In 2023, the market for Rosin and Resin Acids and Derivatives, Rosin Spirit and Oils, Run Gums in Germany stood at XX million kilograms. From 2024, a continual decline is forecast, with volumes shrinking from 50.79 million kg in 2024 to 36.764 million kg in 2028. Year-on-year, this represents decreases of approximately 7% to 9%, with a projected 5-year CAGR of about -7.9%, indicating a significant contraction in market volume.
Future trends to watch for:
- Innovations in synthetic alternatives potentially substituting natural resins applications.
- Environmental regulations impacting production and usage patterns.
- Potential resurgence in demand driven by emerging applications or global trade dynamics.