Report overview
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.
Generally, petroleum resins are widely used in various aspects to improve people?s quality of life. Petroleum resins can be used in road marking paint, which ensures safe vehicle/human traffic, adhesive tape used for office uses, adhesives, printer ink and other applications.
This report contains market size and forecasts of Petroleum Resin in global, including the following market information:
Global Petroleum Resin Market Revenue, 2018-2023, 2023-2030, ($ millions)
Global Petroleum Resin Market Sales, 2018-2023, 2023-2030, (K MT)
Global top five Petroleum Resin companies in 2022 (%)
The global Petroleum Resin market was valued at US$ 4841.4 million in 2022 and is projected to reach US$ 7270.6 million by 2030, at a CAGR of 6.0% during the forecast period 2023-2030.
The top 3 global producers of petroleum resins are ExxonMobil, Eastman and Kolon, with a combined market share of 27 percent. APAC is the largest consumer region, with a market share of about 55%.In terms of product, C5 petroleum resin is the largest segment, with a share over 35%. And in terms of application, the largest application is adhesive & sealant, followed by paint.
We surveyed the Petroleum Resin manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Petroleum Resin Market, by Type, 2018-2023, 2023-2030 ($ Millions) & (K MT)
Global Petroleum Resin Market Segment Percentages, by Type, 2022 (%)
C5 Petroleum Resin
C9 Petroleum Resin
C5/C9 Petroleum Resin
Hydrogenated Petroleum Resin
Others
Global Petroleum Resin Market, by Application, 2018-2023, 2023-2030 ($ Millions) & (K MT)
Global Petroleum Resin Market Segment Percentages, by Application, 2022 (%)
Paint
Rubber
Adhesive & Sealant
Printing Ink
Others
Global Petroleum Resin Market, By Region and Country, 2018-2023, 2023-2030 ($ Millions) & (K MT)
Global Petroleum Resin Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Petroleum Resin revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Petroleum Resin revenues share in global market, 2022 (%)
Key companies Petroleum Resin sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Petroleum Resin sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
ExxonMobil
Eastman
Kolon
Cray Valley
ZEON
Formosan Union
Mitsui Chemicals
Arakawa Chemical
Rain Carbon
Resinall
Idemitsu
Neville
Shangdong Qilong
Zibo Luhua
Zhejiang Henghe
Jinhai Chenguang
Daqing Huake
Guangdong Xinhuayue
Fuxun Huaxing
Ecisco New Material
