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Petroleum Resins Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global petroleum resins market exhibited stable growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 4% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Petroleum resins are low molecular weighted thermoplastic hydrocarbons that are derived from cracked petroleum fractions. They are produced by polymerizing mixtures of unsaturated monomers such as olefins, diolefins, and aromatic vinyl compounds, which are the by-products of cracking natural gas liquids, gas oil, and petroleum naphtha. Petroleum resins can be found in the form of powder, flakes, solid blocs, solutions, beads, crushed nuggets, and dispersion. They find application in paints and varnishes, coatings, paper, adhesives, concrete-curing compounds, rubber, printing inks, and lithographic inks.

Petroleum Resins Market Trends:

The global petroleum resins market is primarily driven by their growing demand for manufacturing paints, sealants, personal hygiene products, tire, automotive, packaging tapes, and building and construction materials. Petroleum resins offer improved adhesive bond strength and resistance to acids, alkalis and water. In addition to this, they are also employed due to their exceptional thermal stability, peeling strength, tack ability, and high softening point. Governments worldwide are adopting stringent regulations regarding volatile organic compound (VOCs) emissions from vehicle coatings, which, in turn, is facilitating the demand for petroleum resins with low VOCs. In countries such as the United States, India, Germany, and China, governments are increasing their spending in the packaging sector, which is also propelling the market growth. They are also imposing policies and measures to augment the production of vehicles, which is increasing the demand for petroleum resins. Furthermore, the development of advanced process technologies to increase the output of resins is positively impacting the growth of the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global petroleum resins market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on product, application and end use.

Breakup by Product:

  • C5 Resins
  • C9 Resins
  • C5/C9 Resins
  • Hydrogenated Resins
     

Breakup by Application:

  • Paints
  • Adhesives
  • Printing Inks
  • Rubber and Tires
  • Tapes and Labels
  • Others
     

Breakup by End Use:

  • Automotive
  • Construction
  • Packaging
  • Consumer Goods
  • Personal Hygiene
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Arakawa Chemical Industries Ltd., Eastman Chemical Company, Exxon Mobil Corporation, Henan Anglxxon Chemical Co. Ltd, Idemitsu Kosan, KOLON Industries Inc., Lesco Chemical Limited, Neville Chemical Company, Puyang Changyu Petroleum Resins Co. Ltd., Seacon Corporation, Total SE and Zeon Corporation.

Report Coverage:

Report Features Details
Base Year of the Analysis 2020
Historical Period 2015-2020
Forecast Period 2021-2026
Units US$ Billion
Segment Coverage Product, Application, End Use, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Arakawa Chemical Industries Ltd., Eastman Chemical Company, Exxon Mobil Corporation, Henan Anglxxon Chemical Co. Ltd, Idemitsu Kosan, KOLON Industries Inc., Lesco Chemical Limited, Neville Chemical Company, Puyang Changyu Petroleum Resins Co. Ltd., Seacon Corporation, Total SE and Zeon Corporation
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global petroleum resins market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global petroleum resins market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the end use?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global petroleum resins market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Petroleum Resins Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Product
    6.1    C5 resins
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    C9 resins
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    C5/C9 resins
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Hydrogenated resins
        6.4.1 Market Trends
        6.4.2 Market Forecast
7    Market Breakup by Application
    7.1    Paints
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Adhesives
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Printing inks
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Rubber and tires
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Tapes and labels
        7.5.1 Market Trends
        7.5.2 Market Forecast
    7.6    Others
        7.6.1 Market Trends
        7.6.2 Market Forecast
8    Market Breakup by End Use
    8.1    Automotive
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Construction
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Packaging
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Consumer goods
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Personal hygiene
        8.5.1 Market Trends
        8.5.2 Market Forecast
    8.6    Others
        8.6.1 Market Trends
        8.6.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Arakawa Chemical Industries Ltd.
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
           14.3.1.3 Financials
        14.3.2    Eastman Chemical Company
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
           14.3.2.3 Financials
           14.3.2.4 SWOT Analysis
        14.3.3    Exxon Mobil Corporation
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
           14.3.3.3 Financials
           14.3.3.4 SWOT Analysis
        14.3.4    Henan Anglxxon Chemical Co. Ltd
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
        14.3.5    Idemitsu Kosan
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
           14.3.5.3 Financials
           14.3.5.4 SWOT Analysis
        14.3.6    KOLON Industries Inc.
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
           14.3.6.3 Financials
           14.3.6.4 SWOT Analysis
        14.3.7    Lesco Chemical Limited
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
        14.3.8    Neville Chemical Company
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
        14.3.9    Puyang Changyu Petroleum Resins Co. Ltd.
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
        14.3.10    Seacon Corporation
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
        14.3.11    Total SE
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
           14.3.11.3 Financials
           14.3.11.4 SWOT Analysis
        14.3.12    Zeon Corporation
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio
           14.3.12.3 Financials

