Gum Rosin Market is predicted to reach USD 2 billion at a CAGR of 4.06% during the forecast period

Pune, India, September 2023, MRFR Press Release/Market Research Future has published a Cooked Research Report on the Global Gum Rosin Market.

Market Research Future (MRFR) has published a cooked research report on the “Global Gum Rosin Market” that contains information from 2023 to 2032. The Global Gum Rosin Market is estimated to register a CAGR of 4.06% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the Global Gum Rosin Market— INDONESIA PINUS, Eastman Chemical Company, MEGARA RESINS, Naval Overseas, Midhills, Wuzhou Pine Chemicals Ltd., Merck KGaA, and Pihera.

Gum Rosin Market Highlights

The Global Gum Rosin Market is accounted to register a CAGR of 4.06% during the forecast period and is estimated to reach USD 2 Billion by 2032.

The Global Gum Rosin Market refers to the worldwide trade and distribution of gum rosin, which is a natural resin obtained from pine trees. Gum rosin is primarily extracted from the resinous secretion of pine trees and is commonly used in various industries for its adhesive, tackifying, and sealing properties. It is a versatile material with applications in sectors such as adhesives, rubber, coatings, inks, paper, and more.

The market encompasses the production, consumption, and trade of gum rosin across different regions and countries. Factors influencing the global gum rosin market include supply and demand dynamics, economic conditions, technological advancements, regulatory factors, and the growth of end-use industries. The market can experience fluctuations in prices and demand based on factors such as the availability of raw materials, changes in manufacturing processes, and shifts in consumer preferences.

Segment Analysis

The Global Gum Rosin Market has been segmented based on product type.

Based on product type, the market has been segmented into Adhesive & Sealants, Rubber, Paint & Coatings, Printing Inks and Food & Beverage. The adhesive & sealants category generated the most income of about 30% in 2022. The increased use of adhesives in the vehicle and construction industries drives demand for this category. The increase in vehicle manufacturing and residential and commercial building projects is causing an increase in demand for adhesives and sealants, which will improve total market demand.

Regional Analysis

The Global Gum Rosin Market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Global Gum Rosin Market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Global Gum Rosin Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Global Gum Rosin Market comprises of Middle East, Africa, and Latin America.

North America is also a significant consumer of gum rosin, with applications in various industries including adhesives, construction, and electronics. The United States is a major market within this region, driven by its diverse industrial base and manufacturing activities.

The European market for gum rosin is influenced by the industrial and economic conditions of the region. It is used in various applications, including adhesives, sealants, and coatings. The growth of environmental regulations in Europe has also prompted a shift towards more sustainable and bio-based materials, potentially impacting the demand for gum rosin.

The Asia-Pacific region has traditionally been a significant producer and consumer of gum rosin. Countries like China and Indonesia are major producers of gum rosin due to their extensive pine tree plantations. China, in particular, has been a dominant player in the global gum rosin market, both as a producer and consumer. Its industrial growth and manufacturing sectors have contributed to high demand for gum rosin.

Furthermore, the rest of the world's Global Gum Rosin Market is divided into the Middle East, Africa, and Latin America.  Latin America has seen moderate demand for gum rosin, with its applications spread across various industries including adhesives, rubber, and paints. Countries like Brazil have been involved in the production and trade of gum rosin.

Key Findings of the Study

• The Global Gum Rosin Market is expected to reach USD 2 Billion by 2032, at a CAGR of 4.06% during the forecast period.


• North America is also a significant consumer of gum rosin, with applications in various industries including adhesives, construction, and electronics. The United States is a major market within this region, driven by its diverse industrial base and manufacturing activities.


• Based on product type, the market has been segmented into Adhesive & Sealants, Rubber, Paint & Coatings, Printing Inks holding the largest market in 2022.


• INDONESIA PINUS, Eastman Chemical Company, MEGARA RESINS, Naval Overseas, Midhills, Wuzhou Pine Chemicals Ltd., Merck KGaA, and Pihera.