The Global Octyl Formate Market was valued at USD 44.8 Million in 2023 and is projected to reach USD 58.2 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 3.8% during the forecast period (2024–2030). This growth is primarily driven by the expanding flavor and fragrance industry, increasing demand for natural and synthetic esters in personal care products, and the compound’s versatile applications as a flavoring agent and fragrance ingredient.

As consumer preferences shift towards sophisticated and natural-smelling products, the demand for high-quality esters like octyl formate continues to rise. In this blog, we profile the Top 10 Companies in the Octyl Formate Industry—a mix of specialty chemical manufacturers, flavor and fragrance giants, and synthetic ester producers shaping the future of this niche but vital market.

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🔟 1. Ventos S.A.

Headquarters: Barcelona, Spain
Key Offering: High-Purity Octyl Formate (98%, 99%)

Ventos is a leading European producer of aroma chemicals and esters, with octyl formate being one of its key specialty products. The company serves global flavor and fragrance houses with a focus on high-purity grades suitable for food, beverage, and cosmetic applications.

Key Market Strategies:

• Focus on pharmaceutical-grade purity standards

• Strategic partnerships with major F&F companies in Europe and North America

• Investment in sustainable production technologies

Download FREE Sample Report:
Global Octyl Formate Market – View in Detailed Research Report

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9️⃣ 2. Vigon International, Inc.

Headquarters: East Stroudsburg, Pennsylvania, USA
Key Offering: Octyl Formate for Flavor and Fragrance Applications

Vigon International is a prominent ingredient supplier to the flavor and fragrance industry, providing high-quality octyl formate along with technical support and customized solutions. The company operates state-of-the-art manufacturing facilities with rigorous quality control systems.

Key Market Strategies:

• Comprehensive product portfolio serving diverse applications

• Strong distribution network across North America and Asia-Pacific

• Focus on regulatory compliance and customer-specific formulations

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8️⃣ 3. Tokyo Chemical Industry Co., Ltd. (TCI)

Headquarters: Tokyo, Japan
Key Offering: Laboratory and Industrial Grade Octyl Formate

TCI is a global manufacturer of high-purity chemicals, including octyl formate for both research and industrial applications. The company serves pharmaceutical, cosmetic, and academic research sectors with consistent quality and reliable supply chains.

Key Market Strategies:

• Strong presence in Asian markets with expanding global reach

• Dual focus on research chemicals and industrial-scale production

• Investment in R&D for novel ester applications

Download FREE Sample Report:
Global Octyl Formate Market – View in Detailed Research Report

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7️⃣ 4. Sigma-Aldrich (Merck KGaA)

Headquarters: Darmstadt, Germany
Key Offering: Analytical and Industrial Grade Octyl Formate

As part of the Merck Group, Sigma-Aldrich is a leading supplier of specialty chemicals, including high-purity octyl formate for research, development, and industrial applications. The company’s global distribution network ensures reliable supply to customers worldwide.

Key Market Strategies:

• Extensive quality control and certification programs

• Strong focus on pharmaceutical and research applications

• Global logistics and supply chain optimization

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6️⃣ 5. Alfa Aesar (Thermo Fisher Scientific)

Headquarters: Lancashire, United Kingdom
Key Offering: High-Purity Octyl Formate for Various Industries

Alfa Aesar, a Thermo Fisher Scientific company, provides research chemicals and materials worldwide. Their octyl formate products meet stringent quality standards and serve diverse applications from academic research to industrial manufacturing.

Key Market Strategies:

• Integration with Thermo Fisher’s global distribution network

• Focus on high-purity specialty chemicals

• Comprehensive technical documentation and support

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5️⃣ 6. Elan Chemical Company Inc.

Headquarters: Newark, New Jersey, USA
Key Offering: Specialty Esters including Octyl Formate

Elan Chemical specializes in the manufacturing and distribution of aroma chemicals, flavors, and fragrances. The company produces octyl formate alongside a broad portfolio of esters for the food, flavor, and fragrance industries.

Key Market Strategies:

• Custom synthesis capabilities for specialty esters

• Strong relationships with North American flavor houses

• Focus on consistent quality and regulatory compliance

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4️⃣ 7. Penta Manufacturing Company

Headquarters: Livingston, New Jersey, USA
Key Offering: Food Grade and Technical Grade Octyl Formate

Penta Manufacturing is a leading producer of chemicals for flavors, fragrances, and pharmaceutical industries. The company offers octyl formate in various grades to meet different application requirements and regulatory standards.

Key Market Strategies:

• Diversified product portfolio serving multiple industries

• Strong emphasis on food safety and quality standards

• Strategic inventory management for reliable supply

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3️⃣ 8. Beijing Lys Chemicals Co., Ltd.

Headquarters: Beijing, China
Key Offering: Cost-Competitive Octyl Formate for Asian Markets

Beijing Lys Chemicals is a significant player in the Asian chemical market, producing octyl formate and other esters for domestic and international customers. The company leverages China’s manufacturing capabilities to offer competitive pricing.

Key Market Strategies:

• Focus on cost-effective production for price-sensitive markets

• Expanding export capabilities to global markets

• Investment in production capacity expansion

Download FREE Sample Report:
Global Octyl Formate Market – View in Detailed Research Report

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2️⃣ 9. Berjé Inc.

Headquarters: Carteret, New Jersey, USA
Key Offering: Natural and Synthetic Octyl Formate Variants

Berjé is a global distributor and processor of essential oils and aroma chemicals, including octyl formate. The company serves the flavor, fragrance, and cosmetic industries with a focus on both natural-derived and synthetic options.

Key Market Strategies:

• Global sourcing and distribution network

• Focus on sustainability and natural product trends

• Technical expertise in flavor and fragrance applications

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1️⃣ 10. Advanced Biotech

Headquarters: Totowa, New Jersey, USA
Key Offering: Natur-Identical Octyl Formate

Advanced Biotech specializes in natural and nature-identical ingredients for the flavor and fragrance industry. The company produces octyl formate that meets the growing demand for clean-label and natural-profile ingredients.

Key Market Strategies:

• Focus on natural and nature-identical product lines

• Strong emphasis on regulatory compliance and safety

• Partnerships with organic and natural product manufacturers

Get Full Report Here:
Global Octyl Formate Market – View in Detailed Research Report

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🌍 Outlook: The Future of Octyl Formate Markets Is Driven by Innovation and Sustainability

The octyl formate market is experiencing steady growth as industries seek versatile ester compounds for multiple applications. While traditional uses in flavors and fragrances dominate current demand, new applications in pharmaceuticals and specialty chemicals are emerging.

📈 Key Trends Shaping the Market:

• Growing demand for natural and nature-identical ingredients in food and cosmetics

• Increasing applications in pharmaceutical intermediates and agrochemicals

• Regulatory focus on food safety and ingredient transparency

• Technological advancements in ester synthesis and purification

Get Full Report Here:
Global Octyl Formate Market – View in Detailed Research Report

The companies listed above are not only supplying essential ingredients to global markets—they’re driving innovation and quality in the specialty chemicals sector.