Market Overview:
The global hydrogenated C9 petroleum resin market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for hydrogenated C9 petroleum resins from various applications such as paints, adhesives & sealants, printing ink, packaging materials and others. In addition, the growing demand for lightweight and fuel-efficient vehicles is also contributing to the growth of this market. However, volatility in raw material prices may restrain the growth of this market during the forecast period.
Product Definition:
A hydrogenated C9 petroleum resin is a type of synthetic resin that is derived from crude oil. It is used in adhesives, sealants, and coatings.
Hydrogenated C9 Petroleum Resin:
Hydrogenated C9 petroleum resin is a type of polyolefin that contains alkene and hydrogen. It has properties similar to styrene-butadiene rubber such as high strength, abrasion resistance, and good elasticity.
Hydrogenated C5/C9:
Hydrogenated C5/C9 is a form of hydrogenated vegetable oil. It is a colorless and odorless solid material that consists of medium-chain triglycerides (MCT). MCTs are partially derived from coconut and palm oils, which makes them ideal for use in hydrogenated C5/C9.
Application Insights:
Paint was the largest application segment in 2016 and is expected to witness a CAGR of XX% from 2017 to 2030 owing to rising demand for automotive paints. The product is used as a colorant and as an additive in automotive paint formulations. It functions as a drying agent, anti-settling agent, film former, plasticizer and hardener when mixed with pigments or fillers in the paint layer. Increasing consumer preference for low VOC products has driven manufacturers towards adopting hydrogenated c9 petroleum resin over other types of resins for manufacturing paints.
The adhesive & sealant segment held around 9% share of the overall revenue in 2016 due largely to increasing use of adhesives & sealants across various end-use industries such as construction, electrical & electronics assembly etc.
Regional Analysis:
Asia Pacific was the largest market in 2016 and is expected to continue its dominance over the forecast period. The region accounts for approximately 60% of global demand owing to high product penetration coupled with rapid industrialization and urbanization. China, India, Japan, South Korea are some of the major countries that contribute significantly towards regional growth owing to their large population along with growing automotive industry.
Growth Factors:
- Increasing demand for adhesives and sealants in the automotive industry as a result of the growth of the automotive sector.
- Rising demand from construction and infrastructure sectors due to growth in these sectors.
- Growing use of hydrogenated C9 petroleum resin in coatings, printing inks, and other applications owing to its properties such as good adhesion, chemical resistance, etc.
- Increasing investments by leading players for expansion of production capacities to cater to rising demand from various end-use industries globally
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydrogenated C9 Petroleum Resin Market Research Report
By Type
Hydrogenated C9 Petroleum Resin, Hydrogenated C5/C9
By Application
Paint, Adhesive & Sealant, Printing Ink, Packaging Materials, Others
By Companies
ExxonMobil, Eastman, TOTAL(Cray Valley), Formosan Union, Daqing Huake
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Hydrogenated C9 Petroleum Resin Market Report Segments:
The global Hydrogenated C9 Petroleum Resin market is segmented on the basis of:
Types
Hydrogenated C9 Petroleum Resin, Hydrogenated C5/C9
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
Paint, Adhesive & Sealant, Printing Ink, Packaging Materials, Others
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:
- ExxonMobil
- Eastman
- TOTAL(Cray Valley)
- Formosan Union
- Daqing Huake
Highlights of The Hydrogenated C9 Petroleum 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:
- Hydrogenated C9 Petroleum Resin
- Hydrogenated C5/C9
- By Application:
- Paint
- Adhesive & Sealant
- Printing Ink
- Packaging Materials
- Others
- 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 Hydrogenated C9 Petroleum 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Hydrogenated C9 petroleum resin is a type of plastic that contains hydrogen atoms in the molecule. This makes it resistant to heat and chemicals, which makes it ideal for use in products like food packaging and automotive parts.
Some of the major players in the hydrogenated c9 petroleum resin market are ExxonMobil, Eastman, TOTAL(Cray Valley), Formosan Union, Daqing Huake.
The hydrogenated c9 petroleum resin market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hydrogenated C9 Petroleum 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 Hydrogenated C9 Petroleum Resin Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hydrogenated C9 Petroleum 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 Hydrogenated C9 Petroleum 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 Hydrogenated C9 Petroleum Resin Market Size & Forecast, 2020-2028
4.5.1 Hydrogenated C9 Petroleum Resin Market Size and Y-o-Y Growth
4.5.2 Hydrogenated C9 Petroleum 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 Hydrogenated C9 Petroleum Resin
5.2.2 Hydrogenated C5/C9
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 Paint
6.2.2 Adhesive & Sealant
6.2.3 Printing Ink
6.2.4 Packaging Materials
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hydrogenated C9 Petroleum 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 Hydrogenated C9 Petroleum 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 Hydrogenated C9 Petroleum Resin
9.6.2 Hydrogenated C5/C9
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 Paint
9.10.2 Adhesive & Sealant
9.10.3 Printing Ink
9.10.4 Packaging Materials
9.10.5 Others
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 Hydrogenated C9 Petroleum Resin
10.6.2 Hydrogenated C5/C9
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 Paint
10.10.2 Adhesive & Sealant
10.10.3 Printing Ink
10.10.4 Packaging Materials
10.10.5 Others
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 Hydrogenated C9 Petroleum Resin
11.6.2 Hydrogenated C5/C9
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 Paint
11.10.2 Adhesive & Sealant
11.10.3 Printing Ink
11.10.4 Packaging Materials
11.10.5 Others
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 Hydrogenated C9 Petroleum Resin
12.6.2 Hydrogenated C5/C9
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 Paint
12.10.2 Adhesive & Sealant
12.10.3 Printing Ink
12.10.4 Packaging Materials
12.10.5 Others
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 Hydrogenated C9 Petroleum Resin
13.6.2 Hydrogenated C5/C9
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 Paint
13.10.2 Adhesive & Sealant
13.10.3 Printing Ink
13.10.4 Packaging Materials
13.10.5 Others
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 Hydrogenated C9 Petroleum Resin Market: Competitive Dashboard
14.2 Global Hydrogenated C9 Petroleum Resin Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ExxonMobil
14.3.2 Eastman
14.3.3 TOTAL(Cray Valley)
14.3.4 Formosan Union
14.3.5 Daqing Huake
