Global Limonene Market Outlook 2017-2022

Global Limonene Market is expected to grow at a significant CAGR of 6.08% by 2022 as the scope and its applications are rising enormously across the globe. Limonene is orange terpene from a family of hydrocarbons formed by plants known as terpenes having a strong smell of orange. It is exclusively used for aromatherapy, food flavorings, and fragrances. It is a colorless liquid used in chemical synthesis as a precursor. There are two main forms; d-limonene and l-limonene. The l-limonene is mainly used as an alternative solvent for cleaning products. On the other hand, d-limonene is exclusively used in beauty, food grade, and cleaning products.

Limonene Market is segmented based on grade, end user, and region. Industrial, pharmaceutical, and food are the grades that could be explored in Limonene in the forecast period. The market may be categorized based on end users like chemical industry, pharmaceutical industry, daily chemical products, food additives, and others.

Limonene Market is segmented geographically into North America, , Europe (Eastern Europe, Western Europe), Asia Pacific (India, China, Japan, New Zealand, and Australia), Latin America (Mexico, Argentina, and Brazil), Middle East (UAE, Saudi, and Qatar), and Africa (South Africa).

Globally, Latin America accounted for the substantial market share of Limonene and is estimated to lead the overall market in the coming years. North America follow the suit. The United States is a major consumer of Limonene in this region. The reason behind the growth of overall market in this region could be rising use of d-limonene. 

Europe and the Asia Pacific are also estimated to have a positive influence on the future growth. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at the fastest pace in the foremost period. The aspects that may be ascribed to the growth comprise developing industries in this region and high demand from the chemical industries. The developing countries like India and China are the major consumers of Limonene in this region.

The key players of Limonene Market are Frutech International, Moellhausen SPA, EZclean, Florida Chemical Company, Hunter Sales, Inc., Schepise Chemical Sales, Citroflavor Essential Oils, Orchidia Fragrances, and Sharp Methanol India Ltd. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition. 

The global market for limonene will grow at a CAGR of 6.08% by 2022, according to a new report published by Gen Consulting Company. The report segments the market and forecasts its size, by volume and value, on the basis of application (pharmaceuticals, food, daily chemicals, industrial, etc.), and by geography (North America, Europe, Asia-Pacific, MEA and South America).

The report covers forecast and analysis for the limonene market on a global and regional level. The study provides historic data of 2012-2016 along with a forecast from 2017 to 2022 based on both output/volume and revenue. The study then describes the drivers and restraints for the limonene market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the limonene market on a global level.

The report has been prepared based on the synthesis, analysis, and interpretation of information about the global limonene market collected from specialized sources. The competitive landscape section of the report provides a clear insight into the market share analysis of key industry players. Company overview, financial overview, product portfolio, new project launched, recent development analysis are the parameters included in the profile.

Demand for this market rises from the pharmaceuticals, food, daily chemicals, industrial, and other applications. All the segments have been analyzed based on present and future trends and the market is estimated from 2017 to 2022. Relevantly, the report and company profiles specify the key drivers that are impacting the demand in global limonene market.

Key Applications
- Pharmaceuticals
- Food
- Daily Chemicals
- Industrial

Key Regions
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America

Key Vendors
- Agroterenas S.A.
- Citrosuco
- Citrus Oleo
- Deqing Shangpin
- DRT (Pinova)
- Ernesto Ventos
- Florachem
- Florida Chemical Company
- Foreverest
- Fujian Green Pine
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Key Questions Answered in this Report
- What will the market size be in 2022?
- What are the key factors driving the global limonene market?
- What are the challenges to market growth?
- Who are the key players in the limonene market?
- What are the market opportunities and threats faced by the key players?