Global Crude Sulfate Turpentine Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2020-2026

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.

Market Analysis and Insights: Global Crude Sulfate Turpentine Market
In 2019, the global Crude Sulfate Turpentine market size was US$ 202.3 million and it is expected to reach US$ 249.4 million by the end of 2026, with a CAGR of 3.0% during 2021-2026.
Global Crude Sulfate Turpentine Scope and Market Size
Crude Sulfate Turpentine market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Crude Sulfate Turpentine market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2015-2026.

Segment by Type, the Crude Sulfate Turpentine market is segmented into
Alpha Pinene
Beta Pinene
Delta 3 Carene
Camphene
Limonene

Segment by Application, the Crude Sulfate Turpentine market is segmented into
Fragrance Chemicals
Paints & Printing Inks
Adhesives
Camphor
Others

Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

Competitive Landscape

and Crude Sulfate Turpentine Market Share Analysis
Crude Sulfate Turpentine market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2015-2020. Details included are company description, major business, Crude Sulfate Turpentine product introduction, recent developments, Crude Sulfate Turpentine sales by region, type, application and by sales channel.

The major companies include:
DRT
International Flavors & Fragrances
Symrise
Kraton Corporation
Weyerhaeuser
Georgia-Pacific
Pine Chemical
WestRock
Stora Enso
Lesohimik
SCA