Market Overview:
The global wood-tar fraction market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The market growth can be attributed to the increasing demand for wood-tar fraction in construction coatings, ship coatings, animal husbandry and other applications. On the basis of type, resinous tars are expected to account for a major share of the global wood-tar fraction market during the forecast period. This can be attributed to their superior properties such as weathering resistance and adhesion. Hardwood tars are also anticipated to witness significant growth during the forecast period owing to their high solvency power and low volatility. Other tars are expected to account for a minor share of the global wood-tar fraction market during the forecast period. Based on application, construction coatings is anticipated hold a dominant position in terms of revenue contribution throughoutthe forecast period followed by ship coatings.
Product Definition:
Wood-tar fraction is a water soluble, dark brown liquid which is a by-product of the wood distillation process. It is used as an antiseptic, disinfectant and in the manufacture of dyes and other chemicals.
Resinous Tars:
Resinous tars is a product that results from the distillation of wood at a temperature greater than 200oC. It consists of highly concentrated tar, which is usually VOC-free and contains low molecular weight substances such as waxes, resins, and other hydrocarbons. Resinous tars are used in several end-use industries including furniture manufacturing, flooring industry for producing hardwood floors or laminates and also find application in construction industry for waterproofing purposes.
Hardwood Tars:
Hardwood tars are organic compounds found in the heart of hardwood trees. They are also known as turpentine or pine oil. It is a semi-solid form that consists of 76% to 80% saturated fat, 10% to 15% protein and 2 % to 3 % carbohydrates by dry weight basis. The product has high demand from furniture industry owing to its durability, water resistance and luster retention properties when used for manufacturing wood furniture such as cabinets, drawers etc.
Application Insights:
The construction coatings segment led the global wood-tar fraction market and accounted for more than 45.0% share of the overall revenue in 2017. The growth of this application segment is attributed to increasing demand from residential, commercial, and infrastructure projects across the globe. Wood-tar fraction is used as a binder in waterproofing membranes during construction activities which aid in preventing moisture penetration into supporting structures such as beams, columns, or walls resulting into preservation of building materials such as timbers & concrete coverings.
Wood-tar products are also used for coating masonry surfaces including bricks & stones making them water repellent thereby enhancing their durability against harsh environmental conditions such as high humidity and temperature over long periods of time without getting damaged or worn off easily.
Regional Analysis:
Asia Pacific dominated the global wood-tar fraction market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing construction spending along with growing industrialization in emerging economies such as China, India, Indonesia, Vietnam and Thailand. In addition, rising awareness regarding environment protection coupled with stringent regulations by regulatory bodies such as REACH are anticipated to drive industry demand over the forecast period.
The Asia Pacific was followed by Europe which accounted for a share of 22% in terms of volume in 2017 owing to high demand from countries including Russia and Germany. Increasing shipbuilding activities coupled with growing automotive industry is projected to augment product consumption across this region during the forecast period. North America emerged as third largest regional segment accounting for a share of 17% due to high consumption from U S A .
Growth Factors:
- Increasing demand from construction and infrastructure sectors
- Growing use of wood-tar fraction in paints, coatings, and adhesives
- Rising popularity of wood-tar fraction in personal care products
- Increasing demand for bio-based products over petrochemical based products
- Technological advancements that improve the quality and performance of wood-tar fraction
Scope Of The Report
Report Attributes
Report Details
Report Title
Wood-tar Fraction Market Research Report
By Type
Resinous Tars, Hardwood Tars, Other Tars
By Application
Construction Coatings, Ship Coatings, Animal Husbandry, Other Applications
By Companies
Auson, Skandian Group, Xinzhongxing Biomass, Verdi Life, Kemet, Lacq, Fusheng Carbon, Shuanghui Active Carbon, Albert Kerbl, S.P.S. BV, Eco Oil, Bashles
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Wood-tar Fraction Market Report Segments:
The global Wood-tar Fraction market is segmented on the basis of:
Types
Resinous Tars, Hardwood Tars, Other Tars
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Construction Coatings, Ship Coatings, Animal Husbandry, Other Applications
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Auson
- Skandian Group
- Xinzhongxing Biomass
- Verdi Life
- Kemet
- Lacq
- Fusheng Carbon
- Shuanghui Active Carbon
- Albert Kerbl
- S.P.S. BV
- Eco Oil
- Bashles
Highlights of The Wood-tar Fraction Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Resinous Tars
- Hardwood Tars
- Other Tars
- By Application:
- Construction Coatings
- Ship Coatings
- Animal Husbandry
- Other Applications
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Wood-tar Fraction Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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- Consumer Insights
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Wood-tar fraction is a type of oil that is made from the distillation of wood. It is used in paints, varnishes, and other products.
