Crude Sulfate Turpentine Market
Crude Sulfate Turpentine Market Study by Alpha-pinene, Beta-pinene, Limonene, Camphene, 3-Carene, and Terpinolene from 2024 to 2034
Analysis of Crude Sulfate Turpentine Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Crude Sulfate Turpentine Market Outlook (2024 to 2034)
Fact.MR, in its latest market research report, reveals that the global crude sulfate turpentine market size is expected to be valued at US$ 592 million in 2024. Worldwide demand for crude sulfate turpentine (CST) is forecasted to rise at a 5.1% CAGR and reach a market value of US$ 974 million by 2034-end. High sales of crude sulfate turpentine are due to its widespread adoption as a feedstock in the manufacturing of several chemicals, including solvents, flavors, fragrances, and synthetic resins.
Terpenes are contained in CST and are pivotal components used in the fragrance & flavor sector. It is utilized to produce natural flavors and scents that are gaining preference among consumers.
Key Market Growth Drivers
- Growing emphasis on reducing the environmental impact of products and sustainability is predicted to stimulate the adoption of renewable and bio-based raw materials. Crude sulfate turpentine, a byproduct of the paper & pulp sector, is used as a sustainable resource.
- Constant R&D activities in several industries are projected to result in the exploration of several applications of crude sulfate turpentine. With the evolution of technology, the potential use of crude sulfate turpentine is anticipated to increase.
Government policies and environmental regulations aim to minimize reliance on fossil fuels and emphasize the use of renewable resources. This is further predicted to positively influence demand for crude sulfate turpentine as a sustainable and bio-based alternative to convention options.
Industrial growth and economic conditions in several regions are estimated to bolster demand for crude sulfate turpentine. Industrial growth generally correlates with the rising demand for bio-based materials and chemicals, including CST.
Increasing preference for sustainable products over petroleum-based chemicals is attributed to growing environmental concerns and an inclination towards sustainability. Crude sulfate turpentine is one of the popular substitutes for certain petroleum-based alternatives.
Regulatory shifts, changing consumer preferences towards sustainability, and environmental concerns contribute positively to the global demand for crude sulfate turpentine. As a result, crude sulfate turpentine is predicted to emerge prominently as a bio-based resource across various industries.
Report Attributes | Details |
---|---|
Crude Sulfate Turpentine Market Size (2023A) | US$ 563.1 Million |
Estimated Market Value (2024E) | US$ 592 Million |
Forecasted Market Value (2034F) | US$ 974 Million |
Global Market Growth Rate (2024 to 2034) | 5.1% CAGR |
North America Market Share (2023) | 50% |
Alpha-pinene Segment Share (2023) | 52.7% |
Key Companies Profiled | DRT; Stora Enso OYJ; Arizona Chemicals; Kraton Corporation; Pine Chemical Corporation; Stora Enso; Takasago International Corporation; Symrise; Metsa Fibre; Torgoviy Dom Lesokhimik; West Rock |
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Why is Crude Sulfate Turpentine a Popular Agent for Varnishes and Paints?
“Extensive Application of Crude Sulfate Turpentine as Solvent and Diluent”
Crude sulfate turpentine is used extensively as a paint thinner not only for artistic but also in household coatings. Earlier, it used to be adopted to dilute the ink of printers. Owing to constant technological advancements, crude sulfate turpentine is used as a diluent or solvent for multiple products, including oils, resins, modified or natural binders, polishes, and paints.
In several other oil-based coating and paint formulations, peroxidation that is derived from crude sulfate turpentine accelerates the drying process of oil and similar film formers. This extensive adoption of crude sulfate turpentine is predicted to make it a pivotal ingredient for varnishes and paints.
“Growing Demand for Crude Sulfate Turpentine from Pharmaceutical Sector”
The alpha-pinene variant of crude sulfate turpentine finds significant use in the essential oil industry, showcasing effective performance in human pulmonary uptake and demonstrating high bioavailability. Further, it supplements several dementia drugs and enhances cholinergic activity if used in small concentrations. Drugs with alpha-pinene constituents protect the lungs and pancreas against infection. It can also inhibit the death of some cells and treat pancreatic cancer.
What Challenges are Predicted to Cast Dark Shadows on Market Expansion?
