Petroleum Resin Market Report Till 2024 | Industry Forecast & Deep Analysis
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.
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.
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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
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
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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.
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