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Crude Sulfate Turpentine Market Trend Outlook and Global Foresight to 2025

The market is projected to record a CAGR of 3.5% during the forecast period. Increasing product penetration in the aroma chemicals is anticipated to fuel the business growth. Product demand across varied applications including aroma chemicals, personal care, and home care products is expected to drive the market.

The Global Crude Sulfate Turpentine Market size is expected to reach at USD 806.2 million by 2025, according to a new report by Grand View Research, Inc.


Increasing preference towards bio-based products owing to superior advantages over synthetically-derived products will further augment the demand over the estimated period. Major industry participants are focusing on procuring sustainable feed stock and implementing effective production process.

They are shifting towards high bio renewable content products to ensure superior performance across end-use applications. Solvents manufacturer implementing carene as ingredient are targeting chemical processing, paints, adhesives industries to grab more opportunities by replacing chemical compounds like hydrocarbons, cement, and mineral spirits.

Carene is anticipated to be the fastest-growing segment in future owing to wide usage of the product in solvent production. Personal and home care application accounted for over 30% volume share in 2018.

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Increasing demand for flavors and fragrance with natural products will fuel the segment growth further. Rising product usage as a feedstock to manufacture polymer additives, turpentine oil, pine oil, and pinenes is also likely to contribute to the segment development.

Top Players of Crude Sulfate Turpentine Market:

Some of the key companies in this market are DRT, Kraton Corportation, Pine Chemicals Group, and ORGKHIM Biochemical Holding.

Market Segmentation of Crude Sulfate Turpentine Market:

The Global Crude Sulfate Turpentine Derivatives Market segmented on the basis of Product, Application, and Region.

By Product:

    Carene
    Terpineol
    Camphor
    Pinane Hydroperoxide
    Pure Alpha-pinene
    Beta-pinene
    Terpene Resins
    Limonene

By Application:

    Additives
    Adhesives
    Solvents
    Rubber Processing
    Aroma Chemicals
    Personal/Home Care Product

By Region:

    North America
    Europe
    Asia Pacific
    Central and South America
    MEA

Inquire about Crude Sulfate Turpentine Market with Our Experts @ https://www.grandviewresearch.com/inquiry/3806
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