Global Gum Rosin Market Growth 2023-2029
Gum Rosin is a solid form of Pine oleoresin from pine trees, mostly conifers, produced by heating fresh liquid resin to vaporize the volatile liquid terpene components. It is semi-transparent and varies in color from yellow to black. At room temperature rosin is brittle, but it melts at stove-top temperatures.
LPI (LP Information)' newest research report, the “Gum Rosin Industry Forecast” looks at past sales and reviews total world Gum Rosin sales in 2022, providing a comprehensive analysis by region and market sector of projected Gum Rosin sales for 2023 through 2029. With Gum Rosin sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Gum Rosin industry.
This Insight Report provides a comprehensive analysis of the global Gum Rosin landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Gum Rosin portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Gum Rosin market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Gum Rosin and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Gum Rosin.
The global Gum Rosin market size is projected to grow from US$ 984.9 million in 2022 to US$ 1203.5 million in 2029; it is expected to grow at a CAGR of 1203.5 from 2023 to 2029.
There are several producing companies in the world gum rosin industry. The main players are Hexion, Arakawa, Perum Perhutani, Resinas Brasil Group, Vinagum, Midhills Rosin & Turpenes, Wuzhou Pine Chemicals and Wuzhou Sun Shine Forestry & Chemicals. The global sales of gum rosin is estimated to 768,000 MT in 2020, while it is 820,000 MT in 2015.
This report presents a comprehensive overview, market shares, and growth opportunities of Gum Rosin market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
X Grade
WW Grade
WG Grade
N Grade
M Grade
K Grade
Segmentation by application
Adhesive
Paint & Coating
Printing Ink
Rubber
Paper Making
Food
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Hexion
Arakawa
Perum Perhutani
Resinas Brasil Group
Vinagum
Midhills Rosin & Turpenes
Wuzhou Pine Chemicals
Wuzhou Sun Shine Forestry & Chemicals
Jingdong Lion
Forestarchem
Deqing Jixin
ZHAOQING DIC
Guangdong KOMO
Feishang
Resin Chemicals
Songquan Forest Chemical
Key Questions Addressed in this Report
What is the 10-year outlook for the global Gum Rosin market?
What factors are driving Gum Rosin market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Gum Rosin market opportunities vary by end market size?
How does Gum Rosin break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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