Global Wood Tar Market Overview:
Wood tar is the preservative used for preserving the wood products from sunlight and moisture ad acts as a protective barrier, it nourishes the wood and helps in protecting it from insects and termites. The wood tar is produced by the natural material through destructive distillation and carbonization production methods. Wood tar is of two types resinous tars and hardwood tars and it is widely used in construction coatings, ship coatings, animal husbandry, and other applications. Some of the players profiled in the study are Auson (Sweden), VerdiLife (United States), Kemet RV (Estonia), S.P.S. BV (Netherlands), Koppers (United States), Lacq (Netherlands), AgoHome (Poland) and Natrochem, Inc. (United States).
On the basis of geography, the market of Wood Tar has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sales Channel, the sub-segment i.e. Direct will boost the Wood Tar market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Production Method, the sub-segment i.e. Destructive Distillation will boost the Wood Tar market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Need for Wood Protective Coatings in the Wood Construction to Prevent it from Getting Damaged from Sunlight and Moisture
- Growing Wood-based Ship Production
Influencing Trend
- Increasing Usage of Wood Tar in Animal Husbandry and Ship Coatings
Restraints
- Stringent Regulatory Guideline son the Production and Distribution of Wood Tar
Opportunities
- Growing Demand for the Wood Tar in Marine Applications
Challenges
- Adverse Health-related Impacts with Handling of the Wood Tar
Key Market Developments:
On 30th September 2020, Koppers Holdings Inc. an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, announced the completion of the sale of its Koppers (Jiangsu) Carbon Chemical Company Limited (KJCC) to Fangda Carbon New Material Co., Ltd. and C-Chem Co., Ltd., a subsidiary of NIPPON STEEL Chemical & Material Co., Ltd. KJCC is a tar distillation facility located in Pizhou City, Jiangsu Province, China, and was 75-percent owned by the Company with the remaining 25 percent owned by Yizhou Group Company Limited (Yizhou).
Target Audience:
Wood Tar Manufacturers, Wood Tar International Traders, Wood Tar Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Wood Tar market on the basis of product [Resinous Tars, Hardwood Tars and Others] , application [Construction Coatings, Ship Coatings, Animal Husbandry and Other], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Wood Tar market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Wood Tar industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are
.** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Wood Tar market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.