Global Tung Oil Market Analysis and Forecast 2024-2030

Global Tung Oil Market Analysis and Forecast 2024-2030


Summary

Pure Tung Oil is a finishing product that provides a tough, flexible and highly water-resistant coating. It is classed as a drying oil along with linseed, poppy seed, safflower seed, walnut, soybean, oiticica and a few other oils. Although it is relatively new to the Western world, tung oil has been known for centuries to the Chinese, and until this century, China was the main source for the oil. It comes from the seed of the tung trees, Aleurites fordii and Aleurites montana, deciduous trees that are very susceptible to frost damage. This vulnerability has restricted the cultivation of the tung trees to China and South America.

According to APO Research, The global Tung Oil market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.

The US & Canada market for Tung Oil is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Asia-Pacific market for Tung Oil is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

The China market for Tung Oil is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Europe market for Tung Oil is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

The major global manufacturers of Tung Oil include Oleaginosa RAATZ, Wuzhou Oasis Chemicals, Xunyang Mingwen Oil, Qiubei County Shuanglong Oil and Jinxing Tung Oil, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

In terms of production side, this report researches the Tung Oil production, growth rate, market share by manufacturers and by region (region level and country level), from 2019 to 2024, and forecast to 2030.

In terms of consumption side, this report focuses on the sales of Tung Oil by region (region level and country level), by Company, by Type and by Application. from 2019 to 2024 and forecast to 2030.

This report presents an overview of global market for Tung Oil, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report researches the key producers of Tung Oil, also provides the consumption of main regions and countries. Of the upcoming market potential for Tung Oil, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Tung Oil sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Tung Oil market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Tung Oil sales, projected growth trends, production technology, application and end-user industry.

Tung Oil segment by Company

Oleaginosa RAATZ
Wuzhou Oasis Chemicals
Xunyang Mingwen Oil
Qiubei County Shuanglong Oil
Jinxing Tung Oil
Tung Oil segment by Type

Raw Tung Oil
Boiled Tung Oil
Tung Oil segment by Application

Wood Finishing
Electronic
Tung Oil segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Study Objectives

