The global Sclareol market was valued at 67.38 Million USD in 2021 and will grow with a CAGR of 5.63% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Sclareol is a fragrant chemical compound found in clary sage (Salvia sclarea), from which it derives its name. It is classified as a bicyclic diterpene alcohol. It is an amber colored solid with a sweet, balsamic scent.Sclareol is used as a fragrance in cosmetics and perfumes and as flavoring in food. Sclareol and other similar substances may be prepared from sclareolide. The global Sclareol industry has a rather high concentration. The major manufacturers are concentrated in USA, China, Europe and Asia Other Region, such as Avoca, Frachem Technologies, Bontoux, Elixens and Amyris. At present, Avoca is the world leader, holding 44.37% production market share in 2016. USA is the largest region consumption market, accounting for about 70.24% of global consumption of Sclareol. Sclareol downstream is wide and recently Sclareol has acquired increasing significance in various fields of Cosmetics, Tobacco, Food and others. Globally, the Sclareol market is mainly driven by growing demand for Cosmetics. Cosmetics accounts for nearly 45.81% of total downstream consumption of Sclareol in global. Sclareol can be mainly divided into Extraction and Others which Extraction captures about 76.87% of Sclareol market in 2016. According to our research and analysis, manufacturers from USA are the major leaders in the international market of Sclareol.

By Market Verdors:

Avoca

Frachem Technologies

Bontoux

Elixens

Amyris

App Chem-Bio

By Types:

Extraction

By Applications:

Cosmetics

Tobacco

Food

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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