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In this report, global Pine-derived Chemicals Market will reach 4671.72 Million USD by the end of 2022 with a CAGR of 3.41%
The global Pine-derived Chemicals market was valued at 3951.53 Million USD in 2017 and will reach 4671.72 Million USD by the end of 2022, growing at a CAGR of 3.41% during 2017-2022.
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).
Pine-derived Chemicals can be divided into five categories: Gum Rosin (GR) type, Tall Oil Fatty Acid (TOFA) type, Tall Oil Rosin (TOR) type, Gum Turpentine (GT) type and other type. Gum Rosin (GR) type accounted for the highest proportion in production market, with a figure of 41.83% in 2016, followed by Tall Oil Fatty Acid (TOFA) type, account for 18.34% and Tall Oil Rosin (TOR)-
type account for 17.60%.
The consumption market share of global Pine-derived Chemicals in Adhesives & Sealants uses, Printing Inks use, Paints & Coatings use, Surfactants use and other applications have been stable year by year, at 33.39%, 31.75%, 17.12%, 7.25% and 10.49% respectively in 2016, and for several consecutive years, the amplitude was within two percent. This indicates that the segment of the Pine-derived Chemicals in the global market tends to be fixed without great changes. Among them, the Pine-derived Chemicals market has the most promising sales prospects in Adhesives & Sealants
use.
XYZ research center data shows that North America is the biggest contributor to the Pine-derived Chemicals revenue market, accounted for 34.69% of the total global market with a revenue of 1333.97 million USD in 2017, followed by Europe, 24.68% with a revenue of 949.16 million USD.
Kraton company(Arizona Chemical Company) is the largest company in the global Pine-derived Chemicals market, accounted for 12.57% of the revenue market share in 2017, followed by Ingevity Corporation and WestRock(MeadWestvaco), accounted for 7.38% and 5.93% of the revenue market share in 2017. The Pine-derived Chemicals industry is not concentrated, these manufacturers range from large multinational corporations to small privately-owned companies compete in this industry. The top five producers account for above 35% of the revenue market.
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (M USD), market share and growth rate of Pine-derived Chemicals in these regions, from 2014 to 2026 (forecast), covering
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- South America (Brazil, Argentina, Columbia)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Global Pine-derived Chemicals market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
- Kraton Company (Arizona Chemical Company)
- Ingevity Corporation
- WestRock (MeadWestvaco)
- Forchem
- Eastman Chemical
- Harima Chemicals
- Mentha & Allied Products
- Arakawa Chemical Industries
- Florachem
- Georgia-Pacific Chemicals
- DRT
- Wuzhou Sun Shine Forestry and Chemicals
- Guilin Songquan Forest Chemical
- Foreverest Resources
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
- Gum Rosin (GR)
- Tall Oil Fatty Acid (TOFA)
- Tall Oil Rosin (TOR)
- Gum Turpentine (GT)
- Others
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Pine-derived Chemicals for each application, including
- Adhesives & Sealants
- Printing Inks
- Paints & Coatings
- Surfactants
- Others
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