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Gum Rosin Market Share

Report ID: GMI3839
Published Date: Jul 2023
Report Format: PDF

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Gum Rosin Market Share

Major market players operating in the gum rosin market include

Derives Résiniques et Terpéniques (DRT)
Resinall Corp.
Wuzhou Sun Shine Forestry & Chemicals Co.
Kraton Corporation
Pinova Holdings
Arakawa Chemical Industries

These players focus on strategic partnerships, new product launches, and commercialization efforts for market expansion. They are investing significantly in research to introduce innovative products and garner maximum market revenue.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size for gum rosin was worth USD 1.68 Billion in 2023 and is projected to reach USD 2.54 billion by 2032, owing to the growing demand for adhesives & sealants from construction, packaging, automotive, and woodworking industries.

The pine trees segment held a major share of over 35% in gum rosin industry in 2022 and is anticipated to grow at a significant pace through 2032, owing to abundance of pine trees.

The U.S. dominated the North America gum rosin market with a major revenue share of USD 1180.8 million in 2022 and is projected to grow at a rapid rate during 2023 and 2032, backed by the large manufacturing base for adhesives & sealants.

Derives Résiniques et Terpéniques (DRT), Resinall Corp., Wuzhou Sun Shine Forestry & Chemicals Co., Kraton Corporation, Pinova Holdings, and Arakawa Chemical Industries.