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Global Wood Tar Market Will Reach USD 176 Million by 2026

  • Base Year: 2018
  • Estimated Year: 2019
  • Forecast Period: 2019 to 2026

The global Wood Tar market is expected to increase from USD 131 million in 2019 to USD 176 million by 2026, registering a CAGR of 4.32% from 2019 to 2026.

With the recovery of the global economy and the development of emerging powers, the Wood Tar market is endowed with a promising future.

Wood tar is produced from a variety of natural materials by destructive distillation. Wood tar can be extracted from straw, wood, and the like. Wood tar is a tar type containing a mixture of free carbon and hydrocarbons.

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Key Players:

Key players in the Wood Tar market cover Auson, Skandian Group, Xinzhongxing Biomass, Verdi Life, Kemet, Lacq, Fusheng Carbon, Shuanghui Active Carbon, Albert Kerbl, S.P.S. BV, Eco Oil, Bashles, and others.

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Forecast by Geography

Geographically, this market is classified into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The Asia-Pacific is the largest market at a share of 34.77%, followed by North America and Europe, accounting for 26.95% and 24.32% respectively.

Type Segment Analysis

By product type, the Wood Tar market is segmented into Hardwood Tars, Resinous Tars, and Other Tars.

Application Segment Analysis

Wood Tar is widely used in Animal Husbandry, Ship Coatings, Construction Coatings, and Other Applications.

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Target Audience:

Wood Tar manufacturers

Raw material suppliers of Wood Tar

Distributors and resellers of Wood Tar

Wood Tar industry associations

Product managers, Wood Tar industry administrator, C-level executives of the industries

Market Research and consulting firms

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Wood Tar