“Harmful Effects Associated with Toxic Vapors and Gases from Crude Sulfate Turpentine”
Toxic vapors and gases, including monoxide and some products of terpenes that originate from the process of auto-oxidation, may spark fire in confined areas. It is crucial to store crude sulfate turpentine away from open flames, heat sources, sparks, etc., to safeguard its safety; failure to do so can lead to potentially serious consequences.
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How are Start-ups Securing Their Position in the Market?
“Preference for Eco-friendly Products Prompting Investments in Sustainable Production”
A growing number of consumers are embracing eco-friendly products, driving the demand for crude sulfate turpentine in various aroma chemicals. Start-ups can gain a competitive edge by investing in the production of more efficient and environmentally friendly products.
Country-wise Insights
North America is predicted to emerge as a prominent regional supplier of crude sulfate turpentine. The region accounted for 50% share of the global market revenue in 2023. Crude sulfate turpentine market growth is attributed to the development of several bio-refineries there.
The rising trend of “all natural” in cosmetics & personal care products is predicted to contribute to the growing demand for crude sulfate turpentine in Europe. Moreover, the presence of some prominent manufacturers of personal care products in Germany, France, the United Kingdom, etc., is anticipated to favor market growth.
Why are Crude Sulfate Turpentine Suppliers Investing in the United States?
“FDA Approval for Turpentine Spirits Stimulating Usage in Pharmaceutical Production”
A study by Fact.MR, a market research and competitive intelligence provider, asserts that the United States held 18.5% share of the North American market in 2023.
The United States FDA has approved turpentine spirits, recognizing them as crucial ingredients in various formulations for drug products. This is expected to expand the application of crude sulfate turpentine in the pharmaceutical industry. It is employed in treatments for fever and cold, menstrual drug products, expectorant drug products, and nasal drug products.
Crude sulfate turpentine is emerging as a pivotal ingredient in multiple food applications. Further, the FDA also listed it as a natural flavoring substance, thus contributing to its use in adhesives for food packaging purposes.
What Makes India a Profitable Market for Crude Sulfate Turpentine Producers?
“Government Support for Local Production of Crude Sulfate Turpentine”
Sales of crude sulfate turpentine in India reached a value of US$ 13.17 million in 2023. The government of India is supporting the production of crude sulfate turpentine locally. This initiative is predicted to create a gateway for its use in several industries, including chemical, bio-fuels, pulp & paper, paints, and petrochemicals. India is a hub for flora and fauna, which gives it access to resources used to manufacture crude sulfate turpentine from pines.
What is Driving Consumption of Crude Sulfate Turpentine in France and the United Kingdom?
“Extensive Use of Crude Sulfate Turpentine in Furniture Varnishes and Polishes”
France held 40% share of the European market in 2023. The United Kingdom and France are prominent markets in Europe that are contributing to increased demand for crude sulfate turpentine. This chemical is used extensively in furniture varnishes and polishes to provide a strong structure to aesthetics in home settings. It is utilized as a metal polish or protective coating with beeswax and linseed oil. In the United Kingdom, it is used in the pottery and ceramic coating sectors as well.
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Category-wise Insights
The oil variant of crude sulfate turpentine accounted for 90% of global crude sulfate turpentine market share in 2023 owing to its versatility, sustainability, natural origin, and compatibility with different industries.
Which Type of Crude Sulfate Turpentine is in High Demand?
“Safe and User-friendly Profile of Alpha-pine Contributing to Increased Demand”
Alpha-pinene held 52.7% share of global market revenue in 2023, as per Fact.MR’s report. Alpha-pinene is employed as a flavoring and anti-inflammatory agent and is used in many skincare products and the fragrance industry. Several brands use alpha-pinene as a scenting agent in oil diffusers due to its sharp pine and cedar wood profile. The unique therapeutic effects of alpha-pinene contribute significantly to the entourage effects of medicinal extracts based on cannabis.
Pharmaceutical manufacturers are not limiting themselves to natural medicines with the application of crude sulfate turpentine. Its flexibility in polymer synthesis is predicted to contribute to increased use in the production of more effective and qualitative polymers. The safe profile of alpha-pinene allows its use in a wide range of chemicals.
Why is Use of Crude Sulfate Turpentine Increasing in Wellness Products?
“Therapeutic Benefits of Crude Sulfate Turpentine Propelling Use in Veterinary Medicine”
Worldwide demand for crude sulfate turpentine is increasing owing to its diverse applications in several industries, including veterinary medicine, tires, cosmetics & personal care, printing, rubber, and plastics.