1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Tung Oil market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Tung Oil and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Tung Oil.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by type and by application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces 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 3: Tung Oil production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.
Chapter 4: Sales (consumption), revenue of Tung Oil in global, regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 5: Detailed analysis of Tung Oil manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 6: Provides the analysis of various market segments by type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7: Provides the analysis of various market segments by application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Tung Oil sales, revenue, price, gross margin, and recent development, etc.
Chapter 9: North America (US & Canada) by type, by application and by country, sales, and revenue for each segment.
Chapter 10: Europe by type, by application and by country, sales, and revenue for each segment.
Chapter 11: China by type, by application, sales, and revenue for each segment.
Chapter 12: Asia (Excluding China) by type, by application and by region, sales, and revenue for each segment.
Chapter 13: Middle East, Africa, Latin America by type, by application and by country, sales, and revenue for each segment.
Chapter 14: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.
Chapter 15: The main concluding insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Tung Oil Market by Type
1.2.1 Global Tung Oil Market Size by Type, 2019 VS 2023 VS 2030
1.2.2 Raw Tung Oil
1.2.3 Boiled Tung Oil
1.3 Tung Oil Market by Application
1.3.1 Global Tung Oil Market Size by Application, 2019 VS 2023 VS 2030
1.3.2 Wood Finishing
1.3.3 Electronic
1.4 Assumptions and Limitations
1.5 Study Goals and Objectives
2 Tung Oil Market Dynamics
2.1 Tung Oil Industry Trends
2.2 Tung Oil Industry Drivers
2.3 Tung Oil Industry Opportunities and Challenges
2.4 Tung Oil Industry Restraints
3 Global Tung Oil Production Overview
3.1 Global Tung Oil Production Capacity (2019-2030)
3.2 Global Tung Oil Production by Region: 2019 VS 2023 VS 2030
3.3 Global Tung Oil Production by Region
3.3.1 Global Tung Oil Production by Region (2019-2024)
3.3.2 Global Tung Oil Production by Region (2025-2030)
3.3.3 Global Tung Oil Production Market Share by Region (2019-2030)
3.4 North America
3.5 Europe
3.6 China
3.7 Japan
4 Global Market Growth Prospects
4.1 Global Tung Oil Revenue Estimates and Forecasts (2019-2030)
4.2 Global Tung Oil Revenue by Region
4.2.1 Global Tung Oil Revenue by Region: 2019 VS 2023 VS 2030
4.2.2 Global Tung Oil Revenue by Region (2019-2024)
4.2.3 Global Tung Oil Revenue by Region (2025-2030)
4.2.4 Global Tung Oil Revenue Market Share by Region (2019-2030)
4.3 Global Tung Oil Sales Estimates and Forecasts 2019-2030
4.4 Global Tung Oil Sales by Region
4.4.1 Global Tung Oil Sales by Region: 2019 VS 2023 VS 2030
4.4.2 Global Tung Oil Sales by Region (2019-2024)
4.4.3 Global Tung Oil Sales by Region (2025-2030)
4.4.4 Global Tung Oil Sales Market Share by Region (2019-2030)
4.5 US & Canada
4.6 Europe
4.7 China
4.8 Asia (Excluding China)
4.9 Middle East, Africa and Latin America
5 Market Competitive Landscape by Manufacturers
5.1 Global Tung Oil Revenue by Manufacturers
5.1.1 Global Tung Oil Revenue by Manufacturers (2019-2024)
5.1.2 Global Tung Oil Revenue Market Share by Manufacturers (2019-2024)
5.1.3 Global Tung Oil Manufacturers Revenue Share Top 10 and Top 5 in 2023
5.2 Global Tung Oil Sales by Manufacturers
5.2.1 Global Tung Oil Sales by Manufacturers (2019-2024)
