Terpineol Market Segmentation:
Type Segment Analysis
Industrial Grade segment in the terpineol market is slated to hold the largest revenue share, of 53% during forecast period. Industrial-grade terpineol is a type of terpene alcohol that has a strong and refreshing scent with floral hints of lavender. One of its advantages is that it is more cost-effective than fragrance and pharmaceutical grades due to its lower concentration of essential oil components. This makes it a popular choice for various industries that require terpineol for their products.
Application Segment Analysis
Fragrance segment in the terpineol market is estimated to garner the majority revenue share over the forecast period. Terpineol is a common ingredient in the fragrance industry, particularly in personal care products such as soaps, lotions, and detergents. It is also an essential component in the creation of perfumes that feature floral or citrus notes, such as those that contain rose oil or orange blossom absolute. Terpenes, on the other hand, are used to enhance the flavor of food products, making them valuable additives in candies and ice creams.
Our in-depth analysis of the global terpineol market includes the following segments:
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