Petroleum Resins Market, by Product Type (Aliphatic C5 Resins, Aromatic C9 Resins, C5/C9 Resins, and Hydrogenated Hydrocarbon Resins), by Application (Adhesive and Sealants, Paints & Coatings, Rubber Compounding, Printing Inks, Tapes and Labels, and Others), by End-use Industry (Automotive, Building & Construction, Consumer Goods, Tire Industry, Personal Hygiene, and Others), and by Geography - Global Trends, and Forecast till 2015

Petroleum Resins Market–Insights

Petroleum resins are low molecular weight thermoplastic hydrocarbon resins obtained from cracked petroleum fractions. It has a tackifying effect, which is slight sticky effect and hence, is used in coatings, paints, varnishes, printing inks, paper, lithographic inks, adhesives, concreate curing compounds, rubber, and other applications. It is available in powders, crushed nuggets, flakes, solid block, beads, solutions, and dispersions forms.

Increasing use of petroleum resins for application in different end-use industries including automotive, construction, and consumer goods among others for coating, waterproofing and rubber compounding is driving growth of the petroleum resins market. Growing demand for petroleum resins containing low volatile organic compounds (VOCs) due to stringent government regulations on VOCs emissions such as Directive 1999/13/EC for VOCs emissions from vehicle coatings and others is further fuelling growth of petroleum resins market. Volatility in the cost of raw materials is one of the major factor restraining growth of the global petroleum resins market.

Aliphatic C5 resins accounted for the highest market share in 2016. This is due to advantages of aliphatic C5 resins such as better glutinosity, good anti-ageing properties, fluidity, low volatility, and minimized odor. These are used in hot-melt adhesives, pressure sensitive adhesives, solvent-based adhesives, rubber damping pieces, rubber for inner tube of tires and other applications.    

Adhesive and sealants accounted for the largest market share over the forecast period. Petroleum resins are used as tackifiers in adhesives and sealants to improve tack, peel strength, specific adhesion, balance adhesion and cohesion, enhance high temperature performance, and decrease cohesive strength.

Automotive industry accounted for the highest market share in 2016 owing to the use of petroleum resins in rubber compounding to enhance modulus of the compound and chipping resistance. According to the International Organization for Motor Vehicles Manufacturers (OICA), the global motor vehicle production was 90,780,583 in 2015, which increased to 94,976,569 in 2016. This growth in motor production is increasing demand for petroleum resins in the automotive industry.

Asia Pacific is the dominant petroleum resins market owing to increasing demand from various application segments such as paints, sealants, adhesives, coating from automotive and construction industries. For instance, according to India Brand Equity Foundation — a trust established by the Department of Commerce, Ministry of Commerce and Industry — the passenger vehicle production in India is expected to increase US$ 10 million in 2020 from US$3.2 million in 2015. Also, according to the International Trade Association, Department of Commerce, the total automotive market size in 2015 was 24.94 million units, which increased to 28.36 million units in 2016. Thus, rapid growth in automotive industry in India and China is driving growth of the petroleum resins market in Asia Pacific.

North America is the second largest petroleum resins market due to growing demand from the automobiles industry. For instance, according to International Organization for Motor Vehicles Manufacturers (OICA), the total automotive sales in the U.S. and Canada was 19,785,141 in 2015, which increased to 19,849,518 in 2016.

Demand for petroleum resins for applications in adhesives and sealants is increasing in the Europe market. According to the European Adhesive and Sealant Industry (FEICA) the European adhesive and coating market was valued at US$ 16,019.03 million in 2014 and accounted for the market share of 35%.

Global Petroleum Resins Market Share, by Region, 2016

petroleum resins market

Source: Coherent Market Insights (2018)

Asia Pacific held the largest revenue share of 38.39% in 2016 and is expected to retain its dominance over the forecast period.

