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Global Terpene Resins Market Report, Market Size, Share, Trends, Analysis and Forecast to 2028
Terpene resin is an organic substance that is derived from plants, such as citrus fruits or wood. A solid substance with a light colour called terpene resin is soluble in many solvents. Terpene also frequently has a potent smell and a high degree of resistance. It is utilised extensively in the industrial sector as an essential oil, fragrance, and flavouring ingredient.
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North America is projected to have the highest CAGR over the forecast period, owing to factors including increased demand from regionally important sectors like rubber and food & beverage. Additionally anticipated to support regional prosperity is the expansion of the cosmetic and personal care industries.
Some of the key players profiled in the Terpene Resins Market include Ingevity, Mangalam Organics Limited, Henan Tianfu Chemical Co. Ltd, Arakawa Chemical Industries, Ltd., Yasuhara Chemical Co. Ltd, Dujodwala Resins and Terpenes Ltd., Resin Chemicals Co. Ltd, Lesco Chemical Limited, Foreverest Resources Ltd., Baolin Chemical Industry Co. Ltd, Kraton Corporation, Megawide Chemicals Co. Ltd, Akrochem Chemical, Xinyi Sonyuan Chemical Co. Ltd and Hwalong.
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Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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