According to Fact.MR, use of crude sulfate turpentine in veterinary medicines is forecasted to increase significantly. It is a sustainable and natural source of terpene compound and is sourced from pine trees. Therapeutic benefits of crude sulfate turpentine are forecasted to propel its demand in several wellness products and veterinary medicines.
Market Competition
Leading crude sulfate turpentine manufacturers are investing substantially in the efficient management of supply chain systems, new developments, ensuring quality control of products, etc. Collaborations, acquisitions, etc., are some prominent strategies adopted by key players to earn a competitive edge.
For instance :
- Weyerhaeuser Company, in May 2022, acquired 80,800 acres of timberlands with many pine trees in South and North Carolina. Campbell Global helped the company with a US$ 265 million fund for this acquisition.
Key players in the crude sulfate turpentine market are DRT, Stora Enso OYJ, Arizona Chemicals, Kraton Corporation, Pine Chemical Corporation, Storaenzo, Takasago International Corporation, Symrise, Metsa Fibre, Torgoviy Dom Lesokhimik, and West Rock.
Segmentation of Crude Sulfate Turpentine Market Research
-
By Product Type :
- Alpha-pinene
- Beta-pinene
- Limonene
- Camphene
- 3-Carene
- Terpinolene
-
By Source :
- Oil
- Powder
-
By Processing Method :
- Steam-distilled
- Destructively-distilled
- Sulfate-distilled
- Sulfite-distilled
-
By Application :
- Printing
- Veterinary Medicines
- Cosmetics & Personal Care
- Tires
- Plastics
- Rubber
-
By Region :
- North America
- Europe
- East Asia
- Latin America
- Middle East & Africa
- South Asia & Oceania
Table of Content
- 1. Global Market - Executive Summary
- 2. Global Market Overview
- 3. Key Market Trends
- 4. Market Background
- 5. Global Market Size (US$ Mn) & Volume (Tons) and Forecast, 2018 to 2034
- 6. Global Market Pricing Analysis
- 7. Global Market Value (US$ Mn) & Volume (Tons) Analysis and Forecast 2018 to 2034
- 7.1. Global Market Value (US$ Mn) & Volume (Tons) Analysis 2018 to 2023 and Forecast 2024 to 2034, by Derivatives
- 7.1.1. Alpha-Pinene
- 7.1.2. Beta Pinene
- 7.1.3. Delta-3-Carene
- 7.1.4. Camphene
- 7.1.5. Limonene
- 7.2. Global Market Value (US$ Mn) & Volume (Tons) Analysis 2018 to 2023 and Forecast 2024 to 2034, by Application
- 7.2.1. Fragrances
- 7.2.2. Camphor
- 7.2.3. Resins
- 7.2.4. Others
- 7.3. Global Market Value (US$ Mn) & Volume (Tons) Analysis 2018 to 2023 and Forecast 2024 to 2034, by Region
- 7.3.1. North America
- 7.3.2. Latin America
- 7.3.3. Europe
- 7.3.4. APAC
- 7.3.5. MEA
- 7.1. Global Market Value (US$ Mn) & Volume (Tons) Analysis 2018 to 2023 and Forecast 2024 to 2034, by Derivatives
- 8. North America Market Value (US$ Mn) & Volume (Tons) Analysis and Forecast 2018 to 2034
- 9. Latin America Market Value (US$ Mn) & Volume (Tons) Analysis and Forecast 2018 to 2034
- 10. Europe Market Value (US$ Mn) & Volume (Tons) Analysis and Forecast 2018 to 2034
- 11. APAC Market Value (US$ Mn) & Volume (Tons) Analysis and Forecast 2018 to 2034
- 12. MEA Market Value (US$ Mn) & Volume (Tons) Analysis and Forecast 2018 to 2034
- 13. Global Market - Emerging Countries Analysis
- 14. Competitive Assessment
- 15. Company Profiles
- 15.1. DRT
- 15.2. Pine Chemical Corporation
- 15.3. Kraton Corporation
- 15.4. Arizona Chemicals
- 15.5. Stora Enso OYJ
- 16. Fact.MR Research Methodology