Key market players in the petroleum resins market are adopting various strategies such as joint venture, new plant development, and capacity expansion for business expansion. For instance, in May 2017, Rain Carbon Inc. announced construction of new capacity for hydrogenated hydrocarbon resins in Uithoorn, the Netherlands. In December 2016, Rufayah Chemicals Company (RCC) and Sadara Chemical Company signed a deal to set up hydrocarbon resin plants at Jubail in Saudi Arabia’s Eastern Province at investment of US$ 500 million; and in March 2014, ExxonMobil Chemical set up a new facility for  Escorez hydrogenated hydrocarbon resin production with capacity of 90,000 tons per year in Singapore.

Key market players in the global petroleum resins market are Arakawa Chemical Industries, Eastman Chemical Company, Exxon Mobil Corporation, Ltd., Kolon Industries, Inc., Lesco Chemical Limited, Zeon Corporation, Seacon Corporation, Neville Chemical Company, Total Cray Valley, and Anglxxon Chemical Co., Ltd.

Petroleum resins are obtained from cracking of heavy carbon feedstock. It has properties such as solubility, softening points, thermal stability, and chemical stability. Increasing demand of petroleum resins in footwear, leather, contact adhesives, hot melt adhesives, fragrance fixatives, plastic and rubber modification, wax modification, pharmaceutical adhesives, and other applications is propelling growth of global petroleum market. Volatile cost of raw material such as crude oil is one of the major restraint to growth of the petroleum resins market. For instance, according to U.S. Energy Information Administration, the crude oil price in the U.S. in 2016 was US$ 43.29 per barrel, which increased to US$ 63.82 per barrel in January 2018.

Market Dynamics

Asia Pacific accounted for the largest share in the petroleum resins market in 2016, followed by North America and Europe. Asia Pacific accounted for 38.39% market share in 2016. Growth in construction and automobile industry is driving growth of the petroleum market in this region. For instance, according to the International Trade Association, Department of Commerce, the automobile output in China is expected to reach 30 million units by 2020 and 35 million by 2025. Automotive sector is the largest end-user of petroleum resins. This is owing to its properties such as compatibility with ethylene-vinyl acetate, styrene-butadiene-styrene and others for application in the automobiles. For instance, according to International Organization for Motor Vehicles Manufacturers (OICA), the global production of passenger vehicles was 68,618,998 in 2015, which increased by 5.4% to reach 72,291,747 in 2016.

Key features of the study:

  • This report provides in-depth analysis of petroleum resins market, market size (US$ Million & Kilotons), and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2017–2025), considering 2016 as the base year and 2015 as historical year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
  • It profiles leading players in the global petroleum resins market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study include Arakawa Chemical Industries, Eastman Chemical Company, Exxon Mobil Corporation, Ltd., Kolon Industries, Inc., Lesco Chemical Limited, Zeon Corporation, Seacon Corporation, Neville Chemical Company, Total Cray Valley, and Anglxxon Chemical Co., Ltd.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launches, market expansion, and marketing tactics
  • The global petroleum resins market report caters to various stakeholders in this industry including investors, suppliers,  distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the petroleum resins market

Detailed Segmentation:

