According to our (Global Info Research) latest study, the global Industrial-Grade Terpenic Oil market size was valued at US$ million in 2025 and is forecast to a readjusted size of US$ million by 2032 with a CAGR of %during review period.
In 2024, global Industrial-Grade Terpenic Oil production reached approximately 600,000 tons, with an average global market price of around US$ 3,500 per ton.
The gross profit margin of major companies in the industry is between 20% – 35%.
In 2024, the global production capacity of industrial-grade terpenic oil was approximately 800,000 tons.
Industrial-Grade Terpenic Oil is a complex mixture of hydrocarbons primarily derived from the distillation of pine resin (gum turpentine) or as a by-product of kraft pulp production (sulfate turpentine). Its main components are monoterpenes like α-pinene and β-pinene. Valued for its excellent solvent properties, ability to dissolve resins and waxes, and pleasant odor, it serves as a crucial renewable raw material and solvent in a wide range of industrial applications beyond its traditional uses.
The industrial chain of Industrial-Grade Terpenic Oil covers upstream raw materials such as crude pine resin (oleoresin) from pine tree tapping, and crude sulfate turpentine recovered from the kraft pulping process in paper mills. The midstream consists of chemical processors that distill, purify, and fractionate the crude materials to produce various grades of terpenic oils, along with derivative products like pine oil and fragrance intermediates. Downstream applications are diverse, including the production of adhesives, paints and coatings, printing inks, cleaning compounds, synthetic pine oil, aroma chemicals for fragrances, and as a bio-based feedstock for fine chemicals. The ecosystem also includes agro-forestry managers, pulp and paper companies, chemical distributors, and formulation specialists who connect the renewable raw material to its multitude of industrial end-uses.
This report is a detailed and comprehensive analysis for global Industrial-Grade Terpenic 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 Industrial-Grade Terpenic Oil market size and forecasts, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2021-2032
Global Industrial-Grade Terpenic Oil market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2021-2032
Global Industrial-Grade Terpenic Oil market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2021-2032
Global Industrial-Grade Terpenic Oil market shares of main players, shipments in revenue ($ Million), sales quantity (Kilotons), and ASP (US$/Ton), 2021-2026
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 Industrial-Grade Terpenic 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 Industrial-Grade Terpenic 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, DRT (Les Dérivés Résiniques et Terpéniques), Pinova, Florida Chemical, Weyerhaeuser, Himachal Pine Chemicals, Mentha & Allied Products, Kandla Agro Chemicals, Pragati Chemicals, Privi Speciality Chemicals, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Industrial-Grade Terpenic Oil market is split by Type and by Application. For the period 2021-2032, 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
Gum Turpentine Derived Oil
Wood Turpentine Derived Oil
Synthetic Terpenic Oil
Market segment by Application Grade
Solvent Grade
Adhesive Grade
Chemical Intermediate Grade
Market segment by Application
Solvent for Coating & Ink
Resin Modifier & Plasticizer
Rubber Processing Aid
Industrial Degreasing Solvent
Synthesis Intermediate for Fine Chemicals
Other
Major players covered
Kraton
DRT (Les Dérivés Résiniques et Terpéniques)
Pinova
Florida Chemical
Weyerhaeuser
Himachal Pine Chemicals
Mentha & Allied Products
Kandla Agro Chemicals
Pragati Chemicals
Privi Speciality Chemicals
International Flavors & Fragrances (IFF)
Symrise
Norkem
EcoGreen Oleochemicals
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 Industrial-Grade Terpenic Oil product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Industrial-Grade Terpenic Oil, with price, sales quantity, revenue, and global market share of Industrial-Grade Terpenic Oil from 2021 to 2026.
Chapter 3, the Industrial-Grade Terpenic Oil competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Industrial-Grade Terpenic Oil breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
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 2021 to 2032.
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 2021 to 2026.and Industrial-Grade Terpenic Oil market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
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 Industrial-Grade Terpenic Oil.
Chapter 14 and 15, to describe Industrial-Grade Terpenic Oil sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Industrial-Grade Terpenic Oil. Industry analysis & Market Report on Industrial-Grade Terpenic Oil is a syndicated market report, published as Global Industrial-Grade Terpenic Oil Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Industrial-Grade Terpenic Oil market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.