Market Overview:
Crude sulphate turpentine is a by-product of cellulose making by sulphate process, and after cleaning it from sulfur-containing compounds it is applied in various fields of paint-and-varnish and chemical industry.

Crude sulphate turpentine market is segmented by product type, application, and geography.

By product type, the market is segmented into Alpha-Pinene, Camphonene, and other types. By application, the market is further segmented by Industrial Chemicals, Aromatic Chemicals, Fuels, Paints and Resins, FMCG and others.

Whereas by geography the market is divided into North America, South America, Europe, Asia Pacific and Rest of the World.

Growing end-user industries, shifting the focus of consumers towards natural based products and governments initiative to encourage environmental friendly products will likely to boost the crude sulfate turpentine market.

Market Dynamics:
Crude sulfate turpentine market is witnessing maximum growth owing to the bio-friendly nature of the product. Owing to which this product has found applications in a wide range of FMCG products such as perfumes, toothpaste, soaps and more.

Moreover, an increase in the production of chemical products from turpentine which is used as a solvent, fragrance agent and flavor are some other factors expected to fuel the growth of Crude Sulfate Turpentine market.

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Market Segmentation:
Growing economies have been witnessing robust growth in the FMCG sector owing to the growing awareness, easier access and changing lifestyles have been the key growth drivers for the sector.

Geographical Analysis:
Geographically, the Biopharmaceuticals market is divided into North America, Europe, South America, Asia-Pacific and the Middle East and Africa.

Crude sulfate turpentine accounts for 96% to the overall turpentine production in the US.

Turpentine produced in the US is mainly of alpha-pinene accounted for 85% followed by camphene and limonene.

Whereas the chemical industry is one of the United States' largest manufacturing industries, serving both a sizable domestic market and an expanding global market. Also, chemicals are the top exporting sectors of U.S. manufacturing.

Competitive Analysis:
Some of the major market players are Harima Chemicals Group Inc., Pine Chemical Group, OOO Torgoviy Dom Lesokhimik, Stora Enso Oyj, Yashura Chemical Co., Ltd., Himachal Terpene Products Pvt Ltd

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