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 contain tall oil fatty acid (TOFA), tall oil rosin (TOR), gum turpentine (GT), gum rosin (GR) and others (sterols, pitch, CST and its derivatives). During all pine-derived chemicals, tall oil fatty acid (TOFA) is a key product. In 2016, it took about 30.24% of total consumption. Gum rosin (GR) and Tall Oil Rosin (TOR) separately took a revenue share of 24.64% and 26.53%.
The chemicals derived from pine tree and its parts occur naturally. Thus, pine is a renewable source of chemicals that find applications across a diverse set of industries. Traditionally, these pine derived chemicals have been used in adhesives industry, construction industry and healthcare sector among the others. In the recent past, these pine derived chemicals have been used in applications such as in adhesives & sealants, printing inks, paints & coatings, and surfactants etc. Adhesives & sealants and printing inks are two major applications.

The Global Pine-derived Chemicals Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.

In the global Pine-derived Chemicals Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-

Kraton Corporation
Ingevity Corporation
Forchem
Eastman Chemical
Harima Chemicals
Arakawa Chemical Industries
Georgia-Pacific Chemicals
DRT
Wuzhou Sun Shine Forestry and Chemicals

In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :

Gum Rosin (GR)
Tall Oil Fatty Acid (TOFA)
Tall Oil Rosin (TOR)
Gum Turpentine (GT)
Others
In Market segmentation by applications :

Adhesives & Sealants
Printing Inks
Paints & Coatings
Surfactants
Others

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Pine-derived Chemicals Market for the forecast period 2023 - 2030?
• What are the driving forces in the Pine-derived Chemicals Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Pine-derived Chemicals industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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