세계의 톨유 피치(TOP) : 시장 점유율과 순위, 전체 판매량 및 수요 예측(2025-2031년)

The global market for Tall Oil Pitch (TOP) was estimated to be worth US$ 196 million in 2024 and is forecast to a readjusted size of US$ 239 million by 2031 with a CAGR of 3.1% during the forecast period 2025-2031.

This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Tall Oil Pitch (TOP) cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.

Tall oil pitch is a non-volatile fraction that is separated at crude tall oil vacuum distillation. Tall oil pitch comprises in itself alcohol esters of fatty and resin acids, oligomers of fatty and resin acids, phytosterols, high-boiling neutral matters - spirits, hydrocarbons, etc.

The global Tall Oil Pitch (TOP) market is witnessing steady growth, primarily propelled by expanding applications in construction and road surfacing, lubricants, and specialty chemicals. Asphalt modification remains the leading application segment, especially in regions where cold weather conditions demand enhanced elasticity and durability of bitumen, and TOP-modified asphalt fulfills this requirement cost-effectively. The fuel additive segment is also expanding, with TOP being used in biofuel blending, especially in marine fuels, where its high viscosity and calorific value are advantageous. Moreover, its use as a dispersant and emulsifier in metalworking fluids and drilling muds in the oil & gas sector adds to its market depth. The growing preference for bio-based feedstocks in adhesives, sealants, and coatings is also pushing manufacturers to explore TOP as a resin or tackifier component. Major producers like Kraton Corporation, Georgia-Pacific Chemicals, and Forchem Oy are investing in process optimization to improve yield and application performance of TOP derivatives.

Regional Analysis:

North America represents a mature and significant market for TOP, particularly due to the large concentration of Kraft pulp mills in the U.S. and Canada. Europe holds a major share in the global TOP market, driven by strong environmental regulations, well-established forestry and pulping industries in Nordic countries, and rising demand for renewable feedstocks in chemicals and fuels. Countries like Finland and Sweden not only produce large quantities of CTO but also are at the forefront of R&D into high-performance tall oil derivatives. The EU's commitment to achieving climate neutrality by 2050 fosters strong demand for bio-based products, including TOP in asphalt and lubricants. Asia-Pacific is an emerging but rapidly expanding region for the TOP market. With increasing road and infrastructure development in countries such as China, India, and Southeast Asia, demand for asphalt modifiers is growing. However, limited local production of CTO poses a challenge. Imports from the U.S. and Europe are helping meet demand, and some regional players are exploring tall oil feedstock alternatives and processing technologies. Additionally, increasing bio-lubricant adoption in industrializing economies presents a growth avenue.

Market Development Opportunities:

Sustainable Infrastructure. Bio-lubricants and Additives. Marine Fuel Additives. Emerging Economies. Circular Economy and Biorefinery Integration.

Market Risks and Challenges:

Raw Material Dependency. Low Awareness and Perception. Technical Limitations. Competition from Petrochemical Alternatives. Regulatory Hurdles.

Development Trends:

The TOP market is moving toward value-added product development and enhanced sustainability. A growing trend is the functional upgrading of TOP through chemical modification to enhance properties such as adhesion, emulsification, or oxidative stability. This is especially evident in the adhesives and lubricant segments. Furthermore, integration of biorefineries with paper mills is gaining attention, allowing for optimized separation and utilization of various CTO fractions, including TOP. There is also a clear movement toward supply chain localization in Asia and Latin America to reduce dependency on imported CTO and TOP.

This report aims to provide a comprehensive presentation of the global market for Tall Oil Pitch (TOP), focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Tall Oil Pitch (TOP) by region & country, by Type, and by Application.

The Tall Oil Pitch (TOP) 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 Tall Oil Pitch (TOP).