5.2.2 Global Tung Oil Sales Market Share by Manufacturers (2019-2024)
5.2.3 Global Tung Oil Manufacturers Sales Share Top 10 and Top 5 in 2023
5.3 Global Tung Oil Sales Price by Manufacturers (2019-2024)
5.4 Global Tung Oil Key Manufacturers Ranking, 2022 VS 2023 VS 2024
5.5 Global Tung Oil Key Manufacturers Manufacturing Sites & Headquarters
5.6 Global Tung Oil Manufacturers, Product Type & Application
5.7 Global Tung Oil Manufacturers Commercialization Time
5.8 Market Competitive Analysis
5.8.1 Global Tung Oil Market CR5 and HHI
5.8.2 2023 Tung Oil Tier 1, Tier 2, and Tier 3
6 Tung Oil Market by Type
6.1 Global Tung Oil Revenue by Type
6.1.1 Global Tung Oil Revenue by Type (2019 VS 2023 VS 2030)
6.1.2 Global Tung Oil Revenue by Type (2019-2030) & (US$ Million)
6.1.3 Global Tung Oil Revenue Market Share by Type (2019-2030)
6.2 Global Tung Oil Sales by Type
6.2.1 Global Tung Oil Sales by Type (2019 VS 2023 VS 2030)
6.2.2 Global Tung Oil Sales by Type (2019-2030) & (MT)
6.2.3 Global Tung Oil Sales Market Share by Type (2019-2030)
6.3 Global Tung Oil Price by Type
7 Tung Oil Market by Application
7.1 Global Tung Oil Revenue by Application
7.1.1 Global Tung Oil Revenue by Application (2019 VS 2023 VS 2030)
7.1.2 Global Tung Oil Revenue by Application (2019-2030) & (US$ Million)
7.1.3 Global Tung Oil Revenue Market Share by Application (2019-2030)
7.2 Global Tung Oil Sales by Application
7.2.1 Global Tung Oil Sales by Application (2019 VS 2023 VS 2030)
7.2.2 Global Tung Oil Sales by Application (2019-2030) & (MT)
7.2.3 Global Tung Oil Sales Market Share by Application (2019-2030)
7.3 Global Tung Oil Price by Application
8 Company Profiles
8.1 Oleaginosa RAATZ
8.1.1 Oleaginosa RAATZ Comapny Information
8.1.2 Oleaginosa RAATZ Business Overview
8.1.3 Oleaginosa RAATZ Tung Oil Sales, Revenue, Price and Gross Margin (2019-2024)
8.1.4 Oleaginosa RAATZ Tung Oil Product Portfolio
8.1.5 Oleaginosa RAATZ Recent Developments
8.2 Wuzhou Oasis Chemicals
8.2.1 Wuzhou Oasis Chemicals Comapny Information
8.2.2 Wuzhou Oasis Chemicals Business Overview
8.2.3 Wuzhou Oasis Chemicals Tung Oil Sales, Revenue, Price and Gross Margin (2019-2024)
8.2.4 Wuzhou Oasis Chemicals Tung Oil Product Portfolio
8.2.5 Wuzhou Oasis Chemicals Recent Developments
8.3 Xunyang Mingwen Oil
8.3.1 Xunyang Mingwen Oil Comapny Information
8.3.2 Xunyang Mingwen Oil Business Overview
8.3.3 Xunyang Mingwen Oil Tung Oil Sales, Revenue, Price and Gross Margin (2019-2024)
8.3.4 Xunyang Mingwen Oil Tung Oil Product Portfolio
8.3.5 Xunyang Mingwen Oil Recent Developments
8.4 Qiubei County Shuanglong Oil
8.4.1 Qiubei County Shuanglong Oil Comapny Information
8.4.2 Qiubei County Shuanglong Oil Business Overview
8.4.3 Qiubei County Shuanglong Oil Tung Oil Sales, Revenue, Price and Gross Margin (2019-2024)
8.4.4 Qiubei County Shuanglong Oil Tung Oil Product Portfolio
8.4.5 Qiubei County Shuanglong Oil Recent Developments
8.5 Jinxing Tung Oil
8.5.1 Jinxing Tung Oil Comapny Information
8.5.2 Jinxing Tung Oil Business Overview
8.5.3 Jinxing Tung Oil Tung Oil Sales, Revenue, Price and Gross Margin (2019-2024)
8.5.4 Jinxing Tung Oil Tung Oil Product Portfolio
8.5.5 Jinxing Tung Oil Recent Developments
9 North America
9.1 North America Tung Oil Market Size by Type
9.1.1 North America Tung Oil Revenue by Type (2019-2030)
9.1.2 North America Tung Oil Sales by Type (2019-2030)
9.1.3 North America Tung Oil Price by Type (2019-2030)
9.2 North America Tung Oil Market Size by Application
9.2.1 North America Tung Oil Revenue by Application (2019-2030)
9.2.2 North America Tung Oil Sales by Application (2019-2030)
9.2.3 North America Tung Oil Price by Application (2019-2030)
9.3 North America Tung Oil Market Size by Country
9.3.1 North America Tung Oil Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
9.3.2 North America Tung Oil Sales by Country (2019 VS 2023 VS 2030)
