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Pine-Derived Chemicals Market

Pine-Derived Chemicals Market By Source (Living trees, Dead pine stumps & logs, By-Products of sulphate), Application (Adhesives & sealants, Paints & Coatings, Surfactants, Printing inks, Food Additives, Perfumes, Cosmetics, Others), Type (Tall oil fatty acid, Tall oil rosin, Gum turpentine, Gum rosin, Pitch), Process (Kraft, Tapping, Pulpmills) & Region - Forecast to 2022 – 2032

Pine-Derived Chemicals Market By Source (Living trees, Dead pine stumps & logs, By-Products of sulphate), Application (Adhesives & sealants, Paints & Coatings, Surfactants, Printing inks, Food Additives, Perfumes, Cosmetics, Others), Type (Tall oil fatty acid, Tall oil rosin, Gum turpentine, Gum rosin, Pitch), Process (Kraft, Tapping, Pulpmills) & Region - Forecast to 2022 – 2032

Pine-derived Chemicals Market - Analysis, Outlook, Growth, Trends, Forecasts

Pine-derived Chemicals Market Snapshot

[350 Pages Report] Newly released data from pine-derived chemical market analysis by Future Market Insights shows that global consumption of pine-derived chemicals enjoyed a year-on-year (YOY) growth of 3.8% in 2021 to total global sales of USD 5.5 Bn. The global pine-derived chemicals market will expand at a CAGR of 4.4% over 2022-2032 to reach a revenue of USD 8.4 Bn.

Pine-derived Chemicals Market Size Value in 2022

USD 5.5 Billion

Pine-derived Chemicals Market Forecast Value in 2032

USD 8.4 Billion

Global Growth Rate (2022 to 2032)


Forecast Period


Chemicals from pine trees occur naturally and are thus environmentally friendly. Their use leads to lower emissions of carbon dioxide as opposed to those from conventional sources. The widespread use of crude oil and natural gas products in the recent past has contributed to increased emissions and environmental issues. Consequently, there is a growing need to reduce fossil fuel consumption to minimize carbon footprints and carbon dioxide emissions. The pine-derived chemicals industry has continuously adapted itself over centuries and is today at the forefront of renewable bio-based industries.

Thus, over the forecast period, demand for these eco-friendly pine-derived chemicals is expected to witness steady growth. Pine trees, the source of these pine-derived chemicals, do not occur widely throughout the globe but are concentrated in regions of North America, Latin America, and some European & Asian nations, the restricted availability is expected to present a challenge to the growth of the global chemical pine derived market over the period.

Increasing application of pine based chemicals from various industries

A multitude of products based on pine tree-derived chemicals touch almost all spheres of our lives, from perfumes, fragrances, and cosmetics to food additives, adhesives to automobiles, and printing inks to oil wells. Pine-derived chemicals are used for the production of flavors in soft drinks, and food, soaps, household cleaners, vitamins, food additives, and other applications.

Apart from these applications, chemicals derived from pine are also used in the automobile industry for the production of tires.

Due to these wider applications, the demand for pine-derived chemicals is surging in the chemical industry and is anticipated to increase in the coming years.  Furthermore, carbon dioxide emissions and carbon footprints are increasing due to the rising fossil fuel consumption. The rising need to curb carbon emission is leading to the use of more eco-friendly pine-derived chemicals, thereby stimulating the growth of the pine-derived chemicals market.

Tall Oil Fatty Acids has Wider Applications

Pine chemicals are sourced from renewable trees of pine and are an established section of the chemical industry across the globe. Pine chemicals are deposited from pine stumps or logs, and living trees or are prepared from bi-products of the kraft pulping method. Tall oil is produced by the treatment of black liquor skimming along with acid. It is basically a blend of oleic acid, rosin acids, as well as other unsaturated fatty acids.

Approximately, 90% of the tall oil manufactured is fractionated or distilled to the advancement of rosin, fatty acid, and tall-oil pitch. The latter comprises estolides, rosin anhydrides, distilled tall-oil heads, and miscellaneous hydrocarbons.

The remaining unfinished tall oil is once more refined with acid/mordant or sold as tall oil in crude form. The refined forms such as salts, adducts, and esters, rosin is preferably used in a range of applications in various industries. The major applications include paper sizing, printing inks, adhesives, coatings, rubber, and chemical intermediates.

Tall Oil Rosin Segment will drive the Market

Rosin products accounted for more than 40% of the total pine-derived chemicals market. Among products available in the market, the demand for tall oil rosin (TOR) is considerably high. It is also projected to expand at a rapid pace over the forecast tenure.

TORs are unmodified to provide a financially competent and adaptable starting stage for a few end-user applications and specific customer processes. Due to diverse applications of the tall oil rosin segment, its demand is driving the market.

Rosin acid present in tall oil is used in the polymerization and compounding of rubber, for imparting water resistance to paper, as well as in adhesives and in inks. It is the key ingredient of rosin, which musicians use to strengthen the grip of bows used for string instruments.

Pine-derived chemicals find usage in various industries such as printing inks, adhesives and sealants, rubber, paint and coatings, and others. The rising application across these industries will pave the way for the growth of the market.

Adhesives remain the top application segment of Pine-derived Chemicals

Terpene phenols and terpene polymers from the oleoresin of pine are important in the chemical industry to make adhesives. Gum rosin is the major product type with more than 60% of the rosins segment. Gum rosin predominantly is used as the floor tiling adhesive, concrete frothing agent, and also as an ingredient of rubber adhesive, heat melt adhesive, and pressure-sensitive adhesive.

