Research Anisole Market Growth and Segments, 2016-2026 | Page 6

Anisole Market
Apart from these products, anisole finds its application in pharmaceutical industry as an intermediate
chemical. Requirement of these products in higher amounts triggers the growth of anisole market in a
large scale even in developing countries.
Raw material availability and price volatility remain as one of the largest challenges in the global anisole
market. Further, stringent environmental regulations and less storage time of anisole is the key reason
restraining the growth of global anisole market. In addition, exposure to the product above acute limit
can cause serious health related problems including irritation in eyes, throat burning, etc. which in turn
hamper the growth of global anisole market.
Application of anisole as insect pheromones is anticipated to provide significant opportunities in the
market over the forecast period.
Global Anisole Market: Region-wise Outlook
Considering regions, Europe accounts for a larger share in the global anisole market and will show a
significant growth in France, Germany, and the U.K. since the need for cosmetic products are increasing
swiftly. Rising awareness among the youth regarding grooming and beauty care promotes global anisole
market over the forecast period. Asia-Pacific is expected to witness the highest growth over the forecast
period owing to the rising pharmaceutical industries in India, China, Malaysia, Thailand and Vietnam.
Latin America is the evolving region for perfume industry and is expected to grow at a significant rate.
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