Chemical Market Reports D-Limonene Market Research Report : Hexa Research | Page 3
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The U.S. market is the largest market for limonene in terms of use and revenue and is
expected to remain so in coming years. European region is also a developed market for
D-Limonene and limonene products but the Central and South American market is
anticipated to be the fastest growing market. This is mainly attributed to the emerging
economy of Brazil and the orange production and export.
The limonene market is characterized by many industry participants such as,
Moellhausen SPA, Florida Chemical Company, Lemon Consentrate S.L., XR-2000, Inc.,
Schepise Chemical Sales, LLC, Orchidia Fragrances, Sharp Methanol India Ltd,
Citroflavor Essential Oils, Hunter Sales, Inc., EZclean and Frutech International. The
major focus of these companies is to achieve lower prices and to develop products with
niche application and their investments are driven in the same direction.
In 2015, the D-Limonene market was adversely affected by the Endemic Citrus
Greening, a disease affecting all types of oranges, tangerine and its derivatives
especially the Central and South American produce. This situation created a dramatic
rise in the world-wide prices and a steep decline in the supply and production of
limonene and its derivatives.
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