Market Overview:
The global hydrogenated rosin ester market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The hydrogenated rosin ester market has been segmented on the basis of type, application and region. On the basis of type, the hydrogenated glycerol rosin ester segment is expected to account for a major share of the global market during the forecast period. This can be attributed to its superior properties such as thermal stability, chemical resistance and low volatility. On the basis of application, hot melt adhesives are anticipated to account for a leading share of the global market during 2018-2030 owing to their growing demand from various end-use industries such as packaging, construction and automotive.
Product Definition:
The hydrogenated rosin ester is a type of resin that is often used in adhesives and sealants. It helps to improve the strength and stability of these products, making them more resistant to heat and other environmental factors.
Hydrogenated Glycerol Rosin Ester:
Hydrogenated glycerol rosin ester (HG-RSE) is a waxy, natural vegetable fat that is found in the outer portion of the plant stem and roots. It consists of one or more long-chained fatty acids with a backbone of glycerol molecule. The product has high melting point and low water solubility which makes it ideal for use in heat transfer applications such as wax melt manufacturing.
Hydrogenated Pentaerythritol Rosin Ester:
Hydrogenated pentaerythritol rosin ester (HPE) is a colorless liquid with an odor similar to rancid butter. It is manufactured by the catalytic hydrogenation of paraerythritol. The yield from this reaction is approximately 70% and it has been used as a feedstock for polyurethane foams, adhesives, coatings, and inks.
Application Insights:
The application segment includes hot melt adhesives, coatings, pressure sensitive adhesives, tackifier and others. The other applications include food & beverage and personal care products. Coatings were the largest application segment in 2016 accounting for over 40% of the total market revenue. Hydrogenated rosin ester based coatings are used in various end-use industries including automotive, construction and industrial manufacturing on a wide range of substrates such as metals (aluminum), plastics (PVC) wood fiber glass composites paper etc.
Hydrogenated rosin ester based coatings have excellent heat resistance property which is preferred for high temperature applications up to about 200°C They also display good moisture resistance property which makes them suitable for use on wooden substrates or any other substrate that may be exposed to moisture during normal living room humidity levels across the globe.
Regional Analysis:
Asia Pacific was the largest market in 2016 and is expected to continue its dominance over the forecast period. The region accounted for a volume share of more than 60% in 2016 owing to high product demand from various industries, including construction, packaging, automotive and others. China is one of the major countries contributing toward high consumption as it has been observed that nearly 50% of cars manufactured by Hyundai Motor Company are manufactured using Hydrogenated Rosin Ester (HRE) as a raw material.
Europe also held a significant market share in terms of consumption but it is anticipated that this trend will change towards 2030 due to growing competition among manufacturers based out of Europe with an aim to attract consumers through low priced products with improved performance characteristics such as better water resistance or flexibility. Moreover, new companies have entered into the industry which resulted into lower prices for consumers over time resulting into shift in consumption patterns towards developing regions like Asia Pacific and Latin America during the forecast period.
Growth Factors:
- Increasing demand for adhesives and sealants in end-use industries such as construction, automotive, and packaging is expected to drive the growth of the hydrogenated rosin ester market.
- Rising demand for coatings and inks owing to the increasing trend of digital printing is also projected to fuel the growth of this market during the forecast period.
- Growing use of hydrogenated rosin esters as a modifier in various applications such as plastics, rubbers, paints & coatings, and composites is anticipated to propel its demand over the next few years.
- Stringent environmental regulations pertaining to VOC emissions are likely to create opportunities for hydrogenated rosin esters over the forecast period. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydrogenated Rosin Ester Market Research Report
By Type
Hydrogenated Glycerol Rosin Ester, Hydrogenated Pentaerythritol Rosin Ester, Others
By Application
Hot Melt Adhesives, Coatings, Pressure Sensitive Adhesives, Tackifier, Others
By Companies
Eastman, DRT, Florachem, Foreverest Resources(PineChemicals), Arakawa Chemical Industries, Teckrez, ResinChemicals, Finjetchemical, GZFlyingDragon, Rosinester, RunXin, BaoLin, Formosa Produce Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
194
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Hydrogenated Rosin Ester Market Report Segments:
The global Hydrogenated Rosin Ester market is segmented on the basis of:
Types
Hydrogenated Glycerol Rosin Ester, Hydrogenated Pentaerythritol Rosin Ester, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hot Melt Adhesives, Coatings, Pressure Sensitive Adhesives, Tackifier, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Eastman
- DRT
- Florachem
- Foreverest Resources(PineChemicals)
- Arakawa Chemical Industries
- Teckrez
- ResinChemicals
- Finjetchemical
- GZFlyingDragon
- Rosinester
- RunXin
- BaoLin
- Formosa Produce Corporation
Highlights of The Hydrogenated Rosin Ester Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hydrogenated Glycerol Rosin Ester
- Hydrogenated Pentaerythritol Rosin Ester
- Others
- By Application:
- Hot Melt Adhesives
- Coatings
- Pressure Sensitive Adhesives
- Tackifier
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hydrogenated Rosin Ester Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hydrogenated rosin ester is a type of resin that is made from the distillation of rosin. It is a thick, sticky substance that can be used to make paints, varnishes, and other products. Hydrogenated rosin esters are often used in cosmetics because they provide a long-lasting finish and are resistant to moisture and sunlight.
