Los Angeles, CA -- (SBWIRE) -- 03/26/2019 -- This study focuses on the production side and consumption side of Petroleum Resin, presents the global Petroleum Resin market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Petroleum Resin capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Petroleum Resin by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
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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.
The Petroleum Resin market was valued at 3610 Million US$ in 2017 and is projected to reach 4780 Million US$ by 2025, at a CAGR of 3.6% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Petroleum Resin.
This report includes the following manufacturers; we can also add the other companies as you want.
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
Market Segment by Product Type
C5 Petroleum Resin
C9 Petroleum Resin
C5/C9 Petroleum Resin
Modified Petroleum Resin
Others
Market Segment by Application
Paint
Rubber
Adhesive & Sealant
Printing Ink
Others
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