The Market Reports

Synopsis
The global market for Crude Tall Oil was estimated to be worth US$ 874 million in 2024 and is forecast to a readjusted size of US$ 1486 million by 2031 with a CAGR of 8.0% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Crude Tall Oil cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Crude Tall Oil (CTO), also called as liquid oil, is a by-product of kraft pulping process. Commercially, it is mainly used for fractionally distilled to manufacture Tall Oil Fatty Acids (TOFA) and Tall Oil Rosin (TOR).
Global Crude Tall Oil key players include Kraton Corporation, Ingevity Corporation, Metsa, etc. Global top three manufacturers hold a share about 55%. Europe is the largest market, with a share about 45%, followed by North America and Asia-Pacific, both have a share about 50 percent. In terms of product, Softwood Crude Tall Oil is the largest segment, with a share about 90%. And in terms of application, the largest application is CTO Distillation, followed by CTO Biofuels.
Market Drivers: The growth of the crude tall oil (CTO) market is primarily driven by increasing global demand for bio-based materials, particularly in high-value applications such as biofuels (e.g., aviation and marine fuels), rosin acids, and fatty acids. Supportive policies (e.g., EU RED II, U.S. RFS), expanding pulp production capacity, and CTO's cost advantage over vegetable oils further propel market expansion.
Market Trends: The industry is shifting toward higher-value processing, with pulp manufacturers integrating downstream to enhance fractionation technologies for purer derivatives. Regionally, Europe and North America lead in biofuel demand, while Asia-Pacific’s chemical sector fuels import growth. Sustainability certifications and biorefinery models are emerging as key trends, though supply concentration and competition from substitutes remain potential challenges.
This report aims to provide a comprehensive presentation of the global market for Crude Tall Oil, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Crude Tall Oil by region & country, by Type, and by Application.
The Crude Tall Oil market size, estimations, and forecasts are provided in terms of sales volume (Kilotons) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Crude Tall Oil.
Market Segmentation
By Company
Kraton Corporation (DL Chemical)
Ingevity Corporation
Metsa
UPM
Torgoviy Dom Lesokhimik
Resitol Chemical Industry
Pitzavod
OJSC
Mondi Group
Stora Enso
Smurfit Kappa
Oji Holding
Mercer International
Segment by Type
Softwood Crude Tall Oil
Mixed Crude Tall Oil
Hardwood Crude Tall Oil
Segment by Application
CTO Distillation
CTO Biofuels
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Crude Tall Oil manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Crude Tall Oil in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Crude Tall Oil in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index