Market Segmentation

By Company

• Kraton
• Ingevity
• Segezha Group
• Fintoil
• DRT
• Lesokhimik
• Songchuan Pine Chemical Co., Ltd
• Sha Xian Jin Long Spices Chemical Co., Ltd
• Resitol Chemical Industry

Segment by Type

• <30 Acid Number (mg kOH/g)
• 30-60 Acid Number (mg kOH/g)
• >60 Acid Number (mg kOH/g)

Segment by Application

• Energy and Fuels
• Adhesives and Additives
• 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 Tall Oil Pitch (TOP) 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 Tall Oil Pitch (TOP) 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 Tall Oil Pitch (TOP) 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.

Table of Contents

1 Market Overview

• 1.1 Tall Oil Pitch (TOP) Product Introduction
• 1.2 Global Tall Oil Pitch (TOP) Market Size Forecast
  • 1.2.1 Global Tall Oil Pitch (TOP) Sales Value (2020-2031)
  • 1.2.2 Global Tall Oil Pitch (TOP) Sales Volume (2020-2031)
  • 1.2.3 Global Tall Oil Pitch (TOP) Sales Price (2020-2031)
• 1.3 Tall Oil Pitch (TOP) Market Trends & Drivers
  • 1.3.1 Tall Oil Pitch (TOP) Industry Trends
  • 1.3.2 Tall Oil Pitch (TOP) Market Drivers & Opportunity
  • 1.3.3 Tall Oil Pitch (TOP) Market Challenges
  • 1.3.4 Tall Oil Pitch (TOP) Market Restraints
• 1.4 Assumptions and Limitations
• 1.5 Study Objectives
• 1.6 Years Considered

2 Competitive Analysis by Company

• 2.1 Global Tall Oil Pitch (TOP) Players Revenue Ranking (2024)
• 2.2 Global Tall Oil Pitch (TOP) Revenue by Company (2020-2025)
• 2.3 Global Tall Oil Pitch (TOP) Players Sales Volume Ranking (2024)
• 2.4 Global Tall Oil Pitch (TOP) Sales Volume by Company Players (2020-2025)
• 2.5 Global Tall Oil Pitch (TOP) Average Price by Company (2020-2025)
• 2.6 Key Manufacturers Tall Oil Pitch (TOP) Manufacturing Base and Headquarters
• 2.7 Key Manufacturers Tall Oil Pitch (TOP) Product Offered
• 2.8 Key Manufacturers Time to Begin Mass Production of Tall Oil Pitch (TOP)
• 2.9 Tall Oil Pitch (TOP) Market Competitive Analysis
  • 2.9.1 Tall Oil Pitch (TOP) Market Concentration Rate (2020-2025)
  • 2.9.2 Global 5 and 10 Largest Manufacturers by Tall Oil Pitch (TOP) Revenue in 2024
  • 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Tall Oil Pitch (TOP) as of 2024)
• 2.10 Mergers & Acquisitions, Expansion

3 Segmentation by Type

• 3.1 Introduction by Type
  • 3.1.1 <30 Acid Number (mg kOH/g)
  • 3.1.2 30-60 Acid Number (mg kOH/g)
  • 3.1.3 >60 Acid Number (mg kOH/g)
• 3.2 Global Tall Oil Pitch (TOP) Sales Value by Type
  • 3.2.1 Global Tall Oil Pitch (TOP) Sales Value by Type (2020 VS 2024 VS 2031)
  • 3.2.2 Global Tall Oil Pitch (TOP) Sales Value, by Type (2020-2031)
  • 3.2.3 Global Tall Oil Pitch (TOP) Sales Value, by Type (%) (2020-2031)
• 3.3 Global Tall Oil Pitch (TOP) Sales Volume by Type
  • 3.3.1 Global Tall Oil Pitch (TOP) Sales Volume by Type (2020 VS 2024 VS 2031)
  • 3.3.2 Global Tall Oil Pitch (TOP) Sales Volume, by Type (2020-2031)
  • 3.3.3 Global Tall Oil Pitch (TOP) Sales Volume, by Type (%) (2020-2031)
• 3.4 Global Tall Oil Pitch (TOP) Average Price by Type (2020-2031)

