Home
Materials & Chemicals
Paints, Coatings & Adhesives
Rosin Market Size, Share, Trends & Growth Opportunity [2031]

Rosin Market

Name: Growth Market Reports
Address: 500 East E Street, Ontario, 91764, USA
Telephone: +1 909 414 1393

Segments - by Application (Paints and Varnishes, Printing Inks, Rubbers, Adhesives, Paper Sizing, and Other Applications), Type (Tall Oil, Gum, and Wood), and Region (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

MC-5184
4.4 Rating
175 Pages

Upcoming
63 Reviews

Author :

Riddhesh Dani

Fact-checked by :

Harneet Meher

Editor :

Shruti Bhat

Report Description

The global rosin market size was USD XX Mn in 2022 and is likely to reach USD XX Mn by 2031, expanding at a CAGR of XX% during 2023–2031. Rising demand for eco-friendly products and high pace of bio-based materials fuels the market.

Rosin is a substantial form of resin extracted from pine trees. It can be translucent or semi-black in color and fragile. Rosin is used in the pharma sector to make capsules. It is an essential substance in the production of turpentine oil.

The COVID-19 pandemic impeded the market during forecast period. The production of paints and adhesives halted during the peak of the pandemic as repeated lockdowns were imposed globally. Additionally, the shipment of raw materials and products was hampered due to the restrictions imposed by the governments. These factors slowed the market growth. However, during and post the lockdown period, the demand for Do It Yourself (DIY) goods increased considerably. It is one of the factors that is likely to propel the market as DIY products’ several components need the use of adhesives, rubbers, and other such materials.

Rosin Market Dynamics

Key Drivers

Rising demand for turpentine oil for furniture applications is anticipated to propel the market during the forecast period. Rosin is used to making turpentine oil that is used as a solvent in paint and in cosmetics and soaps. It is an important substance in manufacturing rubber. Rosin helps to soften the rubber and maintain flexibility, elasticity, and cohesion. The pharmaceutical industry is adopting rosin resin, as it is used in the production of nano-particles and microcapsules.

Existing Restraints

Rising cost of rosin and lack of proficient labor are expected to restrain the market. Variation in prices is hampering the market. Rosin can be allergic to some users having sensitive skin. Thus, hampering the market.

Emerging Opportunities

Development of advanced technologies to enhance harvesting is likely to create opportunities in the market. Rosin is biodegradable, as it can be altered biochemically and chemically, and is safe and stable. Increasing interest in key players to boost profits and production, which is expected to create opportunities in the market.

Scope of the Rosin Market Report

The market report includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Rosin Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Application (Paints and Varnishes, Printing Inks, Rubbers, Adhesives, Paper Sizing, and Other Applications), Type (Tall Oil, Gum, and Wood)
Regional Scope	Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast
Key Players Covered in the Report	Harima Chemicals Group, Inc.; Foreverest Resources Ltd.; Henan Haofei Chemical Co.,Ltd.; Eastman Chemical Company; G.C. Rutteman & Co. B.V.; Georgia-Pacific.; Lascaray S.A.; Meridian Chemicals LLC.; Univar Solutions Inc.; Ingevity; and Segezha-Group

Market Segment Insights

Based on application, the rosin market is divided into paints and varnishes, printing inks, rubbers, adhesives, paper sizing, and other applications. The paint and varnishes segment is expected to expand at a significant pace during the projection period. Rosin is an important material in the paint and varnish sector. Rosin gets easily dissolved in gasoline, alcohol, turpentine, and in other materials. It plays an important role in making road coatings and various types of varnishes.

On the basis of type, the global market is segregated into tall oil, gum, and wood. The gum Type is projected to expand at a considerable CAGR during the forecast period. Gum rosin is called gum resin and colophony. Gum rosin is extracted from pine trees and is used widely in industrial works. It can be applied in inks and paints, as a processing aid and often acts as an adhesive in labels used for branding. In the food industry, gum rosins are converted into hydrogenated rosin to make chewing gums.

