Summary:
Musk is a class of aromatic substances commonly used as base notes in perfumery. They include glandular secretions from animals such as the musk deer, numerous plants emitting similar fragrances, and artificial substances with similar odors. Musk was a name originally given to a substance with a penetrating odor obtained from a gland of the male musk deer. The substance has been used as a popular perfume fixative since ancient times and is one of the more expensive animal products in the world.In 2015, the global synthetic musk market was led by China. Europe was the second-largest region-wise market. At present, the major manufacturers of synthetic musk are concentrated in China and Europe. Yingyang is the world leader, holding 34.46% production market share in 2015. Firmenich and Symrise are also synthetic musk market leader in Europe.
The global Musk market is valued at 164.8 million US$ in 2020 is expected to reach 174.4 million US$ by the end of 2026, growing at a CAGR of 0.8% during 2021-2026.
This report focuses on Musk volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Musk market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan etc.
Market Segment Analysis
The research report includes specific segments by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type, the Musk market is segmented into
Natural Musk
Artificial Musk
Synthetic Musk
Segment by Application
Pharmacology
Household Chemicals
Others
Global Musk Market: Regional Analysis
The Musk market is analysed and market size information is provided by regions (countries). The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type and by Application segment in terms of sales and revenue for the period 2015-2026.
The key regions covered in the Musk market report are:
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Global Musk Market: Competitive Analysis
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2015 to 2019.
The major players in global Musk market include:
Firmenich
Symrise
PFW
Yingyang
Great Nation
Achiever Biochem
Fangsheng
Lianxin
Huixiang
SIMDB
Hongyan
Tiancheng
Huashan