Some of the major companies in the wood-tar fraction market are Auson, Skandian Group, Xinzhongxing Biomass, Verdi Life, Kemet, Lacq, Fusheng Carbon, Shuanghui Active Carbon, Albert Kerbl, S.P.S. BV, Eco Oil, Bashles.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Wood-tar Fraction Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Wood-tar Fraction Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Wood-tar Fraction Market - Supply Chain
4.5. Global Wood-tar Fraction Market Forecast
4.5.1. Wood-tar Fraction Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Wood-tar Fraction Market Size (000 Units) and Y-o-Y Growth
4.5.3. Wood-tar Fraction Market Absolute $ Opportunity
5. Global Wood-tar Fraction Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Wood-tar Fraction Market Size and Volume Forecast by Type
5.3.1. Resinous Tars
5.3.2. Hardwood Tars
5.3.3. Other Tars
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Wood-tar Fraction Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Wood-tar Fraction Market Size and Volume Forecast by Application
6.3.1. Construction Coatings
6.3.2. Ship Coatings
6.3.3. Animal Husbandry
6.3.4. Other Applications
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Wood-tar Fraction Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Wood-tar Fraction Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Wood-tar Fraction Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Wood-tar Fraction Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Wood-tar Fraction Demand Share Forecast, 2019-2026
9. North America Wood-tar Fraction Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Wood-tar Fraction Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Wood-tar Fraction Market Size and Volume Forecast by Application
9.4.1. Construction Coatings
9.4.2. Ship Coatings
9.4.3. Animal Husbandry
9.4.4. Other Applications
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Wood-tar Fraction Market Size and Volume Forecast by Type
9.7.1. Resinous Tars
9.7.2. Hardwood Tars
9.7.3. Other Tars
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Wood-tar Fraction Demand Share Forecast, 2019-2026
10. Latin America Wood-tar Fraction Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Wood-tar Fraction Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Wood-tar Fraction Market Size and Volume Forecast by Application
10.4.1. Construction Coatings
10.4.2. Ship Coatings
10.4.3. Animal Husbandry
10.4.4. Other Applications
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Wood-tar Fraction Market Size and Volume Forecast by Type
10.7.1. Resinous Tars
10.7.2. Hardwood Tars
10.7.3. Other Tars
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Wood-tar Fraction Demand Share Forecast, 2019-2026
11. Europe Wood-tar Fraction Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Wood-tar Fraction Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Wood-tar Fraction Market Size and Volume Forecast by Application
11.4.1. Construction Coatings
11.4.2. Ship Coatings
11.4.3. Animal Husbandry
11.4.4. Other Applications
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Wood-tar Fraction Market Size and Volume Forecast by Type
11.7.1. Resinous Tars
11.7.2. Hardwood Tars
11.7.3. Other Tars
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Wood-tar Fraction Demand Share, 2019-2026
12. Asia Pacific Wood-tar Fraction Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Wood-tar Fraction Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Wood-tar Fraction Market Size and Volume Forecast by Application
12.4.1. Construction Coatings
12.4.2. Ship Coatings
12.4.3. Animal Husbandry
12.4.4. Other Applications
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Wood-tar Fraction Market Size and Volume Forecast by Type
12.7.1. Resinous Tars
12.7.2. Hardwood Tars
12.7.3. Other Tars
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Wood-tar Fraction Demand Share, 2019-2026
13. Middle East & Africa Wood-tar Fraction Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Wood-tar Fraction Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Wood-tar Fraction Market Size and Volume Forecast by Application
13.4.1. Construction Coatings
13.4.2. Ship Coatings
13.4.3. Animal Husbandry
13.4.4. Other Applications
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Wood-tar Fraction Market Size and Volume Forecast by Type
13.7.1. Resinous Tars
13.7.2. Hardwood Tars
13.7.3. Other Tars
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Wood-tar Fraction Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Wood-tar Fraction Market: Market Share Analysis
14.2. Wood-tar Fraction Distributors and Customers
14.3. Wood-tar Fraction Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Auson
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Skandian Group
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Xinzhongxing Biomass
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Verdi Life
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Kemet
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Lacq
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Fusheng Carbon
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Shuanghui Active Carbon
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Albert Kerbl
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. S.P.S. BV
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Eco Oil
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Bashles
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
