Global Crude Tall Oil Derivative Market to Reach USD 3.0 Billion by 2033, Fueled by Rising Demand for Bio-Based Products

January 02, 2025 | Chemical & Materials

According to the latest report by IMARC Group, titled “Crude Tall Oil Derivative Market Report by Fraction (Tall Oil Fatty Acid, Distilled Tall Oil, Tall Oil Rosin, Tall Oil Pitch, and Others), Application (Fuel and Fuel Additives, Surfactant, Mining and Oilfield Chemicals, Coating and Inks, Rubber, and Others), End User (Automotive, Construction, Speciality Chemicals and Petrochemicals, Oil and Gas, and Others), and Region 2025-2033,” the global crude tall oil derivative market size reached USD 2.1 Billion in 2024. Crude tall oil derivative is a versatile group of products derived from crude tall oil, a byproduct obtained during the kraft pulping process in the paper and pulp industry. It is a complex mixture containing fatty acids, resin acids, and neutrals, making it a valuable resource for various industrial applications. The manufacturing process involves refining and fractionation to obtain specific derivatives with distinct properties suitable for different end-uses. Crude tall oil derivative finds extensive application as a key ingredient in manufacturing biofuels, adhesives, lubricants, and coatings, among others. Due to its renewable nature and eco-friendly attributes, the market for crude tall oil derivatives is witnessing significant growth, with industries recognizing its potential as a sustainable alternative to fossil-based products.

Global Crude Tall Oil Derivative Market Trends:

The global crude tall oil derivative market is experiencing substantial growth, primarily driven by the increasing emphasis on sustainability and environmental regulations, pushing industries to adopt eco-friendly solutions. Besides this, the renewable and biodegradable nature of crude tall oil derivatives makes it a preferred choice in bio-based products, thus creating a positive outlook for market expansion. Moreover, the rising need for biofuels as a sustainable energy source and the implementation of stringent emission norms by governments worldwide is propelling the adoption of crude tall oil derivatives in the biofuel production process. Concurrent with this, the expanding product application in the adhesives and coatings industry due to its ability to enhance performance while minimizing the environmental impact is contributing to the market's growth. In addition to this, the ongoing research and development (R&D) efforts in the field, aimed at optimizing the production process and exploring novel applications of crude tall oil derivatives, are aiding in market expansion. Furthermore, the versatility of crude tall oil derivative as a raw material in lubricant manufacturing is gaining traction due to its excellent lubricity and biodegradability, catering to the growing demand for eco-friendly lubricants in the automotive and industrial sectors, thereby providing lucrative opportunities for the market. Looking forward, the market value is projected to reach USD 3.0 Billion by 2033, expanding at a CAGR of 3.62% during 2025-2033.

Market Summary:

  • Based on the fraction, the market is classified into tall oil fatty acid, distilled tall oil, tall oil rosin, tall oil pitch, and others.
  • On the basis of the application, the market has been segregated into fuel and fuel additives, surfactant, mining and oilfield chemicals, coating and inks, rubber, and others.
  • Based on the end user, the market is categorized into automotive, construction, speciality chemicals and petrochemicals, oil and gas, and others.
  • On a regional basis, the market has been segmented into North America (the United States and Canada), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.
  • The competitive landscape of the market has also been examined, with some of the key players being Forchem Oyj (Respol Resinas S.A.), Ingevity Corporation, Kraton Corporation (DL Chemical Co. Ltd.), Les Dérives Résiniques Et Terpéniques (Firmenich International SA), Mercer International Inc., Neste Oyj, Pine Chemical Group Oy, Segezha Group, Silver Fern Chemical Inc., SunPine AB and Univar Solutions Inc.


Report Coverage:

Report Features Details
Base Year of the Analysis 2024
Historical Period 2019-2024
Forecast Period 2025-2033
Units Billion USD
Segment Coverage Fraction, Application, End User, Region
Region Covered Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Forchem Oyj (Respol Resinas S.A.), Ingevity Corporation, Kraton Corporation (DL Chemical Co. Ltd.), Les Dérives Résiniques Et Terpéniques (Firmenich International SA), Mercer International Inc., Neste Oyj, Pine Chemical Group Oy, Segezha Group, Silver Fern Chemical Inc., SunPine AB and Univar Solutions Inc.
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Global Crude Tall Oil Derivative Market to Reach USD 3.0 Billion by 2033, Fueled by Rising Demand for Bio-Based Products
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