조황산 테레빈유 시장 규모, 점유율, 성장 분석 : 용도별, 등급별, 최종 용도 산업별, 유통 채널별, 지역별 - 산업 예측(2025-2032년)

Global Crude Sulfate Turpentine Market size was valued at USD 0.75 billion in 2023 and is poised to grow from USD 0.78 billion in 2024 to USD 1.07 billion by 2032, growing at a CAGR of 4.0% during the forecast period (2025-2032).

Market insights indicate robust growth in the aroma chemicals and personal/home care sectors, with Asia Pacific emerging as a key demand driver. This trend is further fueled by a growing consumer preference for eco-friendly CST derivatives over traditional petrochemical options. Crude sulphate turpentine (CST), a byproduct from pulp production, is procured through fixed-price contracts and plays a pivotal role in the industry. Characterized by its volatile amber nature and rich in alpha and beta pinenes, CST serves as a foundation for various natural flavors and fragrances. Its derivatives are vital in producing poly-terpenes used in adhesives, specialty inks, and pharmaceuticals. Additionally, variations in the Pinus genus affect product concentration, showcasing the geographical impact on market dynamics.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Crude Sulfate Turpentine market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Crude Sulfate Turpentine Market Segments Analysis

Global Crude Sulfate Turpentine Market is segmented by Application, Grade, End Use Industry, Distribution Channel and region. Based on Application, the market is segmented into Paints and Coatings, Chemicals, Pharmaceuticals, Flavors and Fragrances and Others. Based on Grade, the market is segmented into Gum Turpentine, Sulfate Turpentine and Wood Turpentine. Based on End Use Industry, the market is segmented into Automotive, Construction, Furniture, Paper and Pulp and Textiles. Based on Distribution Channel, the market is segmented into Direct Sales, Distributors and E-commerce Platforms. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global Crude Sulfate Turpentine Market

The Global Crude Sulfate Turpentine market is anticipated to expand significantly due to the rising demand for camphene, a popular food additive that enhances flavor and prolongs shelf life in the food and beverage sector. The versatility of camphene supports a growing need for crude sulfate turpentine, as well as its derivatives like pure alpha- and beta-pinene, terpineol, camphor, and carene. Additionally, the increasing reliance on these derivatives as essential raw materials in the manufacturing of various products such as soaps, cleaning agents for both household and industrial use, cosmetics, and personal care items is further expected to bolster the demand for crude sulfate turpentine in the upcoming years.

Restraints in the Global Crude Sulfate Turpentine Market

The global crude sulfate turpentine market faces significant challenges due to the volatility in raw material prices, which directly affects manufacturers. This fluctuation compels producers to raise the cost of crude sulfate turpentine in order to offset losses incurred from rising raw material expenses. Consequently, such price increases can dampen demand and inhibit growth within the market. These factors collectively act as substantial constraints, limiting the overall expansion of the crude sulfate turpentine market and impacting its ability to meet consumer needs effectively. Therefore, addressing these supply chain and pricing issues is crucial for market development.

Market Trends of the Global Crude Sulfate Turpentine Market

The Global Crude Sulfate Turpentine market is witnessing a noteworthy upward trend, primarily driven by the robust demand for aroma chemicals, which accounted for the largest volume share. This surge is attributed to the increasing utilization of crude sulfate turpentine in the production of a diverse array of fragrances, flavors, detergents, and soaps, highlighting its significance in the consumer goods sector. As industries seek natural and sustainable sources for their products, the versatility and eco-friendly profile of crude sulfate turpentine are expected to further enhance its market presence. Projections indicate continued growth, solidifying its role in both traditional and emerging applications.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2024
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis

Global Crude Sulfate Turpentine Market Size by Application & CAGR (2025-2032)

• Market Overview
• Paints and Coatings
• Chemicals
• Pharmaceuticals
• Flavors and Fragrances
• Others

Global Crude Sulfate Turpentine Market Size by Grade & CAGR (2025-2032)

• Market Overview
• Gum Turpentine
• Sulfate Turpentine
• Wood Turpentine

Global Crude Sulfate Turpentine Market Size by End Use Industry & CAGR (2025-2032)

• Market Overview
• Automotive
• Construction
• Furniture
• Paper and Pulp
• Textiles

Global Crude Sulfate Turpentine Market Size by Distribution Channel & CAGR (2025-2032)

• Market Overview
• Direct Sales
• Distributors
• E-commerce Platforms

Global Crude Sulfate Turpentine Market Size & CAGR (2025-2032)

• North America (Application, Grade, End Use Industry, Distribution Channel)
  • US
  • Canada
• Europe (Application, Grade, End Use Industry, Distribution Channel)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Application, Grade, End Use Industry, Distribution Channel)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Application, Grade, End Use Industry, Distribution Channel)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Application, Grade, End Use Industry, Distribution Channel)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2024
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2024
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2022-2024)

Key Company Profiles

• Pine Chemical Group (Finland)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Lawter (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Stora Enso Oyj (Finland)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Arizona Chemical Company LLC (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• International Flavors & Fragrances Inc. (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Privi Organics Limited (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Dujodwala Paper Chemicals Ltd. (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• HARTING Technology Group (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Pinova, Inc. (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Takasago International Corporation (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Symrise (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Metsa Fibre (Finland)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Torgoviy Dom Lesokhimik (Russia)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• WestRock (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Renessenz LLC (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Salford Valve Company Ltd. (UK)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Eastman Chemical Company (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations