Pine-derived Chemicals Market Size, Share, Trends, Growth and Forecasts, 2025 - 2032

Pine-derived Chemicals Market by Product Type (Crude Tall Oil, Rosin, Turpentine, and Others), Industry (Adhesives, Paints and Coatings, Food and Beverages, Pharmaceuticals & Personal Care, Rubber and Tires), and Regional Analysis for 2025 - 2032

Comprehensive Snapshot of Pine-derived Chemicals Market Research Report, Including Regional and Country Analysis in Brief.

Industry: Chemicals and Materials

Published Date: April-2025

Format: PPT*, PDF, EXCEL

Delivery Timelines: Contact Sales

Number of Pages: 190

Report ID: PMRREP35248

Report Price

$ 4995*

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Pine-derived Chemicals Market Share and Trends Analysis

The global pine-derived chemicals market size is anticipated to rise from US$ 6.3 Bn in 2025 to US$ 8.7 Bn at a CAGR of 4.7% by 2032. According to the Persistence Market Research report, the rise in demand for bio-based adhesives, coatings, pharmaceuticals, and biofuels are widely evident. Sourced from pine trees and pulping processes, these sustainable chemicals are widely used across manufacturing industries. Globally, products made with pine chemicals have a 50% lower carbon footprint and a 56% reduced non-renewable energy footprint compared to substitutes.

pine-derived chemicals market outlook, 2019-2032

Key Industry Highlights:

  • Increasing use of bio-based adhesives, coatings, and lubricants as sustainable alternatives to petrochemicals is driving the demand for pine-derived chemicals.
  • Crude tall oil (CTO) derivatives are essential in biofuels, rubber, inks, and coatings industries.
  • Pine-derived chemicals play an important role in low VOC paints, industrial coatings, and printing inks.
  • Rising crude oil prices and sustainability standards push for CTO-based biofuels in transportation.
  • Rosin-based tackifiers enhance grip, flexibility, and durability in automobile tires.
  • North America's market for biofuels and packaging adhesives is expanding.

Global Market Attribute

Key Insights

Pine-derived Chemicals Market Size (2025E)

US$ 6.3 Bn

Market Value Forecast (2032F)

US$ 8.7 Bn

Projected Growth (CAGR 2025 to 2032)

4.7%

Historical Market Growth (CAGR 2019 to 2024)

4.4%

Market Dynamics

Driver - Pine-Derived Chemicals as Sustainable Bio-Based Alternatives to Petrochemical-Based Chemicals

The increasing shift toward sustainable bio-based alternatives is a major driver of the pine-derived chemicals market. As industries seek eco-friendly substitutes for petrochemical-based products, pine-derived chemicals. Kraton a leading global producer of crude tall oil (CTO), crude sulfate turpentine (CST) pine-based chemicals, and specialty resins offers a biobased alternative to fossil-based materials that perform better and have a reduced carbon footprint, providing more sustainable chemistry for a wide range of industries. Environmental regulations such as the EU Green Deal and the U.S. Renewable Fuel Standard (RFS) accelerates demand for bio-based materials, pushing industries to replace synthetic chemicals with low-carbon, biodegradable solutions. This shift is expected to drive long-term market growth, positioning pine-based materials as key players in the green transition.

Restraint - Pine Chemicals Face Competition from Petroleum-Based Chemicals, as a Substitute

Despite the growing shift toward sustainable solutions, the pine-derived chemicals market faces significant competition from petrochemical-based alternatives. Petroleum-based adhesives, coatings, and lubricants often offer lower production costs, higher availability, and more consistent quality, making them the preferred choice for many industries.

Additionally, fluctuations in raw material supply for pine-derived compounds, caused by limited forestry resources and climate conditions, result in increased production costs. In contrast, the petrochemical industry benefits from well-established supply chains and economies of scale, allowing it to provide low-cost synthetic replacements.

Opportunity - Increased Use of Pine-Derived Chemicals in Coatings as These Provide Long-Term Protection and Durability

The increasing adoption of pine-derived chemicals in coatings presents a major growth opportunity for the market. Rosin, tall oil, and turpentine-based derivatives are being widely used in protective coatings, paints, and varnishes due to their natural durability, adhesion properties, and resistance to environmental factors. In 2023, AkzoNobel collaborated with KIA Motors to develop the first bio-based interior coating for the new EV9 electric SUV.  This innovative paint incorporated two types of bio-rosin: one extracted from rapeseed and the other from pine rosin.

Stringent environmental regulations restricting VOC emissions are driving demand for low-toxicity, bio-based coatings. With continued innovations in high-performance, sustainable coatings, the pine-derived chemicals market is set to expand, offering a renewable and eco-friendly solution for long-term protection and durability.

Category-wise Analysis

Product Type Insights

CTO, a byproduct of the kraft pulping process, plays a crucial role in the bio-based chemicals industry, serving as a key feedstock for biofuels, lubricants, and coatings. CTO contains fatty acids, rosin acids, and sterols, making it highly versatile for industrial applications. SunPine and Preem have developed a commercial process to produce bio-based diesel fuels using Crude Tall Oil (CTO), a byproduct of the pulp and paper industry. SunPine manufactures Raw Tall Oil Diesel, which Preem refines into HVO Tall Diesel, supplying nearly half of Preem’s biodiesel market share. Additionally, CTO is widely used in high-performance industrial lubricants and protective coatings, offering superior adhesion, corrosion resistance, and durability. As bio-based solutions gain momentum, CTO is set to remain a key driver of green industrial transformation.

Industry Insights

Rosin plays a critical role in rubber formulations, primarily as a tackifier, enhancing adhesion, flexibility, and processing efficiency in tire manufacturing. Its natural resin acids improve the mechanical properties of rubber, ensuring better grip, durability, and wear resistance. The automobile and tire industry is experiencing significant growth, driven by rising vehicle production, increasing demand for electric vehicles (EVs), and expanding infrastructure development. 

With global shifts toward sustainable mobility and green materials, rosin-based rubber additives are set to play a pivotal role in the future of tire manufacturing. Kraton's SYLVATAC™ series offers rosin ester tackifiers compatible with various polymers, including ethylene-vinyl acetate (EVA), acrylics, styrene-butadiene rubber (SBR), styrene-isoprene-styrene (SIS), and styrene-butadiene-styrene (SBS). This compatibility provides formulation flexibility in hot-melt, water-based, and solvent-based adhesives.

pine-derived chemicals market insights and key trends

Regional Insights

North America Pine-derived Chemicals Market Trends

The pharmaceutical sector in North America is experiencing rapid growth, significantly boosting the demand for pine-derived chemicals. North America remains the world's largest pharmaceutical market, accounting for 41% of global spending on pharmaceuticals. The region is home to leading pharma and biopharma companies and drug developers, making it a hub of innovation. Sterols, rosin, and turpentine produced from pine trees are essential components of medication formulations, excipients, and active pharmaceutical ingredients (APIs).

Sterols from CTO are used in cardiovascular medicines, dietary supplements, and hormone-based pharmaceuticals. Chemicals from turpentine are key in antiseptics, decongestants, and medicinal balms, with growing consumer demand for natural and plant-based products driving this trend. Turpentine is derived from pine resin, contains monoterpenes like alpha-pinene and beta-pinene. It is used for muscle and joint pain relief and is a key ingredient in topical formulations for cough treatment, often combined with thymol and camphor.

Europe Pine-derived Chemicals Market Trends

The European Green Deal and REACH rules have accelerated the transition to sustainable, bio-based materials, dramatically increasing demand for pine-derived compounds. These policies focus on decreasing carbon footprints, regulating harmful compounds, and promoting renewable alternatives to petroleum-based chemicals. Strict REACH regulations are driving producers to replace petrochemicals with safer, biodegradable alternatives, making pine-derived compounds an excellent choice. Henkel Adhesive Technologies, Kraton Corporation, and Dow partnered to improve the sustainability of packaging adhesives. By incorporating bio-based alternatives, they achieved a 25% reduction in the carbon footprint of Henkel's TECHNOMELT SUPRA 100 and 106M adhesives. Kraton's REvolution™ rosin ester technology is key to this advancement, highlighting the potential for sustainability in adhesive manufacturing.

Asia Pacific Pine Derived Chemicals Market

Asia-Pacific dominates the pine-derived chemicals market, primarily due to its vast forest resources and strong industrial infrastructure. Countries like China, India, Indonesia, and Japan have an abundant supply of pine trees, which serve as a key raw material for producing rosin, turpentine, and crude tall oil (CTO). China, the world’s largest producer of gum rosin, benefits from extensive pine forestry and a well-established resin-tapping industry.

