Press release
Gum Turpentine Market to Reach USD 1.90 Billion by 2030, Growing at 8.4% CAGR
Gum Turpentine Market
The Global Gum Turpentine Market is projected to grow from USD 1.08 billion in 2023 to approximately USD 1.90 billion by 2030, driven by a robust CAGR of 8.4 %. Thirst for solvents in paints, adhesives, fragrances, and pharmaceuticals fuels this surge, with the Africa-Middle East region emerging as a major growth frontier due to increased infrastructure activities.
Eager to discover what's within? Secure your sample copy of the report today:https://www.maximizemarketresearch.com/request-sample/194141/
►Growth & Opportunity: Gum Turpentine Growth in United States
In the United States, rising demand in paints & coatings, pharmaceuticals, and personal care underpins market momentum. Domestic producers, including Kraton Corporation, Ingevity Corporation, and Berje, leverage sustainable tapping methods to meet environmental standards. Notable M&A includes Ingevity's acquisition initiatives to expand its rosin and resin capacity, reflecting a strategic push for regional consolidation and enhanced production scale.
►Opportunity & Trends: Gum Turpentine Opportunities in Asia Pacific
Asia Pacific holds the strongest growth potential, reflecting accelerated industrialization and urban living. Countries like China, India, Japan, and South Korea record surging usage in adhesives, printing inks, and fragrances. Kraton Corporation leads joint ventures with local pine resin harvesters, while Ingevity Corporation is expanding manufacturing infrastructure to meet fast-rising demand.
Curious to peek inside? Grab your sample copy of this report now:https://www.maximizemarketresearch.com/request-sample/194141/
►Consolidation & Demand: Gum Turpentine Consolidation in Middle East & Africa
The Middle East and Africa region is rapidly scaling, especially in paint thinner, cleaning, and degassing solvent sectors. With a market size of USD 143.1 million in 2024 and a 5.7 % CAGR until 2031, GCC and South Africa lead growth. Consolidation moves include M&A between local resin producers and global firms aiming to reinforce regional supply chains and enter construction markets.
►Updation & Innovation: Gum Turpentine Trends in Europe
Europe displays stable growth, backed by stringent environmental policies. Key players like Berje, Kraton, and Ingevity are adopting bio-based processing and greener extraction technologies. They're partnering with forestry authorities in Scandinavia and Iberia to enhance supply transparency and eco-credentials-ensuring compliance with REACH and sustainability goals.
►Competitive Landscape: Major Players Leading the Way
Kraton Corporation, Ingevity Corporation, and Berje dominate, focusing on eco-friendly raw materials.
Strategic initiatives include capacity expansion, mergers, and product line extensions tailored to paints, adhesives, fragrance, and pharmaceuticals markets.
Intrigued to explore the contents? Secure your hands-on sample copy of the report:https://www.maximizemarketresearch.com/request-sample/194141/
► Market Segmentation: In-Depth Analysis:
• by Packaging
Bottles
Drums
Cans
The gumturpentine industry was divided into three segments: bottles, drums, and cans. These were regarded as the three packing methods. This segmentation takes into account variables including consumer preferences for various container formats, product safety, and convenience. In the packaging market, drums held the most share, followed by bottles and cans.
• by Distribution Channel
Direct sales
Distributors
Wholesalers
Online retail
The four main categories of the gum turmeric market are distributors, wholesalers, direct sales, and online retail. The distribution network and the favored channels for Gum Turpentine products are revealed by this segmentation. The most popular distribution method was direct sales, which is predicted to increase in the future. Additionally, there is a lot of room for internet shopping to increase its market share.
• by Application
Paints and Coatings
Adhesives
Fragrance
Pharmaceuticals
• by End-User
Construction
Automotive
Healthcare
Personal care
The main segments of the gumturpentine market are construction, automotive, healthcare, and personal care. The various uses and demands for gumturpentine in various industries are reflected in the market segments based on these industries. The largest percentage and section leader is the construction industry. After construction, the automotive and healthcare industries gain market share.
