CATEGORY

Gum turpentine

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Gum turpentine Market Monitoring Dashboard

Supply Demand

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Gum turpentine Industry Benchmarks

Savings Achieved

(in %)

The average annual savings achieved in Gum turpentine category is 5.30%

Payment Terms

(in days)

The industry average payment terms in Gum turpentine category for the current quarter is 75.6 days

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SLAs/KPIs

Lead Time

Supplier Diversity

Targeted Savings

Risk Mitigation

Financial Risk

Sanctions

AMEs

Geopolitical Risk

Cost Optimization

Price per Unit Competitiveness

Specification Leanness

Minimum Order Quality

Payment Terms

Inventory Control

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    Gum turpentine Suppliers

    230
    Total Suppliers
    14
    Diverse Suppliers
    67
    Normalized Supplier Rating
    Gum turpentine Supplier

    Find the right-fit gum turpentine supplier for your specific business needs and filter by location, industry, category, revenue, certifications, and more on Beroe LiVE.Ai™.

    Sample Supplier
    Company
    CARGILL INCORPORATED
    Location
    Jackson, Mississipi
    Duns number
    3862211
    D&B SER Rating
    dnb logo

    Up to 3 months

    1 9
    5
    Low Risk High Risk

    The Supplier Evaluation Risk (SER) Rating is Dun & Bradstreet’s proprietary scoring system used to assess the probability that a business will seek relief from creditors or cease operations within the next 12 months. SER ratings range from 1 to 9, with 9 indicating the highest risk of failure. We’ve prepared an infographic to help business owners better understand what influences their SER Rating.

    Moody`s ESG Solution
    ESG Profile
    Company and Sector Performance
    29
    100
    Weak (1)
    ESG Perfomance (/100)
    Environment
    38
    Social
    28
    Governance
    19
    6 Domains Performance (/100)
    Business behaviour
    38
    Human rights
    24
    Community Environment
    26
    Corporate governance
    9
    Human resources
    21
    Security Scorecard
    82
    Threat indicators
    B
    88
    Network Security
    Detecting insecure network settings
    A
    100
    Hacker Chatter
    Monitoring hacker sites for chatter about your company
    C
    77
    DNS Health
    Detecting DNS insecure configuration and vulnerabilities
    C
    75
    Application Security
    Detecting common website application vulnerbilities
    C
    74
    Endpoint Security
    Detecting unprotected enpoints or entry points of user tools, such as desktops, laptops mobile devices, and virtual desktops
    A
    97
    Cubic Score
    Proprietary algorithms checking for implementation of common security best practices
    A
    93
    Patching Cadence
    Out of date company assets which may contain vulnerabilities of risk
    A
    100
    Social Engineering
    Measuring company awareness to a social engineering or phising attack
    A
    95
    IP Reputation
    Detecting suspecious activity, such as malware or spam, within your company network
    A
    100
    Information Leak
    Potentially confidential company information which may have been inadvertently leaked
    Industry Comparison
    cargill.com
    Industry average
    Adverse Media Appearances
    Environmental Issues
    23
    Workforce Health Safety Issues
    0
    Product Service Issues
    14
    Human Rights Issues
    23
    Production Supply Chain Issues
    8
    Environmental Non Compliance Flags
    45
    Corruption Issues
    0
    Regulatory Non Compliance Flags
    25
    Fraud Issues
    5
    Labor Health Safety Flags
    48
    Regulatory Issues
    20
    Workforce Disputes
    6
    Sanctions
    0
    esg energy transition
    47
    Discrimination Workforce Rights Issues
    19
    esg controversies critical severity
    Yes

    Gum turpentine market report transcript

    Gum Turpentine Global Market Outlook:

    Market Size (2019): $29.5 billion (expected to grow at a CAGR of 6–7 percent from 2019 to 2022)

    Cost Drivers: Turpentine, raw material cost (43 percent)

    Key Market Drivers (2019):
    • Rapidly rising income and increased per capita spending on personal grooming
    • Rising demand for natural fragrances, due to health impact

    Key Market Constraints (2019):
    • High initial and R&D costs in the Flavors & Fragrance (F&F) business
    • Weather fluctuations
    • Labor shortage

    Porter's Analysis on Gum Turpentine

    Supplier Power

    • Suppliers to fragrance houses have low power, as this industry is fragmented
    • Increase in regulation cost, coupled with erratic supplies of natural ingredients, involves a huge cost in mechanizing and accumulating inventory, which will eventually reduce the profit margins of fragrance houses

    Barriers to New Entrants

    • Technical capabilities and access to raw materials are the key risks for new entrants in the fragrance industry
    • Complying several government regulations on safety and sustainability also prevent new entrants to sustain in the market in the long term

    Intensity of Rivalry

    • The fragrance industry is highly consolidated with the top 10 fragrance houses, which hold around 80 percent of the total supply
    • High competition, coupled with maturing markets, is intensifying the rivalry
    • Suppliers are attempting to achieve competitive advantage through technological innovation

    Threat of Substitutes

    • Switching cost will be high, as most fragrances are formulae patented by FMCG clients
    • As the personal care fragrance industry is highly dominated by synthetic ingredients, threat of substitution from natural products is low

    Buyer Power

    • Consumer companies have to completely depend on unique fragrances manufactured by fragrance houses
    • Quality and sustained supplies remain the key factors, which reduces switching among suppliers