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Global Petroleum Resins Market 2017-2021

Global Petroleum Resins Market 2017-2021

About Petroleum Resins

Petroleum resins are amorphous polymers with low molecular weight obtained from synthetic processes. These resins are commonly used to provide excellent tack and adhesion and are commonly used together with larger polymers to improve the adhesion and cohesion properties.

Technavio’s analysts forecast the global petroleum resins market to grow at a CAGR of 7.33% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global petroleum resins market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price for the product.

The market is divided into the following segments based on geography:

  • APAC
  • Europe
  • North America
  • ROW
Technavio's report, Global Petroleum Resins Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Arakawa Chemical Industries,
  • Eastman Chemical
  • ExxonMobil
  • Kolon Industries
  • Total Cray Valley
Other prominent vendors
  • Lesco Chemicals
  • ZEON CHEMICALS
  • Puyang Shenghong Chemical
  • Innova Chemical
  • Anglxxon Chemical Products
  • Shandong Landun Petroleum Resins
  • Puyang Tiancheng Chemical
  • Neville Chemical
Market driver
  • Increase in demand from building and construction industry
  • For a full, detailed list, view our report
Market challenge
  • Volatility in raw material prices
  • For a full, detailed list, view our report
Market trend
  • Growing demand for green and sustainable resins
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Petroleum Resins Market 2017-2021

Technavio recognizes the following companies as the key players in the global petroleum resins market: Arakawa Chemical Industries, Eastman Chemical, ExxonMobil, Kolon Industries, and Total Cray Valley.

Other Prominent Vendors in the market are: Lesco Chemicals, ZEON CHEMICALS, Puyang Shenghong Chemical, Innova Chemical, Anglxxon Chemical Products, Shandong Landun Petroleum Resins, Puyang Tiancheng Chemical, and Neville Chemical.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is growing demand for green and sustainable resins. There is a strong preference in the developed economies such as Canada, the US, and Germany in the development petroleum resins that are eco-friendly in nature. Green sustainable petroleum resins and other related energy-saving resin systems are increasingly becoming popular in the developing regions along with the developed regions.”

According to the report, one of the major drivers for this market is increase in demand from building and construction industry. The construction industry constitutes both economic and social development strategy and efforts. Energy, transportation, electricity, and telecommunication is vital for the accelerated development and modernization of a country. It is an endless process of progress, where development should be directed, accompanied, and trailed provision and maintenance of sufficient infrastructure facilities.

Further, the report states that one of the major factors hindering the growth of this market is volatility in raw material prices. Petroleum resins are mainly produced by polymerizing diolefins, olefins, and vinyl aromatic compounds, which are byproducts of petroleum fractions. Naphthalene is the main raw material used in the production of petroleum resins. Petroleum feedstocks (C5 and C9 fractions, which are byproducts of petroleum cracking) are important raw materials for petroleum resins. These fractions are mainly produced from petrochemical processes

