Nonyl Acetate Market Size, Share, Opportunities, And Trends By Application (Fragrance, Food And Beverages, Others), By Purity Grade (Technical Grade (>=95%), Food Grade (>=97%), Cosmetic Grade (99%)), By End-user (Individuals, Corporates), And By Geography - Forecasts From 2023 To 2028

  • Published : Jan 2024
  • Report Code : KSI061616397
  • Pages : 146

The Nonyl Acetate market is projected to show steady growth during the forecast period.

Nonyl acetate is a colorless liquid. It possesses a lower density than water and exhibits insolubility in water. The liquid's appearance is transparent and colorless, while its odour profile encompasses fruity, floral, and waxy notes reminiscent of grapes, pears, and apples. Nonyl acetate is found both in natural sources, such as plants and fruits, and is synthetically produced. Its versatile applications span across industries, finding utility in fragrances, flavours, solvents, and lubricants. Specifically, it serves as an emollient, flavouring agent, fragrance component, perfuming agent, and softener and conditioner. The Nonyl acetate market is segmented based on purity levels, offering Technical Grade (≥95%), Food Grade (≥97%), and Cosmetic Grade (99%) variants. This diversification caters to specific industry requirements, ensuring the compound's applicability in various contexts.

Notably, Nonyl acetate is generally recognized as safe when utilized in food and cosmetic formulations, emphasizing its safety profile for consumers. Its wide range of applications is combined with diverse purity options.

Market Drivers

  • Rise in personal care and fragrance products-

Globally, the increasing demand for Nonyl Acetate in personal care is notable. This is mainly attributed to its delightful and natural aroma reminiscent of grapes, pears, and apples. This characteristic makes it an ingredient in the formulation of perfumes, colognes, and various personal care products. Renowned high-end fragrance brands, by industry leaders like S.C. Johnson & Son Inc., often leverage natural components such as nonyl acetate to craft exclusive and premium scents. This further intensifies its importance in the personal care market.

The European cosmetics and personal care industry, valued at €88 billion in retail sales in 2022, showcases a robust market with the largest share devoted to skincare and toiletries, followed by hair-care products, fragrances/perfumes, and decorative cosmetics. This industry's growth underscores the significance of nonyl acetate, particularly in fragrances.

The connection of nonyl acetate with luxury and high-end brands propels its demand within the personal care market. With ongoing advancements in processing and extraction techniques, the unique aroma profiles and functionalities of nonyl acetate are for further exploration and innovation.

  • Effect of clean label movement-

Driven by the clean label movement, consumers are showing a rising preference for products characterized by cleanliness, wholesomeness, and plant-based attributes. As indicated by the Organic Trade Association in 2021, there has been a noteworthy shift in consumer behaviour, with the share of organic food purchased online increasing from 2 percent in 2012 to 6 percent in 2020. This surge in online organic food sales reflects the growing inclination towards cleaner and healthier options among consumers. In collaboration, the demand for Nonyl Acetate, recognized as a natural flavouring substance, is also experiencing growth. Nonyl Acetate aligns with the broader trend of consumers seeking natural and plant-based ingredients in their products.

Market Restraints

  • Price Volatility-

The pricing of nonyl acetate is closely tied to the availability of fruits, presenting a significant challenge for manufacturers. The susceptibility of grape and pear harvests to fluctuations, influenced by diverse factors like weather conditions, pests, and diseases, directly impacts the nonyl acetate supply chain. Moreover, global events such as trade wars, economic shifts, or political instability further pricing volatility.

To navigate these challenges, manufacturers can employ strategic measures, including the establishment of long-term contracts, diversification of raw materials, and a heightened focus on sustainability. By embracing these approaches, manufacturers can mitigate the impact on the nonyl acetate supply chain.

The Nonyl Acetate market is segmented into Individuals and Corporate by end-user type-

The segmentation of the Nonyl Acetate market based on end-user types, is into Individuals and Corporates. For Individuals, products including personal care and cosmetics, household products, and other small-scale users. On the corporate users, Nonyl Acetate finds extensive applications in the food and beverage industry, as well as in the Pharmaceutical and Nutraceutical domains. Additionally, it plays a crucial role in various Industrial applications, ranging from textile finishing to leather treatment.

North America is anticipated to hold a significant share of the Nonyl Acetate market.

The North American region will hold a notable share in the Nonyl Acetate market, with key players significantly influencing market dynamics. Among the prominent entities in the North American Nonyl Acetate sector are leading manufacturers, distributors, and brands that play pivotal roles in shaping market trends. Key players such as TCI America, Chem-Impex International Inc., Vigon International LLC., and Santa Cruz Biotechnology Inc., along with several other established companies, collectively define the market landscape in North America. Given the presence of numerous influential entities, North America emerges as a central and influential player in the Nonyl Acetate market. This contributes significantly to its overall growth and development.

