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Dipentene Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

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Dipentene Market: Overview

Dipentene is a form of terpene liquid, which belongs to the class of hydrocarbons. It is found in plants. It is generally in the liquid state and it has lemon-like odor. It is also known as limonene. In scientific literature, dipentene refers to racemic limonene. However, in the industrial context, it refers to mixture of different terpene hydrocarbons. Dipentene can be used as an end-product or even as an intermediate. Dipentene is used widely for the formulation of flavors and fragrances, due to the peculiar fragrance that it possesses. Dipentene is found in plant oils. It can be manufactured by carrying out distillation of crude turpentine.

Dipentene is used in the formulation of hand-cleaners, wetting and dispersing agents, paints and coatings, resins and specialty adhesives, personal and air deodorants, and other products wherein the fragrance is an essential requirement for increasing the acceptability of the product.

Industrial processes such as glass mold cleaning, microbial and gemstone testing, and aircraft parts cleaning employ dipentene on a large scale at different stages of processing. It is also used in adhesive agents for rubber treatment. Superior solvency and dispersing and wetting properties of dipentene make it suitable to be used in the rubber industry.

Dipentene Market: Market Trends

The market for dipentene is in its development stage and is expected to expand rapidly in the next few years. The physical and chemical properties of dipentene lead to its increased consumption as a chemical intermediate in various industries. Dipentenes are used for domestic, commercial, and industrial purposes, which would increase its demand and would drive the market for dipentene in the near future.

Dipentenes are used on a large scale in perfumes, paints, food flavors, and home cleaning products. All these are products required on a regular basis and hence, the market for dipentene would always witness opportunities for growth.

In recent years, dipentene has been used as a substitute for D-limonene in various applications such as solvent carriers for adhesives and paints. It is also employed as a replacement for toxic chlorinated solvents. It is used in oil extraction, wax removal, and degreasing. Among all substitutes for D-limonene, dipentene is the cheapest, as it can be easily manufactured and refined to obtain the desired product. With the help of advancements in manufacturing process, the manufacturers can devise methods through which they can efficiently produce dipentine in bulk so that they have an upper hand as compared to its competitors, this move can also prove to be an opportunity for the market players to establish their hold on the consumers.

Dipentene Market: Region-wise Outlook

Asia Pacific is the leading consumer as well as manufacturer of dipentene. The rising number of rubber processing companies in China, India, and Japan is expected to increase the demand for dipentene in this region. Europe is considered to be the next leading consumer of dipentene, due to presence of several processing units in Germany and the U.K. The market for dipentene in North America is still in its development stage. However, the rising consumption of dipentene in the U.S. is expected to provide sufficient growth opportunities for the market for dipentene in North America.

In Latin America and Middle East & Africa, the growth rate of the market is lower, as there are less number of processing and manufacturing units in comparison to the other regions.

Dipentene Market: Key Players

Some of the key players operating in the dipentene market are Himachal Terepene Products, Green Pine Industries, Mentha & Allied Products Pvt Ltd., Opus Lubricants, Brenntag, and Interstate Commodities Corp.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
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