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Turpentine is a mixture of constituents. The type and amount of specific constituents is dependent on the type of pine tree, the geographical location of the trees, and the season of tree harvest. Turpentine is composed of terpenes, mainly the monoterpenes alpha-pinene and beta-pinene with lesser amounts of carene, camphene, dipentene, and terpinolene. For example, turpentine produced in the United States is made up primarily of a-pinene (75 to 85%) with varying amounts of ß-pinene (up to 3%), camphene (4 to 15%), limonene (dipentene, 5 to 15%), 3-carene, and terpinolene (percentages not provided).
Traditionally, turpentine has been employed as a solvent or cleaning agent for paints and varnishes and this is still often the case today, particularly in those countries where the pine trees are tapped. There are also some specialized uses, in the pharmaceutical industry, for example.
The global turpentine production, which measures output worldwide, was expected to reach xx tons in 2016 with an increase of xx% from its year-earlier level. The global turpentine market size is estimated to grow from USD xx million in 2011 to USD xx million by 2016, at an estimated CAGR of xx% between 2011 and 2016. With regards to this, key players of turpentine industry are expected to find potential opportunities in this market.
The global turpentine market report profiles some of the key technological developments in the recent times. It also profiles some of the leading players in the market and analyzes their key strategies. The competitive landscape section of the report provides a clear insight into the market share analysis of key industry players. The major players in the global turpentine market are Arizona Chemical, DRT, Pinova Holdings, Wuzhou Sun Shine, Mentha, Wuzhou Songhua, Sky Dragon Group, Jingdong Lion, Forestar, Guangdong Komo, etc.
The global turpentine industry is relatively fragmented, with the market share of Top 10 turpentine producers at xx%.