Global β-Pinene market cagr 12.5%

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β-Pinene Market

β-Pinene Market Scope: Industry Analysis, Market

Size, Growth, Trends Till 2031

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β-Pinene Market Size and Growth

The β-Pinene market is witnessing significant growth, driven by rising demand in fragrances, food, and pharmaceuticals. The global market size was valued at approximately $200 million in 2023, with a projected CAGR of around 5% through 2030. Increasing applications in sustainable products are also influencing market dynamics positively. Request Sample Report

Companies Covered

(Covid 19 Impact Covered)

◍ Kraton

◍ DRT

◍ Sky Dragon Fine-Chem

◍ Socer Brasil

◍ GuangDong Pine Forest Perfume

◍ Sociedad de Resinas Naturales

◍ Xinghua Natural Spice

◍ Zhongbang Chemicals

◍ Yasuhara Chemical

◍ Ganzhou Taipu Chemical Co.,Ltd

◍ Yunnan Linyuan Perfume

◍ Lush Forest Chemical Co.,ltd

◍ Nippon Terpene Chemicals

◍ Foreverest Resources Ltd

The β-Pinene market features companies like Kraton and DRT, which leverage β-Pinene in specialty chemicals and natural fragrances. Firms such as Yasuhara Chemical and Nippon Terpene Chemicals enhance market growth through product innovation. Sales figures for some include Kraton at $926 million and DRT at $610 million annually.

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Market Segmentation

By Application

Fragrance Ingredient ◍ Terpene Resin

◍ Pharmaceutical Intermediate

Others

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By Product

Above 95%

Below 95%

Market Growth

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$ X Billion USD

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Global β-Pinene market cagr 12.5% by ReportPrime - Issuu