| Product Code: ETC4790031 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2023, Gabon continued to heavily rely on imports of terpene resins, with top exporters being France and Areas, nes. Despite the high Herfindahl-Hirschman Index (HHI) indicating a concentrated market, the compound annual growth rate (CAGR) remained strong at 27.28%. However, there was a noticeable decline in growth rate at -28.49%, suggesting potential shifts in the market dynamics. It will be interesting to monitor how these trends evolve and impact the terpene resins import market in Gabon moving forward.
The terpene resins market in Gabon is growing due to their widespread use in adhesives, coatings, and inks. Derived from plant sources, terpene resins are valued for their eco-friendly properties and versatility. As global trends lean toward sustainability, industries in Gabon are increasingly adopting bio-based and natural resins as alternatives to synthetic options. With the rise in demand for eco-friendly products, particularly in packaging and adhesives, the terpene resins market in Gabon is expected to see substantial growth, especially as more companies prioritize sustainable materials in their production processes.
The terpene resins market in Gabon is influenced by the growing demand for natural and renewable materials in industries such as adhesives, coatings, and printing. Terpene resins, derived from pine trees and other natural sources, align with the global and regional shift toward sustainability. The packaging and construction industries in Gabon, which require environmentally friendly and high-performance materials, significantly drive the demand for terpene resins. Furthermore, their versatility and compatibility with other materials make them valuable across various industrial applications.
In Gabon, the terpene resins market faces challenges related to the availability of raw materials and price volatility. Terpene resins are derived from natural sources like pine trees, and their availability can be inconsistent due to environmental factors such as climate change and deforestation concerns. Furthermore, the price of raw materials used in terpene resin production can fluctuate, leading to supply chain uncertainties and affecting the pricing structure. Manufacturers in Gabon must also contend with competition from synthetic alternatives, which are often less expensive and more readily available.
The terpene resins market in Gabon is influenced by the countrys efforts to develop its forest and natural resource sectors. Gabon has policies focused on sustainable forestry and the use of bio-based materials, which support the growth of markets like terpene resins. Regulations on reducing environmental impacts from industrial activities encourage the use of eco-friendly resins in applications like adhesives, coatings, and printing inks, aligning with the country`s broader goals for sustainable resource management.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Gabon Terpene resins Market Overview |
3.1 Gabon Country Macro Economic Indicators |
3.2 Gabon Terpene resins Market Revenues & Volume, 2021 & 2031F |
3.3 Gabon Terpene resins Market - Industry Life Cycle |
3.4 Gabon Terpene resins Market - Porter's Five Forces |
3.5 Gabon Terpene resins Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Gabon Terpene resins Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Gabon Terpene resins Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Gabon Terpene resins Market Trends |
6 Gabon Terpene resins Market Segmentations |
6.1 Gabon Terpene resins Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Gabon Terpene resins Market Revenues & Volume, By Liquid, 2021-2031F |
6.1.3 Gabon Terpene resins Market Revenues & Volume, By Solid, 2021-2031F |
6.2 Gabon Terpene resins Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Gabon Terpene resins Market Revenues & Volume, By Adhesives &Sealants, 2021-2031F |
6.2.3 Gabon Terpene resins Market Revenues & Volume, By Inks & Coatings, 2021-2031F |
6.2.4 Gabon Terpene resins Market Revenues & Volume, By Plastic & Rubber Coating, 2021-2031F |
6.2.5 Gabon Terpene resins Market Revenues & Volume, By Pulp & Paper, 2021-2031F |
6.2.6 Gabon Terpene resins Market Revenues & Volume, By Leather Processing, 2021-2031F |
6.2.7 Gabon Terpene resins Market Revenues & Volume, By Others, 2021-2031F |
7 Gabon Terpene resins Market Import-Export Trade Statistics |
7.1 Gabon Terpene resins Market Export to Major Countries |
7.2 Gabon Terpene resins Market Imports from Major Countries |
8 Gabon Terpene resins Market Key Performance Indicators |
9 Gabon Terpene resins Market - Opportunity Assessment |
9.1 Gabon Terpene resins Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Gabon Terpene resins Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Gabon Terpene resins Market - Competitive Landscape |
10.1 Gabon Terpene resins Market Revenue Share, By Companies, 2024 |
10.2 Gabon Terpene resins Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |