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Showing posts with the label Crude Sulfate Turpentine Market Trend

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, adhe