In terms of region, the global rosin market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is expected to dominate the market during the projection period owing to the increase in the demand for rosin in the region. Rosin is used to make rubber adhesive, pressure-sensitive, and hot melt. This, in turn used in the making of packaging, and in the construction and automotive industries. According to the Plastic Industry Association of India, India is the fifth-largest industry in the world growing at a rate of about 25% per year. Increasing population rate is expected to propel the market in the coming years. Food processing and packaging cost is expected to be lower than that in Europe. Cheap labor expenses and the number of skilled laborers is other factors driving the market in the coming years.

Segments

The rosin market has been segmented on the basis of

Application

Paints and Varnishes
Printing Inks
Rubbers
Adhesives
Paper Sizing
Other Applications

Type

Tall Oil
Gum
Wood

Region

Asia Pacific
North America
Latin America
Europe
Middle East & Africa

Key Players

Harima Chemicals Group, Inc.
Foreverest Resources Ltd.
Henan Haofei Chemical Co.,Ltd.
Eastman Chemical Company
G.C. Rutteman & Co. B.V.
Georgia-Pacific.
Lascaray S.A.
Meridian Chemicals LLC.
Univar Solutions Inc.
Ingevity
Segezha-Group.

Competitive Landscape

Key players competing in the global rosin market are Harima Chemicals Group, Inc.; Foreverest Resources Ltd.; Henan Haofei Chemical Co.,Ltd.; Eastman Chemical Company; G.C. Rutteman & Co. B.V.; Georgia-Pacific.; Lascaray S.A.; Meridian Chemicals LLC.; Univar Solutions Inc.; Ingevity; and Segezha-Group. These companies acquired development strategies including mergers, partnerships, collaboration, product launches, and production expansion to expand their consumer base globally. For instance,

In 2020, Kraton Corporation introduced SYLVALITE 9005, a biobased tackifier resin applied on pressure-sensitive gum rosin adhesive.

In 2021, Arakawa Chemical Industries, Ltd., a worldwide manufacturer of resin declared, collaborated with Forestar Chemical Co., Ltd., to increase its manufacturing capacity of gum rosin.

