Latest research report on “Tung Oil Market” now available at high quality database of ReportsnReports.com with market size, share, trends, competitive and statistical analysis. An exclusive data offered in this report is collected by research and industry experts team.
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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.
This report contains market size and forecasts of Tung Oil in global, including the following market information:
Global Tung Oil Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Tung Oil Market Sales, 2017-2022, 2023-2028, (MT)
Global top five Tung Oil companies in 2021 (%)
The global Tung Oil market was valued at 222.8 million in 2021 and is projected to reach US$ 264.6 million by 2028, at a CAGR of 2.5% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Raw Tung Oil Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Tung Oil include Oleaginosa RAATZ, Wuzhou Oasis Chemicals, Xunyang Mingwen Oil, Qiubei County Shuanglong Oil and Jinxing Tung Oil, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Tung Oil manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Tung Oil Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Tung Oil Market Segment Percentages, by Type, 2021 (%)
– Raw Tung Oil
– Boiled Tung Oil
Global Tung Oil Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Tung Oil Market Segment Percentages, by Application, 2021 (%)
– Wood Finishing
Global Tung Oil Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Tung Oil Market Segment Percentages, By Region and Country, 2021 (%)
– North America
– – US
– – Canada
– – Mexico
– – Germany
– – France
– – U.K.
– – Italy
– – Russia
– – Nordic Countries
– – Benelux
– – Rest of Europe
– – China
– – Japan
– – South Korea
– – Southeast Asia
– – India
– – Rest of Asia
– South America
– – Brazil
– – Argentina
– – Rest of South America
– Middle East & Africa
– – Turkey
– – Israel
– – Saudi Arabia
– – UAE
– – Rest of Middle East & Africa
The report also provides analysis of leading market participants including:
Key companies Tung Oil revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Tung Oil revenues share in global market, 2021 (%)
Key companies Tung Oil sales in global market, 2017-2022 (Estimated), (MT)
Key companies Tung Oil sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
– Oleaginosa RAATZ
– Wuzhou Oasis Chemicals
– Xunyang Mingwen Oil
– Qiubei County Shuanglong Oil
– Jinxing Tung Oil
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