Pine Chemicals Market 2021 Analysis and Research Report- Eastman Chemical Company, Harima Chemicals Group Inc., Ingevity Corporation, Kraton Corporation

The report presents an in-depth assessment of the Pine Chemicals Market including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Pine Chemicals from 2021 till 2025. The report covers the pre COVID-19 historic data, impact of COVID-19 and post-COVID-19 (Corona Virus) impact on various regions and major countries and on the future development of the industry is pointed out.

The market for pine chemicals is register a CAGR of more than 4% during the forecast period.

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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Pine Chemicals Market: Arakawa Chemical Industries Ltd, DRT (Dérivés Résiniques et Terpéniques), Eastman Chemical Company, Harima Chemicals Group Inc., Ingevity Corporation, Kraton Corporation, Pine Chemical Group, Mercer International, Forchem Oyj, Sunpine AB, OOO Torgoviy Dom Lesokhimik and others.

Regional Analysis For Pine Chemicals Market:

North America (The United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

Market Key Trends:

Rosin Products to Dominate the Market
- Rosin products accounted for more than 40% of the total pine chemicals market.
- Rosin is one of the primary products from processing CTO, and it is also recovered from tapping pine trees or extracting pine stumps.
- The unique functionality of rosin makes it a preferred source for ink and adhesive resins, chewing gum, drink stabilizers, and many other applications.
- Gum rosin is the major product type with more than 60% of the rosins market share. Gum rosin mainly is used as the concrete frothing agent, and floor tiling adhesive and also as an ingredient of heat melt adhesive, pressure sensitive adhesive and rubber adhesive. Rosin is mainly used for enhancing the strength, elasticity, and viscosity of adhesive.
- Gum rosin is sourced from a variety of pine species in China, Brazil, Indonesia, Mexico, Vietnam, and other countries. Moreover, China is the largest consumer of Rosin globally. China has a long history of applying gum rosin as insulation material in the cable industry. In addition, printing ink in China typically contains about 7% of rosin.
- With the help of growing demand from adhesives and printing inks industries and emerging applications, like wound care products, the rosin products segment is projected to influence the global fine chemicals market in the coming years.
- Hence, rosin products are likely to dominate the pine chemicals market during the forecast period.

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What are the market factors that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global Pine Chemicals Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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