Crude Tall Oil Market is Anticipated to Witness High Growth Owing to Rising Demand from Construction Industry
Crude Tall Oil Market Crude tall oil is a by-product of the kraft pulping process used by many paper mills that derives its name from the tall or tree-like appearance of some of its components under magnification. It is traditionally used in the manufacture of diverse products such as roofing products, printing inks, controlled-slow release fertilizers, metalworking fluids, and drilling muds. The advantages of crude tall oil include low cost, promotion of plant growth, and biodegradability. With the increasing application of crude tall oil derivatives in construction materials such as sealants and adhesives, the demand for crude tall oil is expected to surge. The Global crude tall oil market is estimated to be valued at US$ 1.93 BN in 2024 and is expected to exhibit a CAGR of 4.5% over the forecast period 2024 to 2031. Key Takeaways Key players operating in the Crude Tall Oil market are Citec Group Oy Ab, Ingevity Corporation, Georgia-Pacific Chemicals, Forchem Oyj, Kraton Corpor