The global demand for Ester Gums Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
Ester gum is also known by other names, such as glycerol ester of wood rosin (GEWR) or glyceryl abeitate. It appears clear and pale yellow in color and works as a stabilizer or emulsifier. Since ester gum is oil soluble and has high density, it keeps oil suspended in water. Ester gum is prepared by combining resin acids and a polyhydric alcohol and finds usage in diverse applications. Ester gum is primarily used as an additive in food and beverages, ice creams, as a base in chewing gum, soft drinks, cosmetics, inks, and as an ingredient in some low-cost adhesives. Apart from this, it is used in the making of paints, enamels, and nitrocellulose lacquers. Ester gum helps to improve the texture and stability of products.
Market Dynamics
The ester gums market is expected to show steady growth over the course of the forecast period. The key factor driving its market is increasing adoption of the same as an emulsifying and stabilizing agent by various end-use industries, particularly non-alcoholic beverages such as energy and fruit drinks. There is an increasing demand for ester gums in the paint, coating, and ink industry as it provides shine and lends extra hardness to the products. This factor is anticipated to contribute significantly towards its market growth. However, strict rules and regulations imposed by the government related to its usage in some applications may hamper the growth of the ester gums market throughout the assessment period. For instance, as per FDA to be added directly to food products it must have an acid number between 3 and 9 and drop softening point between 88 and 96 deg.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of ester gums. The growth and trends of ester gums industry provide a holistic approach to this study.
Market Segmentation
This section of the ester gums market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Functions
- Emulsifier
- Stabilizer
- Others (Density Adjustment)
By Application
- Adhesives
- Beverages
- Cosmetics
- Chewing Gum
- Paints & Coatings
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Ester Gums market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Ester Gums Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the ester gums market include Polimeros Sinteticos S.A., Jubilant Life Sciences Limited, Baolin Chemical Industry Co Ltd, The Good Scent Company, Arakawa Chemical Industries Ltd., Jubliant, Panjiva, Aroma Chemicals, Akrochem Corporation, Symrise, The Cary Company. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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