Beta Pinene is a naturally occurring terpene found in many plants and essential oils. It is a colorless liquid with a strong, pungent, woody odor. Beta Pinene is used in a number of industries, including perfumery, aromatherapy, food additives, and pharmaceuticals. It is also used as a solvent and in the production of certain plastics and resins.
In terms of global overview, Beta Pinene is found in a large number of plants and essential oils, including pine, rosemary, basil, parsley, and juniper. It is also produced synthetically in various countries, including China and the United States. The production of Beta Pinene is estimated to be around 10,000 metric tons per year. The largest producers of Beta Pinene are China, the United States, and India.
The global Beta Pinene market was valued at US$ 181.5 million in 2022 and is anticipated to reach US$ 230 million by 2029, witnessing a CAGR of 3.4% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A detailed market research report on Global Beta Pinene Market available at: https://www.themarketreports.com/report/global-beta-pinene-market-research-report
This report aims to provide a comprehensive presentation of the global market for Beta Pinene, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Beta Pinene.
The major players in global Beta Pinene market include Kraton, DRT, Sky Dragon Fine-Chem, etc. The top 3 players occupy about 35% shares of the global market. North America and Europe are main markets, they occupy about 45% of the global market. Purity Above or Equal 95% is the main type, with a share about 80%. Fragrance Ingredient is the main application, which holds a share about 50%.
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