Global Pine-Derived Chemicals Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Tall oil fatty acid, Tall oil rosin, Gum turpentine, Gum rosin, Sterols and Pitch.

By Application;

Adhesives & sealants, Paints & coatings, Surfactants and Printing inks.

By Source;

Living trees and Dead pine stumps & logs.

By Process;

Kraft and Tapping.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn336916177 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Pine-Derived Chemicals Market (USD Million), 2021 - 2031

In the year 2024, the Global Pine-Derived Chemicals Market was valued at USD 5,599.67 million. The size of this market is expected to increase to USD 7,564.40 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.4%.

The global market for pine-derived chemicals has been expanding significantly, driven by their versatile applications across various industries. Pine-derived chemicals are extracted from pine trees and find wide-ranging uses in sectors such as adhesives, paints, coatings, and flavors & fragrances, among others. One of the key drivers for this market's growth is the increasing demand for sustainable and eco-friendly products. Pine-derived chemicals are favored for their renewable sourcing and biodegradability, aligning with global trends towards sustainability and reduced environmental impact.

In the adhesives industry, pine-derived chemicals serve as essential raw materials due to their excellent tackifying properties. They enhance the adhesive strength and stability of formulations, making them crucial in industries ranging from packaging to construction. Moreover, in the paints and coatings sector, these chemicals act as effective solvents and binders, contributing to improved performance and durability of coatings while reducing environmental emissions.

The flavors and fragrances segment also benefits significantly from pine-derived chemicals, which are used as natural ingredients in perfumes, cosmetics, and household products. Their aromatic properties make them ideal for creating distinctive scents while catering to the growing consumer preference for natural and sustainable ingredients.

North America and Europe are prominent regions in the pine-derived chemicals market, driven by stringent environmental regulations encouraging the adoption of green chemicals. Meanwhile, Asia-Pacific is emerging as a lucrative market, supported by rapid industrialization and increasing consumer awareness regarding sustainable products.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Source
    4. Market Snapshot, By Process
    5. Market Snapshot, By Region
  4. Global Pine-Derived Chemicals Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Renewable and sustainable sourcing
        2. Increasing consumer preference for naturals
        3. Growing demand in pharmaceuticals
        4. Diverse industrial applications
        5. Environmental regulations favoring bio-based
      2. Restraints
        1. Seasonal variability in pine resin
        2. High production costs initially
        3. Limited awareness in emerging markets
        4. Competitive pricing pressures
        5. Technical challenges in extraction processes
      3. Opportunities
        1. Expansion in bioplastics sector
        2. Innovations in product formulations
        3. Untapped potential in Asia-Pacific
        4. Strategic partnerships and collaborations
        5. Emerging applications in cosmetics
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Pine-Derived Chemicals Market, By Type, 2021 - 2031(USD Million)
      1. Tall oil fatty acid
      2. Tall oil rosin
      3. Gum turpentine
      4. Gum rosin
      5. Sterols
      6. Pitch
    2. Global Pine-Derived Chemicals Market, By Application,2021 - 2031(USD Million)
      1. Adhesives & sealants
      2. Paints & coatings
      3. Surfactants
      4. Printing inks
    3. Global Pine-Derived Chemicals Market, By Source, 2021 - 2031(USD Million)
      1. Living trees
      2. Dead pine stumps & logs
    4. Global Pine-Derived Chemicals Market, By Process, 2021 - 2031(USD Million)
      1. Kraft
      2. Tapping
    5. Global Pine-Derived Chemicals Market, By Geography, 2021 - 2031(USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Eastman Chemical Company
      2. Renessenz LLC.
      3. Harima Chemicals Group Inc.
      4. Arakawa Chemical Industries, Ltd.
      5. Ingevity Corporation
      6. Arizona Chemical Company, LLC
      7. DRT (Drivs Rsiniques ET Terpniques)
      8. Georgia-Pacific Chemicals LLC.
      9. Mentha & Allied Products Pvt. Ltd.
      10. Foreverest Resources Ltd
  7. Analyst Views
  8. Future Outlook of the Market