- 17. Disclaimer & Contact Information
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List Of Table
TABLE 01: Global Market Value (US$ Mn) & Volume (Tons), 2018 to 2023
TABLE 02: Global Market Value (US$ Mn) & Volume (Tons), 2024 to 2034
TABLE 03: Global Market Value (US$ Mn) & Volume (Tons) and Y-o-Y, 2018 to 2034
TABLE 04: Global Alpha-Pinene Segment Value (US$ Mn) & Volume (Tons), By Region 2018 to 2023
TABLE 05: Global Alpha-Pinene Segment Value (US$ Mn) & Volume (Tons), By Region 2024 to 2034
TABLE 06: Global Alpha-Pinene Segment Market Share, By Region 2018 to 2023
TABLE 07: Global Alpha-Pinene Segment Market Share, By Region 2024 to 2034
TABLE 08: Global Alpha-Pinene Segment Y-o-Y, By Region 2018 to 2034
TABLE 09: Global Beta-Pinene Segment Value (US$ Mn) & Volume (Tons), By Region 2018 to 2023
TABLE 10: Global Beta-Pinene Segment Value (US$ Mn) & Volume (Tons), By Region 2024 to 2034
TABLE 11: Global Beta-Pinene Segment Market Share, By Region 2018 to 2023
TABLE 12: Global Beta-Pinene Segment Market Share, By Region 2024 to 2034
TABLE 13: Global Beta-Pinene Segment Y-o-Y, By Region 2018 to 2034
TABLE 14: Global Delta-3-Carene Segment Value (US$ Mn) & Volume (Tons), By Region 2018 to 2023
TABLE 15: Global Delta-3-Carene Segment Value (US$ Mn) & Volume (Tons), By Region 2024 to 2034
TABLE 16: Global Delta-3-Carene Segment Market Share, By Region 2018 to 2023
TABLE 17: Global Delta-3-Carene Segment Market Share, By Region 2024 to 2034
TABLE 18: Global Delta-3-Carene Segment Y-o-Y, By Region 2018 to 2034
TABLE 19: Global Camphene Segment Value (US$ Mn) & Volume (Tons), By Region 2018 to 2023
TABLE 20: Global Camphene Segment Value (US$ Mn) & Volume (Tons), By Region 2024 to 2034
TABLE 21: Global Camphene Segment Market Share, By Region 2018 to 2023
TABLE 22: Global Camphene Segment Market Share, By Region 2024 to 2034
TABLE 23: Global Camphene Segment Y-o-Y, By Region 2018 to 2034
TABLE 24: Global Limonene Segment Value (US$ Mn) & Volume (Tons), By Region 2018 to 2023
TABLE 25: Global Limonene Segment Value (US$ Mn) & Volume (Tons), By Region 2024 to 2034
TABLE 26: Global Limonene Segment Market Share, By Region 2018 to 2023
TABLE 27: Global Limonene Segment Market Share, By Region 2024 to 2034
TABLE 28: Global Limonene Segment Y-o-Y, By Region 2018 to 2034
TABLE 29: Global Fragrances Segment Value (US$ Mn) & Volume (Tons), By Region 2018 to 2023
TABLE 30: Global Fragrances Segment Value (US$ Mn) & Volume (Tons), By Region 2024 to 2034
TABLE 31: Global Fragrances Segment Market Share, By Region 2018 to 2023
TABLE 32: Global Fragrances Segment Market Share, By Region 2024 to 2034
TABLE 33: Global Fragrances Segment Y-o-Y, By Region 2018 to 2034
TABLE 34: Global Camphor Segment Value (US$ Mn) & Volume (Tons), By Region 2018 to 2023
TABLE 35: Global Camphor Segment Value (US$ Mn) & Volume (Tons), By Region 2024 to 2034
TABLE 36: Global Camphor Segment Market Share, By Region 2018 to 2023
TABLE 37: Global Camphor Segment Market Share, By Region 2024 to 2034
TABLE 38: Global Camphor Segment Y-o-Y, By Region 2018 to 2034
TABLE 39: Global Resins Segment Value (US$ Mn) & Volume (Tons), By Region 2018 to 2023
TABLE 40: Global Resins Segment Value (US$ Mn) & Volume (Tons), By Region 2024 to 2034
TABLE 41: Global Resins Segment Market Share, By Region 2018 to 2023
TABLE 42: Global Resins Segment Market Share, By Region 2024 to 2034
