According to the latest research, the demand for Ester Gums is anticipated to grow with a compelling growth rate of about 6.0% to 8.0% in between the coming assessment period of 2021-2031. Ester gums used in many applications like food, beverages, cosmetics, paints, inks and many others.
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Ester Gums, also known as Glycerol Esters of Wood Rosin, is used in chewing gum and ice cream as a thickening agent and emulsification stabiliser. Fruit and citrus flavoured sodas, lemonades, chewing gum, fruit coatings, and confectionery inks all contain the glycerol ester of wood rosin.
What is Driving Demand for Ester Gums?
Ester gum is an important additive in the food and beverage industry, and there is a growing need for it all over the world. The need for ester is ultimately driven by demand from fruit and energy drinks.
Another factor to drive the market growth is rising demand for ester gums from the food and beverage industries around the world. Furthermore, the increasing use of different types of ester gums as an emulsifier and stabilisers in different beverages such as energy drinks and also in end –use industries like paints and coatings, inks is a factor that is expected to fuel market growth in the near future.
Growth of Paints & Inks industry and Food & Beverage Industry Boost the Market and Increasing demand of Ester Gums.
One of the important segments for using the ester gums is in the field of paints & inks. Ester gums are a resin modification that can be utilised in adhesives, modifiers, and protective coatings where little odour is required.
Glycerol Esters of Wood Ester Gum Rosin is an emulsifier that thickens foods like chewing gum and ice cream. Ester gum is an odourless, yellow resin with homogeneous flakes that is utilised as a clouding agent in the beverage industry for aromatized, non-alcoholic beverages, as well as a raw material for chewing gum production.
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APAC Market Outlook Demand
One of the largest markets for ester gum is Asia-Pacific, with China accounting for the majority of regional sales. During the projected period, the region is also expected to have a strong growth rate.
The demand is being boosted by an increase in demand from several end-user industries, particularly the Paints, Inks, and Coatings and Cosmetics Markets. Chewing gum, beverages, as well as cosmetics and personal care goods, are in high demand in China.
With expansion into second and third-tier markets, China’s domestic cosmetics and personal care business has also showed an upward trend.
Who are the Key Manufacturers and Suppliers of Ester Gums?
Some of the leading manufacturers and suppliers include
- Jubilant
- Arakawa Chemical Industries ltd
- Foreverest Resources
- Mangalam Organics Limited
- Eastman Chemical Company.
- PT. INDOPICRI.
- Foshan Baolin Chemical Industry Co.Ltd.
- DRT
- Shree Resins and many others.
By Segments
By Type:
- Glycerol Esters of Wood Rosin (GEWR)
- Glycerol Esters of Gum Rosin (GEGR)
- Polymerized Rosins of Glycerol Esters(PRGE)
- Penta Ester Gum
- Others
By Application:
- Paints & Coatings
- Food & Beverage
- Chewing Gum
- Cosmetics
- Adhesives
By Region:
- North America
- US
- Canada
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