Crude Sulfate Turpentine Market: Size & Share, Analysis, Business Development Trends, High Growth and Forecast-2027

Crude sulfate turpentine is a chemical product which is burned for energy recovery. Crude sulfate turpentine is extracted during kraft wood pulping process which is further sold as a commodity. The procedure separates cellulose fibers which are used to manufacture paper. Crude sulfate turpentine is itself a fuel that contains organic compounds mainly alpha-pinene and beta-pinene and other terpenes. The technology for crude sulfate turpentine includes extraction of terpen hydrocarbons vapors from evaporators and digester and separate it from turpentine water. Crude sulfate turpentine act as a feedstock for the manufacturer who produces pinenes, flavorings, polymer additives, pine oil, fragrances and turpentine oil. Turpentine oil is extracted from oleoresin which is collected from a tree. Turpentine is used as a commercial fuel source an alternative to fossil fuels in applications such as lamps, furnaces, industrial boilers and rocket fuels. Crude sulfate turpentine has a low healing value of around 17,000 to 19,000 Btu/lb compared to other fuels such as diesel, gasoline, and propane.

Crude Sulfate Turpentine Market:Drivers and Restraints

Crude sulfate turpentine market is witnessing maximum growth owing to increase in demand for bio-friendly products and high consumption of personal care and household products. Moreover, increase in the production of chemical products from turpentine which is used as a solvent, fragrance agent and flavor are some other factors expected to fuel the growth of global Crude Sulfate Turpentine market. However, decreasing consumption of the products produce from crude sulfate turpentine along with decreasing paper mill production, availability of less expensive petroleum based products and less recovery of black liquor from Kraft wood pulping process are some of the factors that hamper the growth of crude sulfate turpentine market.

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Crude Sulfate Turpentine Market:Segmentation

The Crude Sulfate Turpentine market has been classified on the basis of product type, and application.

Based on product type, the crude sulfate turpentine market is segmented into the following:

Camphene
Limonene
Alpha-pinene
Beta-pinene
Delta 3 Carene
Others

Based on application, the crude sulfate turpentine market is segmented into the following:

Paints & Printing Inks
Aromatic Chemicals
Camphor
Adhesives
Others

Crude Sulfate Turpentine Market:Overview

Crude sulfate turpentine accounts for 96% to the overall turpentine production in the US. Turpentine produced in the US is mainly of alpha-pinene accounted for 85% followed by camphene and limonene. It is the commonly used paint and varnish thinner. Based on product type, Delta 3 Carene is expected to be the fastest growing segment in near future owing to increase in the use of turpentine as a solvent for resins. Based on applications, aromatic chemicals accounted for largest market share owing to the high use of crude sulfate turpentine in FMCG products such as air fresheners, soaps, and deodorants.

Crude Sulfate Turpentine Market: Region-wise Outlook

Depending on the geographic region, Crude Sulfate Turpentine market is segmented into seven key regions: North America, Latin America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa. North America dominates the crude sulfate turpentine market followed by Europe, Japan owing to the largest source of terpenes, low cost of crude sulfate turpentine, presence of large manufacturers of aromatic chemicals and paints that consume crude sulfate turpentine material, and high export of Crude Sulfate Turpentine to other countries worldwide. Asia Pacific, Middle East and Africa hold huge potential and shows substantial growth owing to increase in the consumption of personal care products among the population to maintain hygiene.

Crude Sulfate Turpentine Market:Key Players

Key players of Crude Sulfate Turpentine market are Dujodwala Paper Chemicals Ltd., Arizona Chemical Company LLC, International Flavors & Fragrances Inc., Pine Chemical Group, Lawter Inc., Privi Organics Limited, HARTING Technology Group, Derives Resiniques et Terpeniqes, Privi Organics Limited, and Renessenz LLC.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology, material, and applications.

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The report covers exhaustive analysis on:

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain

Regional analysis includes

North America (U.S., Canada)
Latin America (Mexico, Brazil, Argentina)
Western Europe (Germany, Italy, U.K, Spain, France, Nordic, Rest of Western Europe)
Eastern Europe (Russia, Poland)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, N. Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint

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