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Rosin Resin Market Share

Report ID: GMI7516
Published Date: Nov 2023
Report Format: PDF

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Rosin Resin Market Share

Major players operating in the rosin resin industry include:

Eastman Chemical Company
Foreverest Resources Ltd.
G.C. RUTTEMAN & Co. B.V.
Hindustan Resins and Terpenes
Lawter, Inc.
Resin Chemicals Co., Ltd.
Guilin Songquan Forest Chemical
Arakawa Chemical Industries, Ltd.
Harima Chemicals Group, Inc.
RunXin
Wssfc
GZFlyingDragon
Formosa Produce Corporation
BaoLin
Rosinester

In the Asia-Pacific Market, Eastman Chemical Company and Foreverest Resources Ltd. have emerged as pivotal players, each securing substantial market shares through a strategic amalgamation of factors. The success of these companies can be attributed to their adept navigation of the dynamic market landscape, incorporating innovative technologies, robust supply chain management, and a keen understanding of regional market dynamics. Eastman Chemical Company and Foreverest Resources Ltd. have demonstrated a commitment to meeting the diverse demands of the Asia-Pacific region, capitalizing on opportunities for growth and consistently delivering high-quality rosin resin products. Their strategic initiatives have not only solidified their market positions but also positioned them as influential contributors shaping the trajectory of the Asia-Pacific market.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Industry size for rosin resin was USD 2.32 billion in 2022 and is estimated to reach USD 3.78 billion by the end of 2032 due to wide utilization in adhesives, paints and varnishes, rubbers, paper sizing, and printing inks.

Rosin resin industry from the gum rosin type segment recorded valuation of USD 1,510.2 million in 2022 driven by higher usage in various applications to cater to the increasing demand for sustainable materials

The adhesives application segment held around 35% of the rosin resin industry share in 2022 due to robust ability to enhance the overall performance of rubber compounds

Demand for rosin resins in the U.S. reached a revenue of USD 836.4 million in 2022 owing to the robust presence of technological advancements, and conducive business environment