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Writer's picturemegha chitare

Mineral Turpentine Market, Global Outlook and Forecast 2024-2030

The global Mineral Turpentine market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.


Mineral turpentine is a petroleum-derived clear liquid that is used as a solvent in the paints industry. It is insoluble in water with a characteristic odor akin to kerosene. The most commonly available mineral turpentine is a mixture of saturated aliphatic acid and alicyclic hydrocarbons with boiling range of 130C to 230C.



This report aims to provide a comprehensive presentation of the global market for Mineral Turpentine, 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 Mineral Turpentine. This report contains market size and forecasts of Mineral Turpentine in global, including the following market information:


  • Global Mineral Turpentine Market Revenue, 2018-2024, 2024-2030, ($ millions)

  • Global Mineral Turpentine Market Sales, 2018-2024, 2024-2030, (Kiloton)

  • Global top five Mineral Turpentine companies in 2022 (%)


The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.

Fat Turpentine Segment to Reach $ Million by 2029, with a % CAGR in next six years.


The global key manufacturers of Mineral Turpentine include Royal Dutch Shell, Total SA, Idemitsu Kosan Co. Ltd., Exxon Mobil Corporation, Cepsa, GSB Chemical Co. Pty. Ltd, Neste, HCS Group and DHC Solvent Chemie GmbH, etc. in 2022, the global top five players have a share approximately % in terms of revenue.

We has surveyed the Mineral Turpentine manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:


Global Mineral Turpentine Market, by Type, 2018-2024, 2024-2030 ($ Millions) & (Kiloton)

Global Mineral Turpentine Market Segment Percentages, by Type, 2022 (%)


  • Fat Turpentine

  • Sulphate Turpentine

  • Wood Turpentine

  • Carbonization Turpentine


Global Mineral Turpentine Market, by Application, 2018-2024, 2024-2030 ($ Millions) & (Kiloton)

Global Mineral Turpentine Market Segment Percentages, by Application, 2022 (%)


  • Paper

  • Paint

  • Medicine

  • Dyes

  • Other


Global Mineral Turpentine Market, By Region and Country, 2018-2024, 2024-2030 ($ Millions) & (Kiloton)

Global Mineral Turpentine Market Segment Percentages, By Region and Country, 2022 (%)


  • North America (United States, Canada, Mexico)

  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)

  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)

  • The Middle East and Africa (Middle East, Africa)

  • South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis

The report also provides analysis of leading market participants including:


  • Key companies Mineral Turpentine revenues in global market, 2018-2024 (Estimated), ($ millions)

  • Key companies Mineral Turpentine revenues share in global market, 2022 (%)

  • Key companies Mineral Turpentine sales in global market, 2018-2024 (Estimated), (Kiloton)

  • Key companies Mineral Turpentine sales share in global market, 2022 (%)

 key players include:


  • Royal Dutch Shell

  • Total SA

  • Idemitsu Kosan Co. Ltd.

  • Exxon Mobil Corporation

  • Cepsa

  • GSB Chemical Co. Pty. Ltd

  • Neste

  • HCS Group

  • DHC Solvent Chemie GmbH

  • Al Sanea

  • Merck KGaA

  • Recochem Inc.


Outline of Major Chapters:

Chapter 1: Introduces the definition of Mineral Turpentine, market overview.

Chapter 2: Global Mineral Turpentine market size in revenue and volume.

Chapter 3: Detailed analysis of Mineral Turpentine manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: 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 5: 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 6: Sales of Mineral Turpentine in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

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: Global Mineral Turpentine capacity by region & country.

Chapter 9: Introduces 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 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.


Table of content

1 Introduction to Research & Analysis Reports1.1 Mineral Turpentine Market Definition1.2 Market Segments1.2.1 Market by Type1.2.2 Market by Application1.3 Global Mineral Turpentine Market Overview1.4 Features & Benefits of This Report1.5 Methodology & Sources of Information1.5.1 Research Methodology1.5.2 Research Process1.5.3 Base Year1.5.4 Report Assumptions & Caveats2 Global Mineral Turpentine Overall Market Size2.1 Global Mineral Turpentine Market Size: 2022 VS 20302.2 Global Mineral Turpentine Revenue, Prospects & Forecasts: 2018-20302.3 Global Mineral Turpentine Sales: 2018-20303 Company Landscape3.1 Top Mineral Turpentine Players in Global Market3.2 Top Global Mineral Turpentine Companies Ranked by Revenue3.3 Global Mineral Turpentine Revenue by Companies3.4 Global Mineral Turpentine Sales by Companies3.5 Global Mineral Turpentine Price by Manufacturer (2018-2024)3.6 Top 3 and Top 5 Mineral Turpentine Companies in Global Market, by Revenue in 20223.7 Global Manufacturers Mineral Turpentine Product Type3.8 Tier 1, Tier 2 and Tier 3 Mineral Turpentine Players in Global Market3.8.1 List of Global Tier 1 Mineral Turpentine Companies3.8.2 List of Global Tier 2 and Tier 3 Mineral Turpentine Companies4 Sights by Product4.1 Overview4.1.1 By Type - Global Mineral Turpentine Market Siz

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