Press release
Terpineol Market to Witness Rise in Revenues During the Period 2018 - 2026
Terpineol is a monoterpene alcohol that can be isolated from various sources such as, pine oil, petitgrain oil, cajuput oil, and cannabis. Terpineol is primarily formed by a mixture of three isomers which include beta-terpineol, gamma-terpineol, and alpha-terpineol. Alpha-terpineol is a major constituent of terpineol. Terpineol possess a pleasant odor which is similar to lilac and is utilized as a common ingredient in cosmetics, perfumes. It is also used in the production of bath products such as soaps, cream, lotions, etc. and serves as an essential aroma component in the formulation of lapsang souchong tea.Terpineol is available in various grades in the market such as, perfumery, pharmaceutical, and industrial as per its purity. Terpineol is one of the most important constituents of various essential oils, some of these are utilized in aromatherapy.
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Global Terpineol Market: Segmentation
The global terpineol market can be segmented on the basis of grade and application.
Based on the grade, the market can be segmented into-
• Pharmaceutical Grade
• Industrial Grade
• Perfumery Grade
Based on the application, the market can be segmented into-
• Perfume Manufacturing
• Flavours
• Pharmaceutical Ingredient
• Printing Ink
• Medicine Production
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Global Terpineol Market: Dynamics
The demand for terpineol is primarily dependent upon the growth in global flavours and the perfume manufacturing industry. Perfumes and fragrance are a combination of aroma compounds and essential oils such as terpineol. Changing lifestyles, growing young population, and increasing awareness regarding beauty products are found to be the key factors pushing the growth of the perfumery industry and in turn assisting the consumption of terpineol across the manufacturing industries. Moreover, alpha-terpineol is utilized in various food & beverages such as, chewing gum, baked goods, dairy products, candies, beverages, etc. Thus, with the growth in the global food & beverages industry, consumption of terpineol is anticipated to grow and is in turn escalating the growth of global terpineol market.
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