TABLE 43: Global Resins Segment Y-o-Y, By Region 2018 to 2034
TABLE 44: Global Others Segment Value (US$ Mn) & Volume (Tons), By Region 2018 to 2023
TABLE 45: Global Others Segment Value (US$ Mn) & Volume (Tons), By Region 2024 to 2034
TABLE 46: Global Others Segment Market Share, By Region 2018 to 2023
TABLE 47: Global Others Segment Market Share, By Region 2024 to 2034
TABLE 48: Global Others Segment Y-o-Y, By Region 2018 to 2034
TABLE 49: North America Market Value (US$ Mn) & Volume (Tons), By Country 2018 to 2023
TABLE 50: North America Market Value (US$ Mn) & Volume (Tons), By Country 2024 to 2034
TABLE 51: North America Market Value (US$ Mn) & Volume (Tons), By Derivatives 2018 to 2023
TABLE 52: North America Market Value (US$ Mn) & Volume (Tons), By Derivatives 2024 to 2034
TABLE 53: North America Market Value (US$ Mn) & Volume (Tons), By Application 2018 to 2023
TABLE 54: North America Market Value (US$ Mn) & Volume (Tons), By Application 2024 to 2034
TABLE 55: Latin America Market Value (US$ Mn) & Volume (Tons), By Country 2018 to 2023
TABLE 56: Latin America Market Value (US$ Mn) & Volume (Tons), By Country 2024 to 2034
TABLE 57: Latin America Market Value (US$ Mn) & Volume (Tons), By Derivatives 2018 to 2023
TABLE 58: Latin America Market Value (US$ Mn) & Volume (Tons), By Derivatives 2024 to 2034
TABLE 59: Latin America Market Value (US$ Mn) & Volume (Tons), By Application 2018 to 2023
TABLE 60: Latin America Market Value (US$ Mn) & Volume (Tons), By Application 2024 to 2034
TABLE 61: Europe Market Value (US$ Mn) & Volume (Tons), By Country 2018 to 2023
TABLE 62: Europe Market Value (US$ Mn) & Volume (Tons), By Country 2024 to 2034
TABLE 63: Europe Market Value (US$ Mn) & Volume (Tons), By Derivatives 2018 to 2023
TABLE 64: Europe Market Value (US$ Mn) & Volume (Tons), By Derivatives 2024 to 2034
TABLE 65: Europe Market Value (US$ Mn) & Volume (Tons), By Application 2018 to 2023
TABLE 66: Europe Market Value (US$ Mn) & Volume (Tons), By Application 2024 to 2034
TABLE 67: APAC Market Value (US$ Mn) & Volume (Tons), By Country 2018 to 2023
TABLE 68: APAC Market Value (US$ Mn) & Volume (Tons), By Country 2024 to 2034
TABLE 69: APAC Market Value (US$ Mn) & Volume (Tons), By Derivatives 2018 to 2023
TABLE 70: APAC Market Value (US$ Mn) & Volume (Tons), By Derivatives 2024 to 2034
TABLE 71: APAC Market Value (US$ Mn) & Volume (Tons), By Application 2018 to 2023
TABLE 72: APAC Market Value (US$ Mn) & Volume (Tons), By Application 2024 to 2034
TABLE 73: MEA Market Value (US$ Mn) & Volume (Tons), By Country 2018 to 2023
TABLE 74: MEA Market Value (US$ Mn) & Volume (Tons), By Country 2024 to 2034
TABLE 75: MEA Market Value (US$ Mn) & Volume (Tons), By Derivatives 2018 to 2023
TABLE 76: MEA Market Value (US$ Mn) & Volume (Tons), By Derivatives 2024 to 2034
TABLE 77: MEA Market Value (US$ Mn) & Volume (Tons), By Application 2018 to 2023
TABLE 78: MEA Market Value (US$ Mn) & Volume (Tons), By Application 2024 to 2034
TABLE 79: India Market Value (US$ Mn) & Volume (Tons), By Derivatives 2018 to 2023
TABLE 80: India Market Value (US$ Mn) & Volume (Tons), By Derivatives 2024 to 2034
TABLE 81: India Market Value (US$ Mn) & Volume (Tons), By Application 2018 to 2023
TABLE 82: India Market Value (US$ Mn) & Volume (Tons), By Application 2024 to 2034
TABLE 83: Mexico Market Value (US$ Mn) & Volume (Tons), By Derivatives 2018 to 2023
