Global Citronella Oil Market- Share Analysis, Trends, Growth, Applications and Opportunities to 2024
Global Citronella Oil Market: Overview
Citronella
oil is an oil derived majorly from citronella grass, also called as Cymbopogon
nardus. The cultivation of the grass requires rich moisture content and
sunshine. The oil can also be derived from different cymbopogon species. The
citronella oil is considered as one of the industrially important essential
oil. This is owing to the key advantages of citronella oil such as flavour
additive, fragrances in cosmetic and perfume industries. The citronella oil
contains more than 80 components some of which are at high concentration in oil
and functions as repellent property of oil. Some of the important components
such as geranial, limonene and citronellal are considered to have desirable
repellent characteristics. In trade terms, citronella oil are classified as
ceylon citronella oil and java citronella oil where they differ in terms of
proportion of citronellal and geranial. Perfume industry is important for citronella
oil market since it has majority of the revenue share. Other than
perfumes citronella oil is also used in detergents, industrial polishes, soaps,
cleaning compounds and other industrial products.
Global Citronella Oil Market: Drivers and Restraints
The global
citronella oil market is primarily driven by the increasing demand from perfume
and cosmetic industries. Citronella oil offers wide remedies some of which are
anxiety and stress control, ability to eject bugs and leeches from body etc.
Citronella oil prevents the spread of internal and external infections. These
are some of the factors which is boosting the global citronella oil
consumption. Furthermore, citronella oil has some unique properties such as
distinctive olfactory and steady technical properties. These properties are
highly essential for industries such as perfume to incorporate appropriate
blending and compounding essences which in turn actually drives the global
citronella oil market.
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However,
the substitute for citronella oil such as synthetic isolates from eucalyptus
citriodora and turpentine oil might restrain the global citronella oil market
Global Citronella
Oil Market: Region wise Outlook
The global citronella oil market is
divided into seven regions, namely North America, Latin America, Asia Pacific
excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and Middle East
and Africa (MEA). APEJ holds the major share in the global citronella oil
market owing to the high production of essential oils for fragrance and flavour
industry and also shares major contribution in essential oils export. The major
countries such as Shri Lanka, India, China, Java, Indonesia and Taiwan tops the
citronella oil market in terms of production in APEJ region. Followed by APEJ
is North America and Europe and are expected to grow at moderately high CAGR
during the forecast period. Latin America is anticipate to project stable
growth rate in terms of value during the forecast period.
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Global Citronella
Oil Market: Key Players
Some of the key
players identified in the global citronella oil market includes:
·
Van Aroma
·
Reho Natural Ingredients
·
Manohar Botanical Extracts Pvt. Ltd.
·
KIC Chemicals, Inc.
·
Wuhan Dahua Weiye Pharmaceutical Chemical Co., Ltd.
·
Fujian Gaoke Daily Chemical Co., Ltd.
·
AOS Products Private Ltd
·
Gramme Products
·
Aromacare Herbals
·
Meena Perfumery
·
K.K. Enterprise
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