Global Dammar Gum Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Source;

Shorea, Agathis, Hopea, and Other.

By Color;

White, Brown, Grey-brown, Pale Yellow, and Other.

By End Use;

Food, Incense, Varnish, Dentistry, Pharmaceutical, and Other.

By Application;

Glazing Agent, Stabilizer, Clouding Agent, Adhesion, and Other.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn876446148 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Dammar Gum Market (USD Million), 2021 - 2031

In the year 2024, the Global Dammar Gum Market was valued at USD 62.26 million. The size of this market is expected to increase to USD 81.94 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.0%.

The global dammar gum market is a significant sector within the natural resins industry, driven by the diverse applications of this resin. Dammar gum, a natural resin extracted from trees of the genus Shorea, has been traditionally used in a wide range of industries, including varnishes, lacquers, adhesives, and incense. The resin is valued for its high-quality, transparent finish and excellent durability, making it a preferred choice for manufacturing products that require glossy surfaces and resistance to environmental wear. The market for dammar gum is expected to expand as demand for natural, eco-friendly products rises across various industrial sectors.

The increasing demand for environmentally sustainable materials is one of the primary factors propelling the growth of the dammar gum market. As industries shift towards green alternatives, natural resins like dammar gum are becoming more attractive compared to synthetic options, particularly in applications such as coatings, paints, and personal care products. The rise of eco-conscious consumer preferences is also pushing companies to explore natural resins as replacements for petroleum-based materials, further supporting the market’s growth. Additionally, the pharmaceutical and food industries have started utilizing dammar gum for its beneficial properties, including its use as a stabilizer and thickener in certain formulations.

Regionally, the dammar gum market is largely driven by Asia-Pacific, particularly in countries such as India and Indonesia, which are among the largest producers and exporters of this resin. These regions benefit from abundant natural resources and well-established trade networks, positioning them as key players in the global market. North America and Europe also show steady demand for dammar gum, driven by its applications in specialty products and its association with sustainable manufacturing practices. The outlook for the global dammar gum market from 2020 to 2030 appears positive, with growing industrial applications and a shift toward renewable materials contributing to its expansion.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Source
    2. Market Snapshot, By Color
    3. Market Snapshot, By End Use
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Global Dammar Gum Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising demand in adhesives and coatings
        2. Growth in cosmetics and personal care
        3. Increasing applications in food and beverages
      2. Restraints
        1. Limited availability and high cost
        2. Environmental concerns over harvesting practices
        3. Competition from synthetic resins
      3. Opportunities
        1. Expansion in emerging markets
        2. Development of eco-friendly dammar gum alternatives
        3. Rising popularity in traditional medicine and wellness products
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Dammar Gum Market, By Source, 2021 - 2031 (USD Million)
      1. Shorea
      2. Agathis
      3. Hopea
      4. Others
    2. Global Dammar Gum Market, By Color, 2021 - 2031 (USD Million)
      1. White
      2. Brown
      3. Grey-brown
      4. Pale yellow
      5. Others
    3. Global Dammar Gum Market, By End Use, 2021 - 2031 (USD Million)
      1. Food
      2. Incense
      3. Varnish
      4. Dentistry
      5. Pharmaceutical
      6. Other
    4. Global Dammar Gum Market, By Application, 2021 - 2031 (USD Million)
      1. Glazing agent
      2. Stabilizer
      3. Clouding Agent
      4. Adhesion
      5. Other
    5. Global Dammar Gum Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Bandish Enterprises
      2. Nexira Inc
      3. Starlight
      4. William Bernstein Company
      5. P.T. Samiraschem Indonesia
  7. Analyst Views
  8. Future Outlook of the Market