  • Global Petroleum Resins Market, By Product Type:
    • Aliphatic  C5 Resins
    • Aromatic C9 Resins
    • C5/C9 Resins
    • Hydrogenated Hydrocarbon Resins
  • Global Petroleum Resins Market, By Applications:
    • Adhesive and  Sealants
      • Hot Melt Adhesives (HMA)
      • Psa (Pressure Sensitive Adhesives)
    • Paints & Coatings
    • Rubber Compounding
    • Printing Inks
    • Tapes and Labels
    • Others
  • Global Petroleum Resins Market, By End-Use Industry:
    • Automotive
    • Building & Construction
    • Consumer Goods
    • Personal Hygiene
    • Tire Industry
    • Others
  • Global Petroleum Resins Market , By Geography:
    • North America
      • U.S.
        • By Product Type:
          • Aliphatic C5 Resins
          • Aliphatic C9 Resins
          • C5/C9 Resins
          • Hydrogenated Hydrocarbon Resins
        • By Applications:
          • Adhesives and Sealants
            • Hot Melt Adhesives (HMA)
            • Psa (Pressure Sensitive Adhesives)
          • Paints & Coatings
          • Rubber Compounding
          • Printing Inks
          • Tapes and Labels
          • Others
        • By End-Use Industry:
          • Automotive
          • Building & Construction
          • Consumer Goods
          • Personal Hygiene
          • Tire Industry
          • Others
      • Canada
        • By Product Type:
          • Aliphatic C5 Resins
          • Aliphatic C9 Resins
          • C5/C9 Resins
          • Hydrogenated Hydrocarbon Resins
        • By Applications:
          • Adhesives and Sealants
            • Hot Melt Adhesives (HMA)
            • Psa (Pressure Sensitive Adhesives)
          • Paints & Coatings
          • Rubber Compounding
          • Printing Inks
          • Tapes and Labels
          • Others
        • By End-Use Industry:
          • Automotive
          • Building & Construction
          • Consumer Goods
          • Personal Hygiene
          • Tire Industry
          • Others
    • Europe
      • U.K.
      • By Product Type:
        • Aliphatic C5 Resins
        • Aliphatic C9 Resins
        • C5/C9 Resins
        • Hydrogenated Hydrocarbon Resins
      • By Applications:
        • Adhesives and Sealants
          • Hot Melt Adhesives (HMA)
          • Psa (Pressure Sensitive Adhesives)
        • Paints & Coatings
        • Rubber Compounding
        • Printing Inks
        • Tapes and Labels
        • Others
      • Germany
        • By Product Type:
          • Aliphatic C5 Resins
          • Aliphatic C9 Resins
          • C5/C9 Resins
          • Hydrogenated Hydrocarbon Resins
        • By Applications:
          • Adhesives and Sealants
            • Hot Melt Adhesives (HMA)
            • Psa (Pressure Sensitive Adhesives)
          • Paints & Coatings
          • Rubber Compounding
          • Printing Inks
          • Tapes and Labels
          • Others
      • Italy
        • By Product Type:
          • Aliphatic C5 Resins
          • Aliphatic C9 Resins
          • C5/C9 Resins
          • Hydrogenated Hydrocarbon Resins
        • By Applications:
          • Adhesives and Sealants
            • Hot Melt Adhesives (HMA)
            • Psa (Pressure Sensitive Adhesives)
          • Paints & Coatings
          • Rubber Compounding
          • Printing Inks
          • Tapes and Labels
          • Others
        • By End-Use Industry:
      • France
        • By Product Type:
          • Aliphatic C5 Resins
          • Aliphatic C9 Resins
          • C5/C9 Resins
          • Hydrogenated Hydrocarbon Resins
        • By Applications:
          • Adhesives and Sealants
            • Hot Melt Adhesives (HMA)
            • Psa (Pressure Sensitive Adhesives)
          • Paints & Coatings
          • Rubber Compounding
          • Printing Inks
          • Tapes and Labels
          • Others
        • By End-Use Industry:
      • Russia
        • By Product Type:
          • Aliphatic C5 Resins
          • Aliphatic C9 Resins
          • C5/C9 Resins
          • Hydrogenated Hydrocarbon Resins
        • By Applications:
          • Adhesives and Sealants
            • Hot Melt Adhesives (HMA)
            • Psa (Pressure Sensitive Adhesives)
          • Paints & Coatings
          • Rubber Compounding
          • Printing Inks
          • Tapes and Labels
          • Others
        • By End-Use Industry:
      • Rest of Europe
        • By Product Type:
