Global Wood Tar Market Growth 2023-2029

Global Wood Tar Market Growth 2023-2029

Product Code:452954

Published Date: Feb 08,2023

Pages: 102

Region: Global

Category: Chemical & Material

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Wood tar is produced from a variety of natural materials through destructive distillation. Wood tar can be extracted from straw, wood, etc. Wood tar is type of tar with a mixture of free carbons and hydrocarbons.

LPI (LP Information)' newest research report, the “Wood Tar Industry Forecast” looks at past sales and reviews total world Wood Tar sales in 2022, providing a comprehensive analysis by region and market sector of projected Wood Tar sales for 2023 through 2029. With Wood Tar sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Wood Tar industry.

This Insight Report provides a comprehensive analysis of the global Wood Tar landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Wood Tar portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Wood Tar market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Wood Tar and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Wood Tar.

The global Wood Tar market size is projected to grow from US$ 116 million in 2022 to US$ 127.4 million in 2029; it is expected to grow at a CAGR of 127.4 from 2023 to 2029.

Auson, Skandian Group, Xinzhongxing Biomass, Verdi Life, Kemet, Lacq, Fusheng Carbon, Shuanghui Active Carbon, Albert Kerbl, S.P.S. BV, Eco Oil and Bashles are once the key producers in the global wood tar market in the past years. Top five of them took up about 50% of the global production. Auson, which have leading technology and largest market, is wellknown suppliers around the world, and Xinzhongxing Biomass, Shuanghui Active Carbon, Fusheng Carbon are the leading supplier in China with the total local share of about 2/3.

This report presents a comprehensive overview, market shares, and growth opportunities of Wood Tar market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Resinous Tars
    Hardwood Tars
    Others

Segmentation by application
    Construction Coatings
    Ship Coatings
    Animal Husbandry
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Auson
    Skandian Group
    Xinzhongxing Biomass
    Verdi Life
    Kemet
    Lacq
    Fusheng Carbon
    Shuanghui Active Carbon
    Albert Kerbl
    S.P.S. BV
    Eco Oil
    Bashles

Key Questions Addressed in this Report
What is the 10-year outlook for the global Wood Tar market?
What factors are driving Wood Tar market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Wood Tar market opportunities vary by end market size?
How does Wood Tar break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?