Wheel Flange Lubrication System
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The carboxylic acid group of a rosin acid can be converted to an ester through a reaction with various alcohols. The molecular weight and functionality of the alcohol determines the softening point of the subsequent ester. Glycerol with three reactive sites and pentaerythritol with four available hydroxyl groups are the most commonly used alcohols.
Global sales of Rosin Ester are 333.2 K MT in 2018, increased from 283.7 K MT in 2014. China is the largest producer, with production accounting for 43.53% of total production in 2018. The largest consumption region is also China , consumed 94.2 K MT In 2018. The second consumer is North America, owned 26.34% consumption share in 2018.
Market Analysis and Insights: Global Rosin Ester Market
The global Rosin Ester market is valued at US$ 833.5 million in 2019. The market size will reach US$ 985.8 million by the end of 2026, growing at a CAGR of 2.4% during 2021-2026.
Global Rosin Ester Scope and Segment
Rosin Ester market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Rosin Ester market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.
Segment by Type
Glycerol Ester
Pentaerythritol Ester
In 2018, Glycerol Ester accounted for a major share of 58.29% the global Rosin Esters market, this product segment is poised to reach 538.05 million USD by 2025 from 454.34 million USD in 2018.
Segment by Application
Adhesives
Inks and Coatings
Chewing Gum
Polymer Modification
Rosin esters are mainly used in the fields of adhesives, inks and coatings, accounting for 42.34% and 32.25% respectively. The remaining 25.41% is the market share of chewing gum,polymer modification and other.
By Company
Kraton Corporation
DRT
Ingevity
Eastman
Robert Kraemer
Lawter
Arakawa Chemical
Guangdong KOMO
Wuzhou Sun Shine
Xinsong Resin
Yinlong
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
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