Lucintel’s latest market report analyzed that pine chemical provides attractive opportunities in various applications, such as paints and coatings, adhesives and sealants, printing inks, surfactants, lubricants and lubricity additives, biofuels, paper sizing, and rubber. The pine chemical market is expected to grow at a CAGR of 3% to 5%. In this market, gum rosin is the largest segment by product type, whereas paints and coatings is largest by application.
Download Brochure of this report by clicking on https://www.lucintel.com/pine-chemical-market.aspx Based on product type, the pine chemical market is segmented into tall oil rosin (TOR), gum rosin, gum turpentine, tall oil fatty acid (TOFA), sterols, and others.. The gum rosin segment accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period
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The Pine Chemical Market is marked by the presence of several big and small players. Some of the prominent players offering pine chemical include Kraton Corporation, Ingevity Corp., Harima Chemicals Group, Eastman Chemicals, DRT (Dérivés Résiniques et Terpéniques), Arakawa Chemical Industries, and Pine Chemical Group
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