The global crude sulfate turpentine market is estimated at US$ 592 million in 2024, as per a study published by Fact.MR, a market research and competitive intelligence provider. Worldwide demand for crude sulfate turpentine oil is projected to increase at 5.1% CAGR from 2024 to 2034. Rising demand for bio-friendly products in several industries is set to contribute to the growing sales of crude sulfate turpentine over the coming years.
Demand for crude sulfate turpentine is forecasted to increase owing to its importance in myriad applications, including thinners, adhesives, and solvents in the chemical industry. As a byproduct of pulp manufacturing, it is purchased by several end-use industries for a six-month or annual contract at a fixed price that shields them from fluctuation in raw material prices.
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Key Companies Profiled in This Report
- DRT
- Stora Enso OYJ
- Arizona Chemicals
- Kraton Corporation
- Pine Chemical Corporation
- Stora Enso
- Takasago International Corporation
- Symrise
- Metsa Fibre
- Torgoviy Dom Lesokhimik
- West Rock
More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the crude sulfate turpentine market, presenting historical demand data for 2018 to 2023 and forecast statistics for 2024 to 2034.
The study divulges essential insights into the market based on product type (alpha-pinene, beta-pinene, limonene, camphene, 3-carene, terpinolene), source (oil, powder), processing method (steam-distilled, destructively-distilled, sulfate-distilled, sulfite-distilled), and application (printing, veterinary medicines, cosmetics & personal care, tires, plastics, rubber), across six major regions of the world (North America, Europe, East Asia, Latin America, South Asia & Oceania, and MEA).