The forest in India yields a large number of products, which play an important role in the economy of the country. Natural products may be extracted from tissues of terrestrial plants, marine organisms or microorganism fermentation broths. A crude (untreated) extract from any one of these sources typically contains novel, structurally diverse chemical compounds, which the natural environment is a rich source of. There are numerous product which is has a vital commercial applications for example gum karaya, locust bean gum, tamarind gum, rosin and rosin derivatives, turpentine and its derivatives, tall oil and its derivatives, essential oil of deodar, essential oils of cinnamon species and many more. Gum is any of a number of naturally occurring resinous materials in vegetative species. Various essential oils are also obtained from natural resources like deodar, Juniperus recurvavar, Suamata, Cinnamon species, agar wood etc.

Tall oil products find use in many product applications because of their economy and ready availability. Tall oil is more like a chemical product with a constant and dependable supply and a steady price. It has a large number of applications like; adhesives, carbon paper, cement addition agent, detergents, drawing oils, fungicides, lubricants, soaps, rubber additives, surface coating etc. Phenolic adhesives continue to be the most significant adhesives for the production of weather resistant wood products. In terms of volume of trade, revenue and employment potential, the minor forest products have surpassed the traditional major forest products viz, timber, firewood, pulp, wood etc.

Market Demand

The demand for the product in adhesives accounted for over USD 700 million in 2015 owing to increasing use of the compound as an ingredient for the manufacture of adhesives. In addition, rapid development of the adhesives industry in China and India is expected to translate into a growing demand for the compound over the forecast period.

The global gum rosin market is expected to reach USD 2.49 billion by 2024, Increasing demand of gum rosin owing to growth of synthetic rubber industry primarily in China is expected to drive the market growth.

The global market value of the adhesives was estimated to be about $45.36 Billion in 2014 and is projected to reach $59.75 Billion by 2020, growing at a CAGR of 4.72% between 2015 and 2020.

The global oleoresins market was valued at approximately USD 1.0 million in 2014 and is expected to reach approximately USD 1.65 million by 2020, growing at a CAGR of around 9% between 2015 and 2020.

See more

https://goo.gl/01VBvx

https://goo.gl/eK8rPr

Contact us:-

Niir Project Consultancy Services

106-E, Kamla Nagar, Opp. Spark Mall,

New Delhi-110007, India.

Email: [email protected], [email protected]

Tel: +91-11-23843955, 23845654, 23845886, 8800733955

Mobile: +91-9811043595

Tags

Gums, Manufacturing of Gums Ghati, Lignin, Gum Ghati Manufacturer, Strychnine, Adhesive, Minor Forest Products of Bihar, Production of Palmitic Acid, Palmitic Acid, Production of Palmitoleic Acid, Production of Brucine, Brucine, Process for Production of Brucine, Production of Strychnine, Strychnine Production, Minor Oilseeds, Minor Oil Seed Manufacturer, Minor Oil Seeds Process, Particle Board, Particle Board Manufacturing Process, Particleboard Formations, Particle Board Manufacture, Wood Polymer Composites Process, Wood Polymer Composite Production, Manufacturing of Wood Polymer Composite, Surface Coating Industry, Manufacture of Desi Katha,  Processing of Desi Katha, Manufacture of Lignin, Production of Lignin, Process of Producing Lignin, Agarwood, Oil of Agarwood, Agarwood Manufacture, Agarwood Production, Himalayan Cedarwood Oil, Cedarwood Oil Process, Paper Making Process, Gum Arabic, Manufacture of Paper, Paper Making and Paper Manufacturing Process, Paper Production, Short Oil Baking Alkyd Fusion Process, Tall Oil Products in Surface Coating, Tall Oil, Tall Oil Production and Process, Pine Oil, Processing Production of Pine Oil, Pine Oil Manufacture, Camphor, Camphor Manufacturing, Procedure of Making Camphor, Oleoresin Processing, Manufacturing of Oleoresin, Production of Oleoresin, Adhesive Gum Manufacture, Adhesive  Gum Process, Formulation and Manufacturing Process of Adhesives Gum, Production of Adhesives Gum, Salt Formation, Manufacture of Tamarind Gum, Production of Tamarind Gum, Mining Industry, Carpets Manufacturing Process, Production Process of Carpets, Carpet Production, Formulation of Gum Tragacanth, Formulation of Gum Karaya, Gum Karayas Manufacture, Formulation of Gum Arabic, Manufacturing of Gum Arabic, Arabic Gum Manufacturing, Production of Gum Arabic, Wax Emulsions Formulation, Chemical Products Manufacture, Katha Production, Process of Making Katha, Katha Manufacturing Process, How to Start Adhesive Gum Processing Industry, Paper Making Industry, Most Profitable Lignin Processing Business Ideas, Wood Polymer Composite Manufacturing Projects, Small Scale Paper Making Projects, Starting Oleoresin Processing Business, How to Start Agarwood Production Business, Arabic Gum Based Small Scale Industries Projects, New Small Scale Ideas in Minor Oil Seeds Processing Industry, NPCS, Niir, Process Technology Books, Business Consultancy, Business Consultant, Project Identification and Selection, Preparation of Project Profiles, Startup, Business Guidance, Business Guidance to Clients, Startup Project for Gums, Adhesives, Oils, Rosin & Derivatives, Resins, Oleoresins, Startup Project, Startup Ideas, Project for Startups, Startup Project Plan, Business Start-Up, Business Plan for Startup Business, Great Opportunity for Startup, Small Start-Up Business Project, Start-Up Business Plan for Adhesives Gums, Start Up India, Stand Up India, Resins Making Small Business Manufacturing, Modern Small and Cottage Scale Industries, Profitable Small and Cottage Scale Industries, Setting Up and Opening Your Oleoresin Business, How to Start Particle Board Manufacturing Process?, How to Start Successful Gum Tragacanth Business, Small Scale Commercial Desi Katha Making, Best Small and Cottage Scale Industries, Tamarind Gum Business, Profitable Small Scale Manufacturing, cutch and katha extraction