Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 319.77 Million | USD 618.53 Million | 6.82% | 2024 |
FrequentlyAsked Questions
Ester gum, also known as glycerol ester of rosin, is a blend of triglyceride esters formed by esterification of refined wood rosin or gum rosin with glycerol.
The ester gum market is expected to be driven by increasing demand from the beverage industry, growing applications in pharmaceuticals and personal care products, rising consumer preference for natural ingredients, and expanding applications in specialized industrial sectors.
According to our study, the global ester gum market was worth around USD 319.77 million in 2024 and is predicted to grow to around USD 618.53 million by 2034.
The CAGR value of the ester gum market is expected to be around 6.82% during 2025-2034.
While North America currently holds the largest market share, the Asia Pacific region is expected to register the highest growth in the ester gum market during the forecast period.
Key players in the ester gum market include Eastman Chemical Company, Arakawa Chemical Industries Ltd., DRT (Dérivés Résiniques et Terpéniques), Pinova Inc., Mangalam Organics Limited, Foreverest Resources Ltd., The Cary Company, PT. Naval Overseas, Shree Resins, Baolin Chemical Industry Co. Ltd., Jubilant Life Sciences Ltd., ResinAll Corp., Symrise AG, Polimeros Sintéticos S.A., Dujodwala Forest Products Ltd., Neostar United Industrial Co. Ltd., Teckrez Inc., Yinlong Industrial Co. Ltd., Deqing Jiyuan Synthetic Resin Factory, and Skyrun Industrial Co. Ltd.
The report comprehensively analyzes the ester gum market, including an in-depth discussion of market drivers, restraints, emerging trends, regional dynamics, and future growth opportunities. It also examines competitive dynamics, technological innovations, and regulatory factors shaping the production, distribution, and application of ester gum across various industries.
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