4-Tert-Butylcyclohexanone Market Analysis by Purity (Below 95% and Above 95%); and by Application (Perfumes & Fragrances, Biocides, Cleaning & Washing, and Others) – Global Supply & Demand Analysis & Opportunity Outlook 2023-2035
Buy Now Report ID: 4170 | Published Date: Feb 16, 2023
The global 4-tert-butylcyclohexanone market is estimated to garner a revenue of ~USD 5 Billion by the end of 2035 by growing at a CAGR of ~5% over the forecast period, i.e., 2023 – 2035. Further, the market generated a revenue of ~USD 2 Billion in the year 2022. The growth of the market can be attributed to the rising demand for 4-tert-butylcyclohexanone in the personal care industry. personal care industry comprises products associated with nails, oral, and skincare. For instance, around 15 million Americans were observed to be using facial lotions, creams, and gels.
Furthermore, the 4-tert-butylcyclohexanone is less polar than 4-tert-butylcyclohexanol and both are generally separated by the chromatography method. 4-tert-butylcyclohexanone is soluble in alcohol and ethanol but not in water with an experimental density of 0.893g/mL. It is an organic chemical associated with the C10H180 ketones family and is sold in the market under CAS number 98-53-3. 4-tert-butylcyclohexanone is nontoxic in nature and this is one of the major reasons for its utilization in the manufacturing of flavors, fragrances, and various cosmetics products. Edible flavors are generally added to junk food to make it more appealing to customers and a higher prevalence of junk food can be observed across the globe. For instance, the total size of the quick service restaurant industry was valued at USD 700 billion in 2021 globally. Hence, all these factors are expected to propel the market growth over the forecast period.
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Base Year |
2022 |
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Forecast Year |
2023-2035 |
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CAGR |
~5% |
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Base Year Market Size (2022) |
~ USD 2 Billion |
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Forecast Year Market Size (2035) |
~ USD 5 Billion |
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Regional Scope |
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Growth Drivers
Up-Surged Demand for the Product in the Cosmetic and Personal Care Industry to Hike the Market Growth - As of 2022, about 300 contract manufacturers of personal care products were active in the US. 4-tert-butylcyclohexanone is used in several cosmetic products since it has been observed that 4-tert-butylcyclohexanone has required properties to treat facial dermatitis, pruritus, redness, burning, dryness, and also tightens the skin. 4-tert-butylcyclohexanone is used in various skin care creams to provide a more calming effect on the skin. Hence, higher utilization of 4-tert-butylcyclohexanone owing to all these properties is projected to influence the market growth positively over the forecast period.
Rising Demand for the Product in the Flavor and Fragrance (F&F) Industry - In the flavor and fragrance (F&F) industry, the fragrances division was estimated to generate revenue of approximately USD 10 billion in 2021 across the globe. Perfume composition has a certain amount of 4-tert-butylcyclohexanone mixed in them to keep the fragrance for a longer duration.
Spiking Inclination of the Global Population Toward Hygiene and Personal Grooming - It was observed that around 40% of males across the globe prioritized self-care and personal grooming. Since men across the globe are buying personal care products, it is estimated to accelerate the production and sales of hygiene products.
Growing Utilization of the Product in Making Cleaning and Washing Products - In 2019, the toilet cleaners’ segment was valued at around USD 7 billion globally.
Escalating Demand for Perfumes and Deodorants - The revenue generated by the deodorant segment per person in the year 2022 was estimated to be around USD 4 . 4-tert-butylcyclohexanone is heavily used in the production of perfumes and deodorants as a perfuming agent since it is soluble in ethanol and alcohol.
Challenges
The global 4-tert-butylcyclohexanone market is segmented and analyzed for demand and supply by application into perfumes & fragrances, biocides, cleaning & washing, and others. Out of these applications, the perfumes & fragrances segment is estimated to gain the largest market share over the projected time frame. The growth of the segment can be attributed to the higher demand for perfumes and deodorants across the globe. In the past few years, the surge in fitness activities and inclination toward personal hygiene has made a significant place in people’s lives across the globe which in turn, is set to boost the growth of the perfumes & fragrances segment over the forecast period. For instance, the revenue generated by the deodorants segment in the associated industry amounted to approximately USD 5 billion in 2022. A growing inclination of people toward personal care has been observed in recent decades that is projected to hike the growth of the segment over the forecast period.
