IGR Pine-Derived Chemicals Market | Page 2

A latest report has been added to the wide database of Pine-Derived Chemicals Market by Infinium Global Research. This report studies the Pine-Derived Chemicals Market by application(adhesives & sealants, cosmetics additives, food additives, paints & coatings, paper& pulp, printing inks, rubber, surfactants), by source(sulfate pulping, dead pine logs & stumps), by type(CST, gum rosin, gum turpentine, pitch, sterols, fatty acid, tall oil rosin) market status and outlook of global and major regions, from manufacturers, and end industries. The objective of the study is to identify market sizes of different segments & countries in recent years and to forecast the values for the next six years. Pine-Derived Chemicals Market provides opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape, latest trends, and product offerings of the major companies in the Pine-Derived Chemicals Market. According to the report the Global Pine-Derived Chemicals Market is projected to grow at a CAGR between 4.5% and 5% in terms of value over the period of 2017-2023. Pine derived chemicals are bio-based renewable chemicals extracted from pine trees, by wood carbonization or oleoresin distillation processes. Charcoal, creosote, essential oils, methanol, medicinal, phenol, tannin and some other products are obtained by wood carbonization process. Chipping or Kraft pulping process is utilized for extracting the discharged oleoresin from pine trees. For distillation process gums, logs, stumps and byproducts of sulphate pulp are used. Gum rosin, wood rosin, gum turpentine, crude tall oil and some other products are obtained by that process. Pine derived chemicals find applications in various industries for the manufacturing of adhesives, asphalt, cement, coatings, concrete, detergents, fragrances, food additives, detergents, disinfectants, paints, paper, printing inks,rubber products, soaps, vitamins and some others. Pine derived chemicals have good prospects as bio- based alternative for some of the petroleum based chemicals, due to the government regulations that restrict the use of conventional chemicals, which harm the nature and people. Mergers and acquisitions, technological partnerships, joint-ventures and heavy investments in research and development, to tap the potential of pine derived chemicals, as an eco-friendly alternative to conventional chemicals , characterizes the global pine derived chemicals market. Increasing health awareness among consumers and need for improving carbon footprint in various industries drive the demand for natural raw materials. As bio-based natural chemicals, with less emission of harmful gases, pine derived chemicals generate more demand, as an alternative for petroleum based chemicals. The stringent governmental regulations regarding the use of chemicals with toxic emission is prompting many industries to adopt eco-friendly pine derived chemicals and it is driving the growth of the global pine derived chemicals. Increasing cultivation of pine trees in major regions drives the demand for pine derived chemicals in sectors such as food, cosmetic and seed additives, due to the increasing preference for natural chemicals. Low manufacturing cost,