According to our (Global Info Research) latest study, the global Crude Tall Oil market size was valued at US$ 899 million in 2024 and is forecast to a readjusted size of USD 1514 million by 2031 with a CAGR of 7.8% during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
Crude Tall Oil (CTO), also called as liquid oil, is a by-product of kraft pulping process. Commercially, it is mainly used for fractionally distilled to manufacture Tall Oil Fatty Acids (TOFA) and Tall Oil Rosin (TOR).
Global Crude Tall Oil key players include Kraton Corporation, Ingevity Corporation, Metsa, etc. Global top three manufacturers hold a share about 55%. Europe is the largest market, with a share about 45%, followed by North America and Asia-Pacific, both have a share about 50 percent. In terms of product, Softwood Crude Tall Oil is the largest segment, with a share about 90%. And in terms of application, the largest application is CTO Distillation, followed by CTO Biofuels.
Market Drivers: The growth of the crude tall oil (CTO) market is primarily driven by increasing global demand for bio-based materials, particularly in high-value applications such as biofuels (e.g., aviation and marine fuels), rosin acids, and fatty acids. Supportive policies (e.g., EU RED II, U.S. RFS), expanding pulp production capacity, and CTO's cost advantage over vegetable oils further propel market expansion.
Market Trends: The industry is shifting toward higher-value processing, with pulp manufacturers integrating downstream to enhance fractionation technologies for purer derivatives. Regionally, Europe and North America lead in biofuel demand, while Asia-Pacific’s chemical sector fuels import growth. Sustainability certifications and biorefinery models are emerging as key trends, though supply concentration and competition from substitutes remain potential challenges.
This report is a detailed and comprehensive analysis for global Crude Tall Oil market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Crude Tall Oil market size and forecasts, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2020-2031
Global Crude Tall Oil market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2020-2031
Global Crude Tall Oil market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2020-2031
Global Crude Tall Oil market shares of main players, shipments in revenue ($ Million), sales quantity (Kilotons), and ASP (US$/Ton), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Crude Tall Oil
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Crude Tall Oil market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Kraton Corporation (DL Chemical), Ingevity Corporation, Metsa, UPM, Torgoviy Dom Lesokhimik, Resitol Chemical Industry, Pitzavod, OJSC, Mondi Group, Stora Enso, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Crude Tall Oil market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Softwood Crude Tall Oil
Mixed Crude Tall Oil
Hardwood Crude Tall Oil
Market segment by Application
CTO Distillation
CTO Biofuels
Others
Major players covered
Kraton Corporation (DL Chemical)
Ingevity Corporation
Metsa
UPM
Torgoviy Dom Lesokhimik
Resitol Chemical Industry
Pitzavod
OJSC
Mondi Group
Stora Enso
Smurfit Kappa
Oji Holding
Mercer International
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Crude Tall Oil product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Crude Tall Oil, with price, sales quantity, revenue, and global market share of Crude Tall Oil from 2020 to 2025.
Chapter 3, the Crude Tall Oil competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Crude Tall Oil breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Crude Tall Oil market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Crude Tall Oil.
Chapter 14 and 15, to describe Crude Tall Oil sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Crude Tall Oil. Industry analysis & Market Report on Crude Tall Oil is a syndicated market report, published as Global Crude Tall Oil Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Crude Tall Oil market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.