The report "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", The petroleum resin market size is estimated to grow from USD 1.78 Billion in 2016 to USD 2.58 Billion by 2021, at a CAGR of 7.7%.

Download Free PDF Brochure: https://bit.ly/2DFWK6F

The key players in the petroleum resin market are Eastman Chemical Company (U.S.), ExxonMobil Corporation (U.S.), Total CrayValley (U.S.), and Kolon Industries (South Korea), Shandong Landun Petroleum Resin Co., Ltd. (China), Puyang Tiacheng Chemical Co., Ltd. (China), and Shanghai Jinsen Hydrocarbon Resins Co., Limited (China).

On the basis of Type:

C5 Resins
C9 Resins
Hydrogenated Hydrocarbon Resins
C5/C9 Resins
On the basis of Application:

Adhesives & Sealants
Printing Inks
Paints & Coatings
Rubber Compounding
Tapes & Labels
Others
For More Info: https://www.marketsandmarkets.com/Market-Reports/petroleum-resins-market-123775493.html

Asia-Pacific: The largest market of petroleum resins

Asia-Pacific is currently the largest market for petroleum resins. China is the largest consumer of petroleum resins in this region.

The following are the favourable forces driving the market for petroleum resins in Asia-Pacific:

Major manufacturers of petroleum resins in the region
Growing commercial & industrial construction in the region
Increasing investment in automobile sector
C5 petroleum resins: The largest type segment of petroleum resin market

Petroleum resins are categorized into four major types by such as C5 petroleum resins, C9 petroleum resins, hydrogenated hydrocarbon resins, and C5/C9 petroleum resins. These are the widely used types of petroleum resins. In 2015, C5 petroleum resins accounted for the largest market share in terms of both value and volume due to easy availability and cost-effective nature.

Adhesives & sealants: The largest application segment of petroleum resin market

Petroleum resins are used in adhesives & sealants, printing inks, paints & coatings, rubber compounding, tapes & labels, and other applications. These are the main applications considered in the report. In 2015, the adhesives & sealants application segment accounted for the largest market share as compared to other applications, in terms of value and volume, due to its increasing usage in building & construction and book binding end-use industries.

About MarketsandMarkets

MarketsandMarkets is the world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : +1-888-600-6441
Email: [email protected]