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Tung Oil-Global Market Insights and Sales Trends 2025
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 size is expected to reach US$ 259.7 million by 2029, growing at a CAGR of 2.6% from 2023 to 2029. The market is mainly driven by the significant applications of Tung Oil in various end use industries. The expanding demands from the Wood Finishing and Electronic, are propelling Tung Oil market. Raw Tung Oil, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Boiled Tung Oil segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Tung Oil, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Tung Oil market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Tung Oil market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Tung Oil sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Tung Oil covered in this report include Oleaginosa RAATZ, Wuzhou Oasis Chemicals, Xunyang Mingwen Oil, Qiubei County Shuanglong Oil and Jinxing Tung Oil, etc.
The global Tung Oil market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Oleaginosa RAATZ
Wuzhou Oasis Chemicals
Xunyang Mingwen Oil
Qiubei County Shuanglong Oil
Jinxing Tung Oil
Global Tung Oil market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Tung Oil market, Segment by Type:
Raw Tung Oil
Boiled Tung Oil
Global Tung Oil market, by Application
Wood Finishing
Electronic
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Tung Oil manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Tung Oil in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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 size is expected to reach US$ 259.7 million by 2029, growing at a CAGR of 2.6% from 2023 to 2029. The market is mainly driven by the significant applications of Tung Oil in various end use industries. The expanding demands from the Wood Finishing and Electronic, are propelling Tung Oil market. Raw Tung Oil, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Boiled Tung Oil segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Tung Oil, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Tung Oil market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Tung Oil market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Tung Oil sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Tung Oil covered in this report include Oleaginosa RAATZ, Wuzhou Oasis Chemicals, Xunyang Mingwen Oil, Qiubei County Shuanglong Oil and Jinxing Tung Oil, etc.
The global Tung Oil market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Oleaginosa RAATZ
Wuzhou Oasis Chemicals
Xunyang Mingwen Oil
Qiubei County Shuanglong Oil
Jinxing Tung Oil
Global Tung Oil market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Tung Oil market, Segment by Type:
Raw Tung Oil
Boiled Tung Oil
Global Tung Oil market, by Application
Wood Finishing
Electronic
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Tung Oil manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Tung Oil in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Tung Oil Market Overview
1.1 Tung Oil Product Overview
1.2 Tung Oil Market Segment by Type
1.2.1 Raw Tung Oil
1.2.2 Boiled Tung Oil
1.3 Global Tung Oil Market Size by Type
1.3.1 Global Tung Oil Market Size Overview by Type (2018-2029)
1.3.2 Global Tung Oil Historic Market Size Review by Type (2018-2023)
1.3.3 Global Tung Oil Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Tung Oil Sales Breakdown by Type (2018-2023)
1.4.2 Europe Tung Oil Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Tung Oil Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Tung Oil Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Tung Oil Sales Breakdown by Type (2018-2023)
2 Global Tung Oil Market Competition by Company
2.1 Global Top Players by Tung Oil Sales (2018-2023)
2.2 Global Top Players by Tung Oil Revenue (2018-2023)
2.3 Global Top Players by Tung Oil Price (2018-2023)
2.4 Global Top Manufacturers Tung Oil Manufacturing Base Distribution, Sales Area, Product Type
2.5 Tung Oil Market Competitive Situation and Trends
2.5.1 Tung Oil Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Tung Oil Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Tung Oil as of 2022)
2.7 Date of Key Manufacturers Enter into Tung Oil Market
2.8 Key Manufacturers Tung Oil Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Tung Oil Status and Outlook by Region
3.1 Global Tung Oil Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Tung Oil Historic Market Size by Region
3.2.1 Global Tung Oil Sales in Volume by Region (2018-2023)
3.2.2 Global Tung Oil Sales in Value by Region (2018-2023)
3.2.3 Global Tung Oil Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Tung Oil Forecasted Market Size by Region
3.3.1 Global Tung Oil Sales in Volume by Region (2024-2029)
3.3.2 Global Tung Oil Sales in Value by Region (2024-2029)
3.3.3 Global Tung Oil Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Tung Oil by Application
4.1 Tung Oil Market Segment by Application
4.1.1 Wood Finishing