9.3.3 North America Tung Oil Price by Country (2019-2030)
9.3.4 U.S.
9.3.5 Canada
10 Europe
10.1 Europe Tung Oil Market Size by Type
10.1.1 Europe Tung Oil Revenue by Type (2019-2030)
10.1.2 Europe Tung Oil Sales by Type (2019-2030)
10.1.3 Europe Tung Oil Price by Type (2019-2030)
10.2 Europe Tung Oil Market Size by Application
10.2.1 Europe Tung Oil Revenue by Application (2019-2030)
10.2.2 Europe Tung Oil Sales by Application (2019-2030)
10.2.3 Europe Tung Oil Price by Application (2019-2030)
10.3 Europe Tung Oil Market Size by Country
10.3.1 Europe Tung Oil Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
10.3.2 Europe Tung Oil Sales by Country (2019 VS 2023 VS 2030)
10.3.3 Europe Tung Oil Price by Country (2019-2030)
10.3.4 Germany
10.3.5 France
10.3.6 U.K.
10.3.7 Italy
10.3.8 Russia
11 China
11.1 China Tung Oil Market Size by Type
11.1.1 China Tung Oil Revenue by Type (2019-2030)
11.1.2 China Tung Oil Sales by Type (2019-2030)
11.1.3 China Tung Oil Price by Type (2019-2030)
11.2 China Tung Oil Market Size by Application
11.2.1 China Tung Oil Revenue by Application (2019-2030)
11.2.2 China Tung Oil Sales by Application (2019-2030)
11.2.3 China Tung Oil Price by Application (2019-2030)
12 Asia (Excluding China)
12.1 Asia Tung Oil Market Size by Type
12.1.1 Asia Tung Oil Revenue by Type (2019-2030)
12.1.2 Asia Tung Oil Sales by Type (2019-2030)
12.1.3 Asia Tung Oil Price by Type (2019-2030)
12.2 Asia Tung Oil Market Size by Application
12.2.1 Asia Tung Oil Revenue by Application (2019-2030)
12.2.2 Asia Tung Oil Sales by Application (2019-2030)
12.2.3 Asia Tung Oil Price by Application (2019-2030)
12.3 Asia Tung Oil Market Size by Country
12.3.1 Asia Tung Oil Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
12.3.2 Asia Tung Oil Sales by Country (2019 VS 2023 VS 2030)
12.3.3 Asia Tung Oil Price by Country (2019-2030)
12.3.4 Japan
12.3.5 South Korea
12.3.6 India
12.3.7 Australia
12.3.8 China Taiwan
12.3.9 Southeast Asia
13 Middle East, Africa and Latin America
13.1 Middle East, Africa and Latin America Tung Oil Market Size by Type
13.1.1 Middle East, Africa and Latin America Tung Oil Revenue by Type (2019-2030)
13.1.2 Middle East, Africa and Latin America Tung Oil Sales by Type (2019-2030)
13.1.3 Middle East, Africa and Latin America Tung Oil Price by Type (2019-2030)
13.2 Middle East, Africa and Latin America Tung Oil Market Size by Application
13.2.1 Middle East, Africa and Latin America Tung Oil Revenue by Application (2019-2030)
13.2.2 Middle East, Africa and Latin America Tung Oil Sales by Application (2019-2030)
13.2.3 Middle East, Africa and Latin America Tung Oil Price by Application (2019-2030)
13.3 Middle East, Africa and Latin America Tung Oil Market Size by Country
13.3.1 Middle East, Africa and Latin America Tung Oil Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
13.3.2 Middle East, Africa and Latin America Tung Oil Sales by Country (2019 VS 2023 VS 2030)
13.3.3 Middle East, Africa and Latin America Tung Oil Price by Country (2019-2030)
13.3.4 Mexico
13.3.5 Brazil
13.3.6 Israel
13.3.7 Argentina
13.3.8 Colombia
13.3.9 Turkey
13.3.10 Saudi Arabia
13.3.11 UAE
14 Value Chain and Sales Channels Analysis
14.1 Tung Oil Value Chain Analysis
14.1.1 Tung Oil Key Raw Materials
14.1.2 Raw Materials Key Suppliers
14.1.3 Manufacturing Cost Structure
14.1.4 Tung Oil Production Mode & Process
14.2 Tung Oil Sales Channels Analysis
14.2.1 Direct Comparison with Distribution Share
14.2.2 Tung Oil Distributors
14.2.3 Tung Oil Customers
15 Concluding Insights
16 Appendix
16.1 Reasons for Doing This Study
16.2 Research Methodology
16.3 Research Process
16.4 Authors List of This Report
16.5 Data Source
16.5.1 Secondary Sources
16.5.2 Primary Sources
16.6 Disclaimer

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