Ester Gum Market Size, Share, Opportunities, And Trends By Type (Polymerized Rosins of Glycerol Ester (PRGE), Glycerol Esters of Wood Rosin (GEWR), Glycerol Esters of Gum Rosins (GEGR), Penta Ester Gum, Other Types), By Application (Food and Beverages, Cosmetic, Fertilizers, Others), And By Geography - Forecasts From 2025 To 2030
- Published : Nov 2024
- Report Code : KSI061617191
- Pages : 146
The ester gum market is expected to grow at a CAGR of 5.28%, reaching a market size of US$201.613 billion in 2030 from US$155.895 billion in 2025.
The major market driver for ester gums is that they are used in multiple sectors, such as stabilizers and emulsifiers in various pharmaceutical products. Products such as creams, ointments, and tablets are made using ester gums. The increasing demand for pharmaceutical products is expected to drive the ester gums market growth.
Further, it is utilized in solvent-based adhesives, pressure-sensitive adhesives, EVA glue sticks, bookbinding adhesives, and carpenter's glue. These adhesives are used in many industries, creating a larger demand for the material. Ester gums are gaining popularity in the market, as they are perceived to be safer and healthier alternatives to synthetic ingredients.
What are the ester gum market drivers?
- Growing food and beverages market
Ester gum has major applications in the food and beverages market, such as stabilizers in beverages, especially citrus-flavored soft drinks. It is also used as an emulsifier and emulsification stabilizer in soft drinks. The ester gum is used as a material for the gum base. It makes the property of easily becoming bubble and resisting chewing. It acts as an antioxidant and keeps softness with good taste in bubble gum and chewing gum.
According to the World Bank, roughly 4.5 billion low-income people in developing countries collectively spend more than $5 trillion a year. They spend $2.3 trillion a year on food and beverages solely. These numbers suggest that the food and beverage industry is the major economic sector for growth and demand. Thus, the ester gum market will likely rise during the forecast period.
- Usage in multiple industries
Ester gum is utilized in multiple industries, increasing its demand. It can be used in rubber products as a low-cost tackifier and softener in hoses, belts, footwear, flooring molded goods, etc. This aids in the processing of a wide range of elastomer compounds. Ester gum glycerol esters of wood rosin can be used as release agents and binders in pharmaceuticals. Further, it is applied in caulks and sealants, assembly, packaging specialty, graphic inks, film modification, hygiene adhesives, labels, tapes, road marking, roofing, wire and cable, etc. With the development of industries worldwide and the demand for goods increasing in developing regions, the need for ester gum will likely rise in the global market.
Geographical outlooks of the ester gum market
- The ester gum market is segmented into five regions worldwide
By geography, the market is segmented into North America, South America, Europe, the Middle East and Africa, and Asia Pacific. The major economies like China, Japan, India, and South Korea dominate the Asia-Pacific region. Some of the fastest-growing emerging economies are from this region, such as ASEAN countries.
The Asia Pacific region is expected to witness notable growth in the ester gum market due to its overall industrial expansion. India's manufacturing sector is likely to reach US$1 trillion by 2025-26 due to the positive developments in the manufacturing sector, government policy support, mergers and acquisitions activities, and PE/VC-led investment.
North America is expected to have a significant market share for ester gum products due to its major utilization in many sectors of the economy. Especially in the food and beverages segment of the economy, as per the U.S. Department of Agriculture, the food service and retailing industries have supplied more than $2.1 trillion worth of food each year since 2021, reaching $2.6 trillion in 2023.
Major products in the ester gum market:
- Food-grade rosin ester by Resin Chemicals Co., Ltd – It is used in chewing gum, emulsified flavor, and as a beverage thickener. This ester is made from gum rosin and food-grade glycerol, complying with GB10287-88 and FCC standards.
- Polymerized Ester Gum by Foreverest Resources Ltd.- Polymerized ester gum is a light yellow transparent solid, esterified with refined special-grade polymerized rosin and food-grade glycerin. These are applied in the material for the gum base and stabilizer in soft drinks. It has an acid value between 3.0~9.0 mgKOH/g and a softening point between 96~120 °C. It is packaged in a fiber drum, 250kg net, and a paper carton, 25kg net.
