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U.S. Gum Rosin MarketU.S. Gum Rosin Market by Application (Paper Sizing, Printing Inks, Adhesives, Rubber, Others), by Forecast 2026-2034
The U.S. Gum Rosin Market size was valued at USD 417.3 USD Million in 2023 and is projected to reach USD 595.06 USD Million by 2032, exhibiting a CAGR of 5.2 % during the forecast period. Gum rosin is a natural plant resin which is obtained from the sap of the pine tree, mainly in the areas of the southern United States. It is made by harvesting trees for the gum, collecting the latex, and purging the essence through distillation. There are many kinds of gum rosin depending on their colour and purity, the lightest one is WW, the middle is WG and the last is N. Gum rosin is a crystalline substance characterized by high brittleness with a yellow to amber colour and a distinct smell of pine. It is, therefore, commonly applied in adhesive manufacturing, the rubber industry, and paper industries as it is an essential component of the produced items such as adhesives, sealants, inks, and varnishes among others. Further, gum rosin is used for the manufacturing of pharmaceutical products and cosmetics. These advantages relate to the natural origin of gum rosin and its biodegradability, combined with the fact that it is versatile and effective in its function of pacification for a wide range of industries.
Application
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 5.2% from 2020-2034 |
| Segmentation |
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Note*: In applicable scenarios
Primary Research
Secondary Research
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
The projected CAGR is approximately 5.2%.
Key companies in the market include Harima Chemicals Group (Japan), United Resins SA (Portugal), GUM CHEMICAL SOLUTIONS (Portugal), Forestar Chemical Co. Ltd. (China), GUILIN SONGQUAN FOREST CHEMICAL CO., LTD. (China), IRANI PAPEL E EMBALAGEM S.A. (Brazil), Jinggu Forestry Chemicals (China), CV. INDONESIA PINUS (Indonesia), Floripinus Chemical Industries (Brazil), PT. Naval Overseas (Indonesia), The Pinus Brasil Group (Brazil), AS Resinas (Brazil), Costa & Irmãos (Portugal).
The market segments include Application.
The market size is estimated to be USD 417.3 USD Million as of 2022.
Growing Demand for Adhesives and Printing Inks to Drive the Market Growth.
Increasing Demand for Sustainable Products to Present Lucrative Opportunities for Market Growth.
Availability of Substitutes May Hamper the Market Growth.
Acquisition of leading gum rosin producers by international companies Partnerships for the production and distribution of sustainable gum rosin Development of new gum rosin derivatives for advanced applications
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The market size is provided in terms of value, measured in USD Million and volume, measured in Kiloton.
Yes, the market keyword associated with the report is "U.S. Gum Rosin Market," which aids in identifying and referencing the specific market segment covered.
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