Global Rosin (CAS 8050-09-7) market will reach 2200 million US$ by the end of 2025

The global Rosin (CAS 8050-09-7) market is valued at 1690 million US$ in 2017 and will reach 2200 million US$ by the end of 2025, growing at a CAGR of 3.4% during 2018-2025.

Publisher: QYResearch

Published Date: 2018/8/28

Rosin is a solid form of resin obtained from pines and some other plants, mostly conifers, produced by heating fresh liquid resin to vaporize the volatile liquid terpene components. It is semi-transparent and varies in color from yellow to black. At room temperature rosin is brittle, but it melts at stove-top temperature.

Currently, there are several producing companies in the world rosin industry. The main players are Hexion, Arakawa, Perum Perhutani, Resinas Brasil Group, Vinagum, Wuzhou Pine Chemicals and Wuzhou Sun Shine Forestry & Chemicals. The global sales of rosin will increase to 1003229 MT in 2017 from 1187793 MT in 2012.

In consumption market, China and Europe are the mainly consumption regions due to the bigger demand of downstream applications. In 2016, these two regions occupied 63.86% of the global consumption volume in total. The global Rosin (CAS 8050-09-7) market is valued at 1690 million US$ in 2017 and will reach 2200 million US$ by the end of 2025, growing at a CAGR of 3.4% during 2018-2025.

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