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Global Turpentine Market Size study, by Product ( Alpha- Pinene, Beta-Pinene, Camphene, Others) By End Use Industries (Cosmetics, Fragrance, Food, Paints & Coatings, Others) and Regional Forecasts 2022-2028

  • BIZ4950974
  • 200 Pages
  • March 2022
  • Materials and Chemicals
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Global Turpentine Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Turpentine is a fluid derived from distillation of resin harvested from living trees, mainly pines trees. As a solvent, turpentine is used for thinning oil-based paints, for producing varnishes, and as a raw material for the chemical industry. Distilled turpentine oil is used in Food and beverages as a flavoring ingredient. In manufacturing, turpentine oil is used in soap and cosmetics and also as a paint solvent. Growing Cosmetics industry and rising paints and coatings market are key drivers for the growth of Turpentine market. For instance, according to global database management company Statista- As of 2022, revenue in the Cosmetics segment is estimated at USD 18 billion. The market is expected to grow annually by 4.99% from 2022 to year 2026. Also, In the year 2019 the market size of anti-reflective coatings worldwide estimated at USD 3.78 billion. It is forecast that the market value of this industry will grow to around USD 7.83 billion worldwide by the year 2030. Also, with the increasing demand for bio-based solvents and rising personal care industry in emerging economies, the adoption & demand for Turpentine is likely to increase the market growth during the forecast period. However, disruptions in supply and demand chain due to pandemic restrictions impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Turpentine Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region across the world in terms of market share owing to increasing import of turpentine from Brazil and Asia in the region. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as availability of raw materials and increasing penetration of leading market players in the countries like China and India would create lucrative growth prospects for the Turpentine Market across Asia-Pacific region.

Major market player included in this report are:

Wuzhou Pine Chemicals Ltd.,

PT. Naval Overseas,

Wuzhou Sun Shine Forestry & Chemicals CO., ltd.

, Punjab Rosin and Chemicals Works,

Forestar Chemical Co., Ltd.,

Deqing Jiyuan synthetic Resin Co., Ltd.,

Deqing Yinlong Industrial Co., Ltd.,

Resin Chemicals Co., Ltd,

Guilin Songquan Forest Chemical Co., Ltd.,

CV. Indonesia Pinus,.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:

Alpha- Pinene

Beta-Pinene

Camphene

Others

By End Use Industries:

Cosmetics,

Fragrance,

Food, Paints & Coatings,

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020

Base year – 2021

Forecast period – 2022 to 2028

Target Audience of the Global Turpentine Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)

1.2.1. Turpentine Market, by Region, 2020-2028 (USD Billion)

1.2.2. Turpentine Market, by Product, 2020-2028 (USD Billion)

1.2.3. Turpentine Market, by End Use Industries, 2020-2028 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Turpentine Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Turpentine Market Dynamics

3.1. Turpentine Market Impact Analysis (2020-2028)

3.1.1. Market Drivers

3.1.1.1. Growing Cosmetics industry

3.1.1.2. Rising Paints & coatings Market.

3.1.2. Market Challenges

3.1.2.1. Supply and demand chain disruption due to pandemic restrictions.

3.1.3. Market Opportunities

3.1.3.1. Rising personal care industry in emerging economies.

3.1.3.2. Increasing demand for bio-based solvents.

Chapter 4. Global Turpentine Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2019-2028)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

4.5. Top investment opportunity

4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1.1. Assessment of the overall impact of COVID-19 on the industry

