Global Indene Market Growth 2023-2029

Global Indene Market Growth 2023-2029

Indene (CAS 95-13-6) is a flammable polycyclic hydrocarbon with chemical formula C9H8. It is composed of a benzene ring fused with a cyclopentene ring. This aromatic liquid is colorless although samples often are pale yellow. The principal industrial use of indene is in the production of indene/coumarone thermoplastic resins.

Indene can come from deep processing of coal tar or from C9 fraction. According to QYR research, most of the Indene comes from the C9 fraction, but most of the Indene is further processed into resins because selling Indene directly is very cumbersome and has a small profit. Therefore, Indene rarely appears on the market, but this market does exist.

LPI (LP Information)' newest research report, the “Indene Industry Forecast” looks at past sales and reviews total world Indene sales in 2022, providing a comprehensive analysis by region and market sector of projected Indene sales for 2023 through 2029. With Indene sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Indene industry.

This Insight Report provides a comprehensive analysis of the global Indene landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Indene portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Indene market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Indene and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Indene.

The global Indene market size is projected to grow from US$ 257.3 million in 2022 to US$ 321.1 million in 2029; it is expected to grow at a CAGR of 321.1 from 2023 to 2029.

Global Indene (CAS 95-13-6) key players include Eastman, Shandong Kete Chemical, Guangdong Xinhuayue Petrochemical, Neville Chemical, etc. Global top four manufacturers hold a share over 20%.

Japan is the largest market, with a share over 15%, followed by Europe, and USA, both have a share about 30 percent.

In terms of product, 65%-75% Indene is the largest segment, with a share over 95%. And in terms of application, the largest application is Coumarone Indene Resin, followed by Styrene Indene Resin.

This report presents a comprehensive overview, market shares, and growth opportunities of Indene market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
65%-75%
≥95%
Others

Segmentation by application
Coumarone Indene Resin
Styrene Indene Resin
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Eastman
Shandong Kete Chemical
Guangdong Xinhuayue Petrochemical
Neville Chemical
RÜTGERS Group
Daqing Huake
Shandong Qilong Chemical
Cray Valley
Kolon
Zibo Luhua Hongjin New Material
JFE Chemical Corporation
Shandong Aoertong Chemical

Key Questions Addressed in this Report

What is the 10-year outlook for the global Indene market?

What factors are driving Indene market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Indene market opportunities vary by end market size?

How does Indene break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.