          • Aliphatic C5 Resins
          • Aliphatic C9 Resins
          • C5/C9 Resins
          • Hydrogenated Hydrocarbon Resins
        • By Applications:
          • Adhesives and Sealants
            • Hot Melt Adhesives (HMA)
            • Psa (Pressure Sensitive Adhesives)
          • Paints & Coatings
          • Rubber Compounding
          • Printing Inks
          • Tapes and Labels
          • Others
        • By End-Use Industry:
    • Asia Pacific
      • China
        • By Product Type:
          • Aliphatic C5 Resins
          • Aliphatic C9 Resins
          • C5/C9 Resins
          • Hydrogenated Hydrocarbon Resins
        • By Applications:
          • Adhesives and Sealants
            • Hot Melt Adhesives (HMA)
            • Psa (Pressure Sensitive Adhesives)
          • Paints & Coatings
          • Rubber Compounding
          • Printing Inks
          • Tapes and Labels
          • Others
        • By End-Use Industry:
      • India
        • By Product Type:
          • Aliphatic C5 Resins
          • Aliphatic C9 Resins
          • C5/C9 Resins
          • Hydrogenated Hydrocarbon Resins
        • By Applications:
          • Adhesives and Sealants
            • Hot Melt Adhesives (HMA)
            • Psa (Pressure Sensitive Adhesives)
          • Paints & Coatings
          • Rubber Compounding
          • Printing Inks
          • Tapes and Labels
          • Others
        • By End-Use Industry:
      • Japan
        • By Product Type:
          • Aliphatic C5 Resins
          • Aliphatic C9 Resins
          • C5/C9 Resins
          • Hydrogenated Hydrocarbon Resins
        • By Applications:
          • Adhesives and Sealants
            • Hot Melt Adhesives (HMA)
            • Psa (Pressure Sensitive Adhesives)
          • Paints & Coatings
          • Rubber Compounding
          • Printing Inks
          • Tapes and Labels
          • Others
        • By End-Use Industry:
      • ASEAN
        • By Product Type:
          • Aliphatic C5 Resins
          • Aliphatic C9 Resins
          • C5/C9 Resins
          • Hydrogenated Hydrocarbon Resins
        • By Applications:
          • Adhesives and Sealants
            • Hot Melt Adhesives (HMA)
            • Psa (Pressure Sensitive Adhesives)
          • Paints & Coatings
          • Rubber Compounding
          • Printing Inks
          • Tapes and Labels
          • Others
        • By End-Use Industry:
      • Australia
        • By Product Type:
          • Aliphatic C5 Resins
          • Aliphatic C9 Resins
          • C5/C9 Resins
          • Hydrogenated Hydrocarbon Resins
        • By Applications:
          • Adhesives and Sealants
            • Hot Melt Adhesives (HMA)
            • Psa (Pressure Sensitive Adhesives)
          • Paints & Coatings
          • Rubber Compounding
          • Printing Inks
          • Tapes and Labels
          • Others
        • By End-Use Industry:
      • South Korea
        • By Product Type:
          • Aliphatic C5 Resins
          • Aliphatic C9 Resins
          • C5/C9 Resins
          • Hydrogenated Hydrocarbon Resins
        • By Applications:
          • Adhesives and Sealants
            • Hot Melt Adhesives (HMA)
            • Psa (Pressure Sensitive Adhesives)
          • Paints & Coatings
          • Rubber Compounding
          • Printing Inks
          • Tapes and Labels
          • Others
        • By End-Use Industry:
      • Rest of Asia Pacific
        • By Product Type:
          • Aliphatic C5 Resins
          • Aliphatic C9 Resins
          • C5/C9 Resins
          • Hydrogenated Hydrocarbon Resins
        • By Applications:
          • Adhesives and Sealants
            • Hot Melt Adhesives (HMA)
            • Psa (Pressure Sensitive Adhesives)
          • Paints & Coatings
          • Rubber Compounding
          • Printing Inks
          • Tapes and Labels
          • Others
        • By End-Use Industry:
    • Latin America
      • Brazil
        • By Product Type:
          • Aliphatic C5 Resins
          • Aliphatic C9 Resins
          • C5/C9 Resins
          • Hydrogenated Hydrocarbon Resins
        • By Applications:
          • Adhesives and Sealants
            • Hot Melt Adhesives (HMA)
            • Psa (Pressure Sensitive Adhesives)
          • Paints & Coatings
          • Rubber Compounding
          • Printing Inks
          • Tapes and Labels
          • Others
