According to a market report by Lucintel, the future of the global terpineol market looks promising with opportunities in the antioxidant, disinfection, pharmaceutical, solvent, perfume, and flavoring agent applications. The global terpineol market is expected to grow with a CAGR of 5.1% from 2024 to 2030. The major drivers for this market are growing demand for natural fragrances and increasing use of this substrate in industrial applications.
In this market, industrial grade, fragrance grade, and pharma grade are
the major segments of terpineol market by type.
Lucintel forecasts that fragrance grade is expected to witness highest
growth over the forecast period due to growing demand for natural fragrances in
the cosmetics and personal care industries.
Within this market, antioxidant is expected to witness highest growth
over the forecast period due to its increasing demand from food packaging,
medical devices, and building materials application.
APAC is expected to witness highest growth over the forecast period due
to continual population growth, improving population's living standards, and
rapid urbanization in the region.
Foreverest, Ecogreen, Socer Brasil Industria E Comercio, and Workwell are
the major suppliers in the terpineol market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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