About Ester Gum
Ester gum is an organic chemical compound also known as Glycerol Esters of Wood Rosin. It is used as a thickening agent and emulsification stabilizer in chewing gum and ice cream. It is also used as an antistat, lubricants, defoamers, dispersing aid, etc.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Global Ester Oil is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching New Products. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Foshan Jingsha Chemical Co., Ltd. (China), Altek International FZE (United Arab Emirates), ARAKAWA CHEMICAL INDUSTRIES, LTD. (Japan), Mangalam Organic Limited (India), The Cary Company (United States), Eastman Chemical Company (United States), Jubilant FoodWorks (India), MPD INDUSTRIES PVT LTD (India), Sinofi Ingredients (China) and POLIMEROS SINTETICOS (Mexico) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Ester Gum market by Type (Glycerol Ester of Gum Rosin, Penta Ester Gum, Glycerin Ester of Rosin Modified with Maleic Anhydride and Maleic Adduct of Gum Rosin), Application (Food and Beverages, Cosmetics, Printing Ink, Paint and Coatings, Adhesives and Others) and Region.
On the basis of geography, the market of Ester Gum has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Packaging Type, the sub-segment i.e. Plastic Bag will boost the Ester Gum market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Ingredients, the sub-segment i.e. Glycerol will boost the Ester Gum market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Consumer Base for Natural Products
Market Growth Drivers:
Increasing Applications of Ester Gum in Paint and Coatings Industry and Rising Demand for Ester Gum in Chewing Gum Production
Challenges:
Stringent Regulations on the use of the Ester Gum
Restraints:
Health-Related Risks cause by the Consumption of Ester Gum
Opportunities:
Surging Demand for Inks, Paints and Coatings create Opportunities for the Ester Gum Market Demand
Market Leaders and their expansionary development strategies
In October 2023, vonik Leading Beyond Chemistry is expanding its TEGO® Foamex coating additive product line and launched the new TEGO® Foamex 8880 defoaming agent. The new product is targeted at water-based ink and coating applications, uses a unique new mixing technology, contains more than 50% bio-based materials in the solid content, and complies with multiple food contact regulations.
February 2021, Jungbunzlauer is launched of high acyl gellan gum under the brand name TayaGel®. Gellan gum is a highly functional hydrocolloid, produced through controlled non-GMO fermentation using renewable feedstock. Gellan gum is widely permitted as food additive used in a growing variety of both food and non-food products. TayaGel® is part of our product group Biogums, available through our sales offices and representatives.
Key Target Audience
Ester Oil Manufacturers, Ester Oil Suppliers and Distributors, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.