Rohitm99

Pine Chemicals Market Size Forecast to Reach $5.91 Billion by 2025

Rohitm9922 Feb, 2021Business

Pine Chemicals Market size is forecast to reach $5.91 billion by 2025, after growing at a CAGR of 4.20% during 2020-2025. Pine chemicals are safe and also environmentally friendly. Their usage leads to lower emissions of carbon dioxide than those generated from conventional sources. The recent history has contributed to growing emissions and environmental issues due to the widespread use of raw oil and natural gas products. Consequently, fossil fuel consumption is desperately required to reduce the carbon footprint and emissions of carbon dioxide. Therefore, the market for such environmentally friendly chemicals from pines is expected to rise steadily over the forecast period.