Global Turpentine Market Size, Share, Growth, Trends

The global turpentine market size was estimated at USD 1.60 billion in 2023 and is expected to reach USD 2.67 billion by 2033, growing at a CAGR of 5.23% from 2023 to 2033. The global market of turpentine is propelled due to the rising requirements for improving the quality and longevity of paints and coating solvents and materials can be met through the use of turpentine solutions. Additionally, the adhesive and sealants sub-segment closely trails, reaping the benefits of growth in the construction sector.