TABLE 84: Mexico Market Value (US$ Mn) & Volume (Tons), By Derivatives 2024 to 2034
TABLE 85: Mexico Market Value (US$ Mn) & Volume (Tons), By Application 2018 to 2023
TABLE 86: Mexico Market Value (US$ Mn) & Volume (Tons), By Application 2024 to 2034
TABLE 87: Israel Market Value (US$ Mn) & Volume (Tons), By Derivatives 2018 to 2023
TABLE 88: Israel Market Value (US$ Mn) & Volume (Tons), By Derivatives 2024 to 2034
TABLE 89: Israel Market Value (US$ Mn) & Volume (Tons), By Application 2018 to 2023
TABLE 90: Israel Market Value (US$ Mn) & Volume (Tons), By Application 2024 to 2034
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List Of Figures
FIG. 01: Global Market Value (US$ Mn), 2018 to 2023
FIG. 02: Global Market Value (US$ Mn) Forecast, 2024 to 2034
FIG. 03: Global Market Value (US$ Mn) and Y-o-Y, 2018 to 2034
FIG. 04: Global Alpha-Pinene Segment Market Value (US$ Mn) By Region, 2018 to 2023
FIG. 05: Global Alpha-Pinene Segment Market Value (US$ Mn) By Region, 2024 to 2034
FIG. 06: Global Alpha-Pinene Segment Y-o-Y Growth Rate, By Region, 2018 to 2034
FIG. 07: Global Beta-Pinene Segment Market Value (US$ Mn) By Region, 2018 to 2023
FIG. 08: Global Beta-Pinene Segment Market Value (US$ Mn) By Region, 2024 to 2034
FIG. 09: Global Beta-Pinene Segment Y-o-Y Growth Rate, By Region, 2018 to 2034
FIG. 10: Global Delta-3-Carene Segment Market Value (US$ Mn) By Region, 2018 to 2023
FIG. 11: Global Delta-3-Carene Segment Market Value (US$ Mn) By Region, 2024 to 2034
FIG. 12: Global Delta-3-Carene Segment Y-o-Y Growth Rate, By Region, 2018 to 2034
FIG. 13: Global Camphene Segment Market Value (US$ Mn) By Region, 2018 to 2023
FIG. 14: Global Camphene Segment Market Value (US$ Mn) By Region, 2024 to 2034
FIG. 15: Global Camphene Segment Y-o-Y Growth Rate, By Region, 2018 to 2034
FIG. 16: Global Limonene Segment Market Value (US$ Mn) By Region, 2018 to 2023
FIG. 17: Global Limonene Segment Market Value (US$ Mn) By Region, 2024 to 2034
FIG. 18: Global Limonene Segment Y-o-Y Growth Rate, By Region, 2018 to 2034
FIG. 19: Global Fragrances Segment Market Value (US$ Mn) By Region, 2018 to 2023
FIG. 20: Global Fragrances Segment Market Value (US$ Mn) By Region, 2024 to 2034
FIG. 21: Global Fragrances Segment Y-o-Y Growth Rate, By Region, 2018 to 2034
FIG. 22: Global Camphor Segment Market Value (US$ Mn) By Region, 2018 to 2023
FIG. 23: Global Camphor Segment Market Value (US$ Mn) By Region, 2024 to 2034
FIG. 24: Global Camphor Segment Y-o-Y Growth Rate, By Region, 2018 to 2034
FIG. 25: Global Resins Segment Market Value (US$ Mn) By Region, 2018 to 2023
FIG. 26: Global Resins Segment Market Value (US$ Mn) By Region, 2024 to 2034
FIG. 27: Global Resins Segment Y-o-Y Growth Rate, By Region, 2018 to 2034
FIG. 28: Global Others Segment Market Value (US$ Mn) By Region, 2018 to 2023
FIG. 29: Global Others Segment Market Value (US$ Mn) By Region, 2024 to 2034
FIG. 30: Global Others Segment Y-o-Y Growth Rate, By Region, 2018 to 2034
FIG. 31: North America Market Value (US$ Mn), By Country 2018 to 2023
FIG. 32: North America Market Value (US$ Mn), By Country 2024 to 2034
FIG. 33: North America Market Value (US$ Mn), By Derivatives 2018 to 2023
FIG. 34: North America Market Value (US$ Mn), By Derivatives 2024 to 2034
FIG. 35: North America Market Value (US$ Mn), By Application 2018 to 2023
FIG. 36: North America Market Value (US$ Mn), By Application 2024 to 2034
