Gum Rosin Market, By Product (WW, K, WG, M, N, and X) By Application (Thermoplastic Coatings, Rubber Softener, Adhesives, Food, Paper Sizing, and Inks) and Geography (North America, Europe, Asia Pacific, and RoW) Analysis, Share, Trends, Size, & Forecast From 2014 2025
REPORT HIGHLIGHT
The gum rosin market is estimated to represent a global market of USD 2.06 billion by 2017, growing with 3.43% CAGR over the forecast period,2018-2025.
Market Dynamics
Gum Rosin is a kind of resins that is extracted from pine oleoresin. The global industry is expected to witness a surging growth on account of increasing demand for high-quality intermediates particularly in the real-estate industry and automotive. The most commonly used forms are rubber, coatings, and adhesives. In the years to follow, the market will grow steadily due to rising demand from different application industries such as synthetic rubber, printing inks, and adhesives. In the synthetic rubber industry, gum rosin is utilized as softeners whereas in adhesives they are used as binders. As these applications are quite significant, hence it is easy to project substantial growth in synthetic rubber and adhesive industries.
The impetus for better quality products, and higher output in the construction industry, and automotive could be attributed to the better living standards, increases in disposable income, economic and industrial growth. Thus, over the past few years, there has been a substantial increase in the procurement of gum rosins on the part of industry stalwarts. Emerging economies like India, Brazil, and China are going to be the main countries propelling the industry growth in the years to follow.
Pine oleoresin is one of the premium sources of gum rosin, which in turn is extracted from pine trees. Industry players are making investments and encouraging R&D for bringing about efficiency in the tapping methods and inducing genetic changes in the tree for increasing the flow of resin. The dynamic nature of commodity and increase in raw material prices are the two factors which act as a barrier in the industry.
Product Takeaway
The largest segment of graded gum rosin product is WW. Some of the core applications of the product are synthetic rubber and adhesive. The products workability and superior quality go to explain its high revenue share. Among all the product segment, WW will exhibit the fastest growth. The steep rise in the demand for binding materials of superior quality particularly in the adhesive segment will escalate the product demand.
Light yellow shades are the most common colors of WG and WW grades. When it comes to preserving the texture and color of end-use products like paper-sizing, adhesives, rubber, and inks they are utilized as the chief constituent materials.
Application Takeaway
On the basis of application, the industry is divided into adhesives, inks, and rubber. Rising investment in R&D investment works on the part of different market players with the objective of enhancing tapping procedures such that it becomes possible to accomplish higher extraction output of gun rosins. Further, in order to enhance the flow of resins in pine trees differed, research works have been undertaken to bring about genetic modification. In the years to follow, innovation and technological breakthroughs will facilitate the production of high-quality gun resins, which in turn will drive the overall market development.
Regional Takeaway
China is one of the largest consumer and producer of gum rosins. The rapid growth of application industries is one of the common reasons. Mention could be made to paper sizing, adhesives, synthetic rubber, and printing inks. Other countries in Asia like South Korea, Indonesia, India and Latin American countries like Brazil will become a major market of the gum rosin in the years to follow.
End-user industries are experiencing pressure to supply superior quality products thanks to the improvement in living standards and industrial growth. Construction and automotive industries, in particular, are on the receiving end of surging consumer demand.
Key Vendor Takeaway
The market experienced high fragmentation between 2016-2017, which is because of emergence of manufacturers from Indonesia and Brazil in the global market. Some of the leading companies in the global industry are Indonesia Pinus, CV, Forestar Chem, Wuzhou Pine Chemicals, and Celulose Irani.
