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Pine-Derived Chemicals Market worth $6.8 billion by 2027 - Exclusive Report by MarketsandMarkets™
Based on type, the gum rosin segment is the largest segment in the overall pine-derived chemicals market. Gum rosin is the oldest and extensively consumed rosin and it finds its application in paints, coating, printing inks, rubber, soaps, electronics, and food industries. The high demand for gum rosin comes from the oil paint industry, where the carboxylation reaction of resin acid is used for producing resin used in paints, coating, and inks.
Based on source, the living trees segment is projected to account for the second-largest market share in the pine-derived chemicals market. Pine chemicals are extracted from living trees to obtain oleoresin or pine gum through a process known as tapping. Turpentine, a volatile component of these oleoresins is separated through a distillation process. This is largely practiced in areas of North America , Northern Europe , Russia , and across Asia .
Pine-Derived Chemicals Market
By application, the pine-derived chemicals market is segmented into adhesives & sealants, paints & coating, surfactants, printing inks, and other applications. Pine oils are used in paints & coating which improves the adhesion and works as a permanent coating. In a more environmentally conscious world, customers will want to use 'greener' paint & coating products that can lower the emission of harmful chemicals into the environment
By process, the pine-derived chemicals market is segmented into kraft process and tapping process. Most of the pine-derived companies in the world use the kraft process as the primary technique for extracting pine chemicals. The kraft process is beneficial in reducing environmental damage by reducing the impact of waste material generated from the pulping process.
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North America accounted for the largest region in the global pine-derived chemicals market in the forecast period. For the last few decades, the region has witnessed an increase in implementing new and innovative approaches in kraft process for extraction of pine chemicals. These factors have driven the market for construction, cosmetics, vitamin intermediates, pine oil disinfectants & insect repellents, fragrances & perfumes, and food & drink flavors in the region, which in turn, has contributed to the growth of the pine-derived chemicals market.
This report includes a study on the marketing and development strategies, along with the product portfolios of leading companies. It consists of profiles of leading companies, such as Kraton Corporation (US), Eastman Chemical Company (US), Georgia Pacific Chemicals LLC (US), among others.
by Adhesive Formulating Technology (Water-based, Solvent-based, Hot-melt, Reactive), Sealant Resin Type (Silicone, Polyurethane, Plastisol, Emulsion, Polysulfide, Butyl), Application, Region - Global Forecast to 2026 https://www.marketsandmarkets.com/Market-Reports/adhesive-sealants-market-421.html
by Type (Anionic, Non-Ionic, Cationic, and Amphoteric), Application (Home Care, Personal Care, Industrial & Institutional Cleaning, Textile, Elastomers & Plastics, Agrochemicals, and Food & Beverage), Region - Global Forecast to 2025
https://www.marketsandmarkets.com/Market-Reports/biosurfactants-market-493.html
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