MRRS adds "Petroleum Resin Market by Type (C5, C9, Hydrogenated Hydrocarbon Resins and C5/C9 Resins), Application (Adhesive & Sealants, Printing Inks, Paints & Coatings), End-Use Industry (Building & Construction, Tire) and by Region – Global Forecast to 2021" latest studies, published in January 2017. It is a professional and in-depth study.

“Upward growth for the building & construction industry, substantiating the petroleum resins market growth”

The global petroleum resins market size is projected to reach USD 2.58 billion by 2021, at a CAGR of 7.7%. The growth is due to petroleum resins’ properties such as high chemical resistance, miscibility, low odor, low molecular weight, low solution viscosity, and inherently high solubility. These unique properties make it a valuable product for building & construction end-use industry which further drive the petroleum resins market.

“Increasing future opportunities for hydrogenated hydrocarbon resins is a major driver of the petroleum resins market“

Petroleum resins are segmented into four major types such as C5 petroleum resins,
C9 petroleum resins, hydrogenated hydrocarbon resins, and C5/C9 petroleum resins. Hydrogenated hydrocarbon resins are expected to register the highest growth rate between 2016 and 2021. The properties such as less pollutant, chemical resistance, high adhesion strength, helped in driving the market for these resins in various applications such as paints & coatings, printing inks, rubber compounding, and adhesives & sealants.

“Rising demand from developing economies is a major driver of the petroleum resins market“

In 2015, Asia-Pacific is estimated to register the highest growth rate between 2016 and 2021, and is estimated to remain the same in the next five years. Growing end-use industries such as automotive, personal hygiene, and tire in this region highly drive the market. China led the demand for petroleum resins due to increased demand of building & construction activities in the last few years.

In the process of determining and verifying the market size for several segments and sub-segments gathered through secondary research, extensive primary interviews were conducted.
The break-up of primary interviews is given below.

• By Company Type – Tier 1 – 33 %, Tier 2 – 60% and Others – 7%
• By Designation – C level – 56%, Director level – 33%, Others – 11%
• By Region – North America – 13%, Middle East & Africa-13%, Latin America-7%, Asia-Pacific – 20%, Europe – 47%

The key companies profiled in this market research report include Total CrayValley (U.S.), Exxon Mobil Corporation (U.S.), Kolon Industries, Inc. (South Korea), Arakawa Chemical Industries Limited (Japan), and Eastman Chemical Company (U.S.).

Table Of Contents
2.1 RESEARCH DATA 19
2.1.1 SECONDARY DATA 20
2.1.1.1 Key data from secondary sources 21
2.1.2 PRIMARY DATA 21
2.1.2.1 Key data from primary sources 22
2.1.2.2 Breakdown of primary interviews 22
2.2 MARKET SIZE ESTIMATION 22
2.2.1 BOTTOM-UP APPROACH 23
2.2.2 TOP-DOWN APPROACH 24
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 25
2.3.1 ASSUMPTIONS 26
2.3.2 LIMITATIONS 26
3 EXECUTIVE SUMMARY 27
4 PREMIUM INSIGHTS 31
4.1 ATTRACTIVE OPPORTUNITIES IN PETROLEUM RESINS MARKET 31
4.2 PETROLEUM RESINS MARKET 31
4.3 PETROLEUM RESINS MARKET IN ASIA-PACIFIC, 2014 32
4.4 LEADING COUNTRIES IN PETROLEUM RESINS MARKET, 2015 32
4.5 PETROLEUM RESINS MARKET SIZE, BY LEADING COUNTRIES, 2016-2021 (USD MILLION) 33
4.6 PETROLEUM RESINS MARKET, BY APPLICATION (2015) 33
4.7 LIFECYCLE ANALYSIS, BY REGION 34
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