24 Market Reports published a new in-depth industry research that focuses on Global Terpenes Market, delivers detailed analysis of market and future prospects of Global Terpenes Market. The critical and significant data in the study makes the research a very important tool for experts, analysts and managers to get ready-to-access analysis by the industry professionals. This report studies the global Terpenes market status and forecast, categorizes the global Terpenes market size (value & volume) by manufacturers, type, application, and region.
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. The difference between terpenes and terpenoids is that terpenes are hydrocarbons, whereas terpenoids contain additional functional groups.
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 global Terpenes market is valued at 510 million US$ in 2017 and will reach 730 million US$ by the end of 2025, growing at a CAGR of 4.7% during 2018-2025.
The major manufacturers covered in this report
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
By Application, the market can be split into
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