What is Global Hydrogenated Rosin Ester Market?
The Global Hydrogenated Rosin Ester Market is a specialized and in-depth study of the chemical industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Hydrogenated Rosin Ester market with detailed market segmentation by type, application, and geography. The global Hydrogenated Rosin Ester market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Hydrogenated Rosin Ester market players and offers key trends and opportunities in the market.
Ester of Partially Hydrogenated Rosin, Ester of Completely/Highly Hydrogenated Rosin in the Global Hydrogenated Rosin Ester Market:
Hydrogenated Rosin Ester is a type of chemical compound that is derived from the hydrogenation of rosin. It is available in two forms: Ester of Partially Hydrogenated Rosin and Ester of Completely/Highly Hydrogenated Rosin. The former is a light-colored, low odor, thermoplastic resin used in a variety of applications including adhesives, coatings, and inks. The latter, on the other hand, is a highly stable, water-white, non-crystallizing resin used in a variety of applications including adhesives, coatings, and inks. Both types of Hydrogenated Rosin Ester are widely used in the global market due to their superior properties such as excellent tack and adhesion, good heat and aging resistance, and excellent compatibility with a wide range of polymers and solvents.
Adhesives and Tackifiers, Coatings, Inks and Pigments, Food Additives, Others in the Global Hydrogenated Rosin Ester Market:
The Global Hydrogenated Rosin Ester Market finds its usage in a variety of areas. It is used as an adhesive and tackifier in the packaging industry, where it provides excellent adhesion and tack to a variety of substrates. In the coatings industry, it is used to enhance the performance of coatings by improving their adhesion, flexibility, and gloss. In the inks and pigments industry, it is used to improve the printability and color development of inks. It is also used as a food additive, where it acts as a flavoring agent and a clouding agent. Other applications of Hydrogenated Rosin Ester include its use in the rubber industry, where it acts as a softening and tackifying agent, and in the cosmetics industry, where it is used as a fragrance ingredient.
Global Hydrogenated Rosin Ester Market Outlook:
The Global Hydrogenated Rosin Ester Market is showing a positive trend in terms of market value. In 2022, the market was valued at US$ 110.6 million and it is expected to reach US$ 137.3 million by 2029. This indicates a Compound Annual Growth Rate (CAGR) of 3.1% during the forecast period of 2023-2029. The market is dominated by the top 5 companies which hold a share of about 50%. In terms of geographical distribution, Asia-Pacific is the largest market, accounting for about 50% of the total market share. This is followed by North America and Europe, which hold a market share of about 23% and 17% respectively.
| Report Metric | Details |
| Report Name | Hydrogenated Rosin Ester Market |
| Accounted market size in 2022 | US$ 110.6 million |
| Forecasted market size in 2029 | US$ 137.3 million |
| CAGR | 3.1% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Eastman, DRT, Florachem, Arakawa Chemical Industries, Finjetchemical, Guangdong Hualin Chemical, Foshan Baolin Chemical, Wuzhou Sun Shine Forestry and Chemicals, Guangdong KOMO |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
