Global Pine-Derived Chemicals Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Tall Oil Fatty Acid, Tall Oil Rosin, Gum Turpentine, Gum Rosin, Sterols and Pitch.

By Source;

Living Trees and Dead Pine Stumps & Logs.

By Process;

Kraft and Tapping.

By Application;

Adhesives & sealants, Paints & coatings, Surfactants and Printing Inks.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn336916177 Published Date: May, 2025 Updated Date: June, 2025

Pine-Derived Chemicals Market Overview

Pine-Derived Chemicals Market (USD Million)

Pine-Derived Chemicals Market was valued at USD 5,599.67 million in the year 2024. The size of this market is expected to increase to USD 7,564.40 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.4%.


Global Pine-Derived Chemicals Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 4.4 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.4 %
Market Size (2024)USD 5,599.67 Million
Market Size (2031)USD 7,564.40 Million
Market ConcentrationHigh
Report Pages331
5,599.67
2024
7,564.40
2031

Major Players

  • Eastman Chemical Company
  • Renessenz LLC.
  • Harima Chemicals Group Inc.
  • Arakawa Chemical Industries, Ltd.
  • Ingevity Corporation
  • Arizona Chemical Company, LLC
  • DRT (Drivs Rsiniques ET Terpniques)
  • Georgia-Pacific Chemicals LLC.
  • Mentha & Allied Products Pvt. Ltd.
  • Foreverest Resources Ltd

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Pine-Derived Chemicals Market

Fragmented - Highly competitive market without dominant players


The Pine-Derived Chemicals Market has witnessed a steady growth rate of 6%, driven by increasing adoption across diverse applications. These chemicals, derived from pine trees, offer a sustainable alternative to conventional petrochemicals. Their unique properties contribute significantly to their growing demand across multiple sectors.

Applications and Demand Drivers
Pine-derived chemicals find extensive use in adhesives, coatings, and personal care products. Approximately 30% of the demand stems from adhesives, while 25% comes from coatings and 20% from the fragrance and flavor sector. This demonstrates their crucial role in formulating a variety of products.

Innovation and Sustainability
Advancements in extraction technologies have led to 15% of manufacturers adopting more efficient and environmentally friendly methods. This transition is reducing production costs and enhancing sustainability, which is a key driver for market expansion and competitiveness.

Growth Prospects
With heightened consumer awareness and stricter environmental regulations, over 35% of market growth is expected to come from green and sustainable products. The market's future appears promising, with pine-derived chemicals poised to meet evolving industry demands effectively.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Source
    3. Market Snapshot, By Process
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Pine-Derived Chemicals Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Renewable and sustainable sourcing
        2. Increasing consumer preference for naturals
        3. Growing demand in pharmaceuticals
        4. Diverse industrial applications
        5. Environmental regulations favoring bio-based
      2. Restraints
        1. Seasonal variability in pine resin
        2. High production costs initially
        3. Limited awareness in emerging markets
        4. Competitive pricing pressures
        5. Technical challenges in extraction processes
      3. Opportunities
        1. Expansion in bioplastics sector
        2. Innovations in product formulations
        3. Untapped potential in Asia-Pacific
        4. Strategic partnerships and collaborations
        5. Emerging applications in cosmetics
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Pine-Derived Chemicals Market, By Type, 2021 - 2031(USD Million)
      1. Tall oil fatty acid
      2. Tall oil rosin
      3. Gum turpentine
      4. Gum rosin
      5. Sterols
      6. Pitch
    2. Pine-Derived Chemicals Market, By Source, 2021 - 2031(USD Million)
      1. Living trees
      2. Dead pine stumps & logs
    3. Pine-Derived Chemicals Market, By Process, 2021 - 2031(USD Million)
      1. Kraft
      2. Tapping
    4. Pine-Derived Chemicals Market, By Application,2021 - 2031(USD Million)
      1. Adhesives & sealants
      2. Paints & coatings
      3. Surfactants
      4. Printing inks
    5. Pine-Derived Chemicals Market, By Geography, 2021 - 2031(USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Eastman Chemical Company
      2. Renessenz LLC.
      3. Harima Chemicals Group Inc.
      4. Arakawa Chemical Industries, Ltd.
      5. Ingevity Corporation
      6. Arizona Chemical Company, LLC
      7. DRT (Drivs Rsiniques ET Terpniques)
      8. Georgia-Pacific Chemicals LLC.
      9. Mentha & Allied Products Pvt. Ltd.
      10. Foreverest Resources Ltd
  7. Analyst Views
  8. Future Outlook of the Market