Infinium Global Research Pine-Derived Chemicals Market Global Industry Anal | Page 2

The report on Pine-Derived Chemicals Market by Infinium Global Research analyzes the Pine-Derived Chemicals Market over the period of 2017 to 2023. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in Global Pine-Derived Chemicals Market. It will help a lot of decision makers to develop strategies and find new opportunities in the Global Pine-Derived Chemicals Market. Global Pine-Derived Chemicals Market is expected to grow at a CAGR between 4.5% and 5% 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, medicinals, 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. Infinium Global Research