Denatonium Benzoate (CAS 3734-33-6)
Market
Denatonium Benzoate (CAS 3734-33-6) Market
Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Denatonium Benzoate (CAS 3734-33-6) Market Size and Growth
Denatonium benzoate (CAS 3734-33-6) market research indicates a growing demand for this bittering agent, driven by safety regulations and consumer awareness. The market size is estimated to reach approximately USD 150 million by 2025, reflecting a compound annual growth rate of 4.5% due to its applications in diverse industries.
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Companies Covered
(Covid 19 Impact Covered)
◍ Johnson Matthey
◍ Fengchen Group
◍ Sentinalco
◍ PMC Specialty
◍ Zhejiang Synose Tech
◍ UPL
◍ Aversion Technologies
◍ Allegro Industries
◍ Shandong Gushuo Biotech
The Denatonium Benzoate market is competitive, with key players like Johnson Matthey, Fengchen Group, and UPL leveraging its bittering properties for safety applications. Companies enhance market growth by expanding product lines and developing innovative formulations. Sales figures include: Johnson Matthey: $2.8 billion; UPL: $2.7 billion; Allegro Industries: $150 million.
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Market Segmentation
By Application
◍ Automotive Chemicals
◍ Cosmetics and Personal Care
◍ Daily Necessities
◍ Pesticide
◍ Paints and Coatings
◍ Other
By Product
◍ Granulars
◍ Solutions
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Market Growth
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$ X Billion USD
