(EMAILWIRE.COM, September 06, 2018 ) This report covers the present scenario (with the base year being 2017) and the growth prospects of global Sclareol market for 2018-2023.

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.
Over the next five years, this report projects that Sclareol will register a 5.5% CAGR in terms of revenue, reach US$ 86 million by 2023, from US$ 62 million in 2017.

This report presents a comprehensive overview, market shares, and growth opportunities of Sclareol market by product type, application, key manufacturers and key regions.

To calculate the market size, this report considers value and volume generated from the sales of the following segments:

Segmentation by product type:
Extraction
Others
Segmentation by application:
Cosmetics
Tobacco
Food
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Avoca
Frachem Technologies
Bontoux
Elixens
Amyris
App Chem-Bio
...

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Sclareol consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Sclareol market by identifying its various subsegments.
Focuses on the key global Sclareol manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Sclareol with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Sclareol submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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