Rosin is used for improving the strength, elasticity, and viscosity of adhesive. There is an ever-growing demand for adhesives that will fuel the trajectory of Pine-derived chemicals.

Region-wise analysis of Pine-derived Chemicals Market

Due to the presence of several leading players, North America emerged dominant in the global market for pine-derived chemicals market. Asia-Pacific is projected to be the fastest-growing region due to a steadily increasing demand for pine-derived chemicals. The region also has a suitable climate for pine cultivation.

Europe is the second-largest market after North America owing to robust ‘all-natural’ manufacturing cosmetics and personal care industries.

Operational benefits of pine-derived chemicals along with the rising industrialization and its wide spectrum of applications are factors driving demand for pine-derived chemicals. The factors driving the market in North America are the abundance of pine trees in the region and the increasing demand from the U.S.

Asia Pacific also will exhibit high demand for pine-derived chemicals. Steps taken by the government to use environmentally friendly goods to reduce carbon footprints will aid the expansion of the market.

Key drivers of the Pine-derived Chemicals Market

Primarily, the growing environmental concerns will drive the market for pine-based chemicals. Also, there is an increasing demand from the automobile industry, especially in Europe. The rising application of pine-derived chemicals in the personal care industry is boosting overall sales. The biofuel market and innovations in biotechnology is also a key driver.

Demand from flavors and fragrances, mining, flotation, and lubricants will continue to grow at a similar pace hence fuelling the market for pine-derived chemicals.

Key restraints to Pine-derived Chemicals Market

An increase in the availability of cheaper substitutes might hamper sales. Pine trees only grow in certain areas, thereby restricting their availability and increasing their costs. Strict government regulations and laws along with price wars among various lobbies in the industry might impede the potential growth of Pine-derived chemicals.

Competitive Landscape

The global pine-derived chemicals industry is in the middle of fragmented and consolidated in nature. The top five corporations have captured around 40% of the global pine-based chemicals market share, with the rest of mid-sized and small regional players holding the rest. The presence of many players of a significant scale renders the market highly competitive while large-sized companies do dominate globally.

The key manufacturers operating in the global pine-derived chemicals market are Florachem, Eastman Chemical Company, Georgia-Pacific Chemicals LLC. (U.S.), Wuzhou Sun Shine Forestry and Chemicals Co. Ltd., DRT (Dérivés Résiniques et Terpéniques) (France), Harima Chemicals Group, Inc., Guilin Songquan Forest Chemical, Arakawa Chemical Industries, Ltd., Foreverest Resources Ltd., Mentha & Allied Products Pvt. Ltd. (India), Kraton Corporation, Renessenz LLC (U.S.), Ingevity Corporation, and ForchemOyj.

Scope of Report



Market Size Value in 2021

USD 5.5 billion

Market Forecast Value in 2031

USD 8.4 billion

Global Growth Rate


Forecast Period


Historical Data Available for


Market Analysis

MT for Volume and US$ Mn for Value

Key Regions Covered

North America, Latin America, Europe, Asia, Oceania, and MEA

Key Countries Covered

United States, Canada, Brazil, Mexico, Argentina,  EU5, Russia, India, China, ASEAN, Australia and New Zealand, Japan, GCC countries, North Africa, South Africa, others.

Key Market Segments Covered

Source, Type, Application, Process and Regions.

Key Companies Profiled


Available upon Request

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The global Pine- Derived Chemicals Market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

By Source :

  • Living trees
  • Dead pine stumps & logs
  • By-Products of sulphate                                           

By Application :

  • Adhesives & sealants
  • Paints & Coatings
  • Surfactants
  • Printing inks
  • Perfumes, Fragrances, and Cosmetics
  • Food Additives
  • Others

By Type :

  • Tall oil fatty acid
  • Tall oil rosin
  • Gum turpentine
  • Gum rosin
  • Pitch

By Process :

  • Kraft
  • Tapping
  • Pulpmills

By Region :

  • North America
  • Latin America
  • Europe
  • Asia
  • Oceania

Key Questions Answered in the Report

What is the pine-derived chemical market’s current worth?

Currently pine-based chemicals market is worth more than USD 5.5 Bn.
The Pine-derived chemicals market is expected to grow at a rate of around 4.4% during the period 2022-2032.
In terms of revenue, pine-derived chemicals grew at a rate of around 3.8% during the historical period 2017-2021.
Growing environmental concerns, increasing demand from existing end-users, rising application of pine-derived chemicals, continuous innovation, and developments in the associated industries are the latest trends of chemicals being observed in the pine-derived chemicals market.
Market players are opting for technological advancement, government collaborations, and going green practices in order to achieve sustainability.
The top 5 producers of pine-based chemicals hold around 40% of the market share.
The US, Germany, UK, France, Italy, India, and China are the major countries driving demand for pine-based chemicals.
The major players involved in the global pine-derived chemicals market are Florachem, Eastman Chemical Company, Wuzhou Sun Shine Forestry and Chemicals Co. Ltd., Harima Chemicals Group Inc., Guilin Songquan Forest Chemical, Arakawa Chemical Industries Ltd., and Foreverest Resources Ltd.
Europe holds around 38% of the pine-derived chemicals market by volume.
The report presents a detailed cost analysis of pine-derived chemicals based on types i.e. tall oil fatty acid, tall oil rosin, gum turpentine, gum rosin, Pitch.

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