5.1.2. Pre COVID-19 and post COVID-19 market scenario

Chapter 6. Global Turpentine Market, by Product

6.1. Market Snapshot

6.2. Global Turpentine Market by Product, Performance - Potential Analysis

6.3. Global Turpentine Market Estimates & Forecasts by Product 2019-2028 (USD Billion)

6.4. Turpentine Market, Sub Segment Analysis

6.4.1. Alpha- pinene

6.4.2. Beta-pinene

6.4.3. Camphene

6.4.4. Others

Chapter 7. Global Turpentine Market, by End Use Industries

7.1. Market Snapshot

7.2. Global Turpentine Market by End Use Industries, Performance - Potential Analysis

7.3. Global Turpentine Market Estimates & Forecasts by End Use Industries 2019-2028 (USD Billion)

7.4. Turpentine Market, Sub Segment Analysis

7.4.1. Cosmetics,

7.4.2. Fragrance,

7.4.3. Food, Paints & Coatings,

7.4.4. Others

Chapter 8. Global Turpentine Market, Regional Analysis

8.1. Turpentine Market, Regional Market Snapshot

8.2. North America Turpentine Market

8.2.1. U.S. Turpentine Market

8.2.1.1. Product breakdown estimates & forecasts, 2019-2028

8.2.1.2. End Use Industries breakdown estimates & forecasts, 2019-2028

8.2.2. Canada Turpentine Market

8.3. Europe Turpentine Market Snapshot

8.3.1. U.K. Turpentine Market

8.3.2. Germany Turpentine Market

8.3.3. France Turpentine Market

8.3.4. Spain Turpentine Market

8.3.5. Italy Turpentine Market

8.3.6. Rest of Europe Turpentine Market

8.4. Asia-Pacific Turpentine Market Snapshot

8.4.1. China Turpentine Market

8.4.2. India Turpentine Market

8.4.3. Japan Turpentine Market

8.4.4. Australia Turpentine Market

8.4.5. South Korea Turpentine Market

8.4.6. Rest of Asia Pacific Turpentine Market

8.5. Latin America Turpentine Market Snapshot

8.5.1. Brazil Turpentine Market

8.5.2. Mexico Turpentine Market

8.6. Rest of The World Turpentine Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies

9.2. Company Profiles

9.2.1. Wuzhou Pine Chemicals Ltd.,

9.2.1.1. Key Information

9.2.1.2. Overview

9.2.1.3. Financial (Subject to Data Availability)

9.2.1.4. Product Summary

9.2.1.5. Recent Developments

9.2.2. PT. Naval Overseas,

9.2.3. Wuzhou Sun Shine Forestry & Chemicals CO., ltd.,

9.2.4. Punjab Rosin and Chemicals Works,

9.2.5. Forestar Chemical Co., Ltd.,

9.2.6. Deqing Jiyuan synthetic Resin Co., Ltd.,

9.2.7. Deqing Yinlong Industrial Co., Ltd.,

9.2.8. Resin Chemicals Co., Ltd,

9.2.9. Guilin Songquan Forest Chemical Co., Ltd.,

9.2.10. CV. Indonesia Pinus,

Chapter 10. Research Process

10.1. Research Process

10.1.1. Data Mining

10.1.2. Analysis

10.1.3. Market Estimation

10.1.4. Validation

10.1.5. Publishing

10.2. Research Attributes

10.3. Research Assumption

List of Tables

TABLE 1. Global Turpentine Market, report scope

TABLE 2. Global Turpentine Market estimates & forecasts by Region 2019-2028 (USD Billion)

TABLE 3. Global Turpentine Market estimates & forecasts by Product 2019-2028 (USD Billion)

TABLE 4. Global Turpentine Market estimates & forecasts by End Use Industries 2019-2028 (USD Billion)

TABLE 5. Global Turpentine Market by segment, estimates & forecasts, 2019-2028 (USD Billion)

TABLE 6. Global Turpentine Market by region, estimates & forecasts, 2019-2028 (USD Billion)

TABLE 7. Global Turpentine Market by segment, estimates & forecasts, 2019-2028 (USD Billion)

TABLE 8. Global Turpentine Market by region, estimates & forecasts, 2019-2028 (USD Billion)

TABLE 9. Global Turpentine Market by segment, estimates & forecasts, 2019-2028 (USD Billion)

TABLE 10. Global Turpentine Market by region, estimates & forecasts, 2019-2028 (USD Billion)

TABLE 11. Global Turpentine Market by segment, estimates & forecasts, 2019-2028 (USD Billion)

TABLE 12. Global Turpentine Market by region, estimates & forecasts, 2019-2028 (USD Billion)

TABLE 13. Global Turpentine Market by segment, estimates & forecasts, 2019-2028 (USD Billion)

TABLE 14. Global Turpentine Market by region, estimates & forecasts, 2019-2028 (USD Billion)

TABLE 15. U.S. Turpentine Market estimates & forecasts, 2019-2028 (USD Billion)

TABLE 16. U.S. Turpentine Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 17. U.S. Turpentine Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 18. Canada Turpentine Market estimates & forecasts, 2019-2028 (USD Billion)

TABLE 19. Canada Turpentine Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 20. Canada Turpentine Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 21. UK Turpentine Market estimates & forecasts, 2019-2028 (USD Billion)

TABLE 22. UK Turpentine Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 23. UK Turpentine Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 24. Germany Turpentine Market estimates & forecasts, 2019-2028 (USD Billion)

TABLE 25. Germany Turpentine Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 26. Germany Turpentine Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 27. RoE Turpentine Market estimates & forecasts, 2019-2028 (USD Billion)

TABLE 28. RoE Turpentine Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 29. RoE Turpentine Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 30. China Turpentine Market estimates & forecasts, 2019-2028 (USD Billion)

TABLE 31. China Turpentine Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 32. China Turpentine Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 33. India Turpentine Market estimates & forecasts, 2019-2028 (USD Billion)

TABLE 34. India Turpentine Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 35. India Turpentine Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 36. Japan Turpentine Market estimates & forecasts, 2019-2028 (USD Billion)

TABLE 37. Japan Turpentine Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 38. Japan Turpentine Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 39. RoAPAC Turpentine Market estimates & forecasts, 2019-2028 (USD Billion)

TABLE 40. RoAPAC Turpentine Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 41. RoAPAC Turpentine Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 42. Brazil Turpentine Market estimates & forecasts, 2019-2028 (USD Billion)

TABLE 43. Brazil Turpentine Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 44. Brazil Turpentine Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 45. Mexico Turpentine Market estimates & forecasts, 2019-2028 (USD Billion)

TABLE 46. Mexico Turpentine Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 47. Mexico Turpentine Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 48. RoLA Turpentine Market estimates & forecasts, 2019-2028 (USD Billion)

TABLE 49. RoLA Turpentine Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 50. RoLA Turpentine Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 51. Row Turpentine Market estimates & forecasts, 2019-2028 (USD Billion)

TABLE 52. Row Turpentine Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 53. Row Turpentine Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 54. List of secondary sources, used in the study of global Turpentine Market

TABLE 55. List of primary sources, used in the study of global Turpentine Market

TABLE 56. Years considered for the study

TABLE 57. Exchange rates considered

 
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