The Business Research Company Global Gum and Wood Chemicals Market Report 2021: Impact and Recovery of COVID-19
LONDON, GREATER LONDON, UK, October 7, 2021 /EINPresswire.com/ – According to new market research report “Gum And Wood Chemicals Global Market Report 2021: COVID-19 Impact And Recovery” released by The Business Research Company, the gum and wood chemicals market is expected to grow from $ 76.62 billion in 2020 to $ 89.04 billion in 2021 at a compound annual growth rate (CAGR) of 16.2%. The growth is mainly due to companies reorganizing their operations and recovering from the impact of COVID-19, which previously led to restrictive containment measures involving social distancing, remote working and the closure of business activities which resulted in operational challenges. The market is expected to reach $ 102.68 billion in 2025 at a CAGR of 4%. The increasing demand for gum arabic has contributed to the growth of the gum and wood chemicals market.
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The gum and wood chemicals market includes sales of gum and wood chemicals and related services. Gum and wood based chemicals are used in various applications such as interior decoration, public buildings and commercial buildings. Wood gum and chemicals include establishments that produce hardwood and softwood distillates, lumber and marine stores, charcoal, natural dyes, and natural tanning materials.
Global gum and wood chemicals market segments:
The global gum and wood chemicals market is further segmented:
By product type: Gum arabic, guar gum, wood chemicals, charcoal, tannic acid
By end user: commercial, industrial, domestic
By channel: Direct sales, Distributor
By Geography: The global gum and wood chemicals market is segmented into North America, South America, Asia Pacific, Eastern Europe, Western Europe, Middle East and in Africa.
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Gum And Wood Chemicals Global Market Report 2021 is part of a series of new reports from The Business Research Company that provides global gum and wood chemicals market overviews, size and growth analysis and forecast market share for the global gum and wood chemicals market, gum and wood chemicals market share, gum and wood chemicals market players, segments and geographies of the chemicals market gum and wood chemicals market, revenue, profiles and market shares of major competitors in the gum and wood chemicals market. The Gum and Wood Chemicals Market report identifies key countries and segments for opportunities and strategies based on market trends and approaches of key competitors.
Read The Business Research Company’s Gum And Wood Chemicals Global Market Report 2021 for information on the following:
Data segments: market size, global, by region and by country; Historical and forecast size, and growth rate for the world, 7 regions and 12 countries
Gum and Wood Chemicals Market Organizations Covered: Royal Oak Enterprises, Hickory Specialties, Campfire Charcoal, Abbey Color, Arizona Chemical, Borregaard Ligno Tech, Braaistar, Ceresking EcologyandTech, Deqing Yinlong Industrial, E and C Charcoal.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, United States, South America, Middle East and Africa.
Country: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
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The Business Research Company has published over 1,000 industry reports, covering over 2,500 market segments and 60 geographies. The reports are backed by 150,000 datasets, in-depth secondary research, and proprietary information from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 in various markets.
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Global Wood Preservatives Market Report 2021 – By Formulation (Water Based, Solvent Based, Oil Based), By End User (Residential, Commercial, Industrial), By Application (Cabinets & decks, doors and windows, hardwood floors, railroad ties), COVID-19 Growth and change
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