Understanding 2.8% Growth Rate of Gum Rosin Market with a Latest Research Report by TMR

The global Gum Rosin market was valued at US$ 1043 million in 2019 and it is expected to reach US$ 1155.9 million by the end of 2026, growing at a CAGR of 2.8% during 2021-2026.

Gum Rosin is a solid form of Pine oleoresin from pine trees, mostly conifers, produced by heating fresh liquid resin to vaporize the volatile liquid terpene components. It is semi-transparent and varies in color from yellow to black. At room temperature rosin is brittle, but it melts at stove-top temperatures.

There are several producing companies in the world gum rosin industry. The main players are Hexion, Arakawa, Perum Perhutani, Resinas Brasil Group, Vinagum, Midhills Rosin & Turpenes, Wuzhou Pine Chemicals and Wuzhou Sun Shine Forestry & Chemicals. The global sales of gum rosin is estimated to 768,000 MT in 2020, while it is 820,000 MT in 2015.

Global Gum Rosin Market: Drivers and Restrains

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Gum Rosin Market: Segment Analysis

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.

Key Companies profiled in this report are Hexion, Arakawa, Perum Perhutani, Resinas Brasil Group, Vinagum, Midhills Rosin & Turpenes, Wuzhou Pine Chemicals, Wuzhou Sun Shine Forestry & Chemicals, Jingdong Lion, Forestarchem, Deqing Jixin, Zhaoqing Dic, Guangdong Komo, Feishang, Resin Chemicals, Songquan Forest Chemical and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.

Find more details at: https://www.themarketreports.com/report/global-gum-rosin-market-research-report

Segment by Type

  • X Grade
  • WW Grade
  • WG Grade
  • N Grade
  • M Grade
  • K Grade

Segment by Application

  • Adhesive
  • Paint & Coating
  • Printing Ink
  • Rubber
  • Paper Making
  • Food

Table of Content:

1 Gum Rosin Market Overview

2 Gum Rosin Market Competition by Manufacturers

3 Gum Rosin Retrospective Market Scenario by Region

4 Global Gum Rosin Historic Market Analysis by Type

5 Global Gum Rosin Historic Market Analysis by Application

6 Key Companies Profiled

7 Gum Rosin Manufacturing Cost Analysis

8 Marketing Channel, Distributors and Customers

9 Gum Rosin Market Dynamics

10 Global Gum Rosin Market Forecast

11 Research Finding and Conclusion

12 Methodology and Data Source

13 Forecast by Type and by Application (2022-2027)

14 Research Finding and Conclusion

15 Methodology and Data Source

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