Privi Speciality :Privi Speciality Chemicals is India’s largest and one of the leading manufacturers of aroma and fragrance chemicals in the world.
Privi produces 70+ aroma chemicals which are blended into fragrance
Uses
Daily products like soaps, detergents, shampoos, hand washes and fine fragrance perfumes.
7 Manufacturing Facilities in Maharashtra and Gujarat
- Opportunity Size
- Key Points
- Moat
- Process
- Management Track
- Outlook
Opportunity Size
Global Aroma Market
- USD 5.57 billion in 2022
- USD 8 billion by 2031
- CAGR of 4.1% during the forecast period (2024-2031).
Global Perfume Market
- USD 33.9 billion in 2022
- USD 35.12 billion in 2023
- USD 46.61 billion by 2031
- CAGR of 3.60% during the forecast period (2024-2031).
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Total Addressable Market Size
USD Billion | 2022 | 2031 | Total |
---|---|---|---|
Global Aroma Market | 5.57 | 8 | 13.57 |
Global Fragrance Market | 33.9 | 46.61 | 80.51 |
94.08 |
Roughly 9400 crores INR.
Key Points
- Overall Capacity as of 2024 : 48,000 metric tons per annum
- Privi has backward integration to use waste generated from pulp mills, the crude sulfate turpentine
- It is the only Company in the developing world and one of the four companies globally to have the technology and the logistics ability to procure these waste products from across the globe
- It has the largest single CST processing site in the world
What is CST? (crude sulfate turpentine)
Symrise creates sustainable value by transforming by-products
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