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Ester Gum Market Size, Share Global Analysis Report, 2020–2026
Ester Gum Market By Type (PRGE, GEWR, P & FHGEGR, Penta Ester Gum, Maleic adduct of Gum Rosin, Glycerol Ester of Gum Rosin Modified with Maleic Anhydride, Others) and By Application (Chewing Gum, Inks, Pharmaceuticals, Cosmetics, Beverages, Paints & Coatings, Adhesives, Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecast 2020–2026
Industry Insights
[180+ Pages Report] According to the report published by Facts Factors, the global ester gum market size was worth around 520 million in 2019 and is predicted to grow to around USD 680 million by 2026 with a compound annual growth rate (CAGR) of roughly 4% between 2020 and 2026. The report analyzes the global ester gum market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the ester gum market.
This specialized and expertise-oriented industry research report scrutinizes the technical and commercial business outlook of the Ester Gum industry. The report analyzes and declares the historical and current trends analysis of the Ester Gum industry and subsequently recommends the projected trends anticipated to be observed in the Ester Gum market during the upcoming years.
The ester gum market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire Ester Gum market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of both volume (Kilo Tons) and value (USD Million) from FY 2016 – 2026.
Key Insights from Primary Research
- As per our main respondents, the market for ester gum is set to grow annually at a rate of around 4%.
- It was concluded from primary research that the global ester gum market was valued at around USD 520.00 Million in 2019.
- Now terms of volume, the global ester gum market stood at around 240.00 Kilo Tons, in 2019.
- Based on type segmentation, the “Penta Ester Gum” category accounted for around 23% share, in 2019.
- Based on application segmentation, the “Chewing Gum” category held the leading share at more than 32%, in 2019.
Key Recommendations from Analysts
- As per our analysis, the Asia Pacific market is estimated to grow at a CAGR of 4% during with share 37% 2019-2026.
- China Growing at a CAGR around 3%, the ester gum market increasing the number of local players is estimated to enhance the future demand.
- China is viewing a vast demand for cosmetics & personal, chewing gum, care products, and beverages in the country.
- Increasing the beverage industry in the region amid increasing tourism and population coupled with increasing disposable income is projected to propel the ester gum market in the region.
- The Raw Material costs contain that is attached to materials that are purchased by its raw materials, business, manufacturing supplies parts, and components.
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the Ester Gum industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the Ester Gum industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the Ester Gum market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the Ester Gum industry. The Ester Gum market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the Ester Gum sector. Key strategic developments in the Ester Gum market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the Ester Gum market are appropriately highlighted in the report.
Ester gum is announced into furthermost papers to develop the intrinsic hydrophilic personality of cellulose fibers and too to contract this tendency to a different extent to fit particular use. It is also considered as a basic matrix material in the field of coatings and reinforced plastics.
Increasing consumption of ester gum in different application industries is demanding for the increased production and distribution of the ester gum products across the world. Moreover, the key companies operating in the global ester gum industry are focusing on sustainable business development through strategic partnerships and a wide distribution network.
The Ester Gum market research report delivers an acute valuation and taxonomy of the Ester Gum industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 520 Million |
Projected Market Size in 2026 |
USD 680 Million |
CAGR Growth Rate |
4% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
Pinova Inc., Eastman Chemical Company, Sood Paper & Allied Chemicals, Dev Resins, Cardinal Chemicals Pvt. Ltd., Shree Resin, Arakawa Chemical Industries Ltd., Zhejiang Xinsong Resin Co.Ltd., and Others |
Key Segment |
By Type, Application, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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The regional segmentation of the Ester Gum industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the Ester Gum industry is provided for the leading economies of the world.
The Ester Gum market is segmented based on type and application. On the basis of type segmentation, the market is classified into PRGE, GEWR, P & FHGEGR, Penta Ester Gum, Maleic adduct of Gum Rosin, Glycerol Ester of Gum Rosin Modified with Maleic Anhydride, Others. In terms of application segmentation, the market is bifurcated into Chewing Gum, Inks, Pharmaceuticals, Cosmetics, Beverages, Paints & Coatings, Adhesives, Other.
Some of the essential players operating in the ester gum market, but not restricted
- Pinova Inc.
- Eastman Chemical Company
- Sood Paper & Allied Chemicals
- Dev Resins
- Cardinal Chemicals Pvt. Ltd.
- Shree Resin
- Arakawa Chemical Industries Ltd.
- Zhejiang Xinsong Resin Co.Ltd.
The taxonomy of the ester gum industry by its scope and segmentation is as follows:
By Type Segmentation Analysis
- PRGE
- GEWR
- P & FHGEGR
- Penta Ester Gum
- Maleic adduct of Gum Rosin
- Glycerol Ester of Gum Rosin Modified with Maleic Anhydride
- Others
By Application Segmentation Analysis
- Chewing Gum
- Inks
- Pharmaceuticals
- Cosmetics
- Beverages
- Paints & Coatings
- Adhesives
- Other
By Regional Segmentation Analysis
- North America
- The U.S.
- Canada
- Europe
- Germany
- The UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Table of Content
Industry Major Market Players
- Pinova Inc.
- Eastman Chemical Company
- Sood Paper & Allied Chemicals
- Dev Resins
- Cardinal Chemicals Pvt. Ltd.
- Shree Resin
- Arakawa Chemical Industries Ltd.
- Zhejiang Xinsong Resin Co.Ltd.
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