Gum and Wood Chemical Market Report: Trends, Forecast and Competitive Analysis to 2030

Gum and Wood Chemical Trends and Forecast

The future of the global gum and wood chemical market looks promising with opportunities in the commercial, industrial, and household markets. The global gum and wood chemical market is expected to reach an estimated $756.7 million by 2030 with a CAGR of 11.8% from 2024 to 2030. The major drivers for this market are rising demand for sustainable & bio-based products and increasing awareness of environmental issues & waste reduction.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Gum and Wood Chemical by Segment

The study includes a forecast for the global gum and wood chemical by product type, end use, and region.

Gum and Wood Chemical Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:

• Gum Arabic
• Guar Gum
• Wood Chemicals
• Charcoal
• Tannic Acid

Gum and Wood Chemical Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Commercial
• Industrial
• Household
• Others

Gum and Wood Chemical Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Gum and Wood Chemical Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies gum and wood chemical companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the gum and wood chemical companies profiled in this report include-

• Campfire Charcoal
• Royal Oak Enterprises
• Hickory Specialties
• Abbey Color
• Arizona Chemical
• Borregaard Ligno
• Braaistar
• Ceresking Ecology
• Deqing Yinlong Industrial
• E & C Charcoal

Gum and Wood Chemical Market Insights

Lucintel forecasts that gum Arabic is expected to witness the highest growth over the forecast period.

Within this market, commercial is expected to witness the highest growth over the forecast period.

APAC will remain the largest region over the forecast period.

Features of the Global Gum and Wood Chemical Market

Market Size Estimates: Gum and wood chemical market size estimation in terms of value ($M).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Gum and wood chemical market size by product type, end use, and region in terms of value ($M).

Regional Analysis: Gum and wood chemical market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different product types, end uses, and regions for the gum and wood chemical market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the gum and wood chemical market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the gum and wood chemical market size?

Answer: The global gum and wood chemical market is expected to reach an estimated $756.7 million by 2030.

Q2. What is the growth forecast for gum and wood chemical market?

Answer: The global gum and wood chemical market is expected to grow with a CAGR of 11.8% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the gum and wood chemical market?

Answer: The major drivers for this market are rising demand for sustainable & bio-based products and increasing awareness of environmental issues & waste reduction.

Q4. What are the major segments for gum and wood chemical market?

Answer: The future of the gum and wood chemical market looks promising with opportunities in the commercial, industrial, and household markets.

Q5. Who are the key gum and wood chemical market companies?

Answer: Some of the key gum and wood chemical companies are as follows:

• Campfire Charcoal
• Royal Oak Enterprises
• Hickory Specialties
• Abbey Color
• Arizona Chemical
• Borregaard Ligno
• Braaistar
• Ceresking Ecology
• Deqing Yinlong Industrial
• E & C Charcoal

Q6. Which gum and wood chemical market segment will be the largest in future?

Answer: Lucintel forecasts that gum Arabic is expected to witness the highest growth over the forecast period.

Q7. In gum and wood chemical market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region over the forecast period.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the gum and wood chemical market by product type (gum Arabic, guar gum, wood chemicals, charcoal, and tannic acid), end use (commercial, industrial, household, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?