Gum Rosin Market to Grow with a CAGR of 6.79% through 2030
Surge in research and development activities is
expected to drive the Global Gum Rosin Market growth in the forecast period,
2026-2030.
According to TechSci Research report, “Gum Rosin Market
- Global Industry Size, Share, Trends, Competition Forecast &
Opportunities, 2030F”, the Global Gum Rosin Market stood at USD 953.28
Million in 2024 and is anticipated to grow with a CAGR of 6.79% through 2030. Initiatives
taken by government based on gum rosin has led to favorable market conditions
for the Global Gum Rosin Market. Several factors contribute to the growth of
various gum rosin products.
One of the primary areas of focus in R&D is the
development of high-value gum rosin derivatives, such as rosin esters,
hydrogenated resins, and disproportionated rosins. These specialized products
exhibit improved thermal stability, enhanced adhesion, and greater
compatibility with modern formulations used in adhesives, coatings, and inks.
As customer expectations evolve and demand for performance-driven materials
increases, manufacturers are investing in R&D to customize gum rosin
solutions tailored to niche industrial requirements.
To encourage the use of renewable resources in industrial applications, governments in developed and emerging economies alike are offering financial incentives for companies that incorporate bio-based materials such as gum rosin into their manufacturing processes. For instance, countries in the European Union under the “Green Deal” and “Bioeconomy Strategy” are providing grants and tax benefits to firms involved in the development of bio-based products, including adhesives, coatings, and cosmetics derived from gum rosin.
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The Global Gum Rosin Market is segmented into sales
channel, end use, regional distribution, and company.
Based on Sales Channel, Indirect have emerged
as the dominating segment in the Global Gum Rosin Market in 2024. The indirect
use of gum rosin enables the production of tailored derivatives that offer
enhanced properties such as improved thermal stability, oxidative resistance,
and adhesion. These specialized compounds are essential in applications where
performance requirements are high such as in automotive coatings, industrial
adhesives, and electronics-grade resins. This broad adaptability across
advanced industrial sectors has led to sustained demand for gum rosin in its
chemically modified form, reinforcing the dominance of the Indirect segment.
Based on Region, North America have emerged as the fastest
growing region in the Global Gum Rosin Market in 2024. With heightened consumer
awareness and regulatory pressure surrounding environmental concerns, North
America has increasingly prioritized the use of bio-based and renewable raw
materials in manufacturing. Gum rosin, being a natural resin derived from pine
trees, aligns with these sustainability initiatives. Its growing use in place
of petroleum-based resins in various applications has made it a preferred
choice among manufacturers striving for eco-friendly solutions.
Major companies operating in Global Gum Rosin Market
are:
- Resin Chemicals Co., Ltd.
- Guangzhou Songbao Chemical Co., Ltd.
- Guangxi Wuzhou Richeng Forest Products and Chemical
Co., Ltd.
- Dangyang Sencheng Forest Chemical Co., Ltd.
- Rosin Chemical (Wuping) Co., Ltd
- Yinlong Industrial Co., Ltd
- Yunnan Xinhuang Forestry Tapping C0., Ltd
- Forestar Chemical Co.,Ltd
- KUNSHAN ODOWELL CO.LTD
- Haixier (Xiamen) Chemical Industry Co., Ltd.
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“In the field of adhesives and coatings, the
incorporation of nanoparticles into gum rosin formulations enhances the
physical properties of the end products. Nanoparticles, due to their high
surface area and unique chemical properties, can significantly improve the
adhesive strength, water resistance, and durability of the coatings. This
innovation is particularly valuable in industries like construction,
automotive, and packaging, where long-lasting and high-performance materials
are essential”, said Mr. Karan Chechi, Research Director of TechSci Research, a
research-based management consulting firm.
“Gum Rosin Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Sales Channel (Direct, Indirect), By End Use (Soap Production, Papermaking, Coating, Others), By Region and Competition, 2020-2030F”, has evaluated the future growth potential of Global
Gum Rosin Market and provides statistics & information on market size, structure,
and future market growth. The report intends to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in Global Gum Rosin Market.
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