Global C Resin Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Global C Resin Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

According to our (Global Info Research) latest study, the global C Resin market size was valued at USD 3223.7 million in 2022 and is forecast to a readjusted size of USD 5467 million by 2029 with a CAGR of 7.8% during review period.

C Resin (Hydrocarbon Resin or Petroleum Resin) is a C5/C9 aromatic hydrocarbon used in industrial applications. It has a tackifying effect and is suitable for use in paint, printing ink, adhesives, rubber and other areas where tackiness is required.

It is a kind of thermal plasticizing hydrocarbon resin produced by C5, C9 fraction, by-products of petroleum cracking, through pretreatment, polymerization and distillation. It is not a high polymer but a low polymer with the molecular weight between 300-3000. Featured by acid value, easy mutual solubilities, resistant to water, resistant to ethanol and chemicals. It has the chemical stabilizing property to acid and alkaline, viscosity adjusting and thermal stabilizing, Generally, the petroleum resins are not used independently, but have to be used together with other kinds of resins as promoters, adjusting agents and modifiers in hot-melt adhesive, pressure-sensitive adhesive, hot melt road marking paint, rubber tires and so on.

Global key players of C Resin include ExxonMobil Chemical and Synthomer, etc. The top two players hold a share over 25%. Asia-Pacific is the largest market, has a share about 55%. In terms of product type, C5 Hydrocarbon Resin is the largest segment, occupied for a share of about 40%, and in terms of application, Adhesive & Sealant has a share about 42 percent.

The Global Info Research report includes an overview of the development of the C Resin industry chain, the market status of Adhesive & Sealant (C5 Hydrocarbon Resin, C9 Hydrocarbon Resin), Paint (C5 Hydrocarbon Resin, C9 Hydrocarbon Resin), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of C Resin.

Regionally, the report analyzes the C Resin markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global C Resin market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the C Resin market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the C Resin industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K MT), revenue generated, and market share of different by Type (e.g., C5 Hydrocarbon Resin, C9 Hydrocarbon Resin).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the C Resin market.

Regional Analysis: The report involves examining the C Resin market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the C Resin market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to C Resin:

Company Analysis: Report covers individual C Resin manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards C Resin This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Adhesive & Sealant, Paint).

Technology Analysis: Report covers specific technologies relevant to C Resin. It assesses the current state, advancements, and potential future developments in C Resin areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the C Resin market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

C Resin market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
C5 Hydrocarbon Resin
C9 Hydrocarbon Resin
C5/C9 Copolymer Resin
Hydrogenated Hydrocarbon Resin
Others

Market segment by Application
Adhesive & Sealant
Paint
Rubber
Printing Ink
Others

Major players covered
ExxonMobil Chemical
Zeon Corporation
Kolon Industries
Rain Carbon
Arakawa Chemical
Resin Solutions, LLC
ENEOS
Mitsui Chemicals
Synthomer
Tosoh
Idemitsu Formosa Specialty Chemicals
Formosan Union
Resinall
Neville Chemical
Shangdong Qilong
Zibo Luhua
Henghe Materials
Guangdong Xinhuayue
Fushun Huaxing
Daqing Huake
Kete Chemical
Jinhai Chengguang
Zhejiang Derong Chemical
Puyang Ruisen Petroleum Resins
Ecisco New Material
Shandong Landun Resin
Shandong Yuhuang Chemical
Tongxin New Material
Binder Chemical
Chengdu Longwin

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe C Resin product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of C Resin, with price, sales, revenue and global market share of C Resin from 2018 to 2023.

Chapter 3, the C Resin competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the C Resin breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and C Resin market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of C Resin.

Chapter 14 and 15, to describe C Resin sales channel, distributors, customers, research findings and conclusion.