China's pine trees contribute approximately 500,000 tons of pine gum annually, making it the world’s largest producer of pine-derived chemicals. This vast supply enables the country to manufacture around 350,000 to 400,000 tons of gum rosin and 46,000 to 50,000 tons of gum turpentine per year. The region’s cost-effective labor and manufacturing capabilities further strengthen its position in the market. APAC’s demand for bio-based, sustainable alternatives continues to rise, ensuring the continued dominance of the region in the pine-derived chemicals market.

Competitive Landscape

The global pine-derived chemicals market is highly competitive, with regional producers and global manufacturers competing for market share. Key players operate across North America, Europe, and Asia Pacific, leveraging supply chain integration, technological advancements, and sustainable sourcing to gain a competitive edge.

Asia Pacific leads in raw material availability and cost-effective production, while North America and Europe focus on high-value, processed derivatives such as bio-based adhesives, coatings, and lubricants. Innovation in tall oil refining, rosin esterification, and terpene applications is shaping industry growth. Companies invest in R&D and sustainability initiatives to align with regulatory standards and bioeconomy trends.

Key Industry Developments

  • In August 2023, Pine Chemical Group launched a new production site in Kotka. This expansion underscored the company's commitment to growth and innovation in the pine chemicals sector.
  • In February 2024, Kraton Corporation introduced SYLVASOLV™, a new line of 100% biobased hydrocarbon oils derived from crude tall oil, a by-product of pine wood pulping. The inaugural product, SYLVASOLV 1000, is tailored for agricultural applications, offering benefits such as dust control and anti-caking in fertilizer coatings, as well as enhanced wetting and penetration in pesticide formulations.

Pine-derived Chemicals Market Report Scope

Report Attribute

Details

Historical Data/Actuals

2019 - 2024

Forecast Period

2025 - 2032

Market Analysis Units

Value: US$ Bn/Bn, Volume: As applicable

Geographical Coverage

  • North America
  • Europe
  • East Asia
  • South Asia and Oceania
  • Middle East and Africa
  • Latin America

Segmental Coverage

  • Product Type
  • Industry
  • Distribution Channel
  • Region

Competitive Analysis

  • Kraton Corporation
  • Ingevity Corporation
  • Forchem
  • Harima Chemicals
  • DRT
  • Guangxi Wuzhou Pine Chemicals Ltd
  • Foreverest Resources Ltd
  • Mentha and Allied Products Ltd.
  • Florachem
  • Pine Chemical Group

Report Highlights

  • Market Forecast and Trends
  • Competitive Intelligence & Share Analysis
  • Growth Factors and Challenges
  • Strategic Growth Initiatives
  • Pricing Analysis & Technology Roadmap
  • Future Opportunities and Revenue Pockets
  • Industry Market Analysis Tools   

Customization and Pricing

Available upon request

Market Segmentation

By Product Type

  • Crude Tall Oil
  • Rosin
  • Turpentine
  • Others

By Industry

  • Adhesives, Paints and Coatings
  • Food and Beverages
  • Pharmaceuticals & Personal Care
  • Rubber and Tires
  • Paper and Pulp
  • Inks and Lubricants
  • Others

By Region

  • North America
  • Europe
  • East Asia
  • South Asia and Oceania
  • Middle East and Africa
  • Latin America

To know more about delivery timeline for this report Contact Sales

About Author

Swapnil Chavan

Swapnil Chavan

Senior Associate Consultant

Swapnil is a Senior Associate Consultant and brings deep expertise across multiple domains, including chemicals, energy, automotive, industrial automation, and sustainable materials. His commitment to delivering precise and reliable market intelligence ensures that clients receive comprehensive studies to navigate evolving market conditions. The actionable insights derived from his research empower businesses to make informed strategic decisions.

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Companies Covered in This Report

  • Kraton Corporation
  • Ingevity Corporation
  • Forchem
  • Harima Chemicals
  • DRT
  • Guangxi Wuzhou Pine Chemicals Ltd
  • Foreverest Resources Ltd
  • Mentha and Allied Products Ltd.
  • Florachem
  • Pine Chemical Group

Frequently Asked Questions

The Pine-derived Chemicals market is estimated to be valued at US$ 6.3 Bn in 2025.

Pine-derived Chemicals as sustainable bio-based alternatives to petrochemical-based chemicals is a key driver.

In 2025, Asia Pacific dominates with a 23.2% share in the global Pine-derived Chemicals market.

Among product type segment, demand from crude tall oil segment is expected to grow rapidly.

Kraton Corporation, Ingevity Corporation, Forchem, and Harima Chemicals are the leading players in Pine-derived Chemicals market.

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