Gum Rosin Market Report: Trends, Forecast and Competitive Analysis to 2030

Gum Rosin Trends and Forecast

The future of the global gum rosin market looks promising with opportunities in the adhesive & sealants, rubber, paint & coatings, printing inks, and food & beverage markets. The global gum rosin market is expected to reach an estimated $2.2 billion by 2030 with a CAGR of 4.8% from 2024 to 2030. The major drivers for this market are increasing need for bio-based sealants and adhesives and growing requests from a diverse range of end-use applications.

A more than 150-page report is developed to help in your business decisions.

Gum Rosin by Segment

The study includes a forecast for the global gum rosin by type, product type, and region.

Gum Rosin Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• WW
• WG
• K
• X
• Others

Gum Rosin Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:

• Adhesive & Sealants
• Rubber
• Paint & Coatings
• Printing Inks
• Food & Beverage
• Others

Gum Rosin Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Gum Rosin Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies gum rosin companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the gum rosin companies profiled in this report include-

• INDONESIA PINUS
• Eastman Chemical Company
• Midhills
• MEGARA RESINS
• Naval Overseas
• Wuzhou Pine Chemicals
• Merck KGaA

Gum Rosin Market Insights

Lucintel forecasts that WW will remain the largest segment over the forecast period due to escalating adoption of the ww-type category for paper sizing.

Within this market, adhesive & sealants is expected to witness the highest growth due to the uptick in both vehicle production and the construction of residential and commercial structures.

North America will remain the largest region over the forecast period due to the increasing diversity of industries utilizing the product.

Features of the Global Gum Rosin Market

Market Size Estimates: Gum rosin market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Gum rosin market size by type, product type, and region in terms of value ($B).

Regional Analysis: Gum rosin market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different type, product type, and regions for the gum rosin market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the gum rosin market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the gum rosin market size?

Answer: The global gum rosin market is expected to reach an estimated $2.2 billion by 2030.

Q2. What is the growth forecast for gum rosin market?

Answer: The global gum rosin market is expected to grow with a CAGR of 4.8% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the gum rosin market?

Answer: The major drivers for this market are increasing need for bio-based sealants and adhesives and growing requests from a diverse range of end-use applications.

Q4. What are the major segments for gum rosin market?

Answer: The future of the gum rosin market looks promising with opportunities in the adhesive & sealants, rubber, paint & coatings, printing inks, and food & beverage markets.

Q5. Who are the key gum rosin market companies?

Answer: Some of the key gum rosin companies are as follows.

• INDONESIA PINUS
• Eastman Chemical Company
• Midhills
• MEGARA RESINS
• Naval Overseas
• Wuzhou Pine Chemicals
• Merck KGaA

Q6. Which gum rosin market segment will be the largest in future?

Answer: Lucintel forecasts that WW will remain the largest segment over the forecast period due to escalating adoption of the ww-type category for paper sizing.

Q7. In gum rosin market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to the increasing diversity of industries utilizing the product.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the gum rosin market by type (ww, wg, k, x, and others), product type (adhesive & sealants, rubber, paint & coatings, printing inks, food & beverage, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?