Terpenes Market 2019 | Global Forecast 2024 | Major Players Arora Aromatics, Mentha & Allied Products, AOS Products, Kraton, Natural Fractions, Interstate Commodities

This report studies the Terpenes market; Terpenes are a large and diverse class of organic compounds, produced by a variety of plants, particularly conifers, and by some insects such as termites or swallowtail butterflies, which emit terpenes from their osmeteria. They often have a strong odor and may protect the plants that produce them by deterring herbivores and by attracting predators and parasites of herbivores.

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This report studies the Terpenes market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Terpenes market by product type and applications/end industries.

Top Key Vendors: Arora Aromatics, Mentha & Allied Products, AOS Products, Kraton, Natural Fractions, Interstate Commodities, Himachal Terepene Products, YASUHARA CHEMICAL, Jiangxi Jishui Xinghua Natural Spice.

The difference between terpenes and terpenoids is that terpenes are hydrocarbons, whereas terpenoids contain additional functional groups.

North America is expected to have the largest market share and dominate the Terpenes market from 2019 to 2024, due to the presence of a large number of analytics vendors. Asia-Pacific (APAC) offers potential growth opportunities.

Global Terpenes Industry is spread across 119 pages, profiling 09 companies and supported with tables and figures.

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In recent years, with the increasing demand, the consumption of Terpenes increased at a stable speed. During 2012~2016, the global sales growth rate is larger than 5% every year.

Now, investors are still optimistic about the Terpenes industry. In the next few years, more and more enterprises will enter this industry and the sales growth rate is forecasted to be about 5.63%.

Despite the decreasing gross margin of integrated development model, more and more enterprises will attempt to front-end and back-end integration.

The worldwide market for Terpenes is expected to grow at a CAGR of roughly 6.3% over the next five years, will reach 730 million US$ in 2024, from 510 million US$ in 2019, according to a new study.

This report focuses on the Terpenes in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application

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Market Segment by Type, covers:

Pinene
Limonene
Others

Market Segment by Applications, can be divided into:

Cosmetic
Pharmaceutical
Food
Others

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