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The global pine-derived chemicals market is estimated to reach $6.8 billion by 2027, growing at a 4.5% compound annual growth rate (CAGR). The global market size was valued $5.5 billion in 2022. Pine-derived chemicals is a major commercial product of pine trees. Pine-derived chemicals are used in the manufacturing of paints & coatings, adhesives & sealants, surfactants, and printing inks. Additionally, it finds its application in cosmetics, vitamin intermediates, pine oil disinfectants & insect repellents, fragrances & perfumes, and food & drink flavors.
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