Dublin, Nov. 13, 2015 (GLOBE NEWSWIRE) -- Research and Markets ( http://www.researchandmarkets.com/research/qs...inederived ) has announced the addition of the "Pine-Derived Chemicals Market by Type (TOFA, TOR, Gum Turpentine, Gum Rosin, Pitch, Sterols), Application (Paints & Coatings, Adhesives & Sealants, Surfactants, Printing Inks), Source, & by Region - Global Trends & Forecast to 2020" report to their offering. The pine-derived chemicals market, in terms of value, is projected to reach $4.8 Billion by 2020, at a CAGR of around 4.7 % from 2015 to 2020.
With rapid increase in pollution and exploitation of fossil fuels, the pressure on the ecosystem has compelled the need to find other alternatives to replace fossil fuels by renewable raw materials. Pine chemicals are obtained from living trees, dead pine stumps & logs, and as by-products of sulfate (or Kraft) pulping. Different chemical processes, including acidification, fractional distillation, and solvent extraction are used to refine and purify the different pine chemicals. Pine chemicals are eco-friendly, safe, and healthy to use. They help in reducing the carbon footprint and decreasing greenhouse gases concentration in the air. The pine-derived chemicals market is led by North America followed by the Asia-Pacific region. The U.S. market dominates not only North America, but also the global market. The Asia-Pacific region is projected to be the fastest-growing pine chemicals market at a CAGR of 5.7 % from 2015 to 2020. Japan and China are the major and the fastest-growing pine chemicals markets in the Asia-Pacific region, due to increasing demand for bio-based products in the market. The key players in pine-derived chemicals market include Eastman Chemicals (U.S.), Archer Daniels Midland Company (U.S.), Ashland Inc. (U.S.), Harima Chemicals Group (Japan), and Arakawa Chemical Industries, Ltd. (Japan).
Other players such as Derives Resiniques ET Terpeniqes (DRT) (France), Arizona Chemical LLC (U.S.), Georgia-Pacific Chemicals LLC (U.S.) and Foreverest Resources Ltd. (China) also have a strong presence in the market. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Industry Trends 7 Pine-Derived Chemicals Market, By Technology 8 Pine-Derived Chemicals Market, By Source 9 Pine-Derived Chemicals Market, By Type 10 Pine-Derived Chemicals Market, By Application 11 Pine-Derived Chemicals Market, By Region 12 Competitive Landscape 13 Company Profiles For more information visit http://www.researchandmarkets.com/research/qs...inederived
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