In the future, global market is expected to witness significant growth on account of rising applications, so in the next few years, Crude Sulfate Turpentine production will show a trend of steady growth. In 2023 the production of Crude Sulfate Turpentine is estimated to be 241724 MT.Get a complete report sample from this link:
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Crude Sulfate Turpentine is co-products of the wood pulping process to produce paper. It is sustainable and biodegradable raw materials that originate from the pine tree. CST constituents vary by source and are alpha-pinene, beta-pinene and delta-3-carene.
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Crude sulfate turpentine market is witnessing maximum growth owing to increase in demand for bio-friendly products and high consumption of personal care and household products. Moreover, increase in the production of chemical products from turpentine which is used as a solvent, fragrance agent and flavor are some other factors expected to fuel the growth of global Crude Sulfate Turpentine market. However, decreasing consumption of the products produce from crude sulfate turpentine along with decreasing paper mill production, availability of less expensive petroleum based products and less recovery of black liquor from Kraft wood pulping process are some of the factors that hamper the growth of crude sulfate turpentine market.
In global market, the production of Crude Sulfate Turpentine increases from 165970 MT in 2012 to 191224 MT in 2016, at a CAGR of 3.4%. In 2016, the global Crude Sulfate Turpentine market is led by North America, capturing about 60.64% of global Crude Sulfate Turpentine production. Europe is the second-largest region-wise market with 30.04% global production share. At present, the major manufacturers of Crude Sulfate Turpentine are DRT, International Flavors & Fragrances, Symrise, Arizona Chemical, Weyerhaeuser and Georgia-Pacific. DRT is the world leader, holding 24.34% production market share in 2016.
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