Furthermore, the cleaning & washing segment on the market is also projected to obtain the second largest share during the forecast period. 4-tert-butylcyclohexanone is used in cleaning and washing products along with alcohol and other chemicals. Cleaning is mainly a term to remove additional items or spots to make the surface look organized. Washing is a process of cleaning detergent and soap to maintain good hygiene and health. Poor hygiene may cause several serious diseases and infections such as pinworms, tinea pedis, lymphatic filariasis, body & head lice, chronic diarrhea, dental caries, and many more. For instance, in 2019, more than 350,000 children became victims of diarrheal disease owing to poor sanitation. Hence, all these factors are projected to influence segment growth positively over the forecast period.
Our in-depth analysis of the global 4-tert-butylcyclohexanone market includes the following segments
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By Purity |
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By Application |
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The North American 4-tert-butylcyclohexanone market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2035. The growth of the market can be attributed majorly to the spiking sales of skincare products, perfumes, deodorants, and other sorts of cosmetics owing to the higher inclination of the regional population towards beauty and personal care. In 2021, the sales of facial cosmetics in the United States were valued at almost USD 1 billion. Additionally, the increasing demand for perfume and deodorants owing to the growing awareness of personal hygiene is further anticipated to boost the growth of the market in the region during the forecast period. The USA was observed to generate the highest revenue in the deodorant segment in the global comparison in 2022 of about USD 5000 million.
Furthermore, the Asia Pacific region is anticipated to obtain the second-largest share of the market during the forecast period. The growth of the market is attributed to similar factors such as the growing demand for personal hygiene products, perfumes, deodorants, and others and the increasing disposable income in the region. For instance, the value of the Asian fragrance segment was estimated to be around USD 10 billion in 2022. Moreover, a notable boom in the regional population Hence, all these factors are projected to influence the growth of the market in the region positively over the forecast period.
Merck KGaA to announce the collaboration with Agilent Technologies to enable Bioprocessing 4.0 and real-time release. The company plans to include a critical tool for online process analytical technologies. Process analytical technologies (PAT) are promoted by regulatory authorities across the globe enabling the release of Bioprocessing 4.0.
Lanxess AG merges its path with Advent International to develop engineering polymers of high performance by obtaining the required materials from DSM.
In 2023, market players might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain.
Controlling Inflation has become the first priority for global economies from last quarter of 2022 and to be followed in 2023. With skewed economic situations, rise in interest rate by governments to control spending and inflation, spiked oil and gas prices, high inflation, geo-political issues including U.S. & China trade war, Russia-Ukraine conflict to intensify the global economic issues.
The interest rates in the U.S. may be less sensitive in 2023 as compared to 2022; sigh of relief for businesses. Positive business sentiments, healthy business balance sheets, growth in construction spending (private construction value in 2022 stood at $1,429.2 billion, 11.7 percent (±1.0 percent) above the $1,279.5 billion spent in 2021, Residential construction in 2022 was $899.1 billion, up by 13.3 percent (±2.1 percent) from $793.7 billion in 2021, non-residential construction touched $530.1 billion, 9.1 percent (±1.0 percent) above the $485.8 billion in 2021.) showcases minimal impact of recession in the country.
Similarly, spiked spending in the European and major Asia economics including, India, China & Japan to showcase less impact on the global demand.
Author Credits: Smruti Ranjan, Rajrani Baghel
Ans: Up-surged demand for the product in the cosmetic and personal care industry to hike the growth of the market and escalating demand for perfumes and deodorants are the major factors driving the market growth.
Ans: The market is anticipated to attain a CAGR of ~5% over the forecast period, i.e., 2023 – 2035.
Ans: Strict regulations imposed by the government on the utilization are estimated to be the growth hindering factors for the market expansion.
Ans: The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
Ans: The major players in the market are Thermo Fisher Scientific Holdings, Inc., Hubei Jusheng Technology Co., Ltd., Merck KGaA, Lanxess AG, Tokyo Chemical Industry Co., Ltd., WeylChem International GmbH, Jordan Bromine Company, IRO Group Inc., and others.
Ans: The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue-generating capacity as well as the new products being launched into the market by the company.
Ans: The market is segmented by purity, application, and by region.
Ans: The perfumes & fragrances segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
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