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Gum Rosin Market Profile | SWOT Analysis and Growth | Forecast 2024

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anjali varma
Gum Rosin Market Profile | SWOT Analysis and Growth | Forecast 2024

09 Oct 2018 – This report studies Gum Rosin Market Globally with SWOT analysis, Market Share, Segmentation, Insights, Growth, Application, Trends, Production, Revenue and Consumption analysis in these regions, forecast to 2024. It is also known as “colophony” due to its range of colors from yellow to black.

The Gum Rosin Market is estimated to grow at a significant CAGR of 3.3% over the forecast period as the scope and its applications are rising enormously across the globe. Growing demand from end users like printing inks and synthetic rubber, vast growth of adhesive and synthetic rubber industries, high demand for high-grade gum rosin products, and availability of low cost labor are documented as the major factors that are estimated to enhance the growth in the years to come. However, unfavorable weather conditions may restrain the overall market growth in the years to come.

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anjali varma
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