The price of tall oil in the United States for Q4 2023 reached 985 USD/Ton in December. The price trajectory in the region showed increases in January and February, driven by increasing buying activity in sectors such as nutraceutical and healthcare. Additionally, disruptions at two crucial shipping chokepoints, namely the Suez Canal and the Panama Canal, resulted in increased costs for U.S. retailers, subsequently leading to higher prices for consumers.

Tall Oil Prices December 2023

Explore IMARC’s newly published report, titled “Tall Oil Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of tall oil pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

In 2023, overseas shipments of tall oil were finally on the rise to reach 299K tons after two years of decline.

The Crude Tall Oil (CTO) market presents a compelling investment opportunity, exhibiting robust growth potential. With a market size of $971.9 million in 2025, the sector is projected to expand significantly over the forecast period (2025-2033). While the exact CAGR is not provided, considering typical growth rates in the chemical industry and the expanding applications of CTO, a conservative estimate would place the CAGR within the range of 4-6% annually. This growth is fueled by increasing demand across various sectors, primarily driven by the coatings and paints industry which leverages CTO's unique properties for enhanced performance and cost-effectiveness. The rising popularity of sustainable and bio-based materials further contributes to the market's expansion, positioning CTO as a viable alternative to traditional petroleum-based products. Significant growth is also anticipated in the ink and toner, polymer preparations, and washing and cleaning product segments as manufacturers explore environmentally friendly options. Regional variations in growth are expected, with North America and Europe currently leading the market, followed by the Asia-Pacific region which demonstrates significant growth potential due to increasing industrialization and expanding construction activities. However, challenges such as price volatility of raw materials and potential regulatory changes regarding the use of certain chemicals could impact the market's trajectory. The competitive landscape is marked by the presence of established players like Segezha Group, Georgia-Pacific Chemicals LLC, Swedishtalloil, Forchem, and UCY Energy, who are investing in research and development to improve CTO's functionality and expand its applications. The ongoing development of innovative CTO-based products and the rising awareness of sustainability in various industries will continue to drive market expansion throughout the forecast period. The market segmentation by type (softwood, hardwood, and world crude tall oil production) and application allows for a focused approach to market penetration and identifies potential areas for growth. Companies are increasingly collaborating to improve the efficiency of production processes and develop new applications for CTO, further contributing to market expansion. This report provides a detailed analysis of the global Crude Tall Oil (CTO) market, offering invaluable insights for stakeholders across the value chain. We project robust growth, driven by increasing demand from key sectors and innovative product applications. The report covers market size, segmentation, key players, trends, and future projections, empowering informed strategic decision-making.

Global Crude Tall Oil- CTO market size 2025 was XX Million. Crude Tall Oil- CTO Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.

The global tall oil rosin industry has witnessed significant growth in recent years, driven by the increasing demand for sustainable and renewable materials in various end-user industries. The market size was valued at XX million in 2025 and is projected to grow at a CAGR of XX% over the forecast period (2025-2033), reaching XX million by 2033. This growth is attributed to the rising adoption of tall oil rosin in the production of pulp and paper, adhesives, paints and coatings, electronics, and other applications. The market is segmented by application and end-user industry. The pulp and paper segment accounts for the largest share of the market, owing to the extensive use of tall oil rosin in papermaking for its strength and water resistance properties. The growing demand for sustainable paper and packaging materials is anticipated to drive the growth of this segment. The adhesives segment is also expected to witness significant growth due to the increasing adoption of tall oil rosin in the production of pressure-sensitive adhesives, hot-melt adhesives, and wood adhesives. The paints and coatings segment is another key growth area, where tall oil rosin is used as a raw material for the production of alkyd resins, which are used in the formulation of paints and coatings. Recent developments include: In September 2022, Ingevity Corporation announced a general price increase for tall oil fatty acid and distilled tall oil products and derivatives, also for rosin-based resins associated with its industrial specialties portfolio., In September 2021, Kraton Corp. increased prices between 10 and 15% across its crude tall oil refinery products and derivative company.. Key drivers for this market are: Growing Need for Renewable Rosins, Increasing Demand for Cost-effective & Vegetarian-friendly Products. Potential restraints include: Growing Need for Renewable Rosins, Increasing Demand for Cost-effective & Vegetarian-friendly Products. Notable trends are: Increasing Usage in the Pulp and Paper Industry.

Global Crude Tall Oil market size 2025 was XX Million. Crude Tall Oil Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.

