In the first quarter of 2023, tetrahydrolinalool prices in Asia fell due to disrupted supply-demand balance and elevated inventory levels, impacting buyer interest. However, the second quarter saw improved market momentum with increased demand from fragrance and flavor sectors, propelling prices upwards. In Europe, weak demand from pharmaceuticals and economic conditions led to declining prices in both quarters. Meanwhile, North America experienced a first quarter drop due to high inventories, impacting oil-based cosmetics and pharmaceuticals. Second-quarter demand increase positively affected prices, though concerns arose from falling crude oil levels and inventory rise. Overall, market dynamics influenced tetrahydrolinalool price trends.
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Definition
Tetrahydrolinalool is a colorless, liquid fragrance compound commonly used in the perfume and cosmetics industries. It imparts a pleasant floral scent and is valued for its long-lasting fragrance retention. With a molecular formula of C10H20O, tetrahydrolinalool is derived from essential oils and is known for its sweet, woody, and fresh aroma. It is soluble in alcohol and oils and is often used to create a wide range of scented products, including perfumes, colognes, lotions, and other personal care items.
Key Details About the Tetrahydrolinalool Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on Tetrahydrolinalool in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.
The Tetrahydrolinalool Price chart, including India Tetrahydrolinalool price, USA Tetrahydrolinalool price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting the Tetrahydrolinalool Price Trend:
Tetrahydrolinalool finds extensive use in the fragrance and cosmetic industries. Due to its pleasant and long-lasting floral aroma, it is a valuable ingredient in perfumes, colognes, and other scented products. Its ability to enhance fragrance retention makes it a popular choice for creating appealing scents in various personal care items such as lotions, body washes, and shampoos. Tetrahydrolinalool is also utilized in the formulation of air fresheners, candles, and aromatherapy products. Its versatile and appealing fragrance profile, along with its stability and compatibility with other ingredients, makes it a sought-after compound for adding desirable scents to a wide range of consumer goods.
Key Players:
- BASF SE
- Koninklijke DSM N.V.
- Symrise AG
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