The terpenoids are a family of natural products defined as being those possessing a carbon skeleton based on isoprene units. This skeletal feature stems from their biosynthesis from mevalonic acid. They serve a wide range of functions in nature including defensive resins, pheromones, antioxidants, and the pigments responsible for vision. It is not surprising therefore that they are also of considerable importance commercially and find application as flavors, fragrances, agrochemicals, and pharmaceuticals. Volatile terpenoids, such as geraniol, linalool, citronellol, citral, and the ionones and damascones, are important in the flavor and fragrance industry. Campholenic aldehyde, the precursor for a range of sandalwood odored materials, is an example of a key terpenoid intermediate. Currently, the best‐known terpenoid pharmaceutical is probably the anticancer drug paclitaxel.
Industrial routes to terpenoid compounds comprise an interesting mixture of extraction from nature, partial synthesis from natural feedstocks and total synthesis from petrochemicals. In many instances, two or even all three of these possibilities exist in technocommercial equilibrium. Principal feedstocks include α‐pinene, β‐pinene, myrcene, limonene, isoprene, isobutylene, acetone, and acetylene.
In this article, a brief summary of the biosynthesis of terpenoids is followed by a description of the main industrial routes to those of commercial importance. The remainder comprises a series of monographs on the commercially more important members of the family including monoterpenes, oxygenated monoterpenoids, sesquiterpenoids, diterpenoids, triterpenoids, carotenoids, and terpenoid degradation products, such as the ionones, damascones, and ambergris chemicals.