Gum Rosin Market Growth, Market Insights and Forecast to 2025Posted by rekha on October 4th, 2019 The global gum rosin market accounted for US$ XX Mn in 2018 and burgeoning over the forthcoming years. Some of the key factors propelling the market growth are increasing demand for adhesives, growing usage of bio-based materials from various sectors and rapidly evolving construction, building & automotive industries has raised the demand for gum rosin. However, fluctuating raw material prices is one of the major restraint for the market growth. Global gum rosin market segmented on the basis of product, application and region. For request sample: https://www.precisionbusinessinsights.com/request-sample?product_id=37626 Rubber Softener Dominate the Global Gum Rosin Market Based on application, global gum rosin market segmented into thermoplastic coatings, paper sizing, rubber softener, adhesives, inks, food and others. Rubber Softener segment held considerable market growth during estimated period. In the rubber industry, rosin is used as a softening agent to make the rubber soft and easy for kneading, make the filling agent easily dispersed. This gives the rubber elasticity so as to be easily squeezed out by screws in later processing. It can also help disperse the pigment in the rubber and make the product smooth on surface. With 2-6 percent of rosin, rubber will have an increased endurance to laceration and better elasticity. Asia Pacific Leads the Global Gum Rosin market
PBI’s global gum rosin market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. According to regional analysis. Asia Pacific is anticipated to be one of the fastest growing regions. China being the largest producer and consumer for this market due to rapidly growing adhesives, synthetic rubber and paper sizing industries couples with huge production facilities and well established distributors present in this region. North America is expected to witness steady growth in this market owing to the huge demand for this market from pharmaceutical and packaging industries. Launch of newer products, frequent product approvals, patent filings, and strategic alliances are the key strategies adopted by market players Global gum rosin market further reveals that the key players increasingly adopting strategies such as launch of newer products, frequent product approvals, and long term alliance to improve market revenue share and gaining significant geographic presence across the region. Key player’s profiles in the report are Wuzhou Pine Chemicals, Jinggu Forest Chemical, Xinhui Overseas Chinese Industry, Punjab Rosin and Chemical Works, Forestarchem, Deqing Yinlong Industrial, Deqing Jixin, Hualin Chemical, Zhaoqing DIC and Feishang. Precision Business Insights (PBI) in its report titled “Global Gum Rosin Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period over 2019-2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period. Moreover, the report also includes the total revenue and volume for the market. Detailed Segmentation
By Product o WG o WW o X o M o K o N o Others
By Application o Thermoplastic Coatings o Paper sizing o Rubber Softener o Adhesives o Inks o Food o Others By Geography o North America
o Europe
o Asia-Pacific
o Latin America
o Middle East and Africa (MEA)
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