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.
Global Mayonnaise Market to Reach USD 44.53 Billion by 2032, Growing at a CAGR o …
Opening Paragraph
According to a new report by Maximize Market Research, the global Mayonnaise Market was valued at USD 15.07 billion in 2024 and is projected to reach USD 44.53 billion by 2032, growing at a CAGR of 14.5% from 2025 to 2032. The market growth is driven by consumer demand for healthier, plant-based alternatives, flavored variants, and innovative product offerings in the condiment industry.
Want to know more? Request your sample…
Global AI in Telecommunication Market to Reach USD 39.83 Million by 2030, Growin …
Opening Paragraph
According to a new report by Maximize Market Research, the global AI in Telecommunication market was valued at USD 2.49 million in 2023 and is projected to reach USD 39.83 million by 2030, growing at a CAGR of 48.55% during the forecast period. The market expansion is fueled by the adoption of AI technologies to enhance customer experience, predictive maintenance, network security, and automated telecommunication operations.
Interested in detailed insights?…
Global Semiconductor Assembly and Testing Services Market to Reach USD 61.46 Bil …
Opening Paragraph
According to a new report by Maximize Market Research, the global Semiconductor Assembly and Testing Services (SATS) market was valued at USD 39.21 billion in 2024 and is projected to reach USD 61.46 billion by 2032, growing at a CAGR of 5.78% during the forecast period. Growth is fueled by demand for high-performance semiconductor devices in consumer electronics, automotive, and data center applications.
Gain more details with a free sample…
Global Server Operating System Market to Reach USD 327.95 Billion by 2030, Growi …
♦ Opening Paragraph
According to a new report by Maximize Market Research, the global server operating system market was valued at USD 145.14 billion in 2023 and is projected to reach USD 327.95 billion by 2030, growing at a CAGR of 12.35% during the forecast period. The growth is fueled by increased demand for secure, scalable, and cost-effective server solutions in enterprise IT and cloud computing environments.
♦ Need more information? Inquire…
More Releases for Gum
Energy Gum Market Report 2025-2032| NeuroGum, Rev Gum, Apollo Energy Gum
HTF MI just released the Global Energy Gum Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2032. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
Major Giants in Energy Gum Market are:
NeuroGum, Rev Gum, Apollo Energy…
Natural Chewing Gum Market Size, Trends Analysis 2031 by Key Vendors- Quip Gum, …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲: According to Verified Market Reports analysis, the global Natural Chewing Gum Market size was valued at USD 16.8 Billion in 2023 and is projected to reach USD 25.9 Billion by 2031, growing at a CAGR of 2.8% during the forecasted period 2024 to 2031.
The Natural Chewing Gum Market presents considerable growth opportunities due to increasing consumer demand for clean-label, organic, and environmentally friendly products. As awareness of…
Biodegradable Chewing Gum Market to see Huge Growth by key players True Gum, Sim …
Advance Market Analytics published a new research publication on "Biodegradable Chewing Gum Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Biodegradable Chewing Gum market was mainly driven by the increasing R&D spending across the world.
Get inside Scoop of the…
Global Hydrocolloids Market Key Players, Types: Gelatin, Pectin, Carrageenan, Xa …
The global hydrocolloids market is estimated to be valued at USD 11.2 Billion in 2023 and is projected to reach USD 14.5 billion by 2028, at a CAGR of 5.4% during the forecast period. Hydrocolloids are widely used in many food formulations to improve quality attributes and shelf-life. Hydrocolloids expressed in food are affected by several factors, such as orientation and molecular association, water-binding and swelling, concentration, particle size, degree…
Biodegradable Chewing Gum Market Is Booming Worldwide : Nuud Gum, True Gum, Simp …
Advance Market Analytics published a new research publication on "Biodegradable Chewing Gum Market Insights, to 2027" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Biodegradable Chewing Gum market was mainly driven by the increasing R&D spending across the world.
Get Free Exclusive PDF Sample…
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…
