Pine-derived Chemicals Sales Market Competitive Analysis till 2028

Pine-derived Chemicals Sales Market” Research Report Growth (2023-2028):

Pine-derived chemicals are chemicals derived from pine tree. Generally, they include tall oil fatty acid (TOFA), tall oil rosin (TOR), gum turpentine (GT), gum rosin (GR) and others (sterols, pitch, CST and its derivatives).
Market Analysis and Insights: Global Pine-derived Chemicals Market
Due to the COVID-19 pandemic, the global Pine-derived Chemicals market size is estimated to be worth USD 4511 million in 2022 and is forecast to a readjusted size of USD 4511 million by 2028 with a CAGR of 3.0% during the review period. Fully considering the economic change by this health crisis, by Type accounting for Percent of the Pine-derived Chemicals global market in 2022, is projected to value USD million by 2028, growing at a revised Percent CAGR in the post-COVID-19 period. While by Type segment is altered to an Percent CAGR throughout this forecast period.
Global Pine-derived Chemicals key players include Kraton company(Arizona Chemical Company), Ingevity Corporation, WestRock(MeadWestvaco), Eastman Chemical, Arakawa Chemical Industries, etc. Global top five manufacturers hold a share about 35%. North America is the largest market, with a share about 35%, followed by Europe and China, both with a share about 25 percent. In terms of product, Gum Rosin (GR) is the largest segment, with a share about 40%. And in terms of application, the largest application is Adhesives & Sealants, followed by Printing Inks, Paints & Coatings, Surfactants, etc.
Global Pine-derived Chemicals Scope and Market Size
The global Pine-derived Chemicals market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Pine-derived Chemicals market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.

List of TOP KEY PLAYERS in Pine-derived Chemicals Sales Market Report are –

Related Articles

Back to top button