Turpentine uses pine tree pine as raw material. It is a volatile oil obtained by distillation or extraction of turpentine secreted from Pinaceae pine plants. It is a liquid mixture of terpene compounds. The main components are α-pinene and β-pinene. With lively chemical reaction performance and unique aromatic odor, it is the first plant essential oil that is currently extracted and applied. As a renewable resource, turpentine is used worldwide

The global Gum Turpentine Oil market is valued at xx million US$ in 2020 is expected to reach xx million US$ by the end of 2026, growing at a CAGR of xx% during 2021-2026.
This report focuses on Gum Turpentine Oil volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Gum Turpentine Oil market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan etc.
Market Segment Analysis
The research report includes specific segments by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type, the Gum Turpentine Oil market is segmented into
Fat Turpentine
Sulphate Turpentine
Wood Turpentine
Carbonization Turpentine

Segment by Application
Chemical Industry
Pharmaceutical Industry
Paint Industry
Others

Global Gum Turpentine Oil Market: Regional Analysis
The Gum Turpentine Oil market is analysed and market size information is provided by regions (countries). The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type and by Application segment in terms of sales and revenue for the period 2015-2026.
The key regions covered in the Gum Turpentine Oil market report are:
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Global Gum Turpentine Oil Market: Competitive Analysis
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2015 to 2019.
The major players in global Gum Turpentine Oil market include:
Harima Chemicals
DRT
PT. Naval Overseas
Himachal Terepene Products Private Limited
Jiangxi Xuesong Natural Medicinal Oils Co., Ltd.
Privi Organics
Guangdong Pine Forest
Xilong Scientific Co., Ltd.
Guangxi Wusong Pine Chemicals
Xiamen Doingcom Chemical Co., Ltd.
ONGC