Dammar gum is a natural resin obtained from the dipterocarpaceae family of trees, primarily found in Southeast Asia. It has been used for various purposes such as incense, varnish, and in traditional medicine for many years. Dammar gum has a wide range of applications in industries such as food, pharmaceuticals, cosmetics, and printing inks.
The Global Dammar Gum Market is driven by the increasing demand for natural and organic products across the world. Rising awareness regarding the health benefits of natural ingredients in food and cosmetics products is expected to boost the demand for dammar gum in these industries. Moreover, the increasing use of dammar gum in the production of printing inks, adhesives, and coatings is expected to drive the market growth.
Asia-Pacific region dominates the global dammar gum market owing to the presence of major dammar gum producing countries such as Indonesia and India. The increasing demand for natural and organic products in the region is also driving the market growth.
Some of the key players in the global dammar gum market include PT. Indesso Aroma, Alfa Aesar, and Parchem Fine & Specialty Chemicals. These companies are investing in research and development to expand their product portfolio and cater to the growing demand from various industries.
Overall, the dammar gum market is expected to grow in the coming years, driven by the increasing demand for natural and organic products and the wide range of applications in various industries.
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