Pine
Chemicals Market
Outlook, Growth Factors, Industry Share, and Size By 2030
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Pine Chemicals Market
Outlook, Growth Factors, Industry Share, Size By 2030
The North America pine chemicals market is expected to reach USD 5300.58 million by 2030, with a CAGR of 5.60%.
The Pine Chemistry industry creates goods that are beneficial to our daily lives while also being environmentally sustainable. The forestry industry provides raw materials for the Pine Chemistry industry (wood, pulp and paper processes). Crude tall oil, black liquor soap, crude sulphate turpentine, and sawdust are co-products. Using these co- products is a classic example of attempting to make the most efficient use of resources by utilising every part of a cut tree.Here are just a few of the many ways Pine Chemistry affects our life daily:Sidewalks and roads. Pine chemistry is used to create asphalt, concrete, and cement, which are essential in constructing roads, highways, walkways, and buildings.Purification systems for air and water. Sawdust-derived activated carbon acts as a natural air filter for automobile emissions and drinking water.Coatings and paints. Pine chemicals are used to make paints and varnishes, which aid in renovating homes and painting rooms and offices.
The global Pine Chemicals Market is expected to grow at a CAGR of 5.6 % during the forecast period, i.e., 2020-2030.
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chemicals-market
Pine Chemicals Market
2021 2030
$
USD Billion
$
USD Billion
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CAGR 5.6 %
Pine Chemicals Market
Main Market Players Covered in This Report:
Kraton Pine Chemicals
Eastman Chemical Company
Harima Chemicals Group
Renessenz
MeadWestvaco Corporation
Arakawa Chemical Industries
DRT
Arizona Chemical Company
Bakelite Synthetics
Foreverest Resources
Mentha & Allied Products
A Summary of the Impact of COVID-19 on this Market:
The appearance of COVID-19 has transported the globe to a halt. We understand that this health disaster has brought an unprecedented impact on businesses across industries. However, this too shall pass. Growing support from governments and
various companies can benefit in the fight against this highly transmissible disease. There are some businesses that are struggling and some are thriving.
General, almost every sector is anticipated to be stuck by the pandemic
Pine Chemicals Market
The Pine Chemicals Market has been segmented as below:
By Product Type
• Tall oil
• Rosin
• Turpentine
• Others
By Application
• Paints and Coatings
• Solvents and Disinfectants
• Printing Ink
• Synthetic Rubber
• Flavours and Fragrances
We are taking nonstop efforts to help your business sustain and cultivate during COVID-19 pandemics. Based on our knowledge and expertise, we will provide you an impact analysis of coronavirus outbreaks across businesses to help you prepare for the future.
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