Ester Gum - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Ester Gum Market is growing at a CAGR of 9.8% during 2018-2027. Growing demand for paints and coatings and rising use of pentaerythritol ester gum in coatings for lithography applications are the major factors propelling the market growth. However, the stringent rules is hampering the market growth.
Ester gums are lighter in colour than rosin and have a higher softening point but lesser acid number. They are used as an alternative of copal, or kauri in making enamels, paints, nitrocellulose lacquers, and tung oil mixtures. Ester gums are not used in artist paints or varnishes although they have been tried for wax-resin linings. Ester gum contains the glyceryl, methyl, and ethyl esters of rosin acids.
Based on the type, the Glycerol Esters of Wood Rosin (GEWR) segment is likely to have a huge command due to broadly used as texture emulsifier and stabilizers in beverages such as energy drinks. The flavouring oils extracted from citrus fruits such as oranges and lemons do not mix well with usual fruit juices or carbonated water. If openly poured into the carbonated water even after mixing these flavouring oils extracted would basically float on top of the beverage.
By geography, Asia Pacific is going to have a lucrative growth during the forecast period the huge demand for chewing gum, and beverage industries. The domestic personal care and cosmetics industry in China has also shown an upward growth trend with the growth into markets. Companies are looking to provide in the world’s largest customer market for cosmetics to raise their production capacity, which in turn drives the ester gum market in the region during the forecast period.
Some of the key players profiled in the Ester Gum Market include Arakawa Chemical Industries, Baolin Chemical Industry, Deqing Yinlong Industrial, Eastman Chemical, Foreverest Resources, Jubilant, Mangalam Organics, Mpdyechem, Polimeros Sinteticos, and PT. Indopicri, Shree Resins, Sinofi Ingredients, Symrise and The Cary.
• Glycerol Esters of Gum Rosins (GEGR)
• Glycerol Esters of Wood Rosin (GEWR)
• Penta Ester Gum
• Polymerized Rosins of Glycerol Ester (PRGE)
• Density Adjustment
• Food and Beverages
• Chewing Gum
• Paints, Inks & Coatings
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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