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Global 2-phenylethanol market share is fragmented owing to the presence of several medium & large number multinational industry players operating across the globe. Market players are adopting several strategies such as new products launch, capacity expansion, mergers, acquisitions, and collaborations to gain a competitive advantage and expand their foothold in the industry.
Some of the players in 2-Phenylethanol Market are:
In February 2021, Eternis Fine Chemicals acquired a UK-based Tennants Fine Chemicals company and its wholly owned subsidiaries in Singapore and China. This acquisition is expected to enhance the company’s product offerings, distribution network, and better serve customers around the globe with the increase in revenue.
In February 2021, Symrise AG company has upgraded its online platform. That includes ingredient Finder for flavor & fragrance raw materials. This upgradation in the online platform will enable customers to access the detailed information on fragrances, flavors, and pharmaceutical raw materials available on Ingredient Finder.