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Global Pine Chemicals Market Report, Market Size, Share, Trends, Analysis and Forecast to 2028
Stratistics MRC's Global Pine Chemicals Market value is expected to reach $8.26 billion growing at a CAGR of 6.4% during 2022-2028.Pine chemicals are obtained from the materials that are derived from the pine tree belonging to the genus Pinus. Pine trees originated in the northern hemisphere and are now found all over the world. Pine chemicals are generated from the carbonization or oleoresin of wood distillation. Additionally, these chemicals are primarily obtained from three sources: dead pine stumps and logs as a by product of living trees, sulphate pulping, and sulphate pulping. Pine chemicals are used in a variety of industries, including resins, soaps & detergents, plasticizers, fragrance chemicals, surface coatings, and many more.
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Asia Pacific is projected to have the highest CAGR over the forecast period, because to the ease of conducting business, increased environmental concerns, and an increase in demand for pine chemicals due to the favourable climate and operational benefits from pine chemicals. Furthermore, due to low labour costs and the implementation of modern processing processes, the majority of pine chemical production, particularly gum rosin, is carried out in Asia Pacific, influencing overall market circumstances.
Some of the key players profiled in the Pine Chemicals Market include Arakawa Chemical Industries Ltd., Pine Chemical Group, Plasmine Technology Inc., Resinall Corp., Ingevity Corporation, Harima Chemicals Group, Kraton Corporation, DRT, Florpinus Chemical Industries, Wuzhou Sunshine Forestry & Chemicals Co. Ltd, Punjab Rosin & Chemical Works, Mahendra Rosin & Turpentine Pvt Ltd, Florachem Corporation, Foreverest Resources Ltd, Mentha & Allied Products Pvt Ltd and Guilin Songquan Forest Chemical Co. Ltd.
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Comprehensive profiling of additional market players (up to 3)
SWOT Analysis of key players (up to 3)
Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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