Global Tung Oil Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032

Market Overview

According to DIResearch＇s in-depth investigation and research, the global Tung Oil market size will reach 248.64 Million USD in 2025 and is projected to reach 303.93 Million USD by 2032, with a CAGR of 2.91% (2025-2032). Notably, the China Tung Oil market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be  Million USD, representing approximately  % of the global market share.

Research Summary

Tung oil is a drying oil derived from the seeds of the tung tree (Vernicia fordii), native to East Asia. The oil has been traditionally used as a wood finish for centuries due to its ability to cure and form a protective, water-resistant coating on surfaces. Tung oil is known for its durable and glossy finish, enhancing the natural beauty of wood while providing protection against moisture and mildew. It is often preferred for finishing furniture, wooden floors, and other woodworking projects. Tung oil polymerizes when exposed to air, forming a hard and waterproof surface. This natural drying process sets it apart from non-drying oils and contributes to its popularity in woodworking applications. Additionally, tung oil is used in various products such as paints, varnishes, and sealants, contributing to its versatility in both traditional and modern applications.

The major global  manufacturers of Tung Oil include Oleaginosa RAATZ, Wuzhou Oasis Chemicals, Xunyang Mingwen Oil, Qiubei County Shuanglong Oil, Jinxing Tung Oil, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.

This report studies the market size, price trends and future development prospects of Tung Oil. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Tung Oil market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.

The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Tung Oil market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Tung Oil industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.    

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of Tung Oil Include:

Oleaginosa RAATZ

Wuzhou Oasis Chemicals

Xunyang Mingwen Oil

Qiubei County Shuanglong Oil

Jinxing Tung Oil

Tung Oil Product Segment Include:

Raw Tung Oil

Boiled Tung Oil

Tung Oil Product Application Include:

Wood Finishing

Electronic

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend

Chapter 2: Global Tung Oil Capacity and Production Analysis

Chapter 3: Global Tung Oil Industry PESTEL Analysis

Chapter 4: Global Tung Oil Industry Porter's Five Forces Analysis

Chapter 5: Global Tung Oil Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis

Chapter 6: Global Tung Oil Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 7: Global Tung Oil Sales, Revenue, Price and Forecast by Product Type

Chapter 8: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 9: Industrial Chain Analysis, Tung Oil Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis

Chapter 10: Research Findings and Conclusion

Chapter 11: Methodology and Data Sources