Gum Rosin Market

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Gum Rosin MarketMarket size, Industry outlook,
Market Forecast, Demand Analysis, Market Share,
Market Report 2021-2026
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• Gum Rosin Market size is forecast to reach
  1,437.43 million by 2025, after growing at a
  CAGR of 3.50 during 2020-2025. Major factors
  driving gum rosin demand include increasing
  demand from key application industries such as
  adhesives and rubber, growth in the construction
  project, and increasing automotive production.
• Factors such as economic growth, industrial
  growth, rising consumer disposable incomes, and
  standards of living have levied high pressure on
  the automotive and building construction
  industries for higher output and better-quality
  products.

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• Key Takeaways
• Asia-Pacific dominates the global Gum Rosin
  market, owing to increasing construction
  activities in the region and growing focus by the
  government and end-use industries to curb carbon
  footprints and develop environment friendly
  products.
• Speedy growth of synthetic rubber and adhesives
  industries is expected to act as a major factor
  driving the global gum rosin market during the
  forecast period. 
• However, volatility of gum rosin and fluctuation
  in prices of raw materials are restricting gum
  rosin market.

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By Distribution Channel- Segment
Analysis Adhesives application held the largest
share in the Gum Rosin market in 2019 and is
anticipated to grow at a CAGR of 4.03 through
the forecast period. Gum Rosin is used as a
binder in adhesives to enhance the strength,
plasticity, and viscosity of adhesives. The
growth in construction activities and motor
vehicle production is driving adhesive usage,
which in turn is supporting gum rosin market
growth. According to OICA, in 2018 the production
of light commercial vehicles and heavy trucks
increased by 5.9 and 3.5 from 2017.
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• Gum Rosin Market Industry Outlook 
• Gum Chemical Solutions,
• S.A., Jinggu Forestry Chemical,
• Sharda Industries,
• Punjab Rosin Chemicals Works,
• Guangdong Komo Co., Ltd,
• Resin Chemicals Co., Ltd, and
• Manish Minerals Chemicals

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Gum Rosin Market - Forecast(2023 - 2028) Learn
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.com/Research/Gum-Rosin-Market-Research-503552
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• You Can Customize the Report as Per Your Need.
  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
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Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
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