Global Crude Sulfate Turpentine Market Insights, Forecast to 2025

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.
Crude Sulfate Turpentine is co-products of the wood pulping process to produce paper. It is sustainable and biodegradable raw materials that originate from the pine tree. CST constituents vary by source and are alpha-pinene, beta-pinene and delta-3-carene.

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.

In global market, the production of Crude Sulfate Turpentine increases from 165970 MT in 2012 to 191224 MT in 2016, at a CAGR of 3.4%. In 2016, the global Crude Sulfate Turpentine market is led by North America, capturing about 60.64% of global Crude Sulfate Turpentine production. Europe is the second-largest region-wise market with 30.04% global production share. At present, the major manufacturers of Crude Sulfate Turpentine are DRT, International Flavors & Fragrances, Symrise, Arizona Chemical, Weyerhaeuser and Georgia-Pacific. DRT is the world leader, holding 24.34% production market share in 2016.

In application, Crude Sulfate Turpentine downstream is wide and recently Crude Sulfate Turpentine has acquired increasing significance in various fields of Fragrance Chemicals, Paints & Printing Inks, Adhesives and Camphor. Globally, the Crude Sulfate Turpentine market is mainly driven by growing demand for Fragrance Chemicals which accounts for nearly 51.71% of total downstream consumption of Crude Sulfate Turpentine in global.

In the future, global market is expected to witness significant growth on account of rising applications, so in the next few years, Crude Sulfate Turpentine production will show a trend of steady growth. In 2023 the production of Crude Sulfate Turpentine is estimated to be 241724 MT.

Global Crude Sulfate Turpentine market size will increase to xx Million US$ by 2025, from xx Million US$ in 2018, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Crude Sulfate Turpentine.

This report researches the worldwide Crude Sulfate Turpentine market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Crude Sulfate Turpentine breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

The following manufacturers are covered in this report:
DRT
International Flavors & Fragrances
Symrise
Arizona Chemical
Weyerhaeuser
Georgia-Pacific
Pine Chemical Group
WestRock
Stora Enso
Lesohimik
SCA

Crude Sulfate Turpentine Breakdown Data by Type
Alpha Pinene
Beta Pinene
Delta 3 Carene
Camphene
Limonene
Crude Sulfate Turpentine Breakdown Data by Application
Fragrance Chemicals
Paints & Printing Inks
Adhesives
Camphor
Others

Crude Sulfate Turpentine Production Breakdown Data by Region
United States
Europe
China
Japan
Other Regions

Crude Sulfate Turpentine Consumption Breakdown Data by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa

The study objectives are:
To analyze and research the global Crude Sulfate Turpentine capacity, production, value, consumption, status and forecast;
To focus on the key Crude Sulfate Turpentine manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

In this study, the years considered to estimate the market size of Crude Sulfate Turpentine :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.