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Report overview
The Asia Pacific Gum Rosin market size was valued at US$ 986.4 million in 2024 and is projected to reach US$ 1.28 billion by 2030, at a CAGR of 4.4% during the forecast period 2024-2030.
Gum rosin is a natural resin obtained from pine trees, used in various industries including adhesives, printing inks, rubber compounding, and as a raw material for derivative products like rosin esters.
The Asia Pacific gum rosin market is the largest globally, driven by the region's dominant position in pine resin production. China leads with a 70% market share, followed by Indonesia at 15% and India at 10%. In 2023, the adhesives and sealants industry consumed 40% of total production, with printing inks at 25% and rubber compounding at 20%. The market experienced a 6% growth in demand for gum rosin derivatives in road marking paints. Key players include Forestry and Chemical Maoming Co., Ltd. (China) and PT. Naval Overseas (Indonesia), holding a combined 35% market share in the region.
The industry is investing in sustainable forestry practices, with a 12% increase in certified sustainable pine plantations in 2023. Challenges include climate-related supply fluctuations and competition from synthetic alternatives, leading to an 8% focus on developing value-added rosin derivatives. The trend towards bio-based materials has driven a 10% increase in gum rosin use for biodegradable hot-melt adhesives. The market is benefiting from the growth of the packaging industry, with a 15% rise in rosin demand for pressure-sensitive adhesives in e-commerce packaging applications across Southeast Asian countries.
Report Includes
This report is an essential reference for who looks for detailed information on Asia Pacific Gum Rosin . The report covers data on Asia Pacific markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Asia Pacific major vendors¡¯ information. In addition to the data part, the report also provides overview of Gum Rosin , including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.
This report aims to provide a comprehensive presentation of the Asia Pacific Gum Rosin , with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Gum Rosin . This report contains market size and forecasts of Gum Rosin in Asia Pacific, including the following market information:
We surveyed the Gum Rosin manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
FAQs on the Asia Pacific Gum Rosin Market
1. What is the current market size of the Asia Pacific Gum Rosin market?
2. What is the projected market size of the Asia Pacific Gum Rosin market by 2030?
3. What is the growth rate of the Asia Pacific Gum Rosin market?
4. Which industries are the major consumers of Gum Rosin in the Asia Pacific?
The primary industries using Gum Rosin include:
Adhesives: For manufacturing pressure-sensitive adhesives and tapes.
Printing Inks: As a binder for high-quality printing.
Rubber: Used in rubber compounding for enhanced elasticity.
Paints and Coatings: For improved viscosity and gloss.
