Market Size of Rosin Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | > 4.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Rosin Market Analysis
The Global Rosin Market is projected to register a CAGR of more than 4% during the forecast period.
The market was negatively impacted by COVID-19 in 2020.
The market has now been estimated to have reached pre-pandemic levels and is expected to grow steadily in the future.
- The growing demand for adhesives and increasing demand from the paints and coatings industry are the major factors driving the market.
- On the other hand, the availability of close substitutes is expected to hinder the market growth.
- Furthermore, the growing demand for bio-based products is expected as a market opportunity in the coming years.
- The Asia-Pacific region dominated the market worldwide, with countries like China, India, and Japan being the biggest consumers.
