The Covid-19 crisis caused a massive drop in overall methyl undecylenate sales in 2020, as lockdown was implemented and all factorial units were closed, resulting in massive losses for the manufacturing companies. In 2021, global manufacturers are putting all of their efforts into increasing sales and profits through product upgrades and innovations.
Leading companies such as Acme Synthetic Chemicals, Parchem fine & specialty chemicals, Penta Manufacturing Company, Vigon International, Intellichemie Industries LLP, Total Petrochemicals & Refining USA Inc, Arkema Group, TCI Chemicals, Hokoku Corporation, and others are investing heavily in the establishment of research institutes in various regions in order to improve their products.
Methyl Undecylenate Market: Key Participants
Examples of some of the market participants operating in the global methyl undecylenate market are:
- Acme Synthetic Chemicals
- Parchem fine & specialty chemicals
- Penta Manufacturing Company
- Vigon International
- Intellichemie Industries LLP
- Total Petrochemicals & Refining USA, Inc and Many More…
Methyl Undecylenate Market: Segmentation
On the basis of application, the global methyl undecylenate market can be categorized as:
- Flavors & Fragrances
- Personal Care & Cosmetics
- Metal Working Fluids & Lubricants
Regional Outlook for Methyl Undecylenate
North America, Latin America, Western Europe, Eastern Europe, China, South East Asia & Pacific (SEAPAC), Japan, and MEA make up the global methyl undecylenate market. The methyl undecylenate market is expected to be dominated by Asia Pacific.
Due to a large consumer base, rapid population growth, and an increasing number of affluent middle-class families in these regions, China, India, Japan, and ASEAN countries are expected to offer significant growth opportunities in the methyl undecylenate market in the near future. As mature markets, the methyl undecylenate markets in North America and Europe are expected to grow moderately in the near future.
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