Global Ester Gum Market Projected to Reach USD 680.00 Million by 2026

19-Mar-2020 | Facts and Factors

Findings from Facts and Factors report “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 Forecasts, 2020–2026” states that the global ester gum market in 2019 was around USD 520 million. The market is expected to grow at a CAGR of 4% and is anticipated to reach around USD 680 million by 2026.

Ester Gum Market

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Ester Gum is a pale substance usually made by heating glycerol with rosin. It is a complex mixture of di and triglycerol esters of resin acids. It acts as an active ingredient, such as products of dehydroabietic acid the main element of disproportionate rosin has been informed as antitumor combinations. Ester gum is called as glycerol ester wood rosin or glyceryl abietate. Ester gum is called as glyceryl abietate or glycerol ester to wood rosin. The food-grade factual to recycle in cosmetics, foods, and beverages to retain oils in deferral in water, and its style might be reduced in the component as glycerol ester of rosin.

Ester gum is used in a variety of industries such as food and beverage, pharmaceutical, agriculture, paints & coatings, health &personal care, etc. the gum food-grade is used as a  food additive in beverages and food preparation to keep oils in suspension in water.  In the pharmaceutical industry, it is used for controlled drug delivery and pharmaceutical coatings. As ester gum is a natural material it satisfies the major need for drug delivery application.

Browse the full “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 Forecasts, 2020–2026" https://www.fnfresearch.com/ester-gum-market-by-type-prge-gewr-p-839

The beverage industry is a well-developed sector and has growth opportunities in emerging economies.  Many players in the industry strive to diversify their offerings to better compete and gain share.  The emerging trend of functional water and high-end alcohol-free drinks can be a game-changer in the beverage industry during the coming years.

Global market classified into major regions like the the Middle East & Africa, Asia Pacific, Europe, North America, and Latin America.  China is leading the Asia Pacific ester gum market, followed by India. The diffident recovery is anticipated to be supported by an improvement in external demand, an increase in commodity prices in the Asia Pacific.

On the basis of the type, the ester gum market is classified intoPRGE, GEWR, P & FHGEGR, Penta Ester Gum, Maleic adduct of Gum Rosin, Glycerol Ester of Gum Rosin Modified with Maleic Anhydride, Others. Polymerized Rosin of Glycerol Ester (PRGE)  is light yellow in color.  PRGE is made by esterification food-grade glycerin and specialty grade polymerized rosin.  PRGE is most commonly used for the production of chewing gum.  The materials contain basic gum nature with the property of resisting chewing and easily becoming a bubble. It has good taste with chewing gum and bubble gum and also acts as anti-oxidant. In addition, it can be also used as an emulsification stabilizer in soft drinks.

On the basis of the applications, the ester gum market is classified into chewing Gum, Inks, Pharmaceuticals, Cosmetics, Beverages, Paints & Coatings, Adhesives, Other. Now, feed supplement with a resin acid created work and resin acids typically recycled in the anticipation of the growth of harmful bacteria in the popular digestive tract of the animal.

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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Some of the leading players in the global market include

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., Others.

This report segments the ester gum market 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

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