Latest Innovation in Pine-Derived Chemicals Industry
Pine-derived chemicals are extracted from pine trees and find applications in several sectors such as adhesives, paints and coatings, flavors and fragrances, cleaning and detergent products, and more. In terms of value, the global pine-derived chemicals market size is expected to be worth USD 5.5 billion in 2022 and USD 6.8 billion by 2027, with a CAGR of 4.5%. Pine-derived chemicals is...
Pine-Derived Chemicals Industry to Witness Unprecedented Growth in Coming Years
Pine-derived chemicals are substances extracted from pine trees, and they have a variety of applications in different industries. Some common pine-derived chemicals include turpentine, rosin, and tall oil. The global pine-derived chemicals market size is estimated to be valued at USD 5.5 billion in 2022. It is projected to reach USD 6.8 billion by 2027, recording a CAGR of 4.5%, in...