The global Wood Tar market was valued at 113.36 Million USD in 2021 and will grow with a CAGR of 1.26% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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.Wood tar is mainly classified into four types: resinous tars, hardwood tars, other tars. Resinous tars mainly include pine tar, and hardwood tars include beech tar, oak tar, etc. other tars are mainly made from straw, nuts, etc. And resinous tars are the most widely used type which takes up about 77% of the global total in 2016.

By Market Verdors:

Auson

Skandian Group

Xinzhongxing Biomass

Verdi Life

Kemet

Lacq

Fusheng Carbon

Shuanghui Active Carbon

Albert Kerbl

S.P.S. BV

Eco Oil

Bashles

By Types:

Resinous Tars

Hardwood Tars

By Applications:

Construction Coatings

Ship Coatings

Animal Husbandry

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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