Market Size of Ester Gum Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 8.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Ester Gum Market Analysis
The market for ester gum is expected to grow at a CAGR of more than 8% during the forecast period. Growing demand from paints, coatings, and inks is driving the demand of the market studied. However, stringent regulations regarding usage in some industries is expected to hinder the market growth. Asia-pacific dominated the market with a significant share and is estimated to continue its dominance during the forecast period.