Summary
As the world continues to deal with COVID-19, economies are moving into recession, under multiple adverse factors, the GDP of European and American countries in the second quarter suffered a historical contraction. At an annualized rate, the US GDP fell by 32.9% month on month, while the overall GDP of the euro zone fell by 12.1%.
Moreover, the economic prospects of Europe and the United States in the third quarter under the epidemic situation are hardly optimistic. The resumption of work and production not only brought economic data back, but also triggered a rebound in the epidemic situation. At present, the United States is still the 'epicenter' of the global epidemic. The total number of confirmed cases has exceeded 4.8 million, and the epidemic situation in some European countries has also rebounded. Affected by this, more than 20 states in the United States have announced the suspension or withdrawal of part of the economic restart plan. Britain and Italy have also decided to extend the state of emergency. The rebound of the epidemic situation has posed considerable risks to the economic prospects of Europe and the United States.
In the second quarter of this year, US GDP shrank by 9.5% on a month on month basis, or 32.9% at an annual rate, the largest decline since the 1940s. Data show that the sharp decline in personal consumption is the main drag on the U.S. GDP growth in the second quarter.
Compared with the United States, Europe's economic contraction in the second quarter was smaller, but it was also the lowest on record, with Germany and France contracting more than 10%. According to the data released by the Federal Bureau of statistics, Germany's GDP fell by 10.1% in the second quarter after adjusting for prices, seasons and working days, the largest decline since the quarterly economic data were available in 1970.
Thanks to the effective control and policy support of the new epidemic, China's economy rebounded sharply in the second quarter. The growth rate of manufacturing industry, which accounted for about 28% of GDP, rebounded sharply to 4.4% from the negative value in the first quarter. Chinese original equipment manufacturers (OEMs) and suppliers are ramping up production. And there are increased investments in digital footprints in manufacturing. OEMs in other parts of the world are offering incentives to drive sales. XYZResearch published a report for global Aroma Chemicals market in this environment.
In terms of revenue, this research report indicated that the global Aroma Chemicals market was valued at USD XXX million in 2019, and it is expected to reach a value of USD XXX million by 2026, at a CAGR of XX % over the forecast period 2021-2026. Correspondingly, the forecast analysis of Aroma Chemicals industry comprises of China, USA, Japan, India, Korea and South America, with the production and revenue data in each of the sub-segments.
The BASF aims at producing XX Aroma Chemicals in 2020, with XX % production to take place in global market, Solvay accounts for a volume share of XX %.
Regional Segmentation (Value; Revenue, USD Million, 2015 - 2026) of Aroma Chemicals Market by XYZResearch Include
China
EU
USA
Japan
India
Southeast Asia
South America
Competitive Analysis; Who are the Major Players in Aroma Chemicals Market?
BASF
Solvay
Kao
Takasago
Bell Flavors and Fragrances
Sensient Technologies
Symrise
Vigon International
Givaudan
Robertet
T.Hasegawa
Treatt
Jiaxing Wintrust Flavours
YingYang (China) Aroma Chemical Group
Silverline Chemicals
PFW Aroma Chemicals B.V
...
Major Type of Aroma Chemicals Covered in XYZResearch report:
Natural Aroma Chemicals
Synthetic Aroma Chemicals
Application Segments Covered in XYZResearch Market
Foods & Beverages
Cosmetics
Personal & Household Care
Others
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global Aroma Chemicals Market Analysis 2020, With Top Companies, Production, Revenue, Consumption, Price and Growth Rate
1 Market Scope
1.1 Product Details and Introduction
1.1.1 Natural Aroma Chemicals -Product Introduction and Major Manufacturers
1.1.2 Synthetic Aroma Chemicals -Product Introduction and Major Manufacturers
1.2 Market Snapshot
1.2.1 Major Companies Overview
1.2.2 Market Concentration
1.2.3 Six-Year Compound Annual Growth Rate (CAGR)
2 Global Aroma Chemicals Market Assessment, by Segmentation
2.1 Type Breakdown Estimates & Forecast, Sales Volume (2015-2026)
2.2 Type Breakdown Estimates & Forecast, Sales Value (2015-2026)
2.3 Application Breakdown Estimates & Forecast, by Application (2015-2026)
3 Regional Market Analysis
3.1 China Aroma Chemicals Market