Companies Mentioned

Arakawa Chemical Industries, Eastman Chemical, ExxonMobil, Kolon Industries, Total Cray Valley, Lesco Chemicals, ZEON CHEMICALS, Puyang Shenghong Chemical, Innova Chemical, Anglxxon Chemical Products, Shandong Landun Petroleum Resins, Puyang Tiancheng Chemical, and Neville Chemical.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
    • Overview
      • Table Production process of C5 and C9 resin oil
  • Market landscape
    • Market size and forecast
      • Table Global petroleum resins market 2016 and 2021 ($ millions)
      • Table Market forecast: Global petroleum resins market 2016-2021
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by type
    • Global petroleum resins market by type
      • Table Global petroleum resins market by type 2016
      • Table Global petroleum resins market by type 2021
    • Global petroleum resins market by C5 resins
      • Table Global petroleum resins market by C5 resins 2016 and 2021 ($ millions)
      • Table Market forecast: Global petroleum resins market by C5 resins 2016-2021
    • Global petroleum resins market by hydrogenated hydrocarbon resins
      • Table Global petroleum resins market by hydrogenated hydrocarbon resins 2016 and 2021 ($ millions)
      • Table Market forecast: Global petroleum resins market by hydrogenated hydrocarbon resins 2016-2021
    • Global petroleum resins market by C9 resins
      • Table Global petroleum resins market by C9 resins 2016 and 2021 ($ millions)
      • Table Market forecast: Global petroleum resins market by C9 resins 2016-2021
    • Global petroleum resins market by C5/C9 resins
      • Table Global petroleum resins market by C5/C9 resins 2016 and 2021 ($ millions)
      • Table Market forecast: Global petroleum resins market by C5/C9 resins 2016-2021
  • Market segmentation by application
    • Global petroleum resins market by application
      • Table Global petroleum resins market by application 2016
      • Table Global petroleum resins market by application 2021
    • Global petroleum resins market in adhesives and sealant segment
      • Table Global petroleum resins market in adhesives and sealant segment 2016 and 2021 ($ millions)
      • Table Market forecast: Global petroleum resins market in adhesives and sealant segment 2016-2021
    • Global petroleum resins market in paints and coatings segment
      • Table Global petroleum resins market in paints and coatings segment 2016 and 2021 ($ millions)
      • Table Market forecast: Global petroleum resins market in paints and coatings segment 2016-2021
    • Global petroleum resins market in rubber compounding segment
      • Table Global petroleum resins market in rubber compounding segment 2016 and 2021 ($ millions)
      • Table Market forecast: Global petroleum resins market in rubber compounding segment 2016-2021
    • Global petroleum resins market in printing inks segment
      • Table Global petroleum resins market in printing inks segment 2016 and 2021 ($ millions)
      • Table Market forecast: Global petroleum resins market in printing inks segment 2016-2021
    • Global petroleum resins market in tapes and labels segment
      • Table Global petroleum resins market in tapes and labels segment 2016 and 2021 ($ millions)
      • Table Market forecast: Global petroleum resins market in tapes and labels segment 2016- 2021
    • Global petroleum resins market in other application segments
      • Table Global petroleum resins market in other application segments 2016 and 2021 ($ millions)
      • Table Market forecast: Global petroleum resins market in other application segments 2016-2021
  • Market segmentation by end-user
    • Global petroleum resins market by end-user
      • Table Global petroleum resins market by end-user 2016
      • Table Global petroleum resins market by end-user 2021
    • Global petroleum resins market in building and construction industry
      • Table Global petroleum resins market in building and construction industry 2016 and 2021 ($ millions)
      • Table Market forecast: Global petroleum resins market in building and construction industry 2016-2021
    • Global petroleum resins market in tire industry
      • Table Global petroleum resins market in tire industry 2016 and 2021 ($ millions)
      • Table Market forecast: Global petroleum resins market in tire industry 2016-2021
    • Global petroleum resins market in automotive industry
      • Table Global petroleum resins market in automotive industry 2016 and 2021 ($ millions)
      • Table Market forecast: Global petroleum resins market in automotive industry 2016-2021
    • Global petroleum resins market in personal hygiene industry
      • Table Global petroleum resins market in personal hygiene industry 2016 and 2021 ($ millions)
      • Table Market forecast: Global petroleum resins market in personal hygiene industry 2016- 2021
    • Global petroleum resins market in consumer goods industry
      • Table Global petroleum resins market in consumer goods industry 2016 and 2021 ($ millions)
      • Table Market forecast: Global petroleum resins market in consumer goods industry 2016- 2021
    • Global petroleum resins market in other end-user industries
      • Table Global petroleum resins market in other end-user industries 2016 and 2021 ($ millions)
      • Table Market forecast: Global petroleum resins market in other end-user industries 2016- 2021
  • Market segmentation by geography
    • Global petroleum resins market by geography
      • Table Global petroleum resins market by geography 2016
      • Table Global petroleum resins market by geography 2021
    • Petroleum resins market in APAC
      • Table Petroleum resins market in APAC 2016 and 2021 ($ millions)
      • Table Market forecast: Petroleum resins market in APAC 2016-2021
    • Petroleum resins market in Europe
      • Table Petroleum resins market in North America 2016 and 2021 ($ millions)
      • Table Market forecast: Petroleum resins market in North America 2016-2021
      • Table Petroleum resins market in Europe 2016 and 2021 ($ millions)
      • Table Market forecast: Petroleum resins market in Europe 2016-2021
    • Petroleum resins market in ROW
      • Table Petroleum resins market in ROW 2016 and 2021 ($ millions)
      • Table Market forecast: Petroleum resins market in ROW 2016-2021
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global four-wheeler production in 2015 (million units)
      • Table Global two-wheeler production in 2015 (million units)
    • Impact of drivers on key geographic segment
      • Table Impact of drivers
    • Market challenges
      • Table Rosin resin production flow
    • Impact of challenges on key geographic segments
      • Table Impact of challenges
  • Market trends
    • Growing demand for green and sustainable resins
    • Vertical integration of petroleum resin companies
    • Increase in R&D spending
  • Vendor landscape
    • Competitive scenario
    • Major market vendors
      • Table Global petroleum resins major vendors 2016
    • Other prominent vendors
  • Key vendor analysis
    • Arakawa Chemical Industries
      • Table Arakawa Chemical Industries: Business segmentation by revenue 2015
    • Eastman Chemical
      • Table Eastman Chemical: Business segmentation by revenue 2015
      • Table Eastman Chemical: Geographical segmentation by revenue 2015
    • ExxonMobil
      • Table ExxonMobil: Product segmentation 2015
      • Table ExxonMobil: Geographical segmentation by revenue 2015
    • Kolon Industries
      • Table Kolon Industries: Product segmentation 2015
    • Total Cray Valley
      • Table Total Cray Valley: Product segmentation 2015
  • Appendix
    • List of abbreviations
  • Explore Technavio

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