D – Limonene is an isomer of limonene which has a pleasant lemon like aroma. It is the most common terpene used in the chemical industry. D – Limonene is a major constituent in several citrus oils which include lemon, orange, mandarin and grapefruit. The pleasant aroma of d – limonene makes it applicable in wide range of end-user industries such as personal care products and cleaning products for electric and electronic items, furnishing and air care products among others. It is also used as food additive for flavor. Hence, high demand is experienced from wide range of end-user industries worldwide.

Personal care products accounted for major share of global d – limonene market in 2020 and are expected to increase in the near future. D – Limonene is used in wide range of products used on daily basis such as soaps, perfumes, lotions, creams, etc. These products make use of d – limonene as it has pleasant lemon like aroma. Hence, high demand is reported for d – limonene from the personal care products industry worldwide. Other applications such as air care products, cleaning and furnishing products are anticipated to fuel growth of global d – limonene market as it is used as fragrance agent in most of the cleaning chemicals. Food additive is also one among the applications contributing to the demand for d – limonene in the global market. It is used as a flavoring agent in the food & beverage industry. Therefore, the food industry is expected to contribute to the growth of d – limonene in the market in the near future. D – Limonene is used a solvent in the chemical industry. It is used as an alternative to ozone depleting chemicals and chlorofluorocarbons (CFC) thereby reducing the risk of potential pollutants. Hence, the chemical industry too is projected to boost high growth of global d – limonene market during the forecast period from 2021 to 2029.

D - Limonene market is expected to reach over US$ 594.1 Mn by 2029, growing at a CAGR of 4.8% during the forecast period 2021-2029.

Purpose of the Report

The purpose of this strategic research study titled “Global D - Limonene Market - Growth, Share, Opportunities, and Competitive Analysis, 2021 – 2029” is to provide company executives, industry investors, and industry participants with in-depth insights to enable them make informed strategic decisions regarding the opportunities in the global d - limonene market.

Target Audience

• Industry Investors
• D - Limonene Providers/Vendors
• Research Professionals
• Emerging Companies
• Raw Material Suppliers/ Buyers
• Product Suppliers/ Buyers
• Research Institutes

USP and Key Offerings

The report titled “Global D - Limonene Market - Growth, Share, Opportunities, and Competitive Analysis, 2021 – 2029” offers strategic insights into the global d - limonene market along with the market size and estimates for the duration 2021 to 2029. The said research study covers in-depth analysis of multiple market segments based on end-user applications, and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the leading d - limonene vendors, their expansion strategies, market positioning, and latest developments. Other in-depth analyses provided in the report include:

• Current and future market trends to justify the forthcoming attractive markets within d - limonene industry
• Market fuelers, market impediments, and their impact on the market growth
• In-depth competitive environment analysis
• Trailing 2-Year market size data (2019 – 2020)
• SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global d - limonene market, of growth, offering market size and estimates for the period from 2021 to 2029, keeping in mind the above mentioned factors.

Limonene which is also known as D – Limonene is a colorless liquid hydrocarbon which is classified as a cyclic terpene. D- Limonene usually has strong smell of oranges. It is a stable terpene which is used for a wide range of applications. Based on applications, the global D – Limonene market is segmented into personal care products, air care products, cleaning & furnishing care products, electrical & electronic devices, food additives and others. Personal care products accounted for major share of global d – limonene market in 2020 and are expected to increase in the near future. In personal care products, limonene is used in the formulations of after shave lotions, bubble baths, eye shadows and other cosmetic products. It is used as a solvent and fragrance ingredient in personal care products. The orange fragrance of limonene makes it suitable for use in various end-user industries. Food additives accounts for second largest segment of global d – limonene market and is expected to rise in the near future. D – Limonene is used as a flavoring agent in wide range of food products and beverages. Hence, high demand is reported for d – limonene from the food & beverage industry. D – Limonene is also used in production of air care products, cleaning and furnishing care products, electrical and electronic devices among others. These applications are also projected to boost high demand for d – limonene in the near future.

Based on geography, the global d – limonene market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. Latin America accounted for larger share of global d – limonene market in 2020 and is expected to experience moderate growth in the near future. Asia Pacific accounted as the second largest market for d – limonene and is anticipated to rise sharply in the near future. Growing demand for d – limonene from the food & beverage industry in the region is anticipated to boost growth of global d – limonene market. D – Limonene is reported to experience high demand from the personal care and cosmetic industry as it is used as a solvent in many cosmetic formulations. It is also used in manufacturing perfumes due to its fruity orange aroma. Therefore, d – limonene market is projected to rise in Asia Pacific. North America and Europe is expected to boost demand for d – limonene in the near future due to increased demand for countries such as U.S. in North America. Middle East & Africa is also projected to fuel growth of d – limonene during the forecast period from 2021 to 2029.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of D-Limonene market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the D-Limonene market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of D-Limonene market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2032.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the D-Limonene market?
• Which is the largest regional market for D-Limonene market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving D-Limonene market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the D-Limonene market worldwide?