Reports and Data estimates the global Pine Tar Market competitive landscape is highly fragmented with numerous players operating on a global and regional scale. The key companies in the market are engaged in mergers and acquisitions, joint ventures, collaborations, and product launches to gain a robust revenue growth over the forecast period. The report considers 2020-2021 as historic years, 2020 as the base year, and 2022-2028 as the forecast period. The report offers CAGR and market size for the global Pine Tar Market during the forecast period.
The report also offers key insights about the top companies operating in the market and their market share and global position along with product portfolio and advancements. The top companies in the market include Auson (Sweden), Skandian Group (Sweden), Xinzhongxing Biomass (China), Verdi Life (Australia), Kemet (U.S.), Lacq (France), Fusheng Carbon (Taiwan), Shuanghui Active Carbon (China), Albert Kerbl (Austria), Eco Oil (Canada)
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Pine Tar Market Overview :-
The global pine tar market is expected to register a steady revenue CAGR during the forecast period. Pine tar is a type of wood tar produced by the anoxic carbonization of pine at high temperatures (dry distillation or destructive distillation). It is rapidly decomposed in a closed container by applying heat and pressure; the primary byproducts are charcoal and pine tar. It mainly consists of aromatic hydrocarbons, acids, and bases. Tar components differ depending on the pyrolytic process (e.g., method, duration, temperature) and the origin of the wood (e.g. age of pine trees, type of soil, and moisture conditions during tree growth). The type used, the design of the kiln, the method of burning, and the collection of the tar can all differ. Conventional production uses only pine stumps and roots. It has a long history of use as a preservative, as a maritime sealant, in roofing construction and maintenance, in soaps, and in the treatment of carbuncles and skin diseases such as psoriasis, eczema, and rosacea. It is used in baseball to improve the grip of a batter on the bat; it is also sometimes used by pitchers to improve their grip on the ball, which is against the rules.
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Type Outlook (Revenue, USD Billion; 2019-2030)
- Industrial Grade
- Medical Grade
Application/End-use Outlook (Revenue, USD Billion; 2019-2030)
- Wood Preservative
- Rubber Softeners
- Medical Use
Market has been divided by Type as:
- Pine Tar I
- Pine Tar II
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
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Key Questions answered by the Report:
- What is the expected year-on-year growth of the Pine Tar Market during the forecast period?
- What key trends are expected influence revenue growth of the market going ahead?
- Which region is expected to account for largest revenue share over the forecast period?
- Which key companies are profiled in the report?
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About Reports and Data
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