Gum Rosin Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Gum rosin is also known as colophony, is a compact resin formed from pines & other plants such as conifers, produced by warming liquid resin to evaporate volatile liquid components. It comprises of residue attained by distillation of oleoresin from pine trees wood rosin. Rosin is semi-transparent, whose color varies from yellow to black. Gum rosin is brittle at room temperature and melts at higher temperatures. At high temperatures, it becomes sticky and acquires a pine-like odor.
MARKET DYNAMICS
The gum rosin market has witnessed significant growth owing to the increasing demand from key application industries such as adhesives, printing inks, and synthetic rubber. Moreover, factors such as economic and industrial growth, rising consumer disposable incomes, and standards of living are known to boost the gum rosin market in the coming years. The increasing demand for gum rosin from countries such as Brazil, China, and India provides a vast market opportunity for the key players operating in the gum rosin market.
MARKET SCOPE
The "Global Gum Rosin Market Analysis to 2028" is a specialized and in-depth study of the Chemicals and Materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Gum rosin market with detailed market segmentation by product type, applications, and geography. The global gum rosin market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Gum rosin market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global gum rosin market is segmented on the basis of product type and applications. On the basis of product type, the gum rosin market is segmented into WW, N, X, WG, M, and others. Based on application the global gum rosin market is divided into paint, paper sizing, adhesives, food, ink, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Gum rosin market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Gum rosin market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the Gum rosin market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Gum rosin market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Gum rosin market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Gum rosin market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the Gum rosin market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Gum rosin market in these regions.
MARKET PLAYERS
The reports cover key developments in the Gum rosin market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Gum rosin market are anticipated to lucrative growth opportunities in the future with the rising demand for Gum rosin in the global market. Below mentioned is the list of few companies engaged in the Gum rosin market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Gum rosin market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Cv. Indonesia Pinus
- Deqing Jiyuan synthetic Resin
- EURO-YSER
- Forestar Chemical
- Guilin Songquan forest Chemical
- Irani
- Jinggu Forestry Chemical
- PT. Naval Overseas
- Resin Chemicals
- Wuzhou Pine Chemicals
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
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Segment Covered
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![Regional Scope](https://www.theinsightpartners.com/assets/rdimages/regional_scope.png)
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
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Country Scope
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1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Gum Rosin Market - By Product Type
1.3.2 Gum Rosin Market - By Application
1.3.3 Gum Rosin Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. GUM ROSIN MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. GUM ROSIN MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. GUM ROSIN MARKET - GLOBAL MARKET ANALYSIS
6.1. GUM ROSIN - GLOBAL MARKET OVERVIEW
6.2. GUM ROSIN - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. GUM ROSIN MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. WW
7.3.1. Overview
7.3.2. WW Market Forecast and Analysis
7.4. N
7.4.1. Overview
7.4.2. N Market Forecast and Analysis
7.5. X
7.5.1. Overview
7.5.2. X Market Forecast and Analysis
7.6. WG
7.6.1. Overview
7.6.2. WG Market Forecast and Analysis
7.7. M
7.7.1. Overview
7.7.2. M Market Forecast and Analysis
7.8. OTHERS
7.8.1. Overview
7.8.2. Others Market Forecast and Analysis
8. GUM ROSIN MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. PAINT
8.3.1. Overview
8.3.2. Paint Market Forecast and Analysis
8.4. PAPER SIZING
8.4.1. Overview
8.4.2. Paper Sizing Market Forecast and Analysis
8.5. ADHESIVES
8.5.1. Overview
8.5.2. Adhesives Market Forecast and Analysis
8.6. FOOD
8.6.1. Overview
8.6.2. Food Market Forecast and Analysis
8.7. INK
8.7.1. Overview
8.7.2. Ink Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis
9. GUM ROSIN MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Gum Rosin Market Overview
9.1.2 North America Gum Rosin Market Forecasts and Analysis
9.1.3 North America Gum Rosin Market Forecasts and Analysis - By Product Type
9.1.4 North America Gum Rosin Market Forecasts and Analysis - By Application
9.1.5 North America Gum Rosin Market Forecasts and Analysis - By Countries
9.1.5.1 United States Gum Rosin Market
9.1.5.1.1 United States Gum Rosin Market by Product Type