For deeper market insights, peruse the summary of the research report:https://www.maximizemarketresearch.com/market-report/gum-turpentine-market/194141/
► Learn about the top players driving innovation in the Market :
1. Georgia-Pacific Chemicals LLC - United States
2. International Flavors & Fragrances Inc. - United States
3. Kraton Corporation - United States
4. Ingevity Corporation - United States
5. Berje.Inc - United States
6. Weyerhaeuser Company - United States
7. Harting S.A. - Spain
8. DRT (Derives Résiniques et Terpéniques) - France
9. Domsjö Fabriker AB - Sweden
10. Symrise AG - Germany
11. Lawter - Netherlands
12. UPM Biochemicals - Finland
13. Torgoviy Dom Lesokhimik Ltd. - Russia
14. Sociedad Española de Resinas Naturales S.A. (SERNAR) - Spain
15. Ingevity South Africa (Pty) Ltd. - South Africa
16. Ingevity Brazil Quimica Ltda. - Brazil
17. Gujarat Pine Chemicals - India
18. Arakawa Chemical Industries, Ltd. - Japan
19. Wuzhou Sun Shine Forestry & Chemicals Co., Ltd. - China
20. Mentha & Allied Products Pvt. Ltd. - India
21. Guilin Songquan Forest Chemical Co., Ltd. - China
22. Shandong Yuhuang Chemical Co., Ltd. - China
23. Wuzhou Pine Chemicals Ltd. - China
24. Forestar Chemical Co., Ltd. - China
25. Pine Chemical Group - China
26. Deqing Jixin Pine Chemical Co., Ltd. - China
► Get Market Research Latest Trends :
♦ Global Heavy Alkyl Benzenes Market https://www.maximizemarketresearch.com/market-report/global-heavy-alkyl-benzenes-market/92548/
♦ Global Esterquats Market https://www.maximizemarketresearch.com/market-report/global-esterquats-market/42911/
♦ Glass Mat Market https://www.maximizemarketresearch.com/market-report/glass-mat-market/2914/
♦ Global Cellulose Acetate Market https://www.maximizemarketresearch.com/market-report/global-cellulose-acetate-market/4209/
♦ Global Fluid Loss Additives Market https://www.maximizemarketresearch.com/market-report/global-fluid-loss-additives-market/64441/
♦ Global Spray Polyurethane Foam Market https://www.maximizemarketresearch.com/market-report/global-spray-polyurethane-foam-market/55079/
♦ Global Rigid Foam Market https://www.maximizemarketresearch.com/market-report/global-rigid-foam-market/32020/
♦ Low Migration Inks Market https://www.maximizemarketresearch.com/market-report/low-migration-inks-market/550/
♦ Global Lithium Silicate Market https://www.maximizemarketresearch.com/market-report/global-lithium-silicate-market/72848/
♦ Global Alumina Trihydrate Market https://www.maximizemarketresearch.com/market-report/global-alumina-trihydrate-market/28794/
♦ Global Nanosilver Inks Market https://www.maximizemarketresearch.com/market-report/global-nanosilver-inks-market/89290/
♦ Global Polyethylene Furanoate (PEF) Market https://www.maximizemarketresearch.com/market-report/global-polyethylene-furanoate-pef-market/69969/
♦ Polylysine Market https://www.maximizemarketresearch.com/market-report/polylysine-market/230966/
♦ Building Insulation Materials Market https://www.maximizemarketresearch.com/market-report/building-insulation-materials-market/194074/
♦ North America Lithium Metal Market https://www.maximizemarketresearch.com/market-report/north-america-lithium-metal-market/199801/
► Contact Maximize Market Research:
3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656
► About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Gum Turpentine Market to Reach USD 1.90 Billion by 2030, Growing at 8.4% CAGR here
News-ID: 4101054 • Views: …
More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.
Cobalt Sulphate Market to Soar to USD 1.81 Billion by 2030, Driven by 6.2% CAGR
The Cobalt Sulphate Market was valued at USD 1.18 billion in 2023 and is expected to grow to USD 1.81 billion by 2030, expanding at a steady compound annual growth rate (CAGR) of 6.2% during 2024-2030. This growing market is fueled by rising demand in lithium‐ion batteries, pigments, catalysts, and superalloys.
