On wine chemistry, good points about redox points and tannin polymerization. I’ll just add that there are entire wine chemistry textbooks : ) full many more flavor compounds and species that change over time, some affecting or masking fruit and floral aromatics and flavors. Hard to summarize all of this but I’ll give it a shot on the main issues that I have experienced and have had drilled in me.
I currently have a Pinot that after month 6 started to show di- and tri-sulfides, masking the fruit. Perhaps the most well know is mercaptans, but there are more than a dozen of these compounds and they are unstable, changing with time based on the wine’s redox (which can change with an initial after-bottling bump (6mo.) and also includes slow in-bottle oxygen intake via the cork/closure). Volatile sulphuric compounds bring “swampy”, sulfurous vegetable (onion, cabbage, etc), burnt rubber, earthy, fecal, etc., etc., type odors. Keep in mind that at low levels they can be barely, or not very perceptible, BUT nevertheless mask fruit and floral aromatics and flavors.
Same is true for Brett.-caused phenols.
Other compounds that change during bottle aging include fruity and floral esters (branched fatty acid ethyl esters (soapy, oily, candle-like) increase over time; straight-chained (fruity/floral) ethyl esters decrease); terpenes (floral, progressive release over time due to mild acid hydrolysis); glycosylated compounds such as ketones (due to hydrolysis; a bunch of these from buttery, butterscotch, to exotic floral and fruit…); and lactones (oak lactones not only persist, but increase over time; there are also grape-derived lactones that do the same, e.g. in Gerwurztraminer which like Riesling significantly changes over time).
So… like Larry said, this is Holy Grail stuff because all of this chemistry can be happening more or less significantly depending on the grape varietal, how many of these compounds (or their precursors) were released during fermentation (juice YAN?, native yeast? cultured yeast? Daily, twice daily or rare punch downs? Pump overs or délestage? Total skin contact, or gross lees time, Etc), cellar maturation style (reductive or a bit more oxidative with battonage and rackings prior to bottling?), bottle storage conditions, and a host of other reasons.