9.1.5.1.2 United States Gum Rosin Market by Application
9.1.5.2 Canada Gum Rosin Market
9.1.5.2.1 Canada Gum Rosin Market by Product Type
9.1.5.2.2 Canada Gum Rosin Market by Application
9.1.5.3 Mexico Gum Rosin Market
9.1.5.3.1 Mexico Gum Rosin Market by Product Type
9.1.5.3.2 Mexico Gum Rosin Market by Application
9.2. EUROPE
9.2.1 Europe Gum Rosin Market Overview
9.2.2 Europe Gum Rosin Market Forecasts and Analysis
9.2.3 Europe Gum Rosin Market Forecasts and Analysis - By Product Type
9.2.4 Europe Gum Rosin Market Forecasts and Analysis - By Application
9.2.5 Europe Gum Rosin Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Gum Rosin Market
9.2.5.1.1 Germany Gum Rosin Market by Product Type
9.2.5.1.2 Germany Gum Rosin Market by Application
9.2.5.2 France Gum Rosin Market
9.2.5.2.1 France Gum Rosin Market by Product Type
9.2.5.2.2 France Gum Rosin Market by Application
9.2.5.3 Italy Gum Rosin Market
9.2.5.3.1 Italy Gum Rosin Market by Product Type
9.2.5.3.2 Italy Gum Rosin Market by Application
9.2.5.4 United Kingdom Gum Rosin Market
9.2.5.4.1 United Kingdom Gum Rosin Market by Product Type
9.2.5.4.2 United Kingdom Gum Rosin Market by Application
9.2.5.5 Russia Gum Rosin Market
9.2.5.5.1 Russia Gum Rosin Market by Product Type
9.2.5.5.2 Russia Gum Rosin Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Gum Rosin Market Overview
9.3.2 Asia-Pacific Gum Rosin Market Forecasts and Analysis
9.3.3 Asia-Pacific Gum Rosin Market Forecasts and Analysis - By Product Type
9.3.4 Asia-Pacific Gum Rosin Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Gum Rosin Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Gum Rosin Market
9.3.5.1.1 Australia Gum Rosin Market by Product Type
9.3.5.1.2 Australia Gum Rosin Market by Application
9.3.5.2 China Gum Rosin Market
9.3.5.2.1 China Gum Rosin Market by Product Type
9.3.5.2.2 China Gum Rosin Market by Application
9.3.5.3 India Gum Rosin Market
9.3.5.3.1 India Gum Rosin Market by Product Type
9.3.5.3.2 India Gum Rosin Market by Application
9.3.5.4 Japan Gum Rosin Market
9.3.5.4.1 Japan Gum Rosin Market by Product Type
9.3.5.4.2 Japan Gum Rosin Market by Application
9.3.5.5 South Korea Gum Rosin Market
9.3.5.5.1 South Korea Gum Rosin Market by Product Type
9.3.5.5.2 South Korea Gum Rosin Market by Application
9.3.5.6 Rest of Asia-Pacific Gum Rosin Market
9.3.5.6.1 Rest of Asia-Pacific Gum Rosin Market by Product Type
9.3.5.6.2 Rest of Asia-Pacific Gum Rosin Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Gum Rosin Market Overview
9.4.2 Middle East and Africa Gum Rosin Market Forecasts and Analysis
9.4.3 Middle East and Africa Gum Rosin Market Forecasts and Analysis - By Product Type
9.4.4 Middle East and Africa Gum Rosin Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Gum Rosin Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Gum Rosin Market
9.4.5.1.1 South Africa Gum Rosin Market by Product Type
9.4.5.1.2 South Africa Gum Rosin Market by Application
9.4.5.2 Saudi Arabia Gum Rosin Market
9.4.5.2.1 Saudi Arabia Gum Rosin Market by Product Type
9.4.5.2.2 Saudi Arabia Gum Rosin Market by Application
9.4.5.3 U.A.E Gum Rosin Market
9.4.5.3.1 U.A.E Gum Rosin Market by Product Type
9.4.5.3.2 U.A.E Gum Rosin Market by Application
9.4.5.4 Rest of Middle East and Africa Gum Rosin Market
9.4.5.4.1 Rest of Middle East and Africa Gum Rosin Market by Product Type
9.4.5.4.2 Rest of Middle East and Africa Gum Rosin Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Gum Rosin Market Overview
9.5.2 South and Central America Gum Rosin Market Forecasts and Analysis
9.5.3 South and Central America Gum Rosin Market Forecasts and Analysis - By Product Type
9.5.4 South and Central America Gum Rosin Market Forecasts and Analysis - By Application
9.5.5 South and Central America Gum Rosin Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Gum Rosin Market
9.5.5.1.1 Brazil Gum Rosin Market by Product Type
9.5.5.1.2 Brazil Gum Rosin Market by Application
9.5.5.2 Argentina Gum Rosin Market
9.5.5.2.1 Argentina Gum Rosin Market by Product Type
9.5.5.2.2 Argentina Gum Rosin Market by Application
9.5.5.3 Rest of South and Central America Gum Rosin Market
9.5.5.3.1 Rest of South and Central America Gum Rosin Market by Product Type
9.5.5.3.2 Rest of South and Central America Gum Rosin Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. GUM ROSIN MARKET, KEY COMPANY PROFILES
11.1. CV. INDONESIA PINUS
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. DEQING JIYUAN SYNTHETIC RESIN
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. EURO-YSER
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. FORESTAR CHEMICAL
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. GUILIN SONGQUAN FOREST CHEMICAL
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. IRANI
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. JINGGU FORESTRY CHEMICAL
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. PT. NAVAL OVERSEAS
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. RESIN CHEMICALS
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. WUZHOU PINE CHEMICALS
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Cv. Indonesia Pinus
2. Deqing Jiyuan synthetic Resin
3. EURO-YSER
4. Forestar Chemical
5. Guilin Songquan forest Chemical
6. Irani
7. Jinggu Forestry Chemical
8. PT. Naval Overseas
9. Resin Chemicals
10. Wuzhou Pine Chemicals
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.