Global Tung Oil Market Research Report 2023(Status and Outlook)

Global Tung Oil Market Research Report 2023(Status and Outlook)



Report Overview

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.

The Global Tung Oil Market Size was estimated at USD 222.60 million in 2022 and is projected to reach USD 266.41 million by 2029, exhibiting a CAGR of 2.60% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Tung Oil market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Tung Oil Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Tung Oil market in any manner.

Global Tung Oil Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Oleaginosa RAATZ

Wuzhou Oasis Chemicals

Xunyang Mingwen Oil

Qiubei County Shuanglong Oil

Jinxing Tung Oil

Market Segmentation (by Type)

Raw Tung Oil

Boiled Tung Oil

Market Segmentation (by Application)

Commercial

Personal

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Tung Oil Market

Overview of the regional outlook of the Tung Oil Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Tung Oil
1.2 Key Market Segments
1.2.1 Tung Oil Segment by Type
1.2.2 Tung Oil Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Tung Oil Market Overview
2.1 Global Market Overview
2.1.1 Global Tung Oil Market Size (M USD) Estimates and Forecasts (2018-2029)
2.1.2 Global Tung Oil Sales Estimates and Forecasts (2018-2029)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Tung Oil Market Competitive Landscape
3.1 Global Tung Oil Sales by Manufacturers (2018-2023)
3.2 Global Tung Oil Revenue Market Share by Manufacturers (2018-2023)
3.3 Tung Oil Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Tung Oil Average Price by Manufacturers (2018-2023)
3.5 Manufacturers Tung Oil Sales Sites, Area Served, Product Type
3.6 Tung Oil Market Competitive Situation and Trends
3.6.1 Tung Oil Market Concentration Rate
3.6.2 Global 5 and 10 Largest Tung Oil Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Tung Oil Industry Chain Analysis
4.1 Tung Oil Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Tung Oil Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 New Product Developments
5.5.2 Mergers & Acquisitions
5.5.3 Expansions
5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies
6 Tung Oil Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Tung Oil Sales Market Share by Type (2018-2023)
6.3 Global Tung Oil Market Size Market Share by Type (2018-2023)
6.4 Global Tung Oil Price by Type (2018-2023)
7 Tung Oil Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Tung Oil Market Sales by Application (2018-2023)
7.3 Global Tung Oil Market Size (M USD) by Application (2018-2023)
7.4 Global Tung Oil Sales Growth Rate by Application (2018-2023)
8 Tung Oil Market Segmentation by Region
8.1 Global Tung Oil Sales by Region
8.1.1 Global Tung Oil Sales by Region
8.1.2 Global Tung Oil Sales Market Share by Region
8.2 North America
8.2.1 North America Tung Oil Sales by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Tung Oil Sales by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Tung Oil Sales by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Tung Oil Sales by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Tung Oil Sales by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 Oleaginosa RAATZ
9.1.1 Oleaginosa RAATZ Tung Oil Basic Information
9.1.2 Oleaginosa RAATZ Tung Oil Product Overview
9.1.3 Oleaginosa RAATZ Tung Oil Product Market Performance
9.1.4 Oleaginosa RAATZ Business Overview
9.1.5 Oleaginosa RAATZ Tung Oil SWOT Analysis
9.1.6 Oleaginosa RAATZ Recent Developments
9.2 Wuzhou Oasis Chemicals
9.2.1 Wuzhou Oasis Chemicals Tung Oil Basic Information
9.2.2 Wuzhou Oasis Chemicals Tung Oil Product Overview
9.2.3 Wuzhou Oasis Chemicals Tung Oil Product Market Performance
9.2.4 Wuzhou Oasis Chemicals Business Overview
9.2.5 Wuzhou Oasis Chemicals Tung Oil SWOT Analysis
9.2.6 Wuzhou Oasis Chemicals Recent Developments
9.3 Xunyang Mingwen Oil
9.3.1 Xunyang Mingwen Oil Tung Oil Basic Information
9.3.2 Xunyang Mingwen Oil Tung Oil Product Overview
9.3.3 Xunyang Mingwen Oil Tung Oil Product Market Performance
9.3.4 Xunyang Mingwen Oil Business Overview
9.3.5 Xunyang Mingwen Oil Tung Oil SWOT Analysis
9.3.6 Xunyang Mingwen Oil Recent Developments
9.4 Qiubei County Shuanglong Oil
9.4.1 Qiubei County Shuanglong Oil Tung Oil Basic Information
9.4.2 Qiubei County Shuanglong Oil Tung Oil Product Overview
9.4.3 Qiubei County Shuanglong Oil Tung Oil Product Market Performance
9.4.4 Qiubei County Shuanglong Oil Business Overview
9.4.5 Qiubei County Shuanglong Oil Tung Oil SWOT Analysis
9.4.6 Qiubei County Shuanglong Oil Recent Developments
9.5 Jinxing Tung Oil
9.5.1 Jinxing Tung Oil Tung Oil Basic Information
9.5.2 Jinxing Tung Oil Tung Oil Product Overview
9.5.3 Jinxing Tung Oil Tung Oil Product Market Performance
9.5.4 Jinxing Tung Oil Business Overview
9.5.5 Jinxing Tung Oil Tung Oil SWOT Analysis
9.5.6 Jinxing Tung Oil Recent Developments
10 Tung Oil Market Forecast by Region
10.1 Global Tung Oil Market Size Forecast
10.2 Global Tung Oil Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Tung Oil Market Size Forecast by Country
10.2.3 Asia Pacific Tung Oil Market Size Forecast by Region
10.2.4 South America Tung Oil Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Tung Oil by Country
11 Forecast Market by Type and by Application (2024-2029)
11.1 Global Tung Oil Market Forecast by Type (2024-2029)
11.1.1 Global Forecasted Sales of Tung Oil by Type (2024-2029)
11.1.2 Global Tung Oil Market Size Forecast by Type (2024-2029)
11.1.3 Global Forecasted Price of Tung Oil by Type (2024-2029)
11.2 Global Tung Oil Market Forecast by Application (2024-2029)
11.2.1 Global Tung Oil Sales (K MT) Forecast by Application
11.2.2 Global Tung Oil Market Size (M USD) Forecast by Application (2024-2029)
12 Conclusion and Key Findings

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