Market Overview:
The global indene-coumarone 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 softeners, plasticizers, adhesives and others applications across the globe. Additionally, rising awareness about benefits of using indene-coumarone resin is also anticipated to fuel the growth of this market in near future. Based on type, liquid segment is projected to hold major share in global indene-coumarone resin market during forecast period. This can be attributed to its properties such as high solubility and compatibility with various organic solvents which makes it suitable for use in various applications such as softener, plasticizer and adhesive among others.
Product Definition:
An aromatic resin that is obtained from the wood of the East Indian sandalwood tree (Santalum album). It is used in perfumes and as a fixative in cosmetics.
Liquid:
Liquid is a solvent that can be used to dissolve the solid form of any chemical compound. It is also known as liquid or diluent and most commonly found in the form of water, ethanol, acetone, ethyl ether and glycols. The major application of liquid is to mix two or more solids together so as to obtain a solution which can then be further processed to yield products according to requirements.
Solid:
Solid is a stable compound and exists in nature as well as can be manufactured by chemical synthesis. It has different forms such as dust, lumps, crystals or powder. Solid indene-coumarone resin is used for the production of Coumarin which is extracted from tonka beans and used in food products like vanilla flavor.
Application Insights:
Indene-coumarone resins are used as softeners in the manufacturing of rubber and plastic. The product demand for softener application is expected to grow at a CAGR of XX% from 2018 to 2030 owing to its ability to reduce hard water hardness and improve water quality, which makes it suitable for use in various applications including laundry detergents, dishwashing gels and soaps, printing ink manufacturers, paints/coating materials producers etc. In addition, increasing awareness regarding sustainable development is likely drive the product demand for softener applications over the forecast period.
The adhesive application segment accounted for 24% market share by volume in 2017 on account of high-temperature stability coupled with excellent resistance against solvents such as alcohols and glycols that are often used during manufacturing processes such as evaporation strips or coatings/injections equipment etc.
Regional Analysis:
Asia Pacific was the leading consumer and accounted for over 45% of the total volume in 2016. Rising demand from end-use industries such as paints & coatings, automotive, construction, and packaging is expected to drive industry growth over the forecast period. The region is also anticipated to register a high CAGR on account of increasing FDI flow into emerging economies coupled with rising infrastructure spending by governments across various countries including China, India, Thailand among others are projected to propel market growth.
The European market was valued at USD X million in 2016 and is expected to witness significant growth owing to stringent regulations regarding VOC emissions coupled with growing environmental concerns among consumers has resulted in increased product use across adhesives & sealants as well as plasticizers applications which will further fuel regional demand during the forecast period.
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 composites in the aerospace industry due to its lightweight nature and superior mechanical properties.
- Growing use of indene-coumarone resin in wind turbine blades owing to its excellent fatigue resistance characteristics.
- Increasing penetration of indene-coumarone resin in emerging economies due to the growth of their manufacturing sector.
Scope Of The Report
Report Attributes
Report Details
Report Title
Indene-Coumarone Resin Market Research Report
By Type
Liquid, Solid
By Application
Softener, Plasticizer, Adhesive, Others
By Companies
H.M. ROYAL, BM-Chemie, Chemichem Limited, Hallstar, HB Chemical, GALAXY INDUSTRIAL, BEIJING EXCELLE CHEMICAL, Aurum Chemicals
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Indene-Coumarone Resin Market Report Segments:
The global Indene-Coumarone Resin market is segmented on the basis of:
Types
Liquid, Solid
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
Softener, Plasticizer, Adhesive, 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:
- H.M. ROYAL
- BM-Chemie
- Chemichem Limited
- Hallstar
- HB Chemical
- GALAXY INDUSTRIAL
- BEIJING EXCELLE CHEMICAL
- Aurum Chemicals
Highlights of The Indene-Coumarone 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:
- Liquid
- Solid
- By Application:
- Softener
- Plasticizer
- Adhesive
- 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 Indene-Coumarone 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?
Indene-coumarone resin is a natural product that is used as a pigment and in the production of plastics.
Some of the major players in the indene-coumarone resin market are H.M. ROYAL, BM-Chemie, Chemichem Limited, Hallstar, HB Chemical, GALAXY INDUSTRIAL, BEIJING EXCELLE CHEMICAL, Aurum Chemicals.
The indene-coumarone 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 Indene-Coumarone 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 Indene-Coumarone Resin Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Indene-Coumarone 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 Indene-Coumarone 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 Indene-Coumarone Resin Market Size & Forecast, 2020-2028
4.5.1 Indene-Coumarone Resin Market Size and Y-o-Y Growth
4.5.2 Indene-Coumarone 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 Liquid
5.2.2 Solid
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 Softener
6.2.2 Plasticizer
6.2.3 Adhesive
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Indene-Coumarone 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 Indene-Coumarone 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 Liquid
9.6.2 Solid
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 Softener
9.10.2 Plasticizer
9.10.3 Adhesive
9.10.4 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 Liquid
10.6.2 Solid
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 Softener
10.10.2 Plasticizer
10.10.3 Adhesive
10.10.4 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 Liquid
11.6.2 Solid
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 Softener
11.10.2 Plasticizer
11.10.3 Adhesive
11.10.4 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 Liquid
12.6.2 Solid
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 Softener
12.10.2 Plasticizer
12.10.3 Adhesive
12.10.4 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 Liquid
13.6.2 Solid
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 Softener
13.10.2 Plasticizer
13.10.3 Adhesive
13.10.4 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 Indene-Coumarone Resin Market: Competitive Dashboard
14.2 Global Indene-Coumarone Resin Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 H.M. ROYAL
14.3.2 BM-Chemie
14.3.3 Chemichem Limited
14.3.4 Hallstar
14.3.5 HB Chemical
14.3.6 GALAXY INDUSTRIAL
14.3.7 BEIJING EXCELLE CHEMICAL
14.3.8 Aurum Chemicals