Rosin Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Rosin Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Rosin Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Rosin Market - Supply Chain
  4.5. Global Rosin Market Forecast
     4.5.1. Rosin Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Rosin Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Rosin Market Absolute $ Opportunity
5. Global Rosin Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Rosin Market Size and Volume Forecast by Types
     5.3.1. Tall Oil
     5.3.2. Gum
     5.3.3. Wood
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Rosin Market Analysis and Forecast by Applications
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Applications
     6.2.2. Y-o-Y Growth Projections by Applications
  6.3. Rosin Market Size and Volume Forecast by Applications
     6.3.1. Paints and Varnishes
     6.3.2. Printing Inks
     6.3.3. Rubbers
     6.3.4. Adhesives
     6.3.5. Paper Sizing
     6.3.6. Other Applications
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Rosin Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Rosin Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Rosin Demand Share Forecast, 2019-2026
8. North America Rosin Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Rosin Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Rosin Market Size and Volume Forecast by Types
     8.4.1. Tall Oil
     8.4.2. Gum
     8.4.3. Wood
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Rosin Market Size and Volume Forecast by Applications
     8.7.1. Paints and Varnishes
     8.7.2. Printing Inks
     8.7.3. Rubbers
     8.7.4. Adhesives
     8.7.5. Paper Sizing
     8.7.6. Other Applications
  8.8. Basis Point Share (BPS) Analysis by Applications
  8.9. Y-o-Y Growth Projections by Applications
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Rosin Demand Share Forecast, 2019-2026
9. Latin America Rosin Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Rosin Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Rosin Market Size and Volume Forecast by Types
     9.4.1. Tall Oil
     9.4.2. Gum
     9.4.3. Wood
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Rosin Market Size and Volume Forecast by Applications
     9.7.1. Paints and Varnishes
     9.7.2. Printing Inks
     9.7.3. Rubbers
     9.7.4. Adhesives
     9.7.5. Paper Sizing
     9.7.6. Other Applications
  9.8. Basis Point Share (BPS) Analysis by Applications
  9.9. Y-o-Y Growth Projections by Applications
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Rosin Demand Share Forecast, 2019-2026
10. Europe Rosin Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Rosin Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Rosin Market Size and Volume Forecast by Types
     10.4.1. Tall Oil
     10.4.2. Gum
     10.4.3. Wood
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Rosin Market Size and Volume Forecast by Applications
     10.7.1. Paints and Varnishes
     10.7.2. Printing Inks
     10.7.3. Rubbers
     10.7.4. Adhesives
     10.7.5. Paper Sizing
     10.7.6. Other Applications
  10.8. Basis Point Share (BPS) Analysis by Applications
  10.9. Y-o-Y Growth Projections by Applications
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Rosin Demand Share Forecast, 2019-2026
11. Asia Pacific Rosin Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Rosin Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Rosin Market Size and Volume Forecast by Types
     11.4.1. Tall Oil
     11.4.2. Gum
     11.4.3. Wood
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Rosin Market Size and Volume Forecast by Applications
     11.7.1. Paints and Varnishes
     11.7.2. Printing Inks
     11.7.3. Rubbers
     11.7.4. Adhesives
     11.7.5. Paper Sizing
     11.7.6. Other Applications
  11.8. Basis Point Share (BPS) Analysis by Applications
  11.9. Y-o-Y Growth Projections by Applications
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Rosin Demand Share Forecast, 2019-2026
12. Middle East & Africa Rosin Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Rosin Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Rosin Market Size and Volume Forecast by Types
     12.4.1. Tall Oil
     12.4.2. Gum
     12.4.3. Wood
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Rosin Market Size and Volume Forecast by Applications
     12.7.1. Paints and Varnishes
     12.7.2. Printing Inks
     12.7.3. Rubbers
     12.7.4. Adhesives
     12.7.5. Paper Sizing
     12.7.6. Other Applications
  12.8. Basis Point Share (BPS) Analysis by Applications
  12.9. Y-o-Y Growth Projections by Applications
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Rosin Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Rosin Market: Market Share Analysis
  13.2. Rosin Distributors and Customers
  13.3. Rosin Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. Harima Chemicals Group, Inc.
     13.4.2. Foreverest Resources Ltd.
     13.4.3. Henan Haofei Chemical Co.,Ltd.
     13.4.4. Eastman Chemical Company
     13.4.5. G.C. Rutteman & Co. B.V.
     13.4.6. Georgia-Pacific.
     13.4.7. Lascaray S.A.
     13.4.8. Meridian Chemicals LLC.
     13.4.9. Univar Solutions Inc.
     13.4.10. Ingevity
     13.4.11. Segezha-Group.

Methodology

Purchase Premium Report

Buy Now

Request For Sample

Request For Customization

Enquiry Before Buying

Speak With Analyst

Customize This Report

Ask for Research To Be Focused On Specific Regions or Segments
Receive Data As Per Your Format and Definition
Companies Profiled based on Your Requirements
Breaking Down Competitive Landscape as per Your Requirements
Any Level of Customization

Our Clients

Client Testinomials

We needed a highly accurate and precise report, which Growth Market Reports delivered promptly. The company compiled information from a wide array of reliable agencies and sourcess.It is extremely satisfactory to be working with you.
Strategy Head of Major Tech Company

We were very pleased to contact Growth Market Reports as they tailored reports precisely as per our requirements. As we are dealing with the aerospace and defense industry, we need reports of high accuracy and substantial quality.
Major Player in Defense Industry

Extremely delighted to have a well-crafted report on “Global Packaging Solutions Market Research Report” from your team. Thank you for providing me with all our requirements and for incorporating our suggestions.
CMO of Leading Packaging Company from USA

I had a good experience working with Growth Market Reports as they were very open to all constructive changes in the report. I found that the report had its charm embedded with ample of data.
Founder and Managing Partner of Major Korean Company

Our company has been working with Growth Market Reports for some years now and we are very happy with the quality of the reports provided by the company.I, on behalf of my organization, would like to thank you for offering professional reports.
Global Consulting Firm

Quick Contact

+1 909 414 1393

sales@growthmarketreports.com

Growth Market Report

Certified By