Press release
Gum Rosin Market : Facts, Figures and Analytical Insights 2021-2025
Gum Rosin Market Research Report provides detailed analysis of Growth Factors of the market as well as it gives analysis of the Market size, Latest trends, SWOT Analysis by Regions and Forecasted market research data until 2025. The Gum Rosin market report has studied key opportunities in the market and influencing factor which is useful to the business. The report also maps the qualitative and quantitative impact of various market factors like macro-economic indicators, PPP, Epidemiological data, Insurance scenario and patent and IP information, Government Policies and business regulations along with market attractiveness as per segments.The gum rosin market is projected to grow moderately with a CAGR of more than 2% during the forecast period.
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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Gum Rosin Market: Guangxi Dinghong Resin Co. Ltd, Finjetchemical Co. Ltd, Foreverest Resources Ltd, Arakawa Chemical Industries Ltd, and DRT
Gum Rosin Market Overview:
- Growth in demand for anti-slip agents for floors in stadiums and emerging applications in the pharmaceutical industry are expected to offer various opportunities for the growth of the market over the forecast period.
- The adhesives and sealants segment is expected to dominate the gum rosin market over the forecast period.
- The Asia-Pacific region is expected to account for the largest share of the market over the forecast period, owing to the huge consumption from countries, such as China, India, and Japan.
The Adhesives and Sealants Segment is Expected to Dominate the Market
- For decades, gum rosin has become one of the vital components of the adhesives and sealants industry value chain, as it serves as an excellent tackifier for adhesives.
- Gum rosin is widely used as an ingredient for heat melt adhesives, pressure-sensitive adhesives, and rubber adhesives. This rosin mainly is used to enhance the strength, plasticity, and viscosity of adhesives.
- The gum rosin industry seeks to identify collaboration opportunities and build partnerships with the adhesives and sealants industry, as food and packaging safety is of concern to adhesives and sealants manufacturers worldwide.
- With increasing concerns related to environmental pollution and the ability to tailor gum rosin resin according to the desired properties of adhesives, the applications of bio-based adhesives and sealants are likely to increase the market demand for gum rosin in the coming years.
- According to Mordor Intelligence, the bio-based adhesives and sealants are expected to witness a CAGR of more than 4.2% over the forecast period.
The Asia-Pacific Region to Witness a Downtrend
- As of now, Asia-Pacific dominates the global gum rosin market. However, the gum rosin industry has been witnessing a downtrend from the past few years and is expected to continue the same over the forecast period, owing to the headwinds in the major demand pullers, like China and India.
- Although the production output has decreased hugely, China remained the largest gum rosin production country, with approximately 52% share in 2019. Moreover, China is also the largest consumer of gum rosin globally, currently, with nearly 50% of the global share in 2019.
- Coating and adhesive resins disproportionated rosin and ink resins as the major product segments of the gum rosin market in the country, which alone contributed nearly 70% of the market demand in 2019.
- The Chinese gum rosin industry has taken a downtrend since 2008 after reached the top in 2006 and 2007. Till 2018, gum rosin production output decreased by 50% compared to 2008.
- It is speculated that almost half of the existing gum rosin plants could be shut down over the forecast period as more crude gum rosin is being imported into China. This scenario may result in an integration through mergers and recombination, which may lead to the more centralized gum rosin industry.
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With tables and figures helping analyze Gum Rosin Industry, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the industry.
Geographically, the 120 pages report includes the research on production, consumption, revenue, market share and growth rate, and forecast (2015-2026) of the following regions:
United States
Europe (Germany, UK, France, Italy, Spain, Russia, Poland)
China
Japan
India
Southeast Asia (Malaysia, Singapore, Philippines, Indonesia, Thailand, Vietnam)
Central and South America (Brazil, Mexico, Colombia)
Middle East and Africa (Saudi Arabia, United Arab Emirates, Turkey, Egypt, South Africa, Nigeria)
Influence Of The Gum Rosin Market Report:
-Comprehensive assessment of all opportunities and risk in the Gum Rosin market.
- Gum Rosin market recent innovations and major events.
-A detailed study of business strategies for growth of the Gum Rosin market-leading players.
-Conclusive study about the growth plot of Gum Rosin market for forthcoming years.
-In-depth understanding of Gum Rosin market-particular drivers, constraints and major micro markets.
-Favorable impression inside vital technological and market latest trends striking the Gum Rosin market.
Key Points of Gum Rosin Market Table of Contents:
-Market Overview: The report begins with this section where a product overview and key content on the product and application segments of the Gum Rosin market are provided. The highlights of the segmentation study include price, revenue, sales, sales growth rate, and market share by product.
-Competition by company: Here we analyze the competition of the global Gum Rosin market, by company price, revenue, sales and market share, market share, competitive landscape, and latest trends, mergers, expansions, acquisitions, and market share of top companies.
-Company Profile and Sales Data: As the name suggests, this section provides sales data and useful information about the business of key players in the global Gum Rosin market. It describes the key businesses of gross margin, price, revenue, products and specifications, types, applications, competitors, manufacturing base, and key players operating in the global Gum Rosin market.
-Market Forecast: Here the report provides a full forecast for the global Gum Rosin market by product, application, and region. It also provides global sales and revenue forecasts for all years in the forecast period.
-Research Results and Conclusion: One of the last sections of the report where analyst findings and findings are provided.
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Irfan Tamboli
Head of Sales Operations
Market Insights Reports
Tel: + 1704 266 3234 | +91-750-707-8687
Email: sales@marketinsightsreports.com | irfan@marketinsightsreports.com
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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