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The global terpineol market is being aided by the growth of the perfume and fragrances market, which is expected to grow at a CAGR of 5.50% in the forecast period of 2024-2032.
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Region-wise, the North America region is a significant market for terpineol across the globe. This can be attributed to the flourishing flavours and fragrances industry in the United States. The region is expected to witness a moderate growth owing to the relatively matured industry in the region. The region is expected to be followed by the Asia Pacific in the terpineol industry during the forecast period. The market in the Asia Pacific region is led by factors, such as rapid urbanisation, enhancing living standards, and rising population. The region is anticipated to be followed by Europe over the forecast period because Europe has several major cosmetics and perfume manufacturing companies in the region. The Middle East and Africa, and Latin America hold a small share in the terpineol industry, globally.
The term terpineol represents monoterpene alcohol that can be isolated from several sources like cajuput oil, pine oil, petitgrain oil, and cannabis. Primarily, it is produced by the amalgamation of three isomers that consists of gamma-terpineol, beta-terpineol, and alpha-terpineol. The product exudes a pleasant odour, which is similar to lilac and is used as a key ingredient in cosmetics and perfumes. The product is also used in the production of bath products like cream, soaps, and lotions, among others.
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On the basis of application, the market is divided into:
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The market for terpineol is driven by the growing flavours and the perfume industry, across the globe. Perfume and fragrance are a concoction of aroma compounds and essential oils like terpineol. The market is further influenced by the enhancing lifestyles, rising young population, and growing awareness about beauty products, which has boosted the perfumery industry and eventually is expected to be a guiding factor for the growth and consumption of terpineol across various industries. All these factors are expected to aid the market growth in the forecast period as well.
The report gives a detailed analysis of the following key players in the global terpineol market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global terpineol market is being aided by the growing perfume and fragrances market, which is projected to grow at a CAGR of 5.50% between 2024 and 2032.
The major drivers of the industry, such as the growing flavours and fragrances industry, rapid urbanisation, improving living standards, and rising population, are expected to aid the market growth.
The key market trend guiding the growth of the industry includes the rising demand for essential oils.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading application segments in the market are antioxidant, disinfection, pharmaceuticals, solvent, perfumes, and flavouring agent, among others.
The major players in the industry are Foreverest Resources Ltd., EcoGreen International Group Limited, Socer Brasil Indústria e Comércio Ltda., and Workwell, among others.
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