Booming Demand: Pine-Derived Chemicals Market Set to Hit $6.8 Billion by 2027
The pine-derived chemicals market encompasses a wide range of products derived from pine trees, including resins, essential oils, rosin, turpentine, and tall oil. These chemicals find applications across various industries such as adhesives, paints and coatings, flavors and fragrances, lubricants, and personal care products. The global pine-derived chemicals market size is estimated to reach...
Pine-Derived Chemicals Market: Comprehensive Study Explore Huge Growth in Future
According to MarketsandMarkets, the global pine-derived chemicals market is estimated to be valued at USD 5.5 billion in 2022 and is projected to reach USD 6.8 billion by 2027, recording a CAGR of 4.5%, in terms of value. Pine-derived chemicals is a major commercial product of pine trees.
Pine-derived chemicals are used in the manufacturing of paints & coatings, adhesives & sealants, surfactants,...