- UNIGUM Ester Gum by Uniform Synthetics- Unigum is an ester gum resin produced by esterification of rosin with pentaerythritol, creating a pale, intermediate hard thermoplastic resin. Unigum ester gum has tackifying properties. The light color makes it highly suitable for adhesives for bookbindings, carpets, tapes, inks, paints, and road marking paints. The major products offered are UNIGUM E-90, UNIGUM E-95, and UNIGUM E-105. UNIGUM E-105 can be applied in tackifier resin, tape labels, hot melt adhesives, sealants, and road marking paints.
Key developments in the ester gum market:
The market leaders for the Global Elastomer Market are SpecialChem, Foreverest Resources Ltd., Eastman Chemical Company, DRT (DSM-Firmenich), and Univar Solutions LLC, among others. The key players in the market implement growth strategies such as product launches, mergers, acquisitions, etc., to gain a competitive advantage.
The ester gum market is segmented and analyzed as follows:
- By Type
- Polymerized Rosins of Glycerol Ester (PRGE)
- Glycerol Esters of Wood Rosin (GEWR)
- Glycerol Esters of Gum Rosins (GEGR)
- Penta Ester Gum
- Other Types
- By Application
- Food and Beverages
- Cosmetic
- Fertilizers
- Others
- By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Rest of South America
- Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Middle East and Africa
- Saudi Arabia
- UAE
- Rest of the Middle East and Africa
- Asia Pacific
- China
- India
- Japan
- South Korea
- Taiwan
- Thailand
- Indonesia
- Rest of Asia-Pacific
- North America
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base and Forecast Years Timeline
1.8. Key benefits for the stakeholders
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Research Process
3. EXECUTIVE SUMMARY
3.1. Key Findings
3.2. Analyst View
4. MARKET DYNAMICS
4.1. Market Drivers
4.1.1. Growing food and beverages market
4.1.2. Usage in multiple industries
4.2. Market Restraints
4.2.1. Difficult extraction process
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. The Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. ESTER GUM MARKET BY TYPE
5.1. Introduction
5.2. Polymerized Rosins of Glycerol Ester (PRGE)
5.3. Glycerol Esters of Wood Rosin (GEWR)
5.4. Glycerol Esters of Gum Rosins (GEGR)
5.5. Penta Ester Gum
5.6. Other Types
6. ESTER GUM MARKET BY APPLICATION
6.1. Introduction
6.2. Food and Beverages
6.3. Cosmetic
6.4. Fertilizers
6.5. Others
7. ESTER GUM MARKET BY GEOGRAPHY
7.1. Global Overview
7.2. North America
7.2.1. United States
7.2.2. Canada
7.2.3. Mexico
7.3. South America
7.3.1. Brazil
7.3.2. Argentina
7.3.3. Rest of South America
7.4. Europe
7.4.1. United Kingdom
7.4.2. Germany
7.4.3. France
7.4.4. Italy
7.4.5. Spain
7.4.6. Rest of Europe
7.5. Middle East and Africa
7.5.1. Saudi Arabia
7.5.2. United Arab Emirates
7.5.3. Rest of the Middle East and Africa
7.6. Asia-Pacific
7.6.1. China
7.6.2. India
7.6.3. Japan
7.6.4. South Korea
7.6.5. Taiwan
7.6.6. Thailand
7.6.7. Indonesia
7.6.8. Rest of Asia-Pacific
8. COMPETITIVE ENVIRONMENT AND ANALYSIS
8.1. Major Players and Strategy Analysis
8.2. Market Share Analysis
8.3. Mergers, Acquisitions, Agreements, and Collaborations
8.4. Competitive Dashboard
9. COMPANY PROFILES
9.1. Uniform Synthetics.
9.2. SpecialChem
9.3. Univar Solutions LLC
9.4. DRT (DSM-Firmenich)
9.5. Arakawa Chemical Industries, Ltd.
9.6. Eastman Chemical Company
9.7. Foshan Baolin Chemical Industry Co., Ltd
9.8. Jubilant
9.9. Mangalam Organics Limited
9.10. Resin Chemicals Co.
9.11. Foreverest Resources Ltd.
Uniform Synthetics.
SpecialChem
Univar Solutions LLC
DRT (DSM-Firmenich)
Arakawa Chemical Industries, Ltd.
Eastman Chemical Company
Foshan Baolin Chemical Industry Co., Ltd
Jubilant
Mangalam Organics Limited
Resin Chemicals Co.
Foreverest Resources Ltd.
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