is the major
driver for the hexyl acetate market. The product is a natural flavoring agent found in fruits such
as apples and plums. Food production companies add natural and artificial additives to their
products to make them more tasty and exotic. Demand for natural and organic additives is on
a rise. This gives the hexyl acetate market an upper hand in the coming years as people are
getting health conscious and inclined towards natural additives.

Based on the process of product synthesis, hexyl acetate market can be classified into
catalyzed reactive distillation synthesis and lipase catalyzed ester synthesis. Catalyzed
reactive distillation synthesis is time consuming and uneconomical as it involves separation
and performing reactions in the same vessel. The lipase catalyzed ester synthesis holds sway
over the former and is commonly used by manufacturers in the production of hexyl acetate.
Also, this segment is projected to have an upper hand in the production process in the near
future.
Considering the end-user industry, hexyl acetate market can be bifurcated into different
segments such as food & beverages, cosmetics, and pharmaceuticals. In 2016, the food &
beverage segment held a notable chunk of the overall hexyl acetate market share. Owing to
the demand, supply and market characteristics, this trend is anticipated to continue further in
the forecast period. The product is also used in ready-to-eat foods for the purpose of flavor
and essence. In the beverage industry, it has an extensive usage in the baking of beverages
such as wine, beer and other liquors. Further, increasing demand for alcoholic beverages
worldwide is the major factor enhancing the food & beverages segment. The rapid changing
lifestyle of people, growing millennial population, busy work schedules and increasing number
of working women tends them to consume these ready-to-eat foods, thus driving the demand
for hexyl acetate market worldwide.
Apart from the food and beverage application, it also finds its use in the cosmetic and
pharmaceutical industries. There is a rise in demand for perfumes and scents as, it reflects
ones’ personality, individuality and style. The product finds its use in scents and perfumes as
a natural essence and natural fruity aroma. Using natural additives in fragrances over synthetic
ones is very beneficial as they do not cause any rash, skin sensitivity and allergies. In 2016,
the global perfume industry was valued at over USD 35 billion. Increase in the demand for
natural additives is also expected to boost the hexyl acetate market.
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Due to high demand in alcoholic beverages and processed food, North America holds sway
the hexyl acetate market, followed by Asia Pacific. The hexyl acetate market in Asia Pacific
will expand rapidly owing to the fast-developing economies like India and China owing to
changing lifestyles and vast youth population. Also, the hexyl acetate market is likely to expand
in the Middle East & Africa at a decent pace owing to expansions and development in the
economies.
Prominent players operating in the hexyl acetate market include Lluch Essence S.L., Frutarom
Ltd, Elan Inc., Bontoux S.A, Beijing Lys Chemicals Co, Ltd., Augustus Oils Ltd, Apiscent Labs
LLC, Alfrebro LLC, Advanced Biotech Inc., RX Marine International, Nimble Technologies Pvt.
Ltd., Zhejiang NetSun Co., Ltd., Novaphene, Merck KGaA, Ungerer & Company and Elan
Chemical Company Inc. to name a few.
About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market
research and consulting service provider; offering syndicated and custom research
reports along with growth consulting services. Our business intelligence and industry
research reports offer clients with penetrative insights and actionable market data
specially designed and presented to aid strategic decision making. These exhaustive
reports are designed via a proprietary research methodology and are available for key
industries such as chemicals, advanced materials, technology, renewable energy and
biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free 1-888-689-0688
Email: sales@gminsights.com
Website: https://www.gminsights.com

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