Petroleum Resins Market, By Type (Aliphatic C5 Resins, Aromatic C9 Resins, Hydrogenated Hydrocarbon Resins, and C5/C9 Resins), By Application (Adhesive and Sealants (Pressure Sensitive Adhesives (PSA) and Hot Melt Adhesives (HMA)), Paints and Coatings, Printing Inks, Rubber Compounding, Tapes and Labels, and Others), By End User (Building and Construction, Tire Industry, Automotive, Personal Hygiene, Consumer Goods and Others), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa), Trends, Analysis and Forecast till 2029

Report Code: PMI47519 | Publish Date: March 2024 | No. of Pages: 168

Global Petroleum Resins Market By Overview

Petroleum resins are low-density materials and are obtained as by product from petroleum cracking. Petroleum resins are manufactured by the polymerization process of alkenes, alkynes and aromatic compounds obtained from the distillation of heavy hydrocarbon feedstock. These are also known by hydrocarbon resins. Petroleum resins have wide range of applications such as adhesives, sealants, paints, coatings and inks, rubber and plastic compounding industries and others.

Global Petroleum Resins Market By Dynamics

Petroleum resins have excellent property of high adhesion at high temperature and pressure. This is major factor which drive the growth of the global petroleum resins market. The increasing demand for petroleum resins from hot melt adhesives is also expected to drive the growth of the global petroleum resins market. The application of petroleum resins in various end user industries such as paints, coatings and inks, adhesives and sealants, chemical processing and polymerization leads to increasing demand is also boost for market growth. However, high price of feedstock of the petroleum resins restrains the growth of the market. The feedstock for petroleum resins is naphtha, which is derived from crude oil. So, prices of these petroleum-based resins are influenced by volatility in prices of crude oil.

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Global Petroleum Resins Market By Segmentation

The global petroleum resins market has been segmented on the basis of type, application, end user and region.

On the basis of type, the global petroleum resins market has been segmented into aliphatic C5 resins, aromatic C9 resins, hydrogenated hydrocarbon resins, and C5/C9 resins. Based on application, segments of the global petroleum resins market are adhesive and sealants (pressure sensitive adhesives (PSA) and hot melt adhesives (HMA)), paints and coatings, printing inks, rubber compounding, tapes and labels, and others. Based on end users, the global petroleum resins market is divided into Building and Construction, Tire Industry, Automotive, Personal Hygiene, Consumer Goods and Others.

 Regional Insights:

On the basis of region the global petroleum resins market has been segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Among these, Asia Pacific dominates the market owing to the growing demand for resins in construction, automotive, packaging, and others. The “Make in India” scheme which was implemented by the Indian Government leads major industries to witness a significant growth. The North American region is growing market due to the increasing demand for petroleum resins in construction, packaging and automobile sectors. The high disposable income and rising investments in the end-use industries leads to drive the market demand during the forecast period in North America region.

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Global Petroleum Resins Market By Key Players

The key players operating in the global petroleum resins market includes Exxon Mobil Corporation, Eastman Chemical Company, KOLON Industries Inc., Arakawa Chemical Industries Ltd., Total S.A., Mitsui Chemicals Inc., Idemitsu Kosan Co.,Ltd, Dow Chemical Company, Cray Valley, and Neville Chemical Company.

Global Petroleum Resins Market By Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Preview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Type
      • Market Snippet, By Application
      • Market Snippet, By End-User
      • Market Snippet, By Region
    • Opportunity Map Analysis
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Market Trends
    • Merger and Acquisitions
    • Impact Analysis
    • PEST Analysis
    • Porter’s Analysis
  4. Market Segmentation, By Type, Forecast Period up to 10 Years, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Segment Trends
    • Aliphatic C5 Resins
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Aromatic C9 Resins
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Hydrogenated Hydrocarbon Resins
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • C5/C9 Resins
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
  5. Market Segmentation, By Application, Forecast Period up to 10 Years, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Segment Trends
    • Adhesive and Sealants
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
        • Pressure Sensitive Adhesives (PSA)
          • Overview
          • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
        • Hot Melt Adhesives (HMA)
          • Overview
          • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Paints and Coatings
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Printing Inks
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Rubber Compounding
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Tapes and Labels
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Others
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
  6. Market Segmentation, By End User, Forecast Period up to 10 Years, (US$ Mn)
    •  Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Segment Trends
    • Building and Construction
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Tire Industry
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Automotive
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Personal Hygiene
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Consumer Goods
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Others
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
  7. Global Market, By Region, Forecast Period up to 10 Years, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By Type, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By End-User, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By Type, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By End-User, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By Type, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By End-User, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Mn), By Type, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By End-User, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Mn), By Type, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By End-User, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa
  8. Competitive Landscape
    • Heat Map Analysis
    • Company Profiles
      • Exxon Mobil Corporation
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Eastman Chemical Company
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • KOLON Industries Inc
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Arakawa Chemical Industries Ltd.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Total S.A.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Mitsui Chemicals Inc.,
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Idemitsu Kosan Co.,Ltd
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Dow Chemical Company
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Cray Valley
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Neville Chemical Company.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
    • Analyst Views
  9. Section
    • Research Methodology
    • About Us
    • Contact

FAQs

The Global Petroleum Resins Market is segmented into type, application, end user and region.

The global petroleum resins market is driven by excellent adhesion property of petroleum resins even at high temperature and pressure conditions.

By region, Asia Pacific accounts significant share in global petroleum resins market due to rising demand for resins from industries such as construction, automotive, packaging, and others.

The Key players operating in the Global Petroleum Resins Market includes Exxon Mobil Corporation, Eastman Chemical Company, KOLON Industries Inc., Arakawa Chemical Industries Ltd., Total S.A., Mitsui Chemicals Inc., Idemitsu Kosan Co.,Ltd, Dow Chemical Company, Cray Valley, and Neville Chemical Company.