Pre-order Enquiry
Request Free Sample
Healthcare
Aerospace & Defence
Agriculture
Automations
Chemicals & Advanced Materials
Food & Beverages
Information & Communication Technology
Oil & Gas
Power & Energy
C Resin (Hydrocarbon Resin or Petroleum Resin) is a C5/C9 aromatic hydrocarbon used in industrial applications. It has a tackifying effect and is suitable for use in paint, printing ink, adhesives, rubber and other areas where tackiness is required.
It is a kind of thermal plasticizing hydrocarbon resin produced by C5, C9 fraction, by-products of petroleum cracking, through pretreatment, polymerization and distillation. It is not a high polymer but a low polymer with the molecular weight between 300-3000. Featured by acid value, easy mutual solubilities, resistant to water, resistant to ethanol and chemicals. It has the chemical stabilizing property to acid and alkaline, viscosity adjusting and thermal stabilizing, Generally, the petroleum resins are not used independently, but have to be used together with other kinds of resins as promoters, adjusting agents and modifiers in hot-melt adhesive, pressure-sensitive adhesive, hot melt road marking paint, rubber tires and so on.
Currently, there are many players ExxonMobil, Eastman, Kolon Industries, Zeon Corporation and Cray Valley (Total), etc. ExxonMobil, Eastman are playing important roles in the C Resin industry. The market is relatively fragmented globally.
In the Consumption market, C Resin in China takes about 52% market share, which is the biggest consumption area in the current market pattern. The USA ranks second place consumption area, with sales and market share nearly 15%.
In terms of product, C5 Hydrocarbon Resin is the largest segment, with a share over 35%. And according to the application, the largest application is Adhesive & Sealant, followed by Paint, Rubber, etc.
Market Analysis and Insights: Global C Resin Market
The global C Resin market was valued at US$ 2558 million in 2020 and it is expected to reach US$ 3880.3 million by the end of 2027, growing at a CAGR of 6.1% during 2021-2027.
Global C Resin Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global C Resin Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
C9 Hydrocarbon Resin
C5 Hydrocarbon Resin
C5/C9 Copolymer Resin
Hydrogenated Hydrocarbon Resin
Others
Segment by Application
Adhesive & Sealant
Paint
Rubber
Printing Ink
Others
By Company
ExxonMobil
Eastman
Kolon Industries
Cray Valley (Total)
Rain Carbon
Arakawa Chemical
Mitsui Chemicals
Zeon Corporation
Tosoh
Idemitsu Kosan
Formosan Union
Resinall
Neville
Shangdong Qilong
Zibo Luhua
Henghe Materials
Guangdong Xinhuayue
Fushun Huaxing
Daqing Huake
Kete Chemical
Jinhai Chengguang
Zhejiang Derong Chemical
Yuangang Chemical
Puyang Ruisen Petroleum Resins
Ecisco New Material
Shandong Landun Resin
Shandong Yuhuang Chemical
Tongxin New Material
Binder Chemical
Zibo Kaixin
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
It is a kind of thermal plasticizing hydrocarbon resin produced by C5, C9 fraction, by-products of petroleum cracking, through pretreatment, polymerization and distillation. It is not a high polymer but a low polymer with the molecular weight between 300-3000. Featured by acid value, easy mutual solubilities, resistant to water, resistant to ethanol and chemicals. It has the chemical stabilizing property to acid and alkaline, viscosity adjusting and thermal stabilizing, Generally, the petroleum resins are not used independently, but have to be used together with other kinds of resins as promoters, adjusting agents and modifiers in hot-melt adhesive, pressure-sensitive adhesive, hot melt road marking paint, rubber tires and so on.
Currently, there are many players ExxonMobil, Eastman, Kolon Industries, Zeon Corporation and Cray Valley (Total), etc. ExxonMobil, Eastman are playing important roles in the C Resin industry. The market is relatively fragmented globally.
In the Consumption market, C Resin in China takes about 52% market share, which is the biggest consumption area in the current market pattern. The USA ranks second place consumption area, with sales and market share nearly 15%.
In terms of product, C5 Hydrocarbon Resin is the largest segment, with a share over 35%. And according to the application, the largest application is Adhesive & Sealant, followed by Paint, Rubber, etc.
Market Analysis and Insights: Global C Resin Market
The global C Resin market was valued at US$ 2558 million in 2020 and it is expected to reach US$ 3880.3 million by the end of 2027, growing at a CAGR of 6.1% during 2021-2027.
Global C Resin Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global C Resin Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
C9 Hydrocarbon Resin
C5 Hydrocarbon Resin
C5/C9 Copolymer Resin
Hydrogenated Hydrocarbon Resin
Others
Segment by Application
Adhesive & Sealant
Paint
Rubber
Printing Ink
Others
By Company
ExxonMobil
Eastman
Kolon Industries
Cray Valley (Total)
Rain Carbon
Arakawa Chemical
Mitsui Chemicals
Zeon Corporation
Tosoh
Idemitsu Kosan
Formosan Union
Resinall
Neville
Shangdong Qilong
Zibo Luhua
Henghe Materials
Guangdong Xinhuayue
Fushun Huaxing
Daqing Huake
Kete Chemical
Jinhai Chengguang
Zhejiang Derong Chemical
Yuangang Chemical
Puyang Ruisen Petroleum Resins
Ecisco New Material
Shandong Landun Resin
Shandong Yuhuang Chemical
Tongxin New Material
Binder Chemical
Zibo Kaixin
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