4 Segmentation by Application

• 4.1 Introduction by Application
  • 4.1.1 Energy and Fuels
  • 4.1.2 Adhesives and Additives
  • 4.1.3 Others
• 4.2 Global Tall Oil Pitch (TOP) Sales Value by Application
  • 4.2.1 Global Tall Oil Pitch (TOP) Sales Value by Application (2020 VS 2024 VS 2031)
  • 4.2.2 Global Tall Oil Pitch (TOP) Sales Value, by Application (2020-2031)
  • 4.2.3 Global Tall Oil Pitch (TOP) Sales Value, by Application (%) (2020-2031)
• 4.3 Global Tall Oil Pitch (TOP) Sales Volume by Application
  • 4.3.1 Global Tall Oil Pitch (TOP) Sales Volume by Application (2020 VS 2024 VS 2031)
  • 4.3.2 Global Tall Oil Pitch (TOP) Sales Volume, by Application (2020-2031)
  • 4.3.3 Global Tall Oil Pitch (TOP) Sales Volume, by Application (%) (2020-2031)
• 4.4 Global Tall Oil Pitch (TOP) Average Price by Application (2020-2031)

5 Segmentation by Region

• 5.1 Global Tall Oil Pitch (TOP) Sales Value by Region
  • 5.1.1 Global Tall Oil Pitch (TOP) Sales Value by Region: 2020 VS 2024 VS 2031
  • 5.1.2 Global Tall Oil Pitch (TOP) Sales Value by Region (2020-2025)
  • 5.1.3 Global Tall Oil Pitch (TOP) Sales Value by Region (2026-2031)
  • 5.1.4 Global Tall Oil Pitch (TOP) Sales Value by Region (%), (2020-2031)
• 5.2 Global Tall Oil Pitch (TOP) Sales Volume by Region
  • 5.2.1 Global Tall Oil Pitch (TOP) Sales Volume by Region: 2020 VS 2024 VS 2031
  • 5.2.2 Global Tall Oil Pitch (TOP) Sales Volume by Region (2020-2025)
  • 5.2.3 Global Tall Oil Pitch (TOP) Sales Volume by Region (2026-2031)
  • 5.2.4 Global Tall Oil Pitch (TOP) Sales Volume by Region (%), (2020-2031)
• 5.3 Global Tall Oil Pitch (TOP) Average Price by Region (2020-2031)
• 5.4 North America
  • 5.4.1 North America Tall Oil Pitch (TOP) Sales Value, 2020-2031
  • 5.4.2 North America Tall Oil Pitch (TOP) Sales Value by Country (%), 2024 VS 2031
• 5.5 Europe
  • 5.5.1 Europe Tall Oil Pitch (TOP) Sales Value, 2020-2031
  • 5.5.2 Europe Tall Oil Pitch (TOP) Sales Value by Country (%), 2024 VS 2031
• 5.6 Asia Pacific
  • 5.6.1 Asia Pacific Tall Oil Pitch (TOP) Sales Value, 2020-2031
  • 5.6.2 Asia Pacific Tall Oil Pitch (TOP) Sales Value by Region (%), 2024 VS 2031
• 5.7 South America
  • 5.7.1 South America Tall Oil Pitch (TOP) Sales Value, 2020-2031
  • 5.7.2 South America Tall Oil Pitch (TOP) Sales Value by Country (%), 2024 VS 2031
• 5.8 Middle East & Africa
  • 5.8.1 Middle East & Africa Tall Oil Pitch (TOP) Sales Value, 2020-2031
  • 5.8.2 Middle East & Africa Tall Oil Pitch (TOP) Sales Value by Country (%), 2024 VS 2031

