About Sulfate Turpentine
Sulfate turpentine is used extensively in the chemicals industry, is obtained as a by-product of the kraft, or sulfate, the process of cooking wood pulp in the course of the manufacture of kraft paper. Wood turpentine is obtained by the steam distillation of dead, shredded bits of pine wood, while gum turpentine results from the distillation of the exudate of the living pine tree obtained by tapping. Crude turpentine obtained from the living pine by tapping typically contains sixty-five percent gum rosin and eighteen percent gum turpentine. Based on the type, the market has been segmented into alpha pinene, beta pinene, delta 3 carene, camphene, and limonene.
Attributes | Details |
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Study Period | 2018-2029 |
Base Year | 2023 |
Unit | Value (USD Million) |
The sulfate turpentine market is a complex and dynamic one. With its strong growth potential and increasing focus on sustainability, the market is poised for continued expansion in the years to come. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Sulfate Turpentine market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
DRT (United States), International Flavors & Fragrances, Inc. (United States), Symrise (Germany), Arizona Chemical (United States), Weyerhaeuser (United States), Georgia-Pacific (United States), Pine Chemical Group (Finland), WestRock (United States), Stora Enso (Finland), Lesohimik (Belarus) and SCA (Sweden) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Sinar Mas (Indonesia), Nippon Paper Industries (Japan), Oji Paper Company (Japan) and Sun Paper Holding Group (China).
Segmentation Overview
AMA Research has segmented the market of Global Sulfate Turpentine market by Type (Alpha Pinene, Beta Pinene, Delta 3 Carene, Camphene and Limonene), Application (Fragrance Chemicals, Paints & Printing Inks, Adhesives, Camphor and Others) and Region.
On the basis of geography, the market of Sulfate Turpentine has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Rising Demand for Chemical Industry
Market Growth Drivers:
Increase in Demand for Bio-Friendly Products, High Consumption of Personal Care and Household Products and Increase in the Production of Chemical Products from Turpentine
Challenges:
Hazardous Nature of the Organic Solvent
Restraints:
Availability of Less Expensive Petroleum Based Products and Dependence on the Wood and Paper Industry for Raw Material
Opportunities:
Rising Demand for High-Value Personal Care Products in Middle Income Countries and Adoption of Crude Sulfate Turpentine as a Substitute to Petrochemicals Due to Its Eco-Friendly Nature
Market Leaders and their expansionary development strategies
In October 2023, International Paper collaborates with research institutions to develop bio-based products derived from sulfate turpentine, exploring renewable alternatives for traditional petrochemical-based materials.
In July 2023, Georgia-Pacific announces its investment in next-generation extraction technologies for improved efficiency and yield in sulfate turpentine production, aiming to optimize resource utilization.
Key Target Audience
Sulfate Turpentine Manufacturers, Sulfate Turpentine Raw Material Suppliers, Sulfate Turpentine Traders/Distributors, Sulfate Turpentine Importer/Exporter, End User and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.