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Logwood is a tropical tree available in South and Central American region. Logwood is also called as Campeachy wood commonly. Logwood extract is obtained from heartwood of logwood plant. Logwood extract is stored in moderately dry, well-ventilated area in order to store it for a longer time. Logwood extract contains hematin, hematoxylin, glycosides and molasses, natural salts and water etc. Logwood extract have properties such as antiallergenic, ecological, organic, vegetal, biodegradable etc. Logwood extract is commonly used for dyeing products such as fine leather, hard fibers, silk, wool, wood etc. Logwood extract is widely used in America and Japan as a dyeing agent for various cloths. Textile industry is gaining interest due to increasing disposable income of consumers driving the growth of the market.

Market Segmentation: Logwood Extract

The logwood extract market is segmented on the basis of application textile industry, paper industry, ink industry, leather industry, wood and furniture industry, medical industry etc. In textile industry, logwood extract is used as a natural dyeing agent for cloths as it is a source of Hematoxylin. In paper industry and ink industry it is also used as a dye for which is available in various colors depending on the pH. In leather industry and wood and furniture industry logwood extract is used for dyeing to protect and increase the shelf-life of leather and wood increasing its demand in the market. In medical industry, logwood extract is used as an astringent for skin.

The logwood extract market is segmented on the basis of method of extraction of extraction by HCL, formic acid extraction method, extraction by EDTA method, oxalic acid extraction method, extraction by pyridine, extraction by DMF method etc. The final powdered extraction of logwood extract is obtained by vacuum evaporation. 

Global Logwood Extract Market: Regional Outlook

Logwood is a native of South and Central America which makes it a major producers of logwood extract making it major producing region of logwood extract in the global market. In Japan, logwood extract is used to produce ceremonial kimonos. Logwood extract is also manufactured in countries in Europe due to high presence of textile industries increasing demand for the logwood extract as a dye in domestic market. North America is leading in terms of consumption of logwood extract for leather dye, paper and ink industries etc. followed by Europe due to increasing textile industries in the region.

Global Logwood Extract Market: Drivers and Trends

Logwood extract have high demand in the global market due to its dyeing property. Increasing use of logwood extract in textile, paper and ink industry is driving the growth of logwood extract in the global market. Logwood extract is used in wood and furniture industry as well as in leather industry as a dye to improve the shelf-life as well as to enhance the appearance of the product is increasing the market for logwood extract in global as well as in domestic market. Use of logwood extract in medicine has seen growing in past years useful in treating diseases such as diarrhea, hemorrhage, drying agent etc. is driving the growth of the logwood in global market. Increasing trend of new fashion costumes, apparels and specialty leather goods is enhancing the growth of logwood extract market. Increasing sale of stationary products for kids is growing the demand for colored papers in the market, fueling the logwood extract market.

Global Logwood Extract: Key Players

Some of the key players operating in global logwood extract market include DEBEI factory, Kremer Pigments, Kama Pigments, Earthues, Botanical Colors, GREEN'ING etc. Some of the global supplier include Abbey Color, Kraftkolour P/L etc.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Logwood Extract Market

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