The market size and forecast for each segment and sub-segments has been considered as below:
- Historical Year – 2014 & 2016
- Base Year – 2017
- Estimated Year – 2018
- Projected Year – 2025
TARGET AUDIENCE
- Traders, Distributors, and Suppliers
- Manufacturers
- Government and Regional Agencies
- Research Organizations
- Consultants
- Distributors
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
MARKET, BY PRODUCT
- WW
- K
- WG
- M
- N
- X
- Others
MARKET, BY APPLICATION
- Thermoplastic Coatings
- Rubber Softener
- Adhesives
- Food
- Paper Sizing
- Inks
- Others
MARKET, BY REGION
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- Rest of Europe
- Asia Pacific
- India
- China
- Rest of APAC
- Rest of the World
- Middle East and Africa
- Latin America
TABLE OF CONTENT
1. GUM ROSIN MARKET OVERVIEW
1.1. Study Scope
1.2. Assumption and Methodology
2. EXECUTIVE SUMMARY
2.1. Market Snippet
2.1.1. Market Snippet by Product
2.1.2. Market Snippet by Application
2.1.3. Market Snippet by Region
2.2. Competitive Insights
3. GUM ROSIN KEY MARKET TRENDS
3.1. Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Market Opportunities
3.4. Market Future Trends
4. GUM ROSIN INDUSTRY STUDY
4.1. Porter’s Five Forces Analysis
4.2. Marketing Strategy Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis
5. GUM ROSIN MARKET LANDSCAPE
5.1. Market Share Analysis
5.2. Key Innovators
5.3. Breakdown Data, by Key Manufacturer
5.3.1. Established Player Analysis
5.3.2. Emerging Player Analysis
6. GUM ROSIN MARKET – BY PRODUCT
6.1. Overview
6.1.1. Segment Share Analysis, By Product, 2017 & 2025 (%)
6.2. WW
6.2.1. Overview
6.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.3. K
6.3.1. Overview
6.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.4. WG
6.4.1. Overview
6.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.5. M
6.5.1. Overview
6.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.6. N
6.6.1. Overview
6.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.7. X
6.7.1. Overview
6.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.8. Others
6.8.1. Overview
6.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7. GUM ROSIN MARKET – BY APPLICATION
7.1. Overview
7.1.1. Segment Share Analysis, By Application, 2017 & 2025 (%)
7.2. Thermoplastic Coatings
7.2.1. Overview
7.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.3. Rubber Softener
7.3.1. Overview
7.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.4. Adhesives
7.4.1. Overview
7.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.5. Food
7.5.1. Overview
7.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.6. Paper Sizing
7.6.1. Overview
7.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.7. Inks
7.7.1. Overview
7.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.8. Others
7.8.1. Overview
7.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8. GUM ROSIN MARKET– BY GEOGRAPHY