        • By End-Use Industry:
      • Mexico
        • By Product Type:
          • Aliphatic C5 Resins
          • Aliphatic C9 Resins
          • C5/C9 Resins
          • Hydrogenated Hydrocarbon Resins
        • By Applications:
          • Adhesives and Sealants
            • Hot Melt Adhesives (HMA)
            • Psa (Pressure Sensitive Adhesives)
          • Paints & Coatings
          • Rubber Compounding
          • Printing Inks
          • Tapes and Labels
          • Others
        • By End-Use Industry:
      • Rest of Latin America
        • By Product Type:
          • Aliphatic C5 Resins
          • Aliphatic C9 Resins
          • C5/C9 Resins
          • Hydrogenated Hydrocarbon Resins
        • By Applications:
          • Adhesives and Sealants
            • Hot Melt Adhesives (HMA)
            • Psa (Pressure Sensitive Adhesives)
          • Paints & Coatings
          • Rubber Compounding
          • Printing Inks
          • Tapes and Labels
          • Others
        • By End-Use Industry:
    • Middle East
      • GCC
        • By Product Type:
          • Aliphatic C5 Resins
          • Aliphatic C9 Resins
          • C5/C9 Resins
          • Hydrogenated Hydrocarbon Resins
        • By Applications:
          • Adhesives and Sealants
            • Hot Melt Adhesives (HMA)
            • Psa (Pressure Sensitive Adhesives)
          • Paints & Coatings
          • Rubber Compounding
          • Printing Inks
          • Tapes and Labels
          • Others
        • By End-Use Industry:
      • Israel
        • By Product Type:
          • Aliphatic C5 Resins
          • Aliphatic C9 Resins
          • C5/C9 Resins
          • Hydrogenated Hydrocarbon Resins
        • By Applications:
          • Adhesives and Sealants
            • Hot Melt Adhesives (HMA)
            • Psa (Pressure Sensitive Adhesives)
          • Paints & Coatings
          • Rubber Compounding
          • Printing Inks
          • Tapes and Labels
          • Others
        • By End-Use Industry:
      • Rest of Middle East
        • By Product Type:
          • Aliphatic C5 Resins
          • Aliphatic C9 Resins
          • C5/C9 Resins
          • Hydrogenated Hydrocarbon Resins
        • By Applications:
          • Adhesives and Sealants
            • Hot Melt Adhesives (HMA)
            • Psa (Pressure Sensitive Adhesives)
          • Paints & Coatings
          • Rubber Compounding
          • Printing Inks
          • Tapes and Labels
          • Others
        • By End-Use Industry:
    • Africa
      • Northern Africa
        • By Product Type:
          • Aliphatic C5 Resins
          • Aliphatic C9 Resins
          • C5/C9 Resins
          • Hydrogenated Hydrocarbon Resins
        • By Applications:
          • Adhesives and Sealants
            • Hot Melt Adhesives (HMA)
            • Psa (Pressure Sensitive Adhesives)
          • Paints & Coatings
          • Rubber Compounding
          • Printing Inks
          • Tapes and Labels
          • Others
        • By End-Use Industry:
      • Central Africa
        • By Product Type:
          • Aliphatic C5 Resins
          • Aliphatic C9 Resins
          • C5/C9 Resins
          • Hydrogenated Hydrocarbon Resins
        • By Applications:
          • Adhesives and Sealants
            • Hot Melt Adhesives (HMA)
            • Psa (Pressure Sensitive Adhesives)
          • Paints & Coatings
          • Rubber Compounding
          • Printing Inks
          • Tapes and Labels
          • Others
        • By End-Use Industry:
      • South Africa
        • By Product Type:
          • Aliphatic C5 Resins
          • Aliphatic C9 Resins
          • C5/C9 Resins
          • Hydrogenated Hydrocarbon Resins
        • By Applications:
          • Adhesives and Sealants
            • Hot Melt Adhesives (HMA)
            • Psa (Pressure Sensitive Adhesives)
          • Paints & Coatings
          • Rubber Compounding
          • Printing Inks
          • Tapes and Labels
          • Others
        • By End-Use Industry:
  • Company Profiles
    • Arakawa Chemical Industries *
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Eastman Chemical Company
    • Exxon Mobil Corporation, Ltd.  
    • Kolon Industries, Inc.
    • Wigwam Corporation
    • Lesco Chemical Limited    
    • Zeon CorporationSeacon Corporation
    • Neville Chemical Company
    • Total Cray Valley
    • Anglxxon Chemical Co.