3.1.1 Top Companies leading Aroma Chemicals Development in China (2015-2020)
3.1.2 Sales Value of Major Company in China Market (2015-2020)
3.1.3 China Aroma Chemicals Price (USD/Unit), by Type (2019-2020)
3.1.4 Sales in China Market, by Type (2015-2026)
3.2 EU Aroma Chemicals Market
3.2.1 Top Companies leading Aroma Chemicals Development in EU (2015-2020)
3.2.2 Sales Value of Major Company in EU Market (2015-2020)
3.2.3 EU Aroma Chemicals Price (USD/Unit), by Type (2019-2020)
3.2.4 Sales in EU Market, by Type (2015-2026)
3.3 USA Aroma Chemicals Market
3.3.1 Top Companies leading Aroma Chemicals Development in USA (2015-2020)
3.3.2 Sales Value of Major Company in USA Market (2015-2020)
3.3.3 USA Aroma Chemicals Price (USD/Unit), by Type (2019-2020)
3.3.4 Sales in USA Market, by Type (2015-2026)
3.4 Japan Aroma Chemicals Market
3.4.1 Top Companies leading Aroma Chemicals Development in Japan (2015-2020)
3.4.2 Sales Value of Major Company in Japan Market (2015-2020)
3.4.3 Japan Aroma Chemicals Price (USD/Unit), by Type (2019-2020)
3.4.4 Sales in Japan Market, by Type (2015-2026)
3.5 India Aroma Chemicals Market
3.5.1 Top Companies leading Aroma Chemicals Development in India (2015-2020)
3.5.2 Sales Value of Major Company in India Market (2015-2020)
3.5.3 India Aroma Chemicals Price (USD/Unit), by Type (2019-2020)
3.5.4 Sales in India Market, by Type (2015-2026)
3.6 Southeast Asia Aroma Chemicals Market
3.6.1 Top Companies leading Aroma Chemicals Development in Southeast Asia (2015-2020)
3.6.2 Sales Value of Major Company in Southeast Asia Market (2015-2020)
3.6.3 Southeast Asia Aroma Chemicals Price (USD/Unit), by Type (2019-2020)
3.6.4 Sales in Southeast Asia Market, by Type (2015-2026)
3.7 South America Aroma Chemicals Market
3.7.1 Top Companies leading Aroma Chemicals Development in South America (2015-2020)
3.7.2 Sales Value of Major Company in South America Market (2015-2020)
3.7.3 South America Aroma Chemicals Price (USD/Unit), by Type (2019-2020)
3.7.4 Sales in South America Market, by Type (2015-2026)
4 Value Chain (Impact of COVID-19)
4.1 Aroma Chemicals Value Chain Analysis
4.1.1 Upstream
4.1.2 Downstream
4.2 COVID-19 Impact on Aroma Chemicals Industry
4.2.1 Industrial Policy Issued Under the Epidemic Situation
4.3 Cost-Under the Epidemic Situation
4.3.1 Cost of Raw Material
4.4 Channel Analysis
4.4.1 Distribution Channel-Under the Epidemic Situation
4.4.2 Distributors
5 Regional Market Forecast (2021-2026)
5.1 Global Aroma Chemicals Sales and Growth Rate (2021-2026)
5.2 Global Aroma Chemicals Sales Value and Growth Rate (2021-2026)
6 Aroma Chemicals Competitive Analysis
6.1 BASF
6.1.1 BASF Company Profiles
6.1.2 BASF Product Introduction
6.1.3 BASF Aroma Chemicals Production, Revenue (2015-2020)
6.1.4 SWOT Analysis
6.2 Solvay
6.2.1 Solvay Company Profiles
6.2.2 Solvay Product Introduction
6.2.3 Solvay Aroma Chemicals Production, Revenue (2015-2020)
6.2.4 SWOT Analysis
6.3 Kao
6.3.1 Kao Company Profiles
6.3.2 Kao Product Introduction
6.3.3 Kao Aroma Chemicals Production, Revenue (2015-2020)
6.3.4 SWOT Analysis
6.4 Takasago
6.4.1 Takasago Company Profiles
6.4.2 Takasago Product Introduction
6.4.3 Takasago Aroma Chemicals Production, Revenue (2015-2020)
6.4.4 SWOT Analysis
6.5 Bell Flavors and Fragrances
6.5.1 Bell Flavors and Fragrances Company Profiles
6.5.2 Bell Flavors and Fragrances Product Introduction
6.5.3 Bell Flavors and Fragrances Aroma Chemicals Production, Revenue (2015-2020)
6.5.4 SWOT Analysis
6.6 Sensient Technologies
6.6.1 Sensient Technologies Company Profiles
6.6.2 Sensient Technologies Product Introduction
6.6.3 Sensient Technologies Aroma Chemicals Production, Revenue (2015-2020)
6.6.4 SWOT Analysis
6.7 Symrise
6.7.1 Symrise Company Profiles
6.7.2 Symrise Product Introduction
6.7.3 Symrise Aroma Chemicals Production, Revenue (2015-2020)
6.7.4 SWOT Analysis
6.8 Vigon International
6.8.1 Vigon International Company Profiles
6.8.2 Vigon International Product Introduction
6.8.3 Vigon International Aroma Chemicals Production, Revenue (2015-2020)
6.8.4 SWOT Analysis
6.9 Givaudan
6.9.1 Givaudan Company Profiles
6.9.2 Givaudan Product Introduction
6.9.3 Givaudan Aroma Chemicals Production, Revenue (2015-2020)
6.9.4 SWOT Analysis
6.10 Robertet
6.10.1 Robertet Company Profiles
6.10.2 Robertet Product Introduction
6.10.3 Robertet Aroma Chemicals Production, Revenue (2015-2020)
6.10.4 SWOT Analysis
6.11 T.Hasegawa
6.12 Treatt
6.13 Jiaxing Wintrust Flavours
6.14 YingYang (China) Aroma Chemical Group
6.15 Silverline Chemicals
6.16 PFW Aroma Chemicals B.V
7 Conclusion
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