is defined as a type of fragrance which blends with floral notes such as muguet and cyclamen. Adoxal also blends well with fruity and woody compositions. Adoxal has a typical and fresh linen odor. Adoxal is widely used in cosmetics and perfume industry. It is widely used in detergent perfumes due to its fresh odor. Adoxal also finds a wide range of application in cosmetic industry. The global adoxal market
is very niche. Globally, the revenue generated from the sales of adoxal is expected to increase at a rapid pace during the forecast period.
Growing cosmetics industry is expected to be the major reason for the rise in demand for adoxal over the forecast period. Changing lifestyle of consumers coupled with rising disposable income is expected to boost the demand for adoxal, thus driving the global adoxal market over the forecast period. Increasing preference for personal appearance is expected to fuel the demand for adoxal in developed countries. This is expected to be a major driving factor for the growth of adoxal market over the forecast period. Stringent regulations are expected to hamper the growth of global adoxal market over the forecast period. Moreover, the volatile price is also expected to be a major restraining factor for the growth of global adoxal market during the forecast period. The global adoxal market is segmented on the basis of product type as:The global adoxal market is classified into applications as follows:
Furthermore, the global adoxal market is bifurcated by regions into North America, Asia Pacific (APAC), Europe and Rest of the World (RoW). North America is expected to contribute maximum share in the global adoxal market. Europe and Asia Pacific is also anticipated to have major share in the global adoxal market. Asia Pacific is projected to witness high growth in terms of value in the global adoxal market. Growing cosmetic industry in China and India is expected to be the major reason for rise in demand for adoxal in Asia Pacific region. Demand for adoxal in Middle East and Africa is expected to increase at a rapid pace over the forecast period. This is mainly attributed to the increasing cosmetic industry in this region. Some of the key players in the global adoxal market include:
- International Flavors & Fragrances (U.S.)
- Givaudan (Switzerland)
- The John D. Walsh Company, Inc. (U.S.)
- Wild Flavors (U.S.)
- Shandong Fangsheng Aromatics Co., Ltd. (China) among others.