Bio-based Economy: Navigating the Rapid Move towards Crude Tall Oil Derivatives

What is Driving Demand?

In recent times, the market for Crude Tall Oil (CTO) derivatives has experienced tremendous growth, largely propelled by an increasing inclination towards bio-based products, as well as sustainability protocols. Delving into the supply side, it’s noteworthy to mention that CTO, as a by-product of the paper pulp industry, presents an abundant and renewable material, satisfying a critical factor in a bio-based economy.

Which Sectors are on the Forefront?

Seamlessly spread across an array of industries, CTO derivatives play a vital role, significantly in the adhesives, inks, and paints sectors. These sectors positively embrace the usage of CTO derivatives, vividly demonstrating the practical applicability of CTO. Moreover, the fuel industry has shown an invigorated interest in CTO derivatives, piquing curiosity around the potential these substances might hold for biofuels.

What does the Future Hold?

The landscape for CTO derivatives continues its rapid expansion, showing no signs of curbed growth in the foreseeable future. Projections are indicative of this, with exponential increases observed in studies relating to market volumes and values. Moving forward, manufacturers and businesses are likely to explore untapped opportunities and new applications, further fostering the growth of this market segment within the bio-based economy.