Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Styrenated Terpene Resin Market by Type (TS100, TS95, TS90, Other), By Application (Adhesives, Coatings, Print Inks, Rubber Industry, Hot Melt Pressure Sensitive Adhesives, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Styrenated Terpene Resin Market by Type (TS100, TS95, TS90, Other), By Application (Adhesives, Coatings, Print Inks, Rubber Industry, Hot Melt Pressure Sensitive Adhesives, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 130184 3300 Chemical & Material 377 243 Pages 4.6 (41)

Market Overview:

The global styrenated terpene 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 adhesives, coatings, and print inks across various industries. In addition, the growing rubber industry is also expected to fuel the demand for styrenated terpene resin over the forecast period. On the basis of type, TS100 accounted for a major share of the global styrenated terpene resin market in 2017 and is projected to maintain its dominance duringthe forecast period. This can be attributedtoits superior properties such as high heat resistance and chemical resistance as comparedto other types ofstyrenatedterpene resins available in themarket.

Global Styrenated Terpene Resin Industry Outlook

Product Definition:

Styrenated Terpene Resin is a resin that is produced by combining styrene and terpene. It is used in the production of adhesives, coatings, sealants, and other products.


Styrenated terpene resins are a group of natural and synthetic polymers, which are derived from styrene. They have high demand in various end-use industries such as automotive, construction and packaging owing to their excellent physical properties such as toughness, stiffness & strength along with low moisture absorption and low volatile organic compound (VOC) emissions.


The TS95 is a type of high-performance liquid chromatography column that is used in the separation of various compounds based on their polarity. It has applications in the market for styrenated terpene resins and other polar compounds. The compound being highly soluble in water, it can be extracted from plant materials with ease.

TS95 helps to separate chiral compounds.

Application Insights:

The adhesive application segment led the global styrenated terpene resins market in 2017. The product is widely used in adhesives as it offers high performance and reliability at competitive prices. It also has good heat resistance, chemical resistance, and weather stability which makes it a suitable choice for use in outdoor applications where other types of adhesives fail.

Coatings were the second-largest application segment that year accounting for over 21% of the total revenue share. Styrene-based coatings are highly durable, offer low friction coefficient, exhibit high hardness & flexibility properties making them ideal for a wide range of industrial & automotive applications including engine components, transmission systems & gears boxes among others.

Regional Analysis:

Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of major players, availability of skilled labor, low raw material cost coupled with high demand from end-use industries are some key factors responsible for this region’s large share.

Europe was the second largest regional segment followed by North America owing to growing product demand in these regions. Europe has been witnessing a steady growth in construction spending which is likely to propel product consumption over the coming years. In addition, TS100 styrene butadiene rubber (SBR) has received approval from EEA under EC Type Conformity Mark (CMR), which will further boost consumption across this region during the forecast period.

North America emerged as one of the promising markets for technologically advanced products such as styrenated terpene resins due to increasing number of manufacturers shifting their base in this region especially U S.

Growth Factors:

  • Increasing demand for styrenated terpene resin in the automotive and construction industries due to its properties such as high thermal stability, low volatility, and good solubility in organic solvents.
  • Rising demand from emerging economies such as China and India due to the growth of their automotive and construction industries.
  • Growing use of styrenated terpene resin in adhesives, sealants, coatings, printing inks, and other applications owing to its superior properties over traditional resins.
  • Technological advancements that have led to the development of new products with better performance characteristics than those available in the market currently.

Scope Of The Report

Report Attributes

Report Details

Report Title

Styrenated Terpene Resin Market Research Report

By Type

TS100, TS95, TS90, Other

By Application

Adhesives, Coatings, Print Inks, Rubber Industry, Hot Melt Pressure Sensitive Adhesives, Other

By Companies

Xinyi Sonyuan Chemical Co., Ltd., Foreverest Resources Ltd., Songyuan Chemicals Group Ltd., Suichuan Xinhai Chemical, ...

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Styrenated Terpene Resin Market Report Segments:

The global Styrenated Terpene Resin market is segmented on the basis of:


TS100, TS95, TS90, Other

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.


Adhesives, Coatings, Print Inks, Rubber Industry, Hot Melt Pressure Sensitive Adhesives, Other

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:

  1. Xinyi Sonyuan Chemical Co., Ltd.
  2. Foreverest Resources Ltd.
  3. Songyuan Chemicals Group Ltd.
  4. Suichuan Xinhai Chemical
  5. ...

Global Styrenated Terpene Resin Market Overview

Highlights of The Styrenated Terpene Resin Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. TS100
    2. TS95
    3. TS90
    4. Other
  1. By Application:

    1. Adhesives
    2. Coatings
    3. Print Inks
    4. Rubber Industry
    5. Hot Melt Pressure Sensitive Adhesives
    6. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Styrenated Terpene 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

Global Styrenated Terpene Resin Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Styrenated terpene resin is a type of cannabis resin that has been treated with styrene, a synthetic organic compound. Styrene is known to be an environmental pollutant and has been linked to cancer in humans. Some manufacturers of styrenated terpene resin claim that the treatment process renders the resin nontoxic, but there is no scientific evidence to support this claim.

Some of the major companies in the styrenated terpene resin market are Xinyi Sonyuan Chemical Co., Ltd., Foreverest Resources Ltd., Songyuan Chemicals Group Ltd., Suichuan Xinhai Chemical.

