Title: Terpenoids Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2022-2027
1Terpenoids Market Forecast (2022 -
2027)Market size, Industry outlook, Market
Forecast, Demand Analysis, Market Share, Market
Report 2022-2027
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- The Terpenoids Market size is estimated to grow
at a CAGR of 6.5 during the forecast period
2022-2027. - Terpenoids also known as isoprenoids, are a broad
and diversified family of naturally occurring
organic compounds formed from the 5-carbon
molecule isoprene and the isoprene polymers and
include citral, menthol, camphor, salvinorin A. - Terpenoids have a strong odor and are chemically
resistant to a wide range of substances. - It is utilized as an essential oil, as well as a
fragrance and flavoring agent, in industrial
applications.
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- Key Takeaways
- The Asia-Pacific region dominates the Terpenoids
Market size, owing to the increased adoption of
sustainable products in a variety of applications
such as food beverages and personal care, as
well as the high consumption of terpenoids in the
region. - The need for terpenoids is rising in end-use
industries such as cosmetics, food beverages,
paints coatings, rubber and pharmaceuticals,
which driving the market growth of the terpenoids
market. - However, the market expansion is being hampered
by fluctuations in terpene availability and
expensive extraction costs.
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By Distribution Channel- Segment Analysis The
Liquid held a significant share in the Terpenoids
Market share in 2021 and is forecasted to grow at
a CAGR of 6.7 during the forecast period
2022-2027, owing to increasing demand for liquid
terpenoids over solid. The qualities of liquid
terpene resin include strong cohesive force,
radiation resistance, good age resistance, acid,
heat, citral, menthol, camphor and alkali
resistance. Additionally, it has great dielectric
qualities and is nontoxic. As a result, there is
a significant demand for liquid terpene resin in
applications such as pressure-sensitive tapes,
paints and printing inks, chewing gums and rubber
adhesives.
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- Terpenoids Market Industry Outlook
- Arora Aromatics
- Mentha Allied Products
- AOS Products
- Kraton
- Natural Fractions
- Interstate Commodities
- Himachal Terepene Products
- YASUHARA CHEMICAL
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Terpenoids Market Forecast (2022 - 2027) Learn
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