Market Developments

  • February 2023- Celanese, a prominent global speciality materials and chemical company, expanded its portfolio of sustainable products across the Acetyl Chain. The company announced the availability of enhanced, more sustainable versions of various Acetyl Chain materials, integrating mass balance bio-content. These eco-friendly alternatives were designated as ECO-B, aligning with the innovative bio-based offerings previously introduced for the customers.

Company Products

  • Nonyl Acetate by  Merck KGaA- The company provides Nonyl acetate in various pack sizes, including 1kg and 4kg, with the source being synthetic. Notably, it has standards such as FCC and FDA compliance. The organoleptic characteristics of this compound are distinctly green, fruity, waxy, and sweet. The product holds significance as a key volatile flavor compound found in citrus fruits, particularly oranges and lemons. The availability of Nonyl acetate in different packaging sizes allows for flexibility in meeting diverse industry needs.
  • Nonyl Acetate by Larodan AB -  The company provides Nonyl acetate with a purity exceeding 99%, ensuring a high-quality product. This chemical compound is offered in a liquid state and is supplied in a neat form, emphasizing its pure and undiluted nature. For optimal preservation of its properties, Nonyl acetate is recommended to be stored in a freezer. To accommodate diverse industry needs, the product is available in different packaging sizes. This offers flexibility and convenience for various applications.
  • Nonyl Acetate by Chem-Impex International, Inc. - The company offers Nonyl Acetate with a purity limit exceeding or equal to 99%, as determined by gas-liquid chromatography (GLC). This chemical compound is available in various grades, including FG (Food Grade), Kosher, and FEMA 2788. Nonyl Acetate exhibits an appearance that ranges from colorless to a pale yellow liquid. Its density is recorded at 0.864 g/mL at 25 °C. To meet diverse industry needs, Nonyl Acetate is offered in different packaging sizes, providing flexibility for various applications. The storage can be at room temperature (RT).

Nonyl Acetate Market Scope:

 

Report Metric Details
Growth Rate CAGR during the forecast period
Base Year 2021
Forecast Period 2023 – 2028
Forecast Unit (Value) USD Billion
Segments Covered
  • Application
  • Purity grade
  • End-user
  • Geography
Companies Covered
  • Chem-Impex International Inc.
  • TCI America
  • Vigon International LLC.
  • Santa Cruz Biotechnology Inc.
  • EMBL-EBI
  • And more
Regions Covered North America, South America, Europe, Middle East and Africa, Asia Pacific
Customization Scope Free report customization with purchase

 

Market Segmentation

  • By Application
    • Fragrance
    • Food and beverages
    • Others
  • By Purity grade
    • Technical grad(>=95%)
    • Food grade (>=97%)
    • Cosmetic grade (99%)
  • By End-user
    • Individuals
    • Corporates
  • By Geography
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • United Kingdom
      • Germany
      • France
      • Spain
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Israel
      • Others
    • Asia Pacific
      • Japan
      • China
      • India
      • South Korea
      • Indonesia
      • Thailand
      • Others

1.  INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY  

2.1. Research Data

2.2. Research Process

3. EXECUTIVE SUMMARY

3.1. Research Highlights

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Force Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. NONYL ACETATE MARKET BY APPLICATION

5.1. Introduction

5.2. Fragrance

5.3. Food and Beverages

5.4. Others

6. NONYL ACETATE MARKET BY PURITY GRADE

6.1. Introduction

6.2. Technical Grad(>=95%)

6.3. Food Grade (>=97%)

6.4. Cosmetic Grade (99%)

7. NONYL ACETATE MARKET BY END-USER

7.1. Introduction

7.2. Individuals

7.3. Corporates

8. NONYL ACETATE MARKET BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. United States

8.2.2. Canada

8.2.3. Mexico

8.3. South America

8.3.1. Brazil

8.3.2. Argentina

8.3.3. Others

8.4. Europe

8.4.1. United Kingdom

8.4.2. Germany

8.4.3. France

8.4.4. Spain

8.4.5. Others

8.5. The Middle East and Africa

8.5.1. Saudi Arabia

8.5.2. UAE

8.5.3. Israel

8.5.4. Others

8.6. Asia Pacific

8.6.1. Japan

8.6.2. China

8.6.3. India

8.6.4. South Korea

8.6.5. Indonesia

8.6.6. Thailand

8.6.7. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

10. COMPANY PROFILES

10.1. Chem-Impex International Inc.

10.2. TCI America

10.3. Vigon International LLC.

10.4. Santa Cruz Biotechnology Inc.

10.5. EMBL-EBI

10.6. BLDpharm

10.7. Creating Perfumes LLC

10.8. Alfa Chemistry

10.9. Larodan AB

10.10. Merck KGaA, Darmstadt


Chem-Impex International Inc.

TCI America

Vigon International LLC.

Santa Cruz Biotechnology Inc.

EMBL-EBI

BLDpharm

Creating Perfumes LLC

Alfa Chemistry

Larodan AB

Merck KGaA, Darmstadt