Crude Sulphate Turpentine Industry to grow with CAGR of 5.2% Till 2031 | Top Companies are Stora Enso, WestRock Company, VladaChem GmbH, LGC Limited, Harima Chemicals Group

The Crude Sulphate Turpentine Market size growing at a CAGR of 5.2% during the forecast period (2024-2031).

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Latest M&A

Kraton Corporation, a leading global sustainable producer of biobased products from pine wood pulping co-products, continues strategic acquisitions and partnerships to expand its crude sulfate turpentine portfolio and strengthen downstream applications.​

Firmenich merged with DSM to form DSM-Firmenich, now a global leader in aroma ingredients and specialty chemicals including crude sulfate turpentine derivatives, boosting supply chain integration and innovation capabilities.

Key Players:

International Paper, Georgia-Pacific Chemicals, Metsä Fibre, Kraton Corporation, International Flavors & Fragrances Inc, Pine Chemical Group, Stora Enso, WestRock Company, VladaChem GmbH, LGC Limited, Harima Chemicals Group, OOO Torgoviy Dom Lesokhimik, BOC Sciences

Latest Product Launches

Krasnorechensk Machine-Building Plant in Russia launched new turpentine-based solvents aimed at sustainable industrial cleaning applications, complying with emerging eco-friendly regulations.​

Signify introduced its first LED tube in Europe made using 40% post-consumer recycled plastics, highlighting indirect use of turpentine derivatives in polymer production

Growth Forecast Projection:

The Global Crude Sulphate Turpentine Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2032. In 2024, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Crude Sulphate Turpentine Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segmentation:

By Application: (Aromatic Chemicals, Camphor, Resins, Industrial Chemicals, Paints and Printing Inks, Personal Care Products, Others)

By Type: (Delta-3-Carene, Alpha-Pinene, Beta-Pinene, Camphene, Limonene)

By Usage: (Direct Usage, Indirect Usage)

Regional Analysis for Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among Crude Sulphate Turpentine producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze Crude Sulphate Turpentine revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

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Latest Investments

Weyerhaeuser Company completed a $375 million acquisition of 117,000 acres of premium timberlands in U.S. South and North Carolina, securing sustainable pine feedstock crucial for crude sulfate turpentine raw material supply and production.​

CordenPharma is investing €900 million to expand peptide and specialty chemical production capacity, with crude sulfate turpentine-based intermediates integrated in specialty chemical manufacturing.​

Asia-Pacific is the fastest growing region for CST market, driven by policy support and rising industrial demand from China, India, and South Korea.

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Project Hubs

North Carolina and Virginia in the U.S. are leading hubs with extensive pine plantations supplying raw materials for crude sulfate turpentine production, enabling robust feedstock quality and quantity for manufacturers.​

India's manufacturing base is growing with indigenous technologies for water-soluble polymers and CST derivatives in Pune and surrounding industrial regions.​

European companies are upgrading refining and distillation facilities to optimize turpentine derivatives for adhesives, coatings, and aroma chemicals to meet high demand in the personal care and pharmaceutical sectors.

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