Global C5 Resin Market 2024-2028
The C5 resin market is forecasted to grow by USD 838.2 mn during 2023-2028, accelerating at a CAGR of 3.44% during the forecast period. The report on the C5 resin market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in demand from building and construction industry, increasing demand for adhesives and sealants from packaging industry, and increasing demand for sustainable C5 resins.
Technavio's C5 resin market is segmented as below:
By Application
- Paintings and coatings
- Adhesives and sealants
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the high demand from automotive industry as one of the prime reasons driving the C5 resin market growth during the next few years. Also, increase in research and development activities and demand from emerging economies will lead to sizable demand in the market.
The report on the C5 resin market covers the following areas:
- C5 resin market sizing
- C5 resin market forecast
- C5 resin market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading C5 resin market vendors that include Arakawa Chemical Industries Co. Ltd., DuPont de Nemours Inc., Eastman Chemical Co., Exxon Mobil Corp., Henan Anglxxon Chemical Products Co. Ltd., Kolon Industries Inc., Lesco Chemical Ltd., Neville Chemical Co., Puyang Changyu Petroleum Resins Co. Ltd., Puyang Tiancheng Chemical Co. Ltd., Qingdao Bater Chemical Co. Ltd., Qingdao Higree Chemical Co. Ltd., Qingdao Reehua Yuanhai Biotech Co. Ltd., Ruisen Petroleum Resin Co. Ltd., Seacon Corp., Shanghai Jinsen Hydrocarbon Resins Co. Ltd., Sojitz Corp., TotalEnergies SE, Zeon Corp., and Zibo Luhua Hongjin New Material Group Co. Ltd.. Also, the C5 resin market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.