Market Overview:
The global coumarone indene resin market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for coumarone indene resin from various applications such as floors, linoleum, coatings, adhesive insulating tape and plasticizers. Additionally, the growing demand for lightweight and high-performance materials is also contributing to the growth of this market. Asia Pacific is expected to be the fastest-growing region during the forecast period owing to rising demand from countries such as China and India.
Product Definition:
Coumarone indene resin is a synthetic polymer made from the monomers coumarone and indene. It is used as a binder in paints and other coatings, and as a component of adhesives.
Ordinary Resin:
Ordinary resin is a transparent solid material that is obtained as a by-product in the catalytic hydrolysis of phenol. It has applications in various industries including construction, paints & coatings, adhesives & sealants and printing Inks. The global market for ordinary resin is expected to witness significant growth on account of increasing demand from end-use industries coupled with growing awareness regarding its usage as an additive for coumarone indene resins.
Modified Resin:
Modified Resin is a polymer modified with an organic group. The most common types of groups used are alkyl, alkoxy, and aralkyl. These groups can be attached to the resin via any carbon or hydrogen bond. Modified resins are widely utilized in the production of adhesives and sealants that find application in woodworking, constructional materials (pipes & tanks), automotive interiors/exteriors as well as electrical appliances such as switches and sockets.
Application Insights:
The floors application segment led the global coumarone indene resins market in 2017. The product is widely used for flooring applications in residential and commercial sectors owing to its adhesive, anti-slip, water resistance and mold release properties. It is also used as an underlayment for carpet installation on account of its superior moisture barrier characteristics.
Coumarone indene resins are utilized as a component of linoleum flooring due to their high strength and durability coupled with low cost compared to natural stone tiles or carpets laid on the surface of wooden boards. The growth in the construction sector across developing countries such as India, China Japan is expected to drive demand over the forecast period.
Coatings were estimated as one of the fastest growing application segments during recent years owing to increasing utilization by various industries including oil & gas, automotive & transportation among others which require corrosion resistant coatings for equipment maintenance.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for flooring products and coatings. In addition, growing construction activities in emerging economies of Asia Pacific are expected to drive product demand over the forecast period.
Europe accounted for a major share of revenue in 2017 on account of high consumption coupled with presence of key manufacturers such as Henkel AG, BASF SE, and Bayer AG. Europe Coatings industry is anticipated to register a CAGR exceeding 5% from 2018 to 2030 owing to rapid infrastructural development across European countries which will drive coatings application segment growth over the projected period.
The coumarone indene resin market in North America was valued at USD X million in 2017.
Growth Factors:
- Increasing demand from end-use industries such as construction, automotive and furniture owing to its properties such as durability, heat resistance and low flammability.
- Rising demand for Coumarone Indene Resin in Asia Pacific due to the growth of the construction industry.
- Growing use of Coumarone Indene Resin in paints & coatings due to its properties such as weather resistance and high gloss finish.
- Increasing penetration of Coumarone Indene Resin in the global market due to its superior performance over other resins available in the market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Coumarone Indene Resin Market Research Report
By Type
Ordinary Resin, Modified Resin
By Application
Floors, Linoleum, Coatings, Adhesive Insulating Tape, Plasticizers
By Companies
Neville Chemical, RÜTGERS Group, Puyang Zhongkexinyuan Petroleum, Zhejiang Henghe Petrochemical, Hebei Hongyun
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
186
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Coumarone Indene Resin Market Report Segments:
The global Coumarone Indene Resin market is segmented on the basis of:
Types
Ordinary Resin, Modified Resin
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Floors, Linoleum, Coatings, Adhesive Insulating Tape, Plasticizers
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Neville Chemical
- RÜTGERS Group
- Puyang Zhongkexinyuan Petroleum
- Zhejiang Henghe Petrochemical
- Hebei Hongyun
Highlights of The Coumarone Indene Resin Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Ordinary Resin
- Modified Resin
- By Application:
- Floors
- Linoleum
- Coatings
- Adhesive Insulating Tape
- Plasticizers
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Coumarone Indene Resin Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Coumarone indene resin is a natural resin obtained from the bark of the Coumarouna tree. It is used as a coloring agent and in perfumes.
Some of the key players operating in the coumarone indene resin market are Neville Chemical, RœTGERS Group, Puyang Zhongkexinyuan Petroleum, Zhejiang Henghe Petrochemical, Hebei Hongyun.
The coumarone indene resin market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Coumarone Indene Resin Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Coumarone Indene Resin Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Coumarone Indene Resin Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Coumarone Indene Resin Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Coumarone Indene Resin Market Size & Forecast, 2020-2028 4.5.1 Coumarone Indene Resin Market Size and Y-o-Y Growth 4.5.2 Coumarone Indene Resin Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Ordinary Resin
5.2.2 Modified Resin
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Floors
6.2.2 Linoleum
6.2.3 Coatings
6.2.4 Adhesive Insulating Tape
6.2.5 Plasticizers
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Coumarone Indene Resin Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Coumarone Indene Resin Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Ordinary Resin
9.6.2 Modified Resin
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Floors
9.10.2 Linoleum
9.10.3 Coatings
9.10.4 Adhesive Insulating Tape
9.10.5 Plasticizers
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Ordinary Resin
10.6.2 Modified Resin
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Floors
10.10.2 Linoleum
10.10.3 Coatings
10.10.4 Adhesive Insulating Tape
10.10.5 Plasticizers
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Ordinary Resin
11.6.2 Modified Resin
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Floors
11.10.2 Linoleum
11.10.3 Coatings
11.10.4 Adhesive Insulating Tape
11.10.5 Plasticizers
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Ordinary Resin
12.6.2 Modified Resin
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Floors
12.10.2 Linoleum
12.10.3 Coatings
12.10.4 Adhesive Insulating Tape
12.10.5 Plasticizers
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Ordinary Resin
13.6.2 Modified Resin
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Floors
13.10.2 Linoleum
13.10.3 Coatings
13.10.4 Adhesive Insulating Tape
13.10.5 Plasticizers
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Coumarone Indene Resin Market: Competitive Dashboard
14.2 Global Coumarone Indene Resin Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Neville Chemical
14.3.2 RÜTGERS Group
14.3.3 Puyang Zhongkexinyuan Petroleum
14.3.4 Zhejiang Henghe Petrochemical
14.3.5 Hebei Hongyun