FIG. 37: Latin America Market Value (US$ Mn), By Country 2018 to 2023
FIG. 38: Latin America Market Value (US$ Mn), By Country 2024 to 2034
FIG. 39: Latin America Market Value (US$ Mn), By Derivatives 2018 to 2023
FIG. 40: Latin America Market Value (US$ Mn), By Derivatives 2024 to 2034
FIG. 41: Latin America Market Value (US$ Mn), By Application 2018 to 2023
FIG. 42: Latin America Market Value (US$ Mn), By Application 2024 to 2034
FIG. 43: Europe Market Value (US$ Mn), By Country 2018 to 2023
FIG. 44: Europe Market Value (US$ Mn), By Country 2024 to 2034
FIG. 45: Europe Market Value (US$ Mn), By Derivatives 2018 to 2023
FIG. 46: Europe Market Value (US$ Mn), By Derivatives 2024 to 2034
FIG. 47: Europe Market Value (US$ Mn), By Application 2018 to 2023
FIG. 48: Europe Market Value (US$ Mn), By Application 2024 to 2034
FIG. 49: APAC Market Value (US$ Mn), By Country 2018 to 2023
FIG. 50: APAC Market Value (US$ Mn), By Country 2024 to 2034
FIG. 51: APAC Market Value (US$ Mn), By Derivatives 2018 to 2023
FIG. 52: APAC Market Value (US$ Mn), By Derivatives 2024 to 2034
FIG. 53: APAC Market Value (US$ Mn), By 2018 to 2023
FIG. 54: APAC Market Value (US$ Mn), By Application 2024 to 2034
FIG. 55: MEA Market Value (US$ Mn), By Country 2018 to 2023
FIG. 56: MEA Market Value (US$ Mn), By Country 2024 to 2034
FIG. 57: MEA Market Value (US$ Mn), By Derivatives 2018 to 2023
FIG. 58: MEA Market Value (US$ Mn), By Derivatives 2024 to 2034
FIG. 59: MEA Market Value (US$ Mn), By Application 2018 to 2023
FIG. 60: MEA Market Value (US$ Mn), By Application 2024 to 2034
FIG. 61: India Market Value (US$ Mn), By Derivatives 2018 to 2023
FIG. 62: India Market Value (US$ Mn), By Derivatives 2024 to 2034
FIG. 63: India Market Value (US$ Mn), By Application 2018 to 2023
FIG. 64: India Market Value (US$ Mn), By Application 2024 to 2034
FIG. 65: Mexico Market Value (US$ Mn), By Derivatives 2018 to 2023
FIG. 66: Mexico Market Value (US$ Mn), By Derivatives 2024 to 2034
FIG. 67: Mexico Market Value (US$ Mn), By Application 2018 to 2023
FIG. 68: Mexico Market Value (US$ Mn), By Application 2024 to 2034
FIG. 69: Israel Market Value (US$ Mn), By Derivatives 2018 to 2023
FIG. 70: Israel Market Value (US$ Mn), By Derivatives 2024 to 2034
FIG. 71: Israel Market Value (US$ Mn), By Application 2018 to 2023
FIG. 72: Israel Market Value (US$ Mn), By Application 2024 to 2034
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Competitive landscape highlights only certain players
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- FAQs -
What was the valuation of the crude sulfate turpentine market in 2023?
The global crude sulfate turpentine market reached US$ 563.1 million in 2023.
What is the size of the crude sulfate turpentine market in 2024?
The crude sulfate turpentine stands at US$ 592 million in 2024.
What is the predicted valuation of the global market by 2034-end?
The market for crude sulfate turpentine is set to reach US$ 974 million by 2034-end.
What is the sales growth projection for crude sulfate turpentine?
Worldwide sales of crude sulfate turpentine are predicted to increase at a steady CAGR of 5.1% from 2024 to 2034.
How much share does North America hold of the global market?
North America accounted for a leading 50% share of the global market in 2023.
Can turpentine be used as fuel?
Turpentine is extracted from pine and adopted as an eco-friendly alternative to fossil fuels.