8.1. Introduction
8.1.1. Segment Share Analysis, By Region, 2017 & 2025 (%)
8.2. North America
8.2.1. Overview
8.2.2. Key Manufacturers in North America
8.2.3. North America Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
8.2.4. North America Market Size and Forecast, By Product, 2014 – 2025 (US$ Million)
8.2.5. North America Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
8.2.6. U.S.
8.2.6.1. Overview
8.2.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.2.7. Canada
8.2.7.1. Overview
8.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3. Europe
8.3.1. Overview
8.3.2. Key Manufacturers in Europe
8.3.3. Europe Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
8.3.4. Europe Market Size and Forecast, By Product, 2014 – 2025 (US$ Million)
8.3.5. Europe Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
8.3.6. France
8.3.6.1. Overview
8.3.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3.7. Germany
8.3.7.1. Overview
8.3.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3.8. Rest of Europe
8.3.8.1. Overview
8.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.4. Asia Pacific (APAC)
8.4.1. Overview
8.4.2. Key Manufacturers in Asia Pacific
8.4.3. Asia Pacific Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
8.4.4. Asia Pacific Market Size and Forecast, By Product, 2014 – 2025 (US$ Million)
8.4.5. Asia Pacific Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
8.4.6. China
8.4.6.1. Overview
8.4.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.4.7. India
8.4.7.1. Overview
8.4.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.4.8. Rest of APAC
8.4.8.1. Overview
8.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.5. Rest of the World
8.5.1. Overview
8.5.2. Key Manufacturers in Rest of the World
8.5.3. Rest of the World Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
8.5.4. Rest of the World Market Size and Forecast, By Product, 2014 – 2025 (US$ Million)
8.5.5. Rest of the World Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
8.5.6. Latin America
8.5.6.1. Overview
8.5.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.5.7. Middle East and Africa
8.5.7.1. Overview
8.5.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9. KEY VENDOR ANALYSIS
9.1. Pinus, CV
9.1.1. Company Snapshot
9.1.2. Financial Performance
9.1.3. Product Benchmarking
9.1.4. Strategic Initiatives
9.2. Jinggu Forest Chemical
9.2.1. Company Snapshot
9.2.2. Financial Performance
9.2.3. Product Benchmarking
9.2.4. Strategic Initiatives
9.3. Punjab Rosin and Chemical Works
9.3.1. Company Snapshot
9.3.2. Financial Performance
9.3.3. Product Benchmarking
9.3.4. Strategic Initiatives
9.4. Forestarchem
9.4.1. Company Snapshot
9.4.2. Financial Performance
9.4.3. Product Benchmarking
9.4.4. Strategic Initiatives
9.5. Deqing Jixin
9.5.1. Company Snapshot
9.5.2. Financial Performance
9.5.3. Product Benchmarking
9.5.4. Strategic Initiatives
9.6. Hualin Chemical
9.6.1. Company Snapshot
9.6.2. Financial Performance
9.6.3. Product Benchmarking
9.6.4. Strategic Initiatives
9.7. Arakawa
9.7.1. Company Snapshot
9.7.2. Financial Performance
9.7.3. Product Benchmarking
9.7.4. Strategic Initiatives
9.8. Socer Brasil
9.8.1. Company Snapshot
9.8.2. Financial Performance
9.8.3. Product Benchmarking
9.8.4. Strategic Initiatives
9.9. PT. Naval Overseas
9.9.1. Company Snapshot
9.9.2. Financial Performance
9.9.3. Product Benchmarking
9.9.4. Strategic Initiatives
9.10. Forestar Chem
9.10.1. Company Snapshot
9.10.2. Financial Performance
9.10.3. Product Benchmarking
9.10.4. Strategic Initiatives
9.11. Wuzhou Pine Chemicals
9.11.1. Company Snapshot
9.11.2. Financial Performance
9.11.3. Product Benchmarking
9.11.4. Strategic Initiatives
9.12. Celulose Irani
9.12.1. Company Snapshot
9.12.2. Financial Performance
9.12.3. Product Benchmarking
9.12.4. Strategic Initiatives
10. 360 DEGREE ANALYSTVIEW
11. APPENDIX
11.1. Research Methodology
11.2. References
11.3. Abbreviations
11.4. Disclaimer
11.5. Contact Us
List of Tables
TABLE List of data Technology
TABLE Market drivers; Impact Analysis
TABLE Market restraints; Impact Analysis
TABLE Gum Rosin Market: Product snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by Product
TABLE Global Gum Rosin Market, by Product 2014-2025 (USD Million)
TABLE Gum Rosin Market: Application snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by Application
TABLE Global Gum Rosin Market, by Application, 2014-2025 (USD Million)
TABLE Gum Rosin Market: regional snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by region
TABLE Global Gum Rosin Market, by region 2014-2025 (USD Million)
TABLE North America Gum Rosin Market, by country, 2014-2025 (USD Million)
TABLE North America Gum Rosin Market, by Product, 2014-2025 (USD Million)
TABLE North America Gum Rosin Market, by Application, 2014-2025 (USD Million)
TABLE U.S. Gum Rosin Market, by Product, 2014-2025 (USD Million)
TABLE U.S. Gum Rosin Market, by Application, 2014-2025 (USD Million)