 “*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippet, By Applications
      • Market Snippet, By End-Use Industry
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
        • Supply Side Drivers
        • Demand Side Drivers
        • Economic Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • Epidemiology/Prevalence/Incidence
      • Merger and Acquisitions
      • New Product Approvals/Launch
      • Promotion and Marketing Initiatives
    • Cost Tier Down Analysis
  4. Global Petroleum Resins  Market, By Product Type, 2017 – 2025, (US$ Million & Kilotons)
    • Introduction
      • Market Share Analysis, 2016 and 2025 (%)
      • Y-o-Y Growth Analysis, 2017 - 2025
      • Segment Trends
    • Aliphatic C5 Resins
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2025, (US$ Million & Kilotons)
    • Aromatic C9 Resins
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2025, (US$ Million & Kilotons)
    • C5/C9 Resins
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2025, (US$ Million & Kilotons)
    • Hydrogenated Hydrocarbon Resins
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2025, (US$ Million & Kilotons)
  5. Global Petroleum Resins  Market, By Application, 2017 – 2025, (US$ Million & Kilotons)
    • Introduction
      • Market Share Analysis, 2016 and 2025 (%)
      • Y-o-Y Growth Analysis, 2017 - 2025
      • Segment Trends
    • Adhesive and  Sealants
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2025, (US$ Million & Kilotons)
      • Sub-Segment Trends
        • Hot Melt Adhesives (HMA)
        • Psa (Pressure Sensitive Adhesives)
    • Paints & Coatings
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2025, (US$ Million & Kilotons)
    • Rubber Compounding
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2025, (US$ Million & Kilotons)
    • Printing Inks
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2025, (US$ Million & Kilotons)
    • Tapes and Labels
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2025, (US$ Million & Kilotons)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2025, (US$ Million & Kilotons)
  6. Global Petroleum Resins  Market, By End-Use Industry, 2017 – 2025, (US$ Million & Kilotons)
    • Introduction
      • Market Share Analysis, 2016 and 2025 (%)
      • Y-o-Y Growth Analysis, 2017 - 2025
      • Segment Trends
    • Automotive
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2025, (US$ Million & Kilotons)
    • Building & Construction
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2025, (US$ Million & Kilotons)
    • Consumer Goods
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2025, (US$ Million & Kilotons)
    • Personal Hygiene
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2025, (US$ Million & Kilotons)
    • Tire Industry
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2025, (US$ Million & Kilotons)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2025, (US$ Million & Kilotons)
  7. Global Petroleum Resins  Market, By Regions, 2017 – 2025, (US$ Million & Kilotons)
    • Introduction
      • Market Share Analysis, By Region, 2016 and 2025 (%)
      • Y-o-Y Growth Analysis, For Regions, 2017 - 2025
    • North America
      • Market Share Analysis, By Country, 2016 and 2025 (%)
      • Y-o-Y Growth Analysis, By Country, 2017 - 2025
        • U.S.
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By Application, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By End-Use Industry, 2017 – 2025, (US$ Million & Kilotons)
        • Canada
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By Application, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By End-Use Industry, 2017 – 2025, (US$ Million & Kilotons)
    • Europe
      • Market Share Analysis, By Country, 2016 and 2025 (%)
      • Y-o-Y Growth Analysis, By Country, 2017 - 2025
        • U.K.
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By Application, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By End-Use Industry, 2017 – 2025, (US$ Million & Kilotons)
        • Germany
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By Application, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By End-Use Industry, 2017 – 2025, (US$ Million & Kilotons)
        • Italy
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By Application, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By End-Use Industry, 2017 – 2025, (US$ Million & Kilotons)
        • France
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By Application, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By End-Use Industry, 2017 – 2025, (US$ Million & Kilotons)
        • Russia
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By Application, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By End-Use Industry, 2017 – 2025, (US$ Million & Kilotons)
        • Spain
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By Application, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By End-Use Industry, 2017 – 2025, (US$ Million & Kilotons)
        • Rest of Europe
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By Application, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By End-Use Industry, 2017 – 2025, (US$ Million & Kilotons)
    • Asia Pacific
      • Market Share Analysis, By Country, 2016 and 2025 (%)
      • Y-o-Y Growth Analysis, By Country, 2017 - 2025
        • China