6 Segmentation by Key Countries/Regions

• 6.1 Key Countries/Regions Tall Oil Pitch (TOP) Sales Value Growth Trends, 2020 VS 2024 VS 2031
• 6.2 Key Countries/Regions Tall Oil Pitch (TOP) Sales Value and Sales Volume
  • 6.2.1 Key Countries/Regions Tall Oil Pitch (TOP) Sales Value, 2020-2031
  • 6.2.2 Key Countries/Regions Tall Oil Pitch (TOP) Sales Volume, 2020-2031
• 6.3 United States
  • 6.3.1 United States Tall Oil Pitch (TOP) Sales Value, 2020-2031
  • 6.3.2 United States Tall Oil Pitch (TOP) Sales Value by Type (%), 2024 VS 2031
  • 6.3.3 United States Tall Oil Pitch (TOP) Sales Value by Application, 2024 VS 2031
• 6.4 Europe
  • 6.4.1 Europe Tall Oil Pitch (TOP) Sales Value, 2020-2031
  • 6.4.2 Europe Tall Oil Pitch (TOP) Sales Value by Type (%), 2024 VS 2031
  • 6.4.3 Europe Tall Oil Pitch (TOP) Sales Value by Application, 2024 VS 2031
• 6.5 China
  • 6.5.1 China Tall Oil Pitch (TOP) Sales Value, 2020-2031
  • 6.5.2 China Tall Oil Pitch (TOP) Sales Value by Type (%), 2024 VS 2031
  • 6.5.3 China Tall Oil Pitch (TOP) Sales Value by Application, 2024 VS 2031
• 6.6 Japan
  • 6.6.1 Japan Tall Oil Pitch (TOP) Sales Value, 2020-2031
  • 6.6.2 Japan Tall Oil Pitch (TOP) Sales Value by Type (%), 2024 VS 2031
  • 6.6.3 Japan Tall Oil Pitch (TOP) Sales Value by Application, 2024 VS 2031
• 6.7 South Korea
  • 6.7.1 South Korea Tall Oil Pitch (TOP) Sales Value, 2020-2031
  • 6.7.2 South Korea Tall Oil Pitch (TOP) Sales Value by Type (%), 2024 VS 2031
  • 6.7.3 South Korea Tall Oil Pitch (TOP) Sales Value by Application, 2024 VS 2031
• 6.8 Southeast Asia
  • 6.8.1 Southeast Asia Tall Oil Pitch (TOP) Sales Value, 2020-2031
  • 6.8.2 Southeast Asia Tall Oil Pitch (TOP) Sales Value by Type (%), 2024 VS 2031
  • 6.8.3 Southeast Asia Tall Oil Pitch (TOP) Sales Value by Application, 2024 VS 2031
• 6.9 India
  • 6.9.1 India Tall Oil Pitch (TOP) Sales Value, 2020-2031
  • 6.9.2 India Tall Oil Pitch (TOP) Sales Value by Type (%), 2024 VS 2031
  • 6.9.3 India Tall Oil Pitch (TOP) Sales Value by Application, 2024 VS 2031

