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Synopsis
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.
The global Tung Oil market was valued at US$ 216.5 million in 2023 and is anticipated to reach US$ 259.7 million by 2030, witnessing a CAGR of 2.6% during the forecast period 2024-2030.
North America is the largest Tung Oil market with about 34% market share. China is follower, accounting for about 23% market share.
The key manufacturers are Oleaginosa RAATZ, Wuzhou Oasis Chemicals, Xunyang Mingwen Oil, Qiubei County Shuanglong Oil, Jinxing Tung Oil etc. Top 3 companies occupied about 58% market share.
This report aims to provide a comprehensive presentation of the global market for Tung Oil, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Tung Oil.
Report Scope
The Tung Oil market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Tung Oil market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Tung Oil manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Oleaginosa RAATZ
Wuzhou Oasis Chemicals
Xunyang Mingwen Oil
Qiubei County Shuanglong Oil
Jinxing Tung Oil
Segment by Type
Raw Tung Oil
Boiled Tung Oil
Segment by Application
Wood Finishing
Electronic
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Tung Oil manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Tung Oil by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Tung Oil in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
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.
The global Tung Oil market was valued at US$ 216.5 million in 2023 and is anticipated to reach US$ 259.7 million by 2030, witnessing a CAGR of 2.6% during the forecast period 2024-2030.
North America is the largest Tung Oil market with about 34% market share. China is follower, accounting for about 23% market share.
The key manufacturers are Oleaginosa RAATZ, Wuzhou Oasis Chemicals, Xunyang Mingwen Oil, Qiubei County Shuanglong Oil, Jinxing Tung Oil etc. Top 3 companies occupied about 58% market share.
This report aims to provide a comprehensive presentation of the global market for Tung Oil, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Tung Oil.
Report Scope
The Tung Oil market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Tung Oil market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Tung Oil manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Oleaginosa RAATZ
Wuzhou Oasis Chemicals
Xunyang Mingwen Oil
Qiubei County Shuanglong Oil
Jinxing Tung Oil
Segment by Type
Raw Tung Oil
Boiled Tung Oil
Segment by Application
Wood Finishing
Electronic
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Tung Oil manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Tung Oil by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Tung Oil in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Tung Oil Market Overview
1.1 Product Definition
1.2 Tung Oil Segment by Type
1.2.1 Global Tung Oil Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Raw Tung Oil
1.2.3 Boiled Tung Oil
1.3 Tung Oil Segment by Application
1.3.1 Global Tung Oil Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Wood Finishing
1.3.3 Electronic
1.4 Global Market Growth Prospects
1.4.1 Global Tung Oil Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Tung Oil Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Tung Oil Production Estimates and Forecasts (2019-2030)
1.4.4 Global Tung Oil Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Tung Oil Production Market Share by Manufacturers (2019-2024)
2.2 Global Tung Oil Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Tung Oil, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Tung Oil Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Tung Oil Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Tung Oil, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Tung Oil, Product Offered and Application
2.8 Global Key Manufacturers of Tung Oil, Date of Enter into This Industry
2.9 Tung Oil Market Competitive Situation and Trends
2.9.1 Tung Oil Market Concentration Rate
2.9.2 Global 5 and 10 Largest Tung Oil Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Tung Oil Production by Region
3.1 Global Tung Oil Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Tung Oil Production Value by Region (2019-2030)
3.2.1 Global Tung Oil Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Tung Oil by Region (2025-2030)
3.3 Global Tung Oil Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Tung Oil Production by Region (2019-2030)