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By Application, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By End-Use Industry, 2017 – 2025, (US$ Million & Kilotons)
        • India
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By Application, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By End-Use Industry, 2017 – 2025, (US$ Million & Kilotons)
        • Japan
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By Application, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By End-Use Industry, 2017 – 2025, (US$ Million & Kilotons)
        • ASEAN
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By Application, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By End-Use Industry, 2017 – 2025, (US$ Million & Kilotons)
        • Australia
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By Application, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By End-Use Industry, 2017 – 2025, (US$ Million & Kilotons)
        • South Korea
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By Application, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By End-Use Industry, 2017 – 2025, (US$ Million & Kilotons)
        • Rest of Asia Pacific
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By Application, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By End-Use Industry, 2017 – 2025, (US$ Million & Kilotons)
    • Latin America
      • Market Share Analysis, By Country, 2016 and 2025 (%)
      • Y-o-Y Growth Analysis, By Country, 2017 - 2025
        • Brazil
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By Application, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By End-Use Industry, 2017 – 2025, (US$ Million & Kilotons)
        • Mexico
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By Application, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By End-Use Industry, 2017 – 2025, (US$ Million & Kilotons)
        • Argentina
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By Application, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By End-Use Industry, 2017 – 2025, (US$ Million & Kilotons)
        • Rest of Latin America
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By Application, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By End-Use Industry, 2017 – 2025, (US$ Million & Kilotons)
    • Middle East
      • Market Share Analysis, By Country, 2016 and 2025 (%)
      • Y-o-Y Growth Analysis, By Country, 2017 - 2025
        • GCC Countries
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By Application, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By End-Use Industry, 2017 – 2025, (US$ Million & Kilotons)
        • Israel
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By Application, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By End-Use Industry, 2017 – 2025, (US$ Million & Kilotons)
        • Rest of Middle East
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By Application, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By End-Use Industry, 2017 – 2025, (US$ Million & Kilotons)
    • Africa
      • Market Share Analysis, By Country, 2016 and 2025 (%)
      • Y-o-Y Growth Analysis, By Country, 2017 - 2025
        • Northern Africa
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By Application, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By End-Use Industry, 2017 – 2025, (US$ Million & Kilotons)
        • Central Africa
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By Application, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By End-Use Industry, 2017 – 2025, (US$ Million & Kilotons)
        • South Africa
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By Application, 2017 – 2025, (US$ Million & Kilotons)
          • Market Size and Forecast, By End-Use Industry, 2017 – 2025, (US$ Million & Kilotons)
  8. Competitive Landscape
    • Heat Map Analysis
    • Market Share Analysis (3x3 Matrix)
    • Company Profiles
      • Arakawa Chemical Industries
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Eastman Chemical Company
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Exxon Mobil Corporation, Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Kolon Industries, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Lesco Chemical Limited
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Zeon Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Seacon Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Neville Chemical Company
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Total Cray Valley
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Anglxxon Chemical Co., Ltd
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
    • Analyst Views
  9. Section
    • References
    • Research Methodology
    • About Us and Sales Contact

*Browse 300 market data tables and 90 figures on "Global Petroleum Resins Market - Global forecast to 2025”.

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


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Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

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Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

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  • 360-degree Approach

    We cover each industry from supply and demand side with an aim to provide a most holistic research study.

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