Market Overview:
The global methyl hydrogenated rosinate market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for methyl hydrogenated rosinate in cosmetics, food additives, resinous plasticizer and other applications. In terms of type, the food grade segment is projected to hold a larger share of the global methyl hydrogenated rosinate market during the forecast period. This can be attributed to its growing use in food applications such as bakery products, confectionery items and others.
Product Definition:
A methyl hydrogenated rosinate (MHR) is a fatty acid esterified to a methyl group and to hydrogenated rosin, used as an adhesive in wood coatings.
Food Grade:
Food grade rosin is a natural gum, which is obtained from the leaves of rosemary tree. It has high demand in food & beverage industry as an emulsifier and thickening agent. Rosin used for food & beverage industry acts as stabilizer, anti-caking agent, gelling agent and foam reducing agents among others.
Industrial Grade:
Industrial grade rosin is a natural gum derived from pine trees. It has been used traditionally as an adhesive and sealant in industries that require adhesives or binders. Rosin is also used for the manufacturing of varnishes, paints, printing inks, and cosmetics among others.
Application Insights:
The global methyl hydrogenated rosinate market is segmented on the basis of application into cosmetics, food additives, resinous plasticizer and other applications. The cosmetics application segment accounted for a share of over 40% in 2017. Rosin is used as an ingredient in several cosmetic formulations owing to its high content of resinoids which have excellent film-forming properties and act as a natural moisturizing factor (NMF). These factors are likely to drive the product demand from this sector over the forecast period.
Food additives are expected to be one of the fastest growing segments with a CAGR around 10% from 2018 to 2030 due largely to increasing consumer awareness regarding health benefits associated with them coupled with rising demand for taste enhancers particularly across emerging economies such as China India and Brazil.
Regional Analysis:
Asia Pacific was the leading global market and accounted for over 43% of the total revenue in 2016. The region is expected to continue its dominance over the forecast period owing to high product demand from various end-use industries, such as cosmetics, food additives and resinous plasticizers. China is anticipated to remain a key consumer due to rapid industrialization along with increasing per capita income levels among consumers in this country.
North America emerged as one of the major consumers of GM HR rosinate owing to growing demand from several end-use industries including plastics and paints & coatings at a domestic level. High consumption levels coupled with favorable regulations are projecteded responsible for driving industry growth over this region during the forecast period.
Growth Factors:
- Increasing demand for methyl hydrogenated rosinate from the food and beverage industry as a flavoring agent.
- Rising demand for methyl hydrogenated rosinate in personal care products as an antioxidant and UV absorber.
- Growing use of methyl hydrogenated rosinate in pharmaceutical formulations as an anti-inflammatory agent and blood thinner.
- Increasing application of methyl hydrogenated rosinate in agrochemicals to improve crop yield and quality.
Scope Of The Report
Report Attributes
Report Details
Report Title
Methyl Hydrogenated Rosinate Market Research Report
By Type
Food Grade, Industrial Grade
By Application
Cosmetics, Food Additives, Resinous Plasticizer, Other
By Companies
Neuchem Inc., Eastman, Universal Preserv-A-Chem, Skyrun Industrial Co., Ltd., Neostar United Industrial Co., Ltd., Foreverest Resources Ltd., BOC Sciences, Advanced Technology & Industrial Co., Ltd., Parchem Fine & Specialty Chemicals, Neuchem Inc.
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
215
Number of Tables & Figures
151
Customization Available
Yes, the report can be customized as per your need.
Global Methyl Hydrogenated Rosinate Market Report Segments:
The global Methyl Hydrogenated Rosinate market is segmented on the basis of:
Types
Food Grade, Industrial Grade
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
Cosmetics, Food Additives, Resinous Plasticizer, Other
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:
- Neuchem Inc.
- Eastman
- Universal Preserv-A-Chem
- Skyrun Industrial Co., Ltd.
- Neostar United Industrial Co., Ltd.
- Foreverest Resources Ltd.
- BOC Sciences
- Advanced Technology & Industrial Co., Ltd.
- Parchem Fine & Specialty Chemicals
- Neuchem Inc.
Highlights of The Methyl Hydrogenated Rosinate 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:
- Food Grade
- Industrial Grade
- By Application:
- Cosmetics
- Food Additives
- Resinous Plasticizer
- Other
- 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 Methyl Hydrogenated Rosinate 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Methyl Hydrogenated Rosinate is a type of rosin used in the production of wood-based products. It is made from rosin, hydrogen gas and methyl alcohol.
Some of the key players operating in the methyl hydrogenated rosinate market are Neuchem Inc., Eastman, Universal Preserv-A-Chem, Skyrun Industrial Co., Ltd., Neostar United Industrial Co., Ltd., Foreverest Resources Ltd., BOC Sciences, Advanced Technology & Industrial Co., Ltd., Parchem Fine & Specialty Chemicals, Neuchem Inc..
The methyl hydrogenated rosinate market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Methyl Hydrogenated Rosinate 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 Methyl Hydrogenated Rosinate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Methyl Hydrogenated Rosinate 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 Methyl Hydrogenated Rosinate 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 Methyl Hydrogenated Rosinate Market Size & Forecast, 2020-2028
4.5.1 Methyl Hydrogenated Rosinate Market Size and Y-o-Y Growth
4.5.2 Methyl Hydrogenated Rosinate Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Food Grade
5.2.2 Industrial Grade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Cosmetics
6.2.2 Food Additives
6.2.3 Resinous Plasticizer
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Methyl Hydrogenated Rosinate 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 Methyl Hydrogenated Rosinate 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Food Grade
9.6.2 Industrial Grade
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 Market Size Forecast by Applications
9.10.1 Cosmetics
9.10.2 Food Additives
9.10.3 Resinous Plasticizer
9.10.4 Other
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Food Grade
10.6.2 Industrial Grade
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 Market Size Forecast by Applications
10.10.1 Cosmetics
10.10.2 Food Additives
10.10.3 Resinous Plasticizer
10.10.4 Other
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Food Grade
11.6.2 Industrial Grade
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 Market Size Forecast by Applications
11.10.1 Cosmetics
11.10.2 Food Additives
11.10.3 Resinous Plasticizer
11.10.4 Other
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Food Grade
12.6.2 Industrial Grade
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 Market Size Forecast by Applications
12.10.1 Cosmetics
12.10.2 Food Additives
12.10.3 Resinous Plasticizer
12.10.4 Other
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Food Grade
13.6.2 Industrial Grade
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) Market Size Forecast by Applications
13.10.1 Cosmetics
13.10.2 Food Additives
13.10.3 Resinous Plasticizer
13.10.4 Other
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 Methyl Hydrogenated Rosinate Market: Competitive Dashboard
14.2 Global Methyl Hydrogenated Rosinate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Neuchem Inc.
14.3.2 Eastman
14.3.3 Universal Preserv-A-Chem
14.3.4 Skyrun Industrial Co., Ltd.
14.3.5 Neostar United Industrial Co., Ltd.
14.3.6 Foreverest Resources Ltd.
14.3.7 BOC Sciences
14.3.8 Advanced Technology & Industrial Co., Ltd.
14.3.9 Parchem Fine & Specialty Chemicals
14.3.10 Neuchem Inc.
