What is Crude Tall Oil Derivative? How It can be used in Various Industry?
The global crude tall oil derivatives market is growing at a significant pace owing to driving factors such as increasing demand for crude tall oil derivatives from oilfield chemicals industries. Furthermore, Increasing use of crude tall oil derivatives in various end use industries due to its beneficial environmental charcateristics such as negligible aromatic compound and high conent of sulphur is likely to drive the demand for crude tall oil derivatives in the coming years. However, growing availability of substitute product by cheaper prices is projected to hinder the growth of crude tall oil derivatives market. Likewise, development of bio-diesel and bio-based chemicals may provide a lucrative opportunity for the market players in the near future.
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MARKET INTRODUCTION
Crude tall oil derivatives are the chemical which is derived by adding acid to the tall oil soap extracted from the process of conversion of wood in wood pulp. The crude tall oil derivatives are the mixture of various chemicals such as fatty acid, rosin and neutral materials. It is used while working with metals, floration in mining industry, obtaining corrosion inhibitors, acting as a fluid for smooth metal rolling and construction functions, etc. It is widely used in various industries such as automotive, chemicals, oil & gas, etc.
MARKET PLAYERS
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the crude tall oil derivatives market. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last 3 years, the key development in the past five years.
- Forchem Oyj.
- Ingevity Corporation
- Katalizer India
- Kraton Corporation.
- Lintech International Llc.
- Pine Chemical Group
- Reagens Spa.
- Segezha Group
- Silver Fern Chemical Inc.
- Univar Inc.
The reports cover key developments in the crude tall oil derivatives market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from crude tall oil derivatives market are anticipated to lucrative growth opportunities in the future with the rising demand for crude tall oil derivatives in the global market. Below mentioned is the list of few companies engaged in the crude tall oil derivatives market.