Sclareol is an amber colored solid having a sweet scent. This fragrant chemical compound is generally found in an herb called clary sage (Salvia sclarea). It is most extensively employed as a fragrance in cosmetics and perfumes. The fragrance industry use Sclareol as a raw material in the manufacturing of various products. It also finds application as a flavoring in food. Furthermore, it plays a key role in the production of ambergris fragrance chemicals including ambraoxide, methylambraoxide, and ambrox.
It has been observed that the Sclareol market is undergoing a number of product launches and developments. One such instance is clary sage concrete, which is employed for making perfumes and cosmetics items, obtaining absolute, and isolating of sclareol. It is known to have good fixing properties. Such product introductions are likely to open up novel avenues for the market in the near future.
Surge in the Demand from the Fragrance Industry to Drive the Sclareol Market
Growing demand for Sclareol from the fragrance and flavor industries is a key factor driving the Sclareol market. Surge in the awareness regarding the benefits of clary sage such as stress reduction and antibacterial properties is also driving the Sclareol market to a great extent. Technological advancements and novel product introductions by the key players are influencing the Sclareol market growth positively. Widespread usage of Sclareol in various end-use sectors such as food, flavor, fragrance, and tobacco may offer a boost to the overall growth of the Sclareol market.
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Players to Take up Product Innovation as a key strategy
Key players operating in the global Sclareol market include Avoca, Bontoux, Frachem Technologies, Elixens, App Chem-Bio, and Amyris. Key participants are taking up strategic initiatives such as new product launches, research and development, and business expansion in order to expand their reach across the globe.
By Product Type
On the basis of product type, the global Sclareol market is segregated into extraction and others. According to the analysts, extraction is expected to emerge as a key product type in the coming years as most of the products are obtained through extraction of the solvent. The researchers predict that Sclareol is expected to gain popularity in the manufacturing of various cosmetic items.
Market Analysis by Regions and Countries
The Middle East and Africa (GCC Countries and Egypt.)
North America (the United States, Mexico, and Canada.)
South America (Brazil etc.)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia.)
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