/PRNewswire/ The agarwood essential oil market is segmented by application (cosmetics and personal care, incense, therapeutics, and others), type (natural.
BANGKOK: Thailand’s producers of oud are rushing to enter Saudi Arabia’s perfume market with the fragrant resin coveted in the Middle East, as they seek a new world of opportunities after a recent resumption of ties between the two kingdoms. Known as “liquid gold,” oud oil is derived from increasingly rare agarwood trees and has been the basis of many high-end fragrances.