Dallas, TX (PRWEB) October 17, 2013
China’s turpentine industry mainly refers to gum turpentine owing to the small amount of crude sulphate 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 production as well as market situation of gum rosin.
Nowadays, in China, gum turpentine is mainly consumed to produce terpene resins, synthetic camphor, terpineol, etc. As a result of the fast development of China’s gum turpentine derivatives, foreign enterprises tend to purchase Chinese-made gum turpentine as the main component of turpentine. Alpha-pinene (α-pinene) and beta-pinene (β-pinene) are important forest chemicals in China.
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After global financial crisis in 2008, global economy recovered quite slowly. China took the lead in economic recovery around the world with implementation of a massive stimulus package. However, the negative effects of a massive stimulus package have appeared since 2010 including but not limited to debt crisis, high inflation rate and more. How much does this affect China’s pinene industry? This research will help answer this question.
In 2012, the output of pinene dropped a lot. In this pinene report, data and information will tell you the details of the changes in the past years and the changing trend in the next five to ten years for this market.
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China is still a very important supplier of pinene in the world and a large quantity of pinene is exported annually while little pinene is imported. In this report, the detailed export situation of pinene (α-pinene and β-pinene) in 2011 and 2012 is analyzed as well as general information about pinene export is provided.
In China, α-pinene is mainly applied in dihydromyrcene / dihydromyrcenol, synthetic camphor, synthetic borneol and all kinds of synthetic perfumes. β-pinene is mainly applied in synthesized flavors and polymerized terpene resin. This report offers market shares of these two kinds of pinene in 2011 as well as the forecasts on pinene consumption in the coming five to ten years.
In addition to the above points, this analysis will offer an insightful analysis on the following factors:
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