4.1.2 Electronic
4.2 Global Tung Oil Market Size by Application
4.2.1 Global Tung Oil Market Size Overview by Application (2018-2029)
4.2.2 Global Tung Oil Historic Market Size Review by Application (2018-2023)
4.2.3 Global Tung Oil Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Tung Oil Sales Breakdown by Application (2018-2023)
4.3.2 Europe Tung Oil Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Tung Oil Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Tung Oil Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Tung Oil Sales Breakdown by Application (2018-2023)
5 North America Tung Oil by Country
5.1 North America Tung Oil Historic Market Size by Country
5.1.1 North America Tung Oil Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Tung Oil Sales in Volume by Country (2018-2023)
5.1.3 North America Tung Oil Sales in Value by Country (2018-2023)
5.2 North America Tung Oil Forecasted Market Size by Country
5.2.1 North America Tung Oil Sales in Volume by Country (2024-2029)
5.2.2 North America Tung Oil Sales in Value by Country (2024-2029)
6 Europe Tung Oil by Country
6.1 Europe Tung Oil Historic Market Size by Country
6.1.1 Europe Tung Oil Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Tung Oil Sales in Volume by Country (2018-2023)
6.1.3 Europe Tung Oil Sales in Value by Country (2018-2023)
6.2 Europe Tung Oil Forecasted Market Size by Country
6.2.1 Europe Tung Oil Sales in Volume by Country (2024-2029)
6.2.2 Europe Tung Oil Sales in Value by Country (2024-2029)
7 Asia-Pacific Tung Oil by Region
7.1 Asia-Pacific Tung Oil Historic Market Size by Region
7.1.1 Asia-Pacific Tung Oil Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Tung Oil Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Tung Oil Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Tung Oil Forecasted Market Size by Region
7.2.1 Asia-Pacific Tung Oil Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Tung Oil Sales in Value by Region (2024-2029)
8 Latin America Tung Oil by Country
8.1 Latin America Tung Oil Historic Market Size by Country
8.1.1 Latin America Tung Oil Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Tung Oil Sales in Volume by Country (2018-2023)
8.1.3 Latin America Tung Oil Sales in Value by Country (2018-2023)
8.2 Latin America Tung Oil Forecasted Market Size by Country
8.2.1 Latin America Tung Oil Sales in Volume by Country (2024-2029)
8.2.2 Latin America Tung Oil Sales in Value by Country (2024-2029)
9 Middle East and Africa Tung Oil by Country
9.1 Middle East and Africa Tung Oil Historic Market Size by Country
9.1.1 Middle East and Africa Tung Oil Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Tung Oil Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Tung Oil Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Tung Oil Forecasted Market Size by Country
9.2.1 Middle East and Africa Tung Oil Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Tung Oil Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Oleaginosa RAATZ
10.1.1 Oleaginosa RAATZ Company Information
10.1.2 Oleaginosa RAATZ Introduction and Business Overview
10.1.3 Oleaginosa RAATZ Tung Oil Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Oleaginosa RAATZ Tung Oil Products Offered
10.1.5 Oleaginosa RAATZ Recent Development
10.2 Wuzhou Oasis Chemicals
10.2.1 Wuzhou Oasis Chemicals Company Information
10.2.2 Wuzhou Oasis Chemicals Introduction and Business Overview
10.2.3 Wuzhou Oasis Chemicals Tung Oil Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Wuzhou Oasis Chemicals Tung Oil Products Offered
10.2.5 Wuzhou Oasis Chemicals Recent Development
10.3 Xunyang Mingwen Oil
10.3.1 Xunyang Mingwen Oil Company Information
10.3.2 Xunyang Mingwen Oil Introduction and Business Overview
10.3.3 Xunyang Mingwen Oil Tung Oil Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Xunyang Mingwen Oil Tung Oil Products Offered
10.3.5 Xunyang Mingwen Oil Recent Development
10.4 Qiubei County Shuanglong Oil
10.4.1 Qiubei County Shuanglong Oil Company Information
10.4.2 Qiubei County Shuanglong Oil Introduction and Business Overview
10.4.3 Qiubei County Shuanglong Oil Tung Oil Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Qiubei County Shuanglong Oil Tung Oil Products Offered
10.4.5 Qiubei County Shuanglong Oil Recent Development
10.5 Jinxing Tung Oil
10.5.1 Jinxing Tung Oil Company Information
10.5.2 Jinxing Tung Oil Introduction and Business Overview
10.5.3 Jinxing Tung Oil Tung Oil Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Jinxing Tung Oil Tung Oil Products Offered
10.5.5 Jinxing Tung Oil Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Tung Oil Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Tung Oil Industrial Chain Analysis
11.4 Tung Oil Market Dynamics
11.4.1 Tung Oil Industry Trends
11.4.2 Tung Oil Market Drivers
11.4.3 Tung Oil Market Challenges
11.4.4 Tung Oil Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Tung Oil Distributors
12.3 Tung Oil Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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