Some of the key players operating in the hydrogenated rosin ester market are Eastman, DRT, Florachem, Foreverest Resources(PineChemicals), Arakawa Chemical Industries, Teckrez, ResinChemicals, Finjetchemical, GZFlyingDragon, Rosinester, RunXin, BaoLin, Formosa Produce Corporation.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hydrogenated Rosin Ester Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hydrogenated Rosin Ester Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hydrogenated Rosin Ester Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hydrogenated Rosin Ester Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hydrogenated Rosin Ester Market Size & Forecast, 2018-2028
4.5.1 Hydrogenated Rosin Ester Market Size and Y-o-Y Growth
4.5.2 Hydrogenated Rosin Ester Market Absolute $ Opportunity
Chapter 5 Global Hydrogenated Rosin Ester Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Hydrogenated Rosin Ester Market Size Forecast by Type
5.2.1 Hydrogenated Glycerol Rosin Ester
5.2.2 Hydrogenated Pentaerythritol Rosin Ester
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hydrogenated Rosin Ester Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Hydrogenated Rosin Ester Market Size Forecast by Applications
6.2.1 Hot Melt Adhesives
6.2.2 Coatings
6.2.3 Pressure Sensitive Adhesives
6.2.4 Tackifier
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hydrogenated Rosin Ester Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hydrogenated Rosin Ester Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Hydrogenated Rosin Ester Analysis and Forecast
9.1 Introduction
9.2 North America Hydrogenated Rosin Ester Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Hydrogenated Rosin Ester Market Size Forecast by Type
9.6.1 Hydrogenated Glycerol Rosin Ester
9.6.2 Hydrogenated Pentaerythritol Rosin Ester
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Hydrogenated Rosin Ester Market Size Forecast by Applications
9.10.1 Hot Melt Adhesives
9.10.2 Coatings
9.10.3 Pressure Sensitive Adhesives
9.10.4 Tackifier
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Hydrogenated Rosin Ester Analysis and Forecast
10.1 Introduction
10.2 Europe Hydrogenated Rosin Ester Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Hydrogenated Rosin Ester Market Size Forecast by Type
10.6.1 Hydrogenated Glycerol Rosin Ester
10.6.2 Hydrogenated Pentaerythritol Rosin Ester
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Hydrogenated Rosin Ester Market Size Forecast by Applications
10.10.1 Hot Melt Adhesives
10.10.2 Coatings
10.10.3 Pressure Sensitive Adhesives
10.10.4 Tackifier
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Hydrogenated Rosin Ester Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hydrogenated Rosin Ester Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Hydrogenated Rosin Ester Market Size Forecast by Type
11.6.1 Hydrogenated Glycerol Rosin Ester
11.6.2 Hydrogenated Pentaerythritol Rosin Ester
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Hydrogenated Rosin Ester Market Size Forecast by Applications
11.10.1 Hot Melt Adhesives
11.10.2 Coatings
11.10.3 Pressure Sensitive Adhesives
11.10.4 Tackifier
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Hydrogenated Rosin Ester Analysis and Forecast
12.1 Introduction
12.2 Latin America Hydrogenated Rosin Ester Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Hydrogenated Rosin Ester Market Size Forecast by Type
12.6.1 Hydrogenated Glycerol Rosin Ester
12.6.2 Hydrogenated Pentaerythritol Rosin Ester
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Hydrogenated Rosin Ester Market Size Forecast by Applications
12.10.1 Hot Melt Adhesives
12.10.2 Coatings
12.10.3 Pressure Sensitive Adhesives
12.10.4 Tackifier
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Hydrogenated Rosin Ester Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hydrogenated Rosin Ester Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Hydrogenated Rosin Ester Market Size Forecast by Type
13.6.1 Hydrogenated Glycerol Rosin Ester
13.6.2 Hydrogenated Pentaerythritol Rosin Ester
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Hydrogenated Rosin Ester Market Size Forecast by Applications
13.10.1 Hot Melt Adhesives
13.10.2 Coatings
13.10.3 Pressure Sensitive Adhesives
13.10.4 Tackifier
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hydrogenated Rosin Ester Market: Competitive Dashboard
14.2 Global Hydrogenated Rosin Ester Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Eastman
14.3.2 DRT
14.3.3 Florachem
14.3.4 Foreverest Resources(PineChemicals)
14.3.5 Arakawa Chemical Industries
14.3.6 Teckrez
14.3.7 ResinChemicals
14.3.8 Finjetchemical
14.3.9 GZFlyingDragon
14.3.10 Rosinester
14.3.11 RunXin
14.3.12 BaoLin
14.3.13 Formosa Produce Corporation
