Pine-Derived Chemicals Market Report 2026

The pine-derived chemicals market size has grown strongly in recent years. It will grow from $6.02 billion in 2025 to $6.4 billion in 2026 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to expansion of pulp and paper industry operations, availability of pine distillation by-products, growth of rosin and fatty acid applications, rising demand for natural resins, improvements in chemical recovery processes.

The pine-derived chemicals market size is expected to see strong growth in the next few years. It will grow to $8.01 billion in 2030 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to increasing regulations favoring bio-based chemicals, rising demand for sustainable industrial materials, expansion of green construction activities, growing adoption of natural ingredients in cosmetics, increasing investments in renewable chemical processing. Major trends in the forecast period include increasing demand for bio-based chemical alternatives, rising use in adhesives and sealants, growing adoption in paints and coatings, expansion of pine-based surfactants, enhanced focus on renewable feedstocks.

Growing environmental concerns are expected to propel the pine-derived chemicals market going forward. Environmental concerns refer to efforts to preserve the land, sea, air, plants, and animals that make up the natural world. These concerns have driven the increasing use of plant-based pine chemicals over traditional synthetic chemicals, which contribute to environmental pollution. For instance, in November 2023, according to the United Nations Environment Programme, a Kenya-based intergovernmental organization, greenhouse gas emissions in 2030 were projected to increase by 16 percent based on policies in place at the time of the agreement’s adoption; today, the projected increase is only 3 percent. Therefore, the growing focus on environmental sustainability is driving the pine-derived chemicals market.

Major companies in the pine-derived chemicals market are focusing on developing innovative products, such as pharmaceuticals using pine-derived chemicals, to meet market demand and create more sustainable alternatives. Pharmaceuticals with pine-derived chemicals are medications and drug compounds produced using chemical components extracted from pine trees. For instance, in July 2023, the University of Bath's Department of Chemistry and Institute for Sustainability, a UK-based research university, developed a method to synthesize two widely used pain relievers, paracetamol and ibuprofen, using a compound derived from pine trees. This compound, a byproduct of the paper industry, offers an alternative to crude oil for the synthesis of common drugs. Using a turpentine-based biorefinery model and continuous flow reactors, the process ensures scalable, uninterrupted production. While costs may be higher compared to oil-based feedstocks, consumer willingness to pay a premium for plant-derived pharmaceuticals could support broader market acceptance of sustainable alternatives.

In March 2024, Grupo Resinas Brasil, a Brazil-based producer of pine oleoresin, gum rosin, gum turpentine, and derivatives, acquired Pinopine for an undisclosed amount. With this acquisition, Grupo Resinas Brasil aimed to expand its presence in the European pine-derived chemicals market and strengthen its global supply chain for rosin derivatives. Pinopine is a Portugal-based manufacturer of gum rosin derivatives serving adhesives, inks, coatings, and other industrial applications.

Major companies operating in the pine-derived chemicals market are Ingevity Corporation, Florachem Corporation, Harima Chemicals Group Inc., DRT (Les Dérivés Résiniques et Terpéniques), Georgia-Pacific Chemicals LLC, Privi Speciality Chemicals Limited, PineChemical Group Oy, SunPine AB, Lawter Inc., Arakawa Chemical Industries Ltd., Kraton Corporation, Forchem Oy, International Flavors & Fragrances Inc., Takasago International Corporation, Wuzhou Sun Shine Forestry and Chemicals Co., Ltd., Mercer International Inc., Respol Resinas S.A., Harbin Pine Chemical Co., Ltd., Guilin Songquan Forestry Chemical Co., Ltd., Guangxi Wuzhou Pine Chemicals Co., Ltd., Stora Enso Oyj.

North America was the largest region in the pine-derived chemicals market in 2025. Europe was second-largest region in the pine-derived chemicals market report during the forecast period. The regions covered in the pine-derived chemicals market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the pine-derived chemicals market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The pine-derived chemicals market consists of sales of crude sulfate turpentine sterols and stumps. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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