Global Gum Rosin Market Size Study & Forecast, by Application (Paper Sizing, Printing Ink, Adhesives and Sealants, Rubber, Paints and Coatings, and Other Applications) and Regional Analysis, 2023-2030

Description

List of Tables

Gum rosin, also known as colophony, is a natural resin obtained from the oleoresin of pine trees. It is produced by tapping living pine trees and collecting the sticky substance that oozes out. Gum rosin is solid and translucent, with a brittle texture and a yellow to amber color. It consists mainly of resin acids and has a wide range of applications, including as a binder in adhesives, as a tackifier in coatings and inks, as a flux in soldering, as an ingredient in chewing gum and cosmetics, and in various other industrial and consumer products. Accordingly, the market growth is being propelled by major factors such as the rising demand for bio-based adhesives and sealants, and the flourishing paper packaging industry.

Gum rosin plays as a binder in adhesives and as softener in the synthetic rubber sector. As a result, the increasing demand and expansion of these industries are projected to be the key drivers of growth in the gum rosin industry. In the 2022 report published by the International Rubber Study Group (IRSG), it was stated that global natural rubber (NR) production experienced a growth rate of 5.4% in 2021. The report indicated that the production of NR increased from 13.065 million tons in 2020 to 13.770 million tons in 2021. Additionally, the market is poised to benefit from multiple growth opportunities, including the increasing demand for anti-slip agents for stadium floors and the emergence of new applications in the pharmaceutical industry. These factors present favorable prospects for market expansion. However, the market growth is being impeded by key factors such as the increasing preference for tall oil rosin-based phenolic resins and the volatility in raw material prices. 2023-2030.

The key regions considered for the Global Gum Rosin Market study include: Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 owing to the region's rapid expansion in key industries that heavily rely on gum rosin, including adhesives, printing inks, synthetic rubber, and paper sizing. The robust growth of these application industries in the APAC region has been a driving factor for the the gum rosin market. Asia Pacific is also expected as the fastest growing region during the forecast period. The accelerating industrial growth and improving consumer lifestyles in this region have resulted in a growing need for high-quality products in key sectors such as automotive and building & construction. The growing demand from the paints and coatings industry, rise in use in printing inks, and expanding construction and infrastructure activities. This surge in demand for superior-quality goods is identified as a significant driver for the increased utilization of gum rosin.

Major market players included in this report are:

Arakawa Chemical Industries Ltd
Finjet Chemical Co. Ltd
Forestar Chemical Co. Ltd
Foreverest Resources Ltd
Guangdong KOMO Co., Ltd.
Guangxi Tone Resin Chemical Co. Ltd
Harima Chemicals Group Inc.
Silver Fern Chemical Inc.
United Resins
Wuzhou Sunshine Forestry and Chemicals Co. Ltd

Recent Developments in the Market:

In September 2020, Ahmed Abdi, the Regional Manager of the Northern Region in Wajir, highlighted that the selection of the factory's location was influenced by its proximity to Wajir International Airport and its easy accessibility from neighboring countries that also engage in gum and resin production. Its focus is on expanding the factory, and this effort has been bolstered by a financial injection of Sh80 million from the national government. The funds is utilized to install a second processing line.

Global Gum Rosin Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Application, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Application:

Paper Sizing
Printing Ink
Adhesives and Sealants
Rubber
Paints and Coatings
Other Applications

By Region:

North America

U.S.
Canada

Europe

UK
Germany
France
Spain
Italy
ROE

Asia Pacific

China
India
Japan
Australia
South Korea
RoAPAC

Latin America

Brazil
Mexico

Middle East & Africa

Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Gum Rosin Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Gum Rosin Market, by Application, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Gum Rosin Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Gum Rosin Market Dynamics

3.1. Gum Rosin Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing demand for bio-based adhesives and sealants
  - 3.1.1.2. Flourishing paper packaging industry
- 3.1.2. Market Challenges
  - 3.1.2.1. Rising preference for tall oil rosin-based phenolic resins
  - 3.1.2.2. Volatility in raw material prices
- 3.1.3. Market Opportunities
  - 3.1.3.1. Emergence of new applications in the pharmaceutical industry
  - 3.1.3.2. Increasing demand for anti-slip agents for stadium floors

Chapter 4. Global Gum Rosin Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Gum Rosin Market, by Application

5.1. Market Snapshot
5.2. Global Gum Rosin Market by Application, Performance - Potential Analysis
5.3. Global Gum Rosin Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
5.4. Gum Rosin Market, Sub Segment Analysis
- 5.4.1. Paper Sizing
- 5.4.2. Printing Ink
- 5.4.3. Adhesives and Sealants
- 5.4.4. Rubber
- 5.4.5. Paints and Coatings
- 5.4.6. Other Applications

