Pine-derived Chemical Market
Pine-derived Chemical Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Pine-derived Chemical Market Size and Growth
The Pine-derived Chemical market is experiencing robust growth, driven by increasing demand for sustainable and eco-friendly products. The global market size is projected to reach approximately $25 billion by 2027, with significant expansion in bio-based chemicals and applications across various industries, including pharmaceuticals, cosmetics, and adhesives, influencing positive market conditions.
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Companies Covered
(Covid 19 Impact Covered)
◍ Kraton
◍ Ingevity
◍ WestRock
◍ Forchem
◍ Eastman Chemical
◍ Harima Chemicals
◍ Mentha & Allied Products
◍ Arakawa Chemical Industries
◍ Florachem
◍ Georgia-Pacific Chemicals
◍ DRT
The Pine-derived Chemical Market features key players like Kraton, Ingevity, and WestRock, who leverage sustainable pine sources for various chemical applications. Companies like Eastman, Forchem, and DRT innovate with new products, contributing to market growth. Sales revenues include Kraton ($646 million) and Ingevity ($892 million), enhancing industry expansion.
◍ Wuzhou Sun Shine Forestry and Chemicals
◍ Guilin Songquan Forest Chemical
◍ Foreverest Resources
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Market Segmentation
By Application
◍ Adhesives & Sealants
◍ Printing Inks
◍ Paints & Coatings
◍ Surfactants
◍ Others
By Product
◍ Gum Rosin (GR)
◍ Tall Oil Fatty Acid (TOFA) ◍ Tall Oil Rosin (TOR)
◍ Gum Turpentine (GT) ◍ Others
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Market Growth
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$ X Billion USD
