Report overview
The global Petroleum Resin market was valued at 360.98 Million USD in 2021 and will grow with a CAGR of 3.8% from 2021 to 2027, based on Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
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.
By Market Verdors:
ExxonMobil
Eastman
Kolon
TOTAL(Cray Valley)
ZEON
Formosan Union
Mitsui Chemicals
Arakawa Chemical
R?TGERS 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
By Types:
C5 Petroleum Resin
C9 Petroleum Resin
C5/C9 Petroleum Resin
Modified Petroleum Resin
By Applications:
Paint
Rubber
Adhesive & Sealant
Printing Ink
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
Key Reasons to Purchase
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Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global market.
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To understand the future outlook and prospects for the market.
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