Download PDF Brochure: https://www.maximizemarketresearch.com/request-sample/31875/
United States - Growth & Opportunities
The United States is experiencing sustained growth driven by increasing EV…
Sputter Coater Market Insights: Rising Demand Drives 6.2% CAGR Through 2032
► Sputter Coater Market Set to Reach USD 1,247.68 Billion by 2032 with 6.2 % CAGR, Driven by Electronics Expansion & Regulatory Pressure
The Global Sputter Coater Market was valued at USD 771.09 million in 2024 and is projected to grow at a CAGR of 6.2 % from 2025 to 2032, reaching USD 1,247.68 million . Demand is fueled by heightened microelectronics production, stringent emissions regulations, and rapid adoption in glass…
High Performance Computing as a Service market Set to Reach USD 28.00 Bn by 2030 …
►High‐Performance Computing as a Service (HPCaaS) Market Soars Amid Strategic M&A and Regional Momentum 🚀
Global HPCaaS Market Outlook
The global High‐Performance Computing as a Service (HPCaaS) market is projected to reach USD 38.79 billion in 2024, expanding to approximately USD 63.53 billion by 2032, at a robust CAGR of 6.36%. Other forecasts identify a similar CAGR of 6.39% (2025-2034), growing from USD 41.3 billion in 2025 to USD 72.12 billion by…
Remote Desktop Software Market Set to Reach USD 8.66 Billion by 2030, Boasting a …
The Remote Desktop Software Market was valued at USD 2.70 billion in 2023 and is projected to grow to USD 8.66 billion by 2030, expanding at a robust CAGR of 18.1% from 2024 to 2030. This surge is driven by enterprises' growing investments in remote-access tools and cutting-edge technologies such as AI, IoT, and virtual reality.
Download PDF Brochure: https://www.maximizemarketresearch.com/request-sample/145737/
United States - Growth & Opportunity
North America leads the market, accounting…
More Releases for Gum
Guar Gum Market | Modern Business Tactics and SWOT Analysis | Keyplayers- Jai Bh …
According to SMI's latest research, the Guar Gum market is expected to achieve the greatest growth between 2021 and 2028. The focus of this Guar Gum market intelligence report is based on skilled research insights and complete industry dynamics to focus on current trends, industry financial overview, and historical data evaluation. The company profile is based on the current Guar Gum market performance (including driving factors, trends, and challenges) calculated…
Gum Arabic Market 2018 Global Analysis Report By Key Players- GUM ARABIC, NEXIRA …
The Report published on UpMarketResearch.com about “Gum Arabic Market” is spread across 105 pages and provides newest industry data, market future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The industry report lists and studies the leading competitors, also provides the insights with strategic industry Analysis of the key factors influencing the market.
Get FREE Sample Copy of This Report @ https://www.upmarketresearch.com/home/requested_sample/5893
Gum Arabic Market…
Guar Gum Market Outlook 2017-2022 Hindustan Gum, Jai Bharat Gum and Chemicals, N …
Global Guar Gum Market Research Report
Global market study " Guar Gum Market 2017-2022 " analyses the crucial factors of the Guar Gum market based on present industry situations, market demands, business strategies adopted by Guar Gum market players and their growth scenario. This report isolates the Guar Gum market based on the key players, Type, Application and Regions.
The Guar Gum report provides the past, present and future Guar Gum…
Guar Gum Market Size 2017-2022 Hindustan Gum, Vikas WSP, Supreme Gums, Raj Gum
Guar Gum Market Size 2017-2022 Gum, Vikas WSP, Supreme Gums, Raj Gum
Recently published a detailed market study on the "Guar Gum Market" across the global, regional and country level. The report on the global Guar Gum market uses the top-down and bottom-up approaches to define, analyze, and describe the Guar Gum market trends for the next five years And Guar Gum market Size and Share. The Guar Gum market report…
Global Gum Arabic (E414) Market 2017 Gum Arabic Company Limited, Dansa Gum, Prod …
The Global Gum Arabic (E414) Market 2016-2022 industry, Starting with a broad overview of the Gum Arabic (E414) Industry globally as well as with a specific focus on Manufactures. By conducting a check of the current status of the Gum Arabic (E414) in Globe 2016-2022 Industry, the report is able to delver deeper into the various forces that directly and indirectly impact the Industry. Global Gum Arabic (E414) Industry Segments…
Guar Gum Market 2017- Hindustan Gum, Jai Bharat Gum and Chemicals, Neelkanth Pol …
Guar Gum is a type of products that derived from guar splits that obtained from guar seed.
Guar is a leguminous plant that grows to a height of three to six feet. It bears many beanlike pods, each of which contains six to nine small, rounded seeds.
Request for sample @ https://goo.gl/BazIlt
Major players in the global Guar Gum market :-
Hindustan Gum
Jai Bharat Gum and Chemicals
Neelkanth Polymers
Sunita Hydrocolloids
Vikas WSP
Guangrao Liuhe Chemical
Global Gums…
