Global Crude Sulfate Turpentine Market Analysis

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Global Crude Sulfate Turpentine Market Analysis

  • Chemical and Materials
  • Aug 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

  • The growing shift towards sustainable and environmentally friendly chemical sources is encouraging manufacturers to adopt crude sulfate turpentine as a renewable alternative to petroleum-derived solvents
  • Its wide-ranging applications in perfumes, flavoring agents, resins, and as a chemical intermediate in the production of aroma chemicals are further boosting market traction
  • North America held a prominent share in the crude sulfate turpentine market in 2024, driven by the rising demand for bio-based solvents and increasing production of kraft pulp across the region
  • Asia-Pacific region is expected to witness the highest growth rate in the global crude sulfate turpentine market, driven by increasing demand for aromatic chemicals, cost-effective production capabilities, and rapid growth of the paper industry in countries such as China, India, and Indonesia
  • The alpha pinene segment accounted for the largest market revenue share in 2024, primarily due to its extensive usage in the synthesis of fragrance and flavor compounds. Its strong aromatic characteristics and high availability from turpentine distillation make it a preferred ingredient in perfumes, disinfectants, and household products. The demand for alpha pinene continues to grow with the rising consumer preference for bio-based products in both industrial and personal care applications

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