The styrenated terpene resin market is expected to grow at a compound annual growth rate of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Styrenated Terpene Resin Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Styrenated Terpene Resin Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Styrenated Terpene Resin Market - Supply Chain
   4.5. Global Styrenated Terpene Resin Market Forecast
      4.5.1. Styrenated Terpene Resin Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Styrenated Terpene Resin Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Styrenated Terpene Resin Market Absolute $ Opportunity

5. Global Styrenated Terpene Resin Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Styrenated Terpene Resin Market Size and Volume Forecast by Type
      5.3.1. TS100
      5.3.2. TS95
      5.3.3. TS90
      5.3.4. Other
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Styrenated Terpene Resin Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Styrenated Terpene Resin Market Size and Volume Forecast by Application
      6.3.1. Adhesives
      6.3.2. Coatings
      6.3.3. Print Inks
      6.3.4. Rubber Industry
      6.3.5. Hot Melt Pressure Sensitive Adhesives
      6.3.6. Other
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Styrenated Terpene Resin Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Styrenated Terpene Resin Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Styrenated Terpene Resin Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Styrenated Terpene Resin Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Styrenated Terpene Resin Demand Share Forecast, 2019-2029

9. North America Styrenated Terpene Resin Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Styrenated Terpene Resin Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Styrenated Terpene Resin Market Size and Volume Forecast by Application
      9.4.1. Adhesives
      9.4.2. Coatings
      9.4.3. Print Inks
      9.4.4. Rubber Industry
      9.4.5. Hot Melt Pressure Sensitive Adhesives
      9.4.6. Other
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Styrenated Terpene Resin Market Size and Volume Forecast by Type
      9.7.1. TS100
      9.7.2. TS95
      9.7.3. TS90
      9.7.4. Other
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Styrenated Terpene Resin Demand Share Forecast, 2019-2029

10. Latin America Styrenated Terpene Resin Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Styrenated Terpene Resin Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Styrenated Terpene Resin Market Size and Volume Forecast by Application
      10.4.1. Adhesives
      10.4.2. Coatings
      10.4.3. Print Inks
      10.4.4. Rubber Industry
      10.4.5. Hot Melt Pressure Sensitive Adhesives
      10.4.6. Other
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Styrenated Terpene Resin Market Size and Volume Forecast by Type
      10.7.1. TS100
      10.7.2. TS95
      10.7.3. TS90
      10.7.4. Other
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Styrenated Terpene Resin Demand Share Forecast, 2019-2029

11. Europe Styrenated Terpene Resin Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Styrenated Terpene Resin Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Styrenated Terpene Resin Market Size and Volume Forecast by Application
      11.4.1. Adhesives
      11.4.2. Coatings
      11.4.3. Print Inks
      11.4.4. Rubber Industry
      11.4.5. Hot Melt Pressure Sensitive Adhesives
      11.4.6. Other
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Styrenated Terpene Resin Market Size and Volume Forecast by Type
      11.7.1. TS100
      11.7.2. TS95
      11.7.3. TS90      11.7.4. Other
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Styrenated Terpene Resin Demand Share, 2019-2029

12. Asia Pacific Styrenated Terpene Resin Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Styrenated Terpene Resin Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Styrenated Terpene Resin Market Size and Volume Forecast by Application
      12.4.1. Adhesives
      12.4.2. Coatings
      12.4.3. Print Inks
      12.4.4. Rubber Industry
      12.4.5. Hot Melt Pressure Sensitive Adhesives
      12.4.6. Other
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Styrenated Terpene Resin Market Size and Volume Forecast by Type
      12.7.1. TS100
      12.7.2. TS95
      12.7.3. TS90
      12.7.4. Other
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Styrenated Terpene Resin Demand Share, 2019-2029

13. Middle East & Africa Styrenated Terpene Resin Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Styrenated Terpene Resin Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Styrenated Terpene Resin Market Size and Volume Forecast by Application
      13.4.1. Adhesives
      13.4.2. Coatings
      13.4.3. Print Inks
      13.4.4. Rubber Industry
      13.4.5. Hot Melt Pressure Sensitive Adhesives
      13.4.6. Other
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Styrenated Terpene Resin Market Size and Volume Forecast by Type
      13.7.1. TS100
      13.7.2. TS95
      13.7.3. TS90
      13.7.4. Other
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Styrenated Terpene Resin Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Styrenated Terpene Resin Market: Market Share Analysis
   14.2. Styrenated Terpene Resin Distributors and Customers
   14.3. Styrenated Terpene Resin Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Xinyi Sonyuan Chemical Co., Ltd. Overview Financials Developments Strategic Outlook
      14.4.2. Foreverest Resources Ltd. Overview Financials Developments Strategic Outlook
      14.4.3. Songyuan Chemicals Group Ltd. Overview Financials Developments Strategic Outlook
      14.4.4. Suichuan Xinhai Chemical Overview Financials Developments Strategic Outlook
      14.4.5. ... Overview Financials Developments Strategic Outlook
      14.4.6. COMPANY6 Overview Financials Developments Strategic Outlook
      14.4.7. COMPANY7 Overview Financials Developments Strategic Outlook
      14.4.8. COMPANY8 Overview Financials Developments Strategic Outlook
      14.4.9. COMPANY9 Overview Financials Developments Strategic Outlook
      14.4.10. COMPANY 10 Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
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