Global CTO Distillation Market 2019 – Analysis, Size, Share, Growth and Forecast Report To 2024
Crude Tall Oil (CTO) is a by-product of the kraft pulping process used by many paper mills. Tall oil soap is collected at the mills and then acidulated to make crude tall oil. It is a mixture of fatty acids, rosin and Rubber neutral materials and forms water-in-oil emulsions and stabilizes mud systems at high bottom-hole temperatures. The CTO can then be further refined through the fractionation process to separate it into the components of tall oil fatty acid, tall oil rosin, distilled tall oil, pitch and heads. (GP-CTO),
North America is an important consumption area of CTO distillation in the world. The revenue of CTO distillation increased from 607 million USD to 668 million USD from 2013 to 2017. The average growth rate is about 1.94%. And USA took more than 77% of North America total consumption value in 2017. Canada and Mexico only took about 14.39% and 7.77%.
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According to this study, over the next five years the CTO Distillation market will register a 8.5% CAGR in terms of revenue, the global market size will reach US$ 2620 million by 2024, from US$ 1750 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in CTO Distillation business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of CTO Distillation market by product type, application, key manufacturers and key regions and countries.
This study considers the CTO Distillation value and volume generated from the sales of the following segments:
Segmentation by product type
Tall Oil Rosin (TOR)
Tall Oil Pitch (TOP)
Distilled Tall Oil (DTO)
Tall Oil Fatty Acids (TOFA)
Segmentation by application
Fuel and Additives
Adhesives & Sealants
Mining and Oilfield Chemicals
Coating and Inks
This report also splits the market by region
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.
The key manufacturers covered in this report
OOO Torgoviy Dom Lesokhimik
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global CTO Distillation consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of CTO Distillation market by identifying its various subsegments.
Focuses on the key global CTO Distillation manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the CTO Distillation with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of CTO Distillation submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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