Turpentine China Product Research Report

China’s turpentine mainly refers to gum turpentine owing to the small amount of crude sulphate turpentine and wood turpentine. China has abundant pine resources, which ensures ample supply of oleoresin, gum rosin and gum turpentine. The domestic output of turpentine is mainly driven by the tapping of oleoresin and the production and market situation of gum rosin. Nowadays, in China gum turpentine is mainly consumed to produce terpene resin, synthetic camphor, terpineol, etc. Along with the fast development of China’s gum turpentine derivatives, the overseas enterprises tend to purchase Chinese-made gum turpentine derivatives (such as synthetic camphor, terpineol, synthetic borneol, etc.) rather than gum turpentine. Due to the unstable price, terpene resin faces strong competitiveness from petroleum resin, which causes the changeable production of terpene resin and the changeable demand for gum turpentine in China. With the fast development of synthetic perfumes, more and more gum turpentine has been or will be synthesized to essence & perfume in China. This report analyzes the current and potential market for turpentine, mainly including gum turpentine and crude sulphate turpentine in China, and it includes the following as parts: - Production in the past few years in China, as of H1 2013 - Price changes and key factors, as of July 2013 - Detailed analysis of export & import of Chinese gum turpentine in 2009-H1 2013 - Consumption structure in 2005-2012 - Key drivers and restraints - Future forecast on the production, export and consumption in 2013-2017