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Global Pine Derived Chemicals Market 2018 Top Key Players Eastman Chemical Company, Harima Chemicals Group, Renessenz, MeadWestvaco Corporation and Arakawa Chemical Industries, DRT, Arizona Chemical Company, Georgia-Pacific Chemicals

Pine Derived Chemicals Market

Pine Derived Chemicals Market

Pine Derived Chemicals Market size is mainly driven by the increasing demand of the products in adhesive, paints & coatings, construction and healthcare sectors. Increasing focus towards natural and eco-friendly products, which has resulted in low CO2 emissions. may fuel product demand.


Tall oil rosins have positive application scope in the construction industry. Global construction market may surpass USD 10 trillion by 2024. These products are used as binder in cement, pavement marking and various other applications owing to durability, compressive strength and resistance to adverse weather conditions properties. Rapid industrialization and growing population will enhance the construction industry size and stimulate pine derived chemicals market size.

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Increasing application scope in adhesives & sealants industry should drive pine derived chemicals market size. Global adhesives and sealant market is likely to reach over USD 60 billion by 2024, and may register gains at over 5%. Gum rosin, produced from oleoresin of trees are used to enhance adhesives viscosity, plasticity and strength. Gum based adhesives are used for hot melt applications which promotes adhesion of hot melt adhesives for flooring, and packaging products.

Printing inks market may witness significant gains in the pine derived chemicals market size. Increasing opportunities in the packaging ink sector along with adoption of ecofriendly inks should drive printing ink market size. Printing ink resins are derived from renewable tall oil rosin which are used to produce high quality resin.

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Modified rosin esters are produced to meet application requirements in different printing inks formulations for specific printing methods.Asia Pacific, driven by India, Japan, South Korea and China pine derived chemicals market size may grow significantly owing to rising disposable income along with government support in p promoting these products. Suitable climate and operational benefits along with broad application scope and ease of doing business may drive regional growth.

Europe, led by UK, France, and Germany pine derived chemicals market size may have a stagnant growth due to unavailability of pine trees. Green construction market has strong application in wood products which are derived from pine trees, thereby driving the product demand.

Global pine derived chemicals market share is competitive and fragmented with prominent players like Eastman Chemical Company, Harima Chemicals Group, Renessenz, MeadWestvaco Corporation and Arakawa Chemical Industries, DRT, Arizona Chemical Company, Georgia-Pacific Chemicals, Foreverest Resources. and Mentha & Allied Products..

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About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
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