In the first quarter of 2023, alpha-terpinol prices in Asia declined due to limited consumer purchasing power, leading to a supply-demand gap. However, the second quarter witnessed an upturn as downstream industries saw increased sales, yet production rates struggled to match demand, contributing to rising prices. In Europe, the first quarter saw an oversupply, driving up inventories amid weak demand and worker protests over poor working conditions, which continued into the second quarter, coupled with challenges in fragrance and flavors production and a weak economic environment. North America experienced a bearish trend in the first quarter, but the second quarter saw a price increase driven by higher procurement rates, reduced crude oil costs, and increased manufacturing rates.
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Definition
Alpha-terpinol is a natural terpene alcohol known for its pleasant lilac-like fragrance. It appears as a clear, colorless liquid and is characterized by its distinctive aromatic and antibacterial properties. This compound is versatile, finding use in various industrial and consumer applications. It is utilized in the production of perfumes, cosmetics, and pharmaceuticals due to its pleasing scent. Additionally, alpha-terpinol is employed in cleaning products for its antibacterial qualities. Its potential therapeutic benefits make it a valuable component in some pharmaceutical formulations. Alpha-terpinol's versatility and aromatic properties make it a valuable ingredient in several industries.
Key Details About the Alpha-Terpinol Price Trends:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on Alpha-terpinol in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.
The Alpha-Terpinol Price History, including India Alpha-terpinol price, USA Alpha-terpinol price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting the Alpha-Terpinol Price Trends:
Alpha-terpinol, a terpene alcohol, has a range of industrial applications due to its distinct properties. It is commonly used in the fragrance and perfume industry, where its pleasant lilac-like aroma enhances the olfactory profile of various products. Alpha-terpinol is also found in cosmetics, adding a fragrant touch and potential therapeutic benefits. Its antibacterial properties make it a valuable ingredient in cleaning products and disinfectants. In pharmaceuticals, it is utilized in some formulations, particularly in cough syrups and topical medications. Moreover, alpha-terpinol plays a role in insect repellents and pesticides due to its insect-repelling qualities. Its versatility and unique properties make it a valuable component in these industrial applications.
Key Players:
- Socer Brasil
- Alfa Aesar
- Santa Cruz Biotechnology
- Yasuhara Chemical
- Ernesti Ventos
- Wansong Forestry Perfume Manufacturing
- Shanghai Longsheng Chemical
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