Press release
CTO Distillation Market: Size, Share, Growth, Analysis, Key Players, Revenue, | Valuates Reports
CTO Distillation Market SizeThe global CTO Distillation market is projected to grow from US$ 2590.5 million in 2024 to US$ 4065.4 million by 2030, at a Compound Annual Growth Rate (CAGR) of 7.8% during the forecast period.
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CTO Distillation Market
Crude Tall Oil (CTO) is a by-product of the kraft pulping process used by many paper mills. Tall oil soap is collected at the mills and then acidulated to make crude tall oil. It is a mixture of fatty acids, rosin and Rubber neutral materials and forms water-in-oil emulsions and stabilizes mud systems at high bottom-hole temperatures. The CTO can then be further refined through the fractionation process to separate it into the components of tall oil fatty acid, tall oil rosin, distilled tall oil, pitch and heads. (GP-CTO),
The major players in global CTO Distillation market include Kraton, Westrock (Ingevity), etc. The top 2 players hold over 50% of global shares. North America and Europe are main markets, they occupy about 70% of the global market. Tall Oil Rosin (TOR) and Tall Oil Pitch (TOP) are two main types, with a share over 60% altogher. Three key applications include Fuel and Additives, Adhesives & Sealants, Mining and Oilfield Chemicals, with a share about 70%.
In terms of production side, this report researches the CTO Distillation production, growth rate, market share by manufacturers and by region (region level and country level), from 2019 to 2024, and forecast to 2030.
In terms of consumption side, this report focuses on the sales of CTO Distillation by region (region level and country level), by company, by Type and by Application. from 2019 to 2024 and forecast to 2030.
Report Covers:
This report presents an overview of global market for CTO Distillation, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue/sales data for 2019 - 2024, estimates for 2024, and projections of CAGR through 2030.
This report researches the key producers of CTO Distillation, also provides the consumption of main regions and countries. Highlights of the upcoming market potential for CTO Distillation, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the CTO Distillation sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global CTO Distillation market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for CTO Distillation sales, projected growth trends, production technology, application and end-user industry.
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Segment by Type
• Tall Oil Rosin (TOR)
• Tall Oil Pitch (TOP)
• Distilled Tall Oil (DTO)
• Tall Oil Fatty Acids (TOFA)
Segment by Application
• Fuel and Additives
• Adhesives & Sealants
• Mining and Oilfield Chemicals
• Coating and Inks
• Rubber
• Surfactant
• Others
By Company
Kraton, Westrock, Forchem, Georgia-Pacific, Eastman, Harima, OOO Torgoviy Dom Lesokhimik, Lascaray, Segezha Group, IOP, DRT
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