Chapter 6. Global Gum Rosin Market, Regional Analysis

6.1. Top Leading Countries
6.2. Top Emerging Countries
6.3. Gum Rosin Market, Regional Market Snapshot
6.4. North America Gum Rosin Market
- 6.4.1. U.S. Gum Rosin Market
  - 6.4.1.1. Application breakdown estimates & forecasts, 2020-2030
- 6.4.2. Canada Gum Rosin Market
6.5. Europe Gum Rosin Market Snapshot
- 6.5.1. U.K. Gum Rosin Market
- 6.5.2. Germany Gum Rosin Market
- 6.5.3. France Gum Rosin Market
- 6.5.4. Spain Gum Rosin Market
- 6.5.5. Italy Gum Rosin Market
- 6.5.6. Rest of Europe Gum Rosin Market
6.6. Asia-Pacific Gum Rosin Market Snapshot
- 6.6.1. China Gum Rosin Market
- 6.6.2. India Gum Rosin Market
- 6.6.3. Japan Gum Rosin Market
- 6.6.4. Australia Gum Rosin Market
- 6.6.5. South Korea Gum Rosin Market
- 6.6.6. Rest of Asia Pacific Gum Rosin Market
6.7. Latin America Gum Rosin Market Snapshot
- 6.7.1. Brazil Gum Rosin Market
- 6.7.2. Mexico Gum Rosin Market
6.8. Middle East & Africa Gum Rosin Market
- 6.8.1. Saudi Arabia Gum Rosin Market
- 6.8.2. South Africa Gum Rosin Market
- 6.8.3. Rest of Middle East & Africa Gum Rosin Market

Chapter 7. Competitive Intelligence

7.1. Key Company SWOT Analysis
- 7.1.1. Company 1
- 7.1.2. Company 2
- 7.1.3. Company 3
7.2. Top Market Strategies
7.3. Company Profiles
- 7.3.1. Arakawa Chemical Industries Ltd
  - 7.3.1.1. Key Information
  - 7.3.1.2. Overview
  - 7.3.1.3. Financial (Subject to Data Availability)
  - 7.3.1.4. Product Summary
  - 7.3.1.5. Recent Developments
- 7.3.2. Finjet Chemical Co. Ltd
- 7.3.3. Forestar Chemical Co. Ltd
- 7.3.4. Foreverest Resources Ltd
- 7.3.5. Guangdong KOMO Co., Ltd.
- 7.3.6. Guangxi Tone Resin Chemical Co. Ltd
- 7.3.7. Harima Chemicals Group Inc.
- 7.3.8. Silver Fern Chemical Inc.
- 7.3.9. United Resins
- 7.3.10. Wuzhou Sunshine Forestry and Chemicals Co. Ltd

Chapter 8. Research Process

8.1. Research Process
- 8.1.1. Data Mining
- 8.1.2. Analysis
- 8.1.3. Market Estimation
- 8.1.4. Validation
- 8.1.5. Publishing
8.2. Research Attributes
8.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Gum Rosin Market, report scope
TABLE 2. Global Gum Rosin Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Gum Rosin Market estimates & forecasts by Application 2020-2030 (USD Billion)
TABLE 4. Global Gum Rosin Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 5. Global Gum Rosin Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 6. Global Gum Rosin Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Gum Rosin Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Gum Rosin Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Gum Rosin Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Gum Rosin Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Gum Rosin Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Gum Rosin Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Gum Rosin Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. U.S. Gum Rosin Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. U.S. Gum Rosin Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 16. U.S. Gum Rosin Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 17. Canada Gum Rosin Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 18. Canada Gum Rosin Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. Canada Gum Rosin Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. UK Gum Rosin Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 21. UK Gum Rosin Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. UK Gum Rosin Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. Germany Gum Rosin Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 24. Germany Gum Rosin Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. Germany Gum Rosin Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. France Gum Rosin Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 27. France Gum Rosin Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. France Gum Rosin Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. Italy Gum Rosin Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 30. Italy Gum Rosin Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. Italy Gum Rosin Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. Spain Gum Rosin Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 33. Spain Gum Rosin Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Spain Gum Rosin Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. RoE Gum Rosin Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 36. RoE Gum Rosin Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. RoE Gum Rosin Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. China Gum Rosin Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 39. China Gum Rosin Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. China Gum Rosin Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. India Gum Rosin Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 42. India Gum Rosin Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. India Gum Rosin Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. Japan Gum Rosin Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 45. Japan Gum Rosin Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. Japan Gum Rosin Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. South Korea Gum Rosin Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 48. South Korea Gum Rosin Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. South Korea Gum Rosin Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. Australia Gum Rosin Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 51. Australia Gum Rosin Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. Australia Gum Rosin Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. RoAPAC Gum Rosin Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 54. RoAPAC Gum Rosin Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. RoAPAC Gum Rosin Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. Brazil Gum Rosin Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 57. Brazil Gum Rosin Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. Brazil Gum Rosin Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. Mexico Gum Rosin Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 60. Mexico Gum Rosin Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Mexico Gum Rosin Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. RoLA Gum Rosin Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 63. RoLA Gum Rosin Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. RoLA Gum Rosin Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. Saudi Arabia Gum Rosin Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 66. South Africa Gum Rosin Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. RoMEA Gum Rosin Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. List of secondary sources, used in the study of global Gum Rosin Market
TABLE 69. List of primary sources, used in the study of global Gum Rosin Market
TABLE 70. Years considered for the study
TABLE 71. Exchange rates considered

List of tables and figures are dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Gum Rosin Market, research methodology
FIG 2. Global Gum Rosin Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Gum Rosin Market, key trends 2022
FIG 5. Global Gum Rosin Market, growth prospects 2023-2030
FIG 6. Global Gum Rosin Market, porters 5 force model
FIG 7. Global Gum Rosin Market, pest analysis
FIG 8. Global Gum Rosin Market, value chain analysis
FIG 9. Global Gum Rosin Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Gum Rosin Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Gum Rosin Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Gum Rosin Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Gum Rosin Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Gum Rosin Market, regional snapshot 2020 & 2030
FIG 15. North America Gum Rosin Market 2020 & 2030 (USD Billion)
FIG 16. Europe Gum Rosin Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Gum Rosin Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Gum Rosin Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Gum Rosin Market 2020 & 2030 (USD Billion)