Global C Resin Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2021-2027

C Resin (Hydrocarbon Resin or Petroleum Resin) is a C5/C9 aromatic hydrocarbon used in industrial applications. It has a tackifying effect and is suitable for use in paint, printing ink, adhesives, rubber and other areas where tackiness is required.
It is a kind of thermal plasticizing hydrocarbon resin produced by C5, C9 fraction, by-products of petroleum cracking, through pretreatment, polymerization and distillation. It is not a high polymer but a low polymer with the molecular weight between 300-3000. Featured by acid value, easy mutual solubilities, resistant to water, resistant to ethanol and chemicals. It has the chemical stabilizing property to acid and alkaline, viscosity adjusting and thermal stabilizing, Generally, the petroleum resins are not used independently, but have to be used together with other kinds of resins as promoters, adjusting agents and modifiers in hot-melt adhesive, pressure-sensitive adhesive, hot melt road marking paint, rubber tires and so on.
Currently, there are many players ExxonMobil, Eastman, Kolon Industries, Zeon Corporation and Cray Valley (Total), etc. ExxonMobil, Eastman are playing important roles in the C Resin industry. The market is relatively fragmented globally.
In the Consumption market, C Resin in China takes about 52% market share, which is the biggest consumption area in the current market pattern. The USA ranks second place consumption area, with sales and market share nearly 15%.
In terms of product, C5 Hydrocarbon Resin is the largest segment, with a share over 35%. And according to the application, the largest application is Adhesive & Sealant, followed by Paint, Rubber, etc.

Market Analysis and Insights: Global C Resin Market
In 2020, the global C Resin market size was US$ 2558 million and it is expected to reach US$ 3880.3 million by the end of 2027, with a CAGR of 6.1% during 2021-2027.
Global C Resin Scope and Market Size
C Resin market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global C Resin market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.


Segment by Type, the C Resin market is segmented into
C9 Hydrocarbon Resin
C5 Hydrocarbon Resin
C5/C9 Copolymer Resin
Hydrogenated Hydrocarbon Resin
Others


Segment by Application, the C Resin market is segmented into
Adhesive & Sealant
Paint
Rubber
Printing Ink
Others

Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

Competitive Landscape

and C Resin Market Share Analysis
C Resin market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2016-2021. Details included are company description, major business, C Resin product introduction, recent developments, C Resin sales by region, type, application and by sales channel.

The major companies include:
ExxonMobil
Eastman
Kolon Industries
Cray Valley (Total)
Rain Carbon
Arakawa Chemical
Mitsui Chemicals
Zeon Corporation
Tosoh
Idemitsu Kosan
Formosan Union
Resinall
Neville
Shangdong Qilong
Zibo Luhua
Henghe Materials
Guangdong Xinhuayue
Fushun Huaxing
Daqing Huake
Kete Chemical
Jinhai Chengguang
Zhejiang Derong Chemical
Yuangang Chemical
Puyang Ruisen Petroleum Resins
Ecisco New Material
Shandong Landun Resin
Shandong Yuhuang Chemical
Tongxin New Material
Binder Chemical
Zibo Kaixin