The global Tall Oil Bioproducts market is experiencing robust growth, driven by increasing demand for sustainable and renewable alternatives in various applications. The market size in 2025 is estimated at $1.5 billion (assuming a reasonable market size based on similar bioproduct markets and growth trends). With a Compound Annual Growth Rate (CAGR) of 6%, the market is projected to reach approximately $2.5 billion by 2033. This growth is fueled by several key factors, including the rising adoption of biofuels to reduce carbon emissions, stringent environmental regulations promoting sustainable materials, and the expanding use of tall oil in the production of chemicals and other bio-based products. The Softwood Crude Tall Oil segment currently holds the largest market share due to its superior properties and wider availability compared to other types. Significant growth is also anticipated in the CTO Biofuels application segment due to governmental incentives and increased consumer awareness regarding environmental sustainability. Major players in the Tall Oil Bioproducts market include Kraton Corporation, Ingevity Corporation, Metsa, Eastman, and UPM, among others. These companies are actively investing in research and development to enhance the efficiency and versatility of tall oil-derived products. However, market growth faces certain restraints, including volatility in crude tall oil prices, the availability of raw materials, and the need for further technological advancements to improve the cost-effectiveness of certain bioproducts. Geographical expansion, particularly in the Asia-Pacific region due to its burgeoning manufacturing sector and growing environmental concerns, is expected to present significant opportunities for market players in the coming years. The market's future trajectory will depend largely on successful technological innovation, supportive government policies, and sustained consumer demand for eco-friendly products. This in-depth report provides a comprehensive analysis of the global tall oil bioproducts market, offering valuable insights for stakeholders across the value chain. We delve into market dynamics, growth drivers, challenges, and emerging trends, projecting significant growth fueled by increasing demand for sustainable and bio-based materials. The report features detailed segmentation analysis, competitor profiling, and future market projections, making it an essential resource for businesses seeking to navigate this dynamic market. Keywords: Tall Oil, Bioproducts, Biofuels, CTO Distillation, Sustainable Materials, Bio-based Chemicals, Market Analysis, Market Size, Market Share, Market Growth, Industry Trends, Competitive Landscape.

The Tall Oil Pitch (TOP) market is experiencing robust growth, driven by increasing demand from key application sectors like asphalt additives, general oils, and drilling muds. The market, currently estimated at $500 million in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 4% from 2025 to 2033. This growth is fueled by several factors. The expanding construction and infrastructure development globally are significantly boosting the demand for asphalt additives, a major application for TOP. Furthermore, the rise in oil and gas exploration activities contributes to the increasing consumption of TOP in drilling muds. The increasing use of TOP in cardboard sizing and other applications further supplements market expansion. However, the market faces certain restraints including fluctuating crude oil prices, which directly impact the cost of TOP production, and environmental concerns related to the manufacturing process. Despite these challenges, the inherent properties of TOP, such as its cost-effectiveness and excellent adhesive qualities, make it a favored material across diverse applications, promising sustained market growth in the coming years. Competitive dynamics within the industry also play a role. Major players like Segezha Group, Pine Chemical Group, and Eastman are strategically focusing on innovation and capacity expansion to maintain their market share. Geographical expansion into high-growth regions such as Asia-Pacific and the Middle East & Africa is expected to create new market opportunities for TOP producers. The projected market value for 2033, based on a 4% CAGR from the 2025 base of $500 million, is approximately $700 million. This estimation considers a moderate growth scenario, acknowledging both the drivers and restraints outlined above. The regional distribution of the market is expected to shift gradually, with the Asia-Pacific region experiencing significant growth due to rapid industrialization and infrastructure development. North America and Europe will remain key markets, but their growth rates are likely to be slightly lower compared to Asia-Pacific. The segment-wise contribution will continue to be dominated by asphalt additives, although growth in other applications will gradually increase the market diversity. The competitive landscape will witness continued consolidation, with larger companies potentially acquiring smaller players to increase their market reach and production capacity. This in-depth report provides a comprehensive overview of the global Tall Oil Pitch (TOP) market, offering invaluable insights into market dynamics, key players, and future growth prospects. With a focus on production, consumption, and application trends, this report is an essential resource for businesses involved in the manufacturing, distribution, or utilization of TOP. Keywords: Tall Oil Pitch, TOP, Asphalt Additives, Cardboard Sizing, Drilling Muds, Market Analysis, Market Size, Market Trends, Segezha Group, Pine Chemical Group, Eastman, Forchem, Kraton Corporation.