3.4.1 Global Tung Oil Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Tung Oil by Region (2025-2030)
3.5 Global Tung Oil Market Price Analysis by Region (2019-2024)
3.6 Global Tung Oil Production and Value, Year-over-Year Growth
3.6.1 North America Tung Oil Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Tung Oil Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Tung Oil Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Tung Oil Production Value Estimates and Forecasts (2019-2030)
4 Tung Oil Consumption by Region
4.1 Global Tung Oil Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Tung Oil Consumption by Region (2019-2030)
4.2.1 Global Tung Oil Consumption by Region (2019-2024)
4.2.2 Global Tung Oil Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Tung Oil Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Tung Oil Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Tung Oil Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Tung Oil Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Tung Oil Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Tung Oil Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Tung Oil Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Tung Oil Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Tung Oil Production by Type (2019-2030)
5.1.1 Global Tung Oil Production by Type (2019-2024)
5.1.2 Global Tung Oil Production by Type (2025-2030)
5.1.3 Global Tung Oil Production Market Share by Type (2019-2030)
5.2 Global Tung Oil Production Value by Type (2019-2030)
5.2.1 Global Tung Oil Production Value by Type (2019-2024)
5.2.2 Global Tung Oil Production Value by Type (2025-2030)
5.2.3 Global Tung Oil Production Value Market Share by Type (2019-2030)
5.3 Global Tung Oil Price by Type (2019-2030)
6 Segment by Application
6.1 Global Tung Oil Production by Application (2019-2030)
6.1.1 Global Tung Oil Production by Application (2019-2024)
6.1.2 Global Tung Oil Production by Application (2025-2030)
6.1.3 Global Tung Oil Production Market Share by Application (2019-2030)
6.2 Global Tung Oil Production Value by Application (2019-2030)
6.2.1 Global Tung Oil Production Value by Application (2019-2024)
6.2.2 Global Tung Oil Production Value by Application (2025-2030)
6.2.3 Global Tung Oil Production Value Market Share by Application (2019-2030)
6.3 Global Tung Oil Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Oleaginosa RAATZ
7.1.1 Oleaginosa RAATZ Tung Oil Corporation Information
7.1.2 Oleaginosa RAATZ Tung Oil Product Portfolio
7.1.3 Oleaginosa RAATZ Tung Oil Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Oleaginosa RAATZ Main Business and Markets Served
7.1.5 Oleaginosa RAATZ Recent Developments/Updates
7.2 Wuzhou Oasis Chemicals
7.2.1 Wuzhou Oasis Chemicals Tung Oil Corporation Information
7.2.2 Wuzhou Oasis Chemicals Tung Oil Product Portfolio
7.2.3 Wuzhou Oasis Chemicals Tung Oil Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Wuzhou Oasis Chemicals Main Business and Markets Served
7.2.5 Wuzhou Oasis Chemicals Recent Developments/Updates
7.3 Xunyang Mingwen Oil
7.3.1 Xunyang Mingwen Oil Tung Oil Corporation Information
7.3.2 Xunyang Mingwen Oil Tung Oil Product Portfolio
7.3.3 Xunyang Mingwen Oil Tung Oil Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Xunyang Mingwen Oil Main Business and Markets Served
7.3.5 Xunyang Mingwen Oil Recent Developments/Updates
7.4 Qiubei County Shuanglong Oil
7.4.1 Qiubei County Shuanglong Oil Tung Oil Corporation Information
7.4.2 Qiubei County Shuanglong Oil Tung Oil Product Portfolio
7.4.3 Qiubei County Shuanglong Oil Tung Oil Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Qiubei County Shuanglong Oil Main Business and Markets Served
7.4.5 Qiubei County Shuanglong Oil Recent Developments/Updates
7.5 Jinxing Tung Oil
7.5.1 Jinxing Tung Oil Tung Oil Corporation Information
7.5.2 Jinxing Tung Oil Tung Oil Product Portfolio
7.5.3 Jinxing Tung Oil Tung Oil Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Jinxing Tung Oil Main Business and Markets Served
7.5.5 Jinxing Tung Oil Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Tung Oil Industry Chain Analysis
8.2 Tung Oil Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Tung Oil Production Mode & Process
8.4 Tung Oil Sales and Marketing
8.4.1 Tung Oil Sales Channels
8.4.2 Tung Oil Distributors
8.5 Tung Oil Customers
9 Tung Oil Market Dynamics
9.1 Tung Oil Industry Trends
9.2 Tung Oil Market Drivers
9.3 Tung Oil Market Challenges
9.4 Tung Oil Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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