Global Wood Tar Market Growth 2023-2029

Global Wood Tar Market Growth 2023-2029

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?

Please note: The report will take approximately 2 business days to prepare and deliver.