Pine-Derived Chemicals Market by Type, Application, Source,
Process and Region - Global Forecast to 2027
Bharat Book Bureau Provides the Trending Market Research Report on “Pine-Derived
Chemicals Market by Type, Application, Source, Process and Region - Global Forecast to
2027”under Food & Beverage Market Research Report. The report offers a collection of
superior Market research, Market analysis, competitive intelligence and Market reports.
The 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. An
increase in awareness regarding renewable and bio-based products has resulted in an upsurge in
the demand for pine-derived chemicals over the past few years. Pine-derived chemicals is a
major commercial product of pine trees and it is used in the manufacturing of paints & coatings,
adhesives & sealants, surfactants, and printing inks. Major market players have been investing
significantly in R&D to boost production to cater to changing consumer preferences.
“By type, the gum rosin segment is projected to grow at the highest CAGR in the market during
the forecast period.”
Based on type, the gum rosin segment is projected to grow at the highest CAGR in the market
during the forecast period. Gum rosin is the oleoresin that is harvested by the periodic wounding
of the tree and collecting the sap into cups. During the production of synthetic rubber and
printing inks, resin acids are modified for further industrial use. Apart from this, gum rosin is
used in the paints & coating industries, owing to this the demand for gum rosin is increasing.
“By source, by-products of sulfate pulping segment is estimated to grow at higher CAGR.”
Sulfate processing is used to produce pine wood pulp, which consists of almost pure cellulose
fibers by using sulfurous acid to extract the lignin from wood chips in digesters. Two main by-
products, CTO and CST, are obtained in