Petroleum resin is a kind of oligomer with molecular weight between 300-3000. Petroleum resins are produced from petroleum based feedstock aliphatic (C5), aromatic (C9), DCPD (dicyclopentadiene) or mixtures of these. After a series of process like polymerization and distillation, petroleum resins have good performance in thermos stability and chemical stability. In addition, petroleum resins can also adjust adhesiveness.
Petroleum resin has several types, which include C5 petroleum resin, C9 petroleum resin, C5/C9 petroleum resin, hydrogenated petroleum resin and others. And hydrogenated petroleum resin is the mainstream product. With the development of economy, the downstream application industries will need more petroleum resin. So, petroleum resin has a huge market potential in the future. Manufacturers engaged in the industry are trying to produce high quality petroleum resin through improving manufacturing process.
The major raw materials for petroleum resin are C5 fraction and C9 fraction, etc. Fluctuations in the price of the upstream product will impact on the production cost of petroleum resin, and then impact the price of petroleum resin.
We tend to believe this industry is a rising industry, and the consumption increasing degree will show a smooth growth curve. According to the economy development status, the price presents decreasing trend from 2011 to 2015, and that showed increasing trend in 2016. And, there is decreasing trend in gross margin.
According to this study, over the next five years the Petroleum Resin market will register a 3.7% CAGR in terms of revenue, the global market size will reach US$ 4480 million by 2024, from US$ 3610 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Petroleum Resin business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Petroleum Resin market by product type, application, key manufacturers and key regions and countries.
This study considers the Petroleum Resin value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
C5 Petroleum Resin
C9 Petroleum Resin
C5/C9 Petroleum Resin
Modified Petroleum Resin
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Paint
Rubber
Adhesive & Sealant
Printing Ink
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
ExxonMobil
Eastman
Kolon
TOTAL(Cray Valley)
ZEON
Formosan Union
Mitsui Chemicals
Arakawa Chemical
RÜTGERS Group
Resinall
Idemitsu
Neville
Shangdong Qilong
Zibo Luhua
Zhejiang Henghe
Jinlin Fuyuan
Puyang Changyu
Henan G&D
Guangdong Xinhuayue
Fuxun Huaxing
Daqing Huake
Shanghai Jinsen
Lanzhou Xinlan
Kete
Jinhai Chengguang
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Petroleum Resin consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Petroleum Resin market by identifying its various subsegments.
Focuses on the key global Petroleum Resin manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Petroleum Resin with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Petroleum Resin submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Petroleum Resin . Industry analysis & Market Report on Petroleum Resin is a syndicated market report, published as Global Petroleum Resin Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Petroleum Resin market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.