Ester Gum Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2021 - 2026

Report Code: CMR 36353 Report Format: PDF + Excel

Overview

Ester Gum Market is forecast to reach $XX billion by 2025, after growing at a CAGR of 3.9% during 2020-2025. Ester gum market is primarily driven by the rising demand from the beverage industry primarily in fruit and energy drinks. The increase in demand for ester gum from inks, paints and coatings industry to provide additional hardness and shine to the varnishes and lacquers is also likely to stimulate the market growth during the forecast period.

Report Coverage

The report: “Ester Gum – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Ester Gum.


Key Takeaways

  • The growing focus for health and wellness is driving the non-alcoholic beverage industry globally, which in turn, is expected to drive the ester gum market in the forecast period.
  • Increasing focus towards bio-based products, increasing application areas for utilization of formulated ester gum as adhesives are factors expected to offer significant revenue opportunities for major players.

By Type - Segment Analysis

Glycol Esters of Wood Rosin (GEWR) segment held a significant share of the ester gum market in 2019. Glycerol ester of wood rosin, also known as glyceryl abietate or ester gum is one of the major raw materials for making gum base for bubble gum and chewing gum. The ester gum market is majorly driven by the growing demand for glycerol ester of wood rosin in the beverages industry. Glycerol Esters of Wood Rosin is widely used as texture stabilizers and emulsifier in beverages such as energy drinks. The flavoring oils extracted from citrus fruits such as oranges and lemons do not mix well with natural fruit juices or carbonated water. These flavoring oils extracted would simply float on top of the beverage if directly poured into the carbonated water even after mixing. The ester gum plays a major role in order to blend the flavoring oils with carbonated water perfectly.

By Application - Segment Analysis

Chewing gum segment held a significant share of the ester gum market in 2019 Many products comply with regulations set forth by the United States Food and Drug Administration (FDA) primarily for use as a softener or plasticizer for elastomeric masticatory agents used in chewing gum compositions. The primary factor responsible to surge the demand for chewing gum is its health benefits including combating anxiety and stress, and improving concentration.

Geography - Segment Analysis

Asia Pacific dominated the ester gum market with a share of more than 37% during the forecast period. APAC is one of the major markets for ester gum due to the huge demand for chewing gum, cosmetics, and beverage industries. The domestic personal care and cosmetics industry in China has also shown an upward growth trend in 2018, with the expansion into markets. Companies are looking to invest in the world’s largest consumer market for cosmetics to increase their production capacity, which in turn drives the ester gum market in the region during the forecast period.

Drivers – Ester Gum Market

  • Rising demand from paints and inks industry

Rising demand of ester gum from paints and inks industry is expected to fuel the growth of the ester gum market in the coming years due to its characteristics such as used in toluene-acetone blends and nitrocellulose lacquers. In addition, ester gum is majorly modified with maleic anhydride for sealers and varnishes applications to provide hardness, and increasing use of pentaerythritol ester gum in coatings for lithography applications are among other factors expected to drive the growth of the target market.

Challenges – Ester Gum Market

  • Stringent rules and regulations

Stringent rules and regulations associated with ester gum utilization is a major factor expected to restraint growth of the target market to a certain extent. According to FDA, ester gum can be directly added to food if it has an acid number of 3 to 9, a drop-softening point of 88 to 96 deg. C; and a color of N or paler as determined in accordance with Official Naval Stores Standards of the United States. It is used to adjust the density of citrus oils used in the preparation of beverages whereby the amount of the additive does not exceed 100 parts per million of the finished beverage.

Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the ester gum market. In 2019, the market of ester gum has been consolidated by the top five players accounting for xx% of the ester gum market share. Major top 10 companies of ester gum market Shree Resins, Baolin Chemical Industry, Jubilant, Arakawa Chemical Industries, The Cary Company, INDOPICRI, Eastman Chemical Company, Symrise, Mangalam Organic Limited and POLIMEROS SINTETICOS among others.

Collaboration

  • In Aug 2018, Brenntag North America, Inc. announced a collaboration with Caragum International for the distribution of Ester Gum in the United States and Canada. Caragum International specializes in the formulation and manufacturing of stabilizer systems for the food industry for applications including flavored emulsions, beverages, and sauces.

1. Ester Gum Market - Overview
        1.1 Definitions and Scope
2. Ester Gum Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Ester Gum Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Ester Gum Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Ester Gum Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Ester Gum Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Ester Gum Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Ester Gum Market - By Product Type(Market Size -$Million / $Billion)
9. Ester Gum Market - By Type(Market Size -$Million / $Billion)
9.1 Polymerized Rosins of Glycerol Ester (PRGE)
9.2 Glycerol Esters of Wood Rosin (GEWR)
9.3 Glycerol Esters of Gum Rosins (GEGR)
9.4 Penta Ester Gum
9.5 Others
10. Ester Gum - By Application Type(Market Size -$Million / $Billion)
10.1 Chewing Gum
10.2 Beverages
10.3 Paints, Inks & Coatings
10.4 Adhesives
10.5 Cosmetics
10.6 Others
11. Ester Gum- By Geography (Market Size -$Million / $Billion)
        11.1 Ester Gum Market - North America Segment Research
        11.2 North America Market Research (Million / $Billion)

            11.2.1 Segment type Size and Market Size Analysis
            11.2.2 Revenue and Trends
            11.2.3 Application Revenue and Trends by type of Application
            11.2.4 Company Revenue and Product Analysis
            11.2.5 North America Product type and Application Market Size
                  11.2.5.1 U.S
                  11.2.5.2 Canada
                  11.2.5.3 Mexico
                  11.2.5.4 Rest of North America
        11.3 Ester Gum- South America Segment Research
        11.4 South America Market Research (Market Size -$Million / $Billion)

            11.4.1 Segment type Size and Market Size Analysis
            11.4.2 Revenue and Trends
            11.4.3 Application Revenue and Trends by type of Application
            11.4.4 Company Revenue and Product Analysis
            11.4.5 South America Product type and Application Market Size
                  11.4.5.1 Brazil
                  11.4.5.2 Venezuela
                  11.4.5.3 Argentina
                  11.4.5.4 Ecuador
                  11.4.5.5 Peru
                  11.4.5.6 Colombia
                  11.4.5.7 Costa Rica
                  11.4.5.8 Rest of South America
        11.5 Ester Gum- Europe Segment Research
        
11.6 Europe Market Research (Market Size -$Million / $Billion)
            11.6.1 Segment type Size and Market Size Analysis
            11.6.2 Revenue and Trends
            11.6.3 Application Revenue and Trends by type of Application
            11.6.4 Company Revenue and Product Analysis
            11.6.5 Europe Segment Product type and Application Market Size
                  11.6.5.1 U.K
                  11.6.5.2 Germany
                  11.6.5.3 Italy
                  11.6.5.4 France
                  11.6.5.5 Netherlands
                  11.6.5.6 Belgium
                  11.6.5.7 Denmark
                  11.6.5.8 Spain
                  11.6.5.9 Rest of Europe
        11.7 Ester Gum - APAC Segment Research
        11.8 APAC Market Research (Market Size -$Million / $Billion)

            11.8.1 Segment type Size and Market Size Analysis
            11.8.2 Revenue and Trends
            11.8.3 Application Revenue and Trends by type of Application
            11.8.4 Company Revenue and Product Analysis
            11.8.5 APAC Segment - Product type and Application Market Size
                  11.8.5.1 China
                  11.8.5.2 Australia
                  11.8.5.3 Japan
                  11.8.5.4 South Korea
                  11.8.5.5 India
                  11.8.5.6 Taiwan
                  11.8.5.7 Malaysia
                  11.8.5.8 Hong Kong
                  11.8.5.9 Rest of APAC
        11.9 Ester Gum - Middle East Segment and Africa Segment Research
        11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)

            11.10.1 Segment type Size and Market Size Analysis
            11.10.2 Revenue and Trend Analysis
            11.10.3 Application Revenue and Trends by type of Application
            11.10.4 Company Revenue and Product Analysis
            11.10.5 Middle East Segment Product type and Application Market Size
                  11.10.5.1 Israel
                  11.10.5.2 Saudi Arabia
                  11.10.5.3 UAE
            11.10.6 Africa Segment Analysis
                  11.10.6.1 South Africa
                  11.10.6.2 Rest of Middle East & Africa
12. Ester Gum Market - Entropy
        12.1 New product launches
        12.2 M&A s, collaborations, JVs and partnerships
13. Ester Gum Market - Industry / Segment Competition landscape Premium
        13.1 Market Share Analysis
            13.1.1 Market Share by Country- Top companies
            13.1.2 Market Share by Region- Top 10 companies
            13.1.3 Market Share by type of Application - Top 10 companies
            13.1.4 Market Share by type of Product / Product category- Top 10 companies
            13.1.5 Market Share at a global level - Top 10 companies
            13.1.6 Best Practises for companies
14. Ester Gum Market - Key Company List by Country Premium
15. Ester Gum Market Company Analysis
        15.1 Market Share, Company Revenue, Products, M&A, Developments
        15.2 Arakawa Chemical Industries, Ltd
        15.3 Baolin Chemical Industry Co Ltd
        15.4 Deqing Yinlong Industrial Co, Ltd
        15.5 Eastman Chemical Company
        15.6 Foreverest Resource Ltd
        15.7 Jubilant
        15.8 Mangalam Organic Limited
        15.9 Mpdyechem
        15.10 Polimeros Sinteticos S A De C V
        15.11 Pt. Indopicri
        15.12 Shree Resin
        15.13 Sinofi Ingredient
        15.14 Symrise
        15.15 The Cary Company
        15.16 Company 15
        15.17 Company 16 & More
*Financials would be provided on a best efforts basis for private companies
16. Ester Gum Market - Appendix
        16.1 Abbreviations
        16.2 Sources
17. Ester Gum Market - Methodology
        17.1 Research Methodology
            17.1.1 Company Expert Interviews
            17.1.2 Industry Databases
            17.1.3 Associations
            17.1.4 Company News
            17.1.5 Company Annual Reports
            17.1.6 Application Trends
            17.1.7 New Products and Product database
            17.1.8 Company Transcripts
            17.1.9 R&D Trends
            17.1.10 Key Opinion Leaders Interviews
            17.1.11 Supply and Demand Trends

List of Tables

1 US Ester Gum Market Size 2018
2 Canada Ester Gum Market Share 2018
3 Brazil Ester Gum Market Outlook 2019 - 2023
4 Mexico Ester Gum Market Research 2018
5 Germany Ester Gum Market Trends 2019 - 2023 
6 France Ester Gum Market Growth 2019 - 2023 
7 UK Ester Gum Market Demand 2019 - 2023 
8 Italy Ester Gum Market Segmentation 2018
9 Russia Ester Gum Market Analysis 2019 - 2023
10 China Ester Gum Market Revenue 2019 - 2023
11 Japan Ester Gum Market Volume 2019 - 2023
12 South Korea Ester Gum Market Potential 2019 - 2023
13 India Ester Gum Market Leaders 2018
14 Saudi Arabia Ester Gum Market Forecast 2019 - 2023 
15 Kuwait Ester Gum Market Value 2018

List of Figures

For complete list of 60+ tables and 60+ figures follow the Link