Global Turpentine Oil Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Global Turpentine Oil Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Turpentine is a co-product of the rosin refining process, and for every 1 ton of rosin produced, approximately 0.13-0.25 tons of turpentine can also be obtained at the same time. Turpentine is a liquid mixture of terpenes, mainly α-pinene and β-pinene, with a distinctive aromatic odor that has been used to synthesize natural fragrances or as natural medicines and natural solvents.

According to our (Global Info Research) latest study, the global Turpentine Oil market size was valued at US$ 4810 million in 2023 and is forecast to a readjusted size of USD 5280 million by 2030 with a CAGR of 1.4% during review period.

DRT is the largest player of global turpentine oil market, holds a share over 10%, other key players include Symrise, WestRock, and Grupo RB, etc. In terms of type, grease turpentine type is the largest segment, with a share about 80%, and in terms of application, the fragrance chemicals segment holds share about 80 percent.

This report is a detailed and comprehensive analysis for global Turpentine Oil market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Turpentine Oil market size and forecasts, in consumption value ($ Million), 2019-2030

Global Turpentine Oil market size and forecasts by region and country, in consumption value ($ Million), 2019-2030

Global Turpentine Oil market size and forecasts, by Type and by Application, in consumption value ($ Million), 2019-2030

Global Turpentine Oil market shares of main players, in revenue ($ Million), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Turpentine Oil

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Turpentine Oil market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Grupo RB, PT Nasco, DRT, International Flavors & Fragrances, Symrise, WestRock, International Paper, Pine Chemical Group, Georgia-Pacific, Kraton Corporation, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market segmentation

Turpentine Oil market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segmentation

Turpentine Oil market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Grease Turpentine Oil
Sulfate Turpentine Oil
Wood Turpentine Oil
Distilled Turpentine Oil

Market segment by Application
Fragrance Chemicals
Adhesives
Paints and Printing Inks
Others

Market segment by players, this report covers
Grupo RB
PT Nasco
DRT
International Flavors & Fragrances
Symrise
WestRock
International Paper
Pine Chemical Group
Georgia-Pacific
Kraton Corporation
Stora Enso
Wuzhou Sun Shine Forestry & Chemicals
Guangdong KOMO
Jiangxi Feishang Forest
TLLONG GROUP

Market segment by regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)

South America (Brazil, Rest of South America)

Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Turpentine Oil product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Turpentine Oil, with revenue, gross margin, and global market share of Turpentine Oil from 2019 to 2024.

Chapter 3, the Turpentine Oil competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2019 to 2030.

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Turpentine Oil market forecast, by regions, by Type and by Application, with consumption value, from 2024 to 2030.

Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Turpentine Oil.

Chapter 13, to describe Turpentine Oil research findings and conclusion.