Global CTO Distillation Market Growth 2023-2029

Global CTO Distillation Market Growth 2023-2029

Crude Tall Oil (CTO) is a by-product of the kraft pulping process used by many paper mills. Tall oil soap is collected at the mills and then acidulated to make crude tall oil. It is a mixture of fatty acids, rosin and Rubber neutral materials and forms water-in-oil emulsions and stabilizes mud systems at high bottom-hole temperatures. The CTO can then be further refined through the fractionation process to separate it into the components of tall oil fatty acid, tall oil rosin, distilled tall oil, pitch and heads. (GP-CTO),
LPI (LP Information)' newest research report, the “CTO Distillation Industry Forecast” looks at past sales and reviews total world CTO Distillation sales in 2022, providing a comprehensive analysis by region and market sector of projected CTO Distillation sales for 2023 through 2029. With CTO Distillation sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world CTO Distillation industry.
This Insight Report provides a comprehensive analysis of the global CTO Distillation landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on CTO Distillation portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global CTO Distillation market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for CTO Distillation and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global CTO Distillation.
The global CTO Distillation market size is projected to grow from US$ 2336.5 million in 2022 to US$ 4028.1 million in 2029; it is expected to grow at a CAGR of 4028.1 from 2023 to 2029.
The major players in global CTO Distillation market include Kraton, Westrock (Ingevity), etc. The top 2 players hold over 50% of global shares. North America and Europe are main markets, they occupy about 70% of the global market. Tall Oil Rosin (TOR) and Tall Oil Pitch (TOP) are two main types, with a share over 60% altogher. Three key applications include Fuel and Additives, Adhesives & Sealants, Mining and Oilfield Chemicals, with a share about 70%.
This report presents a comprehensive overview, market shares, and growth opportunities of CTO Distillation market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Tall Oil Rosin (TOR)
Tall Oil Pitch (TOP)
Distilled Tall Oil (DTO)
Tall Oil Fatty Acids (TOFA)
Segmentation by application
Fuel and Additives
Adhesives & Sealants
Mining and Oilfield Chemicals
Coating and Inks
Rubber
Surfactant
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Kraton
Westrock
Forchem
Georgia-Pacific
Eastman
Harima
OOO Torgoviy Dom Lesokhimik
Lascaray
Segezha Group
IOP
DRT
Key Questions Addressed in this Report
What is the 10-year outlook for the global CTO Distillation market?
What factors are driving CTO Distillation market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do CTO Distillation market opportunities vary by end market size?
How does CTO Distillation break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.