List of Figures

Figure 1: Global: Petroleum Resins Market: Major Drivers and Challenges
Figure 2: Global: Petroleum Resins Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Petroleum Resins Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: Petroleum Resins Market: Breakup by Product (in %), 2020
Figure 5: Global: Petroleum Resins Market: Breakup by Application (in %), 2020
Figure 6: Global: Petroleum Resins Market: Breakup by End Use (in %), 2020
Figure 7: Global: Petroleum Resins Market: Breakup by Region (in %), 2020
Figure 8: Global: Petroleum Resins (C5 resins) Market: Sales Value (in Million US$), 2015 & 2020
Figure 9: Global: Petroleum Resins (C5 resins) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 10: Global: Petroleum Resins (C9 resins) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Global: Petroleum Resins (C9 resins) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Global: Petroleum Resins (C5/C9 resins) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: Petroleum Resins (C5/C9 resins) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: Petroleum Resins (Hydrogenated resins) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: Petroleum Resins (Hydrogenated resins) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: Petroleum Resins (Paints) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: Petroleum Resins (Paints) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: Petroleum Resins (Adhesives) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: Petroleum Resins (Adhesives) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: Petroleum Resins (Printing inks) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Global: Petroleum Resins (Printing inks) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Global: Petroleum Resins (Rubber and tires) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Global: Petroleum Resins (Rubber and tires) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: Global: Petroleum Resins (Tapes and labels) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: Global: Petroleum Resins (Tapes and labels) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: Global: Petroleum Resins (Other Applications) Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: Global: Petroleum Resins (Other Applications) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: Global: Petroleum Resins (Automotive) Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: Global: Petroleum Resins (Automotive) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: Global: Petroleum Resins (Construction) Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: Global: Petroleum Resins (Construction) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: Global: Petroleum Resins (Packaging) Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: Global: Petroleum Resins (Packaging) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: Global: Petroleum Resins (Consumer goods) Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: Global: Petroleum Resins (Consumer goods) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: Global: Petroleum Resins (Personal hygiene) Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: Global: Petroleum Resins (Personal hygiene) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: Global: Petroleum Resins (Other End Uses) Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: Global: Petroleum Resins (Other End Uses) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 40: North America: Petroleum Resins Market: Sales Value (in Million US$), 2015 & 2020
Figure 41: North America: Petroleum Resins Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: United States: Petroleum Resins Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: United States: Petroleum Resins Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 44: Canada: Petroleum Resins Market: Sales Value (in Million US$), 2015 & 2020
Figure 45: Canada: Petroleum Resins Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 46: Asia-Pacific: Petroleum Resins Market: Sales Value (in Million US$), 2015 & 2020
Figure 47: Asia-Pacific: Petroleum Resins Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 48: China: Petroleum Resins Market: Sales Value (in Million US$), 2015 & 2020
Figure 49: China: Petroleum Resins Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 50: Japan: Petroleum Resins Market: Sales Value (in Million US$), 2015 & 2020
Figure 51: Japan: Petroleum Resins Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 52: India: Petroleum Resins Market: Sales Value (in Million US$), 2015 & 2020
Figure 53: India: Petroleum Resins Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 54: South Korea: Petroleum Resins Market: Sales Value (in Million US$), 2015 & 2020
Figure 55: South Korea: Petroleum Resins Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 56: Australia: Petroleum Resins Market: Sales Value (in Million US$), 2015 & 2020
Figure 57: Australia: Petroleum Resins Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 58: Indonesia: Petroleum Resins Market: Sales Value (in Million US$), 2015 & 2020
Figure 59: Indonesia: Petroleum Resins Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 60: Others: Petroleum Resins Market: Sales Value (in Million US$), 2015 & 2020
Figure 61: Others: Petroleum Resins Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 62: Europe: Petroleum Resins Market: Sales Value (in Million US$), 2015 & 2020
Figure 63: Europe: Petroleum Resins Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 64: Germany: Petroleum Resins Market: Sales Value (in Million US$), 2015 & 2020
Figure 65: Germany: Petroleum Resins Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 66: France: Petroleum Resins Market: Sales Value (in Million US$), 2015 & 2020
Figure 67: France: Petroleum Resins Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 68: United Kingdom: Petroleum Resins Market: Sales Value (in Million US$), 2015 & 2020
Figure 69: United Kingdom: Petroleum Resins Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 70: Italy: Petroleum Resins Market: Sales Value (in Million US$), 2015 & 2020
Figure 71: Italy: Petroleum Resins Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 72: Spain: Petroleum Resins Market: Sales Value (in Million US$), 2015 & 2020
Figure 73: Spain: Petroleum Resins Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 74: Russia: Petroleum Resins Market: Sales Value (in Million US$), 2015 & 2020
Figure 75: Russia: Petroleum Resins Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 76: Others: Petroleum Resins Market: Sales Value (in Million US$), 2015 & 2020
Figure 77: Others: Petroleum Resins Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 78: Latin America: Petroleum Resins Market: Sales Value (in Million US$), 2015 & 2020
Figure 79: Latin America: Petroleum Resins Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 80: Brazil: Petroleum Resins Market: Sales Value (in Million US$), 2015 & 2020
Figure 81: Brazil: Petroleum Resins Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 82: Mexico: Petroleum Resins Market: Sales Value (in Million US$), 2015 & 2020
Figure 83: Mexico: Petroleum Resins Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 84: Others: Petroleum Resins Market: Sales Value (in Million US$), 2015 & 2020
Figure 85: Others: Petroleum Resins Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 86: Middle East and Africa: Petroleum Resins Market: Sales Value (in Million US$), 2015 & 2020
Figure 87: Middle East and Africa: Petroleum Resins Market: Breakup by Country (in %), 2020
Figure 88: Middle East and Africa: Petroleum Resins Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 89: Global: Petroleum Resins Industry: SWOT Analysis
Figure 90: Global: Petroleum Resins Industry: Value Chain Analysis
Figure 91: Global: Petroleum Resins Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Petroleum Resins Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Petroleum Resins Market Forecast: Breakup by Product (in Million US$), 2021-2026
Table 3: Global: Petroleum Resins Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 4: Global: Petroleum Resins Market Forecast: Breakup by End Use (in Million US$), 2021-2026
Table 5: Global: Petroleum Resins Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 6: Global: Petroleum Resins Market: Competitive Structure
Table 7: Global: Petroleum Resins Market: Key Players

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