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Gum Rosin Market Recent Trends and Technological Advancement 2013-2024

Global Gum Rosin Market is expected to reach USD 2.49 billion by 2024. Gum rosin is a natural solid form of pine oleoresin obtained from the pine trees. It is also known as u201ccolophonyu201d due to its range of colors from yellow to black. It is a raw material used in industries. It is exclusively used as coating material for release of control fertilizer. It is an organic compound of resin acid, monoterpene, and turpentine. The Gum Rosin Market is estimated to grow at a significant CAGR of 3.3% over the forecast period as the scope and its applications are rising enormously across the globe.<br>

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Gum Rosin Market Recent Trends and Technological Advancement 2013-2024

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  1. Gum Rosin Market Size & Forecast Report, 2013 - 2024 “Global Gum Rosin Market is expected to reach USD 2.49 billion by 2024. Gum rosin is a natural solid form of pine oleoresin obtained from the pine trees. It is also known as “colophony” due to its range of colors from yellow to black. It is a raw material used in industries.” Global Gum Rosin Market is expected to reach USD 2.49 billion by 2024. Gum rosin is a natural solid form of pine oleoresin obtained from the pine trees. It is also known as “colophony” due to its range of colors from yellow to black. It is a raw material used in industries. It is exclusively used as coating material for release of control fertilizer. It is an organic compound of resin acid, monoterpene, and turpentine. The Gum Rosin Market is estimated to grow at a significant CAGR of 3.3% over the forecast period as the scope and its applications are rising enormously across the globe. Growing demand from end users like printing inks and synthetic rubber, vast growth of adhesive and synthetic rubber industries, high demand for high-grade gum rosin products, and availability of low cost labor are documented as the major factors that are estimated to enhance the growth in the years to come. However, unfavorable weather conditions may restrain the overall market growth in the years to come. Gum Rosin Market is segmented based on product type, application, and region. Request Free Sample Copy @ https://www.millioninsights.com/industry-reports/gum-rosin- market/request-sample K, WW, M, WG, XN, and the other product types could be explored in Gum Rosin in the forecast period. WW gum rosin sector accounted for the substantial market share of Gum Rosin and is estimated to lead the overall market in the upcoming period. In terms of revenue, the sector is estimated to grow at a significant CAGR in future. The market may be categorized based on application like synthetic rubber industry, foodstuff industry, metal processing industry, papermaking industry, paints and coating industry, construction materials industry, printing ink industry, bactericide industry, and others.

  2. Globally, Asia Pacific accounted for the substantial market share of Gum Rosin and is estimated to lead the overall market in the coming period. This may be because of high demand from developing countries and presence of key manufactures in the region. China is a major producer & consumer of Gum Rosin with significant market share in terms of volume in this region. This may be because of developing industries like paper sizing, printing inks, adhesives, and synthetic rubber in the country. Browse Summary Report with TOC @ https://www.millioninsights.com/industry-reports/gum- rosin-market The key players of Gum Rosin Market are DeqingYinlong Industrial, CeluloseIrani SA, Pasadena Engineering Indonesia, Wuzhou Pine Chemicals, Forestarchem, Forestar Chemical Co. Ltd., Wuzhou Sun Shine Forestry & Chemicals, Indonesia Pinus, and Xinhui Overseas Chinese Industry. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. Market Segment: Product Outlook (Volume, Tons; Revenue, USD Million, 2013 - 2024) • WW • WG • XN • M • K • Others Application Outlook (Volume, Tons; Revenue, USD Million, 2013 - 2024) • Rubber Softener • Adhesives • Paper Sizing • Thermoplastic coatings • Food • Inks • Others Regional Outlook (Volume, Tons; Revenue, USD Million, 2013 - 2024) • U.S. • Europe • China • Japan • Rest of the World Find More Category Reports @ https://www.millioninsights.com/industry/chemicals-and-materials

  3. Get in touch At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions. Contact Person: Ryan Manuel Research Support Specialist, USA Email: ryan@millioninsights.com Global Headquarters Million Insights Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States Phone: 1-408-610-2300 Email: sales@millioninsights.com Asia Pacific Million Insights Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India Phone: 91-20-65300184

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