TABLE Canada Gum Rosin Market, by Product, 2014-2025 (USD Million)
TABLE Canada Gum Rosin Market, by Application, 2014-2025 (USD Million)
TABLE Europe Gum Rosin Market, by country, 2014-2025 (USD Million)
TABLE Europe Gum Rosin Market, by Product, 2014-2025 (USD Million)
TABLE Europe Gum Rosin Market, by Application, 2014-2025 (USD Million)
TABLE Germany Gum Rosin Market, by Product, 2014-2025 (USD Million)
TABLE Germany Gum Rosin Market, by Application, 2014-2025 (USD Million)
TABLE U.K. Gum Rosin Market, by Product, 2014-2025 (USD Million)
TABLE U.K. Gum Rosin Market, by Application, 2014-2025 (USD Million)
TABLE Rest of the Europe Gum Rosin Market, by Product, 2014-2025 (USD Million)
TABLE Rest of the Europe Gum Rosin Market, by Application, 2014-2025 (USD Million)
TABLE Asia Pacific Gum Rosin Market, by country, 2014-2025 (USD Million)
TABLE Asia Pacific Gum Rosin Market, by Product, 2014-2025 (USD Million)
TABLE Asia Pacific Gum Rosin Market, by Application, 2014-2025 (USD Million)
TABLE Japan Gum Rosin Market, by Product, 2014-2025 (USD Million)
TABLE Japan Gum Rosin Market, by Application, 2014-2025 (USD Million)
TABLE China Gum Rosin Market, by Product, 2014-2025 (USD Million)
TABLE China Gum Rosin Market, by Application, 2014-2025 (USD Million)
TABLE Rest of Asia Pacific Gum Rosin Market, by Product, 2014-2025 (USD Million)
TABLE Rest of Asia Pacific Gum Rosin Market, by Application, 2014-2025 (USD Million)
TABLE Rest of the World Gum Rosin Market, by country, 2014-2025 (USD Million)
TABLE Rest of the World Gum Rosin Market, by Product, 2014-2025 (USD Million)
TABLE Rest of the World Gum Rosin Market, by Application, 2014-2025 (USD Million)
TABLE Latin America Gum Rosin Market, by Product, 2014-2025 (USD Million)
TABLE Latin America Gum Rosin Market, by Application, 2014-2025 (USD Million)
TABLE Middle East and Africa Gum Rosin Market, by Product, 2014-2025 (USD Million)
TABLE Middle East and Africa Gum Rosin Market, by Application, 2014-2025 (USD Million)
List of Figures
FIGURE Gum Rosin Market segmentation
FIGURE Market research methodology
FIGURE Value chain analysis
FIGURE Porter’s Five Forces Analysis
FIGURE Market Attractiveness Analysis
FIGURE Competitive Landscape; Key company market share analysis, 2018
FIGURE Product segment market share analysis, 2017 & 2025
FIGURE Product segment market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE WW market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE K market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE WG market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE M market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE N market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE X market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Others market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Application segment market share analysis, 2017 & 2025
FIGURE Application segment market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Thermoplastic Coatings market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Rubber Softener market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Adhesives market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Food market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Paper Sizing market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Inks market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Others market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Regional segment market share analysis, 2017 & 2025
FIGURE Regional segment market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE North America Gum Rosin Market share and leading players, 2018
FIGURE Europe Gum Rosin Market share and leading players, 2018
FIGURE Asia Pacific Gum Rosin Market share and leading players, 2018
FIGURE Latin America Gum Rosin Market share and leading players, 2018
FIGURE Middle East and Africa Gum Rosin Market share and leading players, 2018
FIGURE North America market share analysis by country, 2018
FIGURE U.S. market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Canada market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Europe market share analysis by country, 2018
FIGURE U.K. market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Germany market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Rest of the Europe market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Asia Pacific market share analysis by country, 2018
FIGURE India market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE China market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Rest of Asia Pacific market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Rest of the World market share analysis by country, 2018
FIGURE Latin America market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Middle East and Africa market size, forecast and trend analysis, 2014 to 2025 (USD Million)