The report "Petroleum Resin Market by Type (C5, C9, Hydrogenated Hydrocarbon Resins and C5/C9 Resins), Application (Adhesive & Sealants, Printing Inks, Paints & Coatings), End-Use Industry (Building & Construction, Tire) and by Region - Global Forecast to 2021", The petroleum resin market size is estimated to grow from USD 1.78 Billion in 2016 to USD 2.58 Billion by 2021, at a CAGR of 7.7%.

Browse 147 market data Tables and 61 Figures spread through 166 Pages and in-depth TOC on "Petroleum Resin Market by Type (C5, C9, Hydrogenated Hydrocarbon Resins and C5/C9 Resins), Application (Adhesive & Sealants, Printing Inks, Paints & Coatings), End-Use Industry (Building & Construction, Tire) and by Region - Global Forecast to 2021"

https://www.marketsandmarkets.com/Market-Reports/petroleum-resins-market-123775493.html

The market is driven by the increasing need in end-use industries such as personal hygiene, tire, automotive, and building & construction. The Middle East & Africa and Latin America are estimated to witness a strong growth in the next five years. The demand across these regions is reinforced by the increasing personal hygiene market in Saudi Arabia, Brazil, and Nigeria.

Asia-Pacific: The largest market of petroleum resins

Asia-Pacific is currently the largest market for petroleum resins. China is the largest consumer of petroleum resins in this region.

The following are the favourable forces driving the market for petroleum resins in Asia-Pacific:

Major manufacturers of petroleum resins in the region
Growing commercial & industrial construction in the region
Increasing investment in automobile sector
C5 petroleum resins: The largest type segment of petroleum resin market

Petroleum resins are categorized into four major types by such as C5 petroleum resins, C9 petroleum resins, hydrogenated hydrocarbon resins, and C5/C9 petroleum resins. These are the widely used types of petroleum resins. In 2015, C5 petroleum resins accounted for the largest market share in terms of both value and volume due to easy availability and cost-effective nature.

Adhesives & sealants: The largest application segment of petroleum resin market

Petroleum resins are used in adhesives & sealants, printing inks, paints & coatings, rubber compounding, tapes & labels, and other applications. These are the main applications considered in the report. In 2015, the adhesives & sealants application segment accounted for the largest market share as compared to other applications, in terms of value and volume, due to its increasing usage in building & construction and book binding end-use industries.

The key players in the petroleum resin market are Eastman Chemical Company (U.S.), ExxonMobil Corporation (U.S.), Total CrayValley (U.S.), and Kolon Industries (South Korea), Shandong Landun Petroleum Resin Co., Ltd. (China), Puyang Tiacheng Chemical Co., Ltd. (China), and Shanghai Jinsen Hydrocarbon Resins Co., Limited (China).

This report covers the market size, in terms of value and volume, for petroleum resins and forecasts the market size till 2021. The report includes the market segmentation by types—C5 petroleum resins, C9 petroleum resins, hydrogenated hydrocarbon resins, and C5/C9 petroleum resins, by application—adhesives & sealants, printing inks, paints & coatings, rubber compounding, tapes & labels, and others, by end-use industry—building & construction, tire, personal hygiene, automotive, and others, and by region—Asia-Pacific, Europe, North America, Middle East & Africa, and Latin America. Regions are further segmented by key countries such as China, India, South Korea, Japan, Russia, Germany, France, Italy, Netherlands, U.S., Canada, Mexico, Saudi Arabia, UAE, Nigeria, Brazil, and Mexico. The report also provides company profiles and competitive strategies adopted by the major market players in the petroleum resins market.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownload.asp?id=123775493

Key Target Audience:

Manufacturers of petroleum resins
Traders, distributors, and suppliers of petroleum resins
Regional manufacturers’ associations and general petroleum resins’ associations
Government and regional agencies and research organizations
Investment research firms
On the basis of Type:

C5 Resins
C9 Resins
Hydrogenated Hydrocarbon Resins
C5/C9 Resins
On the basis of Application:

Adhesives & Sealants
Printing Inks
Paints & Coatings
Rubber Compounding
Tapes & Labels
Others
On the basis of End-Use Industry:

Building & Construction
Tire Industry
Personal Hygiene
Consumer Goods
Automotive
Others
On the basis of Region:

North America
Middle East & Africa
Latin America
Asia-Pacific
Europe
About MarketsandMarkets

MarketsandMarkets is the world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : +1-888-600-6441
Email: [email protected]