7 Company Profiles

• 7.1 Kraton
  • 7.1.1 Kraton Company Information
  • 7.1.2 Kraton Introduction and Business Overview
  • 7.1.3 Kraton Tall Oil Pitch (TOP) Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.1.4 Kraton Tall Oil Pitch (TOP) Product Offerings
  • 7.1.5 Kraton Recent Development
• 7.2 Ingevity
  • 7.2.1 Ingevity Company Information
  • 7.2.2 Ingevity Introduction and Business Overview
  • 7.2.3 Ingevity Tall Oil Pitch (TOP) Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.2.4 Ingevity Tall Oil Pitch (TOP) Product Offerings
  • 7.2.5 Ingevity Recent Development
• 7.3 Segezha Group
  • 7.3.1 Segezha Group Company Information
  • 7.3.2 Segezha Group Introduction and Business Overview
  • 7.3.3 Segezha Group Tall Oil Pitch (TOP) Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.3.4 Segezha Group Tall Oil Pitch (TOP) Product Offerings
  • 7.3.5 Segezha Group Recent Development
• 7.4 Fintoil
  • 7.4.1 Fintoil Company Information
  • 7.4.2 Fintoil Introduction and Business Overview
  • 7.4.3 Fintoil Tall Oil Pitch (TOP) Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.4.4 Fintoil Tall Oil Pitch (TOP) Product Offerings
  • 7.4.5 Fintoil Recent Development
• 7.5 DRT
  • 7.5.1 DRT Company Information
  • 7.5.2 DRT Introduction and Business Overview
  • 7.5.3 DRT Tall Oil Pitch (TOP) Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.5.4 DRT Tall Oil Pitch (TOP) Product Offerings
  • 7.5.5 DRT Recent Development
• 7.6 Lesokhimik
  • 7.6.1 Lesokhimik Company Information
  • 7.6.2 Lesokhimik Introduction and Business Overview
  • 7.6.3 Lesokhimik Tall Oil Pitch (TOP) Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.6.4 Lesokhimik Tall Oil Pitch (TOP) Product Offerings
  • 7.6.5 Lesokhimik Recent Development
• 7.7 Songchuan Pine Chemical Co., Ltd
  • 7.7.1 Songchuan Pine Chemical Co., Ltd Company Information
  • 7.7.2 Songchuan Pine Chemical Co., Ltd Introduction and Business Overview
  • 7.7.3 Songchuan Pine Chemical Co., Ltd Tall Oil Pitch (TOP) Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.7.4 Songchuan Pine Chemical Co., Ltd Tall Oil Pitch (TOP) Product Offerings
  • 7.7.5 Songchuan Pine Chemical Co., Ltd Recent Development
• 7.8 Sha Xian Jin Long Spices Chemical Co., Ltd
  • 7.8.1 Sha Xian Jin Long Spices Chemical Co., Ltd Company Information
  • 7.8.2 Sha Xian Jin Long Spices Chemical Co., Ltd Introduction and Business Overview
  • 7.8.3 Sha Xian Jin Long Spices Chemical Co., Ltd Tall Oil Pitch (TOP) Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.8.4 Sha Xian Jin Long Spices Chemical Co., Ltd Tall Oil Pitch (TOP) Product Offerings
  • 7.8.5 Sha Xian Jin Long Spices Chemical Co., Ltd Recent Development
• 7.9 Resitol Chemical Industry
  • 7.9.1 Resitol Chemical Industry Company Information
  • 7.9.2 Resitol Chemical Industry Introduction and Business Overview
  • 7.9.3 Resitol Chemical Industry Tall Oil Pitch (TOP) Sales, Revenue, Price and Gross Margin (2020-2025)
  • 7.9.4 Resitol Chemical Industry Tall Oil Pitch (TOP) Product Offerings
  • 7.9.5 Resitol Chemical Industry Recent Development

8 Industry Chain Analysis

• 8.1 Tall Oil Pitch (TOP) Industrial Chain
• 8.2 Tall Oil Pitch (TOP) Upstream Analysis
  • 8.2.1 Key Raw Materials
  • 8.2.2 Raw Materials Key Suppliers
  • 8.2.3 Manufacturing Cost Structure
• 8.3 Midstream Analysis
• 8.4 Downstream Analysis (Customers Analysis)
• 8.5 Sales Model and Sales Channels
  • 8.5.1 Tall Oil Pitch (TOP) Sales Model
  • 8.5.2 Sales Channel
  • 8.5.3 Tall Oil Pitch (TOP) Distributors

9 Research Findings and Conclusion

10 Appendix

• 10.1 Research Methodology
  • 10.1.1 Methodology/Research Approach
    • 10.1.1.1 Research Programs/Design
    • 10.1.1.2 Market Size Estimation
    • 10.1.1.3 Market Breakdown and Data Triangulation
  • 10.1.2 Data Source
    • 10.1.2.1 Secondary Sources
    • 10.1.2.2 